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Kellton

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Kellton Tech Solutions Limited.
Company typePublic
BSE: 519602; NSE: KELLTONTEC
IndustryIT services, IT consulting
FounderNiranjan Chintam
Krishna Chintam
Headquarters
Hyderabad
,
India
Key people
Karanjit Singh (CEO, APAC)
Srinivas Potluri (CEO, United States)
ServicesDigital Transformation, Enterprise Solutions
Number of employees
1800[1]
Websitewww.kellton.com

Kellton Tech Solutions Ltd. (KTSL) is an Indian multinational company specializing in Digital Engineering and technology consulting services, headquartered in Hyderabad, India with offices in United States and Europe.The company reported net revenues of USD 110.6 Million in FY22-23[2] with more than 1800 employees.[3][4][5]

Kellton is listed on the Bombay Stock Exchange [BOM: 519602] and the National Stock Exchange of India, under the symbol KELLTONTEC.[6]

History

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Kellton Tech Solutions Ltd. (KTSL) was established in 2009 by Niranjan Chintam and Krishna Chintam. The company's name, ‘Kellton,’ was inspired by the founders' alma maters, the Kellogg School of Management and Wharton Business School.

Early Beginnings (Pre-2009)

The US-based serial entrepreneurs Niranjan Chintam and Krishna Chintam took over VMF Soft Tech Ltd. in 2009 and renamed it to Kellton Tech.[7] Kellton has, since then, expanded their business portfolio by making acquisitions in the US and India.[8]

Kellton (2022 - Present)

In March 2022, Kellton Tech announced its strategic business realignment, OneKellton’ initiative rebranding itself to Kellton and integrating its global operations to enhance client services.[9][10]

mSehat

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Kellton developed mSehat, a State Innovations in Family Planning Services Agency (SIFPSA) project to help health workers in five districts of Uttar Pradesh to record maternal-infant data in real time and provide them healthcare services. [11] mSehat was featured as a Case Study in a World Health Organization (WHO) report.[12] The report observed that mSehat is "currently the largest mHealth implementation in the world in terms of population served".[13]

Locations

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The company has offices in Hyderabad, Gurgaon, and Pune in India; Singapore in APAC; London, Poland, Ireland,[14] and UAE in EMEA; and at the Dallas, D.C., and NY/NJ areas in the United States. Its head offices are located in Hyderabad, India, and Plano, Texas, USA.

Acquisitions

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Source:[8]

  • 2013: Acquired Supremesoft Global Inc, Inc. US based IT consulting company[15]
  • 2014: Acquired Vivos Professional Services, LLC, USA focusing in the life sciences and healthcare service[16]
  • 2014: Acquired eVantage Technologies Inc., US-based IT consulting company
  • 2015: Acquired US-based Prosoft Technology Group, ERP-EAI provider
  • 2016: Acquired US-based Bokanyi Consulting, an enterprise, analytics and cloud services provider
  • 2017: Acquired US-based Lenmar Group of Companies, an IT services and solutions group with presence in banking and financial services[17]
  • 2019: Acquired US-based firm known as Tivix that develops cloud-connected web and mobile applications
  • 2023: Acquired Hooper Labs, a US-based firm in the field of Artificial Intelligence (AI) and Hyper-automation.[18]

References

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  1. ^ "Kellton Tech eyes revenues of $300 mn, to hire 400 employees". 6 July 2021.
  2. ^ "Annual Reports and Notice of Postal Ballot | Kellton". www.kellton.com. Retrieved 23 May 2024.
  3. ^ Kurmanath, K. V. (6 July 2021). "Kellton Tech eyes revenues of $300 mn, to hire 400 employees". www.thehindubusinessline.com. Retrieved 12 September 2022.
  4. ^ "Kellton Tech Annual Report 2015-16" (PDF).
  5. ^ "Kellton Tech Annual Report 2016-17" (PDF).
  6. ^ "Kellton Tech gets listed on NSE". 2 March 2016.
  7. ^ "Vasanthi Marine Foods changes company name to Kellton Tech Solutions". 16 November 2012.
  8. ^ a b "From VMF Soft to Kellton Tech, a Bumpy Ride for Chintam Brothers". Archived from the original on 9 August 2015.
  9. ^ Kellton Tech Announces Strategic Business Restructuring Under 'OneKellton' Initiative
  10. ^ "Kellton Tech announces strategic business restructuring under 'OneKellton' initiative". indiainfoline.com. Retrieved 6 August 2023.
  11. ^ "Kellton Tech mobile health sn 'mSehat' launched in Uttar Pradesh". The Economic Times. 13 October 2015.
  12. ^ "mSehat features as a Case Study in a World Health Organization (WHO) report".
  13. ^ "Global diffusion of eHealth: Making universal health coverage achievable report" (PDF).
  14. ^ "Indian IT firm Kellton Tech to set up base in Ireland". The Economic Times. 30 April 2016.
  15. ^ "Kellton Tech Solutions to acquire US-based Supremesoft Global | VCCircle". www.vccircle.com. Archived from the original on 7 November 2017. Retrieved 19 April 2016.
  16. ^ "Kellton Tech Completes the Acquisition of VIVOS Professional Services, LLC. New Jersey, USA". PRWeb. Retrieved 19 April 2016.
  17. ^ "In BFSI thrust, Kellton Tech buys US-based Lenmar Group". The Economic Times. 30 March 2017.
  18. ^ "News & Announcements". hooperlabs.com. Retrieved 2 April 2024.
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