What We3 Tech does

We3 Tech (legal entity: W3Tech Works Private Limited) is a privately held software development and services company headquartered in Mumbai, India, operating with a workforce of 51-100 employees. The company delivers custom software solutions across four core service lines: application development, mobile app development, AI and machine learning services, and e-commerce solutions, built primarily on Microsoft .NET Core, MVC, React JS, Flutter, and SQL stacks. Beyond services, We3 Tech operates three proprietary product lines: MaxFolio (an investment portfolio platform with curated portfolios and live tracking for brokers and individual investors), eKYC (an electronic KYC compliance solution for the Banking and Finance sector integrated with UIDAI, NSDL, and DigiLocker), and VIVI Card (a digital card/payments product).

The company follows a sales-led go-to-market model, targeting enterprise clients through direct engagement, with eight publicly disclosed marquee customers concentrated in Indian Banking and Financial Services (HDFC, ICICI Bank, Barclays, Angel One, Motilal Oswal, TradeBook, Ebix Cash, Mangal Keshav). The primary revenue stream is professional services for custom software development, with no publicly disclosed pricing, no SaaS metrics, and no external funding rounds recorded, indicating founder/independently operated ownership. Distribution is facilitated through a website contact form with department-level routing (Sales, Marketing, Customer Support) and direct enterprise engagement.

The company's stated intent is to extend operations globally beyond its current India-only footprint. Partnerships with UIDAI, NSDL, and DigiLocker serve as core technology integrations anchoring its eKYC offering to government-authorized identity verification infrastructure, creating a compliance-aligned positioning within the Indian BFSI sector.

Name

We3 Tech

Legal name

W3Tech Works Private Limited

Website

https://we3.tech

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

We3 Tech is a Mumbai-based software services and product company (51-100 employees) that delivers custom application, mobile, e-commerce, and AI/ML development, alongside proprietary products (MaxFolio investment platform, eKYC compliance solution, VIVI Card), primarily serving enterprise Banking and Financial Services clients in India.

Ownership category

akta.pro rank

Product category

Custom Software Development

NAICS

Custom Computer Programming Services (541511), Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151)

SIC

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

akta.pro primary industry

Financial Planning & Analysis (FP&A) & BI (HDAEAMAG)

akta.pro secondary industries

Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance (BPAEAPAG), AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC)

Keywords

• Custom software development
• Mobile app development
• EKYC verification solutions
• Investment platform software
• AI machine learning services

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Custom Software Development Services: Development of customized software solutions including application development, mobile app development, AI & machine learning services, and e-commerce solutions using state-of-the-art technologies.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

We3 Tech Works (W3Tech Works Private Limited) is a Mumbai-based software development company that designs and delivers customized software solutions, including proprietary products such as MaxFolio (an investment platform for brokers and individual investors), eKYC (an electronic KYC solution for the Banking and Finance Industry integrated with UIDAI, NSDL, and DigiLocker), and VIVI Card (a digital card/payments solution). The company also offers software development services across application development, mobile app development, e-commerce solutions, and AI & machine learning using technologies such as Microsoft .Net Core, MVC, React JS, Flutter, and SQL.

Product overview

We3 Tech offers a portfolio of specialized software products including MaxFolio (an investment platform for brokers and individual investors), eKYC (an electronic KYC solution for the banking and finance industry), and VIVI Card (a digital card solution). The company also provides software development services including Application Development, Mobile App Development, E-Commerce Solutions, and AI & Machine Learning services, developed using technologies such as Microsoft .Net Core, MVC, React JS, and Flutter.

Differentiator

Problem solved

Functional benefit

Brands

• MaxFolio: Investment platform that simplifies investing for brokers and individual investors, offering portfolio management, analytics, and real-time tracking.
• eKYC
• VIVI Card

Products and services

• MaxFolio Investment platform that simplifies investing for brokers and individual investors, offering fast setup, strategically curated portfolios, insight-powered analytics, and live portfolio tracking.
• eKYC Electronic Know Your Customer solution for the Banking and Finance Industry, integrated with UIDAI, NSDL, and DigiLocker for identity verification. Configurable with admin panel for data revision, built on .Net Core/SQL backend with React JS (web) and Flutter (mobile) front end.
• VIVI Card Digital card solution for digital payments and transactions, accessible at vivicard.in.
• Application Development Services Custom application development services delivered to enterprise clients using latest technologies such as .Net Core, MVC, and React JS.
• Mobile App Development Services End-to-end mobile application services covering design through management, delivered using Flutter, Swift, Kotlin, and Android Native technologies.
• E-Commerce Solutions Development and management of e-commerce websites tailored to client anticipations, supporting smooth functioning of online storefronts.
• AI & Machine Learning Services Design of ML-based models for predictive analytics, natural language understanding and processing, text analytics, sentiment analysis, and recommendation engines for enterprise use cases.

Quantifiable outcome

• Fast and simple investment setup allowing users to start investing in minutes
• +1 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• UIDAI (Unique Identification Authority of India)coreTechnology or IntegrationIntegration partner for eKYC solution providing Aadhaar-based identity verification services required for Banking and Finance Industry compliance.
• NSDLcoreTechnology or IntegrationIntegration partner for eKYC solution providing PAN verification and other identity validation services for regulatory compliance.
• DigiLockercoreTechnology or IntegrationIntegration partner for eKYC solution enabling document verification and storage services for compliance and identity verification.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Persistent Systems: Mid-sized Indian IT services and digital engineering firm with a strong BFSI vertical presence, custom software development, and emerging product/subscription revenue — directly comparable to We3 Tech's service-plus-product mix, though at meaningfully larger scale.
• Coforge: Indian mid-cap IT services firm specializing in BFSI, travel, and healthcare with deep enterprise relationships in the same client segments We3 Tech serves (banks, brokerages), and a similar blend of application development and domain-specific solutions.
• Mphasis: India-based IT services company with a heavy BFSI focus (particularly US and UK banks), offering custom application development, AI/ML services, and digital transformation — a closely comparable business model and customer profile to We3 Tech, albeit at significantly larger scale.
• Zensar Technologies: Indian digital and IT services firm providing custom application development, AI/ML, and digital commerce solutions to enterprise clients including financial services — comparable in services mix and customer base to We3 Tech.
• Xoriant: Mid-sized US-India hybrid software engineering and digital transformation firm with strong BFSI and fintech clients, offering custom development and product engineering — a closely comparable size and services profile to We3 Tech.

Broad incumbents

• Infosys: One of India's largest IT services firms offering custom software development, AI, and digital transformation across all verticals including BFSI. Overlaps with We3 Tech's offerings as a broad incumbent rather than a direct competitor at the SMB/mid-market level.
• Tata Consultancy Services (TCS): Global IT services leader with deep BFSI relationships and broad custom software, AI/ML, and digital offerings. A broad incumbent that competes for the same enterprise RFPs as We3 Tech, particularly with large Indian banks.
• Mindtree (Larsen & Toubro Infotech / LTIMindtree): Indian IT services firm with strong BFSI vertical exposure and capabilities spanning application development, mobile, cloud, and AI — overlapping with We3 Tech's service catalog and target client base, at much larger scale.

Emerging players

• Turtlemint: Indian insurtech/fintech platform — comparable to We3 Tech in that it serves Indian BFSI customers with a digital product-led approach, though Turtlemint focuses on insurance distribution rather than KYC/investment technology.

Others

• InMobi (Glance): India-based technology company that began as a software product company and scaled into a global platform business — useful as a peer reference for what an Indian-born, bootstrapped-to-funded software firm can become with the right product traction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 We3 Tech