What we do Virtual Galaxy Infotech Ltd provides technology-driven banking and enterprise software solutions including core banking, ERP, digital payments, and e-governance services primarily for BFSI and various industries. |
Founded in 1,997 |
Market share Significant player in India’s SME banking software sector with expanding international presence, notably in Tanzania. |
Problem solved Offers secure, customizable software solutions addressing banks' core operations, enterprise resource planning, digital payments, and governance challenges. |
Top clients or who we serve Banks, microfinance institutions, NBFCs, cooperatives, and industries like sugar, textiles, fertilizer, and education; B2B focus. |
Key management Sachin Purushottam Pande (Managing Director), Avinash Narayanrao Shende (Chairman & CFO) |
Our journey and innovations Founded 1997; launched owned data center in 2011, first international banking project in Tanzania, expanded products to digital payments and loan origination systems by 2025. |
Where we operate India with emerging operations in Tanzania and other international markets. |
Top products or what we offer E-Banker core banking, IBS-ERP for SMEs, e-APMC governance software, V-Pay digital payment solution, V-SOC, E-Autopsy, and Loan Origination System. |
Top brands E-Banker (#1 SMEs core banking), IBS-ERP (tailored ERP), V-Pay (enterprise payments), e-APMC (government e-governance). |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Major revenue from recurring software licenses, SaaS subscriptions, and maintenance services; also project-based income. |
Our industry position Growing leader in SME core banking and ERP software with robust domestic client base and international footprint. |
Financial highlights FY 2025 revenue Rs 120 Crore+, net profit Rs 32 Crores+, nearly doubled revenue and profit YoY. |
Geographical revenue split - |
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Whats driving growth Strong demand for digital banking solutions, SaaS adoption, product diversification, and expanding footprint drive growth. |
Our future plans Focus on hybrid SaaS and enterprise software models; broaden digital payment and governance product lines; increase international presence. |
Our green promise - |
Our people and values Committed workforce with governance focus; zero tolerance policy for workplace harassment; culture of innovation and client focus. |
Key challenges ahead Regulatory compliance, scaling hybrid business model, competition in IT sector, and building credible CSR partnerships. |
Interesting facts IPO oversubscribed 231 times in SME segment; first international core banking software project in Tanzania. |
Risks and strategy Risk management includes financial controls, compliance systems, and strategic product innovation to mitigate market and operational risks. |
