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Indian Family Business Awards 2021: Tally Solutions wins best family business award

A leader in the accounting solutions space, the company’s roots can be traced back to 1986 when Late Shri Shyam Sunder Goenka suggested to his son, Bharat Goenka, to automate accounting operations for the former’s textiles business.

April 29, 2022 / 08:20 PM IST
The company has a formal governance structure. It has not raised equity funding yet and the shares are completely owned by the family.

The company has a formal governance structure. It has not raised equity funding yet and the shares are completely owned by the family.

Tally Solutions was conferred the best family business award at Moneycontrol Pro’s Indian Family Business Awards 2021, held in Mumbai. The company won the award on April 29, in the 'super' category in which companies with annual revenues under Rs 1,000 crore were nominated.

The Bengaluru-based multinational technology company, Tally Solutions Pvt Ltd, provides enterprise resource planning software. Over the last five years, the company has doubled its licensed customer base from 1 million to 2 million users.

In 2016, it was shortlisted as a GST Suvidha Provider to provide an interface between the new Goods and Services Tax (GST) server and taxpayers, due to its quick adaptation to the changes brought in by GST.

A leader in the accounting solutions space, the company’s roots can be traced back to 1986 when Late Shri Shyam Sunder Goenka suggested to his son, Bharat Goenka, to automate accounting operations for the former’s textiles business.