Staffing, accounting, and IT solutions provider serving India and cross-border markets
Novel Financial Solutions operates a three-pillar business—staffing and resource augmentation, cross-border accounting and tax services, and IT project delivery—built on a tech stack of Linux, C/C++, and Android tooling that reflects legacy systems and embedded work rather than modern cloud-native infrastructure. Active projects around target operating model optimization and process standardization suggest internal friction around scaling operational efficiency, while the hiring mix (4 sales, 2 legal, 2 ops, 1 engineer) indicates a sales and compliance-driven org with minimal engineering capacity.
Novel Financial Solutions, headquartered in Nasik and founded in 1999, is a privately held firm serving multinational corporations, mid-market companies, and government agencies across staffing, back-office accounting, and IT services. The staffing division provides temporary and permanent placements across IT, healthcare, hospitality, oil & gas, and retail sectors, with onshore/nearshore/offshore delivery models. The accounting practice covers taxation, audit, and bookkeeping for India-based, UAE-based, and Singapore-based clients navigating cross-border compliance. The IT solutions division executes fixed-price and time-and-materials projects in cloud migrations, ERP implementations, and sector-specific work (FMCG, energy), with service delivery centered in India to optimize cost. The firm maintains 501–1,000 employees across offices in India and Singapore.
Linux, C/C++, Android, GStreamer, Android Automotive, virtio, alongside office tools (Excel, PowerPoint, Microsoft Office) and collaboration software (Jira, Confluence).
Staff augmentation and recruitment across IT, healthcare, hospitality, oil & gas, and retail; cross-border accounting, tax, and audit services for India, UAE, and Singapore-based clients; and IT project delivery including cloud migrations and ERP implementations.
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