Ripple Technologies Government Tender Profile

With a substantial portfolio of 153 government tender participations, Ripple Technologies has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 34 Contract Wins

Ripple Technologies has successfully secured 34 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 22.2% across 153 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Ripple Technologies has bid on contracts with a total value of ₹,29,74,40,839.0, successfully securing ₹,29,74,40,839.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

The company has established a regional presence in Karnataka government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Defence Production, Department Of Defence Research & Development, Department Of Scientific And Industrial Research (Dsir), where they have demonstrated specific procurement expertise. They have experience bidding with Council Of Scientific And Industrial Research (Csir), Hindustan Aeronautics Limited (Hal), showing familiarity with diverse organizational procurement requirements.