What Insoft does

Insoft (legal entity Insoft.Com Private Limited) is a Belgian-owned IT services company founded in 1998 and headquartered in Chennai, India, with a secondary EU office in Schoten, Antwerp and marketing hubs in Belgium, Spain, and Australia. It operates two clearly delineated service lines. The first, branded Insoft Offshore Services, provides dedicated offshore development teams and project-based custom software, mobile, and web development, anchored by an Offshore Development Center (ODC) model in which teams integrate with client documentation, workflows, and coding practices. The second, branded Insoft Odoo, is an Odoo Silver Partner offering full-cycle ERP implementation, customization, migration, integration, support, and training across 17+ Odoo modules (CRM, Sales, Inventory, Accounting, HR, Project, eCommerce, Manufacturing, Help Desk, etc.). The underlying technology stack spans Microsoft (.NET, WCF, SharePoint, SQL Server), open-source (PHP, Python, Laravel, Drupal, WordPress, Magento, MySQL, MongoDB), Oracle, mobile (Android, iOS, Flutter), Java (J2EE, Spring, Hibernate), and front-end frameworks (Angular, React), supplemented by Microsoft Silver Certified Partner status.

Insoft generates revenue through professional-services engagements priced per developer per month (test projects fixed at €3,000/developer/month, full-time programmers averaging 170 hours per month, with up to 100 additional man-hours of specialist support included), milestone- or monthly-based billing for project work, and Odoo implementation/managed-service contracts. Go-to-market is primarily direct enterprise field sales supplemented by self-service consultation booking via odoo.insoft.com, with reported coverage of clients in 14 countries across South Asia, Western Europe, the Middle East, North America, Southern Europe, and Oceania.

The customer base is segmented by client type: 39% consultancy companies, 28% IT development companies, 19% technology companies, and 14% outplacement companies, with named engagements including Vincotte, store-anything.com, and a ten-plus-year partnership with a Belgian business consultancy. Cumulative scale is ~600 projects spanning engagements from three-man-days to sixty-four man-years. The company is privately held with no disclosed funding rounds, parent company, or M&A activity; leadership is anchored by founding Belgian CEO Georges Baekelmans, supported by a secondary CEO (Tamás Rajacsics), Director & Chief of Indian Operations (Mrs. N Vadivambiga), and General Manager (B Srinivasan). AI, IoT, and blockchain are referenced in marketing copy but are not materially substantiated by product disclosures.

Name

Insoft

Legal name

Insoft.Com Private Limited

Website

https://insoft.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

Insoft is a Belgian-owned, Chennai-headquartered IT services firm founded in 1998, offering dedicated offshore software development teams and Odoo Silver Partner ERP implementation to consultancies, IT developers, technology firms, and SMEs across 14 countries.

Ownership category

akta.pro rank

Product category

Offshore IT Services and Odoo ERP Implementation

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

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

akta.pro secondary industry

Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

• Offshore software development
• Odoo ERP implementation
• IT staffing services
• Custom software development
• Enterprise application development

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Offshore Development Services: Monthly developer fees for dedicated offshore development teams. Test projects priced at €3,000 per developer per month with all costs included (analyst, project manager, graphic designer, tester, system engineer, technical writer support). Full-time programmer works average 170 hours per month.
2. Odoo ERP Implementation: Full-cycle Odoo ERP solutions including consultation, implementation, customization, migration, integration, support, maintenance, and training services for businesses across various industries.
3. IT Staffing Services: Onsite staffing services providing skilled professionals to meet project demands, with seamless integration and enhanced productivity through tailored staffing solutions.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Insoft delivers tailored offshore software development services from its Chennai delivery centre, providing custom development, mobile and web applications, IT consulting, business analysis, third-party testing, and onsite staffing to technology companies and consultancies in Europe and the US. The firm also operates as an Odoo Silver Partner, providing full-cycle Odoo ERP implementation, customization, migration, integration, support, and training for businesses across India, Europe, and Dubai. An all-inclusive monthly developer fee model covers dedicated teams plus analyst, project manager, graphic designer, tester, system engineer, and technical writer support.

