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Ahmedabad (Gujarat) [India], May 30: Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Audited Financial Results for the Q4 FY26 & 12 Months FY26.

Key Financial Highlights

Q4 FY26:

Consolidated

• Total Income of ₹ 74.02 Cr against ₹ 59.29 Cr in Q4 FY25, up 24.84%.
• EBITDA of ₹ 22.37 Cr against ₹ 16.60 Cr in Q4 FY25, up 34.76%.
• Net Loss of ₹ 4.93 Cr against Net Profit of ₹ 3.33 Cr in Q4 FY25.
• EPS of (1.89) against 1.58 in Q4 FY25.

Standalone

• Total Income of ₹ 54.52 Cr against ₹ 43.62 Cr in Q4 FY25, up 24.99%.
• EBITDA of ₹ 8.65 Cr against ₹ 11.90 Cr in Q4 FY25, down 27.31%.
• Net Loss of ₹ 3.88 Cr against Net Profit of ₹ 3.03 Cr in Q4 FY25.
• EPS of (1.49) against 1.16 in Q4 FY25.

Total Impact of applicability of IND AS 116 “ROU on Lease Asset” is ₹ 2.99 Cr, comprising of Depreciation on ROU Asset amounting to ₹ 1.56 Cr and Interest on Lease Liability amounting to ₹ 1.43 Cr, whereas the actual Lease rent paid in the Quarter amounts to ₹ 2.19 Cr, which impacts the PBT by ₹ 0.81 Cr.

Total Depreciation provided on Assets of 17 Resorts and Hotels during Q4 2026 amounts to ₹ 8.11 Cr.

12 Months FY26

Consolidated

• Total Income of ₹ 242.44 Cr against ₹ 174.43 Cr in 12 Months FY25, up 38.99%.
• EBITDA of ₹ 59.05 Cr against ₹ 56.88 Cr in 12 Months FY25, up 3.82%.
• Net Loss of ₹ 9.97 Cr against Net Profit of ₹ 16.05 Cr in 12 Months FY25.
• EPS of (3.81) against 6.14 in 12 Months FY25.

Standalone

• Total Income of ₹ 184.75 Cr against ₹ 139.60 Cr in 12 Months FY25, up 32.64%.
• EBITDA of ₹ 31.81 Cr against ₹ 45.70 Cr in 12 Months FY25, down 30.39%.
• Net Loss of ₹ 12.09 Cr against Net Profit of ₹ 12.86 Cr in 12 Months FY25.
• EPS of (4.62) against 4.92 in 12 Months FY25.

Total Impact of applicability of IND AS 116 “ROU on Lease Asset” is ₹ 12.08 Cr, comprising of Depreciation on ROU Asset amounting to ₹ 6.26 Cr and Interest on Lease Liability amounting to ₹ 5.82 Cr, whereas the actual Lease rent paid in the 12 Months amounts to ₹ 8.75 Cr. Total additional impact on PBT is ₹ 3.33 Cr.

Total Depreciation provided on Assets of 17 Resorts and Hotels during the 12 Months 2026 amounts to ₹ 32.23 Cr.

Key Operation Highlights

Key Highlights for Q4 FY26

• Hospitality and Event segment’s Revenue contributed ₹ 54.36 Cr.
• Advertisement Segment Contributed ₹ 19.24 Cr.
• The company has a total of 825+ Rooms across 17 operational resorts and one hotel.

Letter of Award (LoA) received from the Government of Meghalaya Directorate of Tourism for the Development, Operation, and Maintenance of Luxury Cottages located at Umiam in Meghalaya under Design, Build, Finance, Operate, and Transfer (DBFOT) Mode on Public-Private Partnership. The project involves the development, operation, and maintenance of a minimum of 40 (forty) luxury cottages on 10 (ten) acres of land, along with all ancillary amenities and facilities. The project has been awarded a concession period of 30 (thirty) years.

Commenting on the results, Mr. Vishnu Patel, Chairman and Managing Director, Praveg Limited said, “Q4 FY26 reflects strong top-line momentum, with standalone total income growing by 24.99% to ₹ 54.52 crore, driven by our expanding hospitality footprint and continued traction in events and advertisement segments.

Our strategy remains firmly focused on disciplined expansion, operational efficiency, and strengthening our eco-responsible luxury portfolio, positioning Praveg for sustainable long-term growth and value creation.”

