CCSL

Bengaluru, India Founded: 1992 • Age: 34 yrs Acquired By Diversa
Software development services are provided by CCSL in Bengaluru.

About CCSL

CCSL is a company based in Bengaluru (India) founded in 1992 was acquired by Diversa in March 2011. The company has 21 employees. CCSL offers products and services including Software Development, IT Enabled Services, BPO Services, and R&T Services. CCSL operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

  • Headquarter Bengaluru, India
  • Employees 21
  • Sectors
    Business Services
    Technology
  • Website ccsl.co.in
  • Acquired by Diversa (Mar 2011)
  • Legal Name Canbank Computer Services Limited
  • Date of Incorporation 31 Aug, 1994
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹70.12 Cr

    FY 2025 · +20% YoY

  • Net Profit
    ₹14.98 Cr

    FY 2025 · 21% margin

  • EBITDA
    ₹27.57 Cr

    FY 2025 · 39% margin

  • Investors
  • Employee Count
    21
  • Acquired by
    Diversa

    (Mar 2011)

Products & Services of CCSL

CCSL offers a comprehensive portfolio of products and services, including Software Development, IT Enabled Services, BPO Services, and R&T Services.

Software Development
IT Services

Develops projects for banks and firms with certified processes.

IT Enabled Services
Data Management

Optimizes cash forecasting using scientific methods for ATMs.

BPO Services
Outsourcing

Manages loan processing and account openings for financial institutions.

R&T Services
Agency Services

Handles share transfers for mutual funds and investors.

Investors in CCSL

CCSL has secured backing from 1 investor. Prominent investors backing the company include Diversa.

All
InvestorDescriptionFounded YearDomainLocation
Diversified investment management services are provided across various sectors.
2009diversa.com.auMelbourne, Australia
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Board of directors of Canbank Computer Services Limited (CCSL)

Canbank Computer Services Limited is the primary company behind CCSL. The board of Canbank Computer Services Limited currently have 8 directors; the longest-serving is Shanmugasundaram Sekar, appointed in 2022. 51 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shanmugasundaram Sekar
DIN 09648838
Nominee Director28 Jun 20224 yrs 3 moCanbank Computer Services Limited
Hardeep Singh Ahluwalia
DIN 09690464
Director21 Mar 20233 yrs 6 moCanbank Computer Services Limited
Inder Mohan Singh
DIN 10596076
Nominee Director20 Apr 20242 yrs 5 moCanbank Computer Services Limited
Arnnnagappan
DIN 10780609
Director20 Sep 20242 yrsCanbank Computer Services Limited
Naga Srinivasa Rao Ivaturi
DIN 10809407
Managing Director01 Oct 20242 yrsCanbank Computer Services Limited
Rajesh Ranganathan
DIN 10355446
Nominee Director13 Jan 20251 yr 8 moCanbank Computer Services Limited
Sundaresan Saravanan
DIN 11148621
Nominee Director06 Jun 20251 yr 4 moCanbank Computer Services Limited
Manoj Sundar Chayani
DIN 11194316
Nominee Director14 Jul 20251 yr 2 moCanbank Computer Services Limited

People of CCSL

1 people are tracked at CCSL (1 in leadership); the tracked headcount is 21.

NameRoleGroup
Rakesh Sharma
CEOLeadership
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Financials of CCSL

Figures of Canbank Computer Services Limited, the primary company behind CCSL, for FY 2025. Revenue was ₹70.12 Cr (+20% year on year). Net profit was ₹14.98 Cr (21% margin). EBITDA was ₹27.57 Cr (39% margin). Revenue has grown at a compounded annual rate of +24% over three years and +28% over five years.

  • ₹70.12 CrRevenue · FY 2025 · +20% YoY
  • ₹14.98 CrNet profit · 21% margin
  • ₹27.57 CrEBITDA · 39% margin
  • ₹3.24 CrPaid-up capital
  • 21Employees (provident fund records)
  • +24%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Canbank Computer Services Limited are on its company page.

