Company lists
The Bhubaneswar edition · 2026

Business servicescompanies in Bhubaneswar

IT services, marketing, HR & staffing, consulting & legal, facility management and more: the companies building business services in Bhubaneswar, with their founders, funding, team size and business models.

230 company profiles64 with reported revenue1 with recorded fundingOctober 2026 edition
Bhubaneswar · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent business services business events in India

Funding, M&A, contract wins and launches involving 42,898 business services companies in India, last 24 months: 537 Contracts · 373 M&A deals · 168 launches · 72 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractService

Innovision · client: NHAI (National Highways Authority of India)

Innovision has secured a Letter of Award (LoA)/work order worth around Rs 26.35 crore from NHAI (National Highways Authority of India).

Infrastructure
LaunchAgentic Development & Modernization Services

Tech mahindra

Tech Mahindra has announced the launch of Agentic Development & Modernization Services, a next-generation services portfolio designed to empower enterprises modernize how applications…

AI-driven application development and modernization services
LaunchNexa Agentic Platform

Coforge

Coforge has launched the Nexa Agentic Platform for the insurance industry.

Insurance
M&AAcquisition · Announced

Akkodis India Private Limited, Akkodis UK Limited, and Akkodis Inc. acquires Axiscades

Cyril Amarchand Mangaldas acted as lead global legal counsel to AXISCADES Technologies Limited (“ATL”) in connection with the transfer of its business comprising the provision of…

Engineering Services
M&AAcquisition · Announced

Akkodis acquires Axiscades

Cyril Amarchand Mangaldas acted as lead global legal counsel to AXISCADES Technologies Limited (“ATL”) in connection with the transfer of its business comprising the provision of…

Engineering Services
ContractSupply

Flexo image graphics · client: Sticwell Technologies

Sticwell Technologies has enhanced its label inspection and quality control capabilities to another level with the installations of a Rhyguan SMART inspection platform and a Luster…

Label manufacturing
ContractService

B2b software technologies · client: Learnovate

B2B Software Technologies has secured a work order worth USD 1,62,754 from Learnovate Technologies Limited for the implementation of Microsoft Dynamics 365 Business Central ERP.

Software
ContractMaintenance

Takyon Networks · client: Hindustan aeronautics

Takyon Networks has received a work order worth of Rs 60.50 lakh from Hindustan Aerinautics (HAL) for the purpose of Comprehensive Annual Maintenance Contract.

ContractTechnology

Canarys · client: Linkedin

Canarys Automations said its wholly owned subsidiary, Canarys Corp, has secured a contract from LinkedIn Corporation to develop, deploy and maintain a Power Platform-based marketing…

Technology
M&AAcquisition · Completed

Coforge acquires Cigniti technologies

JSA advised and represented Cigniti Technologies Limited (Transferor Company) (“Cigniti”) and Coforge Limited (Transferee Company) (“Coforge”) in achieving successful closure of…

Technology
ContractService

Infosys · client: DNB Bank ASA

As the systems integration partner, Infosys will lead the end-to-end modernization of DNB's FinCrime technology landscape, including enterprise architecture design, platform integration,…

Financial Services
ContractService

ITCONS e-Solutions · client: Indian Council of Medical Research (ICMR), Department of Health Research, Ministry of Health and Family Welfare

ITCONS E-Solutions has secured new contract worth around Rs 1.23 crore (inclusive of all taxes and duties) for providing 33 resources for a period of one year.

IT
ContractService

ITCONS e-Solutions · client: Indian council of medical research (icmr)

ITCONS E-Solutions has secured new contract worth around Rs 1.23 crore (inclusive of all taxes and duties) for providing 33 resources for a period of one year.

Technology
LaunchGemini Enterprise Unit

Jk tech

JK Tech, a leading Gen AI-focused data and AI services company, has announced the launch of its dedicated Gemini Enterprise Unit, marking a significant milestone in its commitment to…

AI and data services
ContractSupply

Redington · client: Garuda aerospace

AMS Legal also advised on a distribution agreement with Redington Limited for the distribution of Garuda Aerospace products within India.

Drone technology
LaunchAgentverse™

Hexaware technologies

Hexaware Technologies, a global provider of IT solutions and services, announced on June 2nd, 2026, new enhancements to its enterprise AI agent platform, Agentverse™.

