CapitalNumbers Subsidiary Bags ₹4 Crore Agile Development Order from US Client

K N Mishra

    14/Jul/2025

What's covered under the Article:

  1. CapitalNumbers LLC, US subsidiary of CapitalNumbers Infotech, secured a ₹4 crore software order.

  2. The international order spans 7 months and involves agile software development services.

  3. Client identity remains undisclosed due to NDA, with no related party involvement in the transaction.

In a significant development aimed at strengthening its international business presence, CapitalNumbers Infotech Limited has announced that its wholly owned US-based subsidiary, CapitalNumbers LLC, has successfully secured a confirmed new software development order worth ₹4 crore. This material update was disclosed on 14th July 2025, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and as per the guidelines outlined in SEBI circulars dated July 13, 2023, and November 11, 2024.

The newly bagged project involves a comprehensive Agile Development Services Agreement and is scheduled for completion over a 7-month period. Although the name of the client has not been disclosed due to a signed Non-Disclosure Agreement (NDA), the company has confirmed that the awarding entity is a US-based international client.

The nature of the services to be provided includes software development and related technology services, which are part of CapitalNumbers’ core offerings. Known for its expertise in custom software solutions, full-stack development, and digital transformation, the company is expected to leverage its team’s extensive experience to deliver the project efficiently and within the stipulated timeline.

This ₹4 crore international contract underlines CapitalNumbers' growing global footprint and highlights the market’s increasing trust in Indian technology service providers. It reflects the company’s consistent ability to attract significant overseas business through high-quality tech solutions, streamlined processes, and a mature Agile development methodology.

Importantly, the company has clarified that there is no promoter or promoter group interest in the client entity, and the transaction does not fall under related party transactions, ensuring that the deal is executed at arm’s length terms, upholding corporate governance standards.

CapitalNumbers Infotech Limited, headquartered at the Mani Casadona IT Building, New Town, Kolkata, has emerged as one of India’s fastest-growing technology outsourcing firms. The company has received recognition from The Economic Times as one of India's Growth Champions 2023, and it also holds a D-U-N-S number from Dun & Bradstreet, establishing its credibility in the global market.

The company has a solid track record of delivering scalable, secure, and enterprise-grade digital products for clients across industries such as fintech, e-commerce, education, health tech, media, and more. With operations extending into North America, Europe, and Asia, CapitalNumbers continues to expand through both organic growth and strategic project wins like this latest ₹4 crore contract.

Agile development, as mentioned in the disclosure, remains a cornerstone of CapitalNumbers' delivery model. This approach emphasizes iterative development, client collaboration, rapid delivery, and flexibility in changing requirements—making it ideal for global enterprises looking for real-time adaptability in their digital products. The 7-month duration suggests a complex, mid-sized software project possibly involving multiple sprints, collaborative teams, and milestone-based deliverables.

By securing this international order, CapitalNumbers Infotech Limited further reinforces its reputation as a dependable digital technology partner for global businesses. The deal also signals the company’s preparedness to take on larger, time-sensitive, and business-critical projects that require not only technical expertise but also a high level of operational maturity and delivery assurance.

From an investor and market analyst perspective, this announcement is particularly noteworthy. A project of this scale reflects the company's strong positioning in the offshore software development segment and is likely to contribute positively to its top-line revenues in the upcoming financial quarters. Given the increasing demand for remote-first, cost-effective software development teams, especially from the US and Europe, CapitalNumbers stands to benefit from this broader market trend.

Additionally, the non-disclosure of the client’s identity due to an NDA is a routine occurrence in the global IT services industry and often indicative of collaborations with high-profile or enterprise-level clients. While the details remain confidential, the magnitude of the contract offers confidence regarding the scale and importance of the engagement.

The company’s swift communication to the Bombay Stock Exchange (BSE) also showcases its commitment to transparency, regulatory compliance, and timely investor communication, in line with best corporate practices as expected from a listed entity.

In conclusion, CapitalNumbers Infotech Limited's ₹4 crore international project win, awarded to its wholly owned subsidiary CapitalNumbers LLC, marks a significant strategic and operational milestone. With a 7-month project duration, clear arm’s length execution, and delivery scope focused on Agile software development, the deal reinforces the company’s credibility as a global IT services provider. The announcement not only boosts investor confidence but also further strengthens CapitalNumbers' position in the international technology outsourcing arena.

As digital transformation continues to accelerate globally, especially in the post-pandemic era, Indian tech firms like CapitalNumbers are well-positioned to lead the charge. This development will likely serve as a catalyst for future deals and pave the way for even greater international partnerships in the near future.


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