About Acute Informatics
Acute Informatics is a Financial Services company based in Ahmedabad (India) founded in 2005 by Chirag Patel, and was acquired by Panamaxil in February 2023. Core banking software and ERP solutions are developed for banks. Its chief executive, as recorded, is Chirag Patel. Its Indian entity Bankai Informatics Private Limited reported revenue of ₹28.81 Cr. Acute Informatics offers products and services including EasyBankCore and ERPX.IN. Its focus areas include FinTech, Banking Tech and Core Banking Platforms.
Company details
Acute Informatics was established in 2005 in Ahmedabad, India, within the banking software sector. Core banking systems, POS terminals, financial accounting tools, and ERP solutions are developed for banks. The flagship product, EasyBankCore, functions as a browser-based multi-channel platform that delivers banking services tailored to user profiles. Additional services include system integration, custom mobile software development, and database management. Local co-operative banks are included among the customer base.
- Headquarters Ahmedabad, India
- Founders Chirag Patel
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website acuteinformatics.co.in
- Social LinkedIn Facebook
- Acquired by Panamaxil (Feb 2023)
- Legal Name Acute Informatics Private Limited
- Date of Incorporation 28 Oct, 2005
- Jurisdiction Ahmedabad, Gujarat, India
Associated legal entities of Acute Informatics
Acute Informatics operates through Bankai Informatics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bankai Informatics Private Limited CIN U72200GJ2005PTC047008 | Active | 28 Oct 2005 | Ahmedabad, Gujarat | ₹28.8 Cr | 417 | 4 | View details |
Products & Services of Acute Informatics
Acute Informatics offers a comprehensive portfolio of products and services, including EasyBankCore and ERPX.IN.
Enterprise solution for multi-channel banking services and operations.
Integrated system for process and discrete manufacturing in SMEs.
Investors in Acute Informatics
Acute Informatics has secured backing from 1 investor. Prominent investors backing the company include Panamaxil.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Telecom BSS, switching, and mobile finance solutions are provided. | 2001 | panamaxil.com | New York, United States |
Investor details for Acute Informatics
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Board of directors of Bankai Informatics Private Limited (Acute Informatics)
Bankai Informatics Private Limited is the primary company behind Acute Informatics. The board of Bankai Informatics Private Limited currently have 3 directors; the longest-serving is Chirag Kirit Patel, appointed in 2015. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chirag Kirit Patel DIN 02284829 | CEO | 16 Feb 2015 | 11 yrs 8 mo | Bankai Informatics Private Limited |
| Mohit Niranjanbhai Rao DIN 03588750 | Director | 07 Dec 2022 | 3 yrs 11 mo | Bankai Informatics Private Limited |
| Amit Manharlal Pomal DIN 07541044 | Additional Director | 28 Nov 2025 | 11 mo | Bankai Informatics Private Limited |
People of Acute Informatics
1 people are tracked at Acute Informatics (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Acute Informatics
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Financials of Acute Informatics
Figures of Bankai Informatics Private Limited, the primary company behind Acute Informatics, for FY 2025. Revenue was ₹28.81 Cr (+21% year on year). Net profit was ₹48.8 Lakh (2% margin). EBITDA was ₹2.48 Cr (9% margin). Revenue has grown at a compounded annual rate of +16% over three years and +7% over five years.
- ₹28.81 CrRevenue · FY 2025 · +21% YoY
- ₹48.8 LakhNet profit · 2% margin
- ₹2.48 CrEBITDA · 9% margin
- ₹13.8 LakhPaid-up capital
- 417Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bankai Informatics Private Limited are on its company page.
Detailed financial statements for Acute Informatics
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Timeline of Acute Informatics
2 dated milestones of Acute Informatics across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Acute Informatics is founded.
- Exit Acquired by Panamaxil.
Web traffic of Acute Informatics
The website of Acute Informatics (acuteinformatics.co.in) receives about 1.1K visits a month.
- Monthly visits1.1K
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Related news about Acute Informatics
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Frequently Asked Questions about Acute Informatics
Acute Informatics was founded in 2005.
Acute Informatics is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Chirag Patel is the CEO of Acute Informatics, as recorded in our data. They have also founded this company.
The primary company behind Acute Informatics, Bankai Informatics Private Limited, reported revenue of ₹28.81 Cr for FY 2025, up 21% year on year.
Acute Informatics was established in 2005 in Ahmedabad, India, within the banking software sector. Core banking systems, POS terminals, financial accounting tools, and ERP solutions are developed for banks. The flagship product, EasyBankCore, functions as a browser-based multi-channel platform that delivers banking services tailored to user profiles. Additional services include system integration, custom mobile software development, and database management. Local co-operative banks are included among the customer base.
Acute Informatics offers EasyBankCore and ERPX.IN.
Acute Informatics has 1 investor. Key investors include Panamaxil.
Acute Informatics operates through Bankai Informatics Private Limited.
Yes. Acute Informatics was acquired by Panamaxil in February 2023.
The legal entities of Acute Informatics currently have 3 directors, including Mohit Niranjanbhai Rao, Chirag Kirit Patel, Amit Manharlal Pomal.