DGNX | Market Cap: $33.5M (07/13/26)
Industry:
Software
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DESCRIPTION

Diginex is an early-stage SaaS company that sells ESG reporting and supply chain due diligence software to businesses globally. Diginex's two core products are diginexESG, an ESG reporting platform that guides companies through the full corporate ESG reporting process across 19 reporting frameworks, and diginexLUMEN, a supply chain due diligence platform that combines supplier self-assessments with direct worker surveys to identify human rights risks and generate supplier improvement plans. diginexESG starts at $5,000/year and targets small and mid-sized companies new to ESG reporting, though larger clients like HSBC also use the platform. diginexLUMEN starts at $40,000/year and targets large multinationals. Diginex also generates revenue from ESG consulting (diginexADVISORY) and white-label custom development (diginexPARTNERS), though the company is deliberately winding down one-time project work in favor of recurring software subscriptions. Diginex sells B2B to corporate sustainability, procurement, and risk teams, and distributes through channel partners including HSBC, Russell Bedford, Baker Tilly Singapore, and Forvis Mazars, sharing 30–50% of revenue on partner-referred deals. Software development is handled by an outsourced engineering team in Vietnam. Diginex's growth strategy focuses on expanding its SaaS subscriber base, growing channel partner distribution to reach SME clients subject to new ESG mandates, and pursuing geographic expansion including a potential dual listing on the Abu Dhabi Securities Exchange.

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