BicneT Infoservices Pvt. Ltd. was incorporated in 1995 to provide web commerce services. BicneT has 40% equity participation of Industrial Development Bank of India, one of India's largest financial institutions with a net worth of over Rs. 90000 mn.

Bicnet has acquired expertise in integrated eBusiness solutions mainly through the dedicated efforts of its talented technical staff guided by the vision of Mr. Nikhil Thakkar who assumes the overall responsibility as the Managing Director.