What Daffodil Software does

Daffodil Software is a private, India-anchored software engineering and IT services firm founded in 1999, operating under the legal entity Daffodil Unthinkable Software Corp. (Delaware, USA) with delivery headquarters in Gurugram, India and sales offices in Delaware (USA), London (UK), and Dubai (UAE). The company employs 1,000+ software engineering professionals (with one source citing 1,200+) and serves 150+ global clients across seven verticals including Healthcare, Fintech, Digital Commerce, Travel & Transportation, Media & Entertainment, Banking, and Food & Beverages.

Its service portfolio spans consulting, UI/UX and product design, web/mobile/SaaS development, cloud-native engineering, DevOps, data and ML engineering, generative AI and LLM solutions, conversational and agentic AI, computer vision, software testing and QA, application modernization, cloud migration, and offshore development center (ODC) setup. Technology breadth covers modern front-end (React, Angular, Vue.js, Next.js), back-end (.NET, Java, Node.js, Python, Go), mobile (Flutter, React Native), all four major hyperscalers (AWS Premier Partner, Azure, GCP, Oracle Cloud), and standard AI/ML toolchains (TensorFlow, PyTorch, MLflow, vector databases including Pinecone and Weaviate).

The business model is professional services and managed services revenue, sold through direct enterprise field sales with three engagement modes: outcome-based product engineering, hire-dedicated-developer team augmentation, and long-term ODC partnerships. Pricing is quote-based and outcome-oriented rather than hourly. Notable customers include Scale AI, MayaMD, Maruti Suzuki, Mount Sinai, Green City Watch, Samsung, Denso, the Reserve Bank of India, and India's National e-Governance Division (NeGD/UMANG). The company is CMMI Level 3 certified and is recognized by Everest Group as a PEAK Matrix aspirant.

Name

Daffodil Software

Legal name

Daffodil Unthinkable Software Corp.

Website

https://daffodilsw.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Daffodil Software is a private, India-headquartered IT services firm with 1,000+ engineers that delivers software engineering, cloud, and AI/ML services to enterprise and government clients globally through offices in India, the USA, the UK, and the UAE.

Ownership category

akta.pro rank

Product category

Custom Software Development Services

NAICS

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

SIC

Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Managed Workplace Services (DaaS/Workplace-as-a-Service) (BPAEAIAA)

akta.pro secondary industry

Virtual Desktop & Application Delivery (VDI/DaaS, Remote Apps) (BPAEAIAC)

Keywords

• Custom software development
• AI ML solutions
• Cloud migration services
• Legacy system modernization
• Offshore development center

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Project-Based Software Development: Outcome-based product engineering engagements where Daffodil takes end-to-end ownership of software development projects. Not hourly billing but fixed-scope deliverables with clear milestones. Covers web applications, mobile apps, SaaS platforms, AI integrations, and digital transformation initiatives.
2. Team Augmentation / Dedicated Developers: Hire dedicated developers model where clients extend their team with skilled professionals. Provides flexibility and scalability for ongoing development needs.
3. Offshore Development Center (ODC): Setup of scalable offshore development centers for long-term partnerships, enabling clients to accelerate product delivery while optimizing costs and operational efficiency.
4. Consulting Services: Software consulting engagements including technology consulting, architecture consulting, security & compliance advisory, and digital transformation strategy.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Daffodil Software is a software engineering services company that designs, builds, modernizes, and operates custom web, mobile, SaaS, and AI/ML software for enterprise clients. It delivers outcome-based product engineering across consulting, design, development, AI/ML, cloud, testing, and team augmentation, supported by 1,000+ engineers and global delivery centers in India, USA, UK, and UAE.

Product overview

Daffodil Software is a software engineering and innovation company with 25+ years of experience and 1,000+ software engineering experts. The company operates as a platform of professional services rather than a single unified product, offering consulting, design, development, AI/ML solutions, testing, cloud services, and marketing services across eight core service lines: Software Consulting, AI/ML Solutions, Software Development, Software Testing and QA, Cloud Services, Marketing, Team Augmentation, and Industry-Specific Solutions. The product portfolio spans Healthcare (Healthcare Software Development, Healthcare Apps, Telemedicine, EMR/EHR, Patient Engagement, RPM Solutions, Home Care Software, AI-Based Healthcare), Fintech (POS Solutions, Custom Accounting, Stock/Gold Trading Platforms, Insurtech), Digital Commerce (eCommerce Apps, D2C Commerce, Marketplace Development, Retail Software), Travel & Transportation (Travel Apps, Fleet Management, Ticketing), Media & Entertainment (OTT Platforms, Live Streaming, CMS), Banking (CORE Banking, Cloud Banking, Loan Management), and Food & Beverages (Inventory Management, POS Systems, Restaurant Management, CRM). The company emphasizes full-stack product engineering ownership from discovery through design, build, modernization, operations, and security.

