Company lists
The Mumbai edition · 2026

Business servicescompanies in Mumbai

Marketing, it-services, consulting-legal, hr, bpo-facility and more: the companies building business services in Mumbai, Maharashtra, with their founders, funding, team size and business models.

5,280 company profiles1,239 with reported revenue92 with recorded fundingSeptember 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent business services business events in Mumbai

Funding, M&A, contract wins and launches involving 5,710 business services companies in Mumbai, last 24 months: 175 Contracts · 92 M&A deals · 36 launches · 20 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
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
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

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
M&AAcquisition · Announced

Latice acquires Ami

Latice announced that it had entered into a final agreement with THL Partners to acquire AMI, a company specializing in platform firmware and infrastructure management for cloud and AI.

Platform firmware and infrastructure management for cloud and AI
M&AAcquisition · Announced

Tata communications limited acquires Clean Max Yuhdul Private Limited

Clean Max Enviro Energy Solutions Limited has approved the sale of 2,600 shares of its wholly owned subsidiary, Clean Max Yuhdul Private Limited, to Tata Communications Limited.

ContractInfrastructure

Dynacons Systems & Solutions · client: Reserve bank of india

Dynacons Systems & Solutions Ltd has secured a major contract from the Reserve Bank of India worth ₹750.82 crore for building private cloud infrastructure for its data centres.

Banking
ContractService

Dynacons Systems & Solutions · client: Punjab & sind bank

In February, Dynacons had secured a ₹108.88 crore contract from Punjab & Sind Bank for implementing and managing an on-premises private cloud infrastructure over five years.

Technology
M&AAcquisition · Announced

Empower india acquires MABIL

Empower India Ltd, a company listed on both the NSE and BSE, has announced the signing of a term sheet for the proposed acquisition of a majority stake in UAE-based MABIL.

FundingSeries A

Pratech brands

Pratech Brands Private Limited, the parent company of Hyugalife, has raised $10.6 million (~₹100 crore) from a Series A fundraise led by IvyCap Ventures Fund III, with participation from…

Investors IvyCap Ventures Fund III, First Bridge India Growth Fund
E-commerce, health and wellness
ContractOutsourcing

Krystal Integrated Services · client: Na

An associate entity of Krystal Integrated services has secured a ₹ 364 crore contract. The order is for facility management services. It involves large-scale deployment of services such…

Facility management services
M&AAcquisition · Completed

Airtrunk acquires Lumina cloudinfra

AirTrunk, the Asia Pacific and Middle East’s leading hyperscale data centre platform, has announced the acquisition of Indian data centre developer Lumina CloudInfra.

Data centers
ContractTechnology

Naver · client: Tata consultancy services

Seoul, April 21, 2026 Internet giant Naver said it has signed a memorandum of understanding (MOU) with the information technology (IT) arm of Tata Group to explore business opportunities…

Technology
LaunchKairos

Firstsource Solutions

Firstsource Solutions Limited has announced the launch of Kairos, an operating system it says is designed to convert artificial intelligence from promise to production by embedding it…

Operating System
ContractService

The good edge · client: Westlife

The Good Edge has secured the public relations and communications mandate for Westlife Foodworld Limited

Quick Service Restaurant
LaunchEVerito

Mahindra logistics

Mahindra Logistics (MLL), one of India’s largest 3PL solution providers, has introduced electric vehicles (EV) to its fleet of employee transportation vehicles in Kerala.

