Paramatrix Technologies' PLAYMITY Wins Best Product Innovation Award at BFSI Tech Summit
Navi Mumbai, India - Paramatrix Technologies Limited, a provider of enterprise software products and digital IT services, announced that its AI-driven gamification platform, PLAYMITY, was honored with the 'Best Product Innovation' award in the BFSI category. The recognition was presented at the 4th BFSI Tech Summit & Awards 2026, held at ITC Maratha, Mumbai.The award highlights breakthrough innovation in technology solutions within the BFSI sector and underscores Paramatrix's focus on developing AI-led, outcome-driven platforms. Organized by UBS Forums, the summit gathered senior leaders from the banking, financial services, and insurance sectors to discuss digital transformation, AI, data, and customer experience innovation.
Paramatrix participated in the event as an Exhibit Partner, showcasing its digital transformation capabilities and interacting with key decision-makers across the BFSI ecosystem.
Features of PLAYMITY
PLAYMITY is Paramatrix's proprietary AI-driven gamification platform designed to drive organizational performance. The platform aims to translate strategy into consistent on-ground execution and offers several key capabilities:- Enhances sales productivity and frontline performance.
- Improves employee engagement through gamified workflows.
- Enables measurable business outcomes with real-time tracking.
- Leverages behavioral intelligence and personalized nudges.
- Integrates seamlessly with existing enterprise systems.
This award marks a significant milestone for Paramatrix, strengthening its positioning by moving beyond traditional services into high-value, Intellectual Property (IP)-led digital platforms.
Commenting on the achievement, Mr. Mukesh Thumar, Founder, Managing Director, and CEO of Paramatrix Technologies Limited, stated, "We're genuinely pleased to see PLAYMITY being recognised at a platform like this. It reflects the effort our teams have put into building something that delivers real, on-ground impact. As we look ahead, we remain focused on scaling such platforms and continuing to solve practical business challenges through AI-led innovation."
Company Overview and Performance
Paramatrix Technologies Limited, established in 2004, specializes in IT solutions, custom software development, and innovative product offerings. The company serves a diverse range of industries, including finance, banking, insurance, healthcare, and education.The company maintains a reputation for delivering solutions tailored to meet the unique needs of clients and offers a comprehensive portfolio including enterprise software, digital transformation solutions, and proprietary products.
The financial results for FY25 demonstrate the company's operational scope:
| Metric | Value |
|---|---|
| Consolidated Total Income | ₹ 31.33 Cr |
| EBITDA | ₹ 8.14 Cr |
| Net Profit | ₹ 5.76 Cr |
PARAMATRIX Stock Price Movement
As of 9:27 AM, Paramatrix Technologies Limited's shares are moving sideways at ₹70, remaining flat today with no change recorded. So far this morning, the stock has seen 2,400 shares traded in the live market as investors gauge the sector's direction.Source:
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