Silverline announces SME market penetration strategy across North America

Silverline Technologies Ltd has announced that as part of its Small and Medium Enterprises (SME) market penetration strategy across North America, it has completed a strategic tie-up with Mainstream Partners Inc - a management consulting, business services and funding Company headquartered in Ontario, Canada. The Company team boosts of former executives and senior management personnel from North American Companies.

As per the terms of the initiative, the Company will be the global Shared Services Provider working strategically with the North American Company. The complete details on the initiative will be announced within the next couple of weeks. The Company will leverage its facilities in Mumbai to deliver on these initiatives.

Ravi Subramanian Chairman of the Company said, "This strategic tie-up is the first announcement on the Company’s growth strategy. This is yet another milestone towards attaining sustained growth and increased shareholder value. The relationship will enable aggressive growth in the SME marketplace. Silverline is in the final stages of planning similar strategic tie-ups for Fortune 500 clients. Silverline will announce its strategies in the near future".

Source : Equity Bulls

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