Company lists
The Gujarat edition · 2026

Business servicescompanies in Gujarat

IT services, marketing, HR & BPO, consulting, AI, IoT & 3D and more: the companies building business services in Gujarat, with their founders, funding, team size and business models.

3,603 company profiles553 with reported revenue17 with recorded fundingSeptember 2026 edition

Recent business services business events in Gujarat

Funding, M&A, contract wins and launches involving 3,770 business services companies in Gujarat, last 24 months: 36 Contracts · 11 launches · 10 M&A deals · 3 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

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
ContractTechnology

Dev information technology · client: National Informatics Centre

Dev Information Technology Limited (DEV IT), (NSE – DEVIT, BSE – 543462 | INE060X01034), a global IT services company offering Cloud Services, Digital Transformation, Enterprise…

LaunchYudiz 2.0

Yudiz solutions

Yudiz Solutions Limited announces the launch of Yudiz 2.0

ContractTechnology

Aarav solutions · client: Ishan technologies

Ishan Technologies, one of India’s fastest-growing ICT providers serving over one million users nationwide, has selected Aarav Solutions to lead comprehensive OSS/BSS transformation on…

Telecommunications
M&AAcquisition · Announced

Byte technosys private limited acquires Dev it

In a significant restructuring move, Dev Information Technology Limited (DEV IT) has declared its intent to transfer ByteSIGNER and Talligence, two of its product businesses, to Byte…

M&AAcquisition · Announced

AMI Paradigm Solutions Private Limited (AMIPS) acquires L&t technology services

AMI Paradigm Solutions Private Limited (AMIPS), a joint venture between AM Group and ParadigmIT, has inked a binding transfer agreement (BTA) with L&T Technology Services (LTTS) to…

Technology Services
ContractService

Silver touch technologies · client: Odisha Computer Application Centre (OCAC), Government of Odisha

Silver Touch Technologies has received a purchase order from Odisha Computer Application Centre (OCAC), Government of Odisha, for the enhancement, operation, maintenance and technical…

Agriculture
ContractService

Silver touch technologies · client: ODISHA COMPUTER APPLICATION CENTRE

SILVER TOUCH TECHNOLOGIES HAS RECEIVED A PROJECT FROM THE ODISHA COMPUTER APPLICATION CENTRE. THE COMPANY HAS POINTED OUT ON THURSDAY THAT THIS PROJECT FOR THE ENHANCEMENT, OPERATION,…

Government
M&AAcquisition

Xduce Technologies acquires Dev information technology

According to the company’s disclosures dated 3rd January, Xduce Technologies has already acquired a 12.48% ownership share in Dev Information.

IT services
ContractService

Sattrix information security · client: Hitachi systems

Sattrix Information Security Limited announced that it has received initial work orders to provide managed Security Operations Center (SOC) services to Hitachi Systems India Private…

FundingInitial Public Offering

Silicon Valley

Silicon Valley Acquisition Corp. announced the closing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on December 24, 2025. Total gross proceeds from…

Investors Clear street
ContractService

Praveg · client: Na

Praveg Ltd: Company Secures INR 9.96 Crore Contract for Sardar Patel Unity March

Service
LaunchExcellentPublicity.ai

Excellent publicity

Excellent Publicity today announced the launch of ExcellentPublicity.ai, India’s first unified AI AdTech suite designed to centralize and simplify the entire advertising lifecycle for…

AI AdTech suite
ContractTechnology

Softvan · client: Indian Navy

Softvan Limited, a subsidiary of Sahana Systems, secured a Rs. 7.74 crore Indian Navy contract via GeM to upgrade RF and Non-RF infrastructure, enhancing defence communication and…

Defence
ContractTechnology

L&t technology services · client: Na

L&T Technology Services (LTTS) has announced approx Rs 8.86 billion multi-year agreement with a US-based industrial equipment manufacturer.

Semiconductor
ContractService

L&t technology services · client: US-based industrial equipment manufacturer

A leading engineering services provider secured a $100 million multi-year deal with a US industrial equipment maker

Semiconductor
ContractSupply

Softvan · client: Railtel corporation of india

Sahana Systems Limited announced that its subsidiary, Softvan Limited, has received a Rs. 16.42 crore order from RailTel Corporation of India Limited.

