Company Overview
Sastra Technologies Pvt. Ltd. is a technology firm headquartered in Chennai, Tamil Nadu, India, founded in 2010. Specializing in fintech and banking solutions, Sastra Technologies serves Small Finance Banks, Payment Banks, Banks, and Non-Banking Financial Companies (NBFCs). The firm's mission is to deliver cost-effective products that offer significant client value, utilizing advanced technologies including Cloud Technologies, DevOps, Performance Tuning, and Service-Oriented Architectures. Sastra Technologies boasts a robust value proposition in the competitive fintech market.
Key Offerings and Capabilities
Sastra Technologies provides an array of services designed to enhance the operations of financial institutions. Key offerings include Enterprise Integration, Robotic Process Automation (RPA), SaaS, and Customer Relationship Management (CRM) solutions. A standout platform in the company’s portfolio is the AnyBank Platform, which exemplifies its expertise in creating sophisticated digital transformation tools. The company highlights rapid deployment and high efficiency with metrics like 7 minutes build duration, 1-minute deployment duration, and 45 deployments per week.
Leadership Team
At the helm of Sastra Technologies are its founders: Sandeep Mohanty, Director and Chief Executive Officer, and Sridhar Pandurangiah, the Chief Technology Officer. Sridhar Pandurangiah is also the architect behind the AnyBank Platform and focuses on fintech areas such as CRM, Capital Markets, and various financial transactions, showcasing technical acumen and industry expertise.
Strategic Focus and Industry Position
Positioning itself within the fintech landscape, Sastra Technologies leverages affordable SaaS products and strategic innovation to move up the value chain. The company's focus on digital transformations, regulatory technology, and customer profiling aligns with its ongoing commitment to innovation and efficiency in financial services.
Operational Details and Contact Information
The corporate office of Sastra Technologies is located at 123 Gaudiya Mutt Road, Royapettah, Chennai, 600014, India. Operational hours are Monday through Saturday, 9:00 am to 6:00 pm. For inquiries, the company can be contacted via email at websolutions@sastratechnologies.in or by phone at +91 9176691687.
Competitor Profiling
Linz Technologies
Linz Technologies stands as a notable competitor, authorized as a Zoho partner providing consulting, implementation, and support services from its offices in Chennai, Dubai, and other locations. With over 11 years of experience and having completed 1500+ Zoho implementations, Linz Technologies is recognized for its expertise in Zoho CRM, ERP, and other modules. It markets itself as a trusted partner for business automation in SMEs, offering 24/7 support and personalized solutions, posing a competitive challenge to Sastra Technologies in business process automation and IT consulting.
Infoc
Based in Singapore, Infoc offers strong competition through its IT consulting services in cloud migration, enterprise integration, digital strategy, and data analytics. It uses Microsoft's technologies such as Azure and Dynamics 365 to enable digital transformation, positioning itself as a formidable competitor in the enterprise-level IT solutions sector in which Sastra Technologies operates.
Folarium
Operating out of Indonesia, Folarium specializes in providing ERP and CRM solutions across industries such as engineering, construction, and retail. Since 2014, as a system integrator, Folarium has enhanced business performance via innovative integration solutions. These capabilities place Folarium as a significant challenger in the technology landscape similar to Sastra Technologies' offerings.
Strategic Considerations
The competitive environment for Sastra Technologies is defined by the unique offerings and geographic reach of its key competitors, such as Linz Technologies' specialization in Zoho services and Infoc's proficiency in Microsoft technologies. These companies focus on digital transformation and business automation, presenting opportunities for Sastra Technologies to refine its service offerings and strengthen its market position through strategic partnerships and expanded service portfolios.
