Protean eGov Technologies Launches eSignPro: Revolutionizing Digital Signatures

On July 01, 2024, Protean eGov Technologies Limited, formerly NSDL eGovernance Infrastructure Limited and listed as PROTEAN on the BSE, launched eSignPro, a state-of-the-art digital signature and stamping product. Designed to be the most comprehensive offering in its field, eSignPro integrates electronic signing and stamping with a suite of smart documentation tools.

Features and Benefits of eSignPro

• Industry Leadership: Protean has processed over 40 crore eSign transactions, establishing itself as a leader in digital public infrastructure and regulatory technology.
• Digital Transformation: eSignPro aims to revolutionise how businesses manage agreements by digitising workflows and eliminating the need for physical paperwork.
• Cost Savings: Significantly reduces costs for financial institutions, which typically spend ₹200 per agreement annually on printing, executing, and storing physical documents.
• Security and Legality: Offers a secure, legally accepted digital signature solution that ensures compliance with regulatory frameworks.
• Automation: Streamlines workflows through automation capabilities, enhancing efficiency and reducing manual processes.
• Customisable Templates: Provides customisable document templates, allowing organisations to tailor agreements to their needs.
• Enhanced Productivity: Enables faster turnaround times and enhances risk control, boosting organisational productivity.

Regarding the launch, Mr Suresh Sethi, MD and CEO of Protean eGov Technologies, said, “India has made transformational progress in creating multi sectoral Digital Public Infrastructure. This has been accompanied by progressive regulatory and legal frameworks like the Information Technology Act 2000 and Electronic Signature or Electronic Authentication Technique and Procedure Rules 2015 (ESEATPR), enabling end-to-end digital and paperless processes. Despite that, we are still saddled with physical documents and storage challenges leading to significant financial and environmental impact.”

He further added, “eSignPro can eliminate physical paper and manual signatures across a host of processes such as account opening, re-KYC, lending and any contract execution. It provides a superior experience with features like workflow management, user-friendly dashboards and universal access through WhatsApp, SMS, and email. It is designed to give organisations and their customers faster turnaround times, reduced costs, and enhanced risk control. eSignPro is pivotal in Protean’s commitment to further digital financial inclusion while building for billions.”

About Protean eGov Technologies Limited

Protean eGov Technologies Limited focuses on developing large-scale e-governance solutions that cater directly to citizens. Specialising in technology-enabled services, Protean collaborates closely with governments to create and implement innovative digital infrastructure projects. They have a strong track record in designing solutions that improve public services and enhance government efficiency.

On July 01, 2024, the share price of Protean eGov Technologies Limited opened at ₹1,157.80, touching the day’s high of ₹1,247.00 as of 11:34 AM on NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.