About Excelsoft Technologies Limited 
Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company that focuses on the learning and assessment technolo ... gy market. The company offers a comprehensive suite of AI-powered platforms and digital solutions, including test and assessment systems, online proctoring tools, learning experience platforms (LXP), student success platforms, and digital eBook solutions.

Its flagship product, SARAS LMS, along with EnablED LXP and OpenPage digital books, provides personalised learning support to academic institutions and corporations, helping them manage training, development, and performance enhancement effectively.

Excelsoft caters to a wide customer base comprising educational publishers, universities, schools, government bodies, defence organisations, and enterprises. Operating across India, Malaysia, Singapore, the UK, and the USA, the company partners with over 200 global organisations, reaching more than 30 million learners worldwide.

Some of its key clients include Pearson Education, AQA Education, Colleges of Excellence, Ascend Learning LLC, and Brigham Young University – Idaho. As of June 30, 2025, the company employs 1,118 professionals.

Excelsoft’s strength lies in its deep expertise in digital learning, assessments, and information management systems, supported by a strong track record in product engineering and implementation. It maintains long-term client relationships, leverages agile methodologies, and is backed by an experienced management team with proven capabilities in developing globally compliant learning solutions.

Strengths and Opportunities of Excelsoft Technologies Limited
 

• Excelsoft has extensive experience in product design, development, and implementation across learning, assessment, and digital information systems.
• The company delivers end-to-end learning and assessment products that cover the entire training lifecycle, offering customised solutions through a consultative and technology-driven approach.
• Excelsoft maintains long-term partnerships with major clients like Pearson Education, AQA Education, and Ascend Learning across regions, including the USA, UK, Singapore, and India.
• With subsidiaries in the UK, USA, Singapore, and India, and a presence in Dubai, the company offers globally compliant learning and assessment solutions.
• Excelsoft’s strength lies in its ability to work with multiple technologies and adopt agile methodologies.
• The company follows well-defined operational parameters for efficiency, accountability, and scalability.
• Led by Mr. Dhananjaya Sudhanva (CMD) and Ms. Shruthi Sudhanva (Whole-Time Director), the management brings decades of experience in IT, education technology, and strategic business growth, driving innovation and expansion. 
   

Risks and Threats of Excelsoft Technologies Limited
 

• A major portion of Excelsoft’s revenue (over 59% in Q1 FY26) comes from Pearson Education Group.
• The company has provided a ₹3,000 million corporate guarantee (around 80% of its net worth) for debentures issued by its promoter, Pedanta Technologies Pvt. Ltd..
• There have been delays in filings under FEMA and with the RBI. While these have been regularised, future non-compliance could attract penalties and harm the company’s reputation.
• A portion of IPO proceeds will be used to buy land in Mysore. Since the final sale deed is yet to be executed, any delay or failure in completing this transaction may affect project timelines and fund utilization.
• The IT and SaaS industries evolve quickly. Failure to innovate or keep up with new technologies could reduce competitiveness and impact customer retention.
• Software errors, bugs, or configuration issues could harm the company’s reputation, cause financial losses, and lead to customer dissatisfaction or legal claims.
• The company has outstanding debt of ₹379 million. High debt levels could increase financial risk, reduce flexibility, and affect profitability in adverse market conditions.