Saraswat Infotech - About the company
Saraswat Infotech is an acquired company based in Mumbai (India), founded in 2005 by Devadatta Chandgadkar. It operates as a Cloud-based banking software suite. The company has 756 active competitors, including 71 funded and 94 that have exited. Its top competitors include companies like Comviva, Fiserv and Infibeam Avenues.
Company Details
Cloud-based banking software suite. It offers multiple solutions for banks and financial institutions including core banking systems, mobile banking suite, loan origination systems, loan servicing solutions, treasury management solutions, and more.
- Website
- sil.co.in
- Email ID
- *****@sil.co.in
- Phone Number
- +91 **********
- Registered Address
- KPT HOUSE, PLOT NO. 41 /13, (HOSPITAL), SECTOR 30,VASHI, Sanpada, Thane, Thane, Maharashtra, India, 400703
Legal entities associated with Saraswat Infotech
Saraswat Infotech is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RUGR SIL PRIVATE LIMITED CIN: U72200MH2005PTC156921 , India, Active | Oct 20, 2005 | $3.1M (As on Mar 31, 2025) | 169 (As on Jan 31, 2025) |
Saraswat Infotech's acquisition details
Saraswat Infotech got acquired by RUGR on Nov 07, 2025.
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Saraswat Infotech's funding and investors
Saraswat Infotech is a funded company.
Saraswat Infotech's founders and board of directors
Founder? Claim ProfileThe founders of Saraswat Infotech is Devadatta Chandgadkar. Devadatta Chandgadkar is the CEO of Saraswat Infotech.
Here are the details of Saraswat Infotech's key team members:
- Devadatta Chandgadkar: Founder & CEO of Saraswat Infotech. They serve on the boards of 2 companies.
Saraswat Infotech's Board of Directors
Saraswat Infotech's board has 6 active members. Devadatta Chandgadkar and Niranjan Parelkar are part of team and Shashikant Keshav Sakhalkar, Amit Anil Pandit, Eknath Keshav Thakur and Sanjay Dattatraya Panse are independent board members.Here is the list of Saraswat Infotech's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 5m | |
bvpygh{ | Team | - | Current | 8y 7m |
Independent board member | - | Current | 15y 10m | |
q{ljlrn | Independent board member | - | Current | 3y 5m |
satmmxi | Independent board member | - | Past | 5y 4m |
pwmmqmt | Independent board member | - | Past | 3y 6m |
jzfvjhn | Independent board member | - | Past | 9y 4m |
dkglvyt | Independent board member | - | Past | 4y 7m |
trlthwz | Independent board member | - | Past | 6y 5m |
cdkkmzu | Independent board member | - | Past | 3y 8m |
View details of Saraswat Infotech's Founder profiles and Board Members
Saraswat Infotech's employee count trend
Saraswat Infotech has 169 employees as of Jan 25. The total employee count is 2.0% more than what it was in Jan 24. Here is Saraswat Infotech's employee count trend over the years:
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Saraswat Infotech's Competitors and alternates
Top competitors of Saraswat Infotech include Comviva, Fiserv and Infibeam Avenues. Here is the list of Top 10 competitors of Saraswat Infotech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of platforms for digital payments, marketing, and business operations | $13.5M | 77/100 | ||
2nd |  Fiserv 1984, Milwaukee (United States), Public | Provider of technology and services to the financial services industry | - | 77/100 | |
3rd |  Infibeam Avenues 2007, Gandhinagar (India), Public | Provider of digital payment solutions and enterprise software platforms globally | - | 72/100 | |
4th | Alkami 2009, Plano (United States), Public | Platform offering digital banking software suite for banks and credit unions | $408M | 72/100 | |
5th | _1529558669735.png?devicePixelRatio=2&height=30&width=30){kind=logo} NCR 1884, Atlanta (United States), Public | Banking software suite for banks and financial institutions | $820M | 72/100 | |
6th |  FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
7th | Provider of loan and cash management solutions for banks and financial institutions | - | 67/100 | ||
8th | Jack Henry 1976, Monett (United States), Public | Provider of technology solutions and services for financial institutions and businesses | - | 65/100 | |
9th | Provider of AI-powered platforms and APIs for financial services | $2.19M | 64/100 | ||
10th | Finastra 2017, London (United Kingdom), Funding Raised | Provider of financial software solutions for lending, payments, and universal banking | - | 63/100 | |
29th | Saraswat Infotech 2005, Mumbai (India), Acquired | Cloud-based banking software suite | - | - | 53/100 |
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Saraswat Infotech's Investments and acquisitions
Saraswat Infotech has a total of 1 investment in Iauro. Saraswat Infotech has not made any acquisitions as of now.Reports related to Saraswat Infotech
Here is the latest report on Saraswat Infotech's sector:
News related to Saraswat Infotech
Media has covered Saraswat Infotech for 1 event in last 1 year.
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Iauro Systems raises Series A funding from Saraswat InfotechIndiatimes•Jul 27, 2018•Iauro, Speciale Invest, Saraswat Infotech
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