Company lists
The Gujarat edition · 2026

It servicescompanies in Gujarat

Marketing, app development, IoT, ERP, AI and more: the companies building it services in Gujarat, with their founders, funding, team size and business models.

1,881 company profiles267 with reported revenue13 with recorded fundingSeptember 2026 edition

Recent it services business events in Gujarat

Funding, M&A, contract wins and launches involving 1,939 it services companies in Gujarat, last 24 months: 30 Contracts · 10 launches · 8 M&A deals · 2 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Ace software exports acquires QeLearn (Formerly known as Theia Education)

Ace Software Exports has successfully completed the acquisition of the remaining 2,58,000 equity shares, representing 49.62% of the fully diluted equity share capital of QeLearn…

EdTech
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…

LaunchYudiz 2.0

Yudiz solutions

Yudiz Solutions Limited announces the launch of Yudiz 2.0

ContractTechnology

Aarav solutions · client: Ishan technologies

Ishan Technologies, one of India’s fastest-growing ICT providers serving over one million users nationwide, has selected Aarav Solutions to lead comprehensive OSS/BSS transformation on…

Telecommunications
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…

M&AAcquisition · Announced

AMI Paradigm Solutions Private Limited (AMIPS) acquires L&t technology services

AMI Paradigm Solutions Private Limited (AMIPS), a joint venture between AM Group and ParadigmIT, has inked a binding transfer agreement (BTA) with L&T Technology Services (LTTS) to…

Technology Services
ContractService

Silver touch technologies · client: Odisha Computer Application Centre (OCAC), Government of Odisha

Silver Touch Technologies has received a purchase order from Odisha Computer Application Centre (OCAC), Government of Odisha, for the enhancement, operation, maintenance and technical…

Agriculture
ContractService

Silver touch technologies · client: ODISHA COMPUTER APPLICATION CENTRE

SILVER TOUCH TECHNOLOGIES HAS RECEIVED A PROJECT FROM THE ODISHA COMPUTER APPLICATION CENTRE. THE COMPANY HAS POINTED OUT ON THURSDAY THAT THIS PROJECT FOR THE ENHANCEMENT, OPERATION,…

Government
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
ContractService

Sattrix information security · client: Hitachi systems

Sattrix Information Security Limited announced that it has received initial work orders to provide managed Security Operations Center (SOC) services to Hitachi Systems India Private…

FundingInitial Public Offering

Silicon Valley

Silicon Valley Acquisition Corp. announced the closing of its initial public offering of 20,000,000 units at a price of $10.00 per unit on December 24, 2025. Total gross proceeds from…

Investors Clear street
ContractTechnology

Softvan · client: Indian Navy

Softvan Limited, a subsidiary of Sahana Systems, secured a Rs. 7.74 crore Indian Navy contract via GeM to upgrade RF and Non-RF infrastructure, enhancing defence communication and…

Defence
ContractTechnology

L&t technology services · client: Na

L&T Technology Services (LTTS) has announced approx Rs 8.86 billion multi-year agreement with a US-based industrial equipment manufacturer.

Semiconductor
ContractService

L&t technology services · client: US-based industrial equipment manufacturer

A leading engineering services provider secured a $100 million multi-year deal with a US industrial equipment maker

Semiconductor
ContractSupply

Softvan · client: Railtel corporation of india

Sahana Systems Limited announced that its subsidiary, Softvan Limited, has received a Rs. 16.42 crore order from RailTel Corporation of India Limited.

