Company lists
The India edition · 2026

Business servicescompanies in India

It services, marketing, hr, consulting, facility mgmt and more: the companies building business services in India, with their founders, funding, team size and business models.

38,519 company profiles10,418 with reported revenue458 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 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: 542 Contracts · 374 M&A deals · 168 launches · 73 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
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
LaunchNexa Agentic Platform

Coforge

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

Insurance
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
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
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
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
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)

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
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
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 Inc. (Tao Digital)

Cyient has entered into a definitive agreement to acquire entire stake in Tao Digital Solutions Inc. (Tao Digital), a global digital engineering firm focused on data, product, and AI-led…

Digital 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 India, by revenue

Browse business services companies in India 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 10,418 business services companies in India 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 business solution, data analytics, and IT suite services

It services
₹245,315.00 crFY 2023-24
Not reported
715,834+12% 12 mo to Jul 2024LinkedIn · Jul 2026
58 yr1968
0none in 3 months

Provider of career development and HR consulting services

Hr services
€25.43bnDec 2023
-8%2022–2023
—Not available
20 yr2006
0none in 3 months

Provider of digital marketing, data analytics, and IT services

It services
₹166,590.00 crFY 2024-25
+5%2024–2025
370,844-7% 12 mo to May 2024LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Provider of diversified BPO services

Bpo services
₹149,468.00 crFY 2022-23
Not reported
45,459+59954% vs previous recordLinkedIn · Jul 2026
24 yr2002
112postings · last posted Sep 2026

Provider of mobile application development, data management, and cloud services

It services
US$16.05bnFY 2023-24
-6%2023–2024
16,683recorded
5 yr2021
305postings · last posted Sep 2026

Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services

It services
₹111,408.00 crFY 2023-24
Not reported
256,338+2% 12 mo to Jul 2024LinkedIn · Jul 2026
50 yr1976
0none in 3 months

Provider of business process management, financial and logistics services

It services
₹99,561.72 crFY 2024-25
+11%2024–2025
5,522+15% 12 mo to Jul 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Provider of mobile application development, cloud management, data analytics, and IT consulting services

It services
₹92,391.10 crFY 2023-24
Not reported
271,641-6% 12 mo to Jul 2024LinkedIn · Jul 2026
81 yr1945
0none in 3 months

Provider of data analytics, cloud management, and business process outsourcing services

Bpo services
₹53,843.70 crFY 2024-25
+2%2024–2025
110,240recorded Aug 2024
40 yr1986
0none in 3 months

IT Services and Solutions provider

It services
₹38,997.80 crFY 2024-25
+8%2024–2025
20,959+2% 12 mo to Sep 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of IT and consulting services

It services
₹36,218.90 crFY 2023-24
Not reported
57,422-1% 12 mo to Aug 2024recorded Aug 2024
30 yr1996
56postings · last posted Sep 2026

Distributor of ICT products

Wholesalers
₹32,896.18 crFY 2024-25
+2%2024–2025
1,531+19% 12 mo to Feb 2024recorded Feb 2024
40 yr1986
0none in 3 months

Network operations and consultancy services for telecom sector

It services
₹23,238.89 crFY 2024-25
+10%2024–2025
5,165-8% 12 mo to Mar 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of metal and polymer 3D design & printing services

3d printing and 3d scanning services
₹18,747.20 crFY 2024-25
+9%2024–2025
4,624+14% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months

Electric utility company

Bpo services
₹14,555.12 crFY 2022-23
Not reported
2,763-3% 12 mo to Jul 2024LinkedIn · Jul 2026
147 yr1879
0none in 3 months

Provider of outsourcing and business services

Bpo services
₹14,990.82 crFY 2024-25
+9%2024–2025
33,786+1% 12 mo to Aug 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of software development, cloud management, and IT consulting services

It services
€1.61bnFY 2023-24
+13%2023–2024
2,500+154% vs previous recordrecorded
26 yr2000
636postings · last posted Sep 2026

Distributor of IT and mobility solutions

It resellers
₹13,833.38 crFY 2024-25
+25%2024–2025
948+10% 12 mo to Jan 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provider of security solutions and business support services

Facility management services
₹13,257.11 crFY 2024-25
+8%2024–2025
163,744+4% 12 mo to Mar 2024recorded Mar 2024
28 yr1998
10postings · last posted Sep 2026

Provider of end-to-end engineering, IT, and business solutions

Iot services
₹12,676.90 crFY 2024-25
+7%2024–2025
25,396-1% 12 mo to Jul 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months · last posted May 2026

