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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.
Social
Facebook
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
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
202 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Prolifics (Sep 23, 2025)

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 Profile
The 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:

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

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:
Employee count trend for Castaliaz Technologies
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Avanade
Avanade
2000, Seattle (United States), Unfunded
Provider of Microsoft platform-based business solutions, consultancy, and managed services
-
-
59/100
2nd
Logo for Allgeier
Allgeier
1977, Germany, Public
Provider of software and IT services for digital transformation solutions
-
54/100
3rd
Logo for B2B Software Technologies
B2B Software Technologies
1994, Hyderabad (India), Public
Provider of Microsoft Dynamics ERP solutions and implementation services
-
-
51/100
4th
ERP consulting and implementation services
-
50/100
5th
Logo for Netforce ERP
Netforce ERP
2008, Bangkok (Thailand), Funding Raised
Open source ERP software supplier
-
49/100
6th
Logo for The Hackett Group
The Hackett Group
1997, Miami (United States), Public
Provides ERP services
-
-
47/100
7th
Logo for EMURGO
EMURGO
2017, Singapore (Singapore), Unfunded
Provider of digital transformation, blockchain, IT consulting, and other services
-
-
47/100
8th
Logo for Mercurius IT
Mercurius IT
2005, Milton Keynes (United Kingdom), Unfunded
Provider of application development, IT infra, and consulting services
-
-
46/100
9th
Logo for C-TEL
C-TEL
2004, Hyderabad (India), Unfunded
Provider of ERP implementation services
-
-
46/100
10th
Logo for Impresoft
Impresoft
2018, Milan (Italy), Acquired
Provider of ERP and departmental services
-
-
46/100
26th
Logo for Castaliaz Technologies
Castaliaz Technologies
2008, Thane (India), Acquired
Provider of SAP implementation, migration, and support services for enterprise applications
-
-
42/100
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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)

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  • Financial Summary & Charts
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Castaliaz Technologies's Latest cap tables and shareholding

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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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

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