Technology
ContractInfrastructure

AmpVolts · client: Tata motors

To further expand this network, the company has signed MoUs with 13 leading Charging Point Operators — including Charge Zone, Zeon Electric, Kazam, Volttic, and Ampvolts — to add another…

EV charging infrastructure
ContractService

ITI Limited · client: Guj info petro

ITI Limited, India’s premier public sector telecom company, has been empanelled as a System Integrator by Guj Info Petro Limited (GIPL) for two major IT projects in Gujarat. The 36-month…

IT / Telecommunications
ContractGovernment

Dev information technology · client: RajCOMP Info Services

Dev Information Technology (DEVIT) has secured a significant work order from RajCOMP Info Services, a Government of Rajasthan undertaking. The project, titled ‘Portal Websites’, involves…

Government
LaunchSaksham Cloud

Ishan technologies

Ishan Technologies, a leading ICT and digital connectivity platform, has announced the launch of Saksham Cloud, a sovereign and compliance-driven cloud platform designed exclusively for…

Cloud platform
LaunchIoT-enabled ERP/CRM

Amar infotech

Amar InfoTech is advancing digital transformation with its IoT-enabled ERP and CRM development services, designed to help enterprises in India and worldwide integrate real-time data…

Enterprise Resource Planning / Customer Relationship Management
ContractService

Sattrix information security · client: Na

Sattrix Information Security’s shares gained after the company won an order worth Rs. 40.95 lakh for providing Managed SOC Services and NOC Monitoring Activities.

Stockbroking and financial consulting sector
FundingGrowth capital

Amnex infotechnologies

Amnex Infotechnologies gets INR 460 crore growth capital from Bharat Value Fund

Investors Bharat Value Fund
Wealth Company Asset Management / AI/IoT/GIS
Launch

Azilen technologies

Azilen Technologies, a global product engineering company, today announced the successful integration of OpenAI's advanced language models into its digital platforms.

ContractSupply

Amd · client: Ishan technologies

Ishan Technologies has selected 4th Gen AMD EPYC processors to power its Tier-3 Mumbai Data Center.

Cloud Infrastructure
ContractService

Ace software exports · client: Na

Ace Software Exports Limited has received a contract for the development of the EV Charging Application from a leading EV Solutions Company based in the United States of America for an…

Technology
LaunchAgentic AI services

Fusion Informatics

Fusion Informatics, a leading digital transformation partner, has announced the expansion of its Agentic AI services, specifically tailored to help Small and Mid-sized Businesses (SMBs)…

M&AAcquisition · Announced

BetMakers MTS, LLC (BetMakers LLC) acquires Protocol Zone

BetMakers Technology Group has announced that its subsidiary, BetMakers MTS, LLC (BetMakers LLC), has acquired intellectual property and software (together the IP) from Protocol Zone…

LaunchIshan CXConnect

Ishan technologies

Ishan Technologies has launched its Contact Center as a Service (CCaaS) solution, Ishan CXConnect, in collaboration with Oracle.

Contact Center as a Service (CCaaS)
M&AAcquisition · Completed

Saint capital fund acquires Dev information technology

Multibagger stock: Dev Information Technology Ltd has seen Mauritius-based Foreign Portfolio investor Saint Capital Fund buying stake in it . The FPI stake was reflected in the…

It services companies in Gujarat, by revenue

Browse it services companies in Gujarat 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 267 it services companies in Gujarat 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 software & AI development, cloud, cyber security, and engineering consulting services

Manufacturing services
₹10,880.10 crFY 2024-25
+10%2024–2025
41,463-6% 12 mo to Nov 2023LinkedIn · Jul 2026
14 yr2012
1postings · last posted Jul 2026

Provider of IT infrastructure services

It services
₹1,315.78 crFY 2024-25
+28%2024–2025
178LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of structured cabling solutions, network infrastructure, and data center services

It services
₹767.08 crFY 2024-25
+44%2024–2025
—Not available
24 yr2002
0none in 3 months

Provider of precision agriculture solutions

It services
₹707.65 crFY 2024-25
+164%2024–2025
927+4% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

Provider of data analytics, cybersecurity, devOps, and MLOps solutions

It services
₹639.25 crFY 2024-25
+11%2024–2025
720+110% 12 mo to May 2022recorded May 2022
13 yr2013
4postings · last posted Jul 2026

