Company Profile: Shaft Software Solutions Private Limited

Background

Shaft Software Solutions Private Limited is an Indian non-government company incorporated on November 5, 2015. The company specializes in software publishing, consultancy, and supply, offering services such as the production and documentation of ready-made software, operating systems, business applications, and computer games. Additionally, it provides custom software solutions tailored to specific user requirements, including software maintenance and web-page design.

Key Strategic Focus

The company's strategic focus encompasses:

Software Publishing and Consultancy: Delivering ready-made and custom software solutions across various platforms.

IT Training and Consulting: Offering training programs and consulting services to enhance client capabilities.

Client-Centric Approach: Tailoring solutions to meet the unique needs of diverse clients.

Financials and Funding

As of the fiscal year ending March 31, 2022, Shaft Software Solutions reported:

Authorized Share Capital: ₹200,000

Paid-up Capital: ₹200,000

Total Open Charges: ₹3.03 million

The company experienced a 5.58% decrease in revenue and a 28.99% decline in profitability compared to the previous year. However, the net worth saw a significant increase of 159.58%.

Leadership Team

The leadership team includes:

Gopi Reddy Yalaka: Director

Jhansi Lakshmi Kotte: Director

Competitor Profile

Market Insights and Dynamics

The software publishing and IT consultancy industry in India is highly competitive, with numerous players offering a range of services from software development to IT consulting and training.

Competitor Analysis

Key competitors include:

Tata Consultancy Services (TCS): A leading global IT services, consulting, and business solutions organization.

Wipro: A multinational corporation providing information technology, consulting, and business process services.

Infosys: A global leader in technology services and consulting.

These companies offer comprehensive IT solutions and have a significant market presence.

Operational Insights

Shaft Software Solutions differentiates itself through:

Customized Solutions: Providing tailored software and consultancy services to meet specific client needs.

Employee Satisfaction: High ratings in company culture, job security, and work-life balance, with an overall rating of 4.9 out of 5 based on employee reviews.