Excelsoft Technologies Ltd

Excelsoft Technologies Limited was incorporated as a Private Limited company with the Registrar of Companies, Bangalore on June 12, 2000. Further, Company' status was converted to a public limited Company and the name was changed to 'Excelsoft Technologies Limited on September 17, 2024. The Company is a global enterprise specializing in digital learning and assessment technology solutions. The business platforms are cloud-based with open and industry standards-compliant APIs, ensuring scalability across organizations and users. Over the years, it has combined deep domain expertise and product engineering capabilities to serve educational institutions, awarding and certification bodies, publishers, governments, and enterprises across global markets. The Company focus is on assessment market through the AI based Assessment & Proctoring Solutions. This includes expertise in big data & analytics, Artificial Intelligence, Machine Learning, expertise in architecture, design and development automation and etc., which enables to provide value added products and solutions. The Company acquired a partnership firm in the name of 'M/s Sudhanva Enterprises' along with the business undertaking in 2000. It designed and built an assessment platform for Pearson Inc. based on the core software 'SARAS' in 2006. It built a service-oriented architecture for learning and assessment through the then joint venture Freedom to Learn Ltd to a United Kingdom based entity and certain of its affiliates in 2007. The Company acquired Freedom To Learn Limited as a wholly owned Subsidiary in 2008, acquried Imfinity Pte Ltd. as 100% subsidiary in 2009; launched 'OpenPage' business platform in 2011; acquired Meteor Online Learning Limited as wholly owned Subsidiary in 2012; launched a business platform 'Educational Positioning System (EPS)' in 2013. In 2023, the Company acquired wholly owned Subsidiary in the name of 'Enhanzed Education Private Limited' in June, 2024. The Company came up with its initial public offer by allotting 41,666,666 equity shares of Rs 10 each, raising Rs 500 Crore, comprising a fresh issue of 15,000,000 equity shares aggregating to Rs 180 Cr and the offer for sale of 26,666,666 equity shares aggregating to Rs 320 Cr through offer for sale in November 2025. In FY26, the Company launched four AI-first products each designed to solve specific problems in the education and assessment sector which comprise AI-LevateT App Suite, Saras SchoolAI, Saras Assessments in-a-Box and CareerSPARC.