Provider of IT enterprise solutions and product distribution

It services
₹562.79 crFY 2024-25
+29%2024–2025
38LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provides application development services

It services
₹291.71 crFY 2024-25
+28%2024–2025
1,969LinkedIn · Jul 2026
34 yr1992
3postings · last posted Sep 2026

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

Hr services
₹266.94 crFY 2024-25
Not reported
601-16% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Provider of IT solutions for businesses

It services
₹230.14 crFY 2024-25
+12%2024–2025
1,362+11% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
16postings · last posted Sep 2026

Mobile and web application development

It services
₹194.48 crFY 2024-25
+1%2024–2025
899-3% 12 mo to Aug 2024recorded Aug 2024
27 yr1999
8postings · last posted Sep 2026

Provider of digital transformation, IT managed, cloud, and other services

It services
₹183.91 crFY 2024-25
Not reported
638+89% 12 mo to Aug 2024recorded Aug 2024
29 yr1997
0none in 3 months

Provider of customized printing solutions, including business cards, banners, and marketing materials

It services
₹179.65 crFY 2024-25
-3%2024–2025
—Not available
23 yr2003
0none in 3 months

Provider of data analytics, AI development, supply chain, and other services

It services
₹173.99 crFY 2024-25
+6%2024–2025
51recorded
34 yr1992
0none in 3 months

Provider of web application development, business intelligence, digital marketing, and other services

It services
₹169.24 crFY 2024-25
+144%2024–2025
45+125% 12 mo to Jul 2024recorded Jul 2024
17 yr2009
7postings · last posted Sep 2026

Provider of business strategy, advisory, operational, technology, healthcare, and other consulting services

Digital transformation services
₹158.68 crFY 2024-25
+3%2024–2025
351-1% 12 mo to Jul 2024LinkedIn · Jul 2026
26 yr2000
6postings · last posted Aug 2026

Provider of IT services suite solutions

Iot services
₹154.70 crFY 2024-25
+8%2024–2025
436LinkedIn · Jul 2026
20 yr2006
2postings · last posted Sep 2026

Technology company that specializes in infrastructure, engineering, and technology solutions

It services
₹150.54 crFY 2024-25
+30%2024–2025
41LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Mar 2026

IT Services & Solutions Company

It services
₹144.26 crFY 2024-25
+70%2024–2025
427+31% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
0none in 3 months

Provider of business process outsourcing, IT outsourcing, and HR services

It services
₹134.02 crFY 2024-25
+8%2024–2025
669LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider on software development services

It services
₹117.63 crFY 2024-25
+8%2024–2025
168-0% 12 mo to Sep 2024LinkedIn · Jul 2026
31 yr1995
1postings · last posted Sep 2026

Provider of software outsourcing services

Bpo services
₹106.91 crFY 2023-24
+48%2023–2024
697+7% 12 mo to Jul 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jun 2026

Provider of IT service suite solutions and hardware distribution services

It services
₹92.44 crFY 2021-22
Not reported
9-18% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months

Enterprise Software & Application Development Company

It services
₹87.44 crFY 2024-25
+15%2024–2025
543-43% vs previous recordLinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted May 2025

Services related to development of websites, mobile applications and custom applications.

Iot services
₹76.24 crFY 2021-22
Not reported
500recorded
19 yr2007
0none in 3 months

Provider of IT service suite solutions

It services
₹74.80 crFY 2021-22
Not reported
58+100% 12 mo to Mar 2022LinkedIn · Jul 2026
17 yr2009
0none in 3 months · last posted Jun 2026
50 of 1,881 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,881 it services companies in Gujarat on Radar

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

Open it services in Gujarat on Radar
  • Every company, not just 50All 1,881 it services companies in Gujarat, 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 IT services companies in Gujarat by what you are looking for

Browse top IT services companies in Gujarat, from software development firms to IT consulting and managed services providers. You can also find IT services startups in Gujarat and IT services companies hiring in Gujarat.

