Kellton Explained

Kellton Tech Solutions Limited.
Type:	Public
Founder:	Niranjan Chintam Krishna Chintam
Key People:	Karanjit Singh (CEO, APAC) Srinivas Potluri (CEO, United States)
Industry:	IT services, IT consulting
Services:	Digital Transformation, Enterprise Solutions
Num Employees:	1800^[1]
Location City:	Hyderabad
Location Country:	India

Kellton Tech Solutions Ltd. (KTSL) is an Indian multinational company specializing in Digital Engineering and technology consulting services, headquartered in Hyderabad, India with offices in United States and Europe.The company reported net revenues of USD 110.6 Million in FY22-23^[2] with more than 1800 employees.^{[3] [4] [5]}

Kellton is listed on the Bombay Stock Exchange [BOM: 519602] and the National Stock Exchange of India, under the symbol KELLTONTEC.^[6]

History

Kellton Tech Solutions Ltd. (KTSL) was established in 2009 by Niranjan Chintam and Krishna Chintam. The company's name, ‘Kellton,’ was inspired by the founders' alma maters, the Kellogg School of Management and Wharton Business School.

Early Beginnings (Pre-2009)

The US-based serial entrepreneurs Niranjan Chintam and Krishna Chintam took over VMF Soft Tech Ltd. in 2009 and renamed it to Kellton Tech.^[7] Kellton has, since then, expanded their business portfolio by making acquisitions in the US and India.^[8]

Kellton (2022 - Present)

In March 2022, Kellton Tech announced its strategic business realignment, OneKellton’ initiative rebranding itself to Kellton and integrating its global operations to enhance client services.^{[9] [10]}

Services

The company offers a range of services, including Digital Product Design & Engineering, Data Engineering & AI, Cloud Consulting, and Enterprise Solutions.^[11]

Its major services include:

• Custom product development
• Mobile app development
• Data science and engineering
• AI and ML implementation
• Cloud computing and migration services
• Digital experience engineering

Kellton developed mSehat, a State Innovations in Family Planning Services Agency (SIFPSA) project to help health workers in five districts of Uttar Pradesh to record maternal-infant data in real time and provide them healthcare services.^[12] mSehat was featured as a Case Study in a World Health Organization (WHO) report.^[13] The report observed that mSehat is "currently the largest mHealth implementation in the world in terms of population served".^[14]

Locations

The company has offices in Hyderabad, Gurgaon, and Pune in India; Singapore in APAC; London, Poland, Ireland,^[15] and UAE in EMEA; and at the Dallas, D.C., and NY/NJ areas in the United States. Its head offices are located in Hyderabad, India, and Plano, Texas, USA.

Acquisitions^[8]

• 2013: Acquired Supremesoft Global Inc, Inc. US based IT consulting company^[16]
• 2014: Acquired Vivos Professional Services, LLC, USA focusing in the life sciences and healthcare service^[17]
• 2014: Acquired eVantage Technologies Inc., US-based IT consulting company^[18]
• 2015: Acquired US-based Prosoft Technology Group, ERP-EAI provider^[19]
• 2016: Acquired US-based Bokanyi Consulting, an enterprise, analytics and cloud services provider^[20]
• 2017: Acquired US-based Lenmar Group of Companies, an IT services and solutions group with presence in banking and financial services^[21]
• 2019: Acquired US-based firm known as Tivix that develops cloud-connected web and mobile applications^[22]
• 2023: Acquired Hooper Labs, a US-based firm in the field of Artificial Intelligence (AI) and Hyper-automation.^[23]

Awards and recognition

• Zinnov Zones awarded Kellton as a leader in Digital Engineering and ER&D Services Ratings 2023 again.^{[24] [25]}
• Avasant's SAP S/4HANA Services 2023-2024 RadarView™ recognized Kellton as a 'Challenger' in Enterprise Technology services.^[26]
• ISG Provider Lens™ positioned Kellton as a Product Challenger in the 2023 SAP Ecosystem Report under the 'Midmarket'. segment.^[27]
• Kellton was awarded Gold GLOBEE® Award in the field of Enterprise Industrial IoT Platforms category.^[28]
• Kellton won Webby Awards in the field of Data Management Apps, dApps, and Software.^[29]
• Kellton has been recognized as a leader in the Small & Medium Service Providers and Consumer Software segments by Zinnov in 2022.^[30]
• Kellton Tech Solutions on the Forbes Asia's 200 Best Under A Billion List.^[31]
• Kellton Tech won the Digitizing India Award, a Cisco initiative in collaboration with CNBC-TV18.^[32] It was awarded in the category of 'Digital Innovation in Service Provider Industry'.
• Kellton Tech won two awards at National Awards in IT Excellence - 2016, endorsed by Asian Confederation of Businesses and ‘Stars of the Industry’ group.^[33] It won the category 'Best e-governance Implementation’ and was recognized as the ‘Emerging IT Company of the Year’.^[34]