Provider of IT consulting and BPO services

Digital transformation services
₹12,049.30 crFY 2023-24
+16%2023–2024
36,270+11% vs previous recordLinkedIn · Jul 2026
36 yr1990
12postings · last posted Sep 2026

Provider of IT suite, consulting, data analytics, and digital transformation services

Management consulting services
₹12,076.87 crFY 2024-25
+21%2024–2025
29,079LinkedIn · Jul 2026
36 yr1990
143postings · last posted Sep 2026

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 IT consulting and software development services

It services
₹10,228.40 crFY 2024-25
+17%2024–2025
4,881-3% 12 mo to Aug 2024recorded Aug 2024
40 yr1986
0none in 3 months

Provider of end-to-end supply chain services

Freight forwarders
₹10,028.88 crFY 2024-25
+8%2024–2025
501-4% 12 mo to Sep 2024LinkedIn · Jul 2026
31 yr1995
1postings · last posted Sep 2026
50 of 38,519 companies shown here · the full list is on Radar
Fliar Radar

Explore all 38,519 business services companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open business services in India on Radar
  • Every company, not just 50All 38,519 business services companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore business services companies in India by what you are looking for

From IT services and marketing agencies to HR consulting and facility management, this page organizes business services companies in India by what they do, whether you're after business consulting services or business solutions for small businesses. Browse further by startups, hiring companies, and publicly listed business services companies.

9 ways to explore business services in India

IT services & software companiesMarketing, advertising & PR agenciesHR, staffing & recruitment companiesManagement & strategy consulting firmsFacility management & security servicesLegal & compliance services firms

IT services & software companies

Companies providing IT services, application development, and software development for enterprises.

  1. Infosys

    Provider of digital marketing, data analytics, and IT services

    It services
    See in list
  2. L&T Infotech

    IT Services and Solutions provider

    It services
    See in list
  3. NTT DATA

    Provider of software development, cloud management, and IT consulting services

    It services
    See in list
  4. Bosch Global Software Technologies

    Provider of end-to-end engineering, IT, and business solutions

    Iot services
    See in list
  5. Sonata

    Provider of IT consulting and software development services

    It services
    See in list

Marketing, advertising & PR agencies

Agencies offering digital marketing, advertising, branding, and public relations services.

  1. Brightcom Group

    Provider of digital marketing services

    Marketing services
    See in list
  2. Times OOH

    Outdoor advertising network

    Marketing services
    Website
  3. Prachar

    Provider of advertising services

    Marketing services
    Website
  4. PHN Technology

    Provider of STEM education solutions for schools and colleges

    It services
    Website
  5. Concept PR

    Provider of PR and influencer marketing services

    Marketing services
    Website

HR, staffing & recruitment companies

Companies providing recruitment, staffing, and human resources consulting services.

  1. Randstad RiseSmart

    Provider of career development and HR consulting services

    Hr services
    See in list
  2. TeamLease

    Provider of recruitment services for entry-level and blue-collar job seekers

    Hr services
    See in list
  3. First Meridian

    Provider of business consulting and staffing services

    Management consulting services
    See in list
  4. CIEL HR

    Provider of HR management, recruitment and staffing services

    Hr services
    Website
  5. Spectrum Talent Management

    Provider of HR consulting services

    Bpo services
    Website

Management & strategy consulting firms

Firms offering business strategy, management consulting, and advisory services.

  1. Persistent

    Provider of IT suite, consulting, data analytics, and digital transformation services

    Management consulting services
    See in list
  2. First Meridian

    Provider of business consulting and staffing services

    Management consulting services
    See in list
  3. Altilium

    Provider of consulting and business advisory solutions within the Indian power sector

    Management consulting services
    Website
  4. Green Fortune Communications

    Provider of business training and consulting services

    Management consulting services
    Website
  5. Maharaja Exim

    Provider of consulting and strategy advisory services

    Management consulting services
    Website

Facility management & security services

Companies providing facility management, physical security, and maintenance services for businesses.

  1. Security and Intelligence Services

    Provider of security solutions and business support services

    Facility management services
    See in list
  2. Bluspring

    Provider of integrated infrastructure services

    Facility management services
    See in list
  3. BVG India

    Provider of integrated facility management, emergency response, waste management, and renewable energy solutions

    Facility management services
    See in list
  4. UDS

    Provider of diversified facility management services

    Facility management services
    Website
  5. RULKA ELECTRICALS

    Provider of commercial electrical services

    Facility management services
    Website

Business services startups in India

Recently founded business services companies in India.