Enterprise AI agent platform
ContractTechnology

Persistent systems · client: Concise

Persistent Systems (BSE: 533179 and NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, today announced the signing of an agreement to expand its Eastern…

Technology
LaunchMphasis Tria

Mphasis

Mphasis has launched Mphasis Tria, an artificial intelligence platform for enterprise decision-making and execution.

Artificial intelligence
ContractService

Tata consultancy services · client: Skf

Tata Consultancy Services has won a global contract from SKF to support an AI-led business transformation programme.

IT services
ContractService

Magellanic cloud · client: Na

Magellanic Cloud has secured a new contract valued at about Rs 7.64 crore, adding another line of visibility to its order book and underscoring steady demand for its technology and services.

IT and digital solutions
M&AAcquisition · Announced

Cyient acquires TAO Digital Solutions

Cyient's, $218 million acquisition of TAO Digital is more than a traditional technology services deal.

AI-native data and product engineering
M&AAcquisition · Completed

Cyient acquires Tao Digital

While engineering service provider Cyient bought Tao Digital for $218 million last week

Engineering service provider
M&AAcquisition · Completed

Hexaware technologies acquires Consulting Professionals Services Holdings Limited

and Hexaware Technologies bought the UK- and UAE-based consulting firm Consulting Professionals Services Holdings Limited in a deal valued at up to 11 million pounds.

Consulting
M&AAcquisition · Announced

Persistent systems acquires Concise Systems OU

Persistent Systems has signed a business purchase agreement to acquire part of the business of Concise Systems OU for a total consideration of 5.6 million euros.

Technology
M&AAcquisition · Announced

Akkodis acquires Axiscades

The transaction involves Akkodis acquiring 100% of AXISCADES' Engineering Services practice, with the consideration pegged at approximately US$30.63 million.

Engineering Services
M&AAcquisition · Announced

Ntt data acquires Winwire

NTT DATA strengthens its AI and Microsoft cloud capabilities by acquiring WinWire, enhancing its ability to deliver scalable AI solutions for enterprises.

AI
M&AAcquisition · Completed

Ace software exports acquires QeLearn (Formerly known as Theia Education)

Ace Software Exports has successfully completed the acquisition of the remaining 2,58,000 equity shares, representing 49.62% of the fully diluted equity share capital of QeLearn…

EdTech
M&AAcquisition · Pending

Standard glass lining technology acquires C2c engineering

Standard Glass Lining Technology Limited (SGLTL) has agreed to acquire a 51% stake in C2C Engineering Private Limited for Rs. 122.4 million in cash.

Design, Engineering Services, and EPC Contracts
M&AAcquisition · Announced

Kpit technologies acquires Cymotive

KPIT Technologies ... announced that it has entered into an agreement to acquire a majority stake (subject to achievement of specific milestones) in Cymotive, a leading automotive…

Automotive cybersecurity
M&AAcquisition · Announced

Krystal Integrated Services acquires Citelum India

Krystal Integrated Services has announced the acquisition of 100% stake in Citelum India Private Limited, strengthening its presence in the urban infrastructure and smart city solutions…

Urban infrastructure, smart city solutions, street lighting and utility infrastructure services

Business services companies in Bhubaneswar, by revenue

Browse business services companies in Bhubaneswar by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 64 business services companies in Bhubaneswar that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of digital transformation, system integration, and cloud computing services

Digital transformation services
₹176.84 crFY 2024-25
-14%2024–2025
220+3% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of software & AI development, cloud computing, and business advisory services

It services
₹82.28 crFY 2023-24
+14%2023–2024
62LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of mobile application & web development, data analysis, cyber security, system integration, and other services

It services
₹78.41 crFY 2024-25
+30%2024–2025
1,312+18% 12 mo to Jul 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of GIS, CAD, and IT services

Geographic information systems services
₹51.14 crFY 2024-25
+16%2024–2025
1,299-5% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted Jun 2026

Provider of custom IT solutions for supply chain and logistics

Digital transformation services
₹48.39 crFY 2024-25
+27%2024–2025
328+58% vs previous recordLinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted May 2025

