Infibeam and its partners have won the contract as a Managed Service Provider for "Design, Development, Implementation, Operation & Maintenance of Government e-Marketplace (GeM)", the company has told the stock exchanges. A couple of days ago, the Economic Times had reported that the five year contract is worth around Rs 1000 crore, and Infibeam and its partner Intellect Design Arena had been the lowest bidders, but that was an unconfirmed report. Note that a GeM is already running, developed by the Directorate General of Supplies and Disposals (DGSD) and launched on 9th August 2016, with a "limited set of functionalities of GeM Solution" according to the RFP, and "more than 7400 products in about 150 product categories and hiring of transport service" according to a press release from the government in January. Infibeam and its partners are expected to transition to…
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