- CEO
- Jonnavittula Muralikrishna
- Full Time Employees
- 213
- Sector
- Technology services
- Industry
- Information technology services
- Address
- No.1-89 Hyderabad TS India 500081
- IPO Date
- Jun 12, 2000
- Business
- Vedavaag Systems Limited (BSE:533056), founded in 1998 and headquartered in Hyderabad, Telangana, operates as a niche technology provider specializing in citizen services delivery management, including financial inclusion via KIOSK banking as a national business correspondent for State Bank of India and other public banks; e-governance solutions such as NPR digitization, Aadhaar projects, and PACS ERP implementation through subsidiary VSL Data Systems; cloud-enabled IoT-based AI and ML products like V-DAMS for driver alertness monitoring, V-PAMS for patient activity tracking, and Abhayam for commuter safety; insurance agency services as an IRDA-certified corporate agent offering SBI Life and general insurance products; retail and logistics platforms including Vedaretail and assisted e-commerce; edutech via VedaEdutech for rural students; and emerging offerings like VedaWani Wi-Fi hotspots and AI trackers, with operations spanning over 18 states in India and partnerships with public sector undertakings such as BEL, BSNL, ECIL, ITI, and L&T. The company, certified under ISO 9001:2015 and ISO 27001:2013 and listed on the Bombay Stock Exchange since 2009, targets rural and underserved markets in fintech, edutech, healthcare, and logistics, achieving FY24 financial inclusion gross transaction value exceeding Rs 19,000 crore across 4,500+ customer service points serving over 30 lakh households. Recent developments include securing a Rs 38 crore order from Tecnolog�a En Redes Y Telecomunicaciones Edelweiss SA de CV in 2025; multiple warrant conversions and allotments totaling over 600,000 equity shares in 2025 to bolster capital; audited FY25 financial results reflecting H1 standalone revenue growth of 19.57% year-over-year to Rs 35.77 crore with net profit up 28.07% to Rs 3.69 crore; expansion of Varishta services for rural e-commerce and insurance penetration supporting IRDAI's Model Insured Village initiative; and ongoing PACS automation surpassing 1,500 societies in Telangana and Uttarakhand alongside new telecom tower installations for Jio and smart meter projects in Bihar.