Company lists
The India edition · 2026

It servicescompanies in India

Software development, IT consulting, managed IT & support, AI, IoT & blockchain, ERP services and more: the companies building it services in India, with their founders, funding, team size and business models.

12,854 company profiles3,534 with reported revenue159 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent it services business events in India

Funding, M&A, contract wins and launches involving 13,925 it services companies in India, last 24 months: 331 Contracts · 180 M&A deals · 116 launches · 33 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
ContractMaintenance

Takyon Networks · client: Hindustan aeronautics

Takyon Networks has received a work order worth of Rs 60.50 lakh from Hindustan Aerinautics (HAL) for the purpose of Comprehensive Annual Maintenance Contract.

ContractService

B2b software technologies · client: Learnovate

B2B Software Technologies has secured a work order worth USD 1,62,754 from Learnovate Technologies Limited for the implementation of Microsoft Dynamics 365 Business Central ERP.

Software
ContractTechnology

Canarys · client: Linkedin

Canarys Automations said its wholly owned subsidiary, Canarys Corp, has secured a contract from LinkedIn Corporation to develop, deploy and maintain a Power Platform-based marketing…

Technology
ContractService

Infosys · client: DNB Bank ASA

As the systems integration partner, Infosys will lead the end-to-end modernization of DNB's FinCrime technology landscape, including enterprise architecture design, platform integration,…

Financial Services
ContractSupply

Redington · client: Garuda aerospace

AMS Legal also advised on a distribution agreement with Redington Limited for the distribution of Garuda Aerospace products within India.

Drone 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
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
LaunchMphasis Tria

Mphasis

Mphasis has launched Mphasis Tria, an artificial intelligence platform for enterprise decision-making and execution.

Artificial intelligence
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
ContractService

Tata consultancy services · client: Skf

Tata Consultancy Services has won a global contract from SKF to support an AI-led business transformation programme.

IT services
M&AAcquisition · Completed

Hexaware technologies acquires Consulting Professionals Services Holdings Limited

and Hexaware Technologies bought the UK- and UAE-based consulting firm Consulting Professionals Services Holdings Limited in a deal valued at up to 11 million pounds.

Consulting
M&AAcquisition · Announced

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

Ntt data acquires Winwire

NTT DATA strengthens its AI and Microsoft cloud capabilities by acquiring WinWire, enhancing its ability to deliver scalable AI solutions for enterprises.

AI
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
M&AAcquisition · Announced

Latice acquires Ami

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

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

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
M&AAcquisition · Announced

Blue cloud softech solutions acquires Global

Blue Cloud Softech Solutions has approved a strategic Rs. 372.81 crores acquisition of Global Impx Inc through preferential share issue, gaining access to 196.7 acres in Odisha for…

Technology
M&AAcquisition · Completed

Infosys acquires Optimum healthcare it

Infosys completed the acquisition of Optimum Healthcare IT, a digital transformation and consulting firm focused on healthcare providers.

Healthcare IT Consulting
ContractInfrastructure

Dynacons Systems & Solutions · client: Reserve bank of india

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

Banking
ContractService

Dynacons Systems & Solutions · client: Punjab & sind bank

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

Technology
M&AAcquisition · Announced

Empower india acquires MABIL

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

ContractSupply

Iris global services · client: Sheeltron Digital Systems

In a major boost to India's enterprise compute landscape, Iris Global Services has successfully executed a Rs 18 crore deployment of HP Inc. infrastructure to Bengaluru-based Sheeltron…

LaunchNTT DATA Software Defined Infrastructure (SDI) Services Agent

Ntt data

NTT DATA, a global leader in AI, digital business and technology services, recently announced the launch of NTT DATA Software Defined Infrastructure (SDI) Services Agent, a…

Infrastructure Services
LaunchNeuralis

Sterlite Technologies

Sterlite Technologies Ltd (STL), through its US subsidiary STL Optical Connectivity NA, LLC (STLOC), has announced the launch of ‘Neuralis’, its next-generation data center connectivity…

Data center connectivity portfolio
M&AAcquisition · Announced

Mphasis acquires Theory and Practice Business Intelligence Inc.

Mphasis announced today, its acquisition of Theory and Practice Business Intelligence Inc. (TAP).

