Bodhtree partners with Infosys to provide GST solution

Hyderabad, June 8 (IANS) Bodhtree Consulting Limited, a leading IT consulting and software service provider, on Thursday announced its strategic partnership with Infosys as an Application Service Provider (ASP) wherein the clients of Infosys will have an option to utilise GSP platform of Bodhtree for their GST filings.

The size of the project could be over Rs 200 crore and we are working towards realising these revenues in the next three years, Bodhtree Managing Director L.N. Ramakrishna told reporters here.

GSPs (GST Suvidha Provider) and ASPs will provide much needed support to taxpayers in the IT ecosystem for GST filings and other GST compliances.

ASPs will focus on taking taxpayers' raw data on sales and purchases and converting it into the GST compliant returns. These GST returns, will then be filed on behalf of the filer with GSTN via Bodhtree, as GSP. ASPs will act as a link between the taxpayers and the GSPs.

Bodhtree also announced its strategic relationship with Stratfit Technologies Pvt Ltd (Stratfit) - a company promoted by Daniel McKee, US based celebrity trainer and Olympic certified coach, Nagarjuna Akkineni, leading film personality, K. Sriram, senior professional and entrepreneur, and G. Vamshi Raju, an entrepreneur.

The relationship includes exclusive marketing rights, technology collaboration, and an investment through debt with an option to convert into equity. This would be a strategic investment to grow health and fitness business. Bodhtree will bring in its IT solutions capabilities to the table to strengthen the investment in this sector.

Headquartered in California, Bodhtree is primarily engaged in the business of cloud computing, data analytics, tableau license selling with customisation, IoT, bigdata, Digital Media and GST Suvidha Provider.

During the financial year 2016-17, the company garnered Rs 79 crore in revenue from its domestic and international business.