Employee Transportation Vehicle
M&AAcquisition · Completed

1point1 Solutions acquires Netcom BCC

Mumbai-based global BPM provider 1Point1 Solutions' March acquisition of Costa Rica-headquartered Netcom BCC reflects this trend

Banking-focused Business Process Management (BPM)
ContractTechnology

Tata consultancy services · client: Government of india

The central government has empanelled six partner firms, including Tata Consultancy Services (TCS), to develop and deploy artificial intelligence (AI) solutions across government…

AI services
ContractInfrastructure

Control print · client: Assam Industrial Development Corporation Limited (AIDC)

Control Print Ltd has announced a significant strategic expansion in Northeast India. The company has entered into lease agreements with Assam Industrial Development Corporation Limited…

Manufacturing
ContractGovernment

Tvs industrial & logistics parks · client: Government of karnataka

TVS Industrial & Logistics Parks (TVS ILP) has signed a ₹200 crore memorandum of understanding (MoU) with the Government of Karnataka to develop a network of tech-enabled industrial and…

Infrastructure
M&AAcquisition · Announced

Yaap Digital acquires Gozoop Online

Yaap Digital, digital content, marketing, and technology services company, has acquired a 60.2% stake in digital marketing firm Gozoop Online Private Limited for Rs 36.96 crore in cash,…

Digital marketing and brand solutions
ContractService

3i infotech · client: leading US credit union company

3i Infotech’s material wholly owned step-down subsidiary — 3i Infotech Inc., USA, has received a work order worth around Rs 1.26 crore (exclusive of applicable taxes) from a leading US…

ContractService

Experience commerce · client: Fiat Payments

Experience Commerce, a full-service digital marketing agency and part of the Cheil SWA Group, has secured the annual social media mandate for Fiat Payments Private Limited (FiatPe)…

Digital marketing
ContractTechnology

Mastek · client: UK Home Office

Mastek secured a $110 million engineering contract from the UK Home Office

M&AMerger · Announced

Crane Harbor Acquisition Corp. acquires Xanadu

Xanadu struck a deal to go public by merging with Crane Harbor Acquisition Corp., a special purpose acquisition company (SPAC), back in November.

Quantum computing
LaunchIntelligence That Operates

Firstsource Solutions

Firstsource Solutions has launched ‘Intelligence That Operates’, a full-stack, agent-first operating model aimed at designing, building and running AI-powered enterprise operations with…

Full‑stack, agent‑first operating model
M&AAcquisition · Announced

Le Lavoir acquires Travelwings Hospitalities

Meanwhile, Travelwings Hospitalities shall engage in leasing and operating three-star hotels and resorts, enabling Le Lavoir to support and strengthen the development of its laundry…

Hotel and Resort Operations
M&AAcquisition · Announced

Le Lavoir acquires Unigokuldham Hospitality

while Unigokuldham Hospitality shall engage in leasing and operating two-star hotels and resorts, which will also help Le Lavoir significantly support and strengthen the development of…

Hotel and Resort Operations
ContractService

Liqvd asia · client: Woodland

Liqvd Asia has been awarded the digital communications mandate for Woodland.

Marketing & Advertising
ContractService

Mastek · client: Home office

Mastek’s wholly-owned subsidiary — Mastek (UK) has secured an engineering contract with the Home Office, with an overall budget of circa 85 million pound /over $110 million.

Government

Business services companies in Mumbai, by revenue

Browse business services companies in Mumbai 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 1,239 business services companies in Mumbai, Maharashtra 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

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

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 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 business process management, data analytics, and IT support services

Bpo services
₹7,979.45 crFY 2024-25
+25%2024–2025
24,115+21% 12 mo to Mar 2024LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Provider of cloud, security, IT asset management, and other services

It services
₹6,791.08 crFY 2024-25
+19%2024–2025
364LinkedIn · Jul 2026
4 yr2022
12postings · last posted Sep 2026

Provider of managed IT services

It services
₹5,971.94 crFY 2024-25
+1394%2024–2025
443+9% 12 mo to Mar 2023recorded Mar 2023
40 yr1986
0none in 3 months

Provider of integrated supply chain and mobility solutions

Warehousing
₹5,144.14 crFY 2022-23
Not reported
8,289+2% 12 mo to Mar 2024LinkedIn · Jul 2026
17 yr2009
9postings · last posted Sep 2026

