Company lists
The India edition · 2026

Digital transformation servicescompanies in India

IT services, consulting, ERP & CRM, AI & data, digital marketing and more: the companies building digital transformation services in India, with their founders, funding, team size and business models.

1,291 company profiles454 with reported revenue41 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent digital transformation services business events in India

Funding, M&A, contract wins and launches involving 1,396 digital transformation services companies in India, last 24 months: 84 M&A deals · 52 Contracts · 48 launches · 3 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
LaunchNexa Agentic Platform

Coforge

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

Insurance
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
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
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
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
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
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
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

Tech mahindra acquires Avant techno solutions

Tech Mahindra has acquired an 85% stake in Avant Techno Solutions for $20.59 million, strengthening its capabilities in banking, financial services and insurance (BFSI).

IT/FinTech
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…

ContractTechnology

Kellton · client: Na

Kellton, an AI-led digital transformation and enterprise technology consulting company, has secured a strategic mandate from a Fortune 500 conglomerate with a major presence in financial…

Financial Services
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
ContractTechnology

Tata technologies · client: global EV battery manufacturer

Engineering services major Tata Technologies has secured a major contract to design and develop batteries for a global EV battery manufacturer, the company reported today along with its…

Automotive
ContractService

Tata technologies · client: Vinfast

We've almost completed the development of the two electric vehicles that were outsourced to Tata Technologies on a turnkey basis, and our activities are now transitioning to launch support.

Automotive
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)
M&AAcquisition · Completed

Wipro Networks Pte. Ltd. acquires Mindsprint

Olam Group Limited has sold off its entire (100%) shareholding in Mindsprint Pte. Ltd. to Wipro Networks Pte. Ltd., a subsidiary of Wipro Limited for $375 million.

M&AAcquisition · Announced

Wipro acquires Mindsprint

India's AI-powered tech company Wipro is planning to buy Mindsprint, a tech unit of Olam Group, for S$375 million (about $291 million) in cash.

Tech
M&AAcquisition · Announced

Wipro Limited acquires Mindsprint

Wipro will also acquire Mindsprint, Olam’s IT and digital services arm

IT and digital services
M&AAcquisition · Announced

Wipro Networks acquires Mindsprint

Olam announced the sale of its entire 100% stake in Mindsprint Pte. Ltd. to Wipro Networks, expected to generate a gain of US$310.5 million (~S$399.1 million).

M&AAcquisition · Announced

Wipro acquires Mindsprint

Wipro has also signed a definitive agreement to acquire Mindsprint, Olam's IT and digital services subsidiary, for an enterprise value of $375 million.

IT and digital services
ContractTechnology

Wipro · client: Mindsprint

Wipro said it will acquire Olam Group's IT and digital services business, Mindsprint Pte. Ltd., for $375 million.

IT and Digital Services
ContractTechnology

Wipro Limited · client: Mindsprint

Wipro will acquire Mindsprint, Olam Group’s IT services arm, for $375 million in an all‑cash deal, as per the company's regulatory filing. The transaction is expected to be completed by…

IT services / technology
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…

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
FundingSeries B

Kaar technologies

We are pleased to announce that our client, Kaar Technologies India Private Limited (“KaarTech”), has raised Series B funding led by Playbook Partners (“Playbook”).

Investors Playbook Partners, A91
AI transformation
LaunchDevStudio.ai

Tata elxsi

Tata Elxsi launches DevStudio.ai, a multi-agent platform for generative AI that is ASPICE compliant and accelerates the development of automotive software.

Multi-agent platform for generative AI in automotive
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
M&AAcquisition · Completed

Happiest minds technologies acquires Gavs technologies

The IT services company has clarified that its acquisition was limited to GAVS Technologies' Middle East operations, involving three distinct entities across the region.

IT services
M&AAcquisition · Announced

1point1 Solutions acquires Netcom Business Contact Center S.A.

Mumbai: 1Point1 Solutions (1Point1), a provider of AI-driven business process management (BPM) solutions, has entered into a definitive share purchase agreement (SPA) to acquire Netcom…

BPM company

Digital transformation services companies in India, by revenue

Browse digital transformation 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 454 digital transformation 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 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

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 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 design, product development, and engineering services

Engineering consulting
₹5,292.58 crFY 2024-25
+1%2024–2025
10,188-7% 12 mo to Mar 2024recorded Mar 2024
37 yr1989
89postings · last posted Sep 2026

Provider of design and technology services across various industry verticals

It services
₹3,674.10 crFY 2023-24
+14%2023–2024
11,254+20% 12 mo to Dec 2023recorded Dec 2023
37 yr1989
61postings · last posted Sep 2026