Technology
M&AAcquisition · Completed

Airtrunk acquires Lumina cloudinfra

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

Data centers
ContractTechnology

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

Naver · client: Tata consultancy services

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

Technology

It services companies in India, by revenue

Browse it services companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 3,534 it services companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

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

It services
₹245,315.00 crFY 2023-24
Not reported
715,834+12% 12 mo to Jul 2024LinkedIn · Jul 2026
58 yr1968
0none in 3 months

Provider of digital marketing, data analytics, and IT services

It services
₹166,590.00 crFY 2024-25
+5%2024–2025
370,844-7% 12 mo to May 2024LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Provider of mobile application development, data management, and cloud services

It services
US$16.05bnFY 2023-24
-6%2023–2024
16,683recorded
5 yr2021
305postings · last posted Sep 2026

Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services

It services
₹111,408.00 crFY 2023-24
Not reported
256,338+2% 12 mo to Jul 2024LinkedIn · Jul 2026
50 yr1976
0none in 3 months

Provider of business process management, financial and logistics services

It services
₹99,561.72 crFY 2024-25
+11%2024–2025
5,522+15% 12 mo to Jul 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Provider of mobile application development, cloud management, data analytics, and IT consulting services

It services
₹92,391.10 crFY 2023-24
Not reported
271,641-6% 12 mo to Jul 2024LinkedIn · Jul 2026
81 yr1945
0none in 3 months

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

Bpo services
₹53,843.70 crFY 2024-25
+2%2024–2025
110,240recorded Aug 2024
40 yr1986
0none in 3 months

IT Services and Solutions provider

It services
₹38,997.80 crFY 2024-25
+8%2024–2025
20,959+2% 12 mo to Sep 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of IT and consulting services

It services
₹36,218.90 crFY 2023-24
Not reported
57,422-1% 12 mo to Aug 2024recorded Aug 2024
30 yr1996
56postings · last posted Sep 2026

Network operations and consultancy services for telecom sector

It services
₹23,238.89 crFY 2024-25
+10%2024–2025
5,165-8% 12 mo to Mar 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of software development, cloud management, and IT consulting services

It services
€1.61bnFY 2023-24
+13%2023–2024
2,500+154% vs previous recordrecorded
26 yr2000
636postings · last posted Sep 2026

Provider of end-to-end engineering, IT, and business solutions

Iot services
₹12,676.90 crFY 2024-25
+7%2024–2025
25,396-1% 12 mo to Jul 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months · last posted May 2026

Provider of IT consulting and BPO services

Digital transformation services
₹12,049.30 crFY 2023-24
+16%2023–2024
36,270+11% vs previous recordLinkedIn · Jul 2026
36 yr1990
12postings · last posted Sep 2026

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

Management consulting services
₹12,076.87 crFY 2024-25
+21%2024–2025
29,079LinkedIn · Jul 2026
36 yr1990
143postings · last posted Sep 2026

Provider of 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 consulting and software development services

It services
₹10,228.40 crFY 2024-25
+17%2024–2025
4,881-3% 12 mo to Aug 2024recorded Aug 2024
40 yr1986
0none in 3 months

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

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

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

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

Provider of managed IT services

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

Provider of optical fibre network

It services
₹5,535.00 crFY 2023-24
Not reported
6,467-84% vs previous recordLinkedIn · Jul 2026
38 yr1988
0none in 3 months · last posted May 2026

IT services, engineering services and BPO services

It services
₹4,951.00 crFY 2022-23
Not reported
15,312-4% 12 mo to Mar 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of design and technology services across various industry verticals

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

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

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

Provider of IT suite solutions

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

Provider of website, web & mobile application development, BI, and digital marketing services

It services
₹2,794.95 crFY 2024-25
+24%2024–2025
1,633-8% 12 mo to Nov 2023LinkedIn · Jul 2026
19 yr2007
1postings · last posted Aug 2026
50 of 12,854 companies shown here · the full list is on Radar
Fliar Radar

Explore all 12,854 it services companies in India on Radar

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

Open it services in India on Radar
  • Every company, not just 50All 12,854 it services companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore IT services companies in India by what you are looking for

Browse the top IT services companies in India, from software development and IT consulting to managed IT services. Find the best IT services company in India by service type, or IT support and digital transformation providers.

