Company Overview
Vernost is a prominent AI-driven B2B technology company headquartered in Mumbai, Maharashtra, India. Established in 2014, the company operates globally with a workforce of 201-500 employees. Vernost specializes in innovative technology solutions across loyalty, payments, and travel sectors.
Core Business Solutions
Vernost's product suite is designed to cater to various industries, focusing on three main areas:
- Loyalty Solutions: Includes the ClubClass Loyalty Suite, featuring accrual rule engines, rewards marketplaces, and customer engagement platforms to enhance customer interaction and retention.
- Payment Solutions: Offers VePay, an advanced payment gateway, along with extensive payment orchestration and tokenization capabilities.
- Travel Solutions: Features a comprehensive booking and reservation engine, a global supplier network, and ancillary revenue management systems, centering around a unified travel marketplace.
Vision and Mission
Vernost aims to revolutionize the global B2B landscape with customer-centric technology solutions that drive innovation and excellence. Their mission involves delivering world-class, innovative, and customer-driven solutions with a unique value proposition.
Leadership Team
- Pankaj Tripathi, CEO & Co-Founder, directs Vernost's strategic journey in AI-powered loyalty and payment solutions.
- Darshana Jagtap, CFO & CHRO, oversees financial activities and human resources, championing integrity and innovation across the organization.
- Ignatius D'mello, CTO, propels technological innovations aligned with Vernost's strategic objectives.
Values and Principles
Vernost is committed to:
- Customer-First strategies
- Ensuring Excellence and Innovation
- Upholding Integrity and Trustworthiness
- Fostering Collaboration and Empathy
Strategic Relationships
Vernost maintains key partnerships with high-profile clients like Axis Bank, Emaar, Tata NEU, SBI Card, GEMS Education, and Indigo Airlines, highlighting their market prominence.
Growth and Development
The company has evolved from a startup to a global technology leader, marked by a $5 million investment in acquiring VePay to advance its payment technology capabilities.
Recent Initiatives
- Collaborated as an Independent Software Vendor (ISV) partner for Fintech Forum 2025.
- Engaged as the Technology Partner for IIFA 2025, enhancing its presence in media and cultural events.
Competitor Profiling
Competitors
Vernost faces substantial competition in the technology solutions arena:
- Soft Computer Consultants: Notable for innovations in healthcare IT solutions like laboratory and genetics information systems.
- Fablian Technolab Pvt Ltd: Excels in web and mobile app development, providing IoT and e-commerce solutions.
- GetSmartCoders: A Bangalore-based IT outsourcing firm offering a wide array of IT solutions, including custom software and AI.
- Finoit Technologies: Focuses on digital transformation and scalable software development for startups and SMEs.
- Telaid and Shenzhen Dvision: Key players in enterprise IT solutions.
- Accenture and Deloitte Digital: Global leaders in technology consulting and digital transformation, impacting Vernost’s competitive landscape.
Strategic Positioning
Vernost differentiates itself with integrated loyalty solutions and strong global adaptability, addressing varied market demands and maximizing customer engagement.
Insights and Recommendations
To remain competitive, Vernost could expand into niche tech sectors like IoT and AI, following its peers such as GetSmartCoders and Fablian. Strengthening market presence through strategic partnerships or acquisitions could also enhance their technological prowess and market reach.
