Archive · 7 Dec 2025
Novac Technology Solutions Aims for ₹380 Crore Revenue in FY26
Novac Technology Solutions is a company based in Chennai that helps other companies with digital transformation and cloud solutions.
They expect to make ₹380 crore in revenue this year, which is more than last year's ₹320 crore.
Their e-learning solutions have become very popular, with over 200 companies using them to train their employees.
Most of their money comes from a software called Zeva, which helps businesses manage their resources.
They also have a part of the company called Megoto that works on AI, including chatbots and virtual reality.
The company is growing and plans to expand to other countries like those in West Asia, Africa, and the US.
They expect to keep growing by 15-20% every year and plan to hire more people.
Novac Technology Solutions projects ₹380 crore revenue for FY26, up from ₹320 crore in FY25.
E-learning solutions have expanded significantly, contributing 10% to overall revenue with over 200 corporate clients.
65% of revenue comes from Zeva, an ERP solution, and 30% from Statim, an insurance platform.
Megoto, the AI division, has grown into conversational AI, AR/VR solutions, and AI tools for finance and insurance.
Company plans international expansion in West Asia, Africa, and the US, with expected annual growth of 15-20%.
- Who
- Novac Technology Solutions, a Chennai-based digital transformation and cloud solutions company
- What
- Projected revenue of ₹380 crore for FY26, up from ₹320 crore in FY25
- When
- Financial Year 2025-26
- Where
- Chennai, India, with expansion plans in West Asia, Africa, and the US
- Why
- Growth in e-learning solutions, ERP solutions (Zeva), and AI division (Megoto)
- Company
- Novac Technology Solutions
- Projected Revenue (FY26)
- ₹380 crore
- Revenue (FY25)
- ₹320 crore
- CEO
- NS Nanda Kishore
- E-learning Revenue Contribution
- 10%
- Zeva Revenue Contribution
- 65%
- Statim Revenue Contribution
- 30%
- AI Division
- Megoto
- Employee Count
- 3700
- Projected Annual Growth
- 15-20%