Smart Software Testing Solutions

Bengaluru, India Founded: 2015 • Age: 11 yrs
Provider of AI-powered ERP test automation and lifecycle optimization

About Smart Software Testing Solutions

Smart Software Testing Solutions is a Technology company based in Bengaluru (India) founded in 2015. Smart Software Testing Solutions has raised $2.75 million across 3 funding rounds from investors including UST, YourNest and Rajesh Sanghi. The company has 190 employees. Its Indian entity Smart Software Testing Solutions India Private Limited reported revenue of β‚Ή31.96 Cr. Smart Software Testing Solutions offers products and services including ERP Lifecycle Optimization Platform, AI Test Automation, and Test Management: QLM. Its focus areas include Enterprise Infrastructure, Software Testing Tools, Automated Testing Tools and AI based.

Company details

Provider of AI-powered ERP test automation and lifecycle optimization. It offers a platform automating configurations, discovering tests through process log mining, and providing a pre-built test library. The platform features a no-code test builder, AI-enabled self-healing scripts, and impact analysis to alert users of potential test failures. Advanced reporting and dashboards are included, along with seamless CICD DevOps integrations. The platform also incorporates AI agents for configuration mapping, test automation, training, and support. This comprehensive solution streamlines ERP testing and lifecycle management.

Key Metrics
  • Annual Revenue
    ₹31.96 Cr

    FY 2024 · +21% YoY

  • Net Profit
    ₹1.85 Cr

    FY 2024 · 6% margin

  • EBITDA
    ₹3.57 Cr

    FY 2024 · 11% margin

  • Total Equity Funding
    $2.75M (USD)

    in 3 rounds

  • Latest Funding Round
    $1M (USD), Series A

    Jul 2020

  • Investors
    UST

    & 2 more

  • Employee Count
    190

Products & Services of Smart Software Testing Solutions

Smart Software Testing Solutions offers a comprehensive portfolio of products and services, including ERP Lifecycle Optimization Platform, AI Test Automation, and Test Management: QLM.

ERP Lifecycle Optimization Platform
Test Automation

Automates ERP configuration and testing to reduce implementation time.

AI Test Automation
AI Services

Offers intelligent scripts for efficient application regression testing.

Test Management: QLM
Test Management

Platform for organizing and executing enterprise testing workflows.

Funding Insights of Smart Software Testing Solutions

Smart Software Testing Solutions has successfully raised a total of $2.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $2.75M
  • Total Rounds 3
  • Last Round Series A β€” $1M
  • First Round $1M

    (Dec 2015)

  • Investors Count 3

All 3 funding rounds of Smart Software Testing Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020$1MSeries A–UST
–
Mar 2017$750,000Seed––
Dec 2015$1MSeed–YourNest
Valuation history

3 investors in total: 2 institutional and 1 angel.

Investors in Smart Software Testing Solutions

Smart Software Testing Solutions has secured backing from 3 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include UST, YourNest and Rajesh Sanghi.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage DeepTech venture capital funding and support services in India.
2011yournest.inGurugram, India
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
1998ust.comAliso Viejo, United States

Rajesh Sanghi

Angel investor, ex-Google, focused on early-stage Indian startups
unknown_544a232ccf87496a9
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Investor details for Smart Software Testing Solutions

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Smart Software Testing Solutions India Private Limited (Smart Software Testing Solutions)

Smart Software Testing Solutions India Private Limited is the primary company behind Smart Software Testing Solutions. The board of Smart Software Testing Solutions India Private Limited currently have 2 directors; the longest-serving is Lalit Jain, appointed in 2015. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Lalit Jain
DIN 00126117
Director02 Sep 201511 yrs 1 moSmart Software Testing Solutions India Private Limited
Avinash Kumar Tiwari
DIN 02379847
Whole-time director02 Sep 201511 yrs 1 moSmart Software Testing Solutions India Private Limited

People of Smart Software Testing Solutions

2 people are tracked at Smart Software Testing Solutions (1 in leadership, 1 in team); the tracked headcount is 190.

NameRoleGroup
Leadership
Jero B
marketingTeam
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Financials of Smart Software Testing Solutions

Figures of Smart Software Testing Solutions India Private Limited, the primary company behind Smart Software Testing Solutions, for FY 2024. Revenue was ₹31.96 Cr (+21% year on year). Net profit was ₹1.85 Cr (6% margin). EBITDA was ₹3.57 Cr (11% margin). Revenue has grown at a compounded annual rate of +43% over three years and +28% over five years.

  • ₹31.96 CrRevenue · FY 2024 · +21% YoY
  • ₹1.85 CrNet profit · 6% margin
  • ₹3.57 CrEBITDA · 11% margin
  • ₹10,000Paid-up capital
  • 190Employees (provident fund records)
  • +43%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Smart Software Testing Solutions India Private Limited are on its company page.

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Detailed financial statements for Smart Software Testing Solutions

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Timeline of Smart Software Testing Solutions

3 dated milestones of Smart Software Testing Solutions across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Smart Software Testing Solutions is founded.
  2. Funding First funding round of $1.0M.
  3. Funding Latest funding round, Series A, of $1.0M.
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Related news about Smart Software Testing Solutions

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Frequently Asked Questions about Smart Software Testing Solutions

Smart Software Testing Solutions was founded in 2015.

Smart Software Testing Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Smart Software Testing Solutions is a funded company, having raised a total of $2.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Dec 2015.

Smart Software Testing Solutions has 190 employees.

The primary company behind Smart Software Testing Solutions, Smart Software Testing Solutions India Private Limited, reported revenue of β‚Ή31.96 Cr for FY 2024, up 21% year on year.

Provider of AI-powered ERP test automation and lifecycle optimization. It offers a platform automating configurations, discovering tests through process log mining, and providing a pre-built test library. The platform features a no-code test builder, AI-enabled self-healing scripts, and impact analysis to alert users of potential test failures. Advanced reporting and dashboards are included, along with seamless CICD DevOps integrations. The platform also incorporates AI agents for configuration mapping, test automation, training, and support. This comprehensive solution streamlines ERP testing and lifecycle management.

Smart Software Testing Solutions offers ERP Lifecycle Optimization Platform, AI Test Automation, and Test Management: QLM.

Smart Software Testing Solutions has 3 investors. Key investors include UST, YourNest, and Rajesh Sanghi.

Smart Software Testing Solutions operates through Smart Software Testing Solutions India Private Limited.

The legal entities of Smart Software Testing Solutions currently have 2 directors, including Lalit Jain, Avinash Kumar Tiwari.

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