Invenger Technologies Market Research Report

Background

Company Overview

Invenger Technologies Private Limited, established on February 27, 2006, is an information technology consulting and support services company headquartered in Mangalore, Karnataka, India. The company specializes in IT consultancy, outsourcing services, and digital product engineering, aiming to address operational challenges across various industries and help clients realize their full potential.

Mission and Vision

Invenger's mission is to deliver value-driven solutions with transparency, mutual trust, and respect, ensuring that each project exceeds customer expectations and brings new perspectives. The company's vision focuses on sustainable, quality growth by integrating the best resources, knowledge, and values to maximize returns for customers, investors, and employees.

Industry Significance

Operating within the information technology sector, Invenger Technologies has established itself as a reliable partner for clients seeking innovative solutions. The company has been recognized with awards such as the Best Software Exporter Gold Award from the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) in 2012 and 2013, highlighting its contributions to the IT industry.

Key Strategic Focus

Core Objectives

Invenger Technologies aims to provide customer-centric value delivery, foster innovation through agile methodologies, and enhance work efficiency by leveraging a versatile workforce with an integrated approach.

Areas of Specialization

The company specializes in IT consultancy, outsourcing services, and digital product engineering, offering a range of services designed to upscale companies across multiple industries.

Key Technologies Utilized

Invenger employs various technologies in its projects, including Siebel CRM, Oracle Real Time Decision Server, and Salesforce for cloud-based CRM solutions. The company has also developed applications using Kendo Scheduler UI and Siebel Open UI.

Primary Markets Targeted

Invenger serves clients in sectors such as insurance, aviation fuel services, and mobile solutions, with a focus on the United States market. Notable clients include a major auto, property, and casualty insurance company, a multinational corporation and conglomerate, and a leading sales force automation solutions company.

Financials and Funding

Funding History

As a privately held company, Invenger Technologies has not publicly disclosed detailed funding history or external investors. The company is privately owned, with a promoter holding of 100% as of 2023.

Financial Performance

For the financial year ending March 31, 2023, Invenger reported:

Total Revenue: ₹75-100 crore

EBITDA: Increased by 19.03% over the previous year

Net Profit: Increased by 5.67% over the previous year

Net Worth: Increased by 35.91% over the previous year

Pipeline Development

Specific details regarding Invenger Technologies' pipeline development, including clinical trials or product development stages, target conditions, and anticipated milestones, are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Invenger has developed proprietary applications such as the Claims Quick View for a U.S.-based auto and property insurance company, which provides users with easy access to entity information like claims, payments, and coverage details.

Significant Scientific Methods

The company utilizes various technologies and methodologies, including Siebel CRM, Oracle Real Time Decision Server, and Salesforce for cloud-based CRM solutions. Invenger has also developed applications using Kendo Scheduler UI and Siebel Open UI.

Leadership Team

Key Executives

Krishna Mohan Pai: CEO of Invenger Technologies, with a background in software development and management.

K.S. Sathyendra Pai: Director, involved in strategic planning and operations.

K.S. Purushotham Pai: Director, contributing to business development and client relations.

Leadership Changes

Specific details regarding recent significant changes or appointments within Invenger Technologies' leadership are not publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The IT services and consulting industry is characterized by rapid technological advancements and a competitive landscape. Companies like Invenger Technologies face competition from both large multinational corporations and specialized firms offering similar services.

Competitor Analysis

While specific competitors are not detailed in the available information, Invenger Technologies operates in a competitive market with numerous players offering IT consultancy, outsourcing, and digital product engineering services.

Strategic Collaborations and Partnerships

Invenger Technologies has established partnerships with various clients across different sectors, including insurance, aviation fuel services, and mobile solutions. Notable collaborations include working with a major auto, property, and casualty insurance company, a multinational corporation and conglomerate, and a leading sales force automation solutions company.

Operational Insights

Invenger Technologies maintains a strong focus on customer-centric value delivery, innovation, and work efficiency. The company has been recognized with awards such as the Best Software Exporter Gold Award from FKCCI in 2012 and 2013, highlighting its contributions to the IT industry.

Strategic Opportunities and Future Directions

Invenger Technologies continues to focus on delivering value-driven solutions, fostering innovation through agile methodologies, and enhancing work efficiency by leveraging a versatile workforce. The company aims to expand its global presence and strengthen its position in the IT services and consulting industry.