Technology
ContractInfrastructure

AmpVolts · client: Tata motors

To further expand this network, the company has signed MoUs with 13 leading Charging Point Operators — including Charge Zone, Zeon Electric, Kazam, Volttic, and Ampvolts — to add another…

EV charging infrastructure
ContractService

ITI Limited · client: Guj info petro

ITI Limited, India’s premier public sector telecom company, has been empanelled as a System Integrator by Guj Info Petro Limited (GIPL) for two major IT projects in Gujarat. The 36-month…

IT / Telecommunications
ContractService

Dev information technology · client: RajCOMP Info Services Ltd.

Dev Information Technology share price jumped 4.5% during Friday's trading session after the company revealed it has secured a major work contract from RajCOMP Info Services Ltd., which…

Government
LaunchSaksham Cloud

Ishan technologies

Ishan Technologies, a leading ICT and digital connectivity platform, has announced the launch of Saksham Cloud, a sovereign and compliance-driven cloud platform designed exclusively for…

Cloud platform
LaunchIoT-enabled ERP/CRM

Amar infotech

Amar InfoTech is advancing digital transformation with its IoT-enabled ERP and CRM development services, designed to help enterprises in India and worldwide integrate real-time data…

Enterprise Resource Planning / Customer Relationship Management
ContractService

Sattrix information security · client: Na

Sattrix Information Security’s shares gained after the company won an order worth Rs. 40.95 lakh for providing Managed SOC Services and NOC Monitoring Activities.

Stockbroking and financial consulting sector
FundingGrowth capital

Amnex infotechnologies

Amnex Infotechnologies gets INR 460 crore growth capital from Bharat Value Fund

Investors Bharat Value Fund
Wealth Company Asset Management / AI/IoT/GIS
Launch

Azilen technologies

Azilen Technologies, a global product engineering company, today announced the successful integration of OpenAI's advanced language models into its digital platforms.

ContractSupply

Amd · client: Ishan technologies

Ishan Technologies has selected 4th Gen AMD EPYC processors to power its Tier-3 Mumbai Data Center.

Cloud Infrastructure
ContractService

Primex media services · client: Clear premium water

Primex Media Services, one of India’s leading public relations and media management agencies, has been awarded the PR mandate for CLEAR Premium Water for the third consecutive time

Public Relations
ContractService

Ace software exports · client: Na

Ace Software Exports Limited has received a contract for the development of the EV Charging Application from a leading EV Solutions Company based in the United States of America for an…

Technology
LaunchAgentic AI services

Fusion Informatics

Fusion Informatics, a leading digital transformation partner, has announced the expansion of its Agentic AI services, specifically tailored to help Small and Mid-sized Businesses (SMBs)…

M&AAcquisition · Announced

BetMakers MTS, LLC (BetMakers LLC) acquires Protocol Zone

BetMakers Technology Group has announced that its subsidiary, BetMakers MTS, LLC (BetMakers LLC), has acquired intellectual property and software (together the IP) from Protocol Zone…

Business services companies in Gujarat, by revenue

Browse business services companies in Gujarat 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 553 business services companies in Gujarat 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 software & AI development, cloud, cyber security, and engineering consulting services

Manufacturing services
₹10,880.10 crFY 2024-25
+10%2024–2025
41,463-6% 12 mo to Nov 2023LinkedIn · Jul 2026
14 yr2012
1postings · last posted Jul 2026

Provider of mobile device and IT product distribution services

It resellers
₹1,884.33 crFY 2024-25
+34%2024–2025
41LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of IT infrastructure services

It services
₹1,315.78 crFY 2024-25
+28%2024–2025
178LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of diversified facility management services

Services for investment industry
₹820.00 crFY 2022-23
Not reported
1,241-25% 12 mo to Jul 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Provider of structured cabling solutions, network infrastructure, and data center services

It services
₹767.08 crFY 2024-25
+44%2024–2025
—Not available
24 yr2002
0none in 3 months

Provider of precision agriculture solutions

It services
₹707.65 crFY 2024-25
+164%2024–2025
927+4% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

Provider of oil refinery services

Supply chain services
₹640.62 crFY 2024-25
+11%2024–2025
153LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Jun 2026

