About CIG Solutions
CIG Solutions is a Financial Services company based in India. Payment processing software development and integration services in the financial sector. It operates in the Financial Services and Technology sectors. Its Indian entity Cig Solutions Private Limited reported revenue of ₹2.46 Cr. CIG Solutions offers products and services including Payment Processing Software and Payment Device Integration. Its focus areas include Payments, Software Development, Payment Processing and Software Integration.
Company details
Payment processing software development is offered by the company, which specializes in outsourced services for electronic payments and device integration. Support is provided to vendors, integration providers, and merchants through the design and testing of solutions, ensuring domain-focused outcomes. A venture conceived in Georgia and operated from India, the company maintains expertise in delivering faster turnaround and quality deliverables without diverting from its core payments focus. This approach is noted for enabling clients to concentrate on their primary businesses while electronic payment needs are addressed effectively.
- Headquarters India
- SectorsFinancial ServicesTechnology
- Email••••••••
- Legal Name Cig Solutions Private Limited
- Date of Incorporation 22 Mar, 2006
- Jurisdiction Secunderabad, Telangana, India
- Annual Revenue₹2.46 Cr
FY 2025 · +4% YoY
- Net Profit₹66.6 Lakh
FY 2025 · 27% margin
- EBITDA₹94.1 Lakh
FY 2025 · 38% margin
Associated legal entities of CIG Solutions
CIG Solutions operates through Cig Solutions 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 |
|---|---|---|---|---|---|---|---|
| Cig Solutions Private Limited CIN U72200TG2006PTC049569 | Active | 22 Mar 2006 | Secunderabad, Telangana | ₹2.5 Cr | 2 | View details |
Products & Services of CIG Solutions
CIG Solutions offers a comprehensive portfolio of products and services, including Payment Processing Software and Payment Device Integration.
Development of payment processing software is undertaken by the company to support electronic payment needs.
Integration of payment devices into applications is provided by the company for seamless operations.
Board of directors of Cig Solutions Private Limited (CIG Solutions)
Cig Solutions Private Limited is the primary company behind CIG Solutions. The board of Cig Solutions Private Limited currently have 2 directors; the longest-serving is Keya Siddharth Karwankar, appointed in 2006.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Keya Siddharth Karwankar DIN 01553678 | Director | 22 Mar 2006 | 20 yrs 7 mo | Cig Solutions Private Limited |
| Siddharth Kishore Karwankar DIN 01553674 | Managing Director | 22 Mar 2006 | 20 yrs 7 mo | Cig Solutions Private Limited |
Financials of CIG Solutions
Figures of Cig Solutions Private Limited, the primary company behind CIG Solutions, for FY 2025. Revenue was ₹2.46 Cr (+4% year on year). Net profit was ₹66.6 Lakh (27% margin). EBITDA was ₹94.1 Lakh (38% margin). Revenue has grown at a compounded annual rate of +18% over three years and +4% over five years.
- ₹2.46 CrRevenue · FY 2025 · +4% YoY
- ₹66.6 LakhNet profit · 27% margin
- ₹94.1 LakhEBITDA · 38% margin
- ₹10 LakhPaid-up capital
- +18%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cig Solutions Private Limited are on its company page.
Detailed financial statements for CIG Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as CIG Solutions (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Frequently Asked Questions about CIG Solutions
CIG Solutions is headquartered in India.
The primary company behind CIG Solutions, Cig Solutions Private Limited, reported revenue of ₹2.46 Cr for FY 2025, up 4% year on year.
Payment processing software development is offered by the company, which specializes in outsourced services for electronic payments and device integration. Support is provided to vendors, integration providers, and merchants through the design and testing of solutions, ensuring domain-focused outcomes. A venture conceived in Georgia and operated from India, the company maintains expertise in delivering faster turnaround and quality deliverables without diverting from its core payments focus. This approach is noted for enabling clients to concentrate on their primary businesses while electronic payment needs are addressed effectively.
CIG Solutions offers Payment Processing Software and Payment Device Integration.
CIG Solutions operates through Cig Solutions Private Limited.
The legal entities of CIG Solutions currently have 2 directors, including Keya Siddharth Karwankar, Siddharth Kishore Karwankar.