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We are targeting Rs 625-650 crore of revenue in FY17, says Niranjan Chintam, Founder & Chairma of Kellton Tech Solutions.
FY17 revenue seen at Rs 625-630 crore, says Niranjan Chintam, Founder & Chairman of Kellton Tech Solutions.
"We have signed 18 customers last quarter (Q4 of FY16), which will reflect in revenues of Q1 and Q2 of FY17", Niranjan Chintam, Founder & Chairman of Kellton Technology said. He expects margins to improve.
Founder & Chairman Niranjan Chintam says Kellton Tech has marquee customers in the digital transformation space in which competitors are yet to catch up and that will help in achieving the guidance.
Going forward, the company‘s founder & Chairman, Niranjan Chintam is confident of achieving FY16 revenue guidance of Rs 600 crore and a 30 percent growth in the organic business.
Niranjan Chintam, Founder and Chairman, Kellton Tech says QIP will be used to raise USD 15 million, of which USD 5 million will be used for debt reduction and the rest for future acquisitions.