Provider of data analytics, cybersecurity, devOps, and MLOps solutions

It services
₹639.25 crFY 2024-25
+11%2024–2025
720+110% 12 mo to May 2022recorded May 2022
13 yr2013
4postings · last posted Jul 2026

Provider of IT enterprise solutions and product distribution

It services
₹562.79 crFY 2024-25
+29%2024–2025
38LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of electrical, security, cleaning, and pest control services

Facility management services
₹510.39 crFY 2024-25
+23%2024–2025
15,000recorded
41 yr1985
0none in 3 months

Provider of staffing, recruitment and payroll services

Hr services
₹378.01 crFY 2024-25
+33%2024–2025
414-7% vs previous recordLinkedIn · Jul 2026
16 yr2010
0none in 3 months

Global workforce solutions company offering a range of offshoring services

Bpo services
₹305.81 crFY 2024-25
+7%2024–2025
1,864+27% vs previous recordLinkedIn · Jul 2026
20 yr2006
11postings · last posted Sep 2026

Provides application development services

It services
₹291.71 crFY 2024-25
+28%2024–2025
1,969LinkedIn · Jul 2026
34 yr1992
3postings · last posted Sep 2026

Provide end-to-end infrastructure configuration, testing, maintenance and support services

It support services
₹278.62 crFY 2024-25
+34%2024–2025
196LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Provider of diversified application development, ERP, HR & payroll and email services

Hr services
₹266.94 crFY 2024-25
Not reported
601-16% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Provider of IT solutions for businesses

It services
₹230.14 crFY 2024-25
+12%2024–2025
1,362+11% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
16postings · last posted Sep 2026

Provider of consulting, services, and staffing solutions

Hr services
₹222.35 crFY 2024-25
+21%2024–2025
517+24% vs previous recordLinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted May 2026

Mobile and web application development

It services
₹194.48 crFY 2024-25
+1%2024–2025
899-3% 12 mo to Aug 2024recorded Aug 2024
27 yr1999
8postings · last posted Sep 2026

Offers AI, blockchain & cloud-based supply chain management solutions

Supply chain services
₹183.97 crFY 2024-25
+134%2024–2025
—Not available
6 yr2020
0none in 3 months

Provider of digital transformation, IT managed, cloud, and other services

It services
₹183.91 crFY 2024-25
Not reported
638+89% 12 mo to Aug 2024recorded Aug 2024
29 yr1997
0none in 3 months

Provider of customized printing solutions, including business cards, banners, and marketing materials

It services
₹179.65 crFY 2024-25
-3%2024–2025
—Not available
23 yr2003
0none in 3 months

Provider of infrastructure project development and engineering consulting services

Engineering consulting
₹176.35 crFY 2024-25
+40%2024–2025
890LinkedIn · Jul 2026
25 yr2001
0none in 3 months · last posted Jun 2026

Leading event management, exhibition management, tourism & hospitality Company

Hotels
₹174.43 crFY 2024-25
+84%2024–2025
451+424% 12 mo to Feb 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Provider of data analytics, AI development, supply chain, and other services

It services
₹173.99 crFY 2024-25
+6%2024–2025
51recorded
34 yr1992
0none in 3 months

Provider of web application development, business intelligence, digital marketing, and other services

It services
₹169.24 crFY 2024-25
+144%2024–2025
45+125% 12 mo to Jul 2024recorded Jul 2024
17 yr2009
7postings · last posted Sep 2026
50 of 3,603 companies shown here · the full list is on Radar
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Explore business services companies in Gujarat by what you are looking for

Browse business services companies in Gujarat, including IT services and digital marketing firms in Ahmedabad and beyond. You can also find business services startups in Gujarat and top business services companies in India based there.

9 ways to explore business services in Gujarat

IT services & software development companiesMarketing & advertising agenciesHR, recruitment & BPO companiesManagement & engineering consulting firmsAI, IoT, blockchain & 3D technology servicesFacility management, security & event services

IT services & software development companies

Companies that build software and apps and run IT systems.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. Silver Touch

    Provides application development services

    It services
    See in list
  3. Riddhi Corporate

    Provider of diversified application development, ERP, HR & payroll and email services

    Hr services
    See in list
  4. Rishabh Software

    Mobile and web application development

    It services
    See in list
  5. Dev IT

    Provider of digital transformation, IT managed, cloud, and other services

    It services
    See in list

Marketing & advertising agencies

Agencies for digital marketing, branding, advertising and SEO.