About Praveg Limited

Praveg is a pioneer in eco-responsible luxury hospitality. The Company’s resorts are located in areas of significance from a cultural and heritage point of view and places of exotic and natural beauty. The company’s luxury resorts allow access to locations where no traditional construction is possible, which allows tourism to flourish while ensuring the preservation of delicate local ecosystems. Due to the premium quality of the company’s resorts and the high-end experience, the resorts enjoy very high occupancy, strong pre-sales at luxury hotel rates, and a high return on capital due to the non-permanent structure of the resort.

Praveg is also a strong player in events due to its roots in event management and expertise in creating large, non-permanent, world-class structures in very short periods of time. The Events division has recently diversified into Weddings and Banquets hotels.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

Jaipur (Rajasthan) [India], May 30: Shyam Dhani Industries Limited (NSE – SHYAMDHANI), one of Rajasthan’s largest and most recognized spice brands, specializing in manufacturing premium-quality IPM (Integrated Pest Management) and ETO-free (Ethylene Oxide-Free) spices, has announced its Audited Financial Results for H2 & FY26.

The Company offers over 163 varieties of high-quality spices – including Ground Spices, Blended Spices, Whole Spices, and Grocery Products. With a wide customer base across General Trade, Modern Trade, Quick Commerce, Export, Private Label, and HoReCa segments, the Company continues to expand its reach in domestic and international markets.

Key Consolidated Financial Highlights

Key Highlights – H2 FY26:

• Total Income of ₹8,239.34 Lakhs, YoY growth of 26.32%
• EBITDA of ₹824.48 Lakhs, YoY growth of 11.79%
• PAT of ₹433.67 Lakhs, YoY growth of 12.57%
• EPS of ₹2.64, YoY growth of 1.93%

Key Highlights – FY26:

• Total Income of ₹14,621.88 Lakhs, YoY growth of 17.21%
• EBITDA of ₹1,694.91 Lakhs, YoY growth of 16.14%
• PAT of ₹853.70 Lakhs, YoY growth of 6.16%
• EPS of ₹5.20, compared to ₹5.41 in FY25 (decline of 3.88%)

Commenting on the development, Mr. Ramawtar Agarwal, Chairman & Managing Director of Shyam Dhani Industries Limited said, “We are pleased to report a resilient performance during H2 FY26, reflecting the sustained momentum in our business operation and growing acceptance of our products. The Company delivered a healthy 26.32% year-on-year growth in Total Income to ₹8,239.34 Lakhs in H2 FY26, while PAT increased to ₹433.67 Lakhs during the same period, demonstrating the strength of our business discipline and expanding market presence.

Our company believes purity and safety in Indian spices shouldn’t be a premium; it’s everyone’s right. Hence, we entered into a new era of purity by introducing “IPM and ETO Free Spices,” aiming to minimize the use of chemical pesticides and promote natural methods in conventional farming.

Furthermore, we have strengthened the visibility of our ‘SHYAM’ brand through strategic marketing initiatives, including the promotional campaign featuring brand ambassador Ms. Preity G. Zinta.

Moving forward, our strategic initiatives and continued emphasis on business development are expected to drive steady growth and long-term value creation. We remain focused on expanding our market reach, enhancing product quality, and driving sustainable long-term growth. We also continue to enhance our manufacturing and supply chain capabilities to efficiently cater to evolving consumer demand across domestic and international markets.”

Operational Highlights

Brand Endorsement Campaign Completion

In FY27, initiated a strategic brand expansion drive with the launch of Shyam Kitchen Spices featuring Ms. Preity G. Zinta as brand ambassador.

The campaign is aimed at strengthening brand awareness and enhancing consumer engagement across digital platforms.

About Shyam Dhani Industries Limited

Shyam Dhani Industries Limited, established on October 10, 2010, in Jaipur, Rajasthan, is a fast-growing spice manufacturing company committed to delivering high-quality products across India. The Company transitioned from a private limited entity to a public limited company on October 8, 2024, marking a key milestone in its growth journey. Another significant milestone was achieved in December 2025, when the Company was listed on the National Stock Exchange of India (NSE), further strengthening its growth trajectory, enhancing its market presence, and reinforcing its commitment to creating long-term value for stakeholders.

