Draft:Excelsoft Technologies
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Last edited by Digitaldotangle (talk | contribs) 3 hours ago. (Update) |
| Company type | Private |
|---|---|
| Industry | Educational technology, Assessment, Software |
| Founded | 2000 |
| Founders | Dhananjaya Sudhanva, Lajwanti Sudhanva, M.H. Dhananjaya |
Area served | Worldwide |
Key people | Dhananjaya Sudhanva (Chairman and CEO) |
| Products | SARAS, easyProctor, CollegeSPARC, OpenPage |
| Services | Learning platforms, assessments, remote proctoring, digital content solutions |
| Revenue | ₹100–500 crore (FY 2022–23)[1] |
| Website | excelsoftcorp.com |
Excelsoft Technologies is an Indian educational technology and assessment software company headquartered in Mysuru, Karnataka. The company specializes in learning management systems (LMS), digital publishing, assessments, and remote proctoring solutions. It provides platforms and tools to educational institutions, governments, and corporate training environments across over 30 countries.[2]
History
[edit]Excelsoft Technologies was founded in 2000 by Dhananjaya Sudhanva along with Lajwanti Sudhanva and M.H. Dhananjaya. Initially focused on creating customized e-learning solutions, the company soon developed proprietary platforms like SARAS to cater to the growing demand for digital education tools in India and abroad.
In 2024, Excelsoft filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹700 crore through an initial public offering (IPO), aimed at funding expansion and technological advancements.[3][4]
Collaborations
[edit]In 2024, Excelsoft partnered with the Indian Institute of Technology (IIT) Ropar to establish a dedicated research lab focused on educational technology innovations. The collaboration is intended to create scalable, AI-driven learning solutions and assessment methodologies.[5]
Products and Services
[edit]Excelsoft's main products and platforms include:
- SARAS Test and Assessment: A scalable online assessment system supporting over 40 types of questions and used by educational boards and universities.[6]
- easyProctor: A secure AI-based remote proctoring tool that allows for online examination monitoring and fraud detection.[7]
- CollegeSPARC: A student performance analytics and retention platform used by higher education institutions.
- OpenPage: A digital content delivery system designed for publishers and educators to create interactive e-learning materials.
Recognition
[edit]Excelsoft Technologies has received multiple industry recognitions. In 2023, it was awarded the "Best Performer in IT/ITES" award for the Mysuru region by the Government of Karnataka for its contributions to the software sector.[8]
Certifications
[edit]Excelsoft holds the following certifications:
- ISO/IEC 27001:2013 – Information Security Management System
- ISO 9001:2015 – Quality Management System
- Cyber Essentials Plus (UK)
Financials
[edit]According to Tofler, Excelsoft reported a revenue in the ₹100–500 crore range for the fiscal year 2022–23. The company has maintained profitability with steady year-over-year growth.[1]
See also
[edit]References
[edit]- ^ a b "Excelsoft Technologies Private Limited - Financials". Tofler. Retrieved 22 May 2025.
- ^ "Excelsoft Technologies Company Profile". Bloomberg. Retrieved 22 May 2025.
- ^ "Excelsoft Technologies files draft papers with SEBI for ₹700 crore IPO". Mint. 20 May 2024. Retrieved 22 May 2025.
- ^ "Excelsoft Technologies files for ₹700-cr IPO to fund expansion". The Hindu Business Line. 20 May 2024. Retrieved 22 May 2025.
- ^ "IIT Ropar partners with Excelsoft Technologies to set up edtech research lab". The Hindu. 11 April 2024. Retrieved 22 May 2025.
- ^ "SARAS Test and Assessment". SoftwareOne. Retrieved 22 May 2025.
- ^ "easyProctor". SoftwareOne. Retrieved 22 May 2025.
- ^ "Excelsoft receives 'Best Performer-IT/ITES-Mysuru Region' Award". Star of Mysore. 29 October 2023. Retrieved 22 May 2025.