  1. Mangalam Prints

    Provider of customized printing solutions, including business cards, banners, and marketing materials

    It services
    See in list
  2. Excellent Publicity

    Provider of advertising services

    Marketing services
    Website
  3. Egniol

    Provider of MSME business loan consultancy and financial services

    Marketing services
    Website
  4. Brittman

    Provider of business consulting and digital marketing services for HR industry

    Management consulting services
    Website
  5. RCS

    Provider of electrical, plumbing, cleaning, and other services

    Marketing services
    Website

HR, recruitment & BPO companies

Providers of staffing, recruitment, payroll and outsourced processes.

  1. Adhaan

    Provider of staffing, recruitment and payroll services

    Hr services
    See in list
  2. ALOIS

    Provider of consulting, services, and staffing solutions

    Hr services
    See in list
  3. Entigrity

    Remote staffing solutions for multiple industries

    Hr services
    See in list
  4. Reliable first

    Provider of recruitment, training, and payroll management services

    Hr services
    Website
  5. Kaapro

    Provider of HR consulting, recruitment, and training services

    Hr services
    Website

Management & engineering consulting firms

Consultants for business strategy, engineering and compliance.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. Excelsource International.

    Provider of oil refinery services

    Supply chain services
    See in list
  3. Panamax Infotech

    Provider of business strategy, advisory, operational, technology, healthcare, and other consulting services

    Digital transformation services
    See in list
  4. Manubhai & Shah

    Provider of risk management, compliance, accounting, and other services

    Grc services
    See in list
  5. Green Design & Engineering Services

    Engineering, designing, and consulting firm

    Waste & water management
    Website

AI, IoT, blockchain & 3D technology services

Companies offering AI, IoT, AR/VR, blockchain and 3D printing services.

  1. Amnex

    Provider of precision agriculture solutions

    It services
    See in list
  2. Azilen

    Enterprise Software & Application Development Company

    It services
    See in list
  3. KCS

    Services related to development of websites, mobile applications and custom applications.

    Iot services
    See in list
  4. Stpl3D

    Provider of industrial three-dimensional printing services using various printing technologies

    3d printing
    Website
  5. HyperLink Infosystem

    Services related to App development, IoT, Game development, AI&ML, Blockchain and DevOps is provided by the company

    Iot services
    Website

Facility management, security & event services

Providers of facility upkeep, security and event management.

  1. Checkmate

    Provider of diversified facility management services

    Services for investment industry
    See in list
  2. Praveg

    Leading event management, exhibition management, tourism & hospitality Company

    Hotels
    See in list
  3. Aqua Facility

    Provider of integrated facilities management

    Facility management services
    See in list
  4. Indus Fire Safety

    Provider of fire and safety services with expertise in industrial safety

    Physical security services
    See in list
  5. ClubO7

    Ahmedabad-based club & conventional hall

    Event management services
    Website

Business services startups in Gujarat

Newer business services companies founded in recent years.

  1. Welspun GCC

    Provider of business process outsourcing, IT outsourcing, and HR services

    It services
    See in list
  2. Kavel Enterprise

    Provider of cleaning, landscaping, and break room services

    Facility management services
    Website
  3. Logipack

    Manufacturer of industrial, heavy duty, and corrugated boxes, pallets, and crates

    Supply chain services
    Website
  4. Aptologics

    Provider of sales force cloud and data analytics services

    Sales services
    Website
  5. Serenetic Software

    Provider of web & mobile application development services

    It services
    Website
275 companies in Gujarat

Business services companies hiring in Gujarat

Business services companies with open jobs right now.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. Amnex

    Provider of precision agriculture solutions

    It services
    See in list
  3. Excelsource International.