9 ways to explore it services in India

Software & application development companiesIT consulting & digital transformation companiesManaged IT services & IT support companiesAI, IoT & blockchain services companiesERP implementation & enterprise IT companiesBPO & digital marketing services companies

Software & application development companies

Companies building custom software, web and mobile apps.

  1. Kyndryl

    Provider of mobile application development, data management, and cloud services

    It services
    See in list
  2. NTT DATA

    Provider of software development, cloud management, and IT consulting services

    It services
    See in list
  3. Bosch Global Software Technologies

    Provider of end-to-end engineering, IT, and business solutions

    Iot services
    See in list
  4. L&T Technology Services

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

    Manufacturing services
    See in list
  5. Sonata

    Provider of IT consulting and software development services

    It services
    See in list

IT consulting & digital transformation companies

IT consulting, advisory and digital transformation service providers.

  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. L&T Technology Services

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

    Manufacturing services
    See in list
  4. Tata Elxsi

    Provider of design and technology services across various industry verticals

    It services
    See in list
  5. Team Computers

    Provider of IT suite solutions

    It services
    See in list

Managed IT services & IT support companies

Providers of managed IT, IT support, hosting and IT operations.

  1. Dynacons System & Solutions

    Provider of IT infrastructure solutions and services

    It services
    See in list
  2. Inmac

    Provider of IT services and solutions

    It services
    See in list
  3. Syndrome

    Provider of enterprise technologies, communication infrastructure and digital automation

    It services
    Website
  4. Sigma B te Computers Private Limited

    Provider of ICT and ELV infrastructure solutions

    It services
    Website
  5. Sigmaworld

    Provider of IT infrastructure, management, and software solutions

    It services
    Website

AI, IoT & blockchain services companies

Companies offering AI development, IoT solutions and blockchain services.

  1. Amnex

    Provider of precision agriculture solutions

    It services
    Website
  2. ValueLabs

    Provider of AI development and cybersecurity services

    Ai services
    Website
  3. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    Website
  4. Celebal Technologies

    Provider of Data & AI solutions

    Digital transformation services
    Website
  5. Appinventiv

    Developer of AI-led, cloud-native systems at enterprise scale

    Blockchain services
    Website

ERP implementation & enterprise IT companies

ERP, SAP and Salesforce implementation and enterprise IT solutions providers.

  1. Kellton

    Provider of software development, ERP, and IT consulting services

    It services
    See in list
  2. Kaar Technologies

    Consulting firm specializing in digital transformation and SAP expertise

    Erp services
    Website
  3. Riddhi Corporate

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

    Hr services
    Website
  4. InfraBeat

    Provider of AI, cloud consulting, and ERP services

    Erp services
    Website
  5. Virtual Galaxy Infotech

    Provider of ERP software services

    It services
    Website

BPO & digital marketing services companies

Business process outsourcing and digital marketing service providers.

  1. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
  2. Firstsource

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

    Bpo services
    See in list
  3. PHN Technology

    Provider of STEM education solutions for schools and colleges

    It services
    Website
  4. CES Group

    Provider of farm monitoring and management, IT consulting , and BPO services

    It services
    Website
  5. Virinchi Technologies

    Provider of BPO services for IT, health, and finance sector

    Bpo services
    Website

IT services startups in India

Recently founded IT services and software companies.

  1. Kyndryl

    Provider of mobile application development, data management, and cloud services

    It services
    See in list
  2. Hoerbiger

    Provider of IT solutions and services, including global IT infrastructure support, manual testing services, and design customized CAD automation solutions

    It services
    Website
  3. Adani Digital Labs

    Provider of UX/UI & web design, application development and digital marketing services

    Marketing services
    Website
  4. Dhanyaayai

    Provider of cloud, database, and security services

    It services
    Website
  5. Welspun GCC

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

    It services
    Website
874 companies in India

IT services companies hiring in India

IT services companies with open roles right now.

  1. Kyndryl

    Provider of mobile application development, data management, and cloud services

    It services
    See in list
  2. LTIMindtree

    Provider of IT and consulting services

    It services
    See in list
  3. NTT DATA

    Provider of software development, cloud management, and IT consulting services

    It services
    See in list
  4. Bosch Global Software Technologies

    Provider of end-to-end engineering, IT, and business solutions

    Iot services
    See in list
  5. Hexaware

    Provider of IT consulting and BPO services

    Digital transformation services
    See in list
59 companies in India

Listed IT services companies in India

Publicly listed IT services companies.

