Janalakshmi Financial Services, a microfinance institution, has signed a five-year agreement with Accenture to scale-up operations and expand services to the urban poor. “The partnership with Accenture is to get business outsourcing solutions and IT services to facilitate our expansion,” said Ramesh Ramanathan, Chairman, Janalakshmi. “Since we had already built an in-house front-end solution for the micro loans service we offer to the urban under-served, we needed solutions on industrial infrastructure scale to rapidly expand our presence in the country; so, we selected Accenture after receiving bids from others,” said Ramanathan....
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