About Reliable Software
Reliable Software is a Technology company based in Mumbai (India) founded in 1989 by Kiran Sagarkar. It operates as a technical analysis software is developed for stock market investors. The company has 5 employees. Its Indian entity Reliable Software Systems Private Limited reported revenue of ₹7.14 Cr. Reliable Software offers products and services including FoxTrader, FoxNet, OptionSage, and Falcon7. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its competitors include Redline Trading, Great Wisdom, Greeksoft, Folionet and C8 Technologies and 1 more; 1 of its 6 listed competitors has raised funding.
Company details
Reliable Software was founded in 1989 by Kiran Sagarkar in Mumbai, India. Operations focus on the financial software sector, where technical analysis tools are created to assist stock market investors. Services include software solutions for market data evaluation and trading insights. The company is based in India and serves investors through its domain, reliable software.co.in, with management led by the founder as Managing Director.
- Headquarters Mumbai, India
- Employees 5
- Founders Kiran Sagarkar
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website reliablesoftware.co.in
- Legal Name Reliable Software Systems Private Limited
- Date of Incorporation 24 Aug, 1992
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.14 Cr
FY 2025 · +6% YoY
- Net Profit₹33.1 Lakh
FY 2025 · 5% margin
- EBITDA₹74.4 Lakh
FY 2025 · 10% margin
- Employee Count5
Associated legal entities of Reliable Software
Reliable Software operates through Reliable Software Systems 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 |
|---|---|---|---|---|---|---|---|
| Reliable Software Systems Private Limited CIN U72300MH1992PTC068252 | Active | 24 Aug 1992 | Mumbai, Maharashtra | ₹7.1 Cr | 5 | 2 | View details |
Products & Services of Reliable Software
Reliable Software offers a comprehensive portfolio of products and services, including FoxTrader, FoxNet, OptionSage, and Falcon7.
All-in-one tool for analysis, backtesting, and trade execution.
Platform for deep technical analysis and strategy simulation.
Tool for specialized options trading and risk assessment.
Software for ultra-fast charting and market insights.
Board of directors of Reliable Software Systems Private Limited (Reliable Software)
Reliable Software Systems Private Limited is the primary company behind Reliable Software. The board of Reliable Software Systems Private Limited currently have 2 directors; the longest-serving is Kiran Shankar Sagarkar, appointed in 1992. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Shankar Sagarkar DIN 00019805 | Managing Director | 24 Aug 1992 | 34 yrs 1 mo | Reliable Software Systems Private Limited |
| Kavita Kiran Sagarkar DIN 00019990 | Director | 24 Oct 1997 | 28 yrs 11 mo | Reliable Software Systems Private Limited |
People of Reliable Software
1 people are tracked at Reliable Software (1 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for Reliable Software
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Reliable Software
Figures of Reliable Software Systems Private Limited, the primary company behind Reliable Software, for FY 2025. Revenue was ₹7.14 Cr (+6% year on year). Net profit was ₹33.1 Lakh (5% margin). EBITDA was ₹74.4 Lakh (10% margin). Revenue has grown at a compounded annual rate of -5% over three years and -1% over five years.
- ₹7.14 CrRevenue · FY 2025 · +6% YoY
- ₹33.1 LakhNet profit · 5% margin
- ₹74.4 LakhEBITDA · 10% margin
- ₹2.46 CrPaid-up capital
- 5Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Reliable Software Systems Private Limited are on its company page.
Detailed financial statements for Reliable Software
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Reliable Software
Reliable Software has 6 listed competitors in our database, 1 of them funded. They include Redline Trading, Great Wisdom, Greeksoft, Folionet and C8 Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| redlinetrading.com | 2008 | Woburn, United States | $12.45M | – | Trading solutions for equities, options, and futures markets are developed. | |
| gw.com.cn | 2000 | Shanghai, China | – | – | Software solutions for stock trading and market analysis are provided. | |
| greeksoft.co.in | 1997 | Mumbai, India | – | – | Specializes in front-end trading solutions, algorithm development, and consulting services. | |
| folionet.com | 2014 | Miami, United States | – | – | Online platform for trading stocks, ETFs, and bonds with advisor support. | |
| c8-technologies.com | 2017 | London, United Kingdom | – | – | Trading solutions and platforms are provided for financial institutions. | |
| hyglobal.com.cn | 2010 | Wuhan, China | – | – | Provides an online platform for investment trading, enabling users to buy and sell assets. |
Detailed competitors of Reliable Software
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in Investment & Financial Technology
10 companies that operate in the same segment as Reliable Software (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Reliable Software
Reliable Software was founded in 1989.
Reliable Software is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Reliable Software has 5 employees.
The primary company behind Reliable Software, Reliable Software Systems Private Limited, reported revenue of ₹7.14 Cr for FY 2025, up 6% year on year.
Reliable Software was founded in 1989 by Kiran Sagarkar in Mumbai, India. Operations focus on the financial software sector, where technical analysis tools are created to assist stock market investors. Services include software solutions for market data evaluation and trading insights. The company is based in India and serves investors through its domain, reliable software.co.in, with management led by the founder as Managing Director.
Reliable Software's top competitors include Greeksoft, Redline Trading and Great Wisdom.
Reliable Software offers FoxTrader, FoxNet, OptionSage, and Falcon7.
Reliable Software operates through Reliable Software Systems Private Limited.
The legal entities of Reliable Software currently have 2 directors, including Kiran Shankar Sagarkar, Kavita Kiran Sagarkar.