Company lists
The Karnataka edition · 2026

Enterprise applicationscompanies in Karnataka

ERP & business software, HR & recruitment software, marketing & sales software, customer service software, AI & analytics and more: the companies building enterprise applications in Karnataka, with their founders, funding, team size and business models.

4,104 company profiles1,149 with reported revenue505 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent enterprise applications business events in Karnataka

Funding, M&A, contract wins and launches involving 5,693 enterprise applications companies in Karnataka, last 24 months: 54 funding rounds · 43 launches · 38 M&A deals · 10 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

ContractService

Amagi · client: Accuweather

Amagi has completed a major broadcast modernisation project for AccuWeather, moving the weather service from traditional broadcast infrastructure to a cloud-based system covering both…

Broadcast technology
M&AAcquisition · Announced

Moschip technologies limited acquires Vayavya labs

MosChip Technologies Limited has approved the acquisition of a 73% stake in Vayavya Labs Private Limited (VLPL) for a total consideration of ₹245.49 crore, the company said in an…

Semiconductor, automotive communication, consumer electronics
LaunchAdFlow Orchestrator

Amagi

Amagi has announced the launch of AdFlow Orchestrator, an intelligent advertising and stream event management system designed to address monetization challenges in the growing Free…

Intelligent advertising and stream event management system
M&AAcquisition · Announced

Exotel acquires Dubverse

Exotel has acquired the core team of voice AI startup Dubverse

Telecommunications
M&AAcquisition · Completed

Thermax acquires Exactspace

Thermax confirmed completion of its acquisition of a 35.83 percent stake in Exactspace Technologies Private Limited, taking its overall shareholding to 51 percent on a fully diluted basis.

LaunchAutonomous Customer Operations Platform

Talisma

Talisma has launched its latest platform, the Autonomous Customer Operations Platform, to ease AI adoption in financial services and education sectors.

ContractTechnology

Dubverse · client: Exotel

Exotel has acqui-hired the core team of voice AI startup Dubverse, including co-founders Anuja Dhawan and Varshul Gupta, to focus on conversational intelligence.

Voice AI
LaunchRocket 1.0

Rocket

Indian startup Rocket has unveiled its AI platform designed to deliver McKinsey-grade consulting reports and product strategies at a fraction of the cost of traditional firms.

AI consulting platform
Funding

Bolna

Y-Combinator-backed Bolna raised $6.3 million,

Investors Y combinator
Voice AI
FundingSeries A

Aerchain

We are pleased to announce that our client, Aerchain, has raised Series A funding round led by Pavestone VC, with participation from IndiaMART and other investors.

Investors Pavestone VC, Indiamart
AI native enterprise procurement platform
Funding

Grapevine

Grapevine raised $4.1 million in a funding round led by Kae Capital and Peak XV Partners, with participation from Ronnie Screwvala’s family office.

Investors Kae capital, Peak xv partners, Ronnie Screwvala’s family office
Professional Networking
M&AAcquisition · Announced

C5i acquires Datavid

AI & Analytics company, C5i, today announced the signing of an agreement to fully acquire Datavid, a data & AI company that helps organizations transform fragmented, unstructured, and…

Data & AI
LaunchWorld’s First Agent Studio

Razorpay

Razorpay announced the launch of the “World’s First Agent Studio”, built using the Claude Agent SDK from Anthropic, at Razorpay’s flagship event, FTX’2026, in India on 12 March 2026.

B2B agent marketplace and builder platform
M&AAcquisition · Announced

Thermax acquires Exactspace

Thermax Limited has entered into definitive agreements to raise its stake in Exactspace Technologies Private Limited to 51% on a fully diluted basis, converting the artificial…

M&AAcquisition · Announced

Capillary technologies acquires Sessionm

Capillary Technologies, a global leader in AI-powered customer loyalty and engagement solutions, today announced it has entered into a definitive agreement to acquire SessionM, the…

Customer engagement and loyalty company
M&AAcquisition · Announced

Capillary technologies acquires Session

Capillary Technologies India has announced the acquisition of Mastercard-owned Session M in an all-cash $20 million deal, marking a significant overseas expansion for the…

SaaS
M&AAcquisition · Announced

Asm technologies acquires Myelin foundry

ASM Technologies announced that it has signed a definitive agreement to acquire 20% stake in Myelin Foundry

LaunchTallyPrime Cloud Access

Tally solutions

Tally Solutions has migrated its TallyPrime Cloud Access platform to Oracle Cloud Infrastructure (OCI).