Provider of IT suite solutions

It services
₹3,369.14 crFY 2024-25
+51%2024–2025
2,770+14% 12 mo to Sep 2024recorded Sep 2024
39 yr1987
54postings · last posted Sep 2026

Provider of IT suite services

It services
₹2,162.22 crFY 2024-25
+26%2024–2025
6,271-0% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
3postings · last posted Aug 2026

Provider of IT services for businesses

It services
₹1,866.73 crFY 2024-25
-6%2024–2025
5,687-7% 12 mo to Sep 2023LinkedIn · Jul 2026
27 yr1999
38postings · last posted Sep 2026

Provider of analytics and digital experience solutions suite for multiple industries

Digital transformation services
₹1,721.77 crFY 2024-25
-37%2024–2025
3,493-15% vs previous recordLinkedIn · Jul 2026
27 yr1999
74postings · last posted Sep 2026

Provider of enterprise IT solutions

Digital transformation services
₹1,211.13 crFY 2024-25
+127%2024–2025
942+38% 12 mo to Feb 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Provider of software development, ERP, and IT consulting services

It services
₹1,099.89 crFY 2024-25
+12%2024–2025
1,193-16% 12 mo to Aug 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of IT, cloud computing, managed security, and software development services

Digital transformation services
₹1,093.64 crFY 2024-25
+31%2024–2025
216LinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted May 2026

Provider of cloud technologies, artificial intelligence, data analytics, and other services

It services
₹970.45 crFY 2024-25
+8%2024–2025
375recorded
22 yr2004
15postings · last posted Sep 2026

Provider of digital transformation and IT suite services

It services
₹932.61 crFY 2024-25
+6%2024–2025
452+12% 12 mo to Jul 2024recorded Jul 2024
36 yr1990
2postings · last posted Sep 2026

Provides AI & web-based data sciences and analytic solutions

It services
₹916.78 crFY 2024-25
+28%2024–2025
1,700+14% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
5postings · last posted Aug 2026

Consulting firm specializing in digital transformation and SAP expertise

Erp services
₹725.93 crFY 2024-25
+57%2024–2025
2,842-91% vs previous recordLinkedIn · Jul 2026
21 yr2005
3postings · last posted Jul 2026

Provider of cybersecurity, data analytics, and AI services

It services
₹708.37 crFY 2024-25
+8%2024–2025
1,922-9% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
7postings · last posted Sep 2026

Provider of enterprise networking, data center, and IT infrastructure solutions

Digital transformation services
₹676.47 crFY 2024-25
+30%2024–2025
792+9% 12 mo to Sep 2024LinkedIn · Jul 2026
30 yr1996
5postings · last posted Sep 2026

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

Digital transformation services
₹622.45 crFY 2024-25
+17%2024–2025
619LinkedIn · Jul 2026
2 yr2024
0none in 3 months

Provider of cloud solutions, IT services, drone technology and digital transformation solutions

It services
₹601.42 crFY 2024-25
+4%2024–2025
150recorded
45 yr1981
6postings · last posted Sep 2026

Provider of IT and outsourcing services

It services
₹573.37 crFY 2023-24
+21%2023–2024
1,082+16% 12 mo to Jun 2023LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Provider of digital signature certificates, PKI, and e-signature solutions

Cybersecurity
₹527.84 crFY 2024-25
+39%2024–2025
934+17% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of IT infrastructure services

It services
₹514.85 crFY 2024-25
+29%2024–2025
718LinkedIn · Jul 2026
33 yr1993
0none in 3 months · last posted Jun 2026

Provider of IT suite services

Ai services
₹489.00 crFY 2024-25
Not reported
2,397LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jun 2026
50 of 1,291 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,291 digital transformation 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 digital transformation services in India on Radar
  • Every company, not just 50All 1,291 digital transformation 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.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore digital transformation services companies in India by what you are looking for

Browse top digital transformation companies in India, from large IT services firms to specialist ERP and AI consultancies. Find digital transformation services startups in India, listed companies and firms that are hiring.

9 ways to explore digital transformation services in India

IT services & software development companiesManagement & technology consulting firmsERP, Salesforce & business software implementationAI, data & automation services companiesDigital marketing & web services companiesBPO, customer experience & HR services

IT services & software development companies

IT consulting, software development and cloud migration providers.

  1. Tech Mahindra

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

    Bpo services
    See in list
  2. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
  3. Persistent

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

    Management consulting services
    See in list
  4. Tata Technologies

    Provider of design, product development, and engineering services

    Engineering consulting
    See in list
  5. Team Computers

    Provider of IT suite solutions

    It services
    See in list

Management & technology consulting firms

Strategy, IT advisory and business transformation consultants.

