HP has announced that it has won a financing and asset management services contract from Subhiksha.
HP Financial Services, the company’s asset management services and leasing subsidiary, is providing financing for software licenses as well as leasing and asset management services for the IT assets Subhiksha is deploying to expand its technology infrastructure.
“We have been very pleased with the results we have achieved by using HP’s financing and asset management services,” said R Subramanian, managing director, Subhiksha. “By leasing, we are able to invest effectively in our business growth, confident that we can expand our IT environment as needed and refresh our technology platform in the years ahead as newer, more efficient generations of IT equipment become available.”
Irv Rothman, president and chief executive officer, HP Financial Services, said, “India is a critical market for us and building a strong relationship with leading companies like Subhiksha is key to our growth strategy in Asia.”