What we do Vedavaag Systems Ltd provides software development, e-business solutions, and e-governance services, focusing on retail, government, and citizen services with extensive rural reach. |
Founded in 1,998 |
Market share Strong presence in Bihar and Haryana's rural markets via 2200+ citizen service centers, recognized for e-governance service delivery. |
Problem solved Facilitates digital access to government and business services in rural areas, improving citizen outreach and financial inclusion. |
Top clients or who we serve Serves government bodies, banks, insurance, telecom sectors with G2C, B2C, and B2B services across multiple Indian states. |
Key management Mr. Jonnavittula Murali Krishna (Managing Director) leads with a vision for expanding digital governance and financial services. |
Our journey and innovations Started in 1998, pioneered e-ticketing in transport and local governance IT solutions; expanded via citizen centers and digital literacy programs. |
Where we operate Primarily operates in India, with significant operations in Bihar, Haryana, Delhi, and Andhra Pradesh. |
Top products or what we offer ABHEE citizen services platform covering agriculture, banking, insurance, healthcare, education, and e-services. |
Top brands ABHEE Citizen Services - #1 in regional rural outreach, wide service portfolio; Microsoft Digital Literacy Program partner. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues are largely recurring from service contracts, citizen centers, and government projects. |
Our industry position Recognized player in Indian e-governance and digital inclusion with extensive rural presence and government partnerships. |
Financial highlights FY25 consolidated revenue Rs. 105.79 Cr, net profit Rs. 8.41 Cr; steady growth over previous year driven by service expansion. |
Geographical revenue split Major revenue from Bihar, Haryana, Delhi with emerging contributions from Andhra Pradesh and other regions. |
Order book Strong order book includes a Rs. 59 Cr government data center and biometric service contract in Andhra Pradesh. |
Whats driving growth Growth driven by government digital initiatives, financial inclusion schemes, and expansion of citizen service centers. |
Our future plans Expand citizen service center footprint, enhance digital service offerings, and deepen government and financial sector engagements. |
Our green promise - |
Our people and values Committed to ethical governance, employee safety, and a harassment-free workplace promoting diversity. |
Key challenges ahead Managing technological upgrades, competition from larger IT players, and timely project execution in diverse regions. |
Interesting facts Early innovator in e-ticketing and local governance IT; extensive franchise model for citizen service centers. |
Risks and strategy Risk mitigated by diversified client base and strong government ties; strategy focuses on service quality and regional expansion. |