
Purple Wave Infocom has secured a significant five-year Digital Screens-as-a-Service (DSaaS) Agreement with Vexto Commercials for deployment and management of an integrated digital display and technology solution. According to reports from Business Standard, the contract involves the installation and maintenance of digital screens at Neo Square, Sector 109, Gurugram, Haryana.
The base contract value is ₹4.50 crore over five years, as reported by Business Standard. The agreement includes a monthly service charge of ₹7.50 lakh with an annual escalation of 10% as per the agreed commercial terms. This structured payment model provides both parties with predictable revenue streams and cost management over the contract duration.
The collaboration between Purple Wave Infocom and Vexto Commercials represents a strategic partnership in the digital display solutions sector. As reported by Business Standard, the contract encompasses the deployment and management of an integrated digital display and technology solution at the specified location in Gurugram. This partnership positions both companies to serve the commercial digital display market in the region.