Cloud-based financial management
Funding

Myelin foundry

AI startup Myelin Foundry is raising ₹48 Cr (around $5.3 Mn) from listed digital services provider ASM Technologies.

AI solutions for edge devices
LaunchGlobal Curated Marketplace

Airtory

Airtory, a company that specializes in the invention of interactive and immersive advertising creative, has unveiled a new marketplace named the Global Curated Marketplace, aimed at…

Marketplace
LaunchHarmony

Exotel

As enterprises across the Middle East fast-track AI adoption in customer experience, Exotel has announced the regional launch of Harmony, its AI-powered, human-assisted CX orchestration…

CX orchestration platform
M&AAcquisition · Announced

Ongrid acquires Reczee

OnGrid, a leading digital trust and background verification platform, has acquired Reczee, an AI-native and agentic hiring platform designed to modernize recruitment for fast-growing teams.

AI-native and agentic hiring platform
M&AAcquisition · Announced

New engen acquires Grapevine

New Engen, backed by Insignia Capital Group, has acquired Grapevine, a performance content creation and social white-listing service, to enhance its digital marketing and influencer…

M&AAcquisition · Announced

Numans acquires Ajc

The Bordeaux firm of accounting expertise and auditing AJC (38 employees, two associates) is bought by the Lyon group of accounting expertise Numans (250 employees, 22 million CA in 2024).

Accounting expertise
LaunchBharat Payroll OS Plan

Kredily

Kredily, a Bengaluru-based HRMS and payroll technology company, has announced a one-year complimentary Bharat Payroll OS Plan to help Indian MSMEs and startups adapt to the evolving…

Payroll technology platform
FundingSeries C

Xoxoday

Xoxoday, a global rewards, incentives, and Loyalty technology company, has raised a Series C round backed by its existing investors – Apis Partners & 57 Stars, marking a key milestone as…

Rewards, Incentives & Loyalty technology

Enterprise applications companies in Karnataka, by revenue

Browse enterprise applications companies in Karnataka 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 1,149 enterprise applications companies in Karnataka 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

Manufacturing platform that connects businesses with a global network of suppliers for custom production

B2b e-commerce
₹12,980.67 crFY 2024-25
-11%2024–2025
2,342-91% 12 mo to Mar 2023LinkedIn · Jul 2026
8 yr2018
4postings · last posted Sep 2026

Provider of web-enabled supply chain management solutions

Scm software
₹7,717.43 crFY 2024-25
-3%2024–2025
1LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of payment and business banking solutions for enterprises

Payments
₹3,932.11 crFY 2024-25
+60%2024–2025
4,052LinkedIn · Jul 2026
12 yr2014
24postings · last posted Sep 2026

Provider of advertising solutions and platforms for brand building and growth

Mobile advertising
US$219.98mFY 2023-24
Not reported
501recorded
19 yr2007
—No postings tracked

Provider of human capital management platform for frontline workforce enablement

Hrtech
₹1,451.24 crFY 2024-25
+26%2024–2025
937-7% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of customer engagement and loyalty program management platform and services

Loyalty software
₹1,098.91 crFY 2024-25
Not reported
229+0% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months · last posted Jun 2026

Provider of rewards, recognition, loyalty, incentives, and payout program solutions

Hrtech
₹993.46 crFY 2024-25
+12%2024–2025
700-17% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
20postings · last posted Aug 2026

Provider of cloud-based solutions for broadcast, streaming, and CTV advertising

Tech for traditional advertising
₹942.24 crFY 2023-24
+30%2023–2024
1,333-2% 12 mo to May 2024LinkedIn · Jul 2026
18 yr2008
2postings · last posted Jul 2026

Provider of software solutions, IT services, and financial inclusion products

Payments
₹770.69 crFY 2023-24
+40%2023–2024
865LinkedIn · Jul 2026
44 yr1982
0none in 3 months · last posted Feb 2026

