Accelya Solutions India Ltd
NSE: ACCELYA BSE: 532268
₹1226.70
(2.09%)
Sun, 15 Mar 2026, 00:06 pm
Market Cap17.9B
PE Ratio16.99
Dividend7.13
Technology Services
Packaged Software
24.5KCompany History
1980
- Partnership firm registered in February under Partnership Act, 1932, in Pune.
1986
- Kale Consultants Private Limited incorporated on September 25 under Companies Act, 1956.
- Memorandum of Understanding signed on September 20 between KC partners and KCPL promoters.
- Promoted by Narendra Kale and Vipul Jain.
1989
- InCare product wins Young Consultants award from Indian Ministry of Science and Technology.
1993
- Launched Praxis revenue accounting product at IATA conference in Montreal.
- Developed Plutus family of software for banking operations.
1997
- Became deemed public limited company and renamed Kale Consultants Limited on October 29.
- Achieved ISO 9001 certification.
- Set up offices and subsidiaries in USA and Australia.
- Created Kale Consultants Limited Employees Welfare Trust for ESOP.
- Established Kale Consultants Projects Unit.
1998
- Kale Consultants NZ Limited incorporated as 100% subsidiary.
1999
- Allotted 535,000 shares to Employees Welfare Trust and extended loan.
- Launched Winbank off-the-shelf product for retail branch automation.
- Set up subsidiaries in US, New Zealand, Australia, and office in Europe.
- Tied up with Microsoft.
- Tied up with Speedwing for airline products marketing.
- Launched Intranet products: Web Friday Reporting, Web CIS, Sahayak, Web PMS.
- Entered hospitality and healthcare segments.
- Set up Dedicated Conversion Center for Y2K services.
- Plans new Plutus version for host-centric banking.
2000
- Launched RevERA automated accounting package for airlines.
- Launched FareGAIN for revenue loss recovery.
- Launched WINBANK shrink-wrapped retail banking product.
- Entered strategic alliance with Eagle Technology Group of New Zealand.
- Signed strategic partnership with Technology One of Australia.
- Announced strategic alliance with Atraxis, subsidiary of Swissair.
- Acquired 30% stake in healthars.com.
- Entered agreement for joint venture with Syarikat Pesaka Antah, Malaysia.
- Acquired key assets of Speedwing from British Airways.
- Signed contract with Dar-Es-Salaam Airport Handling Company for Mercury cargo software.
2002
- Ninad Umranikar appointed Company Secretary.
- Dr. S H Kale not reappointed at AGM.
2003
- Sold Banking Products business to Onward Technologies Limited.
- Preferential allotment of equity shares and warrants to promoters.
- Acquired Cognosys Software Private Limited.
- Forfeited 1,100 equity shares for non-payment.
- Mr. PG Kakodkar resigns from Board of Directors.
- Secured outsourcing contract from Hellas Jet.
2004
- Sobha acquires Kale's subsidiary.
- Kale Consultants launches CSP solutions for cargo operators.
- Kale Consultants bags contract from Kuoni India's SOTC for SIT Unit software.
2005
- Registered office shifted to Kale Enclave, Satara Road, Pune.
2010
- Kale Consultants positioned as leading solutions provider to airlines, airports, logistics, and travel.
2011
- Accelya Kale introduces Miscellaneous Billing Solution for airlines.
- Accelya Kale Solutions Limited listed among Forbes Asia’s 200 Best Under a Billion Companies.
- Kenya Airways selects Accelya Kale’s Fare Management services.
2012
- COPA Airlines selects Kale’s REVERA Interline service.
- Kale Consultants renamed to Accelya Kale Solutions Limited.
- Air India partners with Accelya Kale.
2013
- Accelya Kale offers solution for small and mid-sized airlines in financial processing.
- Accelya Kale launches REVERA NEXT revenue accounting solution.
- Accelya Group partners with Thai Airways for revenue accounting.
- Accelya Kale Solutions wins Diversity Impact Award.
2014
- SriLankan Airlines selects Accelya’s eSmash for market share measurement.
- Accelya voted winner of Information Technology for the Air Cargo Industry 2014.
- Bangkok Airways outsources financial processes to Accelya.
- Accelya voted IT Company of the Year 2014.
2015
- Accelya voted Readers Choice company at Air Transport News Awards.
- LATAM Airlines Group selects REVERA PRA for revenue accounting standardization.
2016
- Accelya launches Analytics and Consulting Services for global airlines.
2017
- Accelya acquires Anari to enhance airline optimization portfolio.
2018
- Company name changed to Accelya Solutions India Ltd from Accelya Kale Solutions Ltd.
- Accelya announces acquisition by Vista Equity Partners.
- Accelya and Mastercard partner for end-to-end payments management solution for airlines.
2019
- Accelya announces acquisition by Vista Equity Partners.
2020
- Accelya partners with IATA for ADM management service.
- Accelya completes acquisition of Farelogix.
2021
- Accelya partners with Hawaiian Airlines for NDC-enabled retailing.
- Accelya receives IATA Airline Retailing Maturity Index recognition for FLX platform.
2022
- Accelya establishes new Center of Excellence for NDC adoption and One Order retailing.
- Avianca Airlines selects Accelya’s Order Accounting.
2023
- Accelya extends modern retailing partnership with Qantas.
- Accelya renews NDC partnership with United Airlines.
- Thai Airways extends 11-year software partnership with Accelya and adds revenue accounting.
- Turkish Airlines extends partnership with Accelya for data and analytics solutions.
- Air Cairo selects Accelya for revenue management.
2024
- Accelya launches FLX ONE, an open API-driven platform for airline retail transformation.
- Accelya launches FLX Order Accounting Solution.
- THAI expands partnership with Accelya for comprehensive financial solutions.
- Accelya partners with WestJet for modern retail transformation.
- Oman Air upgrades retailing and distribution capabilities with Accelya.
- Accelya introduces FLX Select, a new NDC service for fast implementation.
2025
- Accelya launches FLX ONE Vision for real-time order intelligence.
- Accelya signs strategic collaboration agreement with AWS to accelerate modern airline retailing.
- Accelya opens new global headquarters in Windsor, UK.
- Accelya recognizes Navan and AmTrav with inaugural Travel Seller Excellence Awards at GBTA 2025.
- Accelya and IATA deepen collaboration to advance airline settlement.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800