The company operates a modern manufacturing facility in Manpura Road, Jatawali, Near Delhi Bypass, Tehsil Chomu, Jaipur, Rajasthan, supported by a registered office that also houses its packaging unit and research & development department in the Vishwakarma Industrial Area, Jaipur. It specializes in producing over 163 varieties of spices, sourcing raw materials directly from mandis and suppliers across the country to ensure quality and consistency.

Its diverse product portfolio includes ground spices, blended spices, whole spices, and essential grocery items. With a strong presence across more than 10 Indian states, its products are widely available through leading retail chains. The company has also expanded its footprint internationally, catering to markets such as UAE, Oman, Nepal, Saudi Arabia, and Mongolia.

For FY26, the company has reported Total Income of ₹14,621.88 Lakhs, EBITDA of ₹1,694.91 Lakhs & PAT of ₹853.70 Lakhs.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

New Delhi [India], May 30: The way modern spaces are being designed is changing rapidly. Across offices, hospitals, luxury homes, hotels, and corporate environments, there is a visible shift toward cleaner interiors, intelligent automation, and flexible privacy solutions. One technology that has increasingly become part of this transition is smart switchable glass. Once considered a niche luxury product, smart privacy glass is now being adopted in practical environments where both aesthetics and functionality matter. From conference rooms requiring instant privacy to healthcare spaces seeking hygienic alternatives to curtains and blinds, intelligent glass systems are finding applications across multiple industries.

Architects and interior consultants believe the popularity of smart glass is being driven by multiple factors simultaneously. Businesses today are looking for spaces that appear more open and sophisticated while still offering privacy when required. Traditional solutions like blinds and curtains often interrupt design continuity, whereas electronically switchable glass allows spaces to remain visually minimal and technologically adaptive. The trend is particularly visible in corporate meeting rooms, executive office cabins, premium residential interiors, hospitals, luxury hospitality environments, financial institutions, and high-end retail spaces. Industry experts also point toward increasing awareness around energy efficiency and intelligent infrastructure as contributing factors behind the rise of smart glass adoption in India.

Best Smart Glass & PDLC Solutions Provider in India

In India, this growing demand has contributed to the emergence of companies specializing in advanced privacy glass technologies, including Smart Glass Solutions India provider EdgeGlass, working across commercial, residential, hospitality, and healthcare projects. Having completed nearly a decade in the smart glass industry, EdgeGlass has successfully executed projects across India while continuously expanding its footprint in international markets.

The company focuses on PDLC Smart Glass Technology systems that can transition from transparent to opaque within seconds through electrical activation. These systems are increasingly being integrated into modern architecture where flexibility, automation, and premium design are becoming standard expectations rather than optional upgrades. According to professionals working in the architectural and infrastructure sectors, clients are now prioritizing solutions that improve user experience while maintaining a premium visual identity. Smart glass systems are increasingly being viewed as part of that larger shift toward future-ready environments.

“Modern infrastructure today demands flexibility, intelligent privacy, and clean design integration. Smart glass technology is becoming an important part of future-ready architecture,” said a spokesperson associated with EdgeGlass.

EdgeGlass states that a large part of the recent demand is coming from organizations seeking flexible privacy systems without compromising openness and natural light. The company has been involved in projects where intelligent glass solutions are being used to create dynamic workspaces and modern interiors that align with evolving architectural expectations.

The broader smart infrastructure movement across India is also expected to influence the adoption of intelligent glass technologies over the coming years. As more commercial and residential projects integrate automation, touch controls, and smart building systems, adaptive privacy solutions are likely to become more mainstream within contemporary design practices.

Today, EdgeGlass stands as one of India’s trusted and experienced innovators in the smart glass sector, contributing to the modernization of architectural spaces with intelligent, design-forward, and future-ready solutions. With a proven track record of executing diverse and challenging projects, EdgeGlass operates with a team of highly trained technicians—each bringing nearly 10 years of hands-on expertise in PDLC smart glass installation. Their skill, precision, and commitment to quality have enabled the company to handle complex requirements while consistently maintaining high standards of safety, reliability, and performance.

