NASSCOM Certificate – An Overview

Are you dealing in IT and BPM services and products and passionate about joining India’s technological revolution to grow your business? If so, obtaining a NASSCOM certificate will be a smart and strategic decision for you.

The National Association of Software and Service Companies (NASSCOM) supports the growth of India’s IT and BPM industries globally. Since its establishment in 1988, NASSCOM has fostered a skilled workforce and a credible business environment. The NASSCOM certificate highlights the excellence and innovation of the software industry.

NASSCOM serves as a vital platform for IT-BPM stakeholders to collaborate, connect, and promote best practices for growth. Representing India’s Rs. 227 billion IT-BPM industry, NASSCOM fosters partnerships that expand domestic and international market opportunities.

Are you struggling to acquire a NASSCOM Certificate? At Fastzeal, we ensure a smooth, hassle-free experience in securing the NASSCOM Membership.

What is NASSCOM?

NASSCOM stands for the National Association of Software and Service Companies, a nonprofit organization that serves as a trade association and advocacy group and a key entity within the Indian technology sector. NASSCOM membership includes organizations engaged in software development, software services, and IT-enabled or BPO services.

With initiatives like the NASSCOM certificate, the association focuses on upskilling and reskilling India’s IT workforce, preparing them with the latest skills to lead innovation across industries.

The NASSCOM membership certificate enhances a company’s credibility, showcasing its commitment to industry excellence and global competitiveness. NASSCOM also advocates for policy reforms that simplify business procedures, making India’s IT industry more agile and competitive on a global scale.

Benefits of Obtaining a NASSCOM Certificate

There are many benefits to obtaining a NASSCOM certificate, including:

• Gaining insights into industry trends

• Engaging in industry-specific policy advocacy

• Building a network and sharing best practices with other members

• Leveraging growth opportunities for business expansion

• Collaborating with others for innovation and engaging with startups

• Enhancing brand visibility through increased exposure

• Pushing agendas through industry forums and councils

• Leveraging global trade development opportunities

• Enabling skill development for the workforce

• Driving digital change and promoting social inclusion in India
  
  
  

Eligibility Criteria for Obtaining NASSCOM Certificate

The eligibility criteria for securing a NASSCOM certificate are as follows:

• Regular Membership: Available to companies registered in India with an annual revenue exceeding Rs. 2 Crore from the IT-BPM industry.

• Associate Membership: Available to companies with annual revenue of Rs. 2 Crore or less from IT-BPM operations.

• Institutional Membership: Offered to firms supporting or providing services to IT-BPM organizations, such as research institutions, venture capital firms, financial institutions, infrastructure providers, management consultants, and real estate companies.
  
  
  

Documents Required for NASSCOM Certificate

The documents required to apply for NASSCOM certificate are as follows:

• Memorandum of Association of the company.
  
  
• Articles of Association of the company.
  
  
• For non-startup companies, audited balance sheets.
  
  
• For startups, a certificate of projected turnover.
  
  
• A corporate deck, which should include the profile of the founders and customer details related to the company’s products and services.
  
  
• If the company requires a license to conduct business activities, a business license will also be required.
  
  
  

How to Apply for NASSCOM Membership Certificate?

NASSCOM membership certificate offers significant advantages for companies in India's IT-BPM sector. It facilitates collaboration with other members, enhances marketing opportunities, attracts better talent, builds trust, and ultimately helps increase profits. To become a member, follow the enrolment process outlined below:

• Fill out the NASSCOM application form with company details, contact person, revenue, employee count, and company profile.

• Calculate the membership fee based on your company’s annual revenue from IT-BPM operations.

• Attach required documents, including the incorporation certificate, memorandum of association or articles of association, and audited balance sheet or certificate of projected turnover (for startups).

• Submit the form and pay the membership fee.
  
  

Listed Members with NASSCOM Membership Certificate

Have a look at the listed members with NASSCOM membership certificate:

• Unified Infotech Private Limited

• Shiksha Mandal

• Bug Hunters Private Limited

• Terrific Minds Private Limited

• Greenway Health India Private Limited

• Humanize Business Solutions Private Limited

• Algoleap Technologies Private Limited

• Lenovo (India) Private Limited

• Curious Insights Private Limited

• Admito Technologies Private Limited

• GHX India Private Limited

• Innspark Solutions Private Limited

• Curebay Technologies Private Limited

• Naatscorp Private Limited

• AVD Group

• Cimware Private Limited

• Real Check Verification Services Private Limited

• Growel Softech Pvt Ltd

• Globussoft

• Brio Technologies Pvt Ltd

• Skillmine Technology Consulting Pvt Ltd

More than 3000 companies, after becoming NASSCOM members, witnessed around 20% growth. Where are you? Consult our experts at Fastzeal today and get your NASSCOM Membership.

Fees for NASSCOM Certificate

There are five categories based on which the annual subscription fee for the NASSCOM certificate is decided. The categories are as follows:

Large (For Regular Members)

Companies with annual revenues that exceed Rs.500 Crores every year from IT-BPM services and products. This category has five sub-slabs:

• Revenue between Rs.500 crore to Rs.1000 crore – Rs.7,50,000/-

• Revenue between Rs.1000 crore to Rs.2000 crore – Rs.12,50,000/-

• Revenue between Rs.2000 crore to Rs.5000 crore – Rs.25,00,000/-

• Revenue between Rs.5000 crore to Rs.10,000 crore – Rs.40,00,000/-

• Revenue above Rs.10,000 crore – Rs.60,00,000/-
  
  

Growth (For Regular Members)

For companies with annual turnover more than Rs.50 Crore but less than Rs.500 Crore:

• Revenue between Rs.200 crore to Rs.500 crore – Rs.4,50,000/-

• Revenue between Rs.50 crore to Rs.200 crore – Rs.2,00,000/-

• Revenue between Rs.20 crore to Rs.50 crore – Rs.85,000/-
  
  

Emerging (For Regular Members)

Companies with annual turnover between Rs.2 Crore and Rs.50 Crore:

• Revenue between Rs.20 crore to Rs.50 crore – Rs.85,000/-

• Revenue between Rs.5 crore to Rs.20 crore – Rs.50,000/-

• Revenue between Rs.2 crore to Rs.5 crore – Rs.25,000/-
  
  

Associate (For Associate Members)

Companies registered in India, including IT startups or IT-enabled service/product providers with revenue not more than Rs.2 Crore:

• Membership Fee – Rs.10,000/-
  
  

Institutional (For Associate Members)

For companies offering support services to IT-BPM firms:

• Membership Fee – Rs.55,000/-
  
  

Timeline for Obtaining NASSCOM Certificate

The timeline for obtaining a NASSCOM certificate is 10 to 15 working days, including due diligence and evaluation. However, if documents are incomplete, the membership may not be approved.

Reasons to Trust Fastzeal for NASSCOM Certificate

You may choose Fastzeal for the NASSCOM Certificate for the following reasons:

• Successfully Assisted 500+ Companies in Securing the NASSCOM Membership Certificate

• Save your Time and Avoid Hassles in Documentation

• Expert Assistance to Help You Attain NASSCOM Membership

• Comprehensive Support from NASSCOM Membership to Taxation

• 10+ Years of Experience in Obtaining NASSCOM Certificates

• 24/7 Support to Resolve All Your Queries