Online platform for media planning and buying

Tech for traditional advertising
₹724.72 crFY 2022-23
Not reported
692-8% 12 mo to Aug 2024recorded Aug 2024
18 yr2008
—No postings tracked

Developer of business management software, taxation, accounting, and compliance solutions

Enterprise resource planning
₹746.58 crFY 2024-25
+11%2024–2025
5,073+10% 12 mo to Sep 2024LinkedIn · Jul 2026
40 yr1986
6postings · last posted Sep 2026

Application based platform offering CRM software for enterprises

Sales force automation
₹683.43 crFY 2022-23
Not reported
6,095-9% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Provider of AI-driven platform for financial analysis, verification, and decisioning

Insurance it
₹708.65 crFY 2024-25
Not reported
1,573LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

Developer of an AI-powered shopping agent providing personalized style inspiration

Vernacular platforms
US$73.11mFY 2023-24
+89%2023–2024
1,053+14% 12 mo to Oct 2023LinkedIn · Jul 2026
7 yr2019
0none in 3 months

AI powered loyalty management software for enterprises

Loyalty software
₹611.87 crFY 2024-25
+14%2024–2025
1,308+10% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
8postings · last posted Aug 2026

Technology-driven business process transformation company

Sme business management software
₹579.87 crFY 2024-25
+18%2024–2025
2,675+52% 12 mo to Aug 2024recorded Aug 2024
7 yr2019
0none in 3 months

Provider of AI-powered platforms and solutions for various industry applications

Big data analytics
₹566.00 crFY 2024-25
+24%2024–2025
—Not available
26 yr2000
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 enterprise AI and analytics services

Big data analytics
₹522.61 crFY 2024-25
+1%2024–2025
1,943+14% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
1postings · last posted Sep 2026

Provider of cloud-based communication platform offering AI-powered customer engagement solutions

Customer service software
₹507.08 crFY 2024-25
Not reported
749-33% 12 mo to Nov 2023LinkedIn · Jul 2026
15 yr2011
20postings · last posted Sep 2026

Coding interview practice and preparation tools for software engineers

Hrtech
₹366.35 crFY 2024-25
-6%2024–2025
154-100% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Developer of a platform providing sales, marketing, field, and service solutions

Marketingtech
₹366.34 crFY 2024-25
+13%2024–2025
1,094-19% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
15postings · last posted Sep 2026

Provider of a no-code platform for launching rewards and gift card stores

Coupons and deals
₹302.72 crFY 2024-25
+3536%2024–2025
32-20% 12 mo to Aug 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Jun 2026

Provider of POS hardware and software solutions

In store retail tech
₹272.20 crFY 2024-25
+2%2024–2025
359LinkedIn · Jul 2026
40 yr1986
0none in 3 months · last posted Jun 2026

Provider of automotive e-retailing & marketing solutions

Marketingtech
₹259.87 crFY 2024-25
+37%2024–2025
398+10% 12 mo to Jul 2024recorded Jul 2024
24 yr2002
6postings · last posted Aug 2026
50 of 4,104 companies shown here · the full list is on Radar
Fliar Radar

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Explore enterprise applications companies in Karnataka by what you are looking for

Find enterprise software solutions and enterprise application companies in Karnataka, from ERP and HR software to CRM and analytics. Browse enterprise software companies, enterprise applications startups in Karnataka and the top enterprise applications companies by category.

9 ways to explore enterprise applications in Karnataka

ERP & enterprise software solutions companiesHR, payroll & recruitment software companiesMarketing, CRM & sales automation software companiesCustomer service, support & chatbot software companiesAI, data analytics & business intelligence companiesEnterprise collaboration, compliance & document management companies

ERP & enterprise software solutions companies

Companies building ERP, accounting and general business software for enterprises and small businesses.

