Infinity Infoway Limited

Provides enterprise software primarily for the education sector and industrial clients, with FY26 revenue of ~INR 23.77 crore split across Education ERP (53.60%), Industrial ERP (36.25%), Online Examination (around 10%) and Digital Learning (0.13%). Recent wins include an INR 11 crore, five-year AI data analytics order from the Government of Gujarat's Education Department and an INR 1.45 crore annual contract from Barkatullah University in Bhopal. The ZeroTouch DaaS platform — a 20-year patented system for secure question-paper delivery — has 150 machines built, is guided to contribute 20–22% of FY27 revenue at 50–60% project margins, and forms the centre of an expansion into hardware-software hybrid delivery. The customer base spans 55+ universities and the digital examination platform handles 2 lakh concurrent students. Operations run on 156 employees, with revenue geographically concentrated in Gujarat (71%) and Madhya Pradesh (20%). FY27 plans include deploying ~900 ZeroTouch machines (30% of a 3,000-unit near-term capacity) and entering the UAE, Saudi Arabia and Bahrain.