Airan

What Airan does

Airan Limited is an Indian IT and IT-enabled services company headquartered in Ahmedabad and listed on Indian exchanges (NSE:AIRAN). The company operates across six service lines: banking services (cash management, door-step banking, CTS clearing, collection counters, account opening, and e-stamping), telecom services (document management), custom software development, field operations (address and credit verification, pickup), back-office management (records, document management, contact center), and front-office management. Its stated customers are banks, telecom operators, internet service providers, and payment banks.

The business model is a B2B services model in which Airan deploys trained field and back-office staff into client transaction-processing workflows, primarily across the Indian banking sector. Revenue is generated through service contracts for transaction processing, document management, and verification activities, with the company positioning custom software development as an adjacent capability. Pan-India delivery is supported by a workforce of 1,001-5,000 employees. Leadership is anchored by Sandeep Agrawal as Chairman and Managing Director.

For the fiscal year ending March 2026, Airan reported revenue of Rs 112.24 crore (approximately $13.4M USD), up 5.39% year-over-year, with Q4 revenue accelerating to 13.40% YoY growth. Full-year net profit was Rs 12.12 crore, down 34.17% YoY, while the Q4 quarter delivered a Rs 0.47 crore profit, a turnaround from a Rs 3.45 crore loss in the prior-year quarter. The profitability decline alongside modest revenue growth is a key signal of margin pressure that warrants further investigation.

Name

Airan

Legal name

AIRAN LIMITED

Website

https://airanlimited.in

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Airan Limited is an Indian IT and IT-enabled services company that provides banking, telecom, document management, field verification, and back/front-office services to banks, telecom operators, ISPs, and payment banks across India.

Ownership category

akta.pro rank

Product category

IT-Enabled Business Process Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Telephone Call Centers (56142)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro industry

PRIMARYIMAIALAK

Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison)

Industrials, Manufacturing & Construction/Industrial Services & Facility Operations/Facility Operations Support Services (Mailroom/Reception/Catering/Workplace Services)

SECONDARYFSAMAGAA

ACH Operator & Clearinghouse Services

Financial & Insurance/Payments & Transaction Processing/ACH & Direct Debit Processing

Keywords

• IT-enabled services
• Banking transaction processing
• Document management services
• Back-office management
• Field verification services

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Banking Transaction Processing Services: Banking transaction processing services generating revenue through processing fees for services including cash management, door-step banking, CTS clearing, collection counter management, and account opening form processing.
2. Document Management Services: Document management services for telecommunication companies, internet service providers, and payment banks, including e-stamping certificate collection, e-registration fee collection, records management, and address/credit verification.
3. Software Development Services: Custom software development services provided to clients requiring technology solutions.
4. Back-Office and Front-Office Management Services: Contact center services, back-office management, and front-office management operations supporting client business processes.

Distribution channels1 record

Marketing channels3 records

Core offering

Airan is an IT and IT-enabled services company that delivers banking transaction processing services (cash management, door-step banking, CTS clearing, collection counter management, account opening forms processing, e-stamping and e-registration fee collection) and document management services for telecommunication companies, internet service providers, and payment banks. It also provides custom software development, field operations (address and credit verification), and back-office/front-office management services, delivered through a combination of technology, domain expertise, and nationwide operational reach.

Product overview

Airan Limited is an IT and IT-enabled services company offering a suite of operational and technology services primarily to banking, telecom, internet service providers, and payment banks. The company operates six distinct service offerings: Banking Services (cash management, door-step banking, CTS clearing, account processing, e-stamping), Telecom Services (document management for telecom companies), Software Development, Field Operations (address/credit verification, pickup services), Back-Office Management (records, document management, contact center), and Front-Office Management. These services are delivered through a combination of technology, domain expertise, and nationwide operational presence.

Differentiator

Problem solved

Functional benefit

Products and services

• Banking Services Banking transaction processing services including cash management services (CMS), door-step banking and pickup services, CTS clearing processing, managing collection counters, account opening forms processing for banking, and e-stamping certificate / e-registration fee collection. Targeted at banks requiring outsourced transaction processing and operational support.
• Telecom Services Services for telecommunication companies and internet service providers, including document management services and related IT-enabled processes. Targeted at telecom and ISP firms requiring outsourced document handling and operational processes.
• Software Development Custom software development services providing technology solutions for clients. Targeted at organizations requiring tailored software built to their specifications.
• Field Operations On-site operational services including address verification, credit verification, and pickup services. Targeted at clients requiring field-based verification and pickup workflows.
• Back-Office Management Back-office processing services including records management, document management services, and contact center services. Targeted at enterprises requiring outsourced back-office operations.
• Front-Office Management Customer-facing operational support services for enterprises. Targeted at clients requiring front-office and customer-interaction operational management.

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Infosys: Global IT services and consulting major with significant BPO and digital operations capabilities serving banking and telecom — broader incumbent in the same verticals.
• Wipro: Large IT services and BPO provider with extensive banking and telecom service delivery — a broader incumbent competing for the same enterprise BPO opportunities.
• Tata Consultancy Services (TCS): India's largest IT services provider with a substantial BPO/ITES arm serving global banks and telecom operators — a broader incumbent offering overlapping banking and telecom services.
• Genpact: Large global BPO and professional services firm with significant banking and telecom operations including transaction processing and digital services — a broader incumbent in the same space.

Direct peers

• Intelenet Global Services: BPO provider focused on banking, financial services, and telecom with strong contact center and back-office capabilities — directly comparable to Airan's core offerings.
• eClerx Services: India-listed BPO/IT services firm providing data management, contact center, and back-office operations to banking, telecom, and other industries — directly comparable to Airan's service stack.
• WNS Holdings: Global BPO with deep exposure to banking, financial services, and telecom, offering transaction processing, customer service, and document management analogous to Airan's services.
• Hinduja Global Solutions (HGS): Indian BPO providing customer experience, digital, and back-office services across banking, telecom, and healthcare. Highly comparable business model and verticals to Airan.
• Firstsource Solutions: India-listed BPO specializing in banking, financial services, and communications — directly comparable to Airan's banking transaction processing, document management, and contact center offerings.

Emerging players

• Coforge: India-listed IT services firm with growing BPO and digital operations capabilities across banking and telecom — a smaller, fast-growing player in adjacent services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AIRAN-Limited-1275573562533004
• LinkedInlinkedin.com/company/airan-limited

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 Airan