Company lists
The Madhya Pradesh edition · 2026

Business servicescompanies in Madhya Pradesh

IT services, marketing, HR & BPO, AI & emerging tech, consulting & legal and more: the companies building business services in Madhya Pradesh, with their founders, funding, team size and business models.

1,024 company profiles169 with reported revenue5 with recorded fundingSeptember 2026 edition
Madhya Pradesh · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent business services business events in Madhya Pradesh

Funding, M&A, contract wins and launches involving 1,091 business services companies in Madhya Pradesh, last 24 months: 5 M&A deals · 2 funding rounds · 1 Contract · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Dec 2025.

M&AAcquisition · Completed

Brown & brown acquires Accession

Brown & Brown acquired Accession in a $9.83 billion deal.

M&AAcquisition · Announced

Arbutus acquires Aub group

AUB Group has received a bid from Arbutus (an entity affiliated with EQT AB) (EQT) to acquire 100% of the company, the broker said in a stock exchange announcement.

M&AAcquisition

Brown & brown acquires Accession

However, rising interest rates have slowed some acquirers, leading to increased discipline in acquisition strategies. Despite the reduction in buyers following the sale of NFP to AON…

M&AAcquisition · Announced

GenXAI acquires SoftGrid Computers

GenXAI, a leading AI-powered Enterprise Performance Management (EPM) solution provider, has recently announced the acquisition of SoftGrid Computers Pvt. Ltd., a leader in application…

Application development and web design
M&AMerger · Announced

Aker arctic acquires Bluetech

Aker Arctic, an industry leader for the design of icebreakers and ice-class vessels, has announced it is merging with its long-time ship design partner Bluetech, also from Finland.

Ship design
ContractInfrastructure

Infobeans technologies limited · client: M.P. State Electronics Development Corporation Ltd

Infobeans Technologies Limited, engaged in AI-led design and software solutions for enterprise clients, has secured a domestic contract from M.P. State Electronics Development…

Infrastructure
FundingRights Issue

Sylph technologies

The move is expected to help Sylph Technologies raise funds directly from its existing shareholders and strengthen its equity base.

Investors Shareholders
FundingUnknown

Mbg Card

MBG Card, an India-based SaaS company that provides a digital solutions for SMEs, has secured INR 2.72 crore in funding.

Investors Inflection point ventures, Velocity Revenue-Based Financing, Klub Revenue-Based Financing
Digital Solutions
LaunchDynamics 365 Business Central

Beyond Key

Beyond Key’s advanced Dynamics 365 Business Central services.

ERP

Business services companies in Madhya Pradesh, by revenue

Browse business services companies in Madhya Pradesh 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 169 business services companies in Madhya Pradesh 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 HR consulting and payroll management services

Hr services
₹417.70 crFY 2024-25
+12%2024–2025
20,050+11% 12 mo to Jan 2024recorded Jan 2024
21 yr2005
0none in 3 months

Software Services Company

It services
₹409.46 crFY 2024-25
+7%2024–2025
1,380+1% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
71postings · last posted Sep 2026

Provider of enterprise resource planning software and information technology services

Digital transformation services
₹276.53 crFY 2024-25
+19%2024–2025
453-22% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
19postings · last posted Aug 2026

Food and beverage manufacturing company

Management consulting services
₹192.15 crFY 2024-25
+51%2024–2025
—Not available
19 yr2007
0none in 3 months

Provider of telemarketing services

Marketing services
₹154.08 crFY 2024-25
+27%2024–2025
2,656+0% 12 mo to Dec 2022LinkedIn · Jul 2026
6 yr2020
1postings · last posted Jul 2026

Provider of business process outsourcing services specializing in support service solutions

Bpo services
₹138.54 crFY 2024-25
+8%2024–2025
2,500recorded
21 yr2005
0none in 3 months

Custom application development and domain registration services

It services
₹121.38 crFY 2021-22
+7065%2021–2022
—Not available
12 yr2014
0none in 3 months