    Provider of oil refinery services

    Supply chain services
    See in list
  4. Crest Data Systems

    Provider of data analytics, cybersecurity, devOps, and MLOps solutions

    It services
    See in list
  5. IMS Group

    Global workforce solutions company offering a range of offshoring services

    Bpo services
    See in list
59 companies in Gujarat

Listed business services companies in Gujarat

Publicly listed business services companies.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. Silver Touch

    Provides application development services

    It services
    See in list
  3. Riddhi Corporate

    Provider of diversified application development, ERP, HR & payroll and email services

    Hr services
    See in list
  4. Dev IT

    Provider of digital transformation, IT managed, cloud, and other services

    It services
    See in list
  5. Praveg

    Leading event management, exhibition management, tourism & hospitality Company

    Hotels
    See in list
32 companies in Gujarat
Mobile reach

Top 10 business services apps from Gujarat

The most-installed Android apps published by business services companies headquartered in Gujarat — 47.8M installs between them. 297 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

TrustContact-Caller ID & Block

by AppSense Digital

Installs9.2M
Rating4.62132K ratings
Installs, year on year+500%
Last updatedMar 2026
View on Google Play ↗
TrustContact-Caller ID & Block screenshot 1TrustContact-Caller ID & Block screenshot 2TrustContact-Caller ID & Block screenshot 3TrustContact-Caller ID & Block screenshot 4TrustContact-Caller ID & Block screenshot 5TrustContact-Caller ID & Block screenshot 6
2

ACPL FM220 Registered Device

by Access Computech

Installs8.5M
Rating3.8919K ratings
Installs, year on year+6%
Last updatedAug 2025
View on Google Play ↗
ACPL FM220 Registered Device screenshot 1ACPL FM220 Registered Device screenshot 2ACPL FM220 Registered Device screenshot 3ACPL FM220 Registered Device screenshot 4ACPL FM220 Registered Device screenshot 5ACPL FM220 Registered Device screenshot 6
3

Video Converter

by Vidsoftlab

Installs7.9M
Rating4.4381K ratings
Installs, year on year+8%
Last updatedNov 2025
View on Google Play ↗
Video Converter screenshot 1Video Converter screenshot 2Video Converter screenshot 3Video Converter screenshot 4Video Converter screenshot 5Video Converter screenshot 6
6

Compress Image - MB to kB

by Aculix

Installs2.8M
Rating4.3420K ratings
Installs, year on year+21%
Last updatedSep 2025
View on Google Play ↗
Compress Image - MB to kB screenshot 1Compress Image - MB to kB screenshot 2Compress Image - MB to kB screenshot 3Compress Image - MB to kB screenshot 4Compress Image - MB to kB screenshot 5Compress Image - MB to kB screenshot 6
9

Panorama Crop - PanoCut

by Hashone

Installs2.4M
Rating3.9626K ratings
Installs, year on year+65%
Last updatedMay 2026
View on Google Play ↗
Panorama Crop - PanoCut screenshot 1Panorama Crop - PanoCut screenshot 2Panorama Crop - PanoCut screenshot 3Panorama Crop - PanoCut screenshot 4Panorama Crop - PanoCut screenshot 5Panorama Crop - PanoCut screenshot 6
10

GPS Speedometer - Track trips

by AppAspect

Installs1.8M
Rating3.354K ratings
Last updatedMay 2026
View on Google Play ↗
GPS Speedometer - Track trips screenshot 1GPS Speedometer - Track trips screenshot 2GPS Speedometer - Track trips screenshot 3GPS Speedometer - Track trips screenshot 4GPS Speedometer - Track trips screenshot 5GPS Speedometer - Track trips screenshot 6
The business behind the activity

Business services financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 540 business services companies in Gujarat for FY24-25 — 616 of the 3,603 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 53% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹27,422.65 cr

540 companies filing accounts

combined net profit₹2,359.55 cr

8.6% aggregate margin

are profitable78%

422 of 540 companies

median revenue~₹4.4 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five53%

revenue concentration

Six-year view

Combined revenue of filing companies

₹11,812.91 crFY19-20394 filers
₹12,095.73 crFY20-21431 filers
₹14,999.20 crFY21-22475 filers
₹20,965.83 crFY22-23517 filers
₹24,081.75 crFY23-24537 filers
₹27,422.65 crFY24-25540 filers

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

Like-for-like

The same 469 companies over three years

+30%
FY22-23₹20,344.46 cr₹1,773.56 cr net
FY23-24₹23,169.40 cr₹2,091.56 cr net
FY24-25₹26,511.83 cr₹2,188.80 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 cr13147% profitable
₹1–10 cr21784% profitable
₹10–100 cr15792% profitable
₹100–1,000 cr3297% profitable
Over ₹1,000 cr3100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking148
0–20%143
20–50%111
50–100%55
Doubled+50