9 ways to explore it services in Gujarat

Digital marketing & web development companiesSoftware & mobile app development companiesIoT services & development companiesERP implementation & consulting companiesAI & digital transformation servicesBlockchain, AR/VR & gaming development

Digital marketing & web development companies

Agencies offering digital marketing, SEO and website development.

  1. X-Byte

    Provider of application development services

    Iot services
    Website
  2. iFlair

    Provider of application development and digital marketing services

    It services
    Website
  3. Techcronus

    Provider of web hosting, domain registration, and VPS services

    Blockchain services
    Website
  4. PMEntire

    Provider of IT service suite solutions and digital marketing services

    It services
    Website
  5. Zestard

    Provider of advertising, web & mobile development, SEO, and other services

    E-commerce support services
    Website

Software & mobile app development companies

Companies building custom software, web and mobile apps.

  1. AIRAN

    Provider on software development services

    It services
    See in list
  2. OpenXcell

    Provider of software development services

    Ai services
    See in list
  3. DRC Systems

    Software development services

    It services
    See in list
  4. Ajmera Infotech

    Provider of application development services

    It services
    See in list
  5. Solutions Enterprise

    Provider of software development, consulting, security, and other services

    It services
    See in list

IoT services & development companies

Providers of IoT development services and connected solutions.

  1. HyperLink Infosystem

    Services related to App development, IoT, Game development, AI&ML, Blockchain and DevOps is provided by the company

    Iot services
    See in list
  2. Synoverge

    Provider of IT services suite solutions, digital transformation, and IOT services

    It services
    Website
  3. smartSense Consulting Solutions

    Provider of generative AI and IoT solutions

    Iot services
    Website
  4. Samptel

    Provider of application development, IoT, cloud computing, and consulting services

    It services
    Website
  5. Latitude Technolabs

    Services related to the development of custom web-based applications for mobiles and desktops

    Iot services
    Website

ERP implementation & consulting companies

Firms that implement and support ERP software.

  1. Riddhi Corporate

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

    Hr services
    See in list
  2. VC ERP

    Provider of software development services

    Erp services
    See in list
  3. Emipro Technologies

    Provider of Odoo ERP solutions

    Erp services
    Website
  4. Sarvadhi

    Customised ERP Development & Implementation Solutions.

    It services
    Website
  5. Finbyz Tech

    Provider of software development, analytics, ERP, and other services

    Erp services
    Website

AI & digital transformation services

Companies offering AI solutions and digital transformation.

  1. Dev IT

    Provider of digital transformation, IT managed, cloud, and other services

    It services
    See in list
  2. Prakash Infotech

    Provider of artificial intelligence, software, and digital transformation solutions

    Ai services
    Website
  3. Synoverge

    Provider of IT services suite solutions, digital transformation, and IOT services

    It services
    Website
  4. Kernshell

    Provider of bespoke software solutions and digital transformation services

    Marketing services
    Website
  5. Pyther Innovations

    Provider of diversified application development services

    Iot services
    Website

Blockchain, AR/VR & gaming development

Studios building blockchain, AR/VR and game solutions.

  1. HyperLink Infosystem

    Services related to App development, IoT, Game development, AI&ML, Blockchain and DevOps is provided by the company

    Iot services
    See in list
  2. X-Byte

    Provider of application development services

    Iot services
    Website
  3. Ais Technolabs

    Provider of IT, Marketing, Gaming, and AR/VR services

    It services
    Website
  4. InteractiveWarriors Studio

    Developer of interactive digital experiences for mobile and AR/VR platforms

    Services for gaming
    Website
  5. IndianAppDevelopers

    Provider of custom mobile and web application development services

    Services for gaming
    Website

IT services startups in Gujarat

Recently founded IT services companies in Gujarat.