Notes and References

1. Web site: Kellton Tech eyes revenues of $300 mn, to hire 400 employees. 6 July 2021 .
2. Web site: Annual Reports and Notice of Postal Ballot Kellton . 2024-05-23 . www.kellton.com.
3. Web site: Kurmanath . K. V. . 2021-07-06 . Kellton Tech eyes revenues of $300 mn, to hire 400 employees . 2022-09-12 . www.thehindubusinessline.com . en.
4. Web site: Kellton Tech Annual Report 2015-16 .
5. Web site: Kellton Tech Annual Report 2016-17 .
6. Web site: Kellton Tech gets listed on NSE. 2 March 2016 .
7. Web site: Vasanthi Marine Foods changes company name to Kellton Tech Solutions. 16 November 2012 .
8. Web site: From VMF Soft to Kellton Tech, a Bumpy Ride for Chintam Brothers. https://web.archive.org/web/20150809235021/http://www.newindianexpress.com/cities/hyderabad/From-VMF-Soft-to-Kellton-Tech-a-Bumpy-Ride-for-Chintam-Brothers/2015/08/06/article2960140.ece. dead. 9 August 2015.
9. Kellton Tech Announces Strategic Business Restructuring Under 'OneKellton' Initiative
10. Web site: Kellton Tech announces strategic business restructuring under 'OneKellton' initiative . 2023-08-06 . indiainfoline.com . en.
11. Web site: Kellton Tech Solutions profile . . 29 January 2012 .
12. News: Kellton Tech mobile health sn 'mSehat' launched in Uttar Pradesh. The Economic Times . 13 October 2015 .
13. Web site: mSehat features as a Case Study in a World Health Organization (WHO) report.
14. Web site: Global diffusion of eHealth: Making universal health coverage achievable report.
15. News: 30 April 2016 . Indian IT firm Kellton Tech to set up base in Ireland . The Economic Times.
16. Web site: Kellton Tech Solutions to acquire US-based Supremesoft Global VCCircle . dead . https://web.archive.org/web/20171107221553/https://www.vccircle.com/kellton-tech-solutions-acquire-us-based-supremesoft-global/ . November 7, 2017 . 2016-04-19 . www.vccircle.com.
17. Web site: Kellton Tech Completes the Acquisition of VIVOS Professional Services, LLC. New Jersey, USA. PRWeb. 2016-04-19.
18. Web site: Kellton Tech Acquires Business and Assets of eVantage Technologies, Inc. and Launches new Subsidiary, eVantage Solutions, Inc.. PRWeb. 2016-04-19.
19. News: Kellton Tech snaps up ProSoft Group for $14 million . The Economic Times . June 2015 .
20. News: Kellton Tech acquires Bokanyi Consulting. . 27 January 2016 .
21. News: In BFSI thrust, Kellton Tech buys US-based Lenmar Group. The Economic Times . 30 March 2017 .
22. Web site: India – Kellton Tech completes acquisition of Tivix and completes sale of Supremesoft Global's staffing business. 2022-01-11. www2.staffingindustry.com. en-US.
23. Web site: News & Announcements . 2024-04-02 . hooperlabs.com.
24. Web site: Reddy . Meghna . 2024-02-07 . Kellton emerges as a Leader in Zinnov Zones Digital Engineering and ER&D Services Ratings 2023 (SME), again . 2024-03-27 . EIN Presswire . en-US.
25. Kellton . Kellton debuts as Leader in 2022 Zinnov Zones ER&D Services Report . 2024-03-27 . www.prnewswire.com . en.
26. Web site: SAP S/4HANA Services 2023–2024 RadarView™ . 2024-03-27 . Avasant . en-US.
27. Web site: ISG report 2023 SAP S/4 Hana system tansformation Midmarket . 2024-03-27 . lp.navisite.com.
28. Web site: Winners Information Technology . 2024-03-27 . Globee® Business Awards . en-US.
29. Web site: NEW Webby Gallery + Index . 2024-03-27 . NEW Webby Gallery + Index . en.
30. PR Newswire . 30 May 2024.
31. Web site: Kellton Tech Solutions on Forbes Asia's List . Forbes.
32. News: Market . Capital . 16 July 2016 . Kellton Tech receives 'Digitizing India' Award as best 'Service Provider' . Business Standard India.
33. Web site: Kellton Tech wins two National Awards in IT Excellence . dead . https://web.archive.org/web/20160821191815/http://money.livemint.com/news/company/news/kellton-tech-wins-two-national-awards-in-it-excellence-428983.aspx . August 21, 2016.
34. Web site: 2016-02-23 . Kellton Tech Wins Two National Awards in IT Excellence . 2023-08-06 . Moneycontrol . en.