HK Infoware Limited (HKIL) is a technology-driven organization with over three decades of innovation, adaptability, and growth. Since 1987, we have been leveraging technology to enhance industries and create meaningful impact.
From pioneering banking automation solutions in India to evolving into a dynamic Software-as-a-Service (SaaS) provider, our journey reflects dedication, resilience, and continuous transformation.
HK Infoware Limited began its journey in 1987, born from the vision of Mr. P.K. Panicker, an innovative entrepreneur in Kolkata. Recognizing the winds of modernization sweeping across India, Mr. Panicker leveraged his extensive background in marketing electronic products to create a groundbreaking solution for the banking sector: BANCAL.
Launched at a time when organized computing was still in its infancy in India, BANCAL — a chip-based banking automation product — achieved over one lakh installations in leading banks across India, including SBI, BOB, UBI, Federal Bank, SBT, and Allahabad Bank. It was widely regarded as a remarkable achievement and set the foundation for HK Infoware Limited’s future innovations.
Building on this success, Mr. Panicker introduced Banksoft, a powerful and scalable total branch automation solution. Before the advent of core banking systems in 2007, Banksoft recorded around 4,000 installations nationwide, becoming a trusted solution across the banking sector.
Through relentless pursuit of innovation, hard work, and dedication, HK Infoware Limited entered the emerging age of Information Technology in India with strong technical credibility.
In 1993, the company became a private limited organization, and in 2000, HKIL strengthened its technical foundation by becoming a Microsoft Certified Solutions Provider. By 2004, Banksoft had been successfully implemented across Allahabad Bank, spanning the country from Jammu to Kanyakumari.
In 2007, HK Infoware Limited became a public limited company, marking a significant milestone in its corporate evolution. The company also undertook major e-governance initiatives, including a large-scale project for the Treasury and Pension Department of the Government of Sikkim, showcasing its expertise in digital transformation.
In 2016, Mr. Harish Krishnan assumed the role of Director at HK Infoware Limited, ushering in a new era of strategic innovation and modernization.
Under his leadership, the company transitioned from a single-product software organization into a dynamic Software-as-a-Service (SaaS) provider. This strategic shift expanded HK Infoware Limited’s focus beyond traditional software delivery toward scalable cloud-based platforms.
Flagship applications such as Tulip DeskTM and HKStar Cloud were introduced to serve the evolving needs of the education and hospitality sectors. These solutions are designed to help clients remain competitive in a rapidly changing digital landscape.
His collaborative and open leadership style fosters a culture of innovation, teamwork, and resilience — enabling HK Infoware Limited to adapt to industry shifts and pursue sustainable growth.
Today, HK Infoware Limited is a technology-driven organization focused on building scalable, secure, and future-ready digital solutions.
From banking automation to SaaS-based platforms, our evolution reflects our ability to embrace change while remaining rooted in strong engineering principles.
Our current focus areas include:
With a strong foundation and a forward-looking mindset, we continue to innovate and expand our ecosystem.
To evolve and grow as a prominent Software Product and Services provider in India with a global footprint, driven by Integrity, Innovation, and Teamwork.
We are committed to earning our customers’ loyalty and patronage through continual improvement of all our work processes.
To provide cost-effective, efficient, and flexible Software Products and Services of high quality that deliver long-term commercial benefits to our customers based on their key business requirements.
At HK Infoware Limited, we value our commitment and the trust of our clients and stakeholders.
We constantly strive for:
At the same time, we ensure a challenging, rewarding, and motivating environment for all our team members.
We are committed to earning our customers’ loyalty and patronage through continual improvement of all our work processes.
Maintaining superior quality requires research, development, planning, technology upgradation, and consistent hard work. At HK Infoware Limited, we believe customer satisfaction is the ultimate reward for our efforts.
We achieve this through:
We strive to meet and exceed customer expectations in terms of quality, reliability, and service.
HK Infoware Limited continues to expand its ecosystem by forging alliances with global technology partners and organizations, creating synergy in technology and domain expertise.
After more than three decades of growth, the company’s future focus lies in the Education and Hospitality industries, with an emphasis on scalable SaaS platforms and cloud-based innovation.
With each sincere effort, HKIL continues to pave its path block by block toward sustained growth and meaningful technological impact.
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BANCAL, launched in 1988, was essentially a ‘Banking Calculator’ and also referred to as such. It had a microchip at its heart and was an efficient device to aid and streamline back-office automation for the banking processes.
With the launch of BANCAL, HKIL entered into the development of automation in banking sector of India. This ushered the company into a new era of growth in the Indian Banking sector. The product was the first and only one of its kind and made entry into the banking industry at a time when the concept of organized computing was yet to come.
This enabled the banks to significantly improve their efficiency levels by automating functions like interest calculations, ledger postings, report generation, etc.
BANCAL was truly ahead of its times as no significant automation initiatives were there for the Banking Industry till then. As a result, it was commissioned by almost all the reputed banking establishments in the country. It was a huge success and sold 1,00,000 units till the advent of the new generation personal computers.
Banksoft was the first software solution developed as a product by HK Infoware in 1995 for the banking sector. This product provided integrated online and real time processing of data which helped the banks to significantly improve the speed and quality of their customer services.
This server independent software was highly secure and could be configured with most database servers and operating system platforms of that time, making it very flexible and convenient for operation. Moreover, it provided a total branch automation (TBA) solution to the banks which benefitted them immensely in their back-office processes and in their customer relationship. This opened a new realm of banking experience for the bank staff as well as the customers.
Banksoft had a very successful track record in various Nationalized Banks, Gramin Banks (RRBs), Co-operative Banks and Credit Societies across the country. It entered the Indian market at a time when the banking sector was ushering into a new world of competition, total automation, security of data, fast and efficient customer service and expansion of branch network.
With the technical skill and industry experience of a highly efficient team at one hand and strategic alliances with other solution providers at the other, HKIL has commissioned many turnkey projects in Banking Automation successfully, like:
Banksoft achieved about 4000 installations across the length and breadth of the country, and was able to build up a loyal customer base in banking sector till 2007 when the Core Banking concept came into being.