  1. Welspun GCC

    Provider of business process outsourcing, IT outsourcing, and HR services

    It services
    See in list
  2. Serenetic Software

    Provider of web & mobile application development services

    It services
    Website
  3. Zerolite

    Company that offers consulting, designing, and implementing software solutions

    It services
    Website
  4. Silicon Signals

    Provider of IT services for businesses

    It services
    Website
  5. Forensic CyberTech

    Provider of digital forensics and cybersecurity services

    It services
    Website
65 companies in Gujarat

IT services companies hiring in Gujarat

IT services companies in Gujarat with open roles.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. Amnex

    Provider of precision agriculture solutions

    It services
    See in list
  3. Crest Data Systems

    Provider of data analytics, cybersecurity, devOps, and MLOps solutions

    It services
    See in list
  4. Silver Touch

    Provides application development services

    It services
    See in list
  5. Riddhi Corporate

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

    Hr services
    See in list
49 companies in Gujarat

Listed IT services companies in Gujarat

Publicly traded IT services companies in Gujarat.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. Silver Touch

    Provides application development services

    It services
    See in list
  3. Riddhi Corporate

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

    Hr services
    See in list
  4. Dev IT

    Provider of digital transformation, IT managed, cloud, and other services

    It services
    See in list
  5. Sahana System

    Provider of web application development, business intelligence, digital marketing, and other services

    It services
    See in list
16 companies in Gujarat
Mobile reach

Top 10 it services apps from Gujarat

The most-installed Android apps published by it services companies headquartered in Gujarat — 125.5M installs between them. 335 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

StoryBit: Reels & Story Maker

by Nucleus Lab

Installs22.6M
Rating4.1889K ratings
Installs, year on year+91%
Last updatedMay 2026
View on Google Play ↗
StoryBit: Reels & Story Maker screenshot 1StoryBit: Reels & Story Maker screenshot 2StoryBit: Reels & Story Maker screenshot 3StoryBit: Reels & Story Maker screenshot 4StoryBit: Reels & Story Maker screenshot 5StoryBit: Reels & Story Maker screenshot 6
2

Flyer, Poster & Graphic Design

by Technozer Solution

Installs20.3M
Rating4.28115K ratings
Installs, year on year+27%
Last updatedOct 2025
View on Google Play ↗
Flyer, Poster & Graphic Design screenshot 1Flyer, Poster & Graphic Design screenshot 2Flyer, Poster & Graphic Design screenshot 3Flyer, Poster & Graphic Design screenshot 4Flyer, Poster & Graphic Design screenshot 5Flyer, Poster & Graphic Design screenshot 6
3

Indian Cooking Star: Chef Game

by The App Guruz

Installs18.8M
Rating4.6135K ratings
Installs, year on year+6%
Last updatedMay 2026
View on Google Play ↗
Indian Cooking Star: Chef Game screenshot 1Indian Cooking Star: Chef Game screenshot 2Indian Cooking Star: Chef Game screenshot 3Indian Cooking Star: Chef Game screenshot 4Indian Cooking Star: Chef Game screenshot 5Indian Cooking Star: Chef Game screenshot 6
4

GPS Map Camera Lite: Geo Stamp

by Susamp Infotech

Installs14.3M
Rating4.0827K ratings
Installs, year on year+48%
Last updatedApr 2026
View on Google Play ↗
GPS Map Camera Lite: Geo Stamp screenshot 1GPS Map Camera Lite: Geo Stamp screenshot 2GPS Map Camera Lite: Geo Stamp screenshot 3GPS Map Camera Lite: Geo Stamp screenshot 4GPS Map Camera Lite: Geo Stamp screenshot 5GPS Map Camera Lite: Geo Stamp screenshot 6
5

Baby Phone - Kids Mobile Games

by skenix infotech

Installs10.0M
Rating3.397K ratings
Installs, year on year+21%
Last updatedApr 2026
View on Google Play ↗
Baby Phone - Kids Mobile Games screenshot 1Baby Phone - Kids Mobile Games screenshot 2Baby Phone - Kids Mobile Games screenshot 3Baby Phone - Kids Mobile Games screenshot 4Baby Phone - Kids Mobile Games screenshot 5Baby Phone - Kids Mobile Games screenshot 6
7

