Sarvatra Technologies Key Strengths and Specialties

Sarvatra Technologies is a leading provider of digital payments solutions in India.

Their expertise lies in developing cutting-edge technology that enables seamless transactions.

Sarvatra's solutions cater to a wide range of financial institutions, including banks and non-banking financial companies.

These institutions can leverage Sarvatra's technology to enhance their customer experience and expand their reach.

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Sarvatra has raised a total funding of $25.4M over 10 rounds, with its first funding round taking place on January 12, 2010.

The company has received funding from a variety of sources, with ICICI Bank being one of its investors.

Sarvatra's latest funding round was a Unattributed round on March 30, 2022, for $6.6M, with ICICI Bank participating in the round.

Here is a list of Sarvatra's recent funding rounds:

Sarvatra has 5 institutional investors, including ICICI Bank, Brihans Natural, and Oracle, as well as Angel Investors Uday Kothari and 4 others.

Sarvatra Technologies has a diverse group of shareholders, with the founder holding a significant 43.23% stake in the company.

The founder's net worth is a substantial 120Cr, indicating a strong financial foundation for the company.

Mandar Agashe, another shareholder, holds 0% stake, suggesting he may have exited the company or never invested.

The enterprise shareholder has a 33.53% stake, with a net worth of 93.3Cr, demonstrating a significant investment in the company.

Angel investors hold a relatively small 2.04% stake, with a net worth of 5.66Cr, indicating a modest investment in the company.

Other people, including angel investors, hold a negligible 0.62% stake, with a net worth of 1.73Cr.

Here's a breakdown of the shareholding structure:

The ESOP pool holds a significant 20.58% stake, with a net worth of 57.2Cr, indicating a substantial investment in employee stock options.

Sarvatra Technologies offers a range of specialties that make them a leader in the industry.

Their eft switching capabilities allow for seamless transactions, while their immediate payment systems (imps) ensure that payments are processed quickly and efficiently.

The company's bank on move technology enables banking to be done on the go, making it convenient for customers to manage their finances.

Mobile banking is also a key area of focus for Sarvatra Technologies, providing customers with the flexibility to access their accounts from anywhere.

ATMs and POS systems are also part of their offerings, making it easy for customers to access their cash and make transactions.

Their micro ATMs provide an additional layer of convenience, allowing customers to perform a range of banking operations with ease.

Specialties in technology and operations often overlap with financial services.

Sarvatra technologies is known for its expertise in eft switching.

Immediate payment systems (imps) and mobile banking are also areas where they excel.

Bank on move and atm services are part of their operational specialties.

Pos and micro atms are additional services they offer.

The tech stack used in our organization is a crucial aspect of our technology and operations setup.

We utilize a combination of cloud-based services, including Amazon Web Services (AWS) for scalability and reliability.

Our development team prefers using Python as the primary programming language due to its simplicity and versatility.

In addition to Python, we also use JavaScript for front-end development, taking advantage of its ability to create dynamic and interactive user experiences.

To manage our databases, we rely on MySQL, which provides a robust and efficient way to store and retrieve data.

Our team also utilizes a range of project management tools, including Asana and Trello, to stay organized and on track.

We have also implemented a continuous integration and deployment (CI/CD) pipeline using Jenkins, which automates testing and deployment processes.

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Sarvatra Technologies has a strong presence in the Indian market with its flagship product, Finacle, being used by over 80% of the country's top 100 banks.

The company's focus on innovation is evident in its development of Finacle, which is a comprehensive banking solution that helps banks manage their operations efficiently.

Sarvatra Technologies has a significant presence in the Indian market, with a strong customer base of over 200 banks and financial institutions.

Finacle is a highly scalable solution that can be customized to meet the specific needs of banks, regardless of their size or complexity.

Sarvatra Technologies has a strong team of over 2000 employees, who are dedicated to providing excellent support and service to its customers.

The company has a strong commitment to research and development, with a dedicated R&D team that works on creating new and innovative solutions for the banking industry.

Sarvatra Technologies has received numerous awards and recognition for its innovative solutions and commitment to excellence, including the "Best Banking Technology Solution" award at the 2019 Banking Technology Awards.

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