SoftSol India Limited, a global information technology solutions and services provider, is eyeing consolidated revenues of Rs 80-100 crore this year, as compared with Rs 64.12 crore last year. This would mean a growth of 25-56 per cent over the last year. | |
| SoftSol operates in the enterprise technology modernisation and innovation space and has recently bagged a $5-million government deal from the US for a period of two years. |
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| According to Srini Madala, president and chief executive officer of SoftSol, this is the largest deal that the company has bagged so far. "We will be gunning for more large-sized and multi-year contracts," he added. |
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| SoftSol is also trying to reduce its dependence on the California market for revenues. |
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| "This year, our non-California revenues could be 30-40 per cent of our total revenues as compared with about 10 per cent last year," Madala said. The company has 15 clients at present. |
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| In Hyderabad, SoftSol employs about 150 people and plans to double the headcount by the middle of next year. It is also setting up a 35,000-sft facility in Visakhapatnam, which will have a capacity to house 300-400 people. |
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