What NeoSOFT Technologies does

NeoSOFT Technologies is an India-headquartered IT outsourcing and software development company, founded in 1999 and operating as NeoSOFT Pvt. Ltd. under family ownership (the Rathi family). The company delivers a layered services portfolio spanning digital transformation, custom application development (web, mobile, cross-platform), team augmentation across 14 technology stacks, and specialized offerings in cloud consulting (AWS, Azure, Google Cloud), AI/ML, blockchain, IoT, big data and analytics, DevOps, quality engineering, UI/UX design, infrastructure management, data science, cybersecurity, and an Innovation Lab as a Service. Vertical solutions cover CRM, ERP, eCommerce, CMS, RPA, and SAP, and the company also operates three sub-brands: S4S (agile team augmentation), ValueHits (digital marketing), and Neo Smile Foundation (CSR).

The company serves 1,500+ clients across 50+ countries and 22+ industries from 21 offices in 10+ territories spanning India, Singapore, Australia, Dubai, Sweden, Germany, the UK, the US, Argentina, and South Africa. Customer segmentation is vertical-driven with Financial Services, Healthcare, Manufacturing, and eCommerce & Retail identified as primary segments. The technology stack is full-stack and conventional (React, Angular, Node.js, PHP, .NET, Java, Python, iOS, Android, Flutter, Kotlin) with an AI Centre of Excellence aggregating AI/ML capability across predictive analytics, NLP, computer vision, recommendation engines, anomaly detection, autonomous agents, generative AI, and knowledge retrieval, and a dedicated 200+ developer blockchain practice anchored on Hyperledger Fabric.

The business model is professional services revenue from project-based, time-and-materials, and fixed-price contracts sold via direct enterprise field sales and inside-sales inquiry handling, with multi-year enterprise engagements. GTM motion combines enterprise field sales targeting global brands with team augmentation providing dedicated offshore development teams. The company is CMMI Level 5 certified (consecutively appraised), ISO 9001:2008 certified, and GDPR-compliant, supporting procurement cycles in regulated buyers. No public revenue, funding events, or ownership disclosures beyond family control are reported, indicating a privately held, profitable services firm rather than a venture-backed growth company.

Name

NeoSOFT Technologies

Legal name

NeoSOFT Pvt. Ltd.

Website

https://neosofttech.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

NeoSOFT Technologies is an India-based IT outsourcing and software development company delivering digital transformation, custom application development, and team augmentation services to 1,500+ enterprise clients across 50+ countries and 22+ industries.

Ownership category

akta.pro rank

Product category

IT Outsourcing & Custom Software Development Services

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (5415), Other Computer Related Services (541519)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Offshore Development Center (ODC) / Dedicated Team Services (BPAEAMAL)

akta.pro secondary industries

Infrastructure Outsourcing (IO) (BPAEAMAB), Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK)

Keywords

• Custom software development
• IT outsourcing services
• Digital transformation consulting
• Team augmentation services
• Enterprise application development

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices21 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Software Development & IT Outsourcing: Custom software development, application development, and IT outsourcing services delivered through professional services engagement model. Revenue generated through project-based contracts and team augmentation.
2. Digital Transformation Consulting: Enterprise digital transformation services including strategy, implementation, and managed services. Revenue generated through consulting engagements and ongoing managed service contracts.
3. Team Augmentation: Providing dedicated software development teams and engineers to augment client capabilities. Engaged on time and materials or fixed-price basis.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

NeoSOFT Technologies is an IT outsourcing and custom software development company that designs, builds, and maintains digital products for global enterprise clients. Its core services include custom application development, team augmentation across 14 technology stacks, digital transformation consulting, and managed services spanning AI/ML, cloud, blockchain, IoT, big data, DevOps, quality engineering, and vertical solutions such as CRM, ERP, SAP, eCommerce, CMS, and RPA.

Product overview

NeoSOFT Technologies is an IT outsourcing and software development company offering a comprehensive portfolio of technology services and solutions. The core offerings span Digital Transformation, Application Development (encompassing Web Development and Mobile Application Development as distinct services), and Team Augmentation across 14 technology stacks. The company provides a layered portfolio: specialized service offerings (Cloud Consulting, DevOps, Big Data and Analytics, Artificial Intelligence & Machine Learning, Internet of Things, Blockchain, Quality Engineering, UI/UX Design, Infrastructure Management Services, Data Science, Innovation Lab, and Cybersecurity) combined with vertical solutions (CRM, eCommerce, ERP, CMS, RPA, and SAP). Three sub-brands extend the portfolio: S4S for agile team augmentation, Neo Smile Foundation for CSR, and ValueHits for digital marketing. The company operates across 10+ territories with 4,000+ employees serving 1,500+ clients in 50+ countries.

