MillenniumIT ESP CFO Dinuka Perera, Head of Technology Alliances and Innovation, Rahal Jayawardene and Prakash with Mint HRM’s Namal and Thanuja alongside PWC’s Director Public Private Partnerships and Deal Strategy, Ruvini Fernando, Analyst Nishellie Rajapaksha and Associate Consultant Corporate Finance, Valuation Consulting and Real Estate Advisory Viraine Senadheera
MillenniumIT ESP one of Sri Lanka’s leading Systems Integrator and Information Systems provider recently formed a strategic partnership with MintHRM, a cloud based Human Resource Information System provider, to serve its key markets with a diverse portfolio of solutions focusing on human capital transformation and management.
Human capital transformation and management is a prime focus area for businesses embarked on their digital transformation journeys around the globe. Known for transforming business operations through the use of integrated solutions, technology and automation, MillenniumIT ESP has identified the need to develop, transform and retain human capital as a catalyst for success.
The company intends to offer a portfolio of innovative solutions and services encompassing the area of human capital development and transformation across its key business sectors such as Banking and Finance, Telecommunications, Leisure, and Manufacturing, realigning the way in which people function and helping businesses to achieve more with less.
“This partnership is the first among many strategic partnerships to come as MillenniumIT ESP leverages its core technical capabilities, its broad market reach and financial strength to enrich capabilities of growth stage innovative startups and accelerate their growth,” said Rahal Jayawardene, Head of Technology Alliances and Innovation, MillenniumIT ESP.
“This is a significant milestone in the short history of MintHRM. We consider MillenniumIT ESP as one of the most respected and technologically progressive IT companies in Sri Lanka and we view this as a strategic partnership that would elevate the MintHRM platform with the technological expertise and market reach of MillenniumIT ESP, as we strive to expand our footprint in the global arena,”said Namal Gunawardhane, CEO, MintHRM.
“We are pleased to have been successful in bringing together a leading technology company in Sri Lanka with a promising and innovative HRIS player that has made significant strides in providing tech enabled HR solutions locally and regionally. We see much potential for future business synergies for both players. When PwC’s Deals Strategy team was mandated with the task of raising funds for MintHRM, we focused on not just bringing in capital for a tech startup, but in creating a meaningful business relationship that will last long beyond that,” said Ruvini Fernando, Director, PPP Advisory and Deals Strategy, Pricewaterhouse Coopers Sri Lanka.
In today’s dynamic world, organizations are embracing change and thereby transforming themselves to grow exponentially. In order to compete, survive and be relevant, organizations must rethink the way they engage and leverage, arguably their biggest asset, the human capital,” said Murali Prakash, Director Millennium IT ESP and Group Managing Director, Ambeon Capital PLC and Ambeon Holdings PLC.
MillenniumIT ESP is a subsidiary of Ambeon Holdings PLC, a conglomerate reputed for its market dominance in the areas of financial services, manufacturing, real estate, technology and strategic investments.
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