Company lists
The Maharashtra edition · 2026

Digital transformation servicescompanies in Maharashtra

IT services, consulting, ERP, AI & IoT, BPO & customer experience and more: the companies building digital transformation services in Maharashtra, with their founders, funding, team size and business models.

275 company profiles99 with reported revenue15 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 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 · 47 launches · 2 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 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 Limited acquires Mindsprint

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

IT and digital services
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 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.

1Point1 Solutions Ltd (1Point1), a leading provider of AI-driven business process management (BPM) solutions, today announced that it has entered into a definitive Share Purchase…

Business Process Management (BPM)

Digital transformation services companies in Maharashtra, by revenue

Browse digital transformation services companies in Maharashtra 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 99 digital transformation services companies in 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 data analytics, cloud management, and business process outsourcing services

Bpo services
₹53,843.70 crFY 2024-25
+2%2024–2025
157,410LinkedIn · Oct 2026
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
36,943+11% vs previous recordLinkedIn · Oct 2026
36 yr1990
9postings · 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
30,015LinkedIn · Oct 2026
36 yr1990
64postings · last posted Oct 2026

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

Bpo services
₹7,979.45 crFY 2024-25
+25%2024–2025
25,021+21% 12 mo to Mar 2024LinkedIn · Oct 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
17,516-7% 12 mo to Mar 2024LinkedIn · Oct 2026
37 yr1989
29postings · last posted Sep 2026

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

Digital transformation services
₹1,093.64 crFY 2024-25
+31%2024–2025
221LinkedIn · Oct 2026
28 yr1998
1postings · last posted Sep 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
11postings · 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
1postings · last posted Sep 2026

Provider of cybersecurity, data analytics, and AI services

It services
₹708.37 crFY 2024-25
+8%2024–2025
1,945-9% 12 mo to Sep 2024LinkedIn · Oct 2026
18 yr2008
4postings · 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
804+9% 12 mo to Sep 2024LinkedIn · Oct 2026
30 yr1996
2postings · last posted Sep 2026

Provider of AI-powered business process and customer experience outsourcing

Management consulting services
₹270.17 crFY 2024-25
+54%2024–2025
4,267+3% 12 mo to Jan 2024LinkedIn · Oct 2026
18 yr2008
5postings · last posted Aug 2026

Provider of digital transformation and cybersecurity services

Digital transformation services
₹227.85 crFY 2024-25
+10%2024–2025
1,729LinkedIn · Jul 2026
27 yr1999
1postings · last posted Aug 2026

Provider of B2B intelligence, sales & marketing, business process transformation serivces

Digital transformation services
₹202.87 crFY 2024-25
+8%2024–2025
2,343+2% 12 mo to Aug 2024LinkedIn · Oct 2026
44 yr1982
0none in 3 months

Provider of business consulting, activation, and transformation services

Digital transformation services
₹192.02 crFY 2024-25
+8%2024–2025
727-10% 12 mo to Sep 2024LinkedIn · Oct 2026
20 yr2006
0none in 3 months

Provider of AI, cloud consulting, and ERP services

Erp services
₹127.93 crFY 2024-25
+6%2024–2025
443-11% 12 mo to Sep 2024LinkedIn · Oct 2026
13 yr2013
0none in 3 months

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

Engineering consulting
₹125.04 crFY 2024-25
+11%2024–2025
401recorded
27 yr1999
0none in 3 months · last posted Jun 2026

Provider of IT service suite solutions

It services
₹115.58 crFY 2022-23
Not reported
—Not available
9 yr2017
1postings · last posted Sep 2026

Provider of ERP SAP, consulting, and other services

Erp services
₹111.94 crFY 2024-25
+11%2024–2025
280+218% vs previous recordrecorded
16 yr2010
0none in 3 months

Provider of IT services including digital transformation, AI, and cybersecurity solutions

It services
₹108.65 crFY 2024-25
+2%2024–2025
634+107% 12 mo to Mar 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Technology services and solutions provider for data and digital technologies

It services
₹91.58 crFY 2022-23
+40%2022–2023
511LinkedIn · Oct 2026
11 yr2015
3postings · last posted Sep 2026

Provider of IT suite services

It services
₹82.70 crFY 2024-25
+20%2024–2025
351+43% 12 mo to Sep 2024LinkedIn · Oct 2026
17 yr2009
0none in 3 months · last posted Feb 2026

Provides application development and cloud services

Supply chain services
₹82.65 crFY 2024-25
+0%2024–2025
626-5% 12 mo to Sep 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Provider of courier, logistic and printing services

Print services
₹82.48 crFY 2024-25
+44%2024–2025
140+31% 12 mo to Mar 2023recorded Mar 2023
27 yr1999
0none in 3 months

Provider of digital consulting, data management, automation, and other services

Digital transformation services
₹67.68 crFY 2024-25
+59%2024–2025
255+33% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of digital data management services

Digital transformation services
₹65.25 crFY 2024-25
+291%2024–2025
20+8% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months
50 of 275 companies shown here · the full list is on Radar
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Explore all 275 digital transformation services companies in Maharashtra on Radar

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

Find top digital transformation companies in Maharashtra, from large IT services providers to ERP, AI and cloud consultants. You can also browse digital transformation solution providers, digital transformation startups in Maharashtra and listed companies.

