EscrowTech India – Chennaionline

EscrowTech India, the country’s only pure-play software escrow services provider and the market leader, has officially rebranded as EscrowNXT to underscore its focus on next-generation software escrow solutions for AI-driven systems, enhanced capabilities, and global expansion. EscrowNXT officially came into effect on January 1, 2026. Founded in 2005 as EscrowTech India, the company has served over 500 clients, including leading Indian and international BFSI institutions and prominent software companies. With a focus on next-generation software escrow solutions for AI-driven systems, EscrowNXT plans to incorporate automated verification and smart contract integration. As part of its international growth strategy, the company is establishing an office in Dubai to strengthen its presence in the GCC region and support regional enterprises and financial institutions. Software escrow is a secure, tripartite arrangement between a software developer, a client or end user, and an independent escrow provider, under which the software’s source code and documentation are held safely and released only if predefined events, such as vendor insolvency or contract breaches, occur. Escrow services protect clients by ensuring business continuity when vendor support fails, while helping developers build trust and credibility without exposing their intellectual property. By acting as a neutral custodian, escrow services reduce risk and strengthen confidence for all parties in today’s fast-evolving digital landscape. EscrowNXT pioneered the institutionalisation of software escrow services in India at a time when technology risk mitigation was largely unexplored. Over the past 20 years, it has offered a comprehensive suite of ISO 9001:2015–certified services including software escrow, technology escrow, IP archival, verification and testing, and secure vault solutions. In his comments, Mr. Arun Mahadevan, Managing Director - EscrowNXT said, “As the first mover in software escrow in India, EscrowNXT has played a pivotal role in mitigating enterprise risks such as vendor insolvency, technology obsolescence, and regulatory compliance, including the Reserve Bank of India’s requirements on source code access for critical applications. This milestone underscores our unmatched expertise in a market where pure-play escrow providers remain rare. Our transition to EscrowNXT reflects our evolved vision and expanded capabilities, with a sharp focus on global markets and next-generation software escrow solutions for AI-driven systems, incorporating automated verification and smart contract integration.”