CNI Research, Suvidhaa Infoserve for channel partnership

CNI Research Ltd has informed that the Company and Suvidhaa Infoserve Pvt Ltd have signed an agreement for channel partnership for content sharing and marketing.

Suvidhaa Infoserve P Ltd backed by Shapoorji Pallonji Gr has recently floated the company to aggregate, commoditize and distribute the services in most convenient form across India with 1350 retail outlets so far to cater the needs of all kinds of services including financial services. "SUVIDHAA" will be having 10,000 outlets across the country in 1st year and 1,00,000 outlets in a span of 3 years. Whereas for the Company it is only the second such channel partnership the first being with Satyam gr of company "SIFY" which is a Nasdaq listed company.

The alliance will improve the top line of the Company which is a fully paid portal. The Company is also looking for strategic tie ups in 12 months to cash the boom on the capital market where it would like to make its product available even at the remote places. It is widely believed that interact penetration is set to rise from the current 3 to 4% to almost 10% in next 3 years a whopping jump which will help all net based companies.