Orangekloud Technology Inc. (Singapore)

The Company through its subsidiaries provide IT consultancy services and distribution of related products and services.
The Company disrupt traditional enterprise application development, in particular for SMEs (i.e.: entities with an employment size of not more than 200 or with annual sales turnover of not more than 100 million), with integrated Agile and DevOps practices for mobile developers to build cross platform mobile application, faster, smarter and in a secure manner with a No-Code RMAD, adopting a PaaS model. The Company also offers ERPs predominately in Singapore.
The Company realize revenue primarily through the sale of package software solutions and No-Code platform and mobile applications and related service provided. The Company managed and reviewed its business through two operating and reporting segments based on the products/service offered in accordance with ASC 280.
- Packaged software solutions: Organizations historically rely on packaged software and custom software solutions for their operations and business automation. The packaged software solutions segment acknowledges this reliance and aims to provide solutions to address unique business operating models and requirements, offering competitive advantages. It recognizes that standardized frameworks often necessitate organizations to conform their individual processes, needs, and systems of record.
- No-Code platform and mobile application: This segment focuses on providing a rapid development environment through a No-Code platform. The eMOBIQ platform enables organizations to speed up their enterprise application development cycle by offering an intuitive and visual interface that requires no coding. The platform includes easy-to-use navigation tools and drag-and-drop application building components, facilitating the design process and enabling the launch of business applications in a faster and more productive manner. Additionally, it allows professional and citizen developers to utilize the platform, import custom plugins, and integrate with various ERP systems.
HISTORY
2003 The Company was founded in 2003.
2023 The Company is an investment holding company incorporated on May 12, 2023 under the laws of the Cayman Islands.
On October 4, 2023, the Company consummated a reorganization (the “Reorganization”), pursuant to which the Company now holds 100 of the shares in Enterprise Software Investment Inc, and Enterprise Software Investment Inc. now holds 100 of the shares in MSC Consulting. The purpose of the Reorganization was to effect the Group's internal restructuring for the Listing, following which the shareholders of MSC Consulting became shareholders of the Company. MSC Consulting holds 100 of the shares in both Orangekloud Singapore and Orangekloud Reskilling, while Orangekloud Singapore hold 100 of the shares in both Orangekloud, Inc. and MSCI Consulting.
2024 The Company has applied to list its Class A Ordinary Shares on the Nasdaq Capital Market under the symbol “ORKT”.