Distributor of hardware and software products

It resellers
₹4,223.95 crFY 2021-22
+13%2021–2022
2-99% 12 mo to Mar 2024recorded Mar 2024
39 yr1987
0none in 3 months

Provider of business consulting and staffing services

Management consulting services
₹4,478.27 crFY 2024-25
+21%2024–2025
27+38% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Provider of IT services for businesses

It services
₹3,477.51 crFY 2024-25
Not reported
2,050+21% 12 mo to Jul 2024recorded Jul 2024
44 yr1982
47postings · last posted Sep 2026

Provider of business processes, change management, analytics, and data-driven insights services

It services
₹3,452.39 crFY 2024-25
+15%2024–2025
20,313-3% 12 mo to Aug 2024LinkedIn · Jul 2026
26 yr2000
128postings · last posted Sep 2026

Provider of commercial electrical services

Facility management services
₹2,600.38 crFY 2024-25
+7%2024–2025
—Not available
22 yr2004
0none in 3 months

IT infrastructure and managed services provider

It services
₹1,412.17 crFY 2024-25
+16%2024–2025
578-0% 12 mo to Sep 2024recorded Sep 2024
32 yr1994
0none in 3 months

Provider of IT service suite solutions

It services
₹1,372.34 crFY 2024-25
Not reported
256+24% 12 mo to Sep 2024recorded Sep 2024
39 yr1987
0none in 3 months

Provider of IT infrastructure solutions and services

It services
₹1,273.93 crFY 2024-25
+24%2024–2025
4,437+5% 12 mo to Jul 2024recorded Jul 2024
31 yr1995
0none in 3 months

Provider of commercial cleaning, security, pest control, and other services

Facility management services
₹1,229.28 crFY 2024-25
+19%2024–2025
896LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of IT services and solutions

It services
₹1,212.38 crFY 2024-25
+271%2024–2025
11LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Provider of manpower planning, healthcare solutions, and IT/ITES services

It services
₹1,182.80 crFY 2024-25
+123%2024–2025
5,186+14% 12 mo to Sep 2024recorded Sep 2024
21 yr2005
0none in 3 months

Provider of customized security and integrated facilities management services

Facility management services
₹1,151.65 crFY 2024-25
Not reported
975LinkedIn · Jul 2026
42 yr1984
0none in 3 months · last posted Jun 2026

Provider of digitization, banking, financial, and other transformation services

Grc services
₹1,131.99 crFY 2024-25
+2%2024–2025
4,719-5% 12 mo to Sep 2024recorded Sep 2024
39 yr1987
2postings · last posted Jul 2026

Provider of engineering consultancy services

Engineering consulting
₹1,123.21 crFY 2024-25
+6%2024–2025
1LinkedIn · Jul 2026
44 yr1982
0none in 3 months
50 of 5,280 companies shown here · the full list is on Radar
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Explore all 5,280 business services companies in Mumbai on Radar

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

Open business services in Mumbai on Radar
  • Every company, not just 50All 5,280 business services companies in Mumbai, filterable by stage, funding, team size, revenue model and age.
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Explore business services companies in Mumbai by what you are looking for

Mumbai's business services companies span marketing agencies and IT services firms to legal, HR, and facility management providers, so use this page to find business services startups in Mumbai or business services companies hiring in Mumbai by what you actually need.

9 ways to explore business services in Mumbai

Marketing, advertising & event services companiesIT services & software development companiesConsulting, legal & compliance services companiesHR & staffing companiesBPO, facility management & security services companiesAI, IoT & emerging technology services companies

Marketing, advertising & event services companies

Agencies handling marketing campaigns, advertising, brand events, photography, and print services for businesses.

