Omega Interactive Technologies Limited, incorporated on March 22, 1994, is an Indian private company focused on software development and consulting. Despite experiencing a downturn during the 2000-01 global IT recession, which saw a 40% drop in software exports, the company achieved a significant milestone by securing a contract with a division of a major international investment bank. This bank operates as a clearing house for 650 financial organizations worldwide, offering comprehensive investment-related services.
In 2000-01, the company's subsidiary was renamed Omega Portals Private Limited. Further restructuring occurred in 2012-13 when Omega Interactive Technologies executed a Scheme of Amalgamation, integrating its subsidiaries, Mykindasite International Private Limited and Malvern Trading Private Limited. This strategic move consolidated all assets and liabilities into the parent company, enhancing its operational capacity as a going concern.