  1. Tally Solutions

    Developer of business management software, taxation, accounting, and compliance solutions

    Enterprise resource planning
    See in list
  2. Univw

    Application based platform offering CRM software for enterprises

    Sales force automation
    See in list
  3. Essae-Teraoka

    Provider of POS hardware and software solutions

    In store retail tech
    See in list
  4. ZopSmart

    Provider of end-to-end omni-channel solutions for online business development

    Enterprise resource planning
    Website
  5. CropIn

    Provider of cloud-based platform delivering agriculture data and intelligence solutions

    Crop tech
    Website

HR, payroll & recruitment software companies

Enterprise HR platforms covering hiring, applicant tracking, payroll and workforce management.

  1. Xoxoday

    Provider of rewards, recognition, loyalty, incentives, and payout program solutions

    Hrtech
    See in list
  2. AscentHR

    Provider of comprehensive HR technologies and outsourced payroll, compliance and consulting services

    Hrtech
    See in list
  3. The Reward Store

    Digital platform offering rewards management solution for organizations

    Hrtech
    See in list
  4. Workex

    Platform for recruitment, staff management, and payroll automation

    Hrtech
    See in list
  5. Apna

    Provider of AI‑powered professional networking and job search platform

    Hrtech
    See in list

Marketing, CRM & sales automation software companies

Enterprise tools for CRM, lead management, marketing automation and sales teams.

  1. Univw

    Application based platform offering CRM software for enterprises

    Sales force automation
    See in list
  2. LeadSquared

    Developer of a platform providing sales, marketing, field, and service solutions

    Marketingtech
    See in list
  3. Izmo

    Provider of automotive e-retailing & marketing solutions

    Marketingtech
    See in list
  4. Vymo

    AI-based sales engagement for financial institutions

    Sales force automation
    See in list
  5. ICS Mobile

    Platform providing solutions for omnichannel marketing

    Marketingtech
    See in list

Customer service, support & chatbot software companies

Helpdesk, contact centre and conversational AI software for customer support.

  1. Exotel

    Provider of cloud-based communication platform offering AI-powered customer engagement solutions

    Customer service software
    See in list
  2. Verloop.io

    Provider of AI-powered customer service automation solutions

    Generative ai
    Website
  3. Skit.ai

    Provider of AI-powered debt collection platform for automating and streamlining collection processes

    Customer service software
    Website
  4. Tetherfi

    Customer service software provider

    Customer service software
    Website
  5. LimeChat

    Provider of AI agent solutions for customer support and business growth

    Customer service software
    Website

AI, data analytics & business intelligence companies

Enterprise AI, big data and business intelligence platforms.

  1. C5i

    Provider of AI-powered platforms and solutions for various industry applications

    Big data analytics
    See in list
  2. MathCo

    Provider of enterprise AI and analytics services

    Big data analytics
    See in list
  3. Probe 42

    Provider of curated data and intelligence platform for business decision-making

    Data as a service
    Website
  4. Aptofy

    Platform offers AI powered talent acquisition solution

    Generative ai
    Website
  5. Entropik

    AI powered consumer behavior analysis platform

    Marketingtech
    Website

Enterprise collaboration, compliance & document management companies

Software for document management, collaboration, compliance and business process automation.

  1. Digio

    Provider of digital solutions for KYC, document management, and digital signatures

    Grc software
    See in list
  2. epiplex.ai

    Provider of AI enabled process discovery and intelligence platforms

    Business process management software
    Website
  3. Brigs Espro Services

    Provider of visual workplace solutions, safety products, and content development services

    Facility management tech
    Website
  4. East Consultancy Services

    Provider of develop & deliver innovative and highly digital on boarding & KYC solutions

    Grc software
    Website
  5. Exto

    Provider of operational readiness platform unifying asset commissioning, safety, and handover

    Product management tools
    Website

Enterprise applications startups in Karnataka

Recently founded enterprise software and applications companies in Karnataka.

  1. Hubble Money

    Provider of a no-code platform for launching rewards and gift card stores

    Coupons and deals
    See in list
  2. The Reward Store

    Digital platform offering rewards management solution for organizations

    Hrtech
    See in list
  3. Sevenloop

    Provider of AI-enabled custom metal manufacturing and sourcing platform

    Manufacturing tech
    See in list
  4. Interview Prime

    Platform designed to help candidates in the job interview process

    Chatbots
    Website
  5. Aptofy

    Platform offers AI powered talent acquisition solution

    Generative ai
    Website
1086 companies in Karnataka

Enterprise applications companies hiring in Karnataka

Enterprise software companies in Karnataka that are currently hiring.

