The company was originally incorporated under the Companies Act, 2013 as ‘KCPL Advisory Services Private Limited’ and was granted a certificate of incorporation by the RoC on June 8, 2017. The Board of the Company approved the change in the name of the Company from ‘KCPL Advisory Services Private Limited’ to ‘Karvy Fintech Private Limited’ by their resolution dated July 22, 2017, which was thereafter approved by the Shareholders of the Company through their resolution dated July 24, 2017, and a fresh certificate of incorporation, under the Companies Act, 2013, was issued by the RoC on August 10, 2017. Pursuant to the Scheme of Amalgamation between Karvy Consultants Limited (“KCL”), Karvy Computershare Private Limited (“KCPL”) and the Company, all the assets and liabilities pertaining to the RTA business of KCL (including but not limited to the equity investment of KCL in KCPL) were demerged into the Company on a going concern basis; and KCPL was amalgamated into the Company with effect from November 17, 2018. The Board of the Company approved the change in the name of the Company from ‘Karvy Fintech Private Limited’ to ‘KFin Technologies Private Limited’ through their resolution dated November 25, 2019, which was thereafter approved by the Shareholders of the Company through their resolution dated November 30, 2019 and a fresh certificate of incorporation, under the Companies Act, 2013, was issued by the RoC on December 5, 2019. The Board of the Company approved the conversion of the Company from a ‘private limited company’ to a ‘public limited company’ through their resolution dated January 8, 2022, which was thereafter approved by the Shareholders of the Company through their resolution dated January 28, 2022. Pursuant to the conversion of the Company into a public limited company, the name of the Company was changed from ‘KFin Technologies Private Limited’ to ‘KFin Technologies Limited’, and a fresh certificate of incorporation dated February 24, 2022, was issued by the RoC.

KFin Technologies is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, Philippines and Hong Kong. The company provides several critically important services to the Indian capital markets ecosystem. Its clients utilize its platform for its different service offerings for a substantial part of their operational requirements. It provide a wide array of investor and issuer solutions including omni-channel transaction origination and processing, channel management, which is mapping of mutual fund schemes of AMCs to distributors selected by the AMCs and related distributor management, including brokerage computation and channel servicing which includes brokerage pay-out, query solution and GST compliance assistance, customer onboarding with integrated KYC, unit allocation and redemption, reporting and compliance checks on a real time basis.

The company also offers asset servicing products including a distributor platform, an investor platform, and an online transaction platform together with data analytics. Its technology products, solutions and platforms help its clients to focus on their core business functions such as investment management and sales and marketing functions whilst entrusting bulk of operational front office, middle office and back office activities to its platform. The company has adopted a platform driven product design and delivery approach to service the varied needs of its clients. It has an end-to-end transaction management platform across multiple asset classes such as mutual fund, direct stock investments, alternate investment funds, wealth and pension across India, Malaysia, Philippines and Hong Kong. It provide its clients with a data driven technology solutions that combine its in-house platform technologies and several of its in-house value added services (VAS) products across different asset classes, including white label technology to meet client requirements.

Business area of the company

The company serves the mission-critical needs of asset managers with clients spanning mutual funds, AIFs (alternative investments), pension, wealth managers and corporates in India and abroad. The company provides SaaS based end-to-end transaction management, channel management, compliance solutions, data analytics and various other digital services to asset managers across segments, as well as outsourcing services for global players.

Key awards, accreditations or recognitions

• 2022: The company received an award from ‘National Awards for Leadership and Excellence’, for ‘Marketing Communication - Business to Business’.
  
• 2021: The company’s Managing Director and CEO i.e., Venkata Satya Naga Sreekanth Nadella received the “Global Asian of the year award” from ‘AsiaOne Magazine’.
  
• 2021: The company was selected as the ‘Prestigious Rising Brands’ of India 2021-22 in the category ‘Finance and technology’ by Brands Advertising Research & Consulting Private Limited.
  
• 2021: The company’s Managing Director and CEO i.e., Venkata Satya Naga Sreekanth Nadella received the “Outstanding Achievement Award for Business Excellence” from All India Achievers Foundation.
  
• 2020: The company received the award for ‘Asia’s Greatest Brands 2020-2021’ from ‘Asia One’.

Major events and milestones

• 2017: The company was incorporated as ‘KCPL Advisory Services Private Limited’.
  
• 2017: The Company entered into a share subscription agreement with General Atlantic Singapore Fund Pte. Ltd. (“GASF”).
  
• 2017: The Company approved the Scheme of Amalgamation between Karvy Consultants Limited, Karvy Computershare Private Limited and KCPL Advisory Services Private Limited.
  
• 2018: National Company Law Tribunal, Hyderabad Bench approved the Scheme of Amalgamation.
  
• 2018: The Company had issued and allotted Non-convertible Debentures (“NCDs”) to Standard Chartered Bank and Nomura Singapore Limited.
  
• 2019: The Company completed a buy-back of 14,987,846 Equity Shares from General Atlantic Singapore Fund Pte. Ltd., Compar Estates and Agencies Private Limited, C. Parthasarathy - HUF, C. Parthasarathy, Adhiraj Parthasarathy and Rajat Parthasarathy.
  
• 2019: Vishwanathan Mavila Nair was appointed as the Chairman of the Board.
  
• 2019: The name of the Company was changed from ‘Karvy Fintech Private Limited’ to ‘KFin Technologies Private Limited’.
  
• 2019: Re-classification of the promoters was approved by Board and GASF became the sole promoter of the Company.
  
• 2020: Venkata Satya Naga Sreekanth Nadella was appointed as Whole Time Director & CEO.
  
• 2021: The Company executed a subscription agreement and a shareholders’ agreement with Kotak Mahindra Bank Limited.
  
• 2021: The Company had filed an application with the NCLT for modification in the sanctioned Scheme of Amalgamation.
  
• 2021: The Company redeemed 4,000 rated, listed, redeemable, non-convertible debentures.
  
• 2022: The Company converted from a private limited company to a public limited company NCLT approved the modification, pertaining to change in the accounting treatment of goodwill, in the sanctioned Scheme of Amalgamation.
  
• 2022: Incorporation of KFin Global Technologies (IFSC) Limited, a wholly owned subsidiary of the Company at IFSC in Gift City, Gujarat.
  
• 2022: Venkata Satya Naga Sreekanth Nadella was appointed as Managing Director and CEO.