Founded in 2016, EdgeGlass has now completed a successful decade of delivering advanced smart glass solutions across India and international markets. Over the years, the company has installed more than 2 lakh sq. ft. of smart glass systems, marking a strong presence from Kashmir to Kanyakumari and earning recognition across multiple industries, including corporate offices, healthcare, hospitality, residential, and specialized industrial environments.

While the industry is still evolving, one thing is becoming increasingly clear: smart switchable glass is no longer limited to futuristic concepts or ultra-premium environments. It is gradually becoming part of how modern spaces are being imagined and built.

For more information, visit: https://edgeglass.in

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FY26 Total Income Crosses ₹17,014 Lakhs with Net Profit Rising 245%; Company Reports EPS of ₹0.155 per Share

Mumbai (Maharashtra) [India], May 29: Empower India Limited today announced its Consolidated Financial Results for the financial year ended March 31, 2026, and the fourth quarter ended March (Q4FY26), reporting strong growth across revenue, profitability, and operational performance.

The company delivered a strong financial performance during FY26, with consolidated Revenue from Operations increasing to ₹15,336.70 Lakhs, registering a robust 24% Year-on-Year growth. Backed by improving operational scale, stronger execution capabilities, and expansion across core business activities, the company continued to strengthen its overall financial position during the year.

On a consolidated basis, Revenue from Operations increased to ₹15,336.70 Lakhs during FY26 from

₹12,353.6 Lakhs in FY25, registering a healthy 24% Year-on-Year growth. Consolidated Total Income for FY26 stood at ₹17,013.80 Lakhs as compared to ₹12,946.70 Lakhs reported during the previous financial year, reflecting a strong 31% Year-on-Year increase.

The company reported consolidated Net Profit of ₹1,801.17 Lakhs during FY26 as compared to ₹521.83 Lakhs in FY25, registering an exceptional 245% Year-on-Year growth. The significant improvement in profitability reflects strengthening operational performance, improved business execution, and enhanced earnings performance, with FY26 EPS rising to ₹0.155 per share from ₹0.045 per share in FY25.

For the fourth quarter ended March 31, 2026, consolidated Revenue from Operations stood at ₹4,430.33 Lakhs as compared to ₹1,609.20 Lakhs during Q4 FY25, registering a strong 175% Year- on-Year growth. Q4 FY26 Total Income increased to ₹5,850.46 Lakhs from ₹2,119.80 Lakhs reported during the corresponding quarter of the previous year, reflecting a healthy 176% Year-on- Year increase.

The company reported Consolidated Net Profit of ₹1,394.35 Lakhs during Q4 FY26 as compared to a net loss of ₹9.16 Lakhs during Q4 FY25, demonstrating a significant turnaround in quarterly profitability.

On a sequential Quarter-on-Quarter basis, Empower India Limited continued to demonstrate strong operational momentum during Q4 FY26. Consolidated Revenue from Operations for Q4 FY26 stood at ₹4,430.33 Lakhs as compared to ₹4,781.25 Lakhs reported during Q3 FY26. Consolidated Total Income increased to ₹5,850.46 Lakhs during Q4 FY26 from ₹4,851.38 Lakhs in Q3 FY26, reflecting a healthy 21% Q-o-Q growth.

The company reported Consolidated Net Profit of ₹1,394.35 Lakhs during Q4 FY26 as compared to ₹107.16 Lakhs reported during Q3 FY26, registering a sharp 1201% Quarter-on-Quarter growth. The significant improvement in profitability highlights strengthening operational efficiencies, improved business execution, and enhanced overall financial performance during the quarter.

Building on its current momentum, Empower India Limited intends to continue focusing on strengthening its operational capabilities, expanding business opportunities across core verticals, and improving long-term scalability. The company believes increasing economic activity, digital transformation, and evolving financial market opportunities are expected to support future growth momentum. Backed by improving financial performance and disciplined execution, the company remains focused on building sustainable long-term stakeholder value.

About Empower India Limited (EIL)

Empower India Limited (EIL) is a Mumbai-based technology company spanning operations in diverse business verticals and geographies. EIL has been listed on the Bombay Stock Exchange, having sizeable business in Data Centre Infrastructure Management services, Cloud Computing, Information Technology Products, and IT-enabled services. EIL provides end-to-end solutions to its clients and has been instrumental in helping clients leverage its IT infrastructure at an optimum level, improving efficiency, and saving on IT spends.

