About Craft Silicon
Craft Silicon is a Financial Services company based in Nairobi (Kenya) founded in 2000. Micro-finance and core banking software are provided for emerging markets. Its Indian entity Craft Silicon Private Limited reported revenue of ₹82.00 Cr. Craft Silicon offers products and services including Bankers Realm Core Banking Solution, Nimble Business Loan Origination System, Co-Lending Management System, Spotit – Get Now Pay Later, and BR Analytics. Its focus areas include FinTech, Banking Tech and Core Banking Platforms.
Company details
Craft Silicon was founded in 2000 and is headquartered in Nairobi, Kenya. Software solutions for the banking, financial services, and insurance sector in emerging markets are developed and supplied. Core offerings include banking software, microfinance tools, mobile applications, switch services, and electronic payment systems. The Banker Realm Electronic Fund Transfer switch enables integration between core banking systems and alternative channels, while ATM switch services support operations across multiple platforms.
- Headquarters Nairobi, Kenya
- SectorsFinancial Services
- Website craftsilicon.com
- Social LinkedIn X Facebook YouTube
- Legal Name Craft Silicon Private Limited
- Date of Incorporation 20 Apr, 2005
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹82.00 Cr
FY 2023 · +23% YoY
- Indian entity net profit₹29.00 Cr
FY 2023 · 35% margin
- Indian entity EBITDA₹36.27 Cr
FY 2023 · 44% margin
- Investors
Associated legal entities of Craft Silicon
Craft Silicon operates through Craft Silicon Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Craft Silicon Private Limited CIN U72200KA2005PTC036110 | Active | 20 Apr 2005 | Bangalore, Karnataka | ₹82.0 Cr | 4 | View details |
Products & Services of Craft Silicon
Craft Silicon offers a comprehensive portfolio of products and services, including Bankers Realm Core Banking Solution, Nimble Business Loan Origination System, Co-Lending Management System, Spotit – Get Now Pay Later, and BR Analytics.
Drives banking processes and client interactions securely.
Manages loan proposals for corporate and SME segments efficiently.
Facilitates collaborative lending between financial institutions.
Enables deferred payment options for borrowers.
Provides predictive insights for financial decision-making.
Apps and channels of Craft Silicon
Craft Silicon publishes 6 mobile apps with over 527K+ downloads; its YouTube channel Craft Silicon has 441 subscribers and 30 videos.
Videos from Craft Silicon
The most watched videos on Craft Silicon's YouTube channel, Craft Silicon (441 subscribers). Click a video to play it here.
More on Craft Silicon.
Funding Insights of Craft Silicon
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Craft Silicon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2009 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Craft Silicon
Craft Silicon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Norfund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
It invests in developing countries to create jobs and improve lives | 1998 | norfund.no | Oslo, Norway |
Investor details for Craft Silicon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Craft Silicon Private Limited (Craft Silicon)
Craft Silicon Private Limited is the primary company behind Craft Silicon. The board of Craft Silicon Private Limited currently have 4 directors; the longest-serving is Kamal Pankajbhai Budhabhatti, appointed in 2005. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamal Pankajbhai Budhabhatti DIN 02837056 | Director | 20 Apr 2005 | 21 yrs 6 mo | Craft Silicon Private Limited |
| Jeetaben Budhabhatti Pankajbhai DIN 00885507 | Director | 12 May 2005 | 21 yrs 5 mo | Craft Silicon Private Limited |
| Sivakumar Viswanathan DIN 07164075 | Managing Director | 23 Mar 2020 | 6 yrs 7 mo | Craft Silicon Private Limited |
| Parminder Kamal Budhabhatti DIN 10664924 | Director | 04 Jun 2024 | 2 yrs 4 mo | Craft Silicon Private Limited |
People of Craft Silicon
9 people are tracked at Craft Silicon (6 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
| Group CEO | Leadership | |
Siva Kumar | CEO, Asia | Leadership |
Sujit Saini | CFO | Leadership |
Fredrick Okwaro | Deputy CEO | Leadership |
Shabbir Hakkim | Executive Director | Leadership |
Priya Budhabhatti | Director | Leadership |
Jalpa Barot | Lead Technical Architect | Team |
Peter Mawira | Senior Software Engineer | Team |
Lahasya Gowda | Software Test Engineer QA | Team |
Complete people profiles for Craft Silicon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Craft Silicon
Figures of Craft Silicon Private Limited, the primary company behind Craft Silicon, for FY 2023. Revenue was ₹82.00 Cr (+23% year on year). Net profit was ₹29.00 Cr (35% margin). EBITDA was ₹36.27 Cr (44% margin). Revenue has grown at a compounded annual rate of +14% over three years and +16% over five years.
- ₹82.00 CrRevenue · FY 2023 · +23% YoY
- ₹29.00 CrNet profit · 35% margin
- ₹36.27 CrEBITDA · 44% margin
- ₹8.5 LakhPaid-up capital
- +14%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Craft Silicon Private Limited are on its company page.
Detailed financial statements for Craft Silicon
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
Verified entity values are shown only after access is granted.
Timeline of Craft Silicon
2 dated milestones of Craft Silicon across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Craft Silicon is founded.
- Funding First funding round.
Web traffic of Craft Silicon
The website of Craft Silicon (craftsilicon.com) receives about 8K visits a month.
- Monthly visits8K
▲ 63.7% vs previous month
Websites whose visitors overlap most with Craft Silicon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| inetco.com | 100% | 5.4K | #4,018,494 | View details | |
| itunes.apple.com | 98% | 25.4M | View details | ||
| cr2.com | 71% | 3.5K | #5,018,398 | View details | |
| google.com | 69% | 85.8B | #1 | View details | |
| thinkways.com | 65% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Craft Silicon
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Craft Silicon
Complete news archive for Craft Silicon
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Frequently Asked Questions about Craft Silicon
Craft Silicon was founded in 2000 and raised its 1st funding round 9 years after it was founded.
Craft Silicon is headquartered in Nairobi, Kenya.
The primary company behind Craft Silicon, Craft Silicon Private Limited, reported revenue of ₹82.00 Cr for FY 2023, up 23% year on year.
Craft Silicon was founded in 2000 and is headquartered in Nairobi, Kenya. Software solutions for the banking, financial services, and insurance sector in emerging markets are developed and supplied. Core offerings include banking software, microfinance tools, mobile applications, switch services, and electronic payment systems. The Banker Realm Electronic Fund Transfer switch enables integration between core banking systems and alternative channels, while ATM switch services support operations across multiple platforms.
Craft Silicon offers Bankers Realm Core Banking Solution, Nimble Business Loan Origination System, Co-Lending Management System, Spotit – Get Now Pay Later, and BR Analytics.
Craft Silicon has 1 investor. Key investors include Norfund.
Craft Silicon operates through Craft Silicon Private Limited.
The legal entities of Craft Silicon currently have 4 directors, including Jeetaben Budhabhatti Pankajbhai, Kamal Pankajbhai Budhabhatti, Parminder Kamal Budhabhatti and others.
Yes. Craft Silicon publishes CenteMobile and 5 more apps, with over 527,000 downloads.