- CEO
- Santosh Babarao Hambare
- Full Time Employees
- 3
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 404, Corporate Annexe Mumbai MA India 400 063
- IPO Date
- Mar 11, 2002
- Business
- Avance Technologies Limited, a BSE-listed information technology company incorporated in 1985 and headquartered in Mumbai, India, engages in the trading and resale of software and hardware products; provides digital infrastructure solutions including connectivity, scalability, and performance frameworks; offers embedded device management for deployment, monitoring, and maintenance of systems; delivers hybrid infrastructure integrating on-premise and cloud systems; supplies cloud integration and management services encompassing migration, optimization, and multi-cloud operations; provides data center management and optimization with proactive monitoring, maintenance, and cost efficiency measures; and extends IoT infrastructure management for devices, networks, and data in smart operations. The company serves industries such as healthcare, finance, manufacturing, and hospitality primarily in India. In recent developments, Avance signed a non-binding term sheet in July 2025 to acquire Excess2Sell.com, a tech-enabled B2B overstock inventory liquidation marketplace, marking its entry into the surplus inventory sector; approved fundraising via share issuance worth up to 499 million rupees in August 2024; and underwent a stock split reducing face value from Rs 5 to Rs 1 in 2023.