Nazir Karigar, 67, is the first person to be convicted under Canada's Corruption of Foreign Public Officials Act, which had previously been used to prosecute corporations.
"The corruption of foreign public officials, particularly in developing countries, is enormously harmful and is likely to undermine the rule of law," Ontario Superior Court Justice Charles Hackland was quoted by the daily Ottawa Citizen as saying during sentencing.
"The idea that bribery is simply a cost of doing business in many countries, and should be treated as such by Canadian firms competing for business in those countries, must be disavowed," he said.
CryptoMetrics did not win the contract.
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No evidence of any money transfers to Indian officials was presented at trial. Rather prosecutors proved the accused's intent to pay a bribe.
Four corporations convicted under the act prior to this case paid fines of up to USD 10 million.
Several executives and employees of engineering firm SNC-Lavalin have also been charged since 2012 in an ongoing bribery investigation.