TrustContact-Caller ID & Block

by AppSense Digital

Installs9.2M
Rating4.62132K ratings
Installs, year on year+500%
Last updatedMar 2026
View on Google Play ↗
TrustContact-Caller ID & Block screenshot 1TrustContact-Caller ID & Block screenshot 2TrustContact-Caller ID & Block screenshot 3TrustContact-Caller ID & Block screenshot 4TrustContact-Caller ID & Block screenshot 5TrustContact-Caller ID & Block screenshot 6
8

Video Converter

by Vidsoftlab

Installs7.9M
Rating4.4381K ratings
Installs, year on year+8%
Last updatedNov 2025
View on Google Play ↗
Video Converter screenshot 1Video Converter screenshot 2Video Converter screenshot 3Video Converter screenshot 4Video Converter screenshot 5Video Converter screenshot 6
9

Gallery Vault

by Viskysolution

Installs7.3M
Rating3.9366K ratings
Installs, year on year+7%
Last updatedNov 2025
View on Google Play ↗
Gallery Vault screenshot 1Gallery Vault screenshot 2Gallery Vault screenshot 3Gallery Vault screenshot 4Gallery Vault screenshot 5Gallery Vault screenshot 6
10

3D Photo Cube Live Wallpaper

by Stalwart Softtech

Installs5.3M
Rating4.096K ratings
Installs, year on year+4%
Last updatedSep 2025
View on Google Play ↗
3D Photo Cube Live Wallpaper screenshot 13D Photo Cube Live Wallpaper screenshot 23D Photo Cube Live Wallpaper screenshot 33D Photo Cube Live Wallpaper screenshot 43D Photo Cube Live Wallpaper screenshot 53D Photo Cube Live Wallpaper screenshot 6
The business behind the activity

It services financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 261 it services companies in Gujarat for FY24-25 — 294 of the 1,881 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 68% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹19,213.01 cr

261 companies filing accounts

combined net profit₹2,204.39 cr

11.5% aggregate margin

are profitable82%

213 of 261 companies

median revenue~₹6.4 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five68%

revenue concentration

Six-year view

Combined revenue of filing companies

₹8,395.15 crFY19-20208 filers
₹8,574.40 crFY20-21226 filers
₹10,671.08 crFY21-22243 filers
₹14,155.39 crFY22-23257 filers
₹16,702.01 crFY23-24264 filers
₹19,213.01 crFY24-25261 filers

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

Like-for-like

The same 237 companies over three years

+32%
FY22-23₹13,961.53 cr₹1,696.21 cr net
FY23-24₹16,194.23 cr₹1,976.18 cr net
FY24-25₹18,428.57 cr₹2,036.12 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 cr5042% profitable
₹1–10 cr10384% profitable
₹10–100 cr9097% profitable
₹100–1,000 cr16100% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking72
0–20%80
20–50%61
50–100%26
Doubled+14

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

Profitability

Profit is concentrated at the top

213profitable
46loss-making
11.5%aggregate margin
3.4%median margin

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

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
SoftvanSOFTVAN LIMITED
Kody TechnolabKody Technolab Limited
AmnexAMNEX INFOTECHNOLOGIES PRIVATE LIMITED+164%₹707.77 cr
Tech Defence LabsTECHD CYBERSECURITY LIMITED+119%₹30.23 cr
NSTNST PRIVATE LIMITED
Sahana SystemSahana System Limited+105%₹110.18 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AppleTechAPPLETECH PRIVATE LIMITED53.8%
Crest Data SystemsCREST DATA SYSTEMS PRIVATE LIMITED46.2%₹559.71 cr
VeloxcoreVELOXCORE PRIVATE LIMITED42.8%₹12.86 cr
Maruti TechlabsMARUTI TECHLABS PRIVATE LIMITED
NaapBooksNAAPBOOKS LIMITED36.1%₹12.42 cr
OpenXcellOPENXCELL TECHNOLABS PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services203₹8,501.71 cr~₹7.8 cr82%10.4%
Iot services12₹177.17 cr~₹5.1 cr83%11.5%
Ai services5₹152.65 cr~₹29.0 cr100%25.2%
Erp services12₹82.60 cr~₹1.8 cr83%12.1%
Marketing services11₹37.04 cr~₹2.6 cr91%4.8%
Leaders