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New Delhi [India], May 29: Gurugram witnessed one of the industry’s most insightful gatherings as Realatte successfully hosted the sixth edition of RealtyCheck, its flagship real estate leadership platform that brings together the worlds of real estate, technology, media, and marketing under one roof.

Held at The Leela Ambience, Gurugram, RealtyCheck 6.0 brought together leading developers, marketing heads, sales leaders, and technology experts for an evening focused on one central theme – “Real Estate’s 2026 Growth Code.”

The event featured keynote sessions, fireside conversations, and high-impact panel discussions led by speakers from global technology leaders including Google, Meta, Salesforce, Taboola, and industry leaders from the Indian real estate ecosystem.

The speaker lineup included Aroma Kasat, Sadaf Khan, Lipika Agarwal, Amit Mathur, Apoorva Negi, Nirav Gosalia, Rahul Goyal, Rohan Shah, Mayank Vora, and Harish Patel, alongside key decision-makers and developers from across NCR. (LinkedIn)

The conversations throughout the evening revolved around how AI, creativity, trust, customer intelligence, and technology are redefining real estate growth. Topics ranged from predictive lead quality and AI-driven personalization to the future of storytelling, media efficiency, CRM intelligence, and digital trust-building.

One of the standout moments of the evening was the keynote address by Nikhil Agarwal – Director Signature Global Group, who spoke about the evolution of the modern homebuyer and the changing role of marketing in real estate.

“Real estate marketing is no longer about visibility alone. Buyers today are researching more, comparing more, and trusting less. The brands that will lead 2026 are the ones that combine technology, creativity, speed, and transparency to build trust before the first site visit,” said Nikhil Agarwal during his keynote session.

The session by Google highlighted how buyer journeys have become increasingly discovery-led and content-driven. It reiterated that today’s consumer journey is deeply digital-first, meaning developers must look beyond just lead generation to create meaningful digital experiences that actively build buyer confidence and intent.

Salesforce shared insights around the role of connected customer journeys and technology-enabled sales ecosystems in improving conversion efficiency.

“The future of real estate growth lies in connected experiences where marketing, sales, CRM, and customer engagement work as one integrated journey,” said Amit Mathur, Account Director – Salesforce.

Speaking about the vision behind RealtyCheck, Rahul Goyal, Co-founder and Director at Realatte, said:

“RealtyCheck was created to bridge the gap between technology and real estate decision-making. The idea was never just to host another industry event, but to create a platform where meaningful conversations lead to actionable growth insights for the industry.”

The event also featured engaging panel discussions around the future of AI in real estate, the evolution of buyer trust, performance-led creativity, and how developers can move from lead generation to revenue-focused growth strategies. The discussion witnessed strong audience engagement, with attendees resonating deeply with the practical insights and market realities shared by the panelists.

Among the key voices on the panel was Amit Kaicker – Chief Business Officer, Signature Global, who shared valuable perspectives on the importance of combining brand trust with data-driven decision-making in today’s competitive real estate landscape.

“Real estate marketing can no longer operate in silos. The future belongs to brands that integrate technology, creativity, customer understanding, and sales intelligence into one connected growth strategy,” said Amit Kaicker during the panel discussion.

Representatives from Taboola shared perspectives on the growing importance of content discovery and audience attention in the evolving digital ecosystem.

“Today’s consumer doesn’t just respond to advertising, they respond to relevance. The future of real estate marketing lies in delivering the right story to the right audience at the right moment, with platforms like Realize helping marketers turn attention into measurable outcomes,” shared a Taboola spokesperson during the event.

A fireside chat featuring leadership voices from the developer ecosystem drew significant attention, with conversations centered around the future of urban growth, buyer sentiment, and the increasing importance of brand credibility in a competitive market.

The audience response to the event remained overwhelmingly positive, with attendees appreciating the practical insights, high-quality conversations, and relevance of the topics discussed.

“Unlike traditional industry events, RealtyCheck felt extremely relevant to what the market is actually experiencing today. The conversations were honest, practical, and future-focused,” said Sunnet Singh, Chief Marketing Officer, Whiteland Corporations.

Another attendee, Ankur Maheshwari, Marketing Head at Elevate Homes, shared:

“The biggest takeaway for me was how strongly the industry is moving toward trust-led and technology-enabled growth. The discussions around AI and buyer behavior were especially insightful.”

