Info-Tech eyes regional growth after SGX listing

It kept 91% of its customers in the past fiscal year—above the industry average.

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Info-Tech Systems Ltd. is accelerating its overseas growth plans following its listing on the Singapore Exchange (SGX), according to its CEO.

"This strong Singapore branding holds much weight when we pursue our overseas expansion plans because Singapore is known for high standards for corporate governance and integrity, CEO Babu Dilip told Singapore Business Review.

"Being a Singapore-listed company comes with a certain level of trust," the chief executive said in an exclusive interview.

Info-Tech, which provides cloud-based human resource management (HRM) and accounting software, is focusing on expanding its market share in its existing markets: Singapore, Malaysia, Hong Kong, and India.

The small and medium enterprise (SME)-focused cloudbased HR and accounting software sectors across the four markets where it operates are expected to grow by as much as 11.9% annually from 2025 to 2029, "which bodes well for the group," Dilip told the magazine.

"Info-Tech Systems is well-positioned to capitalise on the push for digitalisation that has driven the increasing adoption of cloud-based solutions particularly amongst SMEs," the chief executive officer continued.