OCTAL
A global leader in PET packaging with an ingrained commitment to sustainability.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor investor investor investor investor investor | €0.0 | round | |
* | $620m Valuation: $620m | Acquisition | |
| Total Funding | 000k | ||
Octal IT Solution operates as a global digital engineering and software development firm, founded in 2007 by Arun Goyal. Goyal, who holds a Bachelor's Degree in Computer Science, started his career as a developer before establishing the company in Jaipur, India, with a small team. His hands-on experience in development has shaped the company's culture and technical direction. The firm has since expanded its presence to include offices in the UK, USA, and Singapore.
The company provides a range of IT services, with a primary focus on custom software development, mobile application development for iOS and Android, and web development. Its business model revolves around delivering these technology solutions to a diverse client base that spans from startups and small businesses to large enterprises and Fortune 500 companies. Octal IT Solution has worked with notable clients such as BMW, IBM, Vodafone, and Zee5. The company operates primarily with an in-house team of over 180 professionals and states that it does not outsource its core development work. Revenue is generated through project-based fees, with project costs varying significantly based on scope.
Octal's service offerings cover various technological domains, including enterprise mobility, IT consulting, e-commerce solutions, and on-demand applications. The firm has also developed capabilities in more advanced technologies like Artificial Intelligence, IoT, Big Data, and Blockchain. They serve a multitude of industries, such as healthcare, finance, real estate, retail, and education. The company employs an agile methodology in its development process to manage projects and deliver products efficiently. It holds certifications like ISO 9001:2015 and has been appraised at CMMI Level 3, indicating a structured and quality-oriented approach to its operations.
Keywords: software development, mobile app development, web development, IT consulting, enterprise mobility, custom software, tech outsourcing, Arun Goyal, CMMI Level 3, ISO 9001:2015, agile development, enterprise solutions, digital engineering, IT services, global delivery, cross-platform apps, full-stack development, tech consulting, application development, IT outsourcing