  1. Prachar

    Provider of advertising services

    Marketing services
    See in list
  2. Concept PR

    Provider of PR and influencer marketing services

    Marketing services
    Website
  3. Laqshya

    Provider of outdoor, experiential, and digital advertising solutions

    Marketing services
    Website
  4. Blink Digital

    Provider of advertising services

    Marketing services
    Website
  5. Signpost India

    Provider of digital out of home advertising services

    Marketing services
    Website

IT services & software development companies

Firms delivering IT services, digital transformation, ERP implementation, and software development for enterprise clients.

  1. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
  2. Firstsource

    Provider of business process management, data analytics, and IT support services

    Bpo services
    See in list
  3. Noventiq

    Provider of cloud, security, IT asset management, and other services

    It services
    See in list
  4. Compuage Infocom

    Distributor of hardware and software products

    It resellers
    See in list
  5. Geodesic

    Provider of software development and IT consulting services

    It services
    Website

HR & staffing companies

Providers of recruitment, staffing, payroll, and human resources management services for businesses.

  1. First Meridian

    Provider of business consulting and staffing services

    Management consulting services
    See in list
  2. S2IIL

    Provider of manpower planning, healthcare solutions, and IT/ITES services

    It services
    See in list
  3. T&M Services Consulting

    Provider of talent acquisition acceleration services for businesses

    Hr services
    See in list
  4. Futurz

    Provider of recruitment and learning management services

    Hr services
    See in list
  5. Lobo Staffing

    Provider of HR consulting services

    Hr services
    Website

BPO, facility management & security services companies

Outsourcing, facility management, and physical security service providers serving corporate campuses and offices.

  1. RULKA ELECTRICALS

    Provider of commercial electrical services

    Facility management services
    See in list
  2. Krystal Group

    Provider of commercial cleaning, security, pest control, and other services

    Facility management services
    See in list
  3. Modern Veer Rays Security Force

    Provider of customized security and integrated facilities management services

    Facility management services
    See in list
  4. NISA Group

    Provider of security services

    Facility management services
    Website
  5. L&T–MHI Power Boilers

    Provider of commercial electrical services

    Facility management services
    See in list

AI, IoT & emerging technology services companies

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

  1. Panache Digilife

    IoT devices manufacturing, distribution and services firm

    Iot services
    Website
  2. EVIO

    Provider of IoT services

    Manufacturing services
    Website
  3. Neebal

    Provider of Industrial IoT solutions and consulting services

    Digital transformation services
    Website
  4. Yodaplus

    Provider of technology solutions for financial, supply chain, and blockchain sectors

    Digital transformation services
    Website
  5. RapidQube

    Provider of business intelligence, data analytics and IT consulting services

    Blockchain services
    Website

Business services startups in Mumbai

Newer business services companies founded in the last five years across marketing, IT, legal, and HR.

  1. Hyperlink Brand Solutions

    Provider of brand solutions including experiential marketing, content, and event management

    Marketing services
    Website
  2. DSG RESORTS

    Provider of web hosting and affiliate marketing services

    It services
    Website
  3. Cascadestar3D

    Provider of 3D printing solutions for industrial, jewelry, and dental applications

    3d printing and 3d scanning services
    Website
  4. Tech Visit IT PRIVATE LIMITED

    Provider of backup, networking, and cyber security services

    It services
    Website
  5. Prodocssolution

    Provider of non-voice business process outsourcing services including indexing and imaging

    Bpo services
    Website
407 companies in Mumbai

Business services companies hiring in Mumbai

Business services firms in Mumbai that are actively hiring across IT, marketing, legal, and HR roles.

  1. LTIMindtree

    Provider of IT and consulting services

    It services
    See in list
  2. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
  3. Noventiq

    Provider of cloud, security, IT asset management, and other services

    It services
    See in list
  4. Mahindra Logistics

    Provider of integrated supply chain and mobility solutions

    Warehousing
    See in list
  5. First Meridian

    Provider of business consulting and staffing services

    Management consulting services
    See in list
63 companies in Mumbai

Publicly listed business services companies in Mumbai

Publicly traded business services companies headquartered in Mumbai, spanning IT, BPO, and consulting.

