Castaliaz Technologies - About the company
Castaliaz Technologies is an acquired company based in Thane (India), founded in 2008 by Krishna Murthy H N and Ivan Noronha. It operates as a Provider of SAP implementation, migration, and support services for enterprise applications. The company has 2339 active competitors, including 17 funded and 155 that have exited. Its top competitors include companies like Avanade, Allgeier and B2B Software Technologies.
Company Details
Provider of SAP implementation, migration, and support services for enterprise applications. The company specializes in delivering end-to-end lifecycle management for SAP environments, including greenfield implementations, brownfield migrations, and landscape transformations. Services encompass the deployment and optimization of core business modules, analytics platforms, and digital compliance solutions. The team provides ongoing maintenance, performance tuning, and business process consulting to enhance operational efficiency and system integration across various industry sectors.
- Website
- castaliaz.co.in
- Email ID
- *****@castaliaz.co.in
- Phone Number
- +91 **********
- Registered Address
- OFFICE NO 1002, 1003 AND 1004, 10TH FLOOR, FENKIN 9, PLOT NO C - 5, WAGLE ESTATE, THANE WEST, Wagle I.E., Thane, Thane, Maharashtra, India, 400604
Key Metrics
Founded Year
2008
Location
Thane, India
Stage
Acquired
Ranked
26th among 2339 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
202 as on May 31, 2026
Exit Details
Acquired by Prolifics (Sep 23, 2025)
Legal entities associated with Castaliaz Technologies
Castaliaz Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CASTALIAZ TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2009PTC189280 , India, Active | Jan 01, 2009 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 202 (As on May 31, 2026) |
Castaliaz Technologies's acquisition details
Castaliaz Technologies got acquired by Prolifics on Sep 23, 2025.
Click here to take a look at Castaliaz Technologies's acquisition in detail
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Castaliaz Technologies's funding and investors
Castaliaz Technologies has not raised any funding rounds yet.
Castaliaz Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Castaliaz Technologies are Krishna Murthy H N and Ivan Noronha. Ivan Noronha is the CEO of Castaliaz Technologies.
Here are the details of Castaliaz Technologies' key team members:
- Krishna Murthy H N: Co-Founder & Director of Castaliaz Technologies. Contact Info: 1 email address
- Ivan Noronha: Co-Founder & CEO of Castaliaz Technologies. Contact Info: 1 email address
Castaliaz Technologies' Board of Directors
Castaliaz Technologies's board has 3 active members. Ivan Noronha is part of team and Venkata Subbaraju Penmetsa and Satyanarayana Bolli are independent board members.Here is the list of Castaliaz Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 17y 10m | |
Independent board member | - | Current | 1y 1m | |
omy{snm | Independent board member | - | Past | 2y 5m |
View details of Castaliaz Technologies's Founder profiles and Board Members
Castaliaz Technologies' employee count trend
Castaliaz Technologies has 202 employees as of May 26. The total employee count is 52.0% more than what it was in May 25. Here is Castaliaz Technologies's employee count trend over the years:
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Castaliaz Technologies's Competitors and alternates
Top competitors of Castaliaz Technologies include Avanade, Allgeier and B2B Software Technologies. Here is the list of Top 10 competitors of Castaliaz Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Avanade 2000, Seattle (United States), Unfunded | Provider of Microsoft platform-based business solutions, consultancy, and managed services | - | - | 59/100 |
2nd | Provider of software and IT services for digital transformation solutions | - | 54/100 | ||
3rd | B2B Software Technologies 1994, Hyderabad (India), Public | Provider of Microsoft Dynamics ERP solutions and implementation services | - | - | 51/100 |
4th | Shanghai Hande Information Technology 1996, Shanghai (China), Public | ERP consulting and implementation services | - | 50/100 | |
5th | Netforce ERP 2008, Bangkok (Thailand), Funding Raised | Open source ERP software supplier | - | 49/100 | |
6th | The Hackett Group 1997, Miami (United States), Public | Provides ERP services | - | - | 47/100 |
7th | Provider of digital transformation, blockchain, IT consulting, and other services | - | - | 47/100 | |
8th | Mercurius IT 2005, Milton Keynes (United Kingdom), Unfunded | Provider of application development, IT infra, and consulting services | - | - | 46/100 |
9th | Provider of ERP implementation services | - | - | 46/100 | |
10th | Provider of ERP and departmental services | - | - | 46/100 | |
26th | Castaliaz Technologies 2008, Thane (India), Acquired | Provider of SAP implementation, migration, and support services for enterprise applications | - | - | 42/100 |
Looking for more details on Castaliaz Technologies's competitors? Click here to see the top ones
Financials of Castaliaz TechnologiesFY 25 Available
CASTALIAZ TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Castaliaz Technologies, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of CASTALIAZ TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 37% in the last 1 year.
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 5027 | 3277 | 2267 | 3996 | 2536 |
Total Sales | 7064 | 9404 | 1079 | 9868 | 9155 |
Total Expenses | 2969 | 8650 | 4834 | 7174 | 8905 |
Operating Expenses | 8665 | 8705 | 9479 | 2355 | 4117 |
Employee Expenses | 5541 | 6119 | 3207 | 1423 | 9538 |
Operating Income (EBIT) | 4492 | 1166 | 3257 | 1161 | 1339 |
Interest Expenses | 9175 | 5593 | 2242 | 9962 | 7239 |
Expenses from other activities | 7026 | 4679 | 5838 | 4105 | 6888 |
EBITDA | 6369 | 3846 | 1947 | 8661 | 9929 |
Taxes | 5497 | 4025 | 4419 | 9933 | 8222 |
Net Profit | 4050 | 2431 | 4792 | 4490 | 3295 |
Balance Sheet | |||||
Assets | 4036 | 4282 | 4313 | 3250 | 2105 |
Accounts Receivables | 9550 | 1213 | 9924 | 9007 | 2629 |
Inventory | 3146 | 8596 | 7236 | 4533 | 7814 |
Liabilities | 4613 | 3718 | 9758 | 4726 | 3586 |
Total Debt | 3048 | 7438 | 5645 | 7753 | 7730 |
Accounts Payable | 8980 | 2911 | 2220 | 9392 | 7691 |
Equities | 6136 | 6929 | 5833 | 2833 | 3667 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Castaliaz Technologies's Investments and acquisitions
Castaliaz Technologies has made no investments or acquisitions yet.
Reports related to Castaliaz Technologies
Here is the latest report on Castaliaz Technologies's geography:
News related to Castaliaz Technologies
•
Prolifics Acquires Castaliaz,Strengthening Global SAP CapabilitiesCNW•Sep 23, 2025•Castaliaz Technologies, Prolific
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