Friday 11 December 2015

Pavan Kumar Kuchana – Company History – Taksheel Solutions Ltd.

Our Company was set up in 1999 with a vision of simplifying Information Technology for business. Our Company has since than evolved to emerge as a specialized solutions provider offering Wealth Management Technology Solutions, Telecom Solutions, Business Intelligence, Data Warehousing, Application Development and Application Maintenance.

Our Company was incorporated on 23rd September 1999 as IBSS Techno-Park Private Limited at Hyderabad,Andhra Pradesh, under the Companies Act, 1956. Subsequently, the name of the Company was changed to Taksheel Solutions Private Limited on 29th November 2006. Later, converted into a Public Limited Company by passing the Special Resolution in the Extra-Ordinary General Meeting held on 06th December 2006 and the Registrar of Companies, Andhra Pradesh, Hyderabad had issued a fresh certificate of incorporation consequent on such conversion on 28th December 2006. The Company is engaged in the business of providing Information Technology services to Wealth Management Service providers. Our Company’s CIN is:U72200AP1999PLC032556.

Our Promoters are Mr. Ramaswamy Kuchana and Mr. Pavan Kumar Kuchana (Individuals) and Lexicon Private Limited (Corporate Promoter). Mr. Pavan Kumar Kuchana is the present Chairman and Managing Director of the Company with a vision to carry forward and to build a global organization with a focus on delivering value to customers.

The Company’s solutions/services, in general technical areas, include the following:

• Wealth Management Solutions • Telecom Solutions • Application Development & Maintenance • Data Warehousing & Business Intelligence • Offshore Outsourcing

Major Events and Milestones of our Company 1999

1. IBSS Techno-Park Private Limited was Incorporated 2000
2. Expansion of IBSS Techno-Park Private Limited to support US operations
3. Setting up of 150-seat capacity at Hyderabad 2001
4. Entered into Banking, Financial Services and Insurance (BFSI) Sector 2003
5. Received ISO 9001:2000 certification 2005

By 100% acquisition, International Business Software Solutions (IBSS) Inc., New Jersey based IT and ITES Solutions providers become the Wholly Owned Subsidiary of Taksheel Solutions Limited. 2006
Converted into Public Limited Company 2007

Acquired Business Intelligence and Data Warehousing business of Dataformix Technologies Inc., USA 2009
Company has Set up a new SEZ unit at Lanco Hills Technology Park Private Limited (SEZ) Hyderabad 2009

Telecom Software products was acquired from Verisoft Business Solutions Private Limited 2010
Dis-investment of 100% subsidiary of International Business Software Solutions (IBSS) Inc, a New Jersey, USA

2011
Received ISO 9001:2008 certification
Opened a branch office in No:1 Raffles Place, # 28-02, Singapore
Started a non SEZ software development center in Warngal, India on 29th June 2011 and office is located at IT Park, Madikonda Village, Madikonda,Warangal, Andhra Pradesh – 506 142.

Friday 4 December 2015

Pavan Kumar Kuchana



Taksheel is a comprehensive IT solutions company focused on providing technology solutions  and services for the enterprises engaged in financial service industry, which is one of the  industries driven by technology all over the world. Our 12 years of presence in the industry has  given us excellent business domain knowledge and experience in deploying sophisticated and  secure financial data and analytical solutions.

Our hands on knowledge of several products, in the financial services environment, enables us to
deliver exceptional results to the clients in terms of customization/ implementation of a third  party, modular, or legacy systems.

Our ability to integrate third party applications/solutions into our software frameworks, such as
"Integrted Wealth Management Framework" coupled with our global delivery model and ISO
2001 quality standards help our clients meet their business objectives in shorter time frames even
under tighter IT budgets