  1. Kyndryl

    Provider of mobile application development, data management, and cloud services

    It services
    See in list
  2. Bluspring

    Provider of integrated infrastructure services

    Facility management services
    See in list
  3. Green Fortune Communications

    Provider of business training and consulting services

    Management consulting services
    Website
  4. WAISL

    Provider of digital transformation solutions across industries, focusing on operational efficiency

    Digital transformation services
    Website
  5. Startup CA

    Provider of online business registration and compliance services

    Grc services
    Website
4131 companies in India

Business services companies hiring in India

Business services companies that are actively hiring.

  1. Infosys BPM

    Provider of diversified BPO services

    Bpo services
    See in list
  2. Kyndryl

    Provider of mobile application development, data management, and cloud services

    It services
    See in list
  3. LTIMindtree

    Provider of IT and consulting services

    It services
    See in list
  4. NTT DATA

    Provider of software development, cloud management, and IT consulting services

    It services
    See in list
  5. Security and Intelligence Services

    Provider of security solutions and business support services

    Facility management services
    See in list
65 companies in India

Publicly listed business services companies

Business services companies that are publicly listed on stock exchanges.

  1. TCS

    Provider of business solution, data analytics, and IT suite services

    It services
    See in list
  2. Infosys

    Provider of digital marketing, data analytics, and IT services

    It services
    See in list
  3. Kyndryl

    Provider of mobile application development, data management, and cloud services

    It services
    See in list
  4. HCL Technologies

    Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services

    It services
    See in list
  5. Redington

    Provider of business process management, financial and logistics services

    It services
    See in list
355 companies in India
Mobile reach

Top 10 business services apps from India

The most-installed Android apps published by business services companies headquartered in India — 6808.0M installs between them. 1,627 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Android System Intelligence

by air excel

Installs6583.6M
Rating4.13430K ratings
Installs, year on year+52%
Last updatedMay 2026
View on Google Play ↗
Android System Intelligence screenshot 1Android System Intelligence screenshot 2Android System Intelligence screenshot 3Android System Intelligence screenshot 4Android System Intelligence screenshot 5
2

AppLock - Fingerprint

by SP Soft Mobile

Installs90.3M
Rating4.34965K ratings
Installs, year on year+7%
Last updatedFeb 2025
View on Google Play ↗
AppLock - Fingerprint screenshot 1AppLock - Fingerprint screenshot 2AppLock - Fingerprint screenshot 3AppLock - Fingerprint screenshot 4AppLock - Fingerprint screenshot 5
4

2026 Calendar

by Nithra Apps

Installs20.9M
Rating4.36231K ratings
Last updatedMay 2026
View on Google Play ↗
2026 Calendar screenshot 12026 Calendar screenshot 22026 Calendar screenshot 32026 Calendar screenshot 42026 Calendar screenshot 52026 Calendar screenshot 6
5

Live Mobile Number Tracker

by Zinn App Studio

Installs20.2M
Rating2.8822K ratings
Installs, year on year+6%
Last updatedMay 2026
View on Google Play ↗
Live Mobile Number Tracker screenshot 1Live Mobile Number Tracker screenshot 2Live Mobile Number Tracker screenshot 3Live Mobile Number Tracker screenshot 4Live Mobile Number Tracker screenshot 5Live Mobile Number Tracker screenshot 6
6

My Android

by InnovationM

Installs14.5M
Rating4.35131K ratings
Installs, year on year+7%
Last updatedOct 2025
View on Google Play ↗
My Android screenshot 1My Android screenshot 2My Android screenshot 3My Android screenshot 4My Android screenshot 5My Android screenshot 6
7

CPU X - Device & System info

by Adalve

Installs12.2M
Rating4.69264K ratings
Installs, year on year+20%
Last updatedMay 2026
View on Google Play ↗
CPU X - Device & System info screenshot 1CPU X - Device & System info screenshot 2CPU X - Device & System info screenshot 3CPU X - Device & System info screenshot 4CPU X - Device & System info screenshot 5CPU X - Device & System info screenshot 6
8

Unit Converter

by Digit Grove

Installs10.7M
Rating4.53187K ratings
Installs, year on year+10%
Last updatedFeb 2026
View on Google Play ↗
Unit Converter screenshot 1Unit Converter screenshot 2Unit Converter screenshot 3Unit Converter screenshot 4Unit Converter screenshot 5Unit Converter screenshot 6
9

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
10

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
The business behind the activity

Business services financials in India

Revenue, profit and growth from the filed annual accounts of 9721 business services companies in India for FY24-25 — 11,439 of the 38,519 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 47% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,131,485.19 cr

