TECHNVISION VENTURES LTD.

Operates as the listed Indian parent of a group of overseas-focused IT services and enterprise software companies. Revenue is generated primarily through US-based affiliates Solix Technologies, an enterprise data management and AI platform provider offering archiving, ILM, eDiscovery and cloud solutions, and Emagia Corporation, which sells AI-driven autonomous finance software for order-to-cash, accounts receivable, e-invoicing and tax compliance. Other group entities include Siti Corporation USA, Accelforce, and 5 Elements Homes. Emagia's platform is used by global enterprises and has secured Avalara's electronic invoice reporting certification, while Solix has opened new offices in London, Mexico City and Singapore to drive its data and AI services business. Domestic India revenue is negligible, with overseas operations the dominant contributor. The business model is people-intensive, with employee costs representing the majority of revenue and other operating expenses adding to a heavy cost base that leaves EBITDA margins extremely thin. Consolidated operating cash flow turned negative during FY26.