Excelsoft

About Excelsoft

Excelsoft Technologies Limited is a global vertical SaaS company founded in 2000, specializing in the learning and assessment market. The company was started by Manchukondanahalli Hiriyanna Dhananjaya, Dhananjaya Sudhanva, Sukanya Dhananjaya, and Lajwanti Sudhanva. It originated from the acquisition of M/s Sudhanva Enterprises, a partnership firm held by the founders. Dhananjaya Sudhanva, the CEO, was advised by a friend to leverage his tech background and his father's four decades of experience in education, which set the direction for the company.

Excelsoft provides technology-based solutions for educational publishers, universities, schools, government agencies, and corporate training sectors. Its business model is based on long-term enterprise contracts for its cloud-based platforms, generating revenue from licensing, software development, and maintenance. The company's key offerings are divided into two main segments: Assessment & Proctoring Solutions and Learning & Student Success Systems. Products include the AI-powered 'SARAS' e-assessment platform, 'easyProctor' for remote exam monitoring, 'OpenPage' for digital textbooks, 'enablED' Learning Experience Platform (LXP), and 'CollegeSparc' for student success and retention management. These platforms utilize technologies like AI, NLP, machine learning, and remote proctoring to enhance content creation and assessment integrity.

Headquartered in Mysore, India, Excelsoft has a global presence with operations in the US, UK, Malaysia, and Singapore, serving over 200 organizations and impacting more than 30 million learners. Notable clients include Pearson Education, Inc., AQA Education, and Brigham Young University. A significant portion of its revenue, around 59%, comes from the Pearson Education Group. The company went public in November 2025 with an IPO on the BSE and NSE, raising funds for infrastructure upgrades and general corporate purposes. As of March 2025, the company reported a total income of ₹248.80 crores and a profit after tax of ₹34.69 crores.