Largest it services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
L&T Technology ServicesL&T TECHNOLOGY SERVICES LIMITED₹9,744.30 cr₹1,220.90 cr12.5%+10%
ArMee InfotechARMEE INFOTECH LIMITED₹1,296.40 cr₹41.25 cr3.2%+29%
Classic NetworkCLASSIC NETWORK PRIVATE LIMITED₹767.08 cr₹14.69 cr1.9%+44%
AmnexAMNEX INFOTECHNOLOGIES PRIVATE LIMITED₹707.77 cr₹167.09 cr23.6%+164%
Aegis Info WareAEGIS INFOWARE LIMITED₹562.79 cr₹7.51 cr1.3%+29%
Crest Data SystemsCREST DATA SYSTEMS PRIVATE LIMITED₹559.71 cr₹258.71 cr46.2%+10%
Earth SyscomEARTH SYSCOM PRIVATE LIMITED₹467.55 cr₹1.56 cr-14%
Silver TouchSILVER TOUCH TECHNOLOGIES LIMITED₹269.68 cr₹22.69 cr8.4%+29%
Riddhi CorporateRIDDHI CORPORATE SERVICES LIMITED₹266.94 cr₹13.55 cr5.1%+55%
Ishan TechnologiesISHAN NETSOL PRIVATE LIMITED₹230.14 cr₹11.84 cr5.1%+12%
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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

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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

It services funding and M&A across India

429 recorded equity rounds have gone to 13,925 it services companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months4

US$19.69m

equity rounds, last 24 months26

US$127.82m

raised over five yearsUS$626.37m

123 rounds in India

M&A deals, Gujarat8

last 24 months

Capital by year

Equity funding into it services in India

amount rounds
$218m201833
$134m201932
$3.7m202017
$221m202128
$182m202233
$48m202320
$59m202423
$106m202517
$11m20262

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$220.64m across 28 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$20.40m32 rounds · median US$105k
SeedUS$53.07m61 rounds · median US$479k
Series AUS$184.93m20 rounds · median US$4.70m
Series BUS$67.96m6 rounds · median US$12.50m
Series D+US$300.00m2 rounds · median US$150.00m
Where the money went · five years

Most-funded sub-sectors

It servicesUS$499.22m85 rounds · 60 companies
Digital transformation servicesUS$54.74m10 rounds · 7 companies
Erp servicesUS$41.00m2 rounds · 1 companies
Management consulting servicesUS$15.86m5 rounds · 4 companies
Ai servicesUS$13.69m7 rounds · 6 companies
Blockchain servicesUS$1.10m2 rounds · 1 companies
Semiconductor design and manufacturing servicesUS$323k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in Gujarat

8Acquisition

Most active acquirers

  1. L&t technology services2
  2. Ace software exports1
  3. Byte technosys private limited1
  4. AMI Paradigm Solutions Private Limited (AMIPS)1
  5. Xduce Technologies1

Most acquired or merged

  1. Dev information technology2
  2. QeLearn (Formerly known as Theia Education)1
  3. Dev it1
  4. L&t technology services1
  5. Protocol Zone1

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

It services funding in Gujarat

13 it services companies in Gujarat have recorded equity funding, US$82.89m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind it services companies in Gujarat. 318 of 1,881 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat it services companies by sub-sector

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

Keep exploring it services in India and nearby markets.

Coming soon