About Byzan
Byzan is a company based in Mumbai (India) founded in 1991. It operates as a B2B. The company has 41 employees. Byzan offers products and services including Applications Development Services, Applications Management Services, Product Development Services, Applications Testing Services, and Electronic Banking Services. Byzan operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Mumbai, India
- Employees 41
- SectorsFinancial ServicesTechnology
- Website byzan.com
- Legal Name Byzan Systems Pvt.Ltd.
- Date of Incorporation 25 Nov, 1991
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹8.80 Cr
FY 2024 · -5% YoY
- Net Profit₹0.78 Cr
FY 2024 · 9% margin
- EBITDA₹1.11 Cr
FY 2024 · 13% margin
- Employee Count41
Associated legal entities of Byzan
Byzan operates through Byzan Systems Pvt.Ltd. (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 |
|---|---|---|---|---|---|---|---|
| Byzan Systems Pvt.Ltd. CIN U72900MH1991PTC064125 | Active | 25 Nov 1991 | Mumbai, Maharashtra | ₹8.8 Cr | 41 | 2 | View details |
Products & Services of Byzan
Byzan offers a comprehensive portfolio of products and services, including Applications Development Services, Applications Management Services, Product Development Services, Applications Testing Services, and Electronic Banking Services.
End-to-end development of applications for business requirements.
Ongoing support and optimization of applications for efficiency.
Re-engineering and development of software products to market.
Testing services for applications across platforms and variables.
Support for electronic banking implementations and integrations.
Board of directors of Byzan Systems Pvt.Ltd. (Byzan)
Byzan Systems Pvt.Ltd. is the primary company behind Byzan. The board of Byzan Systems Pvt.Ltd. currently have 2 directors; the longest-serving is Mohan Samrajan Krishnan, appointed in 1991. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohan Samrajan Krishnan DIN 01180083 | Director | 25 Nov 1991 | 34 yrs 10 mo | Byzan Systems Pvt.Ltd. |
| Subhash Nandan Swarup DIN 02668986 | Director | 01 Apr 2005 | 21 yrs 6 mo | Byzan Systems Pvt.Ltd. |
People of Byzan
7 people are tracked at Byzan (2 in leadership, 5 in team); the tracked headcount is 41.
| Name | Role | Group |
|---|---|---|
Mohan Krishna | CEO | Leadership |
Sudhir Nair | EB Head | Leadership |
Vinod Gupta | Electronic Banking Support Executive | Team |
Ashish Kanadi | Electronic Banking Support Executive | Team |
Lakshman Raj | Software Executive | Team |
Manish Parab | Electronic Banking Support Executive | Team |
Subhojit Sahoo | Electronic Banking Support Engineer | Team |
Complete people profiles for Byzan
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Financials of Byzan
Figures of Byzan Systems Pvt.Ltd., the primary company behind Byzan, for FY 2024. Revenue was ₹8.80 Cr (-5% year on year). Net profit was ₹0.78 Cr (9% margin). EBITDA was ₹1.11 Cr (13% margin). Revenue has grown at a compounded annual rate of -7% over three years and -3% over five years.
- ₹8.80 CrRevenue · FY 2024 · -5% YoY
- ₹0.78 CrNet profit · 9% margin
- ₹1.11 CrEBITDA · 13% margin
- ₹3.67 CrPaid-up capital
- 41Employees (provident fund records)
- -7%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Byzan Systems Pvt.Ltd. are on its company page.
Detailed financial statements for Byzan
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of Byzan
Byzan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Byzan
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Similar companies to Byzan
10 companies that operate in the same segment as Byzan (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Byzan
Byzan was founded in 1991.
Byzan is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Byzan has 41 employees.
The primary company behind Byzan, Byzan Systems Pvt.Ltd., reported revenue of ₹8.80 Cr for FY 2024, down 5% year on year.
Byzan Systems Pvt. Ltd. delivers IT services such as application development, maintenance, product development, and testing to meet business needs. They collaborate with clients to optimize processes and reduce costs, focusing on efficiency and quality. Based in Mumbai, India, Byzan serves financial services providers and other sectors, emphasizing robust solutions and ongoing support.
Byzan's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Byzan offers Applications Development Services, Applications Management Services, Product Development Services, Applications Testing Services, and Electronic Banking Services.
Byzan operates through Byzan Systems Pvt.Ltd..
The legal entities of Byzan currently have 2 directors, including Subhash Nandan Swarup, Mohan Samrajan Krishnan.