  1. Persistent

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

    Management consulting services
    See in list
  2. Tata Technologies

    Provider of design, product development, and engineering services

    Engineering consulting
    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. Sedin

    Provider of web & mobile app development, cloud infrastructure, BI, and other services

    It services
    Website
  5. Technosoft Engineering

    Provider of digital engineering & consulting, and product & manufacturing engineering services

    Engineering consulting
    Website

ERP, Salesforce & business software implementation

ERP, CRM and enterprise platform implementation partners.

  1. Kellton

    Provider of software development, ERP, and IT consulting services

    It services
    See in list
  2. Kaar Technologies

    Consulting firm specializing in digital transformation and SAP expertise

    Erp services
    See in list
  3. Riddhi Corporate

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

    Hr services
    See in list
  4. Sumeru Solutions

    Provider of cloud security, managed IT, and other services

    Sales services
    See in list
  5. InfraBeat

    Provider of AI, cloud consulting, and ERP services

    Erp services
    Website

AI, data & automation services companies

AI, data science, IoT and process automation providers.

  1. Searce

    Provider of cloud technologies, artificial intelligence, data analytics, and other services

    It services
    See in list
  2. LatentView

    Provides AI & web-based data sciences and analytic solutions

    It services
    See in list
  3. Celebal Technologies

    Provider of Data & AI solutions

    Digital transformation services
    See in list
  4. NextWealth

    Provider of AI enablement services

    Ai services
    See in list
  5. Ninestars Global

    AI-driven digital transformation and intelligent automation solutions

    Digital transformation services
    Website

Digital marketing & web services companies

Digital marketing agencies and website development providers.

  1. MediaMint

    Provider of digital marketing and advertising services

    Digital transformation services
    See in list
  2. Sumeru Solutions

    Provider of cloud security, managed IT, and other services

    Sales services
    See in list
  3. INT

    Provider of web & blockchain development, digital marketing, and analytics services

    It services
    Website
  4. Daffodil Software

    Provider of a range of IT services

    Marketing services
    Website
  5. Expand my business

    Provider of marketing, IT and digital transformation services

    It services
    Website

BPO, customer experience & HR services

Outsourcing, customer support, staffing and payroll providers.

  1. Tech Mahindra

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

    Bpo services
    See in list
  2. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
  3. 1Point1

    Provider of AI-powered business process and customer experience outsourcing

    Management consulting services
    See in list
  4. Sumeru Solutions

    Provider of cloud security, managed IT, and other services

    Sales services
    See in list
  5. Cyfuture

    Provider of IT service suite solutions and BPO services

    Digital transformation services
    See in list

Digital transformation startups in India

Recently founded digital transformation services companies in India.

  1. Cygnet Digital

    Cygnet Infotech is now Cygnet Digital | Your Partner in Digital Evolution

    Digital transformation services
    See in list
  2. SignX

    Provider of digital document management services

    Digital transformation services
    Website
  3. Encore IT Solutions

    Provider of IT services including custom software and cloud solutions

    Digital transformation services
    Website
  4. Conscendo

    Provider of salesforce CRM consulting and implementation services

    Digital transformation services
    Website
  5. Diggibyte

    Provider of AI, data analytics, migration & visualization services

    Digital transformation services
    Website
217 companies in India

Digital transformation services companies hiring in India

Digital transformation companies in India with open jobs.

  1. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
  2. Persistent

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

    Management consulting services
    See in list
  3. Tata Technologies

    Provider of design, product development, and engineering services

    Engineering consulting
    See in list
  4. Team Computers

    Provider of IT suite solutions

    It services
    See in list
  5. Happiest Minds

    Provider of IT suite services

    It services
    See in list
57 companies in India

Listed digital transformation services companies in India

Publicly traded digital transformation services companies in India.

