Synopsis:
Blue Cloud Softech Solutions Ltd has signed an $8.9 million deal to build an e-governance platform for Zanzibar. Backed by strong financial growth and global expansion, including a new France office and an upgraded AI-based health platform.
A promising Indian technology company is turning heads with a major international breakthrough. Just as digital public infrastructure gains global relevance, the company has signed a landmark multi-million-dollar deal aimed at revolutionizing e-governance on the African continent.
The company in focus is Blue Cloud Softech Solutions Ltd, currently valued at a market capitalization of Rs. 1,515 crore. The stock opened today at Rs. 34.72, slightly lower than its previous close of Rs. 35.42, and maintained its intraday high at Rs. 34.72. Despite a modest market reaction, the announcement could be a turning point in the company’s international growth strategy.
What’s the news?
Blue Cloud has entered into a USD 8.90 million Memorandum of Understanding (MoU) with UAE-India based LedgerFi IT Solutions to build and deploy the eDUA Unified Digital Government Platform (UDGP) for the Government of Zanzibar. As the lead technology partner, Blue Cloud will handle the architectural design, core software development, and integration of the latest digital technologies. The project, commissioned by the Zanzibar eGovernment Authority (eGAZ), aims to digitize and centralize public services, benefiting ministries, agencies, citizens, and businesses alike.
The platform will integrate blockchain, AI/ML, and cloud infrastructure to ensure data integrity, optimize service delivery, and improve financial transparency through a blockchain-powered payment gateway (eDUA-ZanMalipo) . Additional features include cybersecurity safeguards, API integration, and real-time analytics. The collaboration positions Zanzibar as a model for digital governance in Africa, while also highlighting Blue Cloud’s global capabilities.
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Financially, Blue Cloud has delivered strong performance. Sales rose 58.7 percent year-on-year, from Rs. 502 crore in March 2024 to Rs. 797 crore in March 2025, while net profit surged 175 percent, from Rs. 16 crore to Rs. 44 crore. The company’s return ratios are impressive, with ROE at 44.5% and ROCE at 36.9%. Total assets also grew by 81.8 percent, from Rs. 193 crore to Rs. 351 crore, reflecting its continued investment in digital infrastructure and global capacity.
Beyond the African project, the company recently opened a new office in Grenoble, France, to deepen its European presence. It also launched BluHealth Platform v2.0, transforming from a proof-of-concept to an AI-integrated, enterprise-grade solution for large-scale healthcare delivery.
Blue Cloud Softech Solutions is a tech-driven company that builds custom software and helps businesses manage and analyze data more effectively. From cloud solutions to digital transformation, they offer a wide range of services including healthcare tech, cybersecurity, and IT consulting designed to make organizations smarter, faster, and more future-ready.
Written by – Manan
