Announced Sat, 18 Oct · 11:06 IST

Intimation of execution of service agreement/work order(s)

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AI summary

Skyline Ventures India has signed a one-year service agreement with Verkko Technologies (Hyderabad) to provide market research, data compilation, analysis, and report preparation services on a pan-India basis. The deal follows a successful 30-day pilot and starts from October 16, 2025. The base contract value is around Rs. 2 crore, with potential to scale up to Rs. 5 crore depending on work orders. Payments will be made within 30 days of invoice, and the company has flagged this as a strategic engagement to grow its data and analytics portfolio.

Likely market impact

This new contract adds a recurring revenue stream in the data and analytics space and could meaningfully contribute to growth if the Rs. 5 crore potential is realised. For shareholders, it signals business expansion and diversification, though with a relatively small private client the stock impact is likely modest until order volumes scale.