  1. Tech Mahindra

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

    Bpo services
    See in list
  2. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
  3. Persistent

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

    Management consulting services
    See in list
  4. Tata Technologies

    Provider of design, product development, and engineering services

    Engineering consulting
    See in list
  5. Happiest Minds

    Provider of IT suite services

    It services
    See in list
29 companies in India
Mobile reach

Top 10 digital transformation services apps from India

The most-installed Android apps published by digital transformation services companies headquartered in India — 17.4M installs between them. 100 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Super Bicycle Racing

by Someshwara

Installs11.9M
Rating—
Installs, year on year+2%
Last updatedFeb 2026
View on Google Play ↗
Super Bicycle Racing screenshot 1Super Bicycle Racing screenshot 2Super Bicycle Racing screenshot 3Super Bicycle Racing screenshot 4Super Bicycle Racing screenshot 5Super Bicycle Racing screenshot 6
2

myClassmate App – Play & Learn

by Techved

Installs2.2M
Rating—
Installs, year on year+12%
Last updatedMar 2026
View on Google Play ↗
myClassmate App – Play & Learn screenshot 1myClassmate App – Play & Learn screenshot 2myClassmate App – Play & Learn screenshot 3myClassmate App – Play & Learn screenshot 4myClassmate App – Play & Learn screenshot 5myClassmate App – Play & Learn screenshot 6
3

eMudhra Customer

by EMudhra

Installs1.8M
Rating4.02K ratings
Last updatedNov 2023
View on Google Play ↗
eMudhra Customer screenshot 1eMudhra Customer screenshot 2eMudhra Customer screenshot 3eMudhra Customer screenshot 4
5

Srisaila Devasthanam

by 9and9

Installs325K
Rating—
Last updatedMar 2026
View on Google Play ↗
Srisaila Devasthanam screenshot 1Srisaila Devasthanam screenshot 2Srisaila Devasthanam screenshot 3
6

Voltas Vcare

by Cubastion

Installs242K
Rating—
Last updatedJun 2026
View on Google Play ↗
Voltas Vcare screenshot 1Voltas Vcare screenshot 2Voltas Vcare screenshot 3Voltas Vcare screenshot 4Voltas Vcare screenshot 5Voltas Vcare screenshot 6
7

VERIT

by C-TEL

Installs223K
Rating—
Last updatedMay 2026
View on Google Play ↗
VERIT screenshot 1VERIT screenshot 2VERIT screenshot 3VERIT screenshot 4VERIT screenshot 5
8

OneSchool Pal Student

by WE Excel

Installs185K
Rating—
Installs, year on year+13%
Last updatedJan 2026
View on Google Play ↗
OneSchool Pal Student screenshot 1OneSchool Pal Student screenshot 2OneSchool Pal Student screenshot 3OneSchool Pal Student screenshot 4OneSchool Pal Student screenshot 5OneSchool Pal Student screenshot 6
9

Merino Humrahi 2.0 – Har Kadam

by Merino Services

Installs155K
Rating—
Last updatedOct 2024
View on Google Play ↗
Merino Humrahi 2.0 – Har Kadam screenshot 1Merino Humrahi 2.0 – Har Kadam screenshot 2Merino Humrahi 2.0 – Har Kadam screenshot 3
10

Balaji - SFA

by VC ERP

Installs72K
Rating—
Last updatedDec 2022
View on Google Play ↗
Balaji - SFA screenshot 1Balaji - SFA screenshot 2Balaji - SFA screenshot 3Balaji - SFA screenshot 4Balaji - SFA screenshot 5Balaji - SFA screenshot 6
The business behind the activity

Digital transformation services financials in India

Revenue, profit and growth from the filed annual accounts of 417 digital transformation services companies in India for FY24-25 — 506 of the 1,291 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 73% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹93,420.41 cr

417 companies filing accounts

combined net profit₹8,943.28 cr

9.6% aggregate margin

are profitable77%

323 of 417 companies

median revenue~₹9.7 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five73%

revenue concentration

Six-year view

Combined revenue of filing companies

₹46,819.35 crFY19-20351 filers
₹46,729.69 crFY20-21375 filers
₹60,031.78 crFY21-22411 filers
₹72,310.85 crFY22-23432 filers
₹80,779.62 crFY23-24431 filers
₹93,420.41 crFY24-25417 filers

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

Like-for-like

The same 381 companies over three years

+24%
FY22-23₹71,220.12 cr₹7,322.86 cr net
FY23-24₹76,661.87 cr₹6,247.79 cr net
FY24-25₹88,354.47 cr₹8,884.85 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 cr7439% profitable
₹1–10 cr13975% profitable
₹10–100 cr15192% profitable
₹100–1,000 cr4495% profitable
Over ₹1,000 cr9100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking140
0–20%106
20–50%90
50–100%37
Doubled+26