Provider of manpower recruitment, outsourcing, payroll processing, and statutory compliance services

Hr services
₹132.85 crFY 2024-25
+39%2024–2025
14LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of security and facility management services

Facility management services
₹130.86 crFY 2024-25
+8%2024–2025
104LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of commercial security services

Facility management services
₹109.75 crFY 2024-25
+11%2024–2025
—Not available
20 yr2006
0none in 3 months

Provider of HR consulting services

Hr services
₹105.50 crFY 2024-25
+314%2024–2025
291LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of commercial offset printing and pre-press services

Print services
₹78.92 crFY 2021-22
Not reported
39-18% 12 mo to Sep 2024LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Provider of mobile & web managed IT Services

It services
₹86.53 crFY 2024-25
+11%2024–2025
372+18% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
2postings · last posted Aug 2026

Provider of AI data annotation services

Services for government
₹79.41 crFY 2024-25
+21%2024–2025
624-91% 12 mo to Nov 2023LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Cyber security solutions company

It services
₹62.97 crFY 2024-25
+29%2024–2025
98+18% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Apr 2026

Provider of IT support services

It support services
₹55.30 crFY 2021-22
Not reported
133LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provides aerial photography & surveying services using drones

Drones
₹56.69 crFY 2024-25
+69%2024–2025
12LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of healthcare, AI/ML operations, and end to end HR services

Bpo services
₹50.72 crFY 2024-25
-3%2024–2025
970-8% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
14postings · last posted Sep 2026

Blockchain-based solutions and service provider

Blockchain services
₹47.68 crFY 2024-25
-7%2024–2025
175-50% vs previous recordrecorded
9 yr2017
15postings · last posted Sep 2026

Provider of IT services and consulting with a personalized workflow system for creative masters

It services
₹45.26 crFY 2024-25
+6%2024–2025
65+1% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of pharmaceutical and food analysis laboratory services

Manufacturing services
₹41.85 crFY 2024-25
+14%2024–2025
175recorded
44 yr1982
0none in 3 months

Web development and IT outsourcing services

It services
₹40.00 crFY 2024-25
-5%2024–2025
155+19% 12 mo to Jul 2024recorded Jul 2024
23 yr2003
5postings · last posted Aug 2026

Provider of digital, large format, security, and other printing services

Print services
₹37.72 crFY 2024-25
-13%2024–2025
326+10% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Technology solutions provider that offers video surveillance, storage, and networking equipment solutions to clients

Physical security services
₹35.64 crFY 2024-25
+58%2024–2025
—Not available
11 yr2015
0none in 3 months

Provider of HR consulting services

Management consulting services
₹34.71 crFY 2024-25
+32%2024–2025
77+344% vs previous recordLinkedIn · Jul 2026
27 yr1999
1postings · last posted Jul 2026
50 of 1,024 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,024 business services companies in Madhya Pradesh on Radar

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

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  • Every company, not just 50All 1,024 business services companies in Madhya Pradesh, 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 Madhya Pradesh by what you are looking for

Browse business services companies in Madhya Pradesh, from IT and BPO providers to marketing, HR and facility management firms. You can also see business services startups in Madhya Pradesh, listed companies and who is hiring.

9 ways to explore business services in Madhya Pradesh

IT services & software development companiesMarketing, advertising & digital marketing agenciesHR, staffing & BPO companiesAI, IoT & blockchain development companiesManagement consulting, legal & compliance servicesFacility management & security services

IT services & software development companies

Software, application development and IT outsourcing providers.

  1. InfoBeans

    Software Services Company

    It services
    See in list
  2. XtraNet Technologies

    Provider of enterprise resource planning software and information technology services

    Digital transformation services
    See in list
  3. Verto India

    Custom application development and domain registration services

    It services
    See in list
  4. Beyond Key Systems

    Provider of mobile & web managed IT Services

    It services
    See in list
  5. MDP Infra

    Provider of IT support services

    It support services
    See in list

Marketing, advertising & digital marketing agencies

Advertising, branding, SEO and full-service marketing agencies.

