Tally Solutions
“Can India's dominant SMB accounting software become the embedded finance layer between 2.7M Indian businesses and their banks, lenders, and payment rails?”
Founded 1986 by the Goenka family in Bangalore, Tally became the dominant SMB accounting/ERP software in India, reaching ~2.5-2.7M businesses across 140 countries. For decades a pure on-premise licensed software company, Tally has recently pivoted toward embedded finance — layering Connected Banking (direct bank integrations for e-payments, statements, reconciliation), TallyCapital (loan marketplace for SMBs), and Tally Bharat Connect for Business (BBPS-style B2B payments via Navmaya Tech Services subsidiary) on top of the core ledger. The strategy is to monetize its installed base by becoming the transactional layer between Indian SMBs and their banks, lenders, and payment aggregators.