Founded in 2007, Panache Digilife (Panache) has evolved into one of India’s leading ICT and IoT solution providers. What began as a modest white-box assembly unit has currently grown into a diversified, innovation-led organization serving the nation’s digital infrastructure needs. Panache’s strength lies in its end-to-end capabilities across the ODM (Original Design Manufacturing) value chain. From product ideation and design, all the way to mass manufacturing and postsales support, the company manages the complete lifecycle under one roof. This integrated approach not only ensures faster time-to-market but also gives it unmatched control over quality and customization.

The company’s product and solution portfolio is extensive and ever-evolving. The company operates across several high-growth domains, including Smart Computing & Virtualization Devices, Smart and Digital Classrooms, Connected Mobility (Smart Car Solutions), Retail IoT, Pen Displays. In addition, the company undertakes contract manufacturing for a wide range of electronic products such as Hybrid PCs, Wireless Landline Phones, CCTVs, Charging Solutions, and more.

The company’s manufacturing facilities operates at globally benchmarked standards. The company is compliant with a range of national and international certifications, including BIS, WPC, and environmental norms. The company’s facilities are ISO 9001:2015 and ISO 14001:2015 certified, ensuring quality and sustainability across all processes, from Stores and Incoming Quality Control (IQC) to In-Process Quality Control (IPQC), Final Quality Check (FQC), and Quality Analysis.

Business area of the company 

The company is an ISO-certified, NSE-listed Indian ICT & IoT devices manufacturing, distribution and services company. With over decades of expertise in IT Hardware & Telecom and Testing & Lifecycle Management, the company serves global solution integrators with flexible, tailor-made designs and world-class manufacturing. The company’s product range spans compute, telecom, AV, surveillance, EdTech and medical devices, all designed and built in India.

Milestones

2007-2012: Foundation & Product Engineering

• Entered as a white-box desktop assembler, serving India’s early tech demand.
• Expanded into Thin Clients, SFF PCs, and embedded computing, setting the base for hardware innovation.

2013-2016: Expanding Into Emerging Segments

• Diversified into Smart Computing, Retail IoT, POS systems, and Digital Signage.
• Launched first-gen AIO PCs for Education, a landmark in EdTech hardware.

2017: IPO Listing on NSE Emerge (SME Platform)

• Successfully completed IPO and got listed on the NSE SME platform, opening new avenues for capital and growth.

2020: Migration to NSE Main Board

• Shifted from SME to Main Board, enhancing investor participation and market visibility.

2021-2022: Strategic Foray into EV & Contract Manufacturing

• Enhanced capabilities in design-led and contractled manufacturing for electronics and mobility segments.

FY23: Revenue Milestone 

• Achieved a major financial milestone, crossing Rs 100 crore in annual revenue, backed by strong demand from education, institutional, and private sector clients.
• Scaled participation in Make in India and PLI 2.0 initiatives - especially in IT hardware and smart edge devices.

FY24: Scaling Deliveries & Strategic Orders

• Strengthened manufacturing backbone with a 57,000 sq. ft. Bhiwandi facility, fully air-conditioned and organized for end-to-end production.
• Consolidated backend and customer service operations through the acquisition of AIR Digilife Pvt. Ltd.
• Continued momentum in exports and institutional sales with a stronger product pipeline in AI laptops, SD-WAN routers, rugged kiosks, and AI servers.

FY25: Laying the Groundwork for Breakout Growth

• Expanded presence in industrial medical PCs, AV media systems, and smart retail solutions.
• Launched advanced AI hardware systems for education, BFSI, and industrial control, further reinforcing its position in the enterprise digital ecosystem.
• Aligned business roadmap with India’s growing demand for AI-based computing infrastructure, supported by PLI-driven scale.