Affle2.0 Bags More Than USD 1 Million for Singapore-citizens-engagement Project


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Comserve Inc.

Aug 30, 2020, 07:30 EST


Bronx, United States, Aug 30, 2020, 07:30 /Comserve / -- Affle International Pte. Ltd., on Wednesday, i.e., August 26, declared about its winning of a significant contract from the Singapore Government.

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New Delhi, August 27, 2020: Affle International Pte. Ltd., on Wednesday, i.e., August 26, declared about its winning of a significant contract from the Singapore Government. The deal stands for building a Digital & Cloud-based Commuter Survey Platform for Land Transport Authority.  

Affle International Pte. Ltd. is one of the top-most consumer intelligence service providers. Its mobile marketing services will facilitate interactive surveys for Singapore’s citizens to run LTA’s idea of constructing a citizen-focused land transport system. The company, in its press release, stated that the total value of the contract is more than USD 1 million. The platforms and services provide by Affle International Pte. Ltd. were initially certified in 2018 by the Infocomm Media Development Authority of Singapore. Currently, Affle International Pte. Ltd. is conscientiously working on six big projects with multiple government agencies across Singapore.  

Mr. Anuj Khanna Sohum, the Chairman, MD and CEO at Affle International Pte. Ltd. expressed thanks to the LTA along with all the Singapore government agencies. He was also thankful for the opportunity that was given to Affle International Pte. Ltd. to prove the company’s platforms and competence to drive meaningful citizen engagements on connected devices. He also expressed a note of thanks to IMDA for certifying and supporting Affle International Pte. Ltd. According to the company, these deals are a significant part for validation of Affle2.0 verticalization strategy.  

Very recently Affle International Pte. Ltd. has reported strong performance in the Q1 FY2021. It experienced an increase of 20.4% y-o-y in its revenue from operations as compared to that of corresponding quarter of the previous year. The EBITDA rose by 20.3% y-o-y while PAT margin expanded by 2.7% y-o-y. On August 13, 2020, it also announced its plans to acquire 8.0% ownership in Talent Unlimited Online Services Private Limited ‘Bobble AI’. This year Affle International Pte. Ltd. has witnessed a series of achievements and on August 8, it also completed a year of a fantastic IPO in India. 

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