EffiaSoft
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About EffiaSoft

EffiaSoft delivers cutting-edge enterprise software solutions tailored for industries including Retail, F&B, Distribution, Shipping, Airlines, Banking, and Taxation. Our mission is to empower businesses with Efficient, Intelligent, and Affordable technology that drives growth and innovation. We offer end-to-end IT product engineering services, serving as an extended development arm for enterprises worldwide.
Our flagship product, JustBilling, is a multi-level business management solution, optimizing business processes and fostering enhanced customer and stakeholder engagement.
Since 2012, EffiaSoft has completed 1.5 million+ hours of development work across niche industries, with a team of 250+ professionals dedicated to delivering next-gen enterprise solutions. Our innovations have been recognized by Startup India, Red Herring Asia, IBM Global Entrepreneur, and Google Startup Launch.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 44 reviews | 3.5/5 based on 60 reviews | 4.8/5 based on 242 reviews | 4.5/5 based on 150 reviews |
Highly Rated for | Company culture | No highly rated category | Skill development Work-life balance Company culture | Skill development Work-life balance Company culture |
Critically Rated for | No critically rated category | Promotions Job security | No critically rated category | No critically rated category |
Primary Work Policy | - | Hybrid 83% employees reported | - | Permanent work from home 71% employees reported |
Rating by Women Employees | 3.7 Good rated by 12 women | 3.2 Average rated by 13 women | 4.8 Excellent rated by 45 women | 4.4 Good rated by 50 women |
Rating by Men Employees | 4.0 Good rated by 28 men | 3.6 Good rated by 46 men | 4.8 Excellent rated by 194 men | 4.5 Good rated by 99 men |
Job security | 3.7 Good | 3.3 Average | 4.6 Excellent | 4.0 Good |
EffiaSoft Salaries
Software Developer
Associate Software Developer
Senior Software Engineer
Senior Software Developer
Senior Quality Analyst
Quality Analyst
Lead Software Developer
Android Developer
Senior Android Developer
Software Engineer
EffiaSoft Jobs
EffiaSoft News
Zaggle Shares Rally 10% Intraday
- Shares of Zaggle Prepaid Ocean Services surged 10% to INR 332 apiece during the intraday trading session on the BSE today.
- At 11:40 AM, the shares were trading at INR 329.70, up 9.2% from the previous close at INR 301.85.
- The company’s market capitalisation stood at INR 4416.02 Cr with 7.58 Lakh hands traded. This jump comes after Zaggle’s shares nosedived 4.7% during its previous trading session (April 9).
- Zaggle, a spend management and corporate employee benefits platform, is planning to acquire a 45.33% stake in PoS software solutions provider Effiasoft for INR 36.72 Cr.

Zomato, Ola Electric Amid Losers In A Mixed Week For New-Age Tech Stocks
- It was a mixed week for new-age tech stocks on the bourses, with 20 out of 32 companies declining in a range of 0.18% to just under 19%.
- Veefin Solutions saw a 60% erosion in share prices, while EaseMyTrip was the second-biggest loser dropping 13.51%.
- Companies like Ola Electric, MobiKwik, Swiggy, Zomato, and PB Fintech were among the losers for the week.
- On the other hand, 12 new-age tech companies gained up to nearly 12% with Menhood leading the gains at 11.48%.
- Market cap of the 32 new-age tech stocks was at $74.07 Bn by the end of the week as compared to $76.65 Bn in the previous week.
- Benchmark indices Sensex and Nifty 50 showed recovery, with Sensex gaining 0.6% and Nifty 50 moving close to 200 points from the previous week.
- FIIs returned to the Indian market leading to a correction in valuations, attributed to the bear run seen in the past months.
- BofA Securities downgraded Zomato and Swiggy due to expected losses in the quick commerce segment and a slowdown in food delivery segment growth.
- Zaggle made acquisitions in Mobileware Technologies and Effiasoft, continuing its inorganic growth plans.
- Despite acquisitions, Zaggle's shares slipped 0.44% for the week, ending at INR 360.05.

Zaggle buys 51% stake in Hyderabad-based billing software company EffiaSoft
- Zaggle is set to acquire a 51% stake in billing software company EffiaSoft for Rs 41.31 crore.
- Zaggle will buy a 45.33% stake for Rs 36.72 crore in cash from shareholders and founders of EffiaSoft.
- The remaining 5.67% stake will be acquired for Rs 4.59 crore, with the payment method to be announced later.
- This strategic acquisition will allow Zaggle to enhance its fintech ecosystem and drive digital transformation.

Stocks that will see action today: March 28, 2025
- CG Power and Industrial Solutions launched 'Fluxtron,' an efficient medium voltage induction industrial motor that enhances energy efficiency and productivity.
- Entities like ICICI Prudential MF and Morgan Stanley acquired a 1.6% stake in Max Financial Services for ₹611.60 crore.
- Adani Energy Solution Ltd acquired Mahan Transmission Ltd, a ₹2,200-crore intra-state transmission project.
- Dixon Technologies signed a JV agreement with Signify for manufacturing lighting products.
- The Ministry of Defence signed a deal for around 5,000 light vehicles with Force Motors Ltd & Mahindra & Mahindra Ltd.
- Punjab & Sind Bank raised ₹1,219.39 crore through a Qualified Institutions Placement.
- Zaggle Prepaid Solutions acquired a 45.3% stake in Effiasoft for ₹36.7 crore.
- Sandhar Technologies sold its stake in Jinyoung Sandhar Mechatronics joint venture.
- Jio Financial Services increased its stake in Jio Payments Bank and acquired shares in Jio Finance.
- Servotech Renewable Power System secured a patent for its innovation related to peak shaving.

Zaggle To Acquire 45% Stake In SaaS Company Effiasoft For INR 36.7 Cr
- Fintech SaaS company Zaggle plans to acquire a 45.33% stake in Effiasoft for INR 36.72 Cr.
- Zaggle received approval from its board to acquire the stake from Effiasoft cofounders.
- The acquisition will enhance Zaggle's tech stack and drive digital transformation in the fintech space.
- Zaggle aims to complete the transaction in the next 90 days.

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