Treeni Sustainability Solutions Inc. an Atlanta (US) based Company has partnered with Sonata Software Limited. Treeni's resustain™ is a cloud-based SaaS platform that enables a 360-degree view of ESG data and risks for enterprises. This relationship creates synergies for both parties, Sonata Software will now have the ability to take relevant and timely sustainability solutions to their global clients, Treeni will benefit from Sonata Software's software product engineering expertise, their partner ecosystem and global reach.
Ankush Patel, CEO & Founder, Treeni Sustainability Solutions said, "Sonata recognizes the urgency and importance of addressing climate change, and they have shown their commitment towards effective climate action by investing in an innovative startup like Treeni. We view the synergies from this strategic relationship magnifying our ability to solve some of the greatest challenges facing our generation and future generations. The relationship with Sonata Software creates renewed energy and focus and the ability to build global execution scale."
Sujit Mohanty, Senior Vice President & Director of Sonata Information Technology Ltd. added, "If India has to realize it's potential to become the 3rd largest economy in the world, Indian companies will have to get a handle on their sustainability strategy with an emphasis on supply chain emissions, this will include addressing the sustainability and ESG needs of important stakeholders such as global clients and consumers, institutional investors and increasingly governments. This strategic partnership with Treeni will help us take sustainability solutions to our large as well as small and medium sized customers."
The relationship provides a logical extension to Sonata's Platformation™ strategy and further strengthens the singular focus of Sonata becoming a digital transformation partner of choice for its customers. Platformation™ is Sonata's unique approach to help incumbent businesses achieve their digital transformation mandates by creating & implementing platform-based business models.
Shares of SONATA SOFTWARE LTD. was last trading in BSE at Rs.311.55 as compared to the previous close of Rs. 316.1. The total number of shares traded during the day was 8167 in over 456 trades.
The stock hit an intraday high of Rs. 316 and intraday low of 308.35. The net turnover during the day was Rs. 2541579.