  1. Zetwerk

    Manufacturing platform that connects businesses with a global network of suppliers for custom production

    B2b e-commerce
    See in list
  2. Razorpay

    Provider of payment and business banking solutions for enterprises

    Payments
    See in list
  3. Reward360

    Provider of customer engagement and loyalty program management platform and services

    Loyalty software
    See in list
  4. Xoxoday

    Provider of rewards, recognition, loyalty, incentives, and payout program solutions

    Hrtech
    See in list
  5. Amagi

    Provider of cloud-based solutions for broadcast, streaming, and CTV advertising

    Tech for traditional advertising
    See in list
53 companies in Karnataka

Listed enterprise applications companies in Karnataka

Publicly listed enterprise applications companies based in Karnataka.

  1. Amagi

    Provider of cloud-based solutions for broadcast, streaming, and CTV advertising

    Tech for traditional advertising
    See in list
  2. Capillary Technologies

    AI powered loyalty management software for enterprises

    Loyalty software
    See in list
  3. EMudhra

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

    Cybersecurity
    See in list
  4. Izmo

    Provider of automotive e-retailing & marketing solutions

    Marketingtech
    See in list
  5. Tracxn

    Provider of private company data and market intelligence for professionals

    Data as a service
    See in list
7 companies in Karnataka
Mobile reach

Top 10 enterprise applications apps from Karnataka

The most-installed Android apps published by enterprise applications companies headquartered in Karnataka — 178.1M installs between them. 359 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

apna - Search Job, Vacancy App

by Apna

Installs62.2M
Rating4.42742K ratings
Installs, year on year+16%
Last updatedJun 2026
View on Google Play ↗
apna - Search Job, Vacancy App screenshot 1apna - Search Job, Vacancy App screenshot 2apna - Search Job, Vacancy App screenshot 3apna - Search Job, Vacancy App screenshot 4apna - Search Job, Vacancy App screenshot 5apna - Search Job, Vacancy App screenshot 6
2

WorkIndia Job Search App

by WorkIndia

Installs53.1M
Rating3.98348K ratings
Last updatedJun 2026
View on Google Play ↗
WorkIndia Job Search App screenshot 1WorkIndia Job Search App screenshot 2WorkIndia Job Search App screenshot 3WorkIndia Job Search App screenshot 4WorkIndia Job Search App screenshot 5WorkIndia Job Search App screenshot 6
3

MyHub (formerly MySites)

by Glance

Installs27.3M
Rating3.8910K ratings
Last updatedApr 2026
View on Google Play ↗
MyHub (formerly MySites) screenshot 1MyHub (formerly MySites) screenshot 2MyHub (formerly MySites) screenshot 3MyHub (formerly MySites) screenshot 4MyHub (formerly MySites) screenshot 5MyHub (formerly MySites) screenshot 6
4

PagarBook:Attendance & Payroll

by PagarBook

Installs11.8M
Rating4.291K ratings
Last updatedMay 2026
View on Google Play ↗
PagarBook:Attendance & Payroll screenshot 1PagarBook:Attendance & Payroll screenshot 2PagarBook:Attendance & Payroll screenshot 3PagarBook:Attendance & Payroll screenshot 4PagarBook:Attendance & Payroll screenshot 5PagarBook:Attendance & Payroll screenshot 6
5

Hamara Jobs (Qjobs)

by Hamara Jobs

Installs6.7M
Rating4.1781K ratings
Installs, year on year+5%
Last updatedDec 2025
View on Google Play ↗
Hamara Jobs (Qjobs) screenshot 1Hamara Jobs (Qjobs) screenshot 2Hamara Jobs (Qjobs) screenshot 3Hamara Jobs (Qjobs) screenshot 4Hamara Jobs (Qjobs) screenshot 5
6

