Company Research Report on Astha IT Ltd.
Company Overview
- Name: Astha IT Ltd.
- Mission: Empower lives with safe technology for a better world
- Vision: Innovate Endlessly, Grow Limitlessly
- Founded: 2008
- Founder: Hasnaeen Rizvi Rahman
- Key People:
- Hasnaeen Rizvi Rahman, CEO & Founder
- Md Ekhlasur Rahman, Founding Director
- Ferdousi Rahman, Founding Director
- Tasnuva Ahmed, Independent Director
- SM Adnan, Independent Director
- Shafayetul Islam, Independent Director
- Najah Naaji, Independent Director
- Nafees H Belal, Independent Director
- Arafat Nizam, Chief Operating Officer
- MD Khurshaduzzaman Razib, VP Engineering
- Shihab Ahmed, AVP Engineering
- Mahmudur Rahman, Head of DevOps & Infrastructure
- Nazif Muhammad Irad, Chief Marketing Strategist
- Headquarters: Originally in Dhaka, Bangladesh, now moved to the US as of 2023
- Number of Employees: 500+
- Revenue: No information is available
- Known For: Building massively scalable systems, especially in software development, cloud services, and remote talent provisioning.
Products
Products Offered
Astha IT Ltd. offers a variety of products and services, majorly focusing on custom software development and scalable systems. Here’s a high-level overview of key products and features:
1. BizzyB
- Description: A story-based educational technology platform for students, innovators, and startups.
- Key Features:
- Collaboration Journal
- Comments & Messaging
- Optional Lessons & Quizzes
- Decks & Portfolios
- Online Contests
- Creativity Assessment
2. Transcom Digital
- Description: An e-commerce platform for a leading electronics brand in Bangladesh.
- Key Features:
- EMI Facilities
- Product Loan
- Omni Channel Feature
- Partial Payment
- Campaigns
- Basic E-commerce Features
3. SumoSum
- Description: A financial forecasting tool for non-financial entrepreneurs, startups, nonprofits, and students.
- Key Features:
- Assumptions Interface
- Real-Time Charts & Financial Reports
- Scenarios
- Downloads
- Collaboration and Messaging
4. The Pantry
- Description: A high-speed tech solution for food distribution by Feeding Hawaii Together, a nonprofit organization in Hawaii.
- Key Features:
- Designated Registration Tab
- Volunteering and Donation Tab
- Pre-Shopping
- Designated Pickup Times
5. StrataSpot
- Description: A SaaS PropTech platform for apartment management in Australia.
- Key Features:
- Bylaws Management
- Tenants Management
- Digital Noticeboard
- Facility Booking
- Reporting Maintenance Request
- Private Groups
- Mobility
Recent Developments
Recent Company Milestones
- 2018: Developed a cloud-based platform of micro-services.
- 2020: Awarded for Export Excellence at BASIS Outsourcing Awards.
- 2021: Launched first foreign subsidiary company in Stockholm, Sweden.
- 2022: Became ISO 9001:2015 (QMS) certified.
- 2023: Headquarters moved to the US.
New Products and Features
- BizzyB: Expanded to include varied teaching resources and further user engagement tools.
- Transcom Digital: New features added like product loan issuer integration and enhanced user interface.
- SumoSum: Planned updates include AI, Machine Learning, and Data Science modules.
Partnerships
- Banglalink: Announced a new partnership in 2023.
- Odoo: Incorporated Odoo's multi-dimensional business services.
- Tenwave Infotech Pvt. Ltd: Partnership for healthcare IT solutions in India.
- ACI: Collaboration to assist local businesses in scaling.
Conclusion
Astha IT Ltd. has shown sustained growth through strategic partnerships, technological innovations, and a steadfast commitment to quality, establishing itself as a prominent name in the software and IT services industry. The company's mission to empower lives with safe technology reflects in their diverse product offerings that are robust, scalable, and user-centric. As they move into their next phase with headquarters in the US, they continue to expand their global presence while driving significant progress in the IT sector.