9 ways to explore digital transformation services in Maharashtra

IT services & software development companiesBusiness & management consulting firmsERP & enterprise software implementation companiesAI, IoT & emerging technology servicesBPO & customer experience servicesDigital marketing & web development agencies

IT services & software development companies

IT consulting, cloud, data analytics and software development 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. COMnet

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

    Digital transformation services
    See in list

Business & management consulting firms

Consultants helping enterprises plan and run business and technology transformation.

  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. Technosoft Engineering

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

    Engineering consulting
    See in list
  4. Practus

    Provider of business transformation and implementation-focused consulting services

    Management consulting services
    See in list
  5. Imperative Business Ventures

    An IT and outsourcing company offering digital transformation solutions to enterprises

    Management consulting services
    See in list

ERP & enterprise software implementation companies

Partners implementing ERP, SAP, Salesforce and CRM for businesses.

  1. InfraBeat

    Provider of AI, cloud consulting, and ERP services

    Erp services
    See in list
  2. Highbar Technocrat

    Provider of ERP SAP, consulting, and other services

    Erp services
    See in list
  3. SoftCore Solutions

    IT and enterprise solutions provider delivering ERP, CRM, cloud, and digital transformation services to help businesses

    Erp services
    See in list
  4. SAVIC

    Provider of application development, cloud, cybersecurity, and other services

    Digital transformation services
    See in list
  5. ORNET

    Provider of ERP implementation, CRM, BPM, and IT services

    Sales services
    Website

AI, IoT & emerging technology services

Providers of AI, machine learning, IoT, blockchain and automation solutions.

  1. nCircle Tech

    Provider of 3D engineering software and construction solutions

    Digital transformation services
    See in list
  2. Neebal

    Provider of Industrial IoT solutions and consulting services

    Digital transformation services
    Website
  3. Yodaplus

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

    Digital transformation services
    Website
  4. InfinityX

    Provider of AI, ML, AR & VR, and other services

    Management consulting services
    Website
  5. AIOTF

    Developer of AI inferencing models and services for automated digital transformation

    It services
    Website

BPO & customer experience services

Business process outsourcing and customer experience companies.

  1. Tech Mahindra

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

    Bpo services
    See in list
  2. 1Point1

    Provider of AI-powered business process and customer experience outsourcing

    Management consulting services
    See in list
  3. Imperative Business Ventures

    An IT and outsourcing company offering digital transformation solutions to enterprises

    Management consulting services
    See in list
  4. Aeries Technology

    Provider of business process and technology consulting services

    Digital transformation services
    Website
  5. Copia Consultancy Services

    Provider of business process automation software solutions. It develops and implements software designed to streamline and optimize business processes across various industries, including banking, manufacturing, and consumer durables. The solutions address gaps in existing ERP and CRM systems, improving efficiency and reducing operational costs. The software is tailored to meet the specific needs of individual organizations, considering their unique processes and culture. A focus on continuous improvement ensures ongoing customer benefit and satisfaction.

    Digital transformation services
    Website

Digital marketing & web development agencies

Agencies offering digital marketing, web design and app development.

  1. Mindpooltech

    Provider of SEO, SMM, content, advertising, IT staffing, and website development services

    Digital transformation services
    See in list
  2. ORNET

    Provider of ERP implementation, CRM, BPM, and IT services

    Sales services
    Website
  3. Destek

    Provider of digital marketing & transformation, and web & mobile app development services

    Marketing services
    Website
  4. Nine A

    Provider of digital transformation services to enterprises

    Management consulting services
    Website
  5. Metaminds Studio

    Provider of animation, web design, and mobile application development services

    It services
    Website

Digital transformation startups in Maharashtra

Newer digital transformation companies founded in recent years.

  1. 5D Solutions

    Provider of digital transformation services

    Digital transformation services
    Website
  2. Techindo

    Provider of IT suite services

    It services
    Website
  3. Intellcloud Solutions

    Provider of Salesforce implementation and consulting services

    Digital transformation services
    Website
  4. POSCIG

    Provider of talent management services

    Digital transformation services
    Website
  5. Xomate Technologies

    Provider of process automation services

    Digital transformation services
    Website
45 companies in Maharashtra

Digital transformation companies hiring in Maharashtra

Companies in this sector with open roles right now.

  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. COMnet

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

    Digital transformation services
    See in list
  5. Searce

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

    It services
    See in list
47 companies in Maharashtra

Listed digital transformation companies in Maharashtra

Publicly listed digital transformation services companies.

