Nelito

Mumbai, India Founded: 1995 • Age: 31 yrs Acquired By DTS
IT solutions for banking segments are provided by Nelito.

About Nelito

Nelito is a Financial Services company based in Mumbai (India) founded in 1995, and was acquired by DTS in June 2019. IT solutions for banking segments are provided by Nelito. The company has 590 employees. Its website nelito.com draws about 22 thousand monthly visits. Its Indian entity Nelito Systems Private Limited reported revenue of ₹74.78 Cr. Its focus areas include FinTech, Banking Tech and Core Banking Platforms.

Company details

Founded in 1995 in Mumbai, India, Nelito operates as a TATA Group company focused on IT services for the banking sector. The flagship product FinCraft supports core banking, e-KYC, anti-money laundering, MIS automation, cheque truncation, data archival and retrieval, microfinance, reconciliations, touch screen kiosks, customer relationship management, procurement management, and asset tracking across various segments.

  • Headquarters Mumbai, India
  • Employees 590
  • Stage Acquired
  • Sectors
    Financial Services
  • Phone
    •••• ••••
  • Website nelito.com
  • Social LinkedIn X Facebook
  • Acquired by DTS (Jun 2019)
  • Legal Name Nelito Systems Private Limited
  • Date of Incorporation 26 May, 1995
  • Jurisdiction Thane, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹74.78 Cr

    FY 2026 · +2% YoY

  • Net Profit
    ₹7.98 Cr

    FY 2026 · 11% margin

  • EBITDA
    ₹13.71 Cr

    FY 2026 · 18% margin

  • Investors
  • Employee Count
    590
  • Acquired by
    DTS

    (Jun 2019)

Investors in Nelito

Nelito has secured backing from 1 investor. Prominent investors backing the company include DTS.

All
InvestorDescriptionFounded YearDomainLocation
BPO, financial, and IT consulting services are provided worldwide.
1972dts.co.jpChuo City, Japan
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Board of directors of Nelito Systems Private Limited (Nelito)

Nelito Systems Private Limited is the primary company behind Nelito. The board of Nelito Systems Private Limited currently have 5 directors; the longest-serving is Masanori Tamura, appointed in 2022. 26 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Masanori Tamura
DIN 09703639
Director12 Aug 20224 yrs 2 moNelito Systems Private Limited
Manish Rathi
DIN 10643173
Director25 May 20242 yrs 5 moNelito Systems Private Limited
Nobuhisa Abe
DIN 10866778
Director10 Dec 20241 yr 10 moNelito Systems Private Limited
Naoki Minase
DIN 10901477
Director09 Jan 20251 yr 9 moNelito Systems Private Limited
Hiroko Onoda
DIN 10912050
Director20 Jan 20251 yr 9 moNelito Systems Private Limited

People of Nelito

14 people are tracked at Nelito (6 in leadership, 8 in team); the tracked headcount is 590.

NameRoleGroup
Bhushan Samant
Chief Financial OfficerLeadership
Sanjay Sharma
VP & Acting CTOLeadership
Manoj Hassija
IT HeadLeadership
Umashankar Kanchi
Head of SWIFT BusinessLeadership
CEO And DirectorLeadership
Viraf Sirvala
Head of SalesLeadership
Royce Remedios
Senior Software Engineer (finacle Customization)Team
Deepak Rajbhar
Senior Software EngineerTeam
Diwakar Singh
Senior Software DeveloperTeam
Tushar Kadam
Network EngineerTeam
Prajkta Patil.
Sr Software DeveloperTeam
Sumit Bhondve
Tech LeadTeam
Dhara Patel
Senior Executive Human ResourcesTeam
Bhanvi S
Executive Human ResourcesTeam
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Complete people profiles for Nelito

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Financials of Nelito

Figures of Nelito Systems Private Limited, the primary company behind Nelito, for FY 2026. Revenue was ₹74.78 Cr (+2% year on year). Net profit was ₹7.98 Cr (11% margin). EBITDA was ₹13.71 Cr (18% margin). Revenue has grown at a compounded annual rate of 0% over three years and -5% over five years.

  • ₹74.78 CrRevenue · FY 2026 · +2% YoY
  • ₹7.98 CrNet profit · 11% margin
  • ₹13.71 CrEBITDA · 18% margin
  • ₹2.06 CrPaid-up capital
  • 590Employees (provident fund records)
  • 0%Revenue CAGR, 3 years
  • -5%Revenue CAGR, 5 years

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

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Detailed financial statements for Nelito

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Timeline of Nelito

2 dated milestones of Nelito across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nelito is founded.
  2. Exit Acquired by DTS.

Web traffic of Nelito

The website of Nelito (nelito.com) receives about 22.4K visits a month.

  • Monthly visits
    22.4K

    ▲ 24.5% vs previous month

Similar websites

Websites whose visitors overlap most with Nelito. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
asirvadmicrofinance.co.in
100%
4.3K#3,332,447View details
mfinindia.org
88%
#1,830,524View details
finacle.com
84%
34.4K#883,485View details
flexpay.in
84%
7.7K#3,004,004View details
asianbankingandfinance.net
asianbankingandfinance.net
84%
#637,467–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Related news about Nelito

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Frequently Asked Questions about Nelito

Nelito was founded in 1995.

Nelito is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Nelito has 590 employees.

The primary company behind Nelito, Nelito Systems Private Limited, reported revenue of ₹74.78 Cr for FY 2026, up 2% year on year.

Founded in 1995 in Mumbai, India, Nelito operates as a TATA Group company focused on IT services for the banking sector. The flagship product FinCraft supports core banking, e-KYC, anti-money laundering, MIS automation, cheque truncation, data archival and retrieval, microfinance, reconciliations, touch screen kiosks, customer relationship management, procurement management, and asset tracking across various segments.

Nelito has 1 investor. Key investors include DTS.

Nelito operates through Nelito Systems Private Limited.

Yes. Nelito was acquired by DTS in June 2019.

The legal entities of Nelito currently have 5 directors, including Masanori Tamura, Nobuhisa Abe, Naoki Minase and others.

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