NovacTech

Chennai, India Founded: 2006 • Age: 20 yrs
Offers digital transformation, cloud solutions, and sector-specific services for enterprises.

About NovacTech

NovacTech is a Technology company based in Chennai (India) founded in 2006. It offers digital transformation, cloud solutions, and sector-specific services for enterprises. It operates on a B2B and SaaS model. The company has 3,497 employees. Its website novactech.com draws about 13 thousand monthly visits. NovacTech offers products and services including ZIVA, STATIM, and AXLE. Its focus areas include FinTech, Investment Tech, Financial Databases and Private Company Data.

Company details

Novac Technology Solutions is a company that delivers digital transformation and cloud services to help businesses optimize operations. They specialize in areas like FinTech, InsurTech, Digital Learning, and ImmersiveTech, using cutting-edge technology for customer-centric solutions. Based in Chennai, India, they address industry needs from strategy to implementation, serving clients across various sectors to drive growth through automated and modernized systems.

  • Headquarters Chennai, India
  • Employees 3,497
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website novactech.com
  • Social LinkedIn X Facebook
Key Metrics
  • Annual Revenue
    $35.15 M (USD)
    as on Mar 31, 2023
  • Employee Count
    3,497

Products & Services of NovacTech

NovacTech offers a comprehensive portfolio of products and services, including ZIVA, STATIM, and AXLE.

ZIVA
Platform

Platform for digital transformation and business solutions

STATIM
Platform

Tool for automated operations and cloud services

AXLE
Platform

Solution for sector-specific digital applications

Board of directors of NovacTech

The boards of the 2 registered companies of NovacTech currently have 8 directors; the longest-serving is Ramesh Gopal, appointed in 2005. 19 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramesh Gopal
DIN 00194267
Director28 Jan 200521 yrs 9 moShriram Value Services Limited
Mahesh Chandrasekhara Menon
DIN 01065720
Director04 May 20188 yrs 5 moNovac Technology Solutions Private Limited
Nanda Kishore Sesha Narayanam
DIN 01095499
Managing Director04 May 20188 yrs 5 moNovac Technology Solutions Private Limited
Vani Narayanan
DIN 00083202
Director21 Feb 20197 yrs 8 moShriram Value Services Limited, Novac Technology Solutions Private Limited
Parthasarathy Kuppusamy
DIN 08620501
Director03 Dec 20196 yrs 11 moShriram Value Services Limited
Muralitharan Sellappa
DIN 08720174
Whole-time director11 Mar 20206 yrs 7 moShriram Value Services Limited
Ajay Thomas John
DIN 09416103
Director29 Nov 20214 yrs 11 moNovac Technology Solutions Private Limited
Rangasami Seshadri
DIN 00197586
Director20 Jan 20251 yr 9 moShriram Value Services Limited, Novac Technology Solutions Private Limited

People of NovacTech

45 people are tracked at NovacTech (13 in leadership, 32 in team); the tracked headcount is 3,497.

NameRoleGroup
Suresh Selvakumar
Associate Director - Digital Transformation & LendingLeadership
K D Singh
Executive Director & Chief Business OfficerLeadership
Unni Krishnan
Chief Product OfficerLeadership
Mohan Janarthanan
Associate Vice PresidentLeadership
Dinesh Nair
Senior Vice PresidentLeadership
Rajendra Prasad Ravuri
Vice President - TechnologyLeadership
Nanda Kishore NS
Chief Executive OfficerLeadership
Kumar Vivek
General Manager Human ResourcesLeadership
Deepthi C.
HR Business PartnerLeadership
Prakash Ranganathan
Vice President & Chief Human Resource OfficerLeadership
Balaji T K
Deputy General ManagerLeadership
Ragavendra Krishnan
Associate Director - Performance MarketingLeadership
Balakrishnan Ravindran
Senior Vice PresidentLeadership
Sai Mohan Bopparaju
Senior SEO AnalystTeam
Aravindan A
Senior Software EngineerTeam
Karthikeyan Sukumaran
Senior Manager - Intellectual Property RightsTeam
Vishnu Ramaraju
Senior Business AnalystTeam
Hemendra Singh
Associate Technical ManagerTeam
Richard Selvaraj . R
Associate Project ManagerTeam
Gowtham Ag
Associate Project ManagerTeam

25 more people are available in the full profile.

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Financials of NovacTech

Figures of Shriram Value Services Limited, the primary company behind NovacTech, for FY 2025. Revenue was ₹952 Cr (+18% year on year). Net profit was ₹133 Cr (14% margin). EBITDA was ₹668 Cr (70% margin). Revenue has grown at a compounded annual rate of +23% over three years and +22% over five years.

  • ₹952 CrRevenue · FY 2025 · +18% YoY
  • ₹133 CrNet profit · 14% margin
  • ₹668 CrEBITDA · 70% margin
  • ₹33.56 CrPaid-up capital
  • 10Employees (provident fund records)
  • +23%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Shriram Value Services Limited are on its company page.

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Detailed financial statements for NovacTech

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Web traffic of NovacTech

The website of NovacTech (novactech.com) receives about 12.7K visits a month.

  • Monthly visits
    12.7K

    ▲ 65.1% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
acadecraft.com
79%
11.9K#2,112,222View details
continu.com
58%
36.3K#898,425View details

Top companies in Investment & Financial Technology

2 companies that operate in the same segment as NovacTech (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
App-based brokerage stock trading platform
1996Mumbai, Maharashtra, IndiaUSD 38.41 MUSD 548.9 M3,830
Smart investment portfolios are offered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 121.05 MUSD 635.51 K231
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Related news about Novactech

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Frequently Asked Questions about NovacTech

NovacTech was founded in 2006.

NovacTech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

NovacTech has 3,497 employees.

Annual revenue of NovacTech is $35.15M as on Mar 31, 2023.

Novac Technology Solutions is a company that delivers digital transformation and cloud services to help businesses optimize operations. They specialize in areas like FinTech, InsurTech, Digital Learning, and ImmersiveTech, using cutting-edge technology for customer-centric solutions. Based in Chennai, India, they address industry needs from strategy to implementation, serving clients across various sectors to drive growth through automated and modernized systems.

NovacTech offers ZIVA, STATIM, and AXLE.

NovacTech is associated with 2 legal entities: Shriram Value Services Limited, Novac Technology Solutions Private Limited.

The legal entities of NovacTech currently have 11 directors, including Muralitharan Sellappa, Balan Kumar, Parthasarathy Kuppusamy and others.

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