What we do First Fintec Ltd provides web-enabled software solutions focusing on Application Service Provision and MIS systems targeting SMEs globally, with key offerings in Fintech and Edtech. |
Founded in 2,000 |
Market share A niche player in SME software solutions with strategic presence in fintech and e-learning sectors. |
Problem solved Enables SMEs with accessible cloud-based ERP and MIS systems, addressing gaps in enterprise software and education technology. |
Top clients or who we serve Small and medium enterprises (SMEs) globally; B2B clients primarily in financial and educational technology. |
Key management - |
Our journey and innovations Rebranded in 2007 after strategic equity infusion, expanded into e-learning through acquisition; adopted latest internet technologies. |
Where we operate Primarily India with strategic investments in USA markets. |
Top products or what we offer Cloud-based MIS, ERP solutions, fintech and e-learning platforms tailored for SMEs and educational institutions. |
Top brands First Fintec Software Solutions; no major flagship product names reported. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from recurring software subscriptions and consulting; cyclical elements due to market conditions. |
Our industry position Emerging technology provider with stable client base and gradual growth post-pandemic. |
Financial highlights FY 24-25 revenue approx. Rs. 2.2 crores; net loss of Rs. 0.94 million; historic peak revenue Rs. 48.31 crores (2010). |
Geographical revenue split - |
Order book - |
Whats driving growth Growth fueled by digital transformation in SME sector and expanding fintech and edtech demand post-COVID. |
Our future plans Focus on scaling fintech and edtech offerings, enhancing infrastructure for remote deliveries, expanding client base. |
Our green promise Committed to energy conservation, reducing carbon footprint, and adopting green infrastructure practices. |
Our people and values Values employee development, communication, and fostering a motivated, transparent work culture. |
Key challenges ahead Managing growth with limited resources, overcoming competitive pressures, and adapting to market uncertainty. |
Interesting facts Among pioneers adopting application service provision model for SME MIS solutions in India. |
Risks and strategy Risks include market volatility and technology shifts; strategy centers on innovation and client diversification. |
