EQUIPPP Social Impact Technologies Ltd. (EQUIPPP) has entered into a Joint Venture Agreement with Seneca Global IT Services Private Limited (SenecaGlobal). The JV agreement was signed and exchanged between Mr. A Sri Prasad Mohan (CFO, EQUIPPP) and Mr. Rao Tummalapalli (MD, SenecaGlobal) in the presence of Mr. Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments of the Telangana government at T-HUB in Hyderabad. Both the companies presented the work they have been doing so far and discussed how this joint venture collaboration can be capitalized for ESG opportunities across the global markets.

This JV between EQUIPPP and SenecaGlobal will introduce SenecaGlobal to a new market and focus on delivering cutting-edge offerings customized to the specific needs of the ESG Global market. By combining EQUIPPP's expertise in the social impact domain with SenecaGlobal's product engineering capabilities, the partnership aims to accelerate the technology adoption for enabling enterprises to meet their ESG goals. EQUIPPP will hold 51 % of the paid-up equity share capital of the proposed Joint Venture Company and SenecaGlobal will hold 49%.