  1. Vijay Printing Press

    Provider of fine designing, advertising, and printing solutions

    Print services
    Website
  2. Advantal Technologies

    Provider of custom software product engineering and IT solutions

    It services
    See in list
  3. Madhya Advertising

    Provider of advertising, branding, SMM, and other services

    Marketing services
    Website
  4. MBG Card

    Provider of multi-channel business automation, messaging, web design, and marketing

    Marketing services
    Website
  5. Adymize

    Provider of digital marketing and web development services. These services encompass strategic marketing, social media management, search engine optimization, creative design, technical solutions, and automation services. They also offer paid advertising campaigns across platforms like Facebook and Google, along with website development and landing page creation. The company assists clients in planning growth strategies, project management, and achieving profitable outcomes. A focus is placed on efficient processes and accurate reporting.

    Marketing services
    Website

HR, staffing & BPO companies

Recruitment, payroll, manpower and business process outsourcing firms.

  1. Primeone

    Provider of HR consulting and payroll management services

    Hr services
    See in list
  2. NSB BPO Solutions

    Provider of business process outsourcing services specializing in support service solutions

    Bpo services
    See in list
  3. Ace Man Powers

    Provider of manpower recruitment, outsourcing, payroll processing, and statutory compliance services

    Hr services
    See in list
  4. Mosaic

    Provider of HR consulting services

    Hr services
    See in list
  5. Annova Solutions

    Provider of healthcare, AI/ML operations, and end to end HR services

    Bpo services
    See in list
109 companies in Madhya PradeshAll 1,856 hr services companies in India →

AI, IoT & blockchain development companies

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

  1. We Win

    Provider of AI data annotation services

    Services for government
    See in list
  2. deqode

    Blockchain-based solutions and service provider

    Blockchain services
    See in list
  3. Scientech

    Manufacturer of test and measurement instruments, data loggers, and training solutions

    Electronic test equipment
    See in list
  4. Advantal Technologies

    Provider of custom software product engineering and IT solutions

    It services
    See in list
  5. JC Ventures

    Provider of diversified AI services

    Ai services
    See in list
85 companies in Madhya PradeshAll 1,001 ai services companies in India →

Management consulting, legal & compliance services

Consulting, engineering advisory, legal and compliance firms.

  1. Choksi Laboratories

    Provider of pharmaceutical and food analysis laboratory services

    Manufacturing services
    See in list
  2. Ashkom Media India

    Provider of HR consulting services

    Management consulting services
    See in list
  3. Infinite Solutions

    Provider of sustainability and climate change advisory and project development

    Environment consultancy services
    See in list
  4. Ecofav Services Private Limited

    Organization that provides advisory, technical, and assurance services to clients

    Management consulting services
    Website
  5. AVYS

    Consulting organization specializing in highways, bridges, airports, buildings, and urban infrastructure development

    Engineering consulting
    Website

Facility management & security services

Housekeeping, security guard and facility management providers.

  1. Balaji Grup

    Provider of security and facility management services

    Facility management services
    See in list
  2. Isha Protectional Security Guard

    Provider of commercial security services

    Facility management services
    See in list
  3. Shivoham Bundelkhand Security and Labour Services

    Provider of security and facility management services

    Facility management services
    See in list
  4. Oorja Technical

    Provider of electrical services

    Facility management services
    See in list
  5. Kratika Workforce Security Services

    Provider of security services

    Facility management services
    See in list

Business services startups in Madhya Pradesh

Recently founded business services companies in Madhya Pradesh.