Lokal Jobs - Job search app

by Lokal

Installs5.0M
Rating4.168K ratings
Installs, year on year+41%
Last updatedMay 2026
View on Google Play ↗
Lokal Jobs - Job search app screenshot 1Lokal Jobs - Job search app screenshot 2Lokal Jobs - Job search app screenshot 3Lokal Jobs - Job search app screenshot 4Lokal Jobs - Job search app screenshot 5Lokal Jobs - Job search app screenshot 6
7

greytHR - the one-stop HR App

by Greytip Software

Installs3.3M
Rating3.8107K ratings
Installs, year on year+39%
Last updatedJun 2026
View on Google Play ↗
greytHR - the one-stop HR App screenshot 1greytHR - the one-stop HR App screenshot 2greytHR - the one-stop HR App screenshot 3greytHR - the one-stop HR App screenshot 4greytHR - the one-stop HR App screenshot 5greytHR - the one-stop HR App screenshot 6
8

Razorpay Payments for Business

by Razorpay

Installs3.3M
Rating3.89K ratings
Installs, year on year+37%
Last updatedMay 2026
View on Google Play ↗
Razorpay Payments for Business screenshot 1Razorpay Payments for Business screenshot 2Razorpay Payments for Business screenshot 3Razorpay Payments for Business screenshot 4Razorpay Payments for Business screenshot 5Razorpay Payments for Business screenshot 6
10

Refyne

by Refyne

Installs2.6M
Rating—
Installs, year on year+49%
Last updatedMay 2026
View on Google Play ↗
Refyne screenshot 1Refyne screenshot 2Refyne screenshot 3Refyne screenshot 4Refyne screenshot 5Refyne screenshot 6
The business behind the activity

Enterprise applications financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 975 enterprise applications companies in Karnataka for FY24-25 — 1,264 of the 4,104 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 60% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹32,040.26 cr

975 companies filing accounts

combined net profit−₹3,407.55 cr

-10.6% aggregate margin

are profitable48%

471 of 975 companies

median revenue~₹1.6 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five60%

revenue concentration

Six-year view

Combined revenue of filing companies

₹8,709.48 crFY19-20703 filers
₹12,835.45 crFY20-21767 filers
₹16,315.06 crFY21-22848 filers
₹20,597.28 crFY22-23925 filers
₹34,844.79 crFY23-24953 filers
₹32,040.26 crFY24-25975 filers

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

Like-for-like

The same 790 companies over three years

+3%
FY22-23₹19,035.17 cr−₹2,756.04 cr net
FY23-24₹18,456.34 cr−₹3,514.60 cr net
FY24-25₹19,549.25 cr−₹3,297.69 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 cr39827% profitable
₹1–10 cr39062% profitable
₹10–100 cr15665% profitable
₹100–1,000 cr2871% profitable
Over ₹1,000 cr333% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking309
0–20%178
20–50%150
50–100%94
Doubled+140

871 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

471profitable
501loss-making
-10.6%aggregate margin
-1.0%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
Hedge5HEDGE5 MANUFACTURING SOLUTIONS PRIVATE LIMITED
PowerplayCoffer Internet Services Private Limited+301%
SatSureSATSURE ANALYTICS INDIA PRIVATE LIMITED+221%₹33.59 cr
RegisterKaroSAFE LEDGER PRIVATE LIMITED+204%₹31.20 cr
Ethereal MachinesETHEREAL MACHINES PRIVATE LIMITED+165%₹16.93 cr
PeopleWorksCROSSDOMAIN SOLUTIONS PRIVATE LIMITED+151%₹19.36 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AptofyUNLIMITEYE SOLUTIONS PRIVATE LIMITED₹57.27 cr
PeopleWorksCROSSDOMAIN SOLUTIONS PRIVATE LIMITED56.7%₹19.36 cr
DigioDIGIOTECH SOLUTIONS PRIVATE LIMITED
IzmoIZMO LIMITED30.9%₹79.05 cr
Essae-TeraokaESSAE -TERAOKA PRIVATE LIMITED26.7%₹272.20 cr
ArteriaARTERIA TECHNOLOGIES PRIVATE LIMITED25.7%₹55.61 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Scm software36₹8,010.20 cr~₹3.1 cr42%-23.2%
Hrtech191₹2,959.72 cr~₹1.3 cr45%-8.0%
Marketingtech79₹1,943.09 cr~₹1.7 cr53%0.4%
Loyalty software7₹1,314.45 cr~₹2.8 cr57%2.2%
Enterprise resource planning44₹1,122.03 cr~₹2.0 cr61%2.8%
Big data analytics24₹773.78 cr~₹2.9 cr54%4.4%
Customer service software26₹717.08 cr~₹2.2 cr50%1.3%
Sme business management software6₹582.65 cr~₹52 lakh33%13.3%
Leaders

