Name

Fast Facts

Legal name

Newgen DigitalWorks Private Limited

Website

https://fastfacts.co.in

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software License (On-Premise): One-time payment for on-premise software license, with annual maintenance cost each year. This contrasts with SaaS subscription models which require year-on-year payments.
2. Annual Maintenance Contract (AMC): Annual maintenance contracts for software support, upgrades, and updates. Contact email [email protected] is listed for AMC-related inquiries.
3. Product Upgrades and Corrections: Regular product updates and corrections distributed to customers, including TdsPac, SalTds, PayPac, FAMS, eTdsWizard, Excel Correction, and Digital Signer modules.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

FASTFACTS provides automated Indian direct tax and compliance software sold as on-premise perpetual licenses with annual maintenance. Core products include TdsPac and TdsERP (TDS computation, deposit, return filing and correction), PayPac (payroll processing with ESI/PF/PT/TDS statutory compliance), FAMS and WebFAMS (fixed asset lifecycle management with QR/barcode tracking), 26AS and 34A Reconcilers, the PO Module, and utility tools such as eTdsWizard, SalTds, Digital Signer, and the Default Notice Forecaster (DNF).

Product overview

FASTFACTS is a comprehensive compliance suite offering a portfolio of automated tax management products and services. The core offerings include TdsPac (TDS management), TdsERP (ERP-integrated TDS), FAMS (Fixed Asset Management), and PayPac (Payroll Compliance), along with specialized reconciliation tools like 26AS Reconciler and 34A Reconciler. These products serve 8,000+ businesses and 30,000+ users across India, with TdsPac available in Enterprise, SQL, and Suite variants. The suite is powered by Newgen DigitalWorks, spanning over 20 years of direct tax software expertise.

Differentiator

Problem solved

Functional benefit

Brands

• TdsPac: Complete TDS Management Solution for computing to filing
• TdsERP
• 26AS Reconciler
• 34A Reconciler
• FAMS
• PayPac
• PO Module

Products and services

• TdsPac Complete TDS (Tax Deducted at Source) management solution handling computing, compliance, and filing from A to Z. Available in Enterprise, SQL, and Suite variants for businesses of different scales.
• TdsERP TDS management solution integrated with ERP systems for enterprise businesses with complex transaction management needs and large-scale operations.
• 26AS Reconciler Technology-enabled automated reconciliation of 26AS statements with TDS Receivable ledgers, resolving vendor name mismatches and ensuring accurate TDS claims.
• 34A Reconciler Automated reconciliation tool for Form 34A transactions to ensure accurate tax reporting.
• FAMS (Fixed Asset Management System) Fixed Asset Management System providing complete asset lifecycle management from procurement to disposal, with QR/barcode tagging, physical verification, geo-tagging, and depreciation calculation per IND AS, Companies Act 2013, and Income Tax Act 1961.
• WebFAMS Web-based comprehensive Fixed Asset Management Solution with transfer module, automated acceptance, and real-time physical verification for multi-location enterprises.
• PayPac Flexible payroll compliance solution managing statutory filings (ESI/PF/PT/TDS), payroll processing, and employee self-service portal for Indian businesses.
• PO Module End-to-end Purchase Order system with customizable approval workflows, asset request management, and automated challan generation.
• SalTds Salary TDS management solution for handling TDS on employee salaries and related statutory compliance.
• eTdsWizard Desktop application for e-TDS return filing and preparation of correction returns.
• Default Notice Forecaster (DNF) / eTdsDNF Forecasting tool for likely TRACES notices, enabling proactive corrective action for TDS compliance.
• eFiling Tax Audit Tax audit e-filing software supporting AY 2014-15 through AY 2020-21 for CA firms and corporates.
• ITRWizard Income Tax Return filing wizard supporting AY 2012-13 through AY 2020-21 for individual and corporate filers.
• Excel Correction Correction utility for TdsPac and SalTds to fix data entry errors in TDS returns.
• Digital Signer Digital signature utility for signing electronic tax documents and filings.
• FAMS Mobile Application Mobile application for real-time asset tracking, geo-tagging, and physical verification using QR code scanning across multiple locations.
• Web Module Web-based module for remote access to TdsPac functionality.