9721 companies filing accounts

combined net profit₹137,421.76 cr

12.1% aggregate margin

are profitable78%

7587 of 9721 companies

median revenue~₹5.9 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five47%

revenue concentration

Six-year view

Combined revenue of filing companies

₹662,253.58 crFY19-208151 filers
₹657,817.03 crFY20-218789 filers
₹794,705.23 crFY21-229334 filers
₹948,912.71 crFY22-239728 filers
₹1,060,352.68 crFY23-2410007 filers
₹1,131,485.19 crFY24-259721 filers

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

Like-for-like

The same 8697 companies over three years

+19%
FY22-23₹912,083.99 cr₹115,081.01 cr net
FY23-24₹987,939.30 cr₹126,866.52 cr net
FY24-25₹1,085,691.69 cr₹135,958.43 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 cr240250% profitable
₹1–10 cr338981% profitable
₹10–100 cr313392% profitable
₹100–1,000 cr71995% profitable
Over ₹1,000 cr7897% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking2827
0–20%2466
20–50%1971
50–100%992
Doubled+1061

9317 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

7587profitable
2118loss-making
12.1%aggregate margin
2.6%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
Thinktank EngineeringTHINKTANK ENGINEERING PRIVATE LIMITED+996%₹22.03 cr
QuatrroQUATRRO GLOBAL SERVICES PRIVATE LIMITED+957%₹13.02 cr
CyberforceCYBERFORCE DIGITAL PRIVATE LIMITED+801%₹13.02 cr
Future TechnologyFUTURE TECHNOLOGY INDIA PRIVATE LIMITED+795%
Spatium OfficesSPATIUM OFFICES PRIVATE LIMITED+782%₹18.07 cr
Altair InfrasecALTAIR INFRASEC PRIVATE LIMITED+770%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NuSummitDEXIT GLOBAL LIMITED236.1%
DefteamDEFTEAM SOLUTIONS PRIVATE LIMITED100.0%₹10.84 cr
Twigz CLoudTWIGZ TECHNOLOGIES PRIVATE LIMITED87.4%
LissenGREAT PLACE RESEARCH AND CONSULTANCY PRIVATE LIMITED82.2%
Ajanma HoldingsAJANMA HOLDINGS PRIVATE LIMITED₹473.63 cr
Mogae MediaMOGAE MEDIA PRIVATE LIMITED81.6%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services2530₹682,829.52 cr~₹8.9 cr83%16.3%
Bpo services355₹89,562.61 cr~₹7.3 cr74%5.1%
Facility management services705₹50,013.70 cr~₹14.7 cr87%3.3%
Hr services1058₹34,654.15 cr~₹3.7 cr76%1.8%
Management consulting services726₹30,547.07 cr~₹2.5 cr74%7.8%
It resellers130₹28,682.21 cr~₹21.4 cr87%1.7%
Marketing services1055₹25,246.56 cr~₹4.9 cr78%4.5%
Engineering consulting158₹21,611.47 cr~₹8.4 cr85%11.1%
Leaders

Largest business services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
TCSTATA CONSULTANCY SERVICES LIMITED₹224,495.00 cr₹48,057.00 cr21.4%+7%
InfosysINFOSYS LIMITED₹141,374.00 cr₹25,568.00 cr18.1%+4%
WiproWIPRO LIMITED₹71,152.60 cr₹10,792.40 cr15.2%+2%
HCL TechnologiesHCL TECHNOLOGIES LIMITED₹52,339.00 cr₹12,266.00 cr23.4%+6%
Tech MahindraTECH MAHINDRA LIMITED₹45,950.20 cr₹3,506.10 cr7.6%+5%
L&T InfotechLTIMINDTREE LIMITED₹37,656.30 cr₹4,446.50 cr11.8%+8%
SavexSAVEX TECHNOLOGIES PRIVATE LIMITED₹26,671.64 cr₹82.82 cr0.3%-1%
QuessQuess Corp Limited₹13,917.88 cr₹120.12 cr0.9%+14%
RP techRashi Peripherals Limited₹13,317.29 cr₹202.63 cr1.5%+24%
Bosch Global Software TechnologiesBOSCH GLOBAL SOFTWARE TECHNOLOGIES PRIVATE LIMITED₹12,676.90 cr₹1,378.90 cr10.9%+7%
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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.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full business services landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the business services landscape of India
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 India 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, India374

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

338Acquisition
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.

Business services funding in India

458 business services companies in India have recorded equity funding, US$5.65bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind business services companies in India. 8,735 of 38,519 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India business services companies by sub-sector

The most common specialisations among business services companies in India. 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.

Coming soon