Provider of ERP, software development, consulting, and other services

It services
₹45.70 crFY 2023-24
+7%2023–2024
750recorded
25 yr2001
3postings · last posted Aug 2026

Provider of civil engineering and construction services, specializing in fire fighting and civil services

Facility management services
₹19.91 crFY 2024-25
+155%2024–2025
—Not available
8 yr2018
0none in 3 months

Provider of management consulting, digital marketing, and IT services

Management consulting services
₹14.44 crFY 2024-25
+2%2024–2025
564-1% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of IT and hardware & software distribution services

It services
₹8.73 crFY 2021-22
Not reported
3+93% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jul 2026

Provider of diversified facility management services

Facility management services
₹9.84 crFY 2024-25
+21%2024–2025
30-84% 12 mo to Sep 2022LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provides landscape design, development, maintenance, beautification, and gardening management services

Facility management services
₹9.83 crFY 2024-25
+111%2024–2025
17LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Provider of IT infrastructure, security, and network and connectivity solutions

It services
₹8.70 crFY 2024-25
+79%2024–2025
—Not available
4 yr2022
0none in 3 months

Provider of advertising, copywriting, and digital marketing services

Marketing services
₹6.86 crFY 2024-25
+12%2024–2025
—Not available
6 yr2020
0none in 3 months

Provider of engineering consulting and project management services

Engineering consulting
₹6.59 crFY 2024-25
+99%2024–2025
—Not available
7 yr2019
0none in 3 months

Provider of accounting, compliance and payroll services

Erp services
₹5.90 crFY 2024-25
+28%2024–2025
49LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Provider of security services

Facility management services
₹5.20 crFY 2024-25
+13%2024–2025
—Not available
8 yr2018
0none in 3 months

Provider of IT service suite solutions

It services
₹5.13 crFY 2024-25
+48%2024–2025
2LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of identity and access management, data, and managed services

It services
₹5.00 crFY 2024-25
+13%2024–2025
93LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of engineering consulting services with a focus on civil engineering.

Engineering consulting
₹4.80 crFY 2024-25
+12%2024–2025
35LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Provider of commercial security, laundry, cleaning, and other services

Facility management services
₹3.62 crFY 2021-22
Not reported
321-38% 12 mo to Feb 2024recorded Feb 2024
2 yr2024
0none in 3 months

Provider of search engine optimisation and website designing services

Marketing services
₹3.47 crFY 2024-25
+76%2024–2025
—Not available
5 yr2021
0none in 3 months

Provider of IoT products, embedded, design, and manufacturing engineering services

It services
₹3.16 crFY 2024-25
-72%2024–2025
39LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Mar 2020

Provider of IT service suite solutions

It services
₹2.66 crFY 2021-22
Not reported
18+20% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
—No postings tracked

Provider of digital marketing and software development services

Marketing services
₹2.98 crFY 2024-25
+47%2024–2025
53LinkedIn · Jul 2026
15 yr2011
1postings · last posted Aug 2026

Provider of market research services

Bpo services
₹2.20 crFY 2021-22
-29%2021–2022
69LinkedIn · Jul 2026
17 yr2009
0none in 3 months · last posted Apr 2026
50 of 230 companies shown here · the full list is on Radar
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Explore business services companies in Bhubaneswar by what you are looking for

Find business services companies in Bhubaneswar, including IT services, marketing agencies, HR and consulting firms. You can also browse business services startups in Bhubaneswar and companies that are hiring.

9 ways to explore business services in Bhubaneswar

IT services & software development companiesDigital marketing & advertising agenciesHR, recruitment & payroll servicesManagement consulting & legal servicesFacility management & security servicesAI, IoT & blockchain service providers

IT services & software development companies

Software, web, cloud and application development firms.

  1. E Square

    Provider of digital transformation, system integration, and cloud computing services

    Digital transformation services
    See in list
  2. Sustainable Outreach and Universal Leadership

    Provider of software & AI development, cloud computing, and business advisory services

    It services
    See in list
  3. Tatwa

    Provider of mobile application & web development, data analysis, cyber security, system integration, and other services

    It services
    See in list
  4. Luminous Infoways

    Provider of ERP, software development, consulting, and other services

    It services
    See in list
  5. Accveil Solutions

    Provider of IT and hardware & software distribution services

    It services
    See in list

Digital marketing & advertising agencies

Agencies for SEO, branding, advertising and digital marketing.