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Detailed financial statements for CCSL

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Timeline of CCSL

2 dated milestones of CCSL across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded CCSL is founded.
  2. Exit Acquired by Diversa.

Competitors of CCSL

CCSL 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
almaviva.it2005Rome, Italy––
IT services suite solutions are provided globally by AlmavivA.
hedgehoglab.com2007Newcastle Upon Tyne, United Kingdom$9.49M88
Mobile application development and UX design services are provided.
kontron.com1959Linz, Austria$34.6M130
Embedded computing platforms are developed for industrial applications.
unicorn.com1990Prague, Czech Republic$12M–
Software development services are provided by Unicorn in Prague.
gigster.com2013Austin, United States$32.5M12
Software development services are provided via an AI-powered platform.
redshelf.com2012Chicago, United States$82.53M107
Platform offering digital textbooks for students
hancom.com1990Seongnam-si, South Korea––
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
nxtsoft.com2017Birmingham, United States$4.83M79
Computer software development services provider
akqa.com1994Riyadh, Saudi Arabia$8.74M648
Integrated digital marketing campaigns are developed and executed across channels.
digia.com2005Helsinki, Finland––
Software development services including design, integration, and testing are provided.
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Detailed competitors of CCSL

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Web traffic of CCSL

The website of CCSL (ccsl.co.in) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▲ 2.6% vs previous month

Latest news on Ccsl

CCSL advises on €375M joint venture creation
Iberianlawyer β€’ 1 year ago
Sargon: Acquires Diversa
Fintechinshorts β€’ 7 years ago
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Similar companies to CCSL

10 companies that operate in the same segment as CCSL (Business Process Outsourcing (BPO)), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of outsourcing and business services
2007Bengaluru, Karnataka, India–USD 1.63 B441,150
Cloud-based text analytics and cognitive automation services are provided.
1975Mumbai, Maharashtra, IndiaUSD 3 MUSD 211.78 M4,960
Provider of customer care and back office support services for multiple sectors
2008San Antonio, Texas, United StatesUSD 15 MUSD 1.18 B59,000
Provider of end-to-end business process outsourcing services
1997New York, New York, United States–USD 5.08 B140,000
Electricity generation and distribution are provided in eastern India.
1879Kolkata, West Bengal, India–USD 1.98 B5,690
Provider of revenue cycle management, BPO, IT, and finance and accounting services
2011Chennai, Tamil Nadu, IndiaUSD 3.9 MUSD 284.62 M17,503
Provider of data analytics, cloud management, and business process outsourcing services
1986Pune, Maharashtra, India–USD 6.06 B119,340
Business process and technology management services are provided globally.
1986Pittsford, New York, United StatesUSD 60 M––
Provider of business processes, change management, analytics, and data-driven insights services
2000Mumbai, Maharashtra, India–USD 438.8 M16,630
Provider of IT consulting and BPO services
1990Mumbai, Maharashtra, India–USD 1.49 B32,310
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Frequently Asked Questions about CCSL

CCSL was founded in 1992.

CCSL is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Rakesh Sharma is the current CEO of CCSL.

CCSL has 21 employees.

The primary company behind CCSL, Canbank Computer Services Limited, reported revenue of β‚Ή70.12 Cr for FY 2025, up 20% year on year.

CCSL was established in 1992 in Bengaluru, India, where operations are based. Software development services are offered by the company within the information technology sector. Leadership is provided by CEO Rakesh Sharma. Customized solutions are developed for clients across various industries. The domain ccsl.co.in is utilized for online presence, with activities focused on domestic and potential international projects.

CCSL's top competitors include RedShelf, Unicorn and Hedgehog lab.

CCSL offers Software Development, IT Enabled Services, BPO Services, and R&T Services.

CCSL has 1 investor. Key investors include Diversa.

CCSL operates through Canbank Computer Services Limited.

Yes. CCSL was acquired by Diversa in March 2011.

The legal entities of CCSL currently have 8 directors, including Rajesh Ranganathan, Shanmugasundaram Sekar, Hardeep Singh Ahluwalia and others.

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