Kellton

Kellton Tech Solutions Limited.

Company type	Public
Traded as	BSE:  519602; NSE:  KELLTONTEC
Industry	IT services, IT consulting
Founder	Niranjan Chintam Krishna Chintam
Headquarters	Hyderabad , India
Key people	Karanjit Singh (CEO, APAC) Srinivas Potluri (CEO, United States)
Services	Digital Transformation, Enterprise Solutions
Number of employees	1800 [1]
Website	www.kellton.com

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 with more than 1800 employees. ^{[2] [3] [4]}

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. ^[5] Kellton has, since then, expanded their business portfolio by making acquisitions in the US and India. ^[6]

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. ^{[7] [8]}

Locations

The company has offices in Hyderabad, Gurgaon, and Pune in India; Singapore in APAC; London, Poland, Ireland, ^[9] 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

Source: ^[6]

• 2013: Acquired Supremesoft Global Inc, Inc. US based IT consulting company ^[10]
• 2014: Acquired Vivos Professional Services, LLC, USA focusing in the life sciences and healthcare service ^[11]
• 2014: Acquired eVantage Technologies Inc., US-based IT consulting company
• 2015: Acquired US-based Prosoft Technology Group, ERP-EAI provider
• 2016: Acquired US-based Bokanyi Consulting, an enterprise, analytics and cloud services provider
• 2017: Acquired US-based Lenmar Group of Companies, an IT services and solutions group with presence in banking and financial services ^[12]
• 2019: Acquired US-based firm known as Tivix that develops cloud-connected web and mobile applications
• 2023: Acquired Hooper Labs, a US-based firm in the field of Artificial Intelligence (AI) and Hyper-automation. ^[13]

References

1. "Kellton Tech eyes revenues of $300 mn, to hire 400 employees". 6 July 2021.
2. Kurmanath, K. V. (6 July 2021). "Kellton Tech eyes revenues of $300 mn, to hire 400 employees". www.thehindubusinessline.com. Retrieved 12 September 2022.
3. "Kellton Tech Annual Report 2015-16" (PDF).
4. "Kellton Tech Annual Report 2016-17" (PDF).
5. "Vasanthi Marine Foods changes company name to Kellton Tech Solutions". 16 November 2012.
6. "From VMF Soft to Kellton Tech, a Bumpy Ride for Chintam Brothers". Archived from the original on 9 August 2015.
7. Kellton Tech Announces Strategic Business Restructuring Under 'OneKellton' Initiative
8. "Kellton Tech announces strategic business restructuring under 'OneKellton' initiative". indiainfoline.com. Retrieved 6 August 2023.
9. "Indian IT firm Kellton Tech to set up base in Ireland". The Economic Times. 30 April 2016.
10. "Kellton Tech Solutions to acquire US-based Supremesoft Global | VCCircle". www.vccircle.com. Archived from the original on 7 November 2017. Retrieved 19 April 2016.
11. "Kellton Tech Completes the Acquisition of VIVOS Professional Services, LLC. New Jersey, USA". PRWeb. Retrieved 19 April 2016.
12. "In BFSI thrust, Kellton Tech buys US-based Lenmar Group". The Economic Times. 30 March 2017.
13. "News & Announcements". hooperlabs.com. Retrieved 2 April 2024.