Enfuse Solutions Ltd - Stock Valuation and Financial Performance

Enfuse Solutions Limited was originally incorporated as ‘Enfuse Solutions Private Limited’ a private limited company under the Companies Act, 2013 at Mumbai, pursuant to a certificate of incorporation dated February 10, 2017 issued by the Registrar of Companies, Central Registration Centre. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on November 1, 2023, the company was converted into a Public Limited Company and consequently the name of the company was changed from ‘Enfuse Solutions Private Limited’ to ‘Enfuse Solutions Limited’ vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated November 24, 2023, issued by the Registrar of Companies, Mumbai.

The  company is engaged in business of providing integrated Digital solutions across various domains including (i) In Data Management & Analytics (ii) E-commerce & Digital Services (iii) Machine Learning & Artificial intelligence (iv) Edtech & Technology Solutions. It provides these service solutions by combining custom-designed data processes, delivery teams that include both generalists and domain specialists, and its in-house software to streamline and automate various processes. 

Its business operations encompass various domains (i) In Data Management & Analytics, it organizes and analyzes data, providing tailored insights for informed decision-making such as Master data Management, Product information Management etc. (ii) Ecommerce & Digital Services form a core area where it develops and optimize digital platforms for seamless online experiences such as E-commerce platform management, content management, Digital marketing etc. (iii) Machine Learning & AI represent its capabilities in advanced technologies, offering innovative solutions such as tagging/labelling, Transcription, Annotation etc. (iv) Edtech & Technology Solutions focus on leveraging technology to enhance educational experiences and overall technological solutions such as live Proctoring, Record and review, Student Counselling etc. 

It works as consultants for its clients as per the terms of sub-contracting agreements entered with them. For e.g., if its client is desirous of providing digitization services to one of its customers, then, it as consultants will work on behalf of its client to provide said services to their customers. It execute a Statement of Work with its clients which specify the scope of its services to be provided to their customers which includes the term of the project, background and objective of the project and description of services to be provided. Its diverse suite of offerings, spanning Data as a Service (DAAS) and software solutions, encompasses an AI platform for tagging audio, video, image, and documents, Edtech AI solutions, data annotation and curation platforms, data engineering, data science, cloud computing, and digital marketing.

Business area of the company

The  company is engaged in business of providing integrated Digital solutions across various domains including (i) In Data Management & Analytics (ii) E-commerce & Digital Services (iii) Machine Learning & Artificial intelligence (iv) Edtech & Technology Solutions. It provides these service solutions by combining custom-designed data processes, delivery teams that include both generalists and domain specialists, and its in-house software to streamline and automate various processes. 

Services of the company

• Data management & analytics
• E-commerce & digital services
• Machine learning & artificial intelligence
• Edtech & technology solutions

History and milestones

• 2017: Incorporation of the Company. 
• 2021: Established Wholly Owned Subsidiary namely Enfuse Solutions S.R.L. in Bucharest, Romania 
• 2022: Crossed Revenue of Rs 25 crore 2023 Conversion of the Company from Private Limited to Public Limited Company.