Sigma Solve (Sigma) helps teams modernize their software, data, and operations with solutions that are built for real use, not just for show. From enterprise applications to AI-driven systems, everything it build is designed to solve a specific business problem, and scale with it. The company don't believe in one-size-fits-all platforms. Every business operates differently. So, it builds systems that fit the way businesses operate, whether that's streamlining workflows, improving decision-making, or connecting tools.

To accelerate the business opportunities and increase the foreign IT rich client base, Sigma invested in the Sigma Solve Inc., a Florida (USA) based IT Company originally floated as LLC jointly owned by Biren Zaverchand and Prerak Parikh, who are relatives of the company’s promoters. Since incorporation, the company and Sigma Solve Inc. jointly make efforts to acquire the business opportunities and execute the work respectively. In the year 2019 Sigma invested and acquired 51.04% stake of Sigma Solve Inc. and now acquire full stack in Sigma Solve Inc so it’s now Wholly owned Subsidiary and having 100% stack in it.

The company and Sigma Solve Inc. having their offices at Florida (USA), Atlanta (Home Office), Australia (Home Office) jointly makes efforts for new business acquisitions. The operation of the company is controlled from its registered office situated at Ahmedabad, (Gujarat) India. The company’s maximum of the revenue is from export of services, and in order to provide hassle free payment facilities to its clients, the company channelizes its payment through ‘Sigma Solve Inc.’. The company does not have any identified customers being almost 100% of sales are booked by Sigma Solve Inc., and subsequently, the company is charging on monthly basis to Sigma Solve Inc. for providing the execution facilities on per man hour basis in conjunction with efficiency level achieved on monthly basis. Moreover, the company also occasionally serves directly to clients.

The company and Sigma Solve Inc. are jointly offering enterprise software development. They offer turnkey consultancy services to their customers in their business domain. They also in association with group entity ‘Sigma Solve’ provide services related to Web & E-commerce Development, Real Time Application development, Business Intelligence Analytics, CRM Development, Digital Marketing, UI & UX Design, Automation Testing and Quality Assurance.

The company was incorporated by Promoter Prakash Parikh as ‘Sigma Solve It Tech Private Limited’ at Ahmedabad on April 29, 2010, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Later on, the name of the company was changed to ‘Presha Software Private Limited’ and Certificate of Incorporation pursuant to change of name was issued by the Assistant Registrar of Companies, Registrar of Companies, Ahmedabad on February 18, 2017. Again, the name of the company changed to ‘Sigma Solve Private Limited’ and Certificate of Incorporation pursuant to change of name was issued by the Registrar of Companies, RoC - Ahmedabad on March 7, 2019. Consequent up on the conversion of the company from Private Limited Company to Public Limited Company, the name of the company was changed to ‘Sigma Solve Limited’ and fresh Certificate of Incorporation consequent up on the conversion from Private Limited Company to Public Limited Company was issued by the Registrar of Companies, RoC - Ahmedabad on June 17, 2019.

The shares of the company got listed and traded pursuant to Initial Public Offering on SME Platform of NSE with effect from October 19, 2020 and the company has after the closure of financial year on June 09, 2023 get migrated to main board of NSE and Directly got listed on BSE main board.

Business area of the company

The company is primarily engaged in Information and Information Enabled Services. The company offers turnkey consultancy services to customers in their business domain.

Services

• Artificial Intelligence
• Digital Transformation
• Data Engineering
• Cloud & Infrastructure
• Product Engineering
• Digital Commerce
• RPA

Milestones

• 2010: Incorporated as Sigma Solve Limited with 2 employees in USA and India
• 2014: Initial partnerships with 3Dcard (now Shift4Shop) – On shore Operations & HQ Sunrise Florida
• 2018: Microsoft .NET Silver partnership; over 150 employees 
• 2020: Listed on the National Stock Exchange – SME platform
• 2022: Reached milestone of over 200 trained software consultants
• 2022: Launched Analytics & AI Framework
• 2023: Got listed on NSE & BSE main board in the month of June
• 2023: Simplified Group structure of SSL & SSI
• 2024-25: AI/ML Implementation, Snowflake Certified