507 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

422profitable
116loss-making
8.6%aggregate margin
2.4%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
ADP AssociatesADP ASSOCIATES PRIVATE LIMITED+375%₹10.89 cr
Kavel EnterpriseKAVEL ENTERPRISE PRIVATE LIMITED
SoftvanSOFTVAN LIMITED₹51.21 cr
Richa InfosystemsRicha Info Systems Limited
Kody TechnolabKody Technolab Limited+214%₹73.02 cr
AmnexAMNEX INFOTECHNOLOGIES PRIVATE LIMITED+164%₹707.77 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AppleTechAPPLETECH PRIVATE LIMITED53.8%
Crest Data SystemsCREST DATA SYSTEMS PRIVATE LIMITED46.2%₹559.71 cr
VeloxcoreVELOXCORE PRIVATE LIMITED42.8%₹12.86 cr
Maruti TechlabsMARUTI TECHLABS PRIVATE LIMITED₹71.89 cr
NaapBooksNAAPBOOKS LIMITED36.1%₹12.42 cr
OpenXcellOPENXCELL TECHNOLABS PRIVATE LIMITED34.4%₹75.44 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services202₹8,327.71 cr~₹7.7 cr82%10.2%
It resellers8₹2,004.36 cr~₹6.0 cr75%0.2%
Facility management services27₹1,360.45 cr~₹22.7 cr93%2.9%
Hr services43₹1,307.85 cr~₹2.5 cr63%2.5%
Supply chain services8₹984.69 cr~₹34.1 cr88%7.7%
Bpo services17₹588.22 cr~₹3.6 cr82%16.8%
Physical security services10₹393.19 cr~₹5.7 cr90%2.0%
Marketing services46₹283.23 cr~₹2.5 cr78%-3.7%
Leaders

Largest business services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
L&T Technology ServicesL&T TECHNOLOGY SERVICES LIMITED₹9,744.30 cr₹1,220.90 cr12.5%+10%
Nexg DevicesNEXG DEVICES PRIVATE LIMITED₹1,884.33 cr₹2.31 cr0.1%+34%
ArMee InfotechARMEE INFOTECH LIMITED₹1,296.40 cr₹41.25 cr3.2%+29%
Classic NetworkCLASSIC NETWORK PRIVATE LIMITED₹767.08 cr₹14.69 cr1.9%+44%
AmnexAMNEX INFOTECHNOLOGIES PRIVATE LIMITED₹707.77 cr₹167.09 cr23.6%+164%
Excelsource International.EXCELSOURCE INTERNATIONAL PRIVATE LIMITED₹640.60 cr₹25.90 cr4.0%+11%
Aegis Info WareAEGIS INFOWARE LIMITED₹562.79 cr₹7.51 cr1.3%+29%
Crest Data SystemsCREST DATA SYSTEMS PRIVATE LIMITED₹559.71 cr₹258.71 cr46.2%+10%
CISS IndiaCISS SERVICES LIMITED₹509.56 cr₹10.60 cr2.1%+24%
Earth SyscomEARTH SYSCOM PRIVATE LIMITED₹467.55 cr₹1.56 cr-14%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

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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 Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months21

US$508.58m

equity rounds, last 24 months82

US$1.36bn

raised over five yearsUS$3.14bn

375 rounds in India

M&A deals, Gujarat10

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 Gujarat

8Acquisition
2Merger

Most active acquirers

  1. L&t technology services2
  2. Ace software exports1
  3. Byte technosys private limited1
  4. AMI Paradigm Solutions Private Limited (AMIPS)1
  5. Xduce Technologies1

Most acquired or merged

  1. Dev information technology2
  2. QeLearn (Formerly known as Theia Education)1
  3. Dev it1
  4. L&t technology services1
  5. Protocol Zone1

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

Business services funding in Gujarat

17 business services companies in Gujarat have recorded equity funding, US$126.99m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind business services companies in Gujarat. 622 of 3,603 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat business services companies by sub-sector

The most common specialisations among business services companies in Gujarat. 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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