DVS plans tie-up with Reliance Retail

Software solutions provider Dynamic Vertical Solutions (DVS) has said it is in talks with Reliance Retail for offering end-to-end products related to accounting operations and inventory management among other things. "We are in advanced talks with Reliance Retail for offering them our end-to-end solutions on accounting operations and inventory management and hope to strike the deal soon," DVS Managing Director Rakhi Nagpal told media. She, however, did not disclose the size of the deal saying the company would be able to provide the numbers only after the deal is finalised. The company is in talks with other retailers and real estate developers as well for providing its software solutions. "We are in talks with some of the other big retailers and real estate developers and would soon finalise the deals," Nagpal said, adding that the company would be increasing its headcount to 200 from the present 50 by next year to meet the needs. DVS is also planning to venture into the retail education business to fill the demand-supply gap in the industry and has tied up with the Indian Retail School in this regard. The company also plans tie-ups with some of the best management schools of the country, including the IIMs for enriching their courses with retail management. "Presently almost all the B-schools provide specialisation in finance or IT but their is no specialisation on the retail front and we want fill that gap," she added.

Courtesy: EconomicTimes
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