  1. TechnoDuxx

    Technology services company that specializes in custom software development, product design, and quality assurance

    It services
    See in list
  2. RTBAnalytica

    Provider of data analytics and advertising services

    Marketing services
    Website
  3. GOLDEN RATIO IT SOLUTIONS

    Provider of surveillance systems

    Physical security services
    Website
  4. Aurx

    Provider of application development, DevOps, and other services

    It services
    Website
  5. TraceNcode

    Provider of diversified application development services

    It services
    Website
90 companies in Madhya Pradesh

Business services companies hiring in Madhya Pradesh

Madhya Pradesh business services companies with open roles.

  1. InfoBeans

    Software Services Company

    It services
    See in list
  2. XtraNet Technologies

    Provider of enterprise resource planning software and information technology services

    Digital transformation services
    See in list
  3. Technotask Business Solution

    Provider of telemarketing services

    Marketing services
    See in list
  4. Beyond Key Systems

    Provider of mobile & web managed IT Services

    It services
    See in list
  5. Vibs Infosol

    Cyber security solutions company

    It services
    See in list
44 companies in Madhya Pradesh

Listed business services companies in Madhya Pradesh

Publicly listed business services companies in Madhya Pradesh.

  1. InfoBeans

    Software Services Company

    It services
    See in list
  2. NSB BPO Solutions

    Provider of business process outsourcing services specializing in support service solutions

    Bpo services
    See in list
  3. We Win

    Provider of AI data annotation services

    Services for government
    See in list
  4. Choksi Laboratories

    Provider of pharmaceutical and food analysis laboratory services

    Manufacturing services
    See in list
  5. Uniinfo Telecom

    Provider of system integration services

    Bpo services
    See in list
7 companies in Madhya Pradesh
Mobile reach

Top 10 business services apps from Madhya Pradesh

The most-installed Android apps published by business services companies headquartered in Madhya Pradesh — 262K installs between them. 48 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Ares Launcher -Themes Launcher

by Apptech

Installs119K
Rating4.332K ratings
Last updatedAug 2025
View on Google Play ↗
Ares Launcher -Themes Launcher screenshot 1Ares Launcher -Themes Launcher screenshot 2Ares Launcher -Themes Launcher screenshot 3Ares Launcher -Themes Launcher screenshot 4Ares Launcher -Themes Launcher screenshot 5Ares Launcher -Themes Launcher screenshot 6
6

NAV Tracker

by eLEOPARD

Installs10K
Rating—
Last updatedMay 2026
View on Google Play ↗
NAV Tracker screenshot 1NAV Tracker screenshot 2NAV Tracker screenshot 3NAV Tracker screenshot 4NAV Tracker screenshot 5NAV Tracker screenshot 6
9

Attendance Management

by e-planet

Installs8K
Rating—
Last updatedSep 2023
View on Google Play ↗
Attendance Management screenshot 1Attendance Management screenshot 2Attendance Management screenshot 3Attendance Management screenshot 4Attendance Management screenshot 5
The business behind the activity

Business services financials in Madhya Pradesh

Revenue, profit and growth from the filed annual accounts of 173 business services companies in Madhya Pradesh for FY24-25 — 196 of the 1,024 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 40% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹3,276.80 cr

173 companies filing accounts

combined net profit₹191.48 cr

5.8% aggregate margin

are profitable84%

146 of 173 companies

median revenue~₹3.3 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five40%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,610.37 crFY19-20121 filers
₹1,695.15 crFY20-21140 filers
₹2,017.58 crFY21-22151 filers
₹2,519.43 crFY22-23162 filers
₹2,831.89 crFY23-24172 filers
₹3,276.80 crFY24-25173 filers

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

Like-for-like

The same 146 companies over three years

+31%
FY22-23₹2,469.48 cr₹118.60 cr net
FY23-24₹2,791.62 cr₹132.81 cr net
FY24-25₹3,223.27 cr₹196.77 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 cr5565% profitable
₹1–10 cr7492% profitable
₹10–100 cr3494% profitable
₹100–1,000 cr10100% 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

