e-Uttar Pradesh 2013 - Small is Beautiful – IT SMEs, BPOs, IT-ITeS in Uttar Pradesh Rekha Roy, Director, LTech Software Solutions
Small is Beautiful
• Started in 2005 in Gurgaon with single client
• Moved to Lucknow in September 2006.
• Registered with STPI in 2006.
• Initial Issues
– Difference in mindset
– Custom Bonding
– Direction for the Company
LTech – Next Level
• Established as a private limited company.
• More Clear about the direction of the
company, with clear marketing strategies
• Underselling ourselves at many places
• Lack of processes
• Lack of support in terms of mentorship
LTech – Next Level
• Experimented with various domains and
settled with Financial domain as the main
• Worked mainly on Matching Engines,
Brokerage Solutions, trading Algorithms,
connectivity with various exchanges.
• Resource issues – A big Worry
LTech - Product
• In 2012, focused on Product and signed a MOU
with UK based company for marketing our
solutions in UK and US.
• Launched commodities Exchange in Nepal in Aug
• Commodities Exchange in Nepal – Everest
Commodities Exchange (www.ecxnepal.com)
• Another deployment scheduled in Jan 2014 in
South Africa as a brokerage solution connected
to JSE(Johensburg stock Exchange)
LTech – Product - Issues
• During this phase, we just concentrated on
products and closed most of the services side
business. This was an oversight and a wrong
• Funds Crunch
• Used Incubation centre from STPI
• Product – Needs time to evolve and mature
LTech – Complete Developer
• Launched Complete Developer LLC (
www.completedeveloper.com) in Nov 2013 in US with
a US partner.
• Idea is to bridge the gap between the service providers
in India and clients in US.
• CD will promote and source the project from clients
there, do the project management and outsource it to
the SME partners in India.
• Help SMEs (startups) in India to concentrate on project
execution instead of marketing their services.
• Provide best practices in Development as well as help
in technology to our partners in India
LTech – Current Status