Leading SMEs of India 2023

Leading SMEs of India 2023 | 39 [ PROFILE OF 2023 AWARD WINNERS - SME ] www.ksolves.com Sector Category Management Details IT & ITeS SME Ratan K Srivastava Chairman & MD Ksolves India Limited About the Company: Established in 2014, Ksolves India Ltd is a leading provider of technology solutions and consulting services. Company specializes in providing software development services, including web and mobile application, custom software solutions, and enterprise resource planning (ERP) implementations. Business Operations: Company is headquartered at New Delhi with operations in Pune, Indore and San Jose, USA. Company specialises in technologies like Big Data, ML, Salesforce etc. Export contributed for 72% of total sales in FY22 with North America (60%) and Asia (30%). Business Highlights Company’s revenue saw six-fold growth between FY20 to FY22 In line with topline growth, the net profit grew by ~98% during FY22 with net profit margins of ~33% during FY22 Company derived 97% of revenue from services & 3% from products in FY22 Dun & Bradstreet D-U-N-S® No 65-084-3803 www.sagaciousresearch.com Sector Category Management Details Professional Services SME Tarun Kumar Bansal Managing Director Sagacious Research Private Limited About the Company: Established in 2008, company is a leading intellectual property (IP) research and consulting firm. Services includes patent portfolio management & monetization, patent search and analytics, patent drafting, patent filing and prosecution, patent drawing and patent paralegal. Business Operations: Company is headquartered at New Delhi with three facilities at Gurugram, Bengaluru and Nagpur in India. Company has nine international offices across eight countries. In FY22, company derived >90% of its revenue through export services. Business Highlights Company has shown consistent growth in topline during FY20-22; topline increased by ~ 23% and bottom-line grew by ~ 95% during FY22 Company has strong net profit margins of ~33% during FY22 Dun & Bradstreet D-U-N-S® No 85-907-7537 www.avaali.com Theme Based Category Management Details Women Entrepreneur of the Year Srividya Kannan Founding Director Avaali Solutions Private Limited About the Company: Avaali Solutions, established in 2013, is a leading consulting and professional services organization providing digital transformation solutions for mid to large enterprises. Business Operations: Based in Bengaluru, company has completed 250+ business transformation projects across Asia, Middle East, Africa, and parts of Europe in the past decade. The solutions help to reduce operational costs, reduce process cycle time, and help improve visibility and governance. Entrepreneurial Achievements Srividya Kannan is the woman founder and has worked across diverse functions including strategy, innovation, business finance, operations, & sales enablement The company is cash positive, EBITDA positive, zero debt and is a bootstrapped business Dun & Bradstreet D-U-N-S® No 87-408-2427 Dun & Bradstreet