Shrinking44
0–20%48
20–50%26
50–100%18
Doubled+24

160 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

146profitable
25loss-making
5.8%aggregate margin
2.3%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
MosaicMOSAIC WORKSKILLS PRIVATE LIMITED+314%₹105.50 cr
TechnoDuxxTECHNODUXX PRIVATE LIMITED
Personnel Staffing SolutionsPERSONNEL STAFFING SOLUTIONS PRIVATE LIMITED
Yolax InfranergyYOLAX INFRANERGY PRIVATE LIMITED+69%₹56.69 cr
Urja FacilitiesURJA FACILITY MANAGEMENT SERVICES PRIVATE LIMITED
ServiusSERVIUS INFOTECH PRIVATE LIMITED+58%₹35.64 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
VinfotechVISCUS INFOTECH LIMITED
Beyond Key SystemsBEYOND KEY SYSTEMS PRIVATE LIMITED26.2%₹86.53 cr
Advantal TechnologiesADVANTAL TECHNOLOGIES LIMITED
InfoBeansINFOBEANS TECHNOLOGIES LIMITED16.4%₹285.93 cr
47BillionFOURTY SEVEN BILLION INFORMATION TECHNOLOGIES PRIVATE LIMITED
TechnoDuxxTECHNODUXX PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services45₹749.54 cr~₹4.4 cr91%13.5%
Hr services14₹687.81 cr~₹1.7 cr100%2.0%
Facility management services15₹318.85 cr~₹4.1 cr87%2.2%
Digital transformation services5₹284.83 cr~₹5.0 cr80%9.8%
Management consulting services6₹266.66 cr~₹18.1 cr83%2.4%
Bpo services10₹246.25 cr~₹6.7 cr70%3.8%
Physical security services6₹88.12 cr~₹9.5 cr67%1.1%
Marketing services20₹46.12 cr~₹2.1 cr75%1.2%
Leaders

Largest business services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
PrimeonePRIMEONE WORK FORCE PRIVATE LIMITED₹417.70 cr0.7%+12%
InfoBeansINFOBEANS TECHNOLOGIES LIMITED₹285.93 cr₹46.97 cr16.4%+18%
XtraNet TechnologiesXTRANET TECHNOLOGIES LIMITED₹254.85 cr₹27.50 cr10.8%+12%
Seshsayi FoodsSESHSAYI FOODS PRIVATE LIMITED₹192.15 cr₹4.52 cr2.4%+51%
Technotask Business Solutions, Technotask Business SolutionTECHNOTASK BUSINESS SOLUTIONS PRIVATE LIMITED₹154.08 cr₹11.22 cr7.3%+27%
NSB BPO SolutionsNSB BPO SOLUTIONS LIMITED₹138.54 cr₹8.54 cr6.2%+8%
Ace Man PowersACE INFOTEXIS PRIVATE LIMITED₹132.85 cr1.7%+39%
Balaji GrupBALAJI SECURITY SERVICES PRIVATE LIMITED₹130.82 cr₹3.03 cr2.3%+8%
Isha Protectional Security GuardISHA PROTECTIONAL SECURITY GUARD PRIVATE LIMITED₹109.75 cr₹1.71 cr1.6%+11%
MosaicMOSAIC WORKSKILLS PRIVATE LIMITED₹105.50 cr7.1%+314%
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 Madhya Pradesh 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, Madhya Pradesh5

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 Madhya Pradesh

4Acquisition
1Merger

Most active acquirers

  1. Brown & brown2
  2. Arbutus1
  3. GenXAI1
  4. Aker arctic1

Most acquired or merged

  1. Accession2
  2. Aub group1
  3. SoftGrid Computers1
  4. Bluetech1

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

Business services funding in Madhya Pradesh

5 business services companies in Madhya Pradesh have recorded equity funding, US$20.36m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Madhya Pradesh

Meet the people behind business services companies in Madhya Pradesh. 148 of 1,024 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Madhya Pradesh business services companies by sub-sector

The most common specialisations among business services companies in Madhya Pradesh. 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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