
About Novac Technology Solutions
Novac Technology Solutions is an Education company based in Chennai (India) founded in 2018. Digital transformation and cloud solutions are provided in sectors like FinTech, InsurTech, and Digital Learning. It operates in the Education and Financial Services sectors. The company has 3,735 employees. Its website novactech.in draws about 35 thousand monthly visits. Its Indian entity Novac Technology Solutions Private Limited reported revenue of βΉ321 Cr. Novac Technology Solutions offers products and services including FinTech Solutions and Digital Learning Solutions. Its focus areas include Education and Technology, Digital Learning, Immersive Learning Solutions and Interactive Education.
Company details
Novac Technology Solutions is established as a provider of digital transformation and cloud solutions, focusing on assisting businesses through technology to manage operations effectively. Services are designed to cover strategy, design, and operational needs across industries such as BFSI, FinTech, InsurTech, Digital Learning, and ImmersiveTech. Emphasis is placed on utilizing design, engineering, and cloud technology to create products that promote automated operations and digital growth. The company maintains offices in India, ensuring accessibility for clients seeking technological advancements.
- Headquarters Chennai, India
- Employees 3,735
- SectorsEducationFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
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- Legal Name Novac Technology Solutions Private Limited
- Date of Incorporation 04 May, 2018
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹321 Cr
FY 2025 · +5% YoY
- Net Profit₹10.56 Cr
FY 2025 · 3% margin
- EBITDA₹57.26 Cr
FY 2025 · 18% margin
- Employee Count3,735
Associated legal entities of Novac Technology Solutions
Novac Technology Solutions operates through Novac Technology 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 |
|---|---|---|---|---|---|---|---|
| Novac Technology Solutions Private Limited CIN U72100TN2018PTC122516 | Active | 04 May 2018 | Chennai, Tamil Nadu | ₹321 Cr | 3,735 | 8 | View details |
Products & Services of Novac Technology Solutions
Novac Technology Solutions offers a comprehensive portfolio of products and services, including FinTech Solutions and Digital Learning Solutions.
FinTech solutions are developed to address needs in financial services and enable transformative business operations.
Digital learning solutions are created using cutting-edge technology to support interactive and immersive educational experiences.
Board of directors of Novac Technology Solutions Private Limited (Novac Technology Solutions)
Novac Technology Solutions Private Limited is the primary company behind Novac Technology Solutions. The board of Novac Technology Solutions Private Limited currently have 5 directors; the longest-serving is Mahesh Chandrasekhara Menon, appointed in 2018. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Chandrasekhara Menon DIN 01065720 | Director | 04 May 2018 | 8 yrs 5 mo | Novac Technology Solutions Private Limited |
| Nanda Kishore Sesha Narayanam DIN 01095499 | Managing Director | 04 May 2018 | 8 yrs 5 mo | Novac Technology Solutions Private Limited |
| Vani Narayanan DIN 00083202 | Director | 02 Apr 2019 | 7 yrs 6 mo | Novac Technology Solutions Private Limited |
| Ajay Thomas John DIN 09416103 | Director | 29 Nov 2021 | 4 yrs 11 mo | Novac Technology Solutions Private Limited |
| Rangasami Seshadri DIN 00197586 | Director | 20 Jan 2025 | 1 yr 9 mo | Novac Technology Solutions Private Limited |
Financials of Novac Technology Solutions
Figures of Novac Technology Solutions Private Limited, the primary company behind Novac Technology Solutions, for FY 2025. Revenue was ₹321 Cr (+5% year on year). Net profit was ₹10.56 Cr (3% margin). EBITDA was ₹57.26 Cr (18% margin). Revenue has grown at a compounded annual rate of +18% over three years and +16% over five years.
- ₹321 CrRevenue · FY 2025 · +5% YoY
- ₹10.56 CrNet profit · 3% margin
- ₹57.26 CrEBITDA · 18% margin
- ₹30.32 CrPaid-up capital
- 3,735Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Novac Technology Solutions Private Limited are on its company page.
Detailed financial statements for Novac Technology Solutions
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Web traffic of Novac Technology Solutions
The website of Novac Technology Solutions (novactech.in) receives about 35.4K visits a month.
- Monthly visits35.4K
▲ 72.4% vs previous month
Top companies in Gamified & Interactive Learning
3 companies that operate in the same segment as Novac Technology Solutions (Gamified & Interactive Learning) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform for poker games, tournaments, and strategies in India. | 2014 | Kolkata, West Bengal, India | USD 43.41 M | 159 | ||
Space research and exploration organization in India. | 1969 | Bengaluru, Karnataka, India | USD 353.54 M | |||
Develops EdTech, conferencing, and security solutions for educational institutions and businesses. | 2001 | Noida, Uttar Pradesh, India | USD 61.21 M | 290 |
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Related news about Novac Technology Solutions
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Frequently Asked Questions about Novac Technology Solutions
Novac Technology Solutions was founded in 2018.
Novac Technology Solutions is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Novac Technology Solutions has 3,735 employees.
The primary company behind Novac Technology Solutions, Novac Technology Solutions Private Limited, reported revenue of βΉ321 Cr for FY 2025, up 5% year on year.
Novac Technology Solutions is established as a provider of digital transformation and cloud solutions, focusing on assisting businesses through technology to manage operations effectively. Services are designed to cover strategy, design, and operational needs across industries such as BFSI, FinTech, InsurTech, Digital Learning, and ImmersiveTech. Emphasis is placed on utilizing design, engineering, and cloud technology to create products that promote automated operations and digital growth. The company maintains offices in India, ensuring accessibility for clients seeking technological advancements.
Novac Technology Solutions offers FinTech Solutions and Digital Learning Solutions.
Novac Technology Solutions operates through Novac Technology Solutions Private Limited.
The legal entities of Novac Technology Solutions currently have 7 directors, including Nanda Kishore Sesha Narayanam, Ajay Thomas John, Rangasami Seshadri and others.