Largest enterprise applications companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ZetwerkZETWERK MANUFACTURING BUSINESSES LIMITED₹8,717.22 cr−₹82.67 cr-0.9%-26%
BB MatrixINNOVATIVE RETAIL CONCEPTS PRIVATE LIMITED₹7,717.43 cr−₹1,850.97 cr-24.0%-3%
Reward360REWARD360 GLOBAL SERVICES PRIVATE LIMITED₹1,061.12 cr₹20.23 cr1.9%+14%
Rakuten IndiaRAKUTEN INDIA ENTERPRISE PRIVATE LIMITED8.8%
Tally SolutionsTALLY SOLUTIONS PRIVATE LIMITED₹718.91 cr₹15.43 cr2.1%+10%
XoxodayNREACH ONLINE SERVICES PRIVATE LIMITED₹604.60 cr₹6.65 cr1.1%+1%
VoyaVOYA GLOBAL SERVICES PRIVATE LIMITED₹579.87 cr₹77.57 cr13.4%+18%
GlanceGLANCE DIGITAL EXPERIENCE PRIVATE LIMITED₹494.20 cr₹10.57 cr2.1%+0%
ExotelEXOTEL TECHCOM PRIVATE LIMITED₹474.99 cr₹28.50 cr6.0%+8%
C5iCOURSE5 INTELLIGENCE LIMITED₹361.75 cr₹35.11 cr9.7%-9%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

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

Enterprise applications funding and M&A across India

4,644 recorded equity rounds have gone to 28,056 enterprise applications companies in India — how much, at which stage, into which sub-sectors, from whom, and how Karnataka compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months98

US$526.95m

equity rounds, last 24 months320

US$1.37bn

raised over five yearsUS$7.57bn

1,944 rounds in India

M&A deals, Karnataka38

last 24 months

Capital by year

Equity funding into enterprise applications in India

amount rounds
$460m2018354
$844m2019370
$758m2020383
$2.7bn2021492
$2.1bn2022543
$900m2023346
$814m2024302
$660m2025203
$421m202658

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$2.70bn across 492 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$74.14m297 rounds · median US$76k
SeedUS$890.69m1,235 rounds · median US$400k
Series AUS$1.52bn250 rounds · median US$4.00m
Series BUS$1.38bn82 rounds · median US$14.15m
Series CUS$927.16m30 rounds · median US$24.47m
Series D+US$2.78bn50 rounds · median US$40.00m
Where the money went · five years

Most-funded sub-sectors

HrtechUS$1.14bn347 rounds · 191 companies
B2b e-commerceUS$1.03bn26 rounds · 10 companies
PaymentsUS$546.73m9 rounds · 5 companies
MarketingtechUS$392.63m134 rounds · 83 companies
Tech for traditional advertisingUS$374.24m19 rounds · 8 companies
Alternative lendingUS$354.09m17 rounds · 7 companies
Manufacturing techUS$285.53m113 rounds · 52 companies
Corporate activity · last 24 months

M&A in Karnataka

38Acquisition

Most active acquirers

  1. Rocket6
  2. Capillary technologies3
  3. Thermax2
  4. Amagi2
  5. Moschip technologies limited1

Most acquired or merged

  1. Exactspace2
  2. Rightbot Technologies2
  3. Redfin2
  4. Mr. cooper2
  5. Vayavya labs1

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

Enterprise applications funding in Karnataka

505 enterprise applications companies in Karnataka have recorded equity funding, US$6.53bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind enterprise applications companies in Karnataka. 2,211 of 4,104 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka enterprise applications companies by sub-sector

The most common specialisations among enterprise applications companies in Karnataka. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring enterprise applications in India and nearby markets.

Coming soon