Tally Solutions
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Company History
Founded 1986 in Bengaluru, Karnataka, India
Shyam Sunder Goenka and Bharat Goenka establish Peutronics in Bengaluru, writing accounting software on a personal computer running MS-DOS.
Releases PFA, the first accounting software in the world with no accounting codes, allowing Indian small business owners to enter transactions naturally.
Peutronics officially renames itself to Tally Solutions Pvt Ltd, establishing the brand that would become synonymous with business bookkeeping in India.
Introduces Tally 6.3, offering full integration with Windows OS, multilingual Indian language accounting, and online data synchronization.
Deploys Tally 9 across India, providing complete statutory compliance for the nationwide rollout of state-level Value Added Tax (VAT), cementing SME dominance.
Unveils Tally.ERP 9, introducing remote data access, centralized auditing capabilities, multi-currency processing, and advanced inventory management.
Upgrades over 1 million Indian businesses overnight to comply with the landmark Goods and Services Tax (GST), ensuring zero disruption to national supply chains.
Launches TallyPrime, modernizing the visual interface with mouse support, multitasking, universal "Go To" search bar, and seamless e-invoicing generation.
Rolls out TallyPrime 4.0, allowing businesses to send official invoices, ledgers, and payment reminder notifications directly to customer WhatsApp accounts.
Acquired retail point-of-sale (POS) software assets to integrate front-office retail cash drawers, barcode scanners, and inventory billing directly into Tally's back-office accounting ledgers.
Since its establishment in 1986, Tally Solutions expanded from an early-stage venture into a recognized leader in Enterprise Software, Accounting Software, ERP & MSME Business Management Solutions, overcoming key market challenges.
Over its history, Tally Solutions executed decisive strategic pivots toward scalable monetization and digital distribution, securing its current market leadership.
By continually modernizing operations and embracing workflow automation, Tally Solutions maintains resilience through changing technological and economic cycles.