Quantifiable outcome

• 99% accuracy on PAN verification
• +7 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature8 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Newgen DigitalWorks Private LimitedcoreOthersFASTFACTS is a unit of Newgen DigitalWorks Private Limited. Newgen was incorporated in 1996 and operates across Publishing, Technology, SAAS, E-Learning, and Digital Services with subsidiaries in US, UK, Europe, and South East Asia.
• Master PartnerscoreChannel Partner/ Reseller/ DistributorMaster partners understand the needs of clients and provide solutions that fit best. This is the key function of the master partner program.
• Premium PartnerscoreChannel Partner/ Reseller/ DistributorPremium partners offer exclusive services and incalculable benefits to clients, standing at the core of the premium partner program.
• Referral PartnersminorChannel Partner/ Reseller/ DistributorReferral partners associate with FASTFACTS and recommend products, helping build a well-established network across the country.
• Integration PartnerscoreTechnology or IntegrationIntegration partners empower companies with interrelated technologies to integrate with FASTFACTS solutions, thereby benefiting customers.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ClearTax: India's largest cloud-native tax compliance platform offering e-filing, GST, TDS, and business tax solutions. Directly competes with FASTFACTS in the Indian tax compliance software category but with a SaaS-first delivery model that contrasts FASTFACTS' on-premise approach.
• Tally Solutions: India's dominant accounting and compliance software (Tally Prime) with embedded TDS, payroll, and statutory modules. Overlaps with FASTFACTS on payroll compliance and TDS handling for Indian SMBs and mid-market, though Tally is broader in scope and brand-dominant.
• Zoho (Books, Payroll, Expense): Cloud-based accounting, payroll, and compliance suite widely adopted by Indian SMBs. Competes with FASTFACTS' PayPac and reconciliation modules through a SaaS model, with aggressive pricing for the Indian market.
• Busy Accounting Software: Indian accounting, inventory, and payroll software primarily for SMBs. Comparable to FASTFACTS in target customer (Indian businesses) and functional coverage (payroll, tax, statutory reporting), though with a narrower TDS specialization.

Broad incumbents

• SAP India (SAP HANA / S/4HANA): Global ERP giant whose tax and compliance modules in SAP HANA and S/4HANA directly integrate with enterprise finance functions. FASTFACTS' TdsERP integrates with SAP HANA, positioning FASTFACTS as a complementary specialist to SAP's broader ERP suite.
• Oracle India (NetSuite / E-Business Suite): Enterprise ERP and finance suites with embedded tax compliance capabilities. Competes broadly with FASTFACTS in the enterprise segment where customers can choose between ERP-native tax modules versus best-of-breed compliance tools like TdsPac.
• Wolters Kluwer (CCH / TeamMate): Global provider of tax, accounting, and audit compliance software to corporates and audit firms. Comparable in serving audit firms and corporate tax departments with deep regulatory content, though focused on Western markets and global MNCs.
• Thomson Reuters (ONESOURCE): Global corporate tax and trade compliance software platform. Comparable to FASTFACTS in serving multinational enterprises with tax compliance, though operating at much larger scale and broader geographies.

Regional players

• Intuit QuickBooks India: Cloud accounting platform with Indian localization for small businesses. Competes in the same Indian SMB segment as FASTFACTS' PayPac and FAMS, though QuickBooks' India presence is modest compared to its US dominance.
• Avalara: Global cloud-based tax compliance automation platform primarily focused on sales tax, VAT, and indirect taxes. Conceptually similar to FASTFACTS as a tax-tech specialist, though Avalara does not have meaningful Indian TDS coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/fastfactspoweredbynewgen
• LinkedInlinkedin.com/company/fast-facts-poweredbynewgen

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Fast Facts