  1. TCS

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

    It services
    See in list
  2. L&T Infotech

    IT Services and Solutions provider

    It services
    See in list
  3. LTIMindtree

    Provider of IT and consulting services

    It services
    See in list
  4. RP tech

    Distributor of IT and mobility solutions

    It resellers
    See in list
  5. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
102 companies in Mumbai
Mobile reach

Top 10 business services apps from Mumbai

The most-installed Android apps published by business services companies headquartered in Mumbai — 2.3M installs between them. 182 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

StartUp Ideas : 1000+ ideas

by Softecks

Installs401K
Rating3.91K ratings
Installs, year on year+5%
Last updatedApr 2026
View on Google Play ↗
StartUp Ideas : 1000+ ideas screenshot 1StartUp Ideas : 1000+ ideas screenshot 2StartUp Ideas : 1000+ ideas screenshot 3StartUp Ideas : 1000+ ideas screenshot 4StartUp Ideas : 1000+ ideas screenshot 5StartUp Ideas : 1000+ ideas screenshot 6
6

Me Mathadi

by Avion

Installs166K
Rating—
Last updatedJul 2025
View on Google Play ↗
Me Mathadi screenshot 1Me Mathadi screenshot 2Me Mathadi screenshot 3Me Mathadi screenshot 4Me Mathadi screenshot 5Me Mathadi screenshot 6
7

Bunk Manager ( Attendance )

by Blackcurrant

Installs140K
Rating4.434K ratings
Installs, year on year+2%
Last updatedFeb 2015
View on Google Play ↗
Bunk Manager ( Attendance ) screenshot 1Bunk Manager ( Attendance ) screenshot 2Bunk Manager ( Attendance ) screenshot 3Bunk Manager ( Attendance ) screenshot 4Bunk Manager ( Attendance ) screenshot 5Bunk Manager ( Attendance ) screenshot 6
8

Milk Calendar

by Nextmegabyte

Installs132K
Rating—
Installs, year on year+28%
Last updatedApr 2026
View on Google Play ↗
Milk Calendar screenshot 1Milk Calendar screenshot 2Milk Calendar screenshot 3Milk Calendar screenshot 4Milk Calendar screenshot 5Milk Calendar screenshot 6
9

Microscan: Recharge & Support

by Spacecom

Installs121K
Rating—
Installs, year on year+22%
Last updatedApr 2026
View on Google Play ↗
Microscan: Recharge & Support screenshot 1Microscan: Recharge & Support screenshot 2Microscan: Recharge & Support screenshot 3Microscan: Recharge & Support screenshot 4Microscan: Recharge & Support screenshot 5Microscan: Recharge & Support screenshot 6
The business behind the activity

Business services financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 1153 business services companies in Mumbai, Maharashtra for FY24-25 — 1,348 of the 5,280 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 79% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹386,153.47 cr

1153 companies filing accounts

combined net profit₹58,396.01 cr

15.1% aggregate margin

are profitable82%

941 of 1153 companies

median revenue~₹11.8 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five79%

revenue concentration

Six-year view

Combined revenue of filing companies

₹204,469.38 crFY19-201026 filers
₹206,554.84 crFY20-211097 filers
₹264,452.91 crFY21-221141 filers
₹311,032.17 crFY22-231193 filers
₹367,202.71 crFY23-241214 filers
₹386,153.47 crFY24-251153 filers

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

Like-for-like

The same 1063 companies over three years

+20%
FY22-23₹297,925.58 cr₹45,717.14 cr net
FY23-24₹323,752.92 cr₹51,055.10 cr net
FY24-25₹356,201.12 cr₹58,153.14 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 cr20554% profitable
₹1–10 cr33180% profitable
₹10–100 cr44890% profitable
₹100–1,000 cr15297% profitable
Over ₹1,000 cr17100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking317
0–20%317
20–50%249
50–100%122
Doubled+116

1121 companies with accounts for both years; median growth +16%.

