NovacTech

Chennai, India Founded: 2006 • Age: 20 yrs
Offers digital transformation, cloud solutions, and sector-specific services for enterprises.
Annual revenue $35.1M Latest available
Total funding - Funding intelligence
Employees 3497 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About NovacTech

NovacTech is a company based in Chennai (India) founded in 2006. It operates as a B2B and SaaS. The company has 3,497 employees as of November 30, 2024. NovacTech offers products and services including ZIVA, STATIM, and AXLE. NovacTech operates in a competitive market with competitors including Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, among others.

  • Headquarter Chennai, India
  • Employees 3497 as on 30 Nov, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $35.15 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    3497

    as on Nov 30, 2024

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Products & Services of NovacTech

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

Primary

Platform for digital transformation and business solutions

Tool for automated operations and cloud services

Solution for sector-specific digital applications

People of NovacTech

Headcount 1000-5000
Employee Profiles 45
Employee Profiles
People
Suresh Selvakumar
Associate Director - Digital Transformation & Lending
People
Aravindan A
Senior Software Engineer
People
Karthikeyan Sukumaran
Senior Manager - Intellectual Property Rights
People
K D Singh
Executive Director & Chief Business Officer

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Funding Insights of NovacTech

Investments & Acquisitions by NovacTech

Investments

Financial Statements - NovacTech

Novactech Comparisons

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Competitors of NovacTech

NovacTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A platform for digital insurance distribution and management is provided.
domain founded_year HQ Location
Cloud-based solutions for insurance policy management and underwriting are offered.
domain founded_year HQ Location
AI-based software suite is provided for banking and insurance sectors.
domain founded_year HQ Location
Insurance policy and claim management solutions for the insurance industry
domain founded_year HQ Location
Cloud-based insurance software suites are developed for insurers and partners.
domain founded_year HQ Location
Cloud-based software solutions for credit insurers, surety bonds & trade finance

Latest news on Novactech

Frequently Asked Questions about NovacTech

NovacTech was founded in 2006.

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

As of Nov 30, 2024, the latest employee count at NovacTech is 3,497.

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's top competitors include FintechOS, Socotra and Tinubu.

NovacTech offers ZIVA, STATIM, and AXLE.

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