  1. TCS

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

    It services
    See in list
  2. Infosys

    Provider of digital marketing, data analytics, and IT services

    It services
    See in list
  3. Kyndryl

    Provider of mobile application development, data management, and cloud services

    It services
    See in list
  4. HCL Technologies

    Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services

    It services
    See in list
  5. Redington

    Provider of business process management, financial and logistics services

    It services
    See in list
171 companies in India
Mobile reach

Top 10 it services apps from India

The most-installed Android apps published by it services companies headquartered in India — 337.3M installs between them. 1,488 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

AppLock - Fingerprint

by SP Soft Mobile

Installs90.3M
Rating4.34965K ratings
Installs, year on year+7%
Last updatedFeb 2025
View on Google Play ↗
AppLock - Fingerprint screenshot 1AppLock - Fingerprint screenshot 2AppLock - Fingerprint screenshot 3AppLock - Fingerprint screenshot 4AppLock - Fingerprint screenshot 5
2

LightX AI Photo Editor Retouch

by AndOr

Installs52.0M
Rating4.24502K ratings
Last updatedMay 2026
View on Google Play ↗
LightX AI Photo Editor Retouch screenshot 1LightX AI Photo Editor Retouch screenshot 2LightX AI Photo Editor Retouch screenshot 3LightX AI Photo Editor Retouch screenshot 4LightX AI Photo Editor Retouch screenshot 5LightX AI Photo Editor Retouch screenshot 6
3

AudioLab Audio Cutter & Editor

by HitroLab

Installs38.6M
Rating4.65329K ratings
Last updatedMay 2026
View on Google Play ↗
AudioLab Audio Cutter & Editor screenshot 1AudioLab Audio Cutter & Editor screenshot 2AudioLab Audio Cutter & Editor screenshot 3AudioLab Audio Cutter & Editor screenshot 4AudioLab Audio Cutter & Editor screenshot 5AudioLab Audio Cutter & Editor screenshot 6
5

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
6

2026 Calendar

by Nithra Apps

Installs20.9M
Rating4.36231K ratings
Last updatedMay 2026
View on Google Play ↗
2026 Calendar screenshot 12026 Calendar screenshot 22026 Calendar screenshot 32026 Calendar screenshot 42026 Calendar screenshot 52026 Calendar screenshot 6
7

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
8

Live Mobile Number Tracker

by Zinn App Studio

Installs20.2M
Rating2.8822K ratings
Installs, year on year+6%
Last updatedMay 2026
View on Google Play ↗
Live Mobile Number Tracker screenshot 1Live Mobile Number Tracker screenshot 2Live Mobile Number Tracker screenshot 3Live Mobile Number Tracker screenshot 4Live Mobile Number Tracker screenshot 5Live Mobile Number Tracker screenshot 6
9

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
10

PGT: GFX, Launcher & Optimizer

by Trilokia

Installs15.7M
Rating4.46188K ratings
Installs, year on year+9%
Last updatedJan 2026
View on Google Play ↗
PGT: GFX, Launcher & Optimizer screenshot 1PGT: GFX, Launcher & Optimizer screenshot 2PGT: GFX, Launcher & Optimizer screenshot 3PGT: GFX, Launcher & Optimizer screenshot 4
The business behind the activity

It services financials in India

Revenue, profit and growth from the filed annual accounts of 3291 it services companies in India for FY24-25 — 3,840 of the 12,854 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₹788,904.60 cr

3291 companies filing accounts

combined net profit₹121,507.33 cr

15.4% aggregate margin

are profitable81%

2654 of 3291 companies

median revenue~₹7.7 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five68%

revenue concentration

Six-year view

Combined revenue of filing companies

₹449,374.53 crFY19-202904 filers
₹457,949.83 crFY20-213103 filers
₹568,858.22 crFY21-223226 filers
₹685,367.69 crFY22-233328 filers
₹739,857.58 crFY23-243395 filers
₹788,904.60 crFY24-253291 filers

