Comtek Bizsoft

Mumbai, India Founded: 1986 • Age: 40 yrs
Provides back office solutions for the financial industry.

About Comtek Bizsoft

Comtek Bizsoft is a company based in Mumbai (India) founded in 1986 by Nilesh Sangani. It operates as a B2B. Comtek Bizsoft operates in a competitive market with competitors including Perfios, Quantexa, Signicat, GAIN Capital and ComplyAdvantage, among others.

  • Headquarter Mumbai, India
  • Founders Nilesh Sangani
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website comtekbizsoft.com
  • Social Facebook
  • Legal Name Comtek Bizsoft Private Limited
  • Date of Incorporation 07 May, 2003
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹1.20 Cr

    FY 2025 · -84% YoY

  • Net Loss
    -₹1.7 Lakh

    FY 2025 · -1% margin

  • EBITDA
    ₹14.1 Lakh

    FY 2025 · 12% margin

Board of directors of Comtek Bizsoft Private Limited (Comtek Bizsoft)

Comtek Bizsoft Private Limited is the primary company behind Comtek Bizsoft. The board of Comtek Bizsoft Private Limited currently have 3 directors; the longest-serving is Nilesh Chandulal Sangani, appointed in 2003. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Nilesh Chandulal Sangani
DIN 00897055
Managing Director07 May 200323 yrs 5 moComtek Bizsoft Private Limited
Bharat Chandulal Sangani
DIN 00897119
Director07 May 200323 yrs 5 moComtek Bizsoft Private Limited
Beena Bharat Sangani
DIN 10366149
Director23 Oct 20232 yrs 11 moComtek Bizsoft Private Limited

People of Comtek Bizsoft

2 people are tracked at Comtek Bizsoft (2 in leadership).

NameRoleGroup
Co-Founder, DirectorLeadership
OwnerLeadership
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Financials of Comtek Bizsoft

Figures of Comtek Bizsoft Private Limited, the primary company behind Comtek Bizsoft, for FY 2025. Revenue was ₹1.20 Cr (-84% year on year). Net loss was -₹1.7 Lakh (-1% margin). EBITDA was ₹14.1 Lakh (12% margin). Revenue has grown at a compounded annual rate of -40% over three years and -22% over five years.

  • ₹1.20 CrRevenue · FY 2025 · -84% YoY
  • -₹1.7 LakhNet loss · -1% margin
  • ₹14.1 LakhEBITDA · 12% margin
  • ₹2 LakhPaid-up capital
  • -40%Revenue CAGR, 3 years
  • -22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Comtek Bizsoft Private Limited are on its company page.

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Detailed financial statements for Comtek Bizsoft

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Competitors of Comtek Bizsoft

Comtek Bizsoft 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 Perfios, Quantexa, Signicat, GAIN Capital and ComplyAdvantage, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
perfios.com2008Bengaluru, India$258.77M–
Provides financial technology solutions for data analysis and verification globally.
quantexa.com2016London, United Kingdom$546.08M552
AI-powered data and decision intelligence solutions are provided for businesses.
signicat.com2006Trondheim, Norway$2.09M150
Software solutions for identity management are provided via APIs.
gaincapital.com1999Bedminster, United States$175.5M252
White-label front-end trading solutions for capital markets are provided.
complyadvantage.com2014London, United Kingdom$167.21M443
Cloud-based anti-money laundering solutions are provided for compliance.
idnow.io2010Munich, Germany$40M29
Automated and expert-led identity verification services are provided.
riskified.com2013New York, United States$232.02M781
AI-based fraud prevention for e-commerce payments is provided.
onfido.com2012London, United Kingdom$242.38M516
Identity verification solutions are provided, including document and biometric authentication.
alloy.com2015New York, United States$223.37M216
Identity decisioning platform is provided for banks and fintech firms.
idfy.com2011Mumbai, India$56.03M587
Identity verification, background screening, and fraud prevention solutions are provided.
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Detailed competitors of Comtek Bizsoft

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Similar companies to Comtek Bizsoft

10 companies that operate in the same segment as Comtek Bizsoft (Finance & Accounting Applications), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Subscription-based online banking is offered to SMEs and freelancers.
2017Paris, FranceUSD 717.15 M––
Cloud-based ERP software is provided for business management across segments.
1996Oslo, Oslo, NorwayUSD 198.09 M––
Payflow is recognized as a financial wellness application for employees.
2020Alcobendas, Comunidad De Madrid, SpainUSD 58.23 M––
Cloud-based HR and payroll solutions are offered for small businesses.
2012San Francisco, California, United StatesUSD 718.35 M––
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Frequently Asked Questions about Comtek Bizsoft

Comtek Bizsoft was founded in 1986.

Comtek Bizsoft is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Comtek Bizsoft, Comtek Bizsoft Private Limited, reported revenue of β‚Ή1.20 Cr for FY 2025, down 84% year on year.

Comtek Bizsoft provides back office solutions for the financial industry, focusing on leveraging cutting-edge technology, software, back office solutions, and offering financial products and advice. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Comtek Bizsoft's top competitors include ComplyAdvantage, IDnow and Perfios.

Comtek Bizsoft operates through Comtek Bizsoft Private Limited.

The legal entities of Comtek Bizsoft currently have 3 directors, including Beena Bharat Sangani, Nilesh Chandulal Sangani, Bharat Chandulal Sangani.

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