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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

May - 2005 - issue > Entrepreneurship

Laser Soft holds head aloft

Priya Pradeep
Saturday, April 30, 2005
Priya Pradeep
Laser-sharp dreams converge at Chennai and hope to capture India and beyond. That’s CMD, Suresh Kamath’s brainchild – the software product company – Laser Soft.

Born in 1986, Laser Soft’s focus is on product development for the banking and financial service sectors. After 19 years, the 520-employee strong Laser Soft has evolved to become the third most important player in the Indian Banking Software industry.

With over 5,000 installations in India and overseas, Laser Soft handles four core banking projects. The product offerings cover the entire range of Banking Operations that include Core Banking and 24 other specialized products.

Flashback
A graduate from IIT Chennai, Kamath worked four years for two IT companies before the entrepreneurial spirit besieged him. Bravely trusting his instincts, he left his cushy job at TCS in 1986 and started a new chapter in his life.

Kamath surveyed the sectors, which held promise to him and zeroed in on two choices Banking and Health Care. It was a challenge to begin here without any domain knowledge. He scripted his destiny without any predecessors in this sector to regard as role models or competitors. i-flex, a well-known name now in banking solutions, did not exist in the country during the mid-eighties.

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