Majesco Gains On Strategic Partnership With iSIGN

Majesco shares gained as much as 4 per cent on Thursday after the insurance software solutions provider announced strategic partnership with US-based iSIGN Solutions, a supplier of electronic signature and other software solutions. 

Through this strategic partnership, Majesco will use iSIGN's electronic signature solution to deliver its solutions to insurance customers enhancing their digital footprint, Majesco said in a release to Bombay Stock Exchange. 

"Extending our offerings to include iSIGN 's electronic signature solution helps insurance carriers fast track their submissions and documentation," Ed Ossie, COO of Majesco, said. 

Majesco shares closed 1.69 per cent higher at Rs 538.45 apiece, compared to 0.97 per cent gain in the broader Sensex.