Cressanda Solutions receives work order from Eastern Railways to provide advertisement and Concierge Services in over 500 trains

Business Highlights:

• As part of the Eastern Railway tender Cressanda will get rights to advertise on interior/exterior surfaces of over 500 Mail Express/Premium trains/Inter-city trains/Local trains
• In Jan 23, company bagged in-coach digital advertising in the Kolkata Metro for a period of 5 years. Company is in the process of installing over 700 screens in Kolkata Metro coaches

 Sharing more details, Mr. Manohar Iyer, Managing Director and CEO, Cressanda Solutions Limited said, “Cressanda is at the cusp of growing exponentially with two marquee Railway projects and we are honored to have Mr. Sathya Prakash a former senior bureaucrat at Indian Railways as an advisor on board Cressanda at a crucial juncture given that we are embarking on an exciting and delightful journey and his experience will further help us understand and serve Indian Railways and the passengers’ needs better.

This deal will provide the company a nationwide exposure for the brand deals and advertisements from across the country. Cressanda Solutions will play a key role in managing the entire operation of this prestigious projects which is a huge business opportunity. Combined with its strategic partners, its technology, tools, and program management capabilities, Cressanda will drive highly efficient programs to achieve optimal margins.”

In the month of January 2023, company has bagged a prestigious order for in-coach digital advertising in the Kolkata Metro for a period of 5 years. Company is in the process of installing over 700 screens inside Kolkata Metro coaches providing Digital Entertainment along with running digital advertising. Company also has submitted a proposal to Kolkata Metro to provide Wi-Fi in coaches and Content-on-Demand services. Company aims to serve 7-8 lakh passengers daily with an annual target of 15 crore passengers and above. Company is in advance stages for the contract for providing in-coach wi-fi services.

In another important development, Cressanda has also joined hands with Broadcast Engineering Consultants India Limited (BECIL) a Govt. of India MINI RATNA Enterprise under Ministry of Information and Broadcasting and signed a joint consortium to bid for this marquee tender from the Ministry of Railways. 

About Cressanda Solutions Limited https://www.cressanda.com/

Cressanda Solutions Limited (BSE:512379) is an India-based company engaged in providing information technology (IT), digital media and IT enabled services. The company has embarked on a transformational journey to innovate, expand and integrate its technology offerings with capabilities to serve larger organizational opportunities. These service contracts will generally have a profitable and long-term financial profile, and will have a profound social impact. To deliver and successfully execute turnkey projects, the company in its new incarnation has partnered with best-in-class partners and has top talent with deep domain expertise. As the company has branched out in the past year by making huge acquisitions, Cressanda Solutions is on its way to becoming a giant company with its new approach. Apart from this, it has started expanding its reach by setting up several wholly owned subsidiaries.

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