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

Like-for-like

The same 3000 companies over three years

+16%
FY22-23₹667,135.12 cr₹101,886.02 cr net
FY23-24₹714,038.08 cr₹112,002.77 cr net
FY24-25₹775,958.75 cr₹120,624.42 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 cr65848% profitable
₹1–10 cr118381% profitable
₹10–100 cr114894% profitable
₹100–1,000 cr26297% profitable
Over ₹1,000 cr4095% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking923
0–20%903
20–50%665
50–100%354
Doubled+343

3188 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

2654profitable
633loss-making
15.4%aggregate margin
3.2%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
CyberforceCYBERFORCE DIGITAL PRIVATE LIMITED+801%₹13.02 cr
Future TechnologyFUTURE TECHNOLOGY INDIA PRIVATE LIMITED+795%
Adani Digital LabsADANI DIGITAL LABS LIMITED+739%
NibeNIBE DEFENCE AND AEROSPACE LIMITED+651%₹26.79 cr
CandelaCANDELA ENTERPRISES PRIVATE LIMITED+641%₹23.62 cr
Padrea GlobalPADREA GLOBAL SERVICES LIMITED+636%₹45.68 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NuSummitDEXIT GLOBAL LIMITED236.1%
DefteamDEFTEAM SOLUTIONS PRIVATE LIMITED100.0%₹10.84 cr
LogicLoomLOGICLOOM IT SOLUTIONS PRIVATE LIMITED₹10.74 cr
PronteffPRONTEFF IT SOLUTIONS PRIVATE LIMITED₹89.34 cr
Sits TechSTANDOUT IT SOLUTIONS PRIVATE LIMITED
AppleTechAPPLETECH PRIVATE LIMITED53.8%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services2535₹683,063.37 cr~₹8.9 cr83%16.3%
Bpo services37₹50,372.41 cr~₹8.6 cr73%8.5%
Iot services117₹14,058.21 cr~₹1.8 cr68%10.5%
Management consulting services49₹12,983.46 cr~₹6.2 cr71%9.5%
Manufacturing services6₹9,782.66 cr~₹6.5 cr83%12.5%
Digital transformation services71₹6,600.59 cr~₹13.7 cr76%12.8%
Ai services91₹2,800.98 cr~₹4.9 cr78%7.7%
Erp services129₹2,136.40 cr~₹2.0 cr71%5.6%
Leaders

Largest it services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
TCSTATA CONSULTANCY SERVICES LIMITED₹224,495.00 cr₹48,057.00 cr21.4%+7%
InfosysINFOSYS LIMITED₹141,374.00 cr₹25,568.00 cr18.1%+4%
WiproWIPRO LIMITED₹71,152.60 cr₹10,792.40 cr15.2%+2%
HCL TechnologiesHCL TECHNOLOGIES LIMITED₹52,339.00 cr₹12,266.00 cr23.4%+6%
Tech MahindraTECH MAHINDRA LIMITED₹45,950.20 cr₹3,506.10 cr7.6%+5%
L&T InfotechLTIMINDTREE LIMITED₹37,656.30 cr₹4,446.50 cr11.8%+8%
Bosch Global Software TechnologiesBOSCH GLOBAL SOFTWARE TECHNOLOGIES PRIVATE LIMITED₹12,676.90 cr₹1,378.90 cr10.9%+7%
PersistentPERSISTENT SYSTEMS LIMITED₹11,908.85 cr₹1,155.14 cr9.7%+78%
L&T Technology ServicesL&T TECHNOLOGY SERVICES LIMITED₹9,744.30 cr₹1,220.90 cr12.5%+10%
KyndrylKYNDRYL SOLUTIONS PRIVATE LIMITED₹8,336.77 cr₹672.28 cr8.1%+2%
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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.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full it services landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the it services landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

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 India 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, India180

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 India

173Acquisition
5Merger
2Announced

Most active acquirers

  1. Infosys18
  2. Hexaware technologies11
  3. Ntt data11
  4. Tata consultancy services8
  5. Persistent systems6

Most acquired or merged

  1. Slk software6
  2. Optimum healthcare it3
  3. Genisys group3
  4. Arrka3
  5. Consulting Professionals Services Holdings Limited2

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

It services funding in India

159 it services companies in India have recorded equity funding, US$1.42bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind it services companies in India. 3,188 of 12,854 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India it services companies by sub-sector

The most common specialisations among it services companies in India. 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