Product overview

Insoft is an IT services company offering two primary service lines: Offshore Development Services and Odoo ERP Solutions. The Offshore Development Services provide custom software development, mobile application development, web programming, business analysis, graphic design, third-party testing, and onsite staffing for IT companies globally. The Odoo ERP Solutions offer full-cycle implementation of Odoo's integrated business management platform, which includes core modules for CRM, Sales, Inventory, Accounting, HR, Project Management, Website/eCommerce, and Point of Sale, supplemented by specialized modules for Manufacturing, Timesheet, Email Marketing, Expenses, Events, Documents, and Help Desk. The company operates from Chennai, India with marketing hubs in Belgium, Spain, and Australia, serving clients in India, Europe, and Dubai.

Differentiator

Problem solved

Functional benefit

Brands

• Insoft Offshore Services: Offshore development center services providing dedicated development teams for IT companies, including custom development, mobile applications, and web programming.
• Insoft Odoo

Products and services

• Offshore Development Services Tailored offshore software development including custom development, enterprise systems, IT consulting, mobile software engineering, and web programming delivered from offshore development centres in India. Engagements are typically dedicated teams of a few dozen engineers operating on the client's documentation formats, workflows, and coding practices.
• Odoo ERP Implementation Services

Quantifiable outcome

• 50% cost savings compared to hiring developers on payroll in Western Europe
• +4 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• OdoocoreTechnology or IntegrationOdoo Silver Partner providing comprehensive Odoo ERP solutions including implementation, customization, migration, integration, support, maintenance, and training. Specializes in full Odoo implementation for businesses across India, Europe and Dubai.
• MicrosoftcoreTechnology or IntegrationMicrosoft Silver Certified Partner demonstrating commitment to quality and excellence. Supports Microsoft Technologies including ASP.Net, WCF, SharePoint, SQL Server, and related tools.
• Training Institutions and UniversitiessupportingStrategic or Co-development PartnerPartnership with leading training institutions and universities to ensure staff can be retrained on short notice by certified instructors, staying ahead with latest trends and innovations.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• BoTree Technologies: BoTree is a similar-sized offshore software development firm with a comparable ODC/dedicated-team model serving US and international clients. Its technology-stack breadth and pricing structure directly mirror Insoft's positioning as a mid-tier offshore dev partner.
• Damco Solutions: Damco Solutions is an India-based IT services firm offering offshore development, mobile apps, and enterprise software — a near-direct match on service catalog, target buyer (US/EU SMEs), and offshore delivery model.
• Tatvasoft: Tatvasoft is an Indian offshore software development company serving global SMBs and enterprises with custom software, web, and mobile development. Scale, technology-stack breadth, and consulting-led sales process are highly comparable to Insoft.
• SerpentCS: Serpent Consulting Services is an India-headquartered Odoo partner with strong implementation and customization credentials — a direct peer on Insoft's Odoo ERP service line and a similar tier within the Odoo partner ecosystem.
• Brainvire Infotech: Brainvire is an India-based IT services firm with an active Odoo ERP practice alongside custom software development, competing head-to-head with Insoft in Odoo implementation plus offshore development across US/EU clients.
• Cygnet Infotech: Cygnet Infotech is an Indian IT services firm with similar breadth across Odoo/ERP implementation, custom software, and quality engineering — a direct overlap in service catalog and target markets.

Regional players

• Cegeka: Cegeka is a Belgium-headquartered IT services group with India delivery centres offering managed services, application development, and ERP. Its Belgian origin makes it a natural comparable on geography, European-client focus, and India delivery model.
• Delaware Pro: Delaware is a Belgian-founded IT consultancy with global delivery including India operations, specialized in ERP (SAP, Microsoft) implementation — comparable to Insoft on European-owned, India-delivered IT services with ERP depth.

Broad incumbents

• UST Global: UST Global is a much larger digital-IT services provider serving global enterprises across banking, healthcare, and retail. It overlaps Insoft on custom software, digital transformation, and emerging-tech services, though at significantly greater scale and breadth.
• Cyient: Cyient is a global engineering and IT services firm combining custom software, embedded systems, and digital services across multiple verticals, overlapping Insoft in custom development and engineering services at substantially greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@Wedoodooinsoft
• LinkedInlinkedin.com/company/insoft
• Xx.com/insoft_india
• Facebookfacebook.com/Insoftdotcom

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Insoft