Vishist

What Vishist does

Vishist Business Solutions Pvt Ltd. is an India-based product development and IT recruitment company founded in 2010 and operating as a division of US-based Pantar Solutions Inc (Charlotte, NC). Headquartered in Hyderabad with an additional office in Amaravathi, the company offers six service lines: an AI-based Track and Trace System on Cloud that uses QR codes with UUIDs to track individual products through supply chains; custom software development; IT recruitment covering Java, .NET, Node JS, React JS, Oracle SAP, and other stacks; non-IT staffing across banking, retail, pharmaceuticals, healthcare, aviation, manufacturing, construction, and related sectors; PMO-as-a-service (Business Process Outsourcing); and Skill Development Training, which has trained 15,000+ individuals with an 80% placement rate and 90% pass percentage. The company is ISO 27001:2019 and ISO 9001 certified and was founded by IIT/IIM alumni. Its client roster includes large Indian IT services firms such as Wipro, IBM, Infosys, Tech Mahindra, Mphasis, KPIT, Polaris, L&T Technology Services, and Infogain.

Vishist generates revenue primarily through professional services across recruitment and software development, with PMO-as-a-service structured as a managed services engagement. Go-to-market is sales-led via direct enterprise outreach, the company website, and US-based staffing partners. Annual turnover is disclosed at INR 7 Crores (~$840K-$875K USD), with the website claiming $9M in revenues over 7 years — a discrepancy suggesting figures may blend Vishist standalone with parent Pantar Solutions Inc's $14M annual turnover. Cumulative 5-year revenue is reported at INR 28 Crores for Vishist and $59M for Pantar. Headcount of 51-100 employees, no venture capital or private equity funding disclosed, and operations spanning India and the United States through the parent-subsidiary channel.

The business is privately held with no public listing and operates with a multi-service portfolio where IT and non-IT recruitment appear to be the primary revenue engines. The AI Track and Trace product is positioned as a distinct offering targeting supply chain visibility and counterfeiting reduction, though evidence of its commercial scale, customer adoption, or technical depth relative to enterprise supply chain platforms is limited in the available data.

Name

Vishist

Legal name

Vishist Business Solutions Pvt Ltd.

Website

https://vishistbusinesssolutions.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Vishist Business Solutions is a Hyderabad-based IT recruitment, custom software development, and supply chain traceability firm operating as a division of US-based Pantar Solutions Inc. It serves large Indian IT services enterprises with staffing, BPO, and an AI-based QR/UUID track-and-trace product.

Ownership category

akta.pro rank

Product category

IT Staffing and Software Services

NAICS

Computer Systems Design and Related Services (54151), Management Consulting Services (54161)

SIC

Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)

akta.pro primary industry

IT Procurement, Lifecycle & Asset Management Services (BPAEABAL)

akta.pro secondary industries

Product Lifecycle, NPI & Industrialization (Design-to-Operate) (BPAHAHAK), ITIL/ITSM Process Consulting & Implementation (BPAEAJAB)

Keywords

• IT recruitment services
• Custom software development
• Supply chain track and trace
• Business process outsourcing
• Skill development training

Headquarters

HQ city

Hyderabad

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. IT Recruitment: Recruitment services for IT sector including Java, C#, .NET, Node JS, React JS, Oracle SAP, Embedded, Linux, UNIX, HTML, DHTML, and XML skills.
2. Non-IT Recruitment: Staffing services for non-IT sectors including Banking & Insurance, Retail, Pharmaceuticals, Healthcare, Aviation, Manufacturing, Chemical/Petrochemical, Construction, and Advertising/Mass Communication/Event Management.
3. Custom Software Development: Designing software applications for specific users or organizations to address their precise needs, providing better user-experience compared to off-the-shelf software.
4. PMO-as-a-service (Business Process Outsourcing): Project Management Office as a service enabling organizations to focus on innovation, organizational change management, stakeholder engagement and agile, responsive enterprise operations.
5. Skill Development Training: Training services across various domains with 80% placement rate and 90% pass percentage. Has trained over 15,000 individuals including Hospitality, E-Commerce, Banking, Accounting, Retail, and technical skills.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Vishist Business Solutions is a product development and IT recruitment firm delivering six service lines: AI-based Track and Trace on the Cloud (QR code + UUID supply chain traceability), Custom Software Development, IT and Non-IT Recruitment/Staffing, PMO-as-a-service (BPO), and Skill Development Training. The firm is a division of US-based Pantar Solutions Inc and serves enterprise clients across IT, banking, pharmaceuticals, manufacturing, and other verticals.

