The dip in overall revenue was a result of the disruption in Lipis supply
chain following the acquisition of TallyGenicom brand by Printronix; and the key
assets of TallyGenicom AG & TallyGenicom Computerdrucker GmbH by DASCOM. Lipi
Data managed to bag the distributorship of TallyGenicom brand of serial,
passbook and mobile printers in India. With the boom in the retail sector, bar
code scanners was a potential growth area for Lipi. During the year, it
partnered HID Global to meet the growing demand for Fargo card printers in
India.
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FACTSHEET
l CEO: Mukul Singhal l Start-up |