Avinash Information Technologies Ltd (earlier known as Mangalya Exports Ltd) was incorporated in 1995 and promoted by Atul Mansukhbhai Shah, who is also the Managing Director of company. It is chaired by Mansukhbhai J Shah. The company belonging to the Mangalya Group, is engaged in export, import and distribution. It also acts as commission agents. The company proposes to act as an Export House and to export all kinds of goods and general merchandise. It came out with a public issue of 50,00,000 equity shares of Rs 10 each for cash at par aggregating Rs 5 cr in Jan'96 for the purpose of expanding its export business. During the year 1999-2000, under the scheme of amalgamtion Avinash Information Technologies Pvt Ltd has merged with the company, as a result of which it has diversified itself in the field of `IT enable services - MEDICAL TRANSCRIPTION" and acquired its present name. The project is one of the largest project for medical transcription in Western India.