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Rank - 144 : Megasoft

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DQI Bureau
New Update

The sharp decline in revenues was due to divestment of IT services (BlueAlly

division) in October 2009 to focus on telecom; considering that IT accounted for

45% of Megasofts revenues the previous year. Subsequently, it optimized

operations in the telecom division (XIUS-bcgi) in the US and returned to

profitabilityby moving from licensing to a monthly revenue (pay-per-use) model.

It went live with two larger carriers in the US with its mobile advertising

platform, Xius Advalue. It also expanded into the Far East and Central America.



Rank - 144 : Megasoft

FACTSHEET

l CEO & MD: GV Kumar l Start-up

Year: 1994 l Products & Services: IP driven technology solutions l Address:

85, Kutchery Road, Mylapore, Chennai 600 004 l Employees: 500 l Tel: 044

2461 6768 l Fax: 044 2461 7810 l Website:

www.megasoft.com

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