With six successful editions across key markets, RealtyCheck continues to strengthen its position as one of the most relevant knowledge-sharing and networking platforms for India’s real estate ecosystem.

As the industry rapidly evolves, Realatte aims to continue expanding RealtyCheck into a platform that drives deeper collaboration between developers, marketers, technology leaders, and innovators shaping the future of real estate.

For more information about RealtyCheck 6.0 and upcoming industry initiatives, visit:

• RealtyCheck Delhi NCR
• Realatte Official Website

About Realatte

Realatte is one of India’s leading real estate-focused marketing and technology agencies, working with top developers across the country to drive brand growth, performance marketing, creative storytelling, and digital transformation within the real estate sector.

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Ahmedabad (Gujarat) [India], May 29: Lakshya Powertech Limited, an engineering and infrastructure solutions provider, announced its Audited Financial Results for H2 FY26 & FY26.

The Company delivered a steady performance during the period, supported by consistent execution across ongoing projects, improving order inflows, and a focus on operational efficiency. Growth was driven by strong demand in power and infrastructure segments, along with disciplined cost management and project delivery capabilities.

Key Financial Highlights

H2 FY26

• Total Income: ₹9,169.08 Lakhs
• EBITDA: ₹952.51 Lakhs
• Net Profit: ₹327.67 Lakhs

FY26

• Total Income: ₹18,079.68 Lakhs
• EBITDA: ₹2,090.00 Lakhs
• Net Profit: ₹1,013.90 Lakhs

Recent Highlights – FY26

• Expanded international footprint through incorporation of wholly owned subsidiary “Lakshya Powertech Contracting L.L.C.” in Dubai, UAE, strengthening presence in Middle East energy and infrastructure markets.
• Received favorable Commercial Court order in dispute against Devi Engineering & Construction Limited, enhancing recovery visibility with ₹2.06 crore principal claim along with interest and legal costs.
• Secured ₹21.24 crore data center infrastructure order from Micron Electricals (India) Private Limited for installation and commissioning of underground diesel storage tanks.
• Awarded major ₹641.92 crore integrated O&M services contract from Vedanta Limited, providing strong long-term revenue visibility and operational stability in the oil & gas segment.
• Received additional orders worth ₹2.52 crore from Powerica Limited and NTT Global Data Centers & Cloud Infrastructure India Private Limited, further strengthening presence in power infrastructure and data center projects.

Management’s Comment

Commenting on the performance, Management stated:

“FY26 marked a strong growth phase for Lakshya Powertech Limited, as the Company strengthened its presence across oil & gas, power infrastructure, and industrial services through improved execution capabilities, strategic order wins, and expanding client relationships. H2 FY26 reflected stronger operational momentum supported by efficient project execution and increasing participation in large-scale infrastructure projects.

During the year, the Company secured several key orders, including a major ₹641.92 crore integrated O&M services contract from Vedanta Limited, providing strong long-term revenue visibility. Lakshya Powertech also strengthened its presence in the data center infrastructure segment through multiple project wins and expanded its international footprint with the incorporation of Lakshya Powertech Contracting L.L.C. in Dubai, UAE.

Entering FY27, the Company remains optimistic about sustained growth supported by a healthy order book, improving execution scale, growing opportunities across core sectors, and a strong operational foundation for long-term business expansion.”

About Lakshya Powertech Limited

Lakshya Powertech Limited operates in the engineering and infrastructure space, providing services across power, industrial, and infrastructure projects. The Company focuses on delivering efficient and reliable solutions while strengthening its execution capabilities and expanding its presence across markets.

Disclaimer

Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For further information, please contact Corporate Communication Advisor

For further information, please contact:

Ms. Pooja Gandhi

EquiBridgex Advisors Private Limited

Email: info@equibridgex.com

Website: www.equibridgex.com

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

Vadeesh Budramane – Founder and CEO of AlgoShack

Bangalore (Karnataka) [India], May 28: He helped launch one of the most complex healthcare IT systems in British history. Today, he is solving the problem that broke every software team he has ever worked with.

There is a moment in every engineer’s career that defines everything that comes after it.

