Intervest Software Technologies

What Intervest Software Technologies does

Intervest Software Technologies is a privately-held Sri Lankan technology and shared services company that operates exclusively as the in-house technology and back-office provider for the Howsam Capital Ecosystem, a diversified investment portfolio controlled by British entrepreneur Ryan Howsam. Formally incorporated in 2007 after informal software development work for Staysure began in 2005, the company delivers tailored software solutions, cloud infrastructure, customer support, data analytics, finance, and HR services to ecosystem brands including Staysure, ROCK Insurance, Avanti Travel Insurance, Petgevity, and PayingTooMuch. Its services are organized across three Sri Lankan entities — Intervest Advanced Technologies Ltd. (Software Delivery Center), Intervest Global Delivery Ltd. (Business Delivery Centre), and Intervest Trading Corporation Ltd. — operating from two floors of Mireka Tower in Colombo with 300+ technology professionals and 150+ business delivery staff.

The underlying technology stack is built on a microservices-based architecture with AI capabilities, configured for scalability and independent cross-functional team delivery. Engineering offerings span platform development, maintenance, and cloud provisioning, while the Global Delivery Centre handles web chat, call centre, analytics, finance, and HR functions for group companies. Intervest's revenue model combines professional services (custom software development), managed services (shared back-office), and subscription-based cloud infrastructure, all delivered via direct B2B engagement to a single related-party client base.

The company is wholly owned within the Howsam Capital structure, has no external funding rounds, no public listing, and no disclosed revenue figures. Both Intervest Global Delivery (Pvt) Ltd and Intervest Software Technologies (Pvt) Ltd operate as appointed representatives of Howserv Ltd under FCA regulation (FRN 599282), and the company holds ACCA Approved Employer status. Growth has been entirely organic, driven by expansion of both the parent ecosystem and the breadth of services Intervest provides to it.

Name

Intervest Software Technologies

Legal name

Intervest Software Technologies (Pvt) Ltd

Website

https://intervest.lk

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Intervest Software Technologies is a Sri Lanka-based technology and shared services provider that delivers software engineering, cloud infrastructure, customer support, and back-office functions exclusively to the Howsam Capital Ecosystem of insurance and travel brands.

Ownership category

akta.pro rank

Product category

InsureTech software and shared business services

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Application Integration & API/Middleware Services (BPAEAAAF)

akta.pro secondary industry

Strategy & IT Advisory (BPAEAAAA)

Keywords

• InsureTech software solutions
• TravelTech platforms
• Cloud infrastructure services
• Custom software development
• Shared business services

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Software Development Services: Custom software solutions and technology services for insurance and travel industries, including platform development, maintenance, and enhancement
2. Shared Services: Global Delivery Centre providing customer support (web chat and call centre), data analytics, finance and HR functions to group companies
3. Cloud Infrastructure Services: Cloud infrastructure provisioning and management for group companies

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

Intervest Software Technologies is the exclusive technology and shared services provider for the Howsam Capital Ecosystem, delivering tailored InsureTech and TravelTech software solutions, cloud infrastructure, and back-office shared services (customer support, data analytics, finance and HR) to portfolio companies such as Staysure, ROCK Insurance, Avanti, Petgevity and PayingTooMuch. Operations are delivered from a microservices-based Software Delivery Center and a separate Global Delivery Centre, both based in Colombo, Sri Lanka.

Product overview

Intervest Software Technologies operates as a specialized provider of software solutions and shared services for the insurance and travel industries within the Howsam Capital Ecosystem. The company is structured into three distinct entities: Intervest Advanced Technologies Ltd. (Software Delivery Center) handles tailored software solutions and cloud infrastructure with AI capabilities; Intervest Global Delivery Ltd. (Business Delivery Centre) provides customer support, data analytics, finance and HR functions; and Intervest Trading Corporation Ltd. The Engineering & Technology division delivers InsureTech-focused software solutions and cloud infrastructure, while the Global Delivery Centre offers shared services including call centre support, data analytics, and back-office functions. Together these entities form an integrated ecosystem enabling group-wide innovation through shared infrastructure and integrated data.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering & Technology Services (Software Delivery Center) Tailored custom software development and robust cloud infrastructure services for leading insurance and travel industry brands within the Howsam Capital Ecosystem, leveraging decades of InsureTech domain expertise and a microservices-based architecture with AI capabilities. Targeted at enterprise clients in the InsureTech and TravelTech sectors within the Howsam Capital portfolio.
• Global Delivery Centre Services (Business Delivery Centre) Comprehensive shared business services delivered to portfolio companies, including customer support via web chat and call centre, data analytics, and finance and HR functions. Targeted at enterprise clients in the InsureTech and TravelTech sectors within the Howsam Capital portfolio.

