Coimbatore, Tamil Nadu October 2025 : Chennai-based Elixir BACE, a pioneer in integrated
business management solutions, has announced its participation as the Silver
Sponsor of the Tamil Nadu Global Startup Summit 2025, held at the CODISSIA
Trade Fair Complex, Coimbatore. The two-day event brings together over
50,000 founders, investors, policymakers, and innovators, reinforcing Tamil
Nadu’s growing stature as a hub for entrepreneurship and digital
transformation.
Elixir BACE, founded in 2010, has emerged as a trusted
technology partner for businesses seeking unified financial, HR, retail, and
compliance solutions. With a global footprint spanning India, USA, GCC, Africa,
Singapore, and the Philippines, the company serves over 1,000
businesses across industries, including notable names like Apollo
Hospitals, ICICI Bank, Fresh2day, KJN, Arise IIP, and Bubal Paints.
Elixir BACE’s core mission is to revolutionize how
businesses manage their finances by offering an integrated, user-friendly
platform that eliminates the need for multiple, fragmented software systems.
The company’s long-term vision is to democratize
enterprise-grade financial
management tools, making them accessible and affordable for Indian SMBs and
enterprises alike.
“Our goal is to
simplify business operations and empower organizations to focus on growth
rather than administrative challenges, Elixir BACE bridges the gap between
technology and business strategy offering not just software, but managed
services that act as an extension of our clients’ finance teams.” said Sarath
Babu E, CEO Elixir BACE.
Among Elixir BACE’s four major product lines Elixir
Books, HROPAL, Elixir Retail, and Elixir Filings the
HR and payroll
platform HROPAL has seen the fastest growth, with adoption by 1,500+ businesses
across 30+ countries. The surge is driven by the increasing demand for
multi-country payroll compliance and the global rise of remote and distributed
workforces.
Meanwhile, Elixir Filings has gained traction post-GST
implementation, as compliance becomes a critical operational priority. Elixir
Retail continues to grow rapidly in the post-pandemic era, helping small and
mid-sized retailers migrate from legacy systems like Vyappar and PetPooja to
modern digital platforms with UPI integration and real-time inventory tracking.
A Differentiated Edge in a Competitive Landscape
Elixir BACE differentiates itself in the global
business software ecosystem through:
- True
Integration: A unified platform that connects
accounting, HR, payroll, POS, and compliance without data silos. - Managed
Services Model: Beyond software, the company
offers compliance guidance, migration support, and consultation, creating
a product + service hybrid approach. - Localized
Global Expertise: Combining deep knowledge of
Indian regulations (GST, ITR, TDS, MCA) with multi-country compliance
capabilities. - Flexible
Deployment: Both on-premise and SaaS options,
catering to diverse enterprise needs. - Cost
Efficiency: Businesses eliminate dependency on
external auditors or consultants for routine tasks, ensuring accuracy and
affordability.
Currently established in six major markets, Elixir
BACE plans to expand into Malaysia, Indonesia, and Thailand, and
eventually into Europe (UK and EU) to meet rising demand for advanced
compliance and financial management solutions.
Vertically, the company is developing specialized
solutions for Healthcare, BFSI, QSR (Quick Service Restaurants), and
Manufacturing, leveraging insights from clients like Apollo Hospitals, ICICI
Bank, and Fresh2day.
“We built Elixir BACE
from the ground up to be a single source of truth for businesses, Unlike most
global or domestic competitors offering fragmented tools, our unified platform
ensures seamless data flow and significant cost savings. Tamil Nadu has always
been a hotbed for innovation and entrepreneurship, Participating in the Tamil
Nadu Global Startup Summit 2025 reinforces our commitment to supporting local
innovation, nurturing digital talent, and helping Indian businesses compete
globally.” added Sarath Babu E, CEO Elixir BACE.
About Elixir BACE
Founded in 2010 and headquartered in Chennai, Elixir
BACE is India’s first truly integrated business management suite, combining
accounting, HR, payroll, retail, and compliance into one intelligent platform.
With a presence across six global regions and a diverse client base, Elixir
BACE continues to lead the charge in enterprise software innovation and managed
business solutions.
For more information, visit www.elixirbace.com