Profitability

Profit is concentrated at the top

941profitable
211loss-making
15.1%aggregate margin
3.4%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
Cogent SecurityCOGENT SAFETY AND SECURITY PRIVATE LIMITED₹36.48 cr
QssindiaQUALITY SERVICES AND SOLUTIONS PRIVATE LIMITED₹76.48 cr
VKS ProductVKS PRODUCT PRIVATE LIMITED+419%₹166.37 cr
ASTUNASTUN TECHNOLOGIES PRIVATE LIMITED+409%₹43.87 cr
SpiraeaQUANTUMX GLOBAL PRIVATE LIMITED
XCT SolutionsXCT SOLUTIONS PRIVATE LIMITED+328%₹26.26 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NuSummitDEXIT GLOBAL LIMITED236.1%
LissenGREAT PLACE RESEARCH AND CONSULTANCY PRIVATE LIMITED82.2%
Ajanma HoldingsAJANMA HOLDINGS PRIVATE LIMITED₹473.63 cr
BresconBRESCON VENTURES PRIVATE LIMITED₹72.82 cr
Protos EngineeringPROTOS ENGINEERING COMPANY PRIVATE LIMITED70.2%
InstalogicINSTALOGIC SOLUTIONS PRIVATE LIMITED52.9%₹43.89 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services268₹292,998.51 cr~₹17.8 cr87%18.5%
It resellers18₹15,229.71 cr~₹48.3 cr89%1.8%
Marketing services204₹9,246.74 cr~₹14.3 cr81%5.7%
Facility management services64₹9,012.39 cr~₹31.1 cr94%2.5%
Hr services135₹6,408.98 cr~₹7.3 cr76%1.9%
Bpo services41₹4,269.75 cr~₹19.0 cr71%12.8%
Management consulting services87₹2,670.76 cr~₹3.5 cr76%13.5%
Event management services42₹2,580.48 cr~₹11.9 cr88%6.6%
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%
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%
RP techRashi Peripherals Limited₹13,317.29 cr₹202.63 cr1.5%+24%
NoventiqNOVENTIQ SERVICES INDIA PRIVATE LIMITED₹4,550.89 cr₹12.65 cr0.3%+21%
eClerxECLERX SERVICES LIMITED₹2,495.35 cr₹359.50 cr14.4%+17%
FirstsourceFIRSTSOURCE SOLUTIONS LIMITED₹2,346.84 cr₹427.04 cr18.2%+43%
PentagonPENTAGON SYSTEM AND SERVICES PRIVATE LIMITED₹1,412.17 cr₹37.13 cr2.6%+16%
GalaxyGALAXY OFFICE AUTOMATION PVT LTD₹1,372.34 cr₹34.47 cr2.5%+82%
Dynacons System & SolutionsDYNACONS SYSTEMS AND SOLUTIONS LIMITED₹1,273.54 cr₹72.41 cr5.7%+24%
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.

Industry landscape report

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full business services landscape of Mumbai 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 Mumbai
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 Mumbai 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, Mumbai92

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 Mumbai

84Acquisition
7Merger
1Announced

Most active acquirers

  1. Hexaware technologies11
  2. Tata consultancy services8
  3. 1point1 Solutions6
  4. Orient technologies4
  5. Le Lavoir3

Most acquired or merged

  1. White rivers media3
  2. Arrka3
  3. Consulting Professionals Services Holdings Limited2
  4. Adlift2
  5. Sms integrated facility services2

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

Business services funding in Mumbai

92 business services companies in Mumbai have recorded equity funding, US$1.26bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind business services companies in Mumbai. 1,154 of 5,280 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai business services companies by sub-sector

The most common specialisations among business services companies in Mumbai. 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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