Quantifiable outcome

• Staysure voted Best Company for Travel Insurance for 8 consecutive years by British Travel Awards
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• Howsam Capital EcosystemcoreStrategic or Co-development Partner · 1 January 2007Intervest is the exclusive technology and shared services provider within the Howsam Capital Ecosystem, a portfolio of high-growth companies in Travel Tech, InsureTech, Retail, and Logistics. This includes exclusive provision of software solutions, cloud infrastructure, and shared services (customer support, data analytics, finance, HR) across the group.
• Staysure GroupcoreStrategic or Co-development PartnerLeading UK travel insurance provider specialising in coverage for over-50s and those with pre-existing conditions. Intervest provides technology solutions and shared services to support Staysure's operations and digital infrastructure.
• ROCK Insurance GroupmajorStrategic or Co-development PartnerUK-based travel insurance intermediary acquired by Staysure Group in 2021. Operating as standalone business receiving technology, product design, and fulfillment services support.
• Avanti Travel InsurancemajorStrategic or Co-development PartnerUK-based travel insurance company established in 2009, now administered by Howserv group. Intervest provides technology and operational support services.
• PetgevitymajorStrategic or Co-development PartnerUK-based pet insurance provider offering customizable lifetime coverage for cats and dogs. Intervest provides technology and shared services support.
• PayingTooMuchmajorStrategic or Co-development PartnerAward-winning UK-based travel insurance price comparison website collaborating with over 40 providers. Intervest provides technology infrastructure support.
• Legends TourminorStrategic or Co-development PartnerEurope's premier senior golf tour acquired by Ryan Howsam in 2020. Part of the broader Howsam Capital investment portfolio.
• HedoineminorStrategic or Co-development PartnerPart of Howsam Capital investment portfolio in lifestyle/retail sector. Intervest provides shared services support.
• HolibobminorStrategic or Co-development PartnerPart of Howsam Capital investment portfolio. Intervest provides technology and shared services support.
• Grass & Co.minorStrategic or Co-development PartnerPart of Howsam Capital investment portfolio. Intervest provides shared services support.
• PackamamaminorStrategic or Co-development PartnerPart of Howsam Capital investment portfolio. Intervest provides shared services support.

Scale indicators7 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Infosys: Infosys is a major global IT services provider with extensive insurance industry consulting and systems integration capabilities, including Finacle and other platforms serving insurers. It represents a broader incumbent alternative for the kind of insurance technology and platform engineering work Intervest performs.
• Cognizant: Cognizant is a large global IT services company with a dedicated Insurance practice providing custom software development, digital transformation, and platform engineering to leading insurers worldwide. It represents the scaled, multi-geography alternative to Intervest's specialized Sri Lankan InsureTech delivery model.
• DXC Technology: DXC Technology is a global IT services incumbent with a substantial insurance industry practice (DXC Insurance), offering systems integration, application development, and BPO services to large insurers. It competes for the same type of insurance technology services work that Intervest delivers to its captive client base.

Direct peers

• WSO2: WSO2 is a Sri Lankan-founded open-source middleware and API management platform company whose core products directly serve the application integration and API/middleware space that Intervest operates in for InsureTech platforms. Both companies are anchored in Sri Lankan technology talent with API/integration expertise.
• 99x: 99x is a Sri Lankan software product engineering services company providing custom development, microservices, and cloud solutions to global clients across industries including financial services. It directly compares to Intervest in offering Sri Lankan-based software engineering with modern architectural practices (microservices, cloud).
• Sysco LABS: Sysco LABS is the Sri Lankan captive technology innovation arm of Sysco Corporation, operating a similar model to Intervest as a wholly-owned technology subsidiary delivering software engineering and digital services to a single corporate parent. It shares Intervest's structure of operating a dedicated Sri Lankan delivery center for an overseas parent.
• Virtusa: Virtusa is a Sri Lanka-headquartered IT services firm that provides custom software development, digital transformation, and systems integration for global banking, financial services, and insurance clients. Like Intervest, it leverages Sri Lankan engineering talent to deliver technology services to international clients, with deep domain expertise in financial services.
• WNS Global Services: WNS Global Services is a Sri Lanka-headquartered BPO and IT services company where Intervest's MD Ajith Dandeniya previously led a major finance/accounting shared services operation for AVIVA. Both companies operate shared services and BPO centers from Sri Lanka serving global insurance and financial clients.
• Zone24x7: Zone24x7 is a Sri Lankan AI and machine learning solutions provider serving global enterprises, including those in retail, insurance, and logistics. It directly parallels Intervest's recent AI capability investment and Sri Lanka-based delivery model for international clients.

Regional players

• London Stock Exchange Group (Sri Lanka Operations): LSEG operated a large shared services technology center in Sri Lanka where Ajith Dandeniya led a 700+ member team, before its eventual transition. It represents a comparable captive-style global delivery operation in Sri Lanka serving a UK-headquartered financial services parent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/IntervestSoftware
• LinkedInlinkedin.com/company/intervest-software-technologies-private-limited/?viewAsMember=true
• Instagraminstagram.com/intervest_software

Compliance2 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 Intervest Software Technologies