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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $35.15 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • 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.

Product name locked
Category locked
Primary

Platform for digital transformation and business solutions

Product name locked
Category locked
Locked

Tool for automated operations and cloud services

Product name locked
Category locked
Locked

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

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Detailed funding history for NovacTech

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Investments & Acquisitions by NovacTech

Investments
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Investment portfolio details for NovacTech

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Financial Statements - NovacTech

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Detailed financials for NovacTech

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Novactech Comparisons

NovacTech Primary company
Description
Offers digital transformation, cloud solutions, and sector-s...
Location
Chennai, India
Founded Year
2006
Annual Revenue
$35.15 M (USD)
Net Profit
Not available
EBITDA
Not available
Employees
3,497
As of 2024
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Peer comparison for NovacTech

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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
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A platform for digital insurance distribution and management is provided.
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Cloud-based solutions for insurance policy management and underwriting are offered.
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AI-based software suite is provided for banking and insurance sectors.
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Insurance policy and claim management solutions for the insurance industry
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Cloud-based insurance software suites are developed for insurers and partners.
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Cloud-based software solutions for credit insurers, surety bonds & trade finance
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Detailed competitors of NovacTech

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Latest news on Novactech

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Complete news archive for 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.

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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