Differentiator

Problem solved

Functional benefit

Products and services

• Software Consulting End-to-end software consulting services covering technology, architecture, security, and digital transformation strategy for enterprise clients building web, mobile, and cloud-based solutions.
• Cloud Consulting & Migration Services Cloud strategy, migration, modernization, and managed services delivered across AWS, Microsoft Azure, Google Cloud Platform, and Oracle Cloud.
• Legacy System Modernization & Application Modernization Transformation of legacy applications into scalable, cloud-native systems using lift-and-shift, refactor, rewrite, or retire strategies.
• UI/UX Design and Product Experience Design User research, UI/UX design, and end-to-end product experience design with WCAG and ADA compliance to drive engagement and measurable outcomes.
• Discovery & MVP Planning Product discovery and MVP roadmap validation services that accelerate time-to-market through rapid iterations.
• Custom Software Development (Web, Mobile, SaaS, API) Full-cycle custom development of scalable web applications, mobile apps (iOS, Android, Flutter, React Native), SaaS platforms, and secure APIs and integrations.
• AI/ML Solutions (GenAI, LLM, Conversational, Agentic, Computer Vision) Design and deployment of AI/ML solutions including GenAI/LLM applications, conversational AI, agentic AI agents, computer vision, and NLP for enterprise clients.
• Data & ML Engineering Design and operationalization of scalable data pipelines and ML systems using TensorFlow, PyTorch, and MLOps tools for intelligent decision-making.
• DevOps Services and Cloud-Native Application Development DevOps automation, CI/CD pipelines, and cloud-native application development leveraging Kubernetes, Docker, Jenkins, and Terraform.
• Software Testing and QA Services Manual, automation, performance, API, and VAPT testing services to validate reliability, security, and performance of client software systems.
• VAPT Security Testing Vulnerability assessment and penetration testing to identify security weaknesses and strengthen application defenses.
• Software Maintenance and Support Proactive monitoring, maintenance, and ongoing application support to ensure stability and continuous improvement.
• Security & Compliance Advisory Threat modeling, penetration testing, and compliance advisory embedding security into every layer of the technology landscape (HIPAA, PCI-DSS, GDPR).
• Hire Dedicated Developers (Team Augmentation) Flexible engagement model allowing clients to extend their teams with skilled dedicated developers aligned to their workflows and timelines.
• Offshore Development Center (ODC) Setup of scalable offshore development centers enabling long-term partnerships, accelerated product delivery, and cost optimization.
• AI Strategy Consulting Defining and implementing clear AI roadmaps to help businesses unlock value through responsible and effective AI adoption.
• Performance Marketing, SEO, and App Store Optimization Data-driven performance marketing, SEO, and app store optimization services to drive conversions, organic visibility, and downloads.
• Industry-Specific Software Solutions (Healthcare, Fintech, Banking, Digital Commerce, Travel, Media, F&B) Vertical software solutions including healthcare apps/telemedicine/EMR-EHR, fintech POS/stock and gold trading/insurtech, digital commerce/eCommerce/marketplace, travel and fleet management, OTT/live streaming/CMS, and banking/restaurant software.

Quantifiable outcome

• 95% patient triage accuracy for MayaMD telehealth platform
• +4 more outcomes

Named customers12 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability17 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and secondary.

• Amazon Web Services (AWS)coreTechnology or IntegrationAWS Premier Partner providing cloud consulting, migration, and managed services. Daffodil helps clients leverage AWS services for scalable and secure cloud solutions, with documented 40% cost reduction outcomes for clients.
• Google Cloud Platform (GCP)coreTechnology or IntegrationPartnership with Google Cloud Platform for delivering cloud solutions leveraging GCP's computing, storage, and application services for business optimization.
• Microsoft AzurecoreTechnology or IntegrationMicrosoft Azure partnership providing enterprise-grade cloud solutions for building, deploying, and managing applications with comprehensive consulting services.
• Oracle CloudsecondaryTechnology or IntegrationOracle Cloud partnership offering Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) solutions for improved efficiency and innovation.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Birlasoft: India-based mid-tier IT services company focused on enterprise digital transformation, cloud, and industry-specific solutions. Similar scale and customer segmentation to Daffodil.
• Persistent Systems: India-based IT services firm with deep digital engineering, cloud, and AI/ML capabilities serving global enterprise clients. Closest large-cap comparable to Daffodil's custom software development and cloud modernization model.
• Zensar Technologies: India-based IT services company offering digital, cloud, application management, and AI solutions. Comparable in custom development focus and enterprise vertical mix.
• Mphasis: India-headquartered IT services company focused on application development, cloud, and cognitive solutions for BFSI and other verticals. Directly comparable in custom development and cloud-first services.
• EPAM Systems: Global product development and digital engineering services firm with strong AI/ML, cloud, and data engineering practices. Closely comparable in custom software development and AI-embedded delivery model.
• Cyient: India-headquartered engineering and IT services firm with strong domain expertise in regulated industries. Comparable in custom software, embedded systems, and enterprise B2B delivery model.
• Coforge: India-based IT services firm specializing in application development, cloud, AI/ML, and digital transformation across BFSI, healthcare, and travel. Directly comparable scale and service mix to Daffodil.
• Globant: Global digital engineering and IT services firm with deep AI/ML, cloud, and product engineering practices. Closely comparable in digital engineering, AI-embedded development, and enterprise field sales motion.
• Hexaware Technologies: India-headquartered IT services and digital solutions firm with strong automation, cloud, and AI practices. Comparable in service catalog and enterprise sales-led GTM.

Broad incumbents

• Infosys: Global IT services and digital transformation giant. Far larger than Daffodil but overlaps heavily on custom development, cloud, AI, and industry solutions across the same target verticals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/daffodilsw
• YouTubeyoutube.com/channel/UC_FIqVM3B0RJLY1HtpAdRPw/videos
• Facebookfacebook.com/daffodilsw
• LinkedInlinkedin.com/company/daffodil-software-ltd.

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 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 Daffodil Software