  1. Canonfire Creatives

    Provider of advertising, copywriting, and digital marketing services

    Marketing services
    See in list
  2. Hi-Tech Media Networks

    Provider of search engine optimisation and website designing services

    Marketing services
    See in list
  3. HexaLearn

    Provider of digital marketing and software development services

    Marketing services
    See in list
  4. Auromira

    Provider of digital marketing, branding and IT services

    Photography services
    See in list
  5. Idea Technosolutions

    Provider of web & graphic design, SMS, SEM and SEO services

    Marketing services
    Website

HR, recruitment & payroll services

Recruitment, staffing and payroll service providers.

  1. Tristar Software & Solutions

    Provider of accounting, compliance and payroll services

    Erp services
    See in list
  2. Mitra Alliances

    Company offers solutions in the areas of Payroll Processing Management

    Hr services
    See in list
  3. Aurovisglobal

    Provider of services in banking, finance, insurance, training, recruitment, and staffing for various industries

    Hr services
    See in list
  4. Metaphor Networks

    Provider of SAP ERP implementation support and training services

    Hr services
    See in list
  5. Tekscout

    Provider of staffing solutions and IT managed services for businesses

    Hr services
    Website

Management consulting & legal services

Business consultants, legal advisers and compliance firms.

  1. Sustainable Outreach and Universal Leadership

    Provider of software & AI development, cloud computing, and business advisory services

    It services
    See in list
  2. Newaetate

    Provider of management consulting, digital marketing, and IT services

    Management consulting services
    See in list
  3. ODRA Associates

    Provider of engineering consulting and project management services

    Engineering consulting
    See in list
  4. Idax Consulting & Research

    Provider of engineering consulting services with a focus on civil engineering.

    Engineering consulting
    See in list
  5. Intelisparkz

    Provider of business research and consulting services

    Management consulting services
    See in list

Facility management & security services

Housekeeping, security and maintenance service providers.

  1. RCPL

    Provider of civil engineering and construction services, specializing in fire fighting and civil services

    Facility management services
    See in list
  2. Utkal Facility Services

    Provider of diversified facility management services

    Facility management services
    See in list
  3. Greenwey

    Provides landscape design, development, maintenance, beautification, and gardening management services

    Facility management services
    See in list
  4. Tek2open

    Provider of security services

    Facility management services
    See in list
  5. Nischint Multi Service

    Provider of commercial security, laundry, cleaning, and other services

    Facility management services
    See in list

AI, IoT & blockchain service providers

Companies building AI, IoT, AR/VR and blockchain solutions for business.

  1. Epsum Labs

    Provider of industrial automation, IoT, and software solutions

    It services
    See in list
  2. Thoughtspheres

    Provider of data, AI, and cloud solutions for enterprise modernization

    Management consulting services
    See in list
  3. Hermit Labs

    Developer of assistive technology software for healthcare and education sectors

    Iot services
    Website
  4. Radech Solutions

    Cloud based ERP software and management solutions for multiple industries

    Iot services
    Website
  5. HyScaler

    Provider of software, web, AI & mobile application development, cloud computing, and other services

    Digital transformation services
    Website

ERP & enterprise software providers

ERP implementation and business software companies.

  1. Radech Solutions

    Cloud based ERP software and management solutions for multiple industries

    Iot services
    Website
  2. OASYS Tech Solutions

    Oasys Tech Solutions provides data integration, software development, cyber security, SAP ERP, e-commerce, and IT consulting services.

    It services
    Website
  3. VeenaPro ERP

    Providing SMB focused software solutions for manufacturing industries

    Erp services
    Website
  4. Pearnode

    Platform offering blockchain enabled ERP software for enterprises

    Digital transformation services
    Website
  5. Luminous Infoways

    Provider of ERP, software development, consulting, and other services

    It services
    See in list

Business services startups in Bhubaneswar

Newer business services companies founded in recent years.

