What we do USG Tech Solutions Ltd offers innovative software and communication technology solutions, specializing in payment processing, point of sale systems, and business automation services. |
Founded in 1,999 |
Market share A niche player developing payment and communication software solutions with expanding footprint in IT and green technologies sectors. |
Problem solved Streamlines complex business processes including payment processing and loyalty programs to improve operational control and efficiency. |
Top clients or who we serve Serves product manufacturers, banks, government entities, corporates, traders, and merchants across multiple channels; primarily B2B with some B2C elements. |
Key management Mr. Servesh Gupta (Chairman & Managing Director), Mr. Manish Kumar (Chief Financial Officer until July 2025), Ms. Himanshi Rawat and Ms. Rolly Tiwari (Company Secretaries). |
Our journey and innovations Incorporated in 1999; IPO in 2000; rebranded in 2011 for expansion; continuously advancing payment systems supporting diverse communication channels. |
Where we operate Operations primarily in India with subsidiaries in the United States, Canada, and Australia, expanding global reach. |
Top products or what we offer Payment processing platforms, point of sale systems, reward & loyalty program software, and emerging tech solutions in AI, cybersecurity, and green tech. |
Top brands USG Tech Solutions payment systems — multifunctional with broad connectivity (broadband, GPRS, Wi-Fi); strategic software solutions across multiple industries. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is mostly project-based and cyclical, dependent on software developments and technology deployments. |
Our industry position Recognized for innovative IT solutions with growing involvement in digital and green technologies; not a market leader but steadily expanding. |
Financial highlights Recorded net loss of Rs. 64.42 lakh for FY 2024-25; revenue was nil due to market recession; investing in new business segments for future growth. |
Geographical revenue split - |
Order book - |
Whats driving growth Growth driven by investments in emerging technologies like AI, cybersecurity, robotics, and green tech including hydrogen fuel and EV solutions. |
Our future plans Expanding scope into AI, machine learning, green tech products such as hydrogen fuel solutions, drones, and waste-to-energy technologies. |
Our green promise Committed to sustainability through development of green technology products and adoption of energy conservation measures. |
Our people and values Diverse board including women independent directors; focus on governance, ethics, and continuous learning and compliance adherence. |
Key challenges ahead Market recession impacted recent financials; regulatory compliance and timely skill acquisition in new tech are critical challenges. |
Interesting facts One of the early Indian tech firms with a specialized payment processing platform; early adopter of broadband and wireless communication technologies. |
Risks and strategy Facing revenue pressure due to market conditions; strategy focuses on innovating in digital and green tech while strengthening governance and operational control. |
