About Naive Plus Software Solutions
Naive Plus Software Solutions is a Financial Services company founded in 1990. Banking software solutions and services for co-operative institutions in India. The company has 4 employees. Its Indian entity Naive Plus Software Solutions Private Limited reported revenue of ₹5.61 Cr. Naive Plus Software Solutions offers products and services including Co-Bank+ and Mobile Banking App. Its focus areas include Finance, Banking, Co-operative Banking and Software Solutions.
Company details
Naive Plus Software Solutions has been providing IT solutions exclusively to banking institutions in India for over 25 years. It specializes in co-operative banking software, offering products like Co-Bank and mobile banking apps. Services include data migration and cloud hosting, ensuring quality and client satisfaction for more than 600 banks. The company is ISO 9001:2015 certified and focuses on customizable, effective solutions tailored to client requirements.
- Employees 4
- SectorsFinancial Services
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- Legal Name Naive Plus Software Solutions Pvt Ltd
- Date of Incorporation 19 Mar, 2007
- Jurisdiction Alappuzha, Kerala, India
- Indian entity revenue₹5.61 Cr
FY 2025 · +32% YoY
- Indian entity net profit₹29.2 Lakh
FY 2025 · 5% margin
- Indian entity EBITDA₹52.1 Lakh
FY 2025 · 9% margin
- Employee Count4
Associated legal entities of Naive Plus Software Solutions
Naive Plus Software Solutions operates through Naive Plus Software 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 |
|---|---|---|---|---|---|---|---|
| Naive Plus Software Solutions Private Limited CIN U72200KL2007PTC020511 | Active | 19 Mar 2007 | Alappuzha, Kerala | ₹5.6 Cr | 4 | 5 | View details |
Products & Services of Naive Plus Software Solutions
Naive Plus Software Solutions offers a comprehensive portfolio of products and services, including Co-Bank+ and Mobile Banking App.
A comprehensive core banking software suite is provided for co-operative banks, including modules for mobile banking and ATM interfaces.
A customizable mobile banking platform is offered to support customer banking needs on various devices.
Board of directors of Naive Plus Software Solutions Private Limited (Naive Plus Software Solutions)
Naive Plus Software Solutions Private Limited is the primary company behind Naive Plus Software Solutions. The board of Naive Plus Software Solutions Private Limited currently have 5 directors; the longest-serving is Shibumon Joseph, appointed in 2007. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shibumon Joseph DIN 00480569 | Director | 19 Mar 2007 | 19 yrs 7 mo | Naive Plus Software Solutions Private Limited |
| Sreelekha Narayanan DIN 00480485 | Director | 19 Mar 2007 | 19 yrs 7 mo | Naive Plus Software Solutions Private Limited |
| Prasad Balakrishna Pillai DIN 00480553 | Managing Director | 19 Mar 2007 | 19 yrs 7 mo | Naive Plus Software Solutions Private Limited |
| Venattu Krishna Pillai Aravind Krishnan DIN 08461365 | Director | 29 Mar 2021 | 5 yrs 6 mo | Naive Plus Software Solutions Private Limited |
| Kesavapillai Lekha DIN 11313826 | Director | 27 Sep 2025 | 1 yr | Naive Plus Software Solutions Private Limited |
Financials of Naive Plus Software Solutions
Figures of Naive Plus Software Solutions Private Limited, the primary company behind Naive Plus Software Solutions, for FY 2025. Revenue was ₹5.61 Cr (+32% year on year). Net profit was ₹29.2 Lakh (5% margin). EBITDA was ₹52.1 Lakh (9% margin). Revenue has grown at a compounded annual rate of +15% over three years and +16% over five years.
- ₹5.61 CrRevenue · FY 2025 · +32% YoY
- ₹29.2 LakhNet profit · 5% margin
- ₹52.1 LakhEBITDA · 9% margin
- ₹10 LakhPaid-up capital
- 4Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Naive Plus Software Solutions Private Limited are on its company page.
Detailed financial statements for Naive Plus Software Solutions
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Frequently Asked Questions about Naive Plus Software Solutions
Naive Plus Software Solutions was founded in 1990.
Naive Plus Software Solutions has 4 employees.
The primary company behind Naive Plus Software Solutions, Naive Plus Software Solutions Private Limited, reported revenue of ₹5.61 Cr for FY 2025, up 32% year on year.
Naive Plus Software Solutions has been providing IT solutions exclusively to banking institutions in India for over 25 years. It specializes in co-operative banking software, offering products like Co-Bank and mobile banking apps. Services include data migration and cloud hosting, ensuring quality and client satisfaction for more than 600 banks. The company is ISO 9001:2015 certified and focuses on customizable, effective solutions tailored to client requirements.
Naive Plus Software Solutions offers Co-Bank+ and Mobile Banking App.
Naive Plus Software Solutions operates through Naive Plus Software Solutions Private Limited.
The legal entities of Naive Plus Software Solutions currently have 5 directors, including Venattu Krishna Pillai Aravind Krishnan, Shibumon Joseph, Sreelekha Narayanan and others.