147. Binary Semantics



Established in 1986, Binary Semantics offers custom software development services. From a revenue of Rs 2 lakh in the first year, the company has grown to Rs 40 crore in 2000-01. Binary saw a drop in its growth rate this year, from 24.5% to 18%. The company plans to invest Rs 16.5 crore to set up operations in Europe and double its Indian software development activities. Binary is also setting up a development facility in
Gurgaon, which will house 180 professionals. 

PERFORMANCE HIGHLIGHTS

  • Revenues grew 18% to Rs 40 crore
  • New facility planned in Gurgaon
FACT SHEET
CEO: Akhil Choudhary 
START-UP YEAR: 1986  PRODUCTS: Software packages, consultancy, training l Agency Operations: Adobe,
Autodesk, CA, Corel, Lotus, Microsoft, Novell and SCO
ADDRESS: 31-32, Begumpur Park, Shivalik, Malviya Nagar, New Delhi 
TEL: 6411321  WEBSITE: www.bslindia.com
 

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