For Vadeesh Budramane, that moment came somewhere inside the NHS Lorenzo project – the United Kingdom’s flagship electronic health record platform and one of the largest, most complex healthcare IT deployments in British history. As the delivery lead for the India team, Budramane sat at the intersection of everything that can go wrong when software quality is treated as a downstream concern rather than a foundational one.

Delays. Defects discovered too late. Test cycles that could not keep pace with a system of staggering complexity. The cost – in time, in resources, in risk to patient outcomes – was not abstract. It was immediate.

“That project taught me something that I have never been able to unlearn,” Budramane says. “When software fails in a healthcare environment, the consequences are not just technical. They are human. And the root cause, almost every time, is the same: testing that started too late, ran too slowly, and broke the moment the system changed.”

He carried that lesson with him through subsequent senior leadership roles at CSC India and other corporates, managing enterprise technology at a scale few Indian engineering leaders have experienced. But in January 2018, he stepped into something that three decades of corporate leadership had never quite prepared him for.

He started from scratch.

The Problem That Would Not Go Away

AlgoShack was founded on a single, stubborn conviction: that software testing was not merely underperforming – it was architecturally broken.

The tools that most enterprise engineering teams relied on had been designed for a world of quarterly releases, manual scripting, and stable application environments. By 2018, that world no longer existed. Agile sprints compressed delivery to two-week cycles. DevOps pipelines demanded continuous integration. Applications were updated not annually but daily. And yet, the testing model – scripted, manual, resource-intensive – had not fundamentally changed in fifteen years.

“We were applying 2005 thinking to 2018 problems,” Budramane says. “The gap was not going to close with more engineers. It was going to close with a different architecture entirely.”

That architecture became algoQA – AlgoShack’s flagship AI Augmented Autonomous Testing platform. Not AI-assisted. Not AI-enhanced. Autonomous. The distinction is one Budramane draws deliberately and repeatedly.

Where conventional automation tools require engineers to write scripts, maintain locators, and manually update test suites when applications change, algoQA generates test cases from a simple application profile and self-heals when the system it is testing evolves. The result: up to 80 percent reduction in testing costs, up to 80 percent reduction in testing cycle time, and more than 90 percent test coverage – without a single line of manual scripting.

Building Without a Safety Net

What makes AlgoShack’s story unusual in the Indian SaaS ecosystem is not the technology. It is the discipline.

In a funding environment where valuation milestones and venture capital rounds define the startup narrative, AlgoShack has grown entirely on the strength of its delivery outcomes. Fifty-five percent compound annual growth rate. Four consecutive years. Zero external funding. Three hundred plus professionals. A workforce where more than 37 percent are women in engineering roles.

“I was not interested in building a company that needed a fundraiser to prove its value,” Budramane says. “I was interested in building a company whose clients would prove its value for us.”

That client-outcome obsession is reflected in AlgoShack’s enterprise Net Promoter Score of 94 – a figure that places it in the company of the world’s most trusted B2B technology platforms – and a SaaS NPS of 81. Both figures are independently tracked and consistently maintained.

The company is also building its intellectual property foundation with unusual seriousness for an Indian product startup. Two patents were published as on  May 2026, covering core innovations in autonomous test generation and auto-healing architecture. Four additional patents are in progress.

The Frontier

Today, AlgoShack is ranked 27th globally among more than 900 test automation companies. The company holds ISO 9001:2015 certification alongside IEC 62304 and ISO 14971 attestations – credentials that make algoQA one of the few autonomous testing platforms in India cleared for deployment in regulated medical device software environments.

Enterprise clients across MedTech, Banking and FinTech, Retail and Digital Commerce, and Enterprise Software verticals have deployed algoQA at scale. The platform is rated 4.9 out of 5 on G2 and 5 out of 5 on SoftwareSuggest – independently, by the engineers who use it daily.

Vadeesh Budramane is 35 years into a career defined by the belief that software quality is not a phase in the development lifecycle. It is the lifecycle.

From the corridors of NHS Lorenzo to the engineering floors of a Bengaluru product company rewriting how the world tests software – the conviction has not changed.

The platform built to carry it has.

Vadeesh Budramane is the Founder and CEO of AlgoShack Technologies, a Bengaluru-based AI product company and developer of algoQA – India’s leading AI Augmented Autonomous Testing platform. AlgoShack Technologies is headquartered in Bengaluru, India.

Website: www.algoshack.com

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