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Tally Solutions counts 10 million users and has customer base including 75 percent of Fortune 500 companies.[3] In 2006, the company received $51.5 million in funding.[4] It was one of the top five Indian companies to receive funding from offshore capital markets in 2005 and 2006.[5] In 2007, the company was listed in the NASDAQ-100 index of the NASDAQ Stock Market as well as the BSE-100 index of the BSE Limited.[6] In 2013, Ambuj Sharma was appointed chief executive officer of Tally while Praful Gupta stayed at the helm as the chief executive officer of Tally. The company’s headquarters is in Bangalore, Karnataka, India.

Tally’s new product line in 2013, Tally.ERP9, caught the attention of enterprise software industry observers. Its strength lies in its ability to also integrate with Microsoft Office. Tally also announced a new product, Tally Applications, which allow application developers to use the existing Tally data model in new applications, such as payroll.

In fiscal year 2013, Tally Solutions recorded $17.1 million in revenue for the quarter ending September 30, 2013.[7] Tally Solutions had an operating profit of $24.9 million for the quarter ending September 30, 2013, down from $67.9 million in the previous quarter.

In July 2011, the company announced its revenue for the fourth quarter of fiscal 2011 was $85.63 million, up 29.5 percent from fourth-quarter of 2010. Sales for the full year were $280.3 million, up 28.9 percent from $226.7 million in 2010. Net income for the period was $66.8 million, up 36.2 percent from $45.1 million in 2010. d2c66b5586