TCS bags deal from Aadhar Housing Finance to improve business operations

India’s largest software firm TCS has bagged a deal to drive business process transformation at Aadhar Housing Finance for an undisclosed sum, the companies said on Wednesday.

The domestic housing financier will be deploying the Tata group company’s lending and securitisation platform for market expansion, according to a statement.

The partnership with TCS is for an end-to-end business process transformation using the integrated and collaborative blockchain-based cloud platform.

The Indian market constitutes around 5 per cent of the revenues for the TCS, which depends on the export markets for revenues. Globally, banking, financial services and insurance is the biggest segment for the company.