Doreswamy, Who Played Role in Excelsoft IPO, Appointed CEO

Excelsoft Technologies Limited has appointed Doreswamy Palaniswamy as its Chief Executive Officer, effective from the commencement of business hours on April 1, a disclosure said. 

In a statement, the company said the Board has expressed full confidence in Doreswamy P to steer Excelsoft into its next phase of growth, citing his more than 25 years of leadership experience across technology, services, and financial management.

Doreswamy P has previously held senior roles at organisations including ISS, Quess Corp, SMS, and KPIT. He also co-founded CredoPay Technology Services Private Limited, where he led the development of a global payment orchestration platform.

A Chartered Accountant, the company said, he brings experience in IPO readiness, investor engagement, and post-listing governance. He was earlier associated with Excelsoft as an Independent Director and Chairman of the Audit Committee, contributing to governance strengthening and the company’s IPO journey.

Commenting on the appointment, Dhananjaya Sudhanva, Chairman & Managing Director, said:

“His deep expertise in technology leadership, financial governance, and his intimate understanding of Excelsoft’s vision make him the ideal leader to drive our next phase of growth. We are confident that under his stewardship, Excelsoft Technologies Limited will scale new heights, expand into new markets, and deliver sustained value to all our stakeholders.”

Doreswamy P said, “Having been associated with the company through my earlier tenure as Independent Director, I have a deep appreciation for its talent, culture, and transformative potential. My focus will be on expanding into new geographies, deepening our technical capabilities, and accelerating growth to make Excelsoft a world leader in EdTech.”

As CEO, Doreswamy P will focus on accelerating revenue growth, expanding into new geographies, and strengthening the company’s AI-led product portfolio, including offerings such as AI-Levate, intelligent proctoring, and automated assessment solutions.

The company also plans to deepen its position as a global vertical SaaS provider in the EdTech segment through platforms such as SARAS eAssessments, EasyProctor, EnablED, and OpenPage, while pursuing strategic acquisitions and expanding its presence across North America, the UK, Asia, and other emerging markets.