What Auric Solutions does

Auric Solutions Private Limited (ASPL) is a New Delhi-headquartered, multi-divisional Indian services firm founded in 2016 by Ashish Pandey. It delivers IT services centered on e-governance and digital transformation for central and state government clients, alongside engineering, civil infrastructure, and EPC capabilities in power transmission, substations, renewable energy, optical fiber, and water/sewage treatment plants. The firm also distributes crop insurance under the PMFBY framework, operates healthcare initiatives through subsidiary Auricare, and runs infrastructure activities through Auric 3D, targeting Indian government and enterprise buyers across multiple regulated verticals.

The firm's business model is project- and contract-based, monetizing through government tenders, RFPs, EPC project awards, and insurance distribution commissions rather than recurring SaaS subscriptions. Customer-facing offerings include the proprietary ASDM delivery model for state-level digital governance programs, hospital management systems, and turnkey environmental compliance services aligned with CPCB/SPCB norms. Distribution is direct, leveraging the founder's prior advisory relationships with bodies such as UIDAI, NeGP, and Digital India initiatives, supplemented by offices in Gurgaon, Pune, and Vijayawada to access regional procurement pipelines.

Auric's revenue model and scale are not publicly disclosed; the visible footprint across at least five verticals, three regional offices, and active hiring suggests an operationally small but diversified contractor competing for government and institutional mandates. The group's strategic posture is to bundle IT services with physical infrastructure and regulated-services adjacencies, capturing multiple points of public-sector spend under a single corporate brand.

Name

Auric Solutions

Legal name

Auric Solutions Private Limited

Website

https://auricsolutions.co.in

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Auric Solutions is a New Delhi-based, multi-divisional Indian firm founded in 2016 that delivers IT services, e-governance, civil and power EPC, crop insurance, and environmental compliance primarily to central and state government clients across India.

Ownership category

akta.pro rank

Product category

IT Services and Engineering Solutions

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372)

akta.pro primary industry

Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM)

akta.pro secondary industry

Healthcare Provider ERP (Hospital Operations, Supply Chain, Finance) (HDAEAEAH)

Keywords

• IT consulting services
• System integration
• E-governance solutions
• Water treatment EPC
• Power infrastructure services

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. IT Consulting Services: Focus on enhancing business performance of customers and partners by streamlining processes, reducing organizational risk with cost saving and leveraging global sourcing. Services span entire application development lifecycle.
2. Managed Services: Helping clients maximize return on IT investments with comprehensive managed services offerings. Facility management services covering functional and technical support on multiple technologies.
3. System Integration: Connecting organization's legacy systems to create complete digital enterprise. Acting as eGovernance System Integrators for government projects.
4. Capacity Building: Services in educational, industrial and corporate segments including skill development programs, ICT training, and smart school solutions.
5. Power and Energy EPC Services: Engineering services, procurement and construction services for power infrastructure projects including transmission lines, substations, solar power, smart metering.
6. Insurance Services: Insurance broker services with dedicated service offerings for claims using mobile apps and user-friendly portals. Worked with over 2 million farmers on weather-based crop insurance and PMFBY.
7. Water & STP Solutions: Water and sewage treatment plant turnkey projects treating industrial, commercial and domestic wastewater to CPCB/SPCB norms.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Auric Solutions is a multi-divisional services company that delivers IT consulting, system integration, and managed services alongside engineering and civil infrastructure (water treatment, sewage treatment plants), power and energy solutions (EPC, solar, smart meters), and insurance services (crop insurance, PMFBY). It also develops reusable e-Governance software components and a Hospital Management System for public-sector and enterprise customers.

Product overview

Auric Solutions is a multi-divisional company offering IT services and solutions along with engineering and infrastructure services. The IT Solutions division offers a comprehensive suite of services including Consulting, Project Management, Managed Services, System Integration, Capacity Building, and Industry Solutions (Government, Manufacturing, Retail, Education, Healthcare, BFSI). The company also operates in Power and Energy (EPC, Solar, Smart Meters), Engineering & Civil Infrastructure (Water Treatment, STP Plants), and Insurance sectors. The portfolio includes named products like the Health Management System (HMS) for hospitals and various specialized solutions for e-Governance, education, and manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• IT Consulting and System Integration Services Consulting-led IT advisory and end-to-end system integration for government and enterprise clients across healthcare, manufacturing, retail, education, and BFSI verticals.
• Managed IT Services Ongoing management, monitoring, and support of client IT environments and applications.
• Water Treatment and Sewage Treatment Plant (STP) Solutions Design, engineering, and execution of water treatment and sewage treatment plants for municipal and industrial clients.
• Power and Energy EPC Solutions Engineering, procurement, and construction services for power and energy projects including solar installations and smart metering deployments.
• Insurance Services (Crop Insurance / PMFBY) Insurance service offerings focused on crop insurance and the Pradhan Mantri Fasal Bima Yojana (PMFBY) program for agricultural stakeholders.
• e-Governance Reusable Components Pre-built reusable software components designed to accelerate e-Governance application development for government and public-sector customers.
• Hospital Management System (HMS) Software product for managing hospital operations including patient, clinical, and administrative workflows, targeted at healthcare providers.

Quantifiable outcome

• 98% customer satisfaction in resource management
• +1 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• CPCB / SPCBminorOthersWater and STP plants are 100% capable to treat wastewater and give results as per described norms of CPCB / SPCB (Central Pollution Control Board / State Pollution Control Board).

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Tata Consultancy Services (TCS): India's largest IT services firm with a dedicated government and e-governance vertical. Overlaps with Auric on consulting, SI, managed services and large-scale public sector transformation projects.
• Larsen & Toubro (L&T) Construction: India's largest EPC contractor for power transmission, substations, solar and water infrastructure. Comparable to Auric on Power & Energy EPC and Water/STP turnkey project work, but at a dramatically larger scale.
• HCL Technologies: Global IT services firm with strong infrastructure services and system integration practice serving public sector and enterprise clients. Overlaps with Auric on managed services, SI and infrastructure solutions.
• Wipro: Large Indian IT services company serving enterprise and government clients across consulting, SI, cloud and managed services. A broad incumbent comparable across all of Auric's IT service lines.
• Infosys: Global Indian IT services and system integration major with deep government and enterprise consulting practice. Comparable to Auric's IT consulting, system integration and managed services offerings, but at vastly larger scale and broader geographic footprint.

Direct peers

• Persistent Systems: India-based mid-tier IT services and SI firm with healthcare, BFSI and government vertical focus. Comparable to Auric on portfolio breadth across enterprise verticals and emphasis on domain solutions.
• VA Tech Wabag: India-listed water and wastewater treatment EPC company with municipal and industrial STP/WTP turnkey projects and long-term O&M contracts. Directly comparable to Auric's Water & STP Solutions division.
• Coforge (formerly NIIT Technologies): Mid-size Indian IT services company specializing in domain-led consulting and system integration for BFSI, government, healthcare and manufacturing. Closest comparable peer to Auric on vertical mix and target customer profile.
• Mphasis: India-based IT services and BFSI-focused SI firm with growing public-sector presence. Overlaps with Auric on consulting, system integration and BFSI vertical services for government and enterprise.
• KPIIT Technologies: India-based mid-tier technology and engineering services firm with automotive, mobility and industrial automation expertise. Comparable to Auric on the engineering/automation services side of its portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AURICSOLUTIONS
• Facebookfacebook.com/auricsolutions
• LinkedInin.linkedin.com/in/auric-solutions-pvt-ltd-21b0b3b3

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 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 Auric Solutions