Thane

Silverline Technologies Ltd, a technology consulting and software solutions company, has unveiled its proprietary AI-driven web platform, “Silver AI.”

The company described this Made-in-India initiative as a milestone in its journey to build indigenous, product-led technology capabilities. Silver AI is designed to tap into India’s rapidly growing AI chatbot market, which is projected to grow from USD 6 billion in 2025 to USD 26.4 billion by 2031, reflecting a CAGR of 25.3%.

Silverline executed a rapid five-phase rollout in just 30 days, demonstrating its engineering agility and speed-to-market. The platform is currently live on the web, with mobile, multimodal AI, and advanced healthcare applications scheduled for phased deployment. It features a private-by-design, fully encrypted, enterprise-ready architecture.

Silver AI offers a conversational, assistive interface aimed at improving productivity and knowledge workflows for professionals and organisations. Users can interact through an intuitive chat-style interface for tasks such as drafting, summarisation, re-writing, brainstorming, and creating structured outputs, enhancing efficiency and decision-making.

Yakin Joshi, Managing Director of Silverline Technologies, said, “The launch of Silver AI is a significant step in our product roadmap and positions us for first-mover advantage in India-focused edge AI and healthcare integration. It aligns with our focus on AI adoption, digital health transformation, and localized computing, while complementing our technology services portfolio.”

The platform is accessible via standard web browsers, eliminating the need for specialised hardware, and is built to scale with new modules, workflows, and enterprise features over time. Silverline anticipates generating USD 18 million in revenue over the next three years, with an expected EBITDA margin of 25–30%.

In addition to the launch, the company reported strong financial performance in Q2 FY26, with revenue from operations rising to Rs. 100.07 crore—a more than 100-fold increase from Rs. 69.7 lakh in the same quarter last year. Net profit for the period reached Rs. 7.26 crore, up from Rs. 3.28 lakh, while H1 FY26 revenue and net profit stood at Rs. 200.16 crore and Rs. 18.41 crore, respectively.

Silverline also successfully settled a long-standing litigation with Apex Urban Co-operative Bank (in liquidation) for Rs. 26 crore, lower than the original claim of Rs. 35.98 crore.

Founded in 1992, Silverline Technologies is a publicly listed global technology company with over 30 years of expertise in enterprise software, IT consulting, and digital transformation.