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| Smart Talk |
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India's MGRM Net, a leading e-governance technology company, and the Netherlands-headquartered Bell ID, a worldwide technology leader in card application and key management solutions, have entered into a 50:50 joint venture to explore the emerging sectors of e-governance and identity management in India. We connected with Dr KVR Murthy, Founder, MGRM Net and Pat Curran, Chairman, Bell ID to know more about this joint venture and what it signifies. |
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How did this joint venture come about?
Dr Murthy: This is our first experience of working with a Dutch company and we see it as
a very exciting prospect. MGRM has been active in the smartcard-based e-governance
solutions linked through a single, proprietary OmVcard-the Online Multi-domain Value
Card-for nearly a decade.
A meeting with Pat Curran during one of his visits to India, reflected a shared vision-that of
taking the society to a different level through e-governance. Common interests brought the
two companies on a common platform to share their respective expertise to make this
vision a reality.
Pat Curran: I have been developing businesses in India for sometime and was introduced
to MGRM through one of the existing partnerships. I found a "kindred-spirit" in Dr KVR
Murthy.
What part does your company play in this joint venture?
Dr Murthy: MGRM Net will provide research-based, multi-domain, OmVcard-driven
integrated e-governance applications that are fully developed with proven technology. In
addition, it will bring to the table local experience and expertise of having run many
applications successfully.
Pat Curran: Bell ID will provide card management software, technical assistance, and
training.
What are the sectors that will be targeted under the JV?
The JV will address e-governance schemes and smartcard-led identity schemes in the
domains of education, healthcare, etc.
How is this JV significant for your company?
Dr Murthy: This partnership will enhance the execution capabilities of MGRM Net and will
enable us to target the various domains on a much larger scale.
Pat Curran: It is very significant. At Bell ID we believe that we have found the perfect
partner in MGRM to leverage growth across India and adjoining territories.
Have you ever visited the Netherlands/India? What was your experience like
there?
Dr Murthy: I have had the opportunity to visit the Netherlands on a couple of occasions.
Needless to say, the experience has been wonderful and I am sure this partnership will
give me many mutually beneficial reasons to visit this beautiful country in the near future.
Pat Curran: Yes, I have visited India on a number of occasions. Bell ID CEO David Orme
has visited the country twice and both of us have had a very positive experience. The
synergies between Bell ID and MGRM are obvious, notably the shared enthusiasm for the
joint venture. Growing economies are already seizing the benefits of smartcard-based ID,
application management, key management etc. Both companies see the emergence of
mobile near field communication (NFC) technologies. The MGRM Bell ID JV, we together
feel, is ideally placed to capitalise on these opportunities.
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