The IPRC solution claims to quickly roll out tiered and bundled pricing plans and provide more service options for their subscriber base and would potentially deliver increased revenue for the operator.
The IPRC solution would integrate with the operator's own network and their existing billing solution, helping to ensure seamless ongoing operations, Redknee said in a statement.
"The key value of real-time charging is enabling service providers to charge for unique services in discrete ways that help them increase revenue," industry analyst group OSS Observer said.
It added that service providers with the help of IPRC can allow customers to use and pay for discrete services, offering many different bundles but charging for the services actually used.
India is currently the fastest growing wireless market in the world and in April this year it surpassed the US to become the second largest market as well.