Sanjeev Patil

Founder & CEO Girmiti Software Pvt. Ltd.

Last Reviewed: September 19, 2026

Executive Summary

Sanjeev Patil founded Girmiti Software in Bengaluru in 2012 and has run it since. The company works in the least visible and most exacting part of payments: the software that actually moves a card transaction — EMV payment gateways and point-of-sale applications, mobile banking and wallets, prepaid and debit card issuance, and cloud-based host card emulation for NFC payments — sold to banks, payment processors, gateways, device manufacturers and retailers. It is a business where credibility is certified rather than claimed, and Girmiti’s record reflects that: a CMMI Level 5 appraisal, ISO 9001 and ISO 27001 certification, PCI DSS compliance, and customer sPoS type approvals from Visa, Mastercard, American Express, Discover and JCB. It has reached roughly 500 staff and revenue of about ₹87 crore while remaining bootstrapped. Patil founded it after a career in enterprise software spanning retail, banking, payments and supply chain for distribution, logistics, manufacturing and telecom customers, in India and internationally.

Career Highlights

• Founded Girmiti Software in Bengaluru in 2012 and has led it as chief executive throughout.
• Grew the company to around 500 employees and roughly ₹87.2 crore of revenue in FY24 without taking outside investment.
• Achieved a CMMI Level 5 appraisal — the highest process-maturity rating — together with ISO 9001:2015 and ISO/IEC 27001:2013 certification and PCI DSS SAQ-D v3.2 compliance.
• Obtained customer sPoS type approvals and certificates from Visa, Mastercard, American Express, Discover and JCB.
• Built cloud-based host card emulation server software for NFC payments, alongside EMV gateway and POS, mobile banking, m-commerce and card issuance products.
• Named ‘Most Promising QA/Testing Solutions Company’ by APAC CIO Outlook in 2015.
• Previously Senior Vice President at TSPL, after enterprise-software roles across retail, banking, payments and supply chain.

Professional Journey

Patil spent the first part of his career in enterprise software, working on solutions, products and services across a set of domains that turn out to have a great deal in common — retail, banking, payments and supply chain, serving distribution, logistics, manufacturing and telecom customers in India and abroad. All of them are transaction-processing problems with unforgiving reliability requirements, and all of them are sold to institutions rather than consumers. He rose to Senior Vice President at TSPL before leaving to start his own company.

Girmiti Software was founded in Bengaluru in 2012. By the account of a trade profile that quotes him, it was the combination of entrepreneurial appetite with a decade of leadership experience in software platforms and product development that pushed him to set up on his own. The timing placed the company at the start of India’s payments decade — the period in which card acceptance, mobile wallets, NFC and eventually real-time payments moved from pilot projects to national infrastructure — and Girmiti positioned itself as the engineering supplier to the institutions doing that work rather than as a consumer brand.

The product line reflects that choice. Cloud-based host card emulation server software for NFC payments, EMV payment gateways and EMV point-of-sale applications, mobile banking and wallet platforms, prepaid and debit issuance: all components another organisation puts its own name on. The service side — white-label product development, quality assurance, automation testing, consulting — is the same business seen from the other direction. Customers span banking, processors, payment gateways, OEMs, retail, petro, sports and events, health, transit and telecoms.

In this market, credentials do the work that marketing does elsewhere, and this is where the company’s record is most concrete. Girmiti holds a CMMI Level 5 appraisal, the top rung of the process-maturity scale and an unusual achievement for a company of its size; ISO 9001:2015 for quality management and ISO/IEC 27001:2013 for information security; PCI DSS SAQ-D v3.2 compliance; and customer sPoS type approvals from all five major card schemes. Early external recognition came in 2015, when APAC CIO Outlook named it ‘Most Promising QA/Testing Solutions Company’. Patil has summarised the operating philosophy plainly: “Our ‘customer-first’ business philosophy is driven by our vision. We adapt best practices to transform processes, striving to make technology deployments more flexible, trusted, safe, and efficient.”

The company has grown to roughly 500 people with revenue of about ₹87.2 crore in FY24, and is described as bootstrapped — it has taken no venture funding in fourteen years, which for an Indian fintech of this vintage is the exception rather than the rule.

Education

No education record could be established from a usable source. Girmiti Software’s own website publishes no biographies for any individual, and the trade profile and company databases that cover him give no academic background. Claims about an engineering degree and a management qualification circulate in aggregated search results but trace only to a self-supplied professional profile and could not be confirmed independently, so nothing is asserted here.