Tally Solutions
Tally expects 30-40% revenue growth in FY25; to expand overseas footprint
Homegrown accounting software firm Tally Solutions looks to expand its footprint in the Middle East, Southeast Asia and Africa and expects revenue growth of 30-40 per cent this financial year, a senior company executive has said. "Currently, we provide accounting software solutions mostly to the Micro, Small and Medium Enterprises (MSMEs) and are growing at 20-30 per cent annually. We expect revenue growth of 30-40 per cent in 2024-25," Tally Solutions Managing Director Tejas Goenka told PTI. Further, Goenka said that the company currently has a limited presence in Africa, the Middle East and Southeast Asia and is planning to expand going forward. "We are present in Kenya, Indonesia, the UAE and Saudi Arabia. We think there is a huge potential to expand in these three geographies. We are working on a long-term goal on the expansion and we try to be very aggressive. We aim to win the market with businesses thinking of us as the go-to brand," he said. The company, which enjoys a 70-8
 "Tally expects 30-40% revenue growth in FY25; to expand overseas footprint")
Tally is investing heavily in AI to develop new product experience: Goenka
We have over 2.3 million licensed customers and over 7 million users in more than 100 countries across various business segments, said Goenka
 "Tally is investing heavily in AI to develop new product experience: Goenka")
Tally launches Release 6.6, aims to improve accessibility for entrepreneurs
The release empowers entrepreneurs with business information like business reports and invoices
 "Tally launches Release 6.6, aims to improve accessibility for entrepreneurs")
India still an underserved market for software products: Tally Solutions MD
Tally is synonymous with going digital for small and medium businesses in India. The company, among country's first software product firms has retained its focus building solutions to for local needs, even as firms moved towards services to tap into the opportunity over two decades ago. The firm, which has made its enterprise resource planning (ERP) software compatible to the Goods and Services Tax (GST) regime that the country will transition this year."India as a country is waiting for good product companies who have cracked the right business model. But that isn't getting cracked yet, though I feel some are on the right path," says Bharat Goenka, Managing Director, Tally Solutions in an interview with Alnoor Peermohamed and Raghu KrishnanEdited Excerpts:Tally is among the first product companies in the country and you continue to evolve, how has the ecosystem changed in the last few years?If you take the journey of the country, the first few years of IT, until late 90s was ...
 "India still an underserved market for software products: Tally Solutions MD")