  1. Sustainable Outreach and Universal Leadership

    Provider of software & AI development, cloud computing, and business advisory services

    It services
    See in list
  2. Vishant Solution

    Provider of IT infrastructure, security, and network and connectivity solutions

    It services
    See in list
  3. Nischint Multi Service

    Provider of commercial security, laundry, cleaning, and other services

    Facility management services
    See in list
  4. Mitra Alliances

    Company offers solutions in the areas of Payroll Processing Management

    Hr services
    See in list
  5. Verbaltrans

    Provider of translation, localization, and interpretation solutions

    Language services
    See in list
36 companies in Bhubaneswar

Business services companies hiring in Bhubaneswar

Business services companies with open roles right now.

  1. In2IT Technologies

    Provider of IT infrastructure, application, and security services to businesses

    It services
    Website
  2. Aabsys

    Provider of GIS, CAD, and IT services

    Geographic information systems services
    See in list
  3. Cozentus

    Provider of custom IT solutions for supply chain and logistics

    Digital transformation services
    See in list
  4. Luminous Infoways

    Provider of ERP, software development, consulting, and other services

    It services
    See in list
  5. Accveil Solutions

    Provider of IT and hardware & software distribution services

    It services
    See in list
26 companies in Bhubaneswar
Mobile reach

Top 8 business services apps from Bhubaneswar

The most-installed Android apps published by business services companies headquartered in Bhubaneswar — 69K installs between them. 8 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 8
4

NetTantra Talk

by NetTantra

Installs410
Rating—
Last updatedJul 2022
View on Google Play ↗
NetTantra Talk screenshot 1NetTantra Talk screenshot 2NetTantra Talk screenshot 3NetTantra Talk screenshot 4
7

E-Attendance

by E Square

Installs172
Rating—
Last updatedJul 2024
View on Google Play ↗
E-Attendance screenshot 1E-Attendance screenshot 2E-Attendance screenshot 3
8

HyScaler Talk

by HyScaler

Installs136
Rating—
Last updatedFeb 2026
View on Google Play ↗
HyScaler Talk screenshot 1HyScaler Talk screenshot 2HyScaler Talk screenshot 3HyScaler Talk screenshot 4HyScaler Talk screenshot 5HyScaler Talk screenshot 6
The business behind the activity

Business services financials in Bhubaneswar

Revenue, profit and growth from the filed annual accounts of 57 business services companies in Bhubaneswar for FY24-25 — 72 of the 230 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 70% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹541.47 cr

57 companies filing accounts

combined net profit₹33.10 cr

6.1% aggregate margin

are profitable79%

45 of 57 companies

median revenue~₹1.7 cr

the typical company

median revenue growth+22%

into FY24-25

earned by the top five70%

revenue concentration

Six-year view

Combined revenue of filing companies

₹247.84 crFY19-2046 filers
₹210.66 crFY20-2148 filers
₹342.26 crFY21-2257 filers
₹533.27 crFY22-2360 filers
₹627.37 crFY23-2462 filers
₹541.47 crFY24-2557 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 50 companies over three years

+34%
FY22-23₹398.14 cr₹21.35 cr net
FY23-24₹492.52 cr₹29.71 cr net
FY24-25₹533.44 cr₹32.95 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2560% profitable
₹1–10 cr2496% profitable
₹10–100 cr786% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking14
0–20%12
20–50%11
50–100%6
Doubled+11

54 companies with accounts for both years; median growth +22%.

Profitability

Profit is concentrated at the top

45profitable
12loss-making
6.1%aggregate margin
2.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
RCPLRADIANTS CIVILETRIC PRIVATE LIMITED+155%₹19.91 cr
CozentusCOZENTUS TECHNOLOGIES PRIVATE LIMITED+43%₹46.93 cr
TatwaTATWA TECHNOLOGIES LIMITED+30%₹78.30 cr
AabsysAABSYS INFORMATION TECHNOLOGY PRIVATE LIMITED+16%₹50.94 cr
Accveil SolutionsACCVEIL SOLUTIONS PRIVATE LIMITED+10%₹26.90 cr
NetTantraNETTANTRA TECHNOLOGIES (INDIA) PRIVATE LIMITED+9%₹15.58 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
CozentusCOZENTUS TECHNOLOGIES PRIVATE LIMITED22.5%₹46.93 cr
AabsysAABSYS INFORMATION TECHNOLOGY PRIVATE LIMITED18.0%₹50.94 cr
NetTantraNETTANTRA TECHNOLOGIES (INDIA) PRIVATE LIMITED16.1%₹15.58 cr
NewaetateNEWAETATE PRIVATE LIMITED8.1%₹14.44 cr
E SquareE SQUARE SYSTEM & TECHNOLOGIES PRIVATE LIMITED3.7%₹176.84 cr
Accveil SolutionsACCVEIL SOLUTIONS PRIVATE LIMITED3.3%₹26.90 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services16₹145.15 cr~₹2.8 cr94%1.5%
Facility management services5₹45.45 cr~₹9.8 cr80%-0.3%
Marketing services7₹14.42 cr~₹49 lakh71%10.0%
Leaders