  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. 1Point1

    Provider of AI-powered business process and customer experience outsourcing

    Management consulting services
    See in list
13 companies in Maharashtra
Mobile reach

Top 10 digital transformation services apps from Maharashtra

The most-installed Android apps published by digital transformation services companies headquartered in Maharashtra — 2.6M installs between them. 18 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

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
8

GreatHR

by Tudip

Installs2K
Rating—
Last updatedFeb 2026
View on Google Play ↗
GreatHR screenshot 1GreatHR screenshot 2GreatHR screenshot 3GreatHR screenshot 4GreatHR screenshot 5GreatHR screenshot 6
9

HexaAttendance Tracker

by Hexaware

Installs1K
Rating—
Last updatedMay 2026
View on Google Play ↗
HexaAttendance Tracker screenshot 1HexaAttendance Tracker screenshot 2HexaAttendance Tracker screenshot 3HexaAttendance Tracker screenshot 4HexaAttendance Tracker screenshot 5HexaAttendance Tracker screenshot 6
10

Jain Panchang

by Tirnav

Installs1K
Rating—
Last updatedMar 2026
View on Google Play ↗
Jain Panchang screenshot 1Jain Panchang screenshot 2Jain Panchang screenshot 3Jain Panchang screenshot 4Jain Panchang screenshot 5Jain Panchang screenshot 6
The business behind the activity

Digital transformation services financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 92 digital transformation services companies in Maharashtra for FY24-25 — 109 of the 275 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 92% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹70,130.23 cr

92 companies filing accounts

combined net profit₹6,963.28 cr

9.9% aggregate margin

are profitable88%

81 of 92 companies

median revenue~₹13.0 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five92%

revenue concentration

Six-year view

Combined revenue of filing companies

₹38,593.68 crFY19-2085 filers
₹38,294.98 crFY20-2186 filers
₹48,194.21 crFY21-2289 filers
₹57,062.08 crFY22-2396 filers
₹60,995.28 crFY23-2494 filers
₹70,130.23 crFY24-2592 filers

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

Like-for-like

The same 85 companies over three years

+22%
FY22-23₹56,861.31 cr₹5,434.47 cr net
FY23-24₹60,361.30 cr₹4,432.57 cr net
FY24-25₹69,612.06 cr₹6,944.56 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 cr1155% profitable
₹1–10 cr2882% profitable
₹10–100 cr3797% profitable
₹100–1,000 cr11100% profitable
Over ₹1,000 cr5100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking27
0–20%24
20–50%21
50–100%11
Doubled+5

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

Profitability

Profit is concentrated at the top

81profitable
11loss-making
9.9%aggregate margin
5.9%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
Digital Data AutomationDIGITAL DATA AUTOMATION PRIVATE LIMITED+291%₹65.25 cr
Intellics Global ServicesINTELLICS GLOBAL SERVICES PRIVATE LIMITED₹27.38 cr
AvatuAVATU PRIVATE LIMITED+97%
TechvedTECHVED CONSULTING INDIA PRIVATE LIMITED
PersistentPERSISTENT SYSTEMS LIMITED+78%₹11,908.85 cr
Imperative Business VenturesIMPERATIVE BUSINESS VENTURES LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NuSummitDEXIT GLOBAL LIMITED236.1%₹227.85 cr
TudipTUDIP TECHNOLOGIES PRIVATE LIMITED42.0%₹80.30 cr
PnQ TechnologiesPNQ TECHNOLOGIES PRIVATE LIMITED
AressARESS SOFTWARE AND EDUCATION TECHNOLOGIES PRIVATE LIMITED32.0%₹108.47 cr
AppstrailAPPSTRAIL TECHNOLOGY PRIVATE LIMITED₹14.86 cr
Tata TechnologiesTATA TECHNOLOGIES LIMITED24.2%₹3,509.99 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Management consulting services7₹12,191.65 cr~₹12.7 cr100%9.7%
It services19₹2,698.29 cr~₹20.5 cr89%6.1%
Digital transformation services42₹2,683.16 cr~₹10.4 cr83%26.9%
Erp services10₹339.11 cr~₹9.4 cr90%6.9%
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 TechnologiesTATA TECHNOLOGIES LIMITED₹3,509.99 cr₹849.12 cr24.2%+12%
FirstsourceFIRSTSOURCE SOLUTIONS LIMITED₹2,346.84 cr₹427.04 cr18.2%+43%
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%
SearceSEARCE COSOURCING SERVICE PRIVATE LIMITED₹896.74 cr₹47.54 cr5.3%+3%
Network Techlab IndiaNETWORK TECHLAB (INDIA) LIMITED₹672.97 cr₹34.66 cr5.1%+29%
Inspira EnterpriseINSPIRA ENTERPRISE INDIA LIMITED₹473.84 cr₹17.01 cr3.6%-4%
NuSummitDEXIT GLOBAL LIMITED₹227.85 cr₹537.95 cr236.1%+9%
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

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

equity rounds, last 12 months2

US$11.99m

equity rounds, last 24 months6

US$31.39m

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 Maharashtra

15 digital transformation services companies in Maharashtra have recorded equity funding, US$47.68m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind digital transformation services companies in Maharashtra. 118 of 275 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra digital transformation services companies by sub-sector

The most common specialisations among digital transformation services companies in Maharashtra. 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