Differentiator

Problem solved

Functional benefit

Brands

• S4S (S4Support): Support services brand operated by NeoSOFT
• Neo Smile Foundation
• Value Hits

Quantifiable outcome

• 35% Increased Cost Efficiencies for automobile manufacturing predictive maintenance solution
• +12 more outcomes

Named customers8 records

Segments12 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability14 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• ValueHitscoreGTM or Marketing PartnerValueHits is NeoSOFT's digital marketing agency brand operating as a sister company. They provide digital marketing services including SEO, content marketing, and online promotion. This partnership enables NeoSOFT to offer comprehensive digital solutions with integrated marketing capabilities.
• NeoSmile FoundationcoreOthersNeoSmile Foundation is NeoSOFT's CSR initiative focused on social development. The foundation undertakes CSR activities including education, healthcare, skill development, and environmental sustainability in alignment with Indian Companies Act requirements.
• S4S (S4 Support)minorOthersS4S is a brand under NeoSOFT providing IT support and services. Past portfolio includes India's biggest data center exit demonstrating expertise in IT infrastructure services.
• Amazon Web Services (AWS)coreTechnology or IntegrationAWS partnership for cloud services including AWS IoT for connected home solutions, cloud-native applications, machine learning workloads, and AWS-based infrastructure implementations across client projects.
• Microsoft AzurecoreTechnology or IntegrationAzure partnership for cloud platform development including healthcare services portal, enterprise cloud solutions, and Azure-based IoT implementations.
• Google CloudcoreTechnology or IntegrationGoogle Cloud partnership for cloud migration, data analytics, and cloud-native application development services.
• HyperledgercoreTechnology or IntegrationHyperledger Fabric expertise for enterprise blockchain development. NeoSOFT has 200+ blockchain developers skilled in Hyperledger for private blockchain solutions.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Infosys: One of India's largest IT services firms with a global delivery model spanning digital transformation, cloud, AI, and team augmentation. Directly comparable to NeoSOFT in service mix (custom development, consulting, offshore delivery) but operates at vastly larger scale and brand recognition.

Direct peers

• Persistent Systems: Indian IT services company offering digital transformation, cloud, data, and software engineering services with a strong BFSI focus — directly mirroring NeoSOFT's vertical mix and offshore delivery model. Comparable in targeting mid-to-large enterprise digital transformation deals.
• Mphasis: India-based IT services firm specializing in cloud and cognitive services, application development, and digital transformation for BFSI and healthcare clients. Highly comparable mid-tier peer in scale, vertical focus, and offshore delivery model.
• Cyient: India-headquartered engineering and digital services company with similar scale (~5,000+ employees), global delivery footprint, and offerings across digital transformation, IoT, cloud, and data analytics. Directly comparable to NeoSOFT in service breadth and customer mix.
• Hexaware Technologies: Mid-sized Indian IT services firm providing digital, cloud, automation, and BFSI-focused transformation services. Closely comparable in offering mix, offshore-heavy delivery, and mid-market to enterprise client targeting.
• Birlasoft: Indian IT services company focused on digital transformation, cloud, AI, and enterprise applications with strong BFSI and manufacturing verticals — directly overlapping with NeoSOFT's primary segments and offshore delivery approach.
• Sonata Software: India-based IT services and digital transformation company offering application development, cloud, modernization, and Microsoft-platform expertise. Comparable in size, vertical depth, and emphasis on digital engineering for enterprise clients.
• Zensar Technologies: Mid-sized Indian IT services company providing digital transformation, cloud, application management, and data engineering services. Comparable mid-tier scale and offshore delivery model with similar vertical mix (BFSI, retail, manufacturing).
• GlobalLogic: Digital product engineering services company (acquired by Hitachi) with a strong offshore team augmentation and custom software development model across multiple geographies. Highly comparable to NeoSOFT in service model, though larger scale.
• Tata Elxsi: India-based design and digital services company providing software development, IoT, AI, and embedded engineering across industries. Comparable in offering breadth and offshore delivery model, with similar enterprise transformation positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCRCbn5adUPg5QFCB-Rw7L7w
• Facebookfacebook.com/neosoftpvtltd
• LinkedInlinkedin.com/company/neosoft
• Instagraminstagram.com/neosoft.official
• Xx.com/neosofttech

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NeoSOFT Technologies