399 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

323profitable
94loss-making
9.6%aggregate margin
4.1%median margin

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

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
VanshivVANSHIV TECHNOLOGIES PRIVATE LIMITED+314%₹28.86 cr
TenthPlanetTENTH PLANET TECHNOLOGIES PRIVATE LIMITED+305%
Digital Data AutomationDIGITAL DATA AUTOMATION PRIVATE LIMITED+291%₹65.25 cr
CaptivCAPTIV TECHNO SOLUTIONS PRIVATE LIMITED+186%
Intellics Global ServicesINTELLICS GLOBAL SERVICES PRIVATE LIMITED₹27.38 cr
SignXFUTURIQ SYSTEMS PRIVATE LIMITED+175%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NuSummitDEXIT GLOBAL LIMITED
TudipTUDIP TECHNOLOGIES PRIVATE LIMITED42.0%₹80.30 cr
PromonPromon Software Solutions Private Limited
PnQ TechnologiesPNQ TECHNOLOGIES PRIVATE LIMITED
Kovan LabsKOVAN TECHNOLOGY LABS INDIA PRIVATE LIMITED₹10.78 cr
NaapBooksNAAPBOOKS LIMITED36.1%₹12.42 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services106₹15,510.92 cr~₹11.3 cr84%9.9%
Management consulting services18₹12,515.43 cr~₹16.1 cr72%9.5%
Digital transformation services209₹10,312.35 cr~₹6.7 cr73%11.1%
Erp services28₹1,086.76 cr~₹7.7 cr79%7.2%
Ai services13₹901.29 cr~₹21.6 cr92%6.2%
Marketing services6₹15.61 cr~₹1.9 cr33%-8.9%
Leaders

Largest digital transformation services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Tech MahindraTECH MAHINDRA LIMITED₹45,950.20 cr₹3,506.10 cr7.6%+5%
PersistentPERSISTENT SYSTEMS LIMITED₹11,908.85 cr₹1,155.14 cr9.7%+78%
Tata ElxsiTATA ELXSI LIMITED₹3,908.36 cr₹784.94 cr20.1%+6%
Tata TechnologiesTATA TECHNOLOGIES LIMITED₹3,509.99 cr₹849.12 cr24.2%+12%
Team ComputersTEAM COMPUTERS PRIVATE LIMITED₹3,368.15 cr₹93.45 cr2.8%+51%
FirstsourceFIRSTSOURCE SOLUTIONS LIMITED₹2,346.84 cr₹427.04 cr18.2%+43%
Happiest MindsHappiest Minds Technologies Limited₹1,648.94 cr₹168.56 cr10.2%+4%
UneecopsUNEECOPS TECHNOLOGIES LIMITED₹1,211.13 cr₹75.32 cr6.2%+127%
COMnetCOMNET SOLUTIONS PRIVATE LIMITED₹1,068.35 cr₹85.53 cr8.0%+31%
WysetekWYSETEK SYSTEMS TECHNOLOGISTS PRIVATE LIMITED₹932.61 cr₹40.60 cr4.4%+6%
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

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full digital transformation 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 digital transformation 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

Digital transformation services funding and M&A across India

110 recorded equity rounds have gone to 1,396 digital transformation 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 months2

US$11.99m

equity rounds, last 24 months8

US$33.04m

raised over five yearsUS$186.94m

45 rounds in India

M&A deals, India84

last 24 months

Capital by year

Equity funding into digital transformation services in India

amount rounds
$111k20183
$5.0m20198
$2.4m20205
$16m20218
$90m202211
$34m202311
$18m202410
$18m20254
$11m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$90.12m across 11 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$17.33m10 rounds · median US$167k
SeedUS$25.22m19 rounds · median US$1.04m
Series AUS$118.39m14 rounds · median US$3.80m
Series BUS$26.00m2 rounds · median US$13.00m
Where the money went · five years

Most-funded sub-sectors

Digital transformation servicesUS$63.93m22 rounds · 14 companies
Erp servicesUS$41.00m2 rounds · 1 companies
It servicesUS$29.72m11 rounds · 4 companies
CybersecurityUS$26.23m1 rounds · 1 companies
Management consulting servicesUS$13.42m2 rounds · 2 companies
Ai servicesUS$12.40m3 rounds · 2 companies
Banking techUS$212k2 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

78Acquisition
4Merger
1Terminated

Most active acquirers

  1. Coforge12
  2. Hexaware technologies11
  3. Persistent systems6
  4. 1point1 Solutions6
  5. Tech mahindra3

Most acquired or merged

  1. Slk software6
  2. Mindsprint5
  3. Cigniti technologies3
  4. Arrka3
  5. Consulting Professionals Services Holdings Limited2

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

Digital transformation services funding in India

41 digital transformation services companies in India have recorded equity funding, US$297.41m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind digital transformation services companies in India. 559 of 1,291 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India digital transformation services companies by sub-sector

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

Keep exploring digital transformation services in India and nearby markets.

Coming soon