Largest business services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
E SquareE SQUARE SYSTEM & TECHNOLOGIES PRIVATE LIMITED₹176.84 cr₹6.62 cr3.7%-14%
TatwaTATWA TECHNOLOGIES LIMITED₹78.30 cr₹1.06 cr1.4%+30%
AabsysAABSYS INFORMATION TECHNOLOGY PRIVATE LIMITED₹50.94 cr₹9.18 cr18.0%+16%
CozentusCOZENTUS TECHNOLOGIES PRIVATE LIMITED₹46.93 cr₹10.55 cr22.5%+43%
Accveil SolutionsACCVEIL SOLUTIONS PRIVATE LIMITED₹26.90 cr₹88.25 lakh3.3%+10%
RCPLRADIANTS CIVILETRIC PRIVATE LIMITED₹19.91 cr−₹96.18 lakh-4.8%+155%
NetTantraNETTANTRA TECHNOLOGIES (INDIA) PRIVATE LIMITED₹15.58 cr₹2.51 cr16.1%+9%
NewaetateNEWAETATE PRIVATE LIMITED₹14.44 cr₹1.16 cr8.1%+2%
Utkal Facility ServicesUTKAL FACILITY SERVICES PRIVATE LIMITED₹9.84 cr₹8.29 lakh0.8%+21%
GreenweyGREENWEY CREATION PRIVATE LIMITED₹9.83 cr₹48.46 lakh4.9%+111%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Business services funding and M&A across India

1,237 recorded equity rounds have gone to 42,898 business services companies in India — how much, at which stage, into which sub-sectors, from whom, and how Bhubaneswar compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months16

US$427.87m

equity rounds, last 24 months76

US$1.35bn

raised over five yearsUS$3.14bn

375 rounds in India

M&A deals, India373

last 24 months

Capital by year

Equity funding into business services in India

amount rounds
$280m201881
$282m201986
$216m202073
$507m202185
$712m202292
$218m202362
$491m202475
$795m202548
$416m202613

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$794.66m across 48 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$41.38m84 rounds · median US$107k
SeedUS$157.84m190 rounds · median US$393k
Series AUS$401.97m49 rounds · median US$4.85m
Series BUS$387.06m21 rounds · median US$13.75m
Series CUS$283.32m9 rounds · median US$25.63m
Series D+US$1.36bn13 rounds · median US$78.82m
Private equityUS$510.97m9 rounds · median US$56.00m
Where the money went · five years

Most-funded sub-sectors

Management consulting servicesUS$624.83m41 rounds · 25 companies
It servicesUS$499.22m85 rounds · 60 companies
Facility management servicesUS$350.06m2 rounds · 2 companies
Biopharma outsourcingUS$250.00m1 rounds · 1 companies
Bpo servicesUS$225.14m6 rounds · 5 companies
Hr servicesUS$190.06m34 rounds · 21 companies
Supply chain servicesUS$181.13m11 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

337Acquisition
29Merger
3Announced

Most active acquirers

  1. Infosys18
  2. Kpit technologies16
  3. Tvs supply chain solutions15
  4. Coforge12
  5. Hexaware technologies11

Most acquired or merged

  1. Slk software6
  2. Mindsprint5
  3. Ags health4
  4. Axiscades3
  5. Cigniti technologies3

Each deal appears in the events strip at the top of the page.

Founders and momentum in Bhubaneswar

Meet the people behind business services companies in Bhubaneswar. 46 of 230 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Bhubaneswar business services companies by sub-sector

The most common specialisations among business services companies in Bhubaneswar. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring business services in India and nearby markets.

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