Seshaasai Technologies was originally incorporated as ‘Seshasai Business Forms Private Limited’ at Mumbai as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 17, 1993, by the Registrar of Companies, Maharashtra at Mumbai (RoC). Pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal vide order dated February 8, 2024 (Scheme of Arrangement), the company was converted from a private limited company to a public limited company and consequent upon conversion, the name of the company was changed to ‘Seshaasai Business Forms Limited’ and a certificate of change of name dated October 14, 2024, was issued by the RoC. The name of the company was further changed to ‘Seshaasai Technologies Limited’ as part of the corporate rebranding of the company to reflect the principal business being undertaken by the company in terms of the Scheme of Arrangement, and a fresh certificate of incorporation consequent upon change of name was issued to the company by the RoC on November 25, 2024.It is a technology driven multi-location solutions provider focussed on offering payments solutions, and communications and fulfilment solutions catering primarily to the banking, financial services and insurance (BFSI) industry, with data security, and compliance at the core of its solutions.

Solutions, that it offers at scale and on a recurring basis driven by its proprietary platforms, play a crucial role in enabling the operations and deliverables of the BFSI sector in India. It also offers Internet of Things (IoT) solutions to a diverse set of customers across industries.Its business verticals comprise Payment Solutions, Communication and Fulfilment Solutions and IoT solutions. Under payment solutions, it offers a range of payment enabling instruments such as, debit cards, credit cards, pre-paid cards, mass transit cards and cheques.

Under communications and fulfilment solutions, it offers secured omni-channel communication solutions such as print, interactive portable document format sent via email and text messages. Its IoT Solutions encompass a comprehensive range of radio frequency identification enabled offerings and IoT ecosystem services.Also, it offers a range of payment enabling instruments on Indian and well recognized global payment schemes such as, debit cards, credit cards, pre-paid cards, mass transit cards and cheques. As part of its offerings, it designs and develops these instruments and securely embeds customers data onto them and send to end customers, either individually or packaged into specialised kits.

Its patented QR technology helps to enhance security of instruments manufactured by it.Business area of the companyThe company is a technology driven multi-location solutions provider offering payments solutions, communications and fulfilment solutions and IoT solutions. It is primarily catering to the banking, financial services and insurance (BFSI) industry, with data security, and compliance at the core of its solutions.Business verticals of the companyPayment SolutionsCommunication and Fulfilment SolutionsIoT solutionsAwards and accreditations2021: Best Tech brand in the BFSI Sector by Economic Times2021: Leader in the Customer Communication Management (CCM) space by Asia One2022: One of the Best Tech Brand in the BFSI Sector by Economic Times2023: One of the Best Tech Brands by ET Edge2024: One of the Best Tech Brands by ET EdgeHistory and milestones1993: Incorporation of the company1995: Received RBI Permit for Security printing2001: First personalized cheque book printed for a large private sector bank in India2001: Started printing bank statements2001: Seshaasai e-forms incorporated2002: Started its first unit outside Navi Mumbai, in Velacherry, Chennai2002: Chennai unit received IBA License for printing security instruments2003 Started printing insurance statements, welcome kits and data entry2005: Started its unit at Okhla, Delhi2006: Delhi unit received IBA License for printing security instruments2007: Started its unit at GF 1, Peenya Stage 1, Bengaluru2007: Its Bengaluru unit (GF 1, Peenya Stage 1) received IBA Licence for printing Security instruments2009: Started Telecom bill printing activity2009: Bagged first big Government Project for GOI - ICR Scannable schedules with Variable and Barcode printing, census of India 20112009: Started Kundli and Kolkata units2010: Kolkata unit received IBA Licence for printing security instruments2012: Awarded UIDAI order for printing of Aadhar Cards2015: Set up Card units for Rupay and two Global Payment Schemes at Mumbai2016: Kundli unit received IBA Licence for printing security instruments2018: First certified bureau in India to receive NPCI approval for Smart City - Common mobility cards for transit2019: Approval for Fast Tags - ETC Toll Tag2019: Manufacture of personalised Chip cards2019: Set up the RFID unit at Bengaluru2019: Started Nagpur unit2021: Developed smart wearables as an alternative for payments and launched the Rupay On-the-Go for making contactless payments using everyday wearables2021: Set up the chip bonding facility at Mumbai2022: Nagpur unit received IBA Licence for printing Security instruments2023: Expanded the RFID facility to new facility at Bengaluru and Kundli2023: Setup specialty cards (Metal, Biometric) manufacturing at Bengaluru2024: Scheme of Arrangement entered into by and amongst the company, Seshaasai E-Forms Private Limited, Qupod Technovations Private Limited and their respective shareholders and creditors2025: Acquisition of Atoll Solutions Private Limited