Product overview

Vishist Business Solutions is a multi-service company offering six distinct service lines. The core technology offerings include an AI Based Track and Trace System on Cloud for supply chain product tracking using QR codes and UUID technology, and Custom Software Development for tailored applications. The company also provides staffing services for both IT (covering Java, .NET, Node JS, React JS, Oracle SAP, and other technologies) and non-IT sectors. Business Process Outsourcing is delivered through a PMO-as-a-service model focusing on project execution and organizational agility. Additionally, Skill Development Training has trained 15,000+ individuals across 20+ areas including hospitality, e-commerce, banking, digital marketing, and technical domains. The company operates as a division of Pantar Solutions Inc, a USA-based company established in 2004 by IIT/IIM alumni.

Differentiator

Problem solved

Functional benefit

Brands

• PMO-as-a-service: Project Management Office as a service component enabling organizations to focus on innovation, change management, and agile enterprise response.

Products and services

• AI Based Track and Trace System on Cloud AI-based tracking and ERP solution that traces products throughout the supply chain using QR codes with Universally Unique Identifier (UUID), enabling manufacturers to track individual products from production to end customer and reduce counterfeiting.
• Custom Software Development Design of software applications tailored for specific users or groups within an organization to address their precise needs, providing better user experience than off-the-shelf software.
• IT Recruitment Staffing services for the IT sector covering skills including Java, C#, .NET, Node JS, React JS, Oracle SAP, Embedded, Linux, UNIX, HTML, DHTML, and XML.
• PMO-as-a-service (Business Process Outsourcing) Project Management Office service enabling organizations to focus on innovation, organizational change management, stakeholder engagement, and more agile, responsive enterprise operations.
• Non-IT Recruitment Staffing services for non-IT sectors including Banking & Insurance, Retail, Pharmaceuticals, Health Care, Aviation, Manufacturing, Chemical/Petrochemical, Construction, and Advertising/Mass Communication/Event Management.
• Skill Development Training Skills development and training services covering hospitality, e-commerce, banking, digital marketing, retail, accounting, and technical fields, with an 80% placement rate and 90% pass percentage and over 15,000 individuals trained.

Quantifiable outcome

• 80% placement rate for trained individuals
• +2 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature1 record

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Cigniti Technologies: India-based pure-play software testing and digital assurance firm — comparable to Vishist's custom software development and AI-led product engineering capability, with overlapping enterprise customer profile.
• TeamLease Services: India's largest staffing and HR services firm, directly comparable on IT/Non-IT recruitment, workforce solutions, and skill development training — the same service lines that anchor Vishist's business.
• Quess Corp: Indian staffing, BPO, and facilities management company offering IT staffing, non-IT staffing, and skill development — directly overlapping with Vishist's recruitment and training offerings.
• Kellton Tech Solutions: India-based mid-market digital transformation and custom software development firm — comparable to Vishist on custom software product development and enterprise IT services.
• Firstsource Solutions: India-based BPO and PMO-style services firm operating in banking, healthcare, and communications — directly comparable to Vishist's PMO-as-a-service and non-IT staffing segments.

Broad incumbents

• Infosys: One of India's largest IT services firms with global enterprise delivery; Vishist services Infosys (and Infosys's peers) as a staffing partner and custom software vendor, making Infosys a relevant broad incumbent and indirect competitor.
• Cyient: India-based IT services and engineering solutions company with operations across multiple verticals — relevant comparable for Vishist's custom software and enterprise IT services portfolio.
• Hexaware Technologies: Mid-sized Indian IT services firm offering custom software development and IT staffing to enterprise clients — overlapping with Vishist's custom software and IT recruitment business at a larger scale.
• Persistent Systems: Indian IT services company providing custom software, digital transformation, and IT staffing — comparable to Vishist on software development and IT recruitment offerings, but at materially larger scale.
• Wipro: Global IT services major and named Vishist customer; directly comparable as a broad enterprise IT services incumbent that also sources talent from smaller Indian staffing vendors like Vishist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Vishist123
• Facebookfacebook.com/profile.php

Compliance2 records

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 Vishist