About Armsoftech AIR
Armsoftech AIR is a Technology company based in Chennai (India) founded in 2019. AI-powered voice bot and customer experience solutions for financial services in India. The company has 277 employees. Its Indian entity Armsoftech Private Limited reported revenue of ₹51.15 Cr. Armsoftech AIR offers products and services including Voice BOT and Chat BOT. Its focus areas include Finance, Banking Services, Customer Experience Management and AI Integration.
Company details
ARMSOFTECH is identified as Indias first AI-enabled customer experience provider, with a focus on voice bot solutions that are integrated with human intelligence to manage customer interactions. It is noted for handling over 8 million transactions for leading financial brands, emphasizing cost-effective and scalable technologies. Hybrid man-machine approaches are employed to optimize business processes, while AI-driven innovations are utilized to enhance productivity and lower operational expenses in sectors like banking.
- Headquarters Chennai, India
- Employees 277
- SectorsTechnology
- Email••••••••
- Social LinkedIn Facebook
- Legal Name Armsoftech Private Limited
- Date of Incorporation 06 Apr, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹51.15 Cr
FY 2024 · +10% YoY
- Net Profit₹28 Lakh
FY 2024 · 1% margin
- EBITDA₹13.36 Cr
FY 2024 · 26% margin
- Employee Count277
Associated legal entities of Armsoftech AIR
Armsoftech AIR operates through Armsoftech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Armsoftech Private Limited CIN U72900TN2017PTC115929 | Active | 06 Apr 2017 | Chennai, Tamil Nadu | ₹51.2 Cr | 277 | 2 | View details |
Products & Services of Armsoftech AIR
Armsoftech AIR offers a comprehensive portfolio of products and services, including Voice BOT and Chat BOT.
Voice bots are developed for customer experience enhancement, as utilized in managing transactions for financial services
Chat bots are provided for messaging platforms to support customer interactions across various channels
Board of directors of Armsoftech Private Limited (Armsoftech AIR)
Armsoftech Private Limited is the primary company behind Armsoftech AIR. The board of Armsoftech Private Limited currently have 2 directors; the longest-serving is Ramu Annamalai Umaiyal Radhai, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramu Annamalai Umaiyal Radhai DIN 00904034 | Director | 06 Apr 2017 | 9 yrs 6 mo | Armsoftech Private Limited |
| Sudhasomasundaram DIN 00904022 | Director | 06 Apr 2017 | 9 yrs 6 mo | Armsoftech Private Limited |
Financials of Armsoftech AIR
Figures of Armsoftech Private Limited, the primary company behind Armsoftech AIR, for FY 2024. Revenue was ₹51.15 Cr (+10% year on year). Net profit was ₹28 Lakh (1% margin). EBITDA was ₹13.36 Cr (26% margin). Revenue has grown at a compounded annual rate of +16% over three years and +80% over five years.
- ₹51.15 CrRevenue · FY 2024 · +10% YoY
- ₹28 LakhNet profit · 1% margin
- ₹13.36 CrEBITDA · 26% margin
- ₹3.00 CrPaid-up capital
- 277Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +80%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Armsoftech Private Limited are on its company page.
Detailed financial statements for Armsoftech AIR
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Top companies in AI in Banking
3 companies that operate in the same segment as Armsoftech AIR (AI in Banking) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers AI-powered product development and consulting services worldwide. | 1997 | Hyderabad, Telangana, India | 2,274 | |||
AI app for automatic expense tracking, bill reminders, and account balance monitoring. | Bathinda, Punjab, India | USD 107.21 K | ||||
Offers digital product development, app modernization, and AI solutions for clients. | 2008 | Hyderabad, Telangana, India | USD 1.74 M | 128 |
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Frequently Asked Questions about Armsoftech AIR
Armsoftech AIR was founded in 2019.
Armsoftech AIR is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Armsoftech AIR has 277 employees.
The primary company behind Armsoftech AIR, Armsoftech Private Limited, reported revenue of ₹51.15 Cr for FY 2024, up 10% year on year.
ARMSOFTECH is identified as Indias first AI-enabled customer experience provider, with a focus on voice bot solutions that are integrated with human intelligence to manage customer interactions. It is noted for handling over 8 million transactions for leading financial brands, emphasizing cost-effective and scalable technologies. Hybrid man-machine approaches are employed to optimize business processes, while AI-driven innovations are utilized to enhance productivity and lower operational expenses in sectors like banking.
Armsoftech AIR offers Voice BOT and Chat BOT.
Armsoftech AIR operates through Armsoftech Private Limited.
The legal entities of Armsoftech AIR currently have 2 directors, including Ramu Annamalai Umaiyal Radhai, Sudhasomasundaram.