BUSINESS BRIEF
The Company develops mission critical application software products to meet the user requirements. Its primary product/service offerings are:
- SaaS based Core Banking Solution for Banks
- Embedded Software Development for Aerospace and Defense (A&D) Sector in India
The Company offers suite of IT products to the Banking industry that includes - Core Banking Solution, Mobile and Internet (Online) Banking, Enterprise Dashboard, Anti Money Laundering (AML) Solution and AI based Credit Appraisal.
- It constantly innovates Online Banking solutions for over several hundred small cooperative banks in India for the past 30+ years.
- As an IT professional services provider in A&D, the Company offers design and development of Mission-Critical systems, development of Embedded Systems and independent verification and validation services to its customers.
Company has achieved major accomplishments in the A&D sector:
- 200+ man years of contribution in design and development of mission computer software for India’s first indigenous fighter aircraft–Tejas.
- Being integral part of space missions like Chandrayaan-3 and Aditya L1.
The Company has expertise in development of airborne systems and standards. It works with leading Defense labs in India.
It also has expertise in Outsourced custom product development and has deep expertise on Microsoft stack, and cloud services.
Products & Services
Core Banking Solution for BanksProposal
Industry
Information and Communications Technology-ICT
Sub Industry
Application software
Sector
Services
Reason for sell-off
Want to exit the business and move with children abroad.
Top Customer
Deal Size
INR 30 - 50 Cr
Justification
One of handful companies in India. Extremely niche work profile.
Business Operation Information
Financial Information |
2024 (in INR Cr) | 2023 (in INR Cr) | 2022 (in INR Cr) | 2021 (in INR Cr) |
|---|---|---|---|---|
Sales |
9.76 | 10.60 | 8.60 | 5.40 |
EBITDA |
||||
PAT |
N.D |
