India, Nov. 20 -- Mysuru's home-grown tech firm Excelsoft Technologies Limited gears up for massive expansion

A company that began in a small garage at Jayalakshmipuram has now grown into a formidable Rs. 500-crore IPO (Initial Public Offering). Excelsoft Technologies Limited - formerly Excelsoft Technologies Private Limited - went public on Nov. 19, aiming to fuel its expansion and strengthen its global footprint.

Excelsoft, a global vertical SaaS (Software as a Service) company, was founded in 2000 by Dhananjaya Sudhanva, the company's Chairman and Managing Director, with a single PC purchased on a term loan. He soon hired two employees and from there, the company's trajectory only moved upward. Headquartered in Mysuru, Excelsoft now ...