Company lists
The Indore edition · 2026

It servicescompanies in Indore

Software & app development, digital marketing & design, blockchain, IoT, AI & data and more: the companies building it services in Indore, Madhya Pradesh, with their founders, funding, team size and business models.

294 company profiles45 with reported revenue1 with recorded fundingOctober 2026 edition
Indore · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent it services business events in Indore

Funding, M&A, contract wins and launches involving 309 it services companies in Indore, last 24 months: 5 M&A deals · 2 funding rounds · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Feb 2026.

Funding

Nestec

© Shutterstock California-based Angeleno Group, an investment firm focused on clean energy and climate solutions companies, recently invested an undisclosed amount in Pen Argyl-based…

Investors Angeleno group
Industrial air pollution control
M&AAcquisition · Completed

Brown & brown acquires Accession

Brown & Brown acquired Accession in a $9.83 billion deal.

M&AAcquisition · Announced

Arbutus acquires Aub group

AUB Group has received a bid from Arbutus (an entity affiliated with EQT AB) (EQT) to acquire 100% of the company, the broker said in a stock exchange announcement.

M&AAcquisition

Brown & brown acquires Accession

However, rising interest rates have slowed some acquirers, leading to increased discipline in acquisition strategies. Despite the reduction in buyers following the sale of NFP to AON…

M&AAcquisition · Announced

GenXAI acquires SoftGrid Computers

GenXAI, a leading AI-powered Enterprise Performance Management (EPM) solution provider, has recently announced the acquisition of SoftGrid Computers Pvt. Ltd., a leader in application…

Application development and web design
M&AMerger · Announced

Aker arctic acquires Bluetech

Aker Arctic, an industry leader for the design of icebreakers and ice-class vessels, has announced it is merging with its long-time ship design partner Bluetech, also from Finland.

Ship design
ContractInfrastructure

Infobeans technologies limited · client: M.P. State Electronics Development Corporation Ltd

Infobeans Technologies Limited, engaged in AI-led design and software solutions for enterprise clients, has secured a domestic contract from M.P. State Electronics Development…

Infrastructure
FundingRights Issue

Sylph technologies

The move is expected to help Sylph Technologies raise funds directly from its existing shareholders and strengthen its equity base.

Investors Shareholders

It services companies in Indore, by revenue

Browse it services companies in Indore by reported revenue, one-year revenue growth, revenue model, age and stage. The 45 companies below are the largest by their most recent reported revenue among 45 it services companies in Indore, Madhya Pradesh 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 45

Software Services Company

It services
₹409.46 crFY 2024-25
+7%2024–2025
2,055+1% 12 mo to Sep 2024LinkedIn · Oct 2026
26 yr2000
49postings · last posted Oct 2026

Provider of mobile & web managed IT Services

It services
₹86.53 crFY 2024-25
+11%2024–2025
372+18% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
1postings · last posted Aug 2026

Cyber security solutions company

It services
₹62.97 crFY 2024-25
+29%2024–2025
98+18% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Apr 2026

Blockchain-based solutions and service provider

Blockchain services
₹47.68 crFY 2024-25
-7%2024–2025
175-50% vs previous recordrecorded
9 yr2017
12postings · last posted Sep 2026

Provider of IT services and consulting with a personalized workflow system for creative masters

It services
₹45.26 crFY 2024-25
+6%2024–2025
65+1% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Web development and IT outsourcing services

It services
₹40.00 crFY 2024-25
-5%2024–2025
155+19% 12 mo to Jul 2024recorded Jul 2024
23 yr2003
1postings · last posted Aug 2026

Big data engineering and visualization services

It services
₹26.48 crFY 2024-25
+2%2024–2025
227-6% 12 mo to Aug 2024LinkedIn · Jul 2026
12 yr2014
1postings · last posted Aug 2026

Provider of web & UI design, branding, and mobile application development services

It services
₹20.59 crFY 2021-22
Not reported
238-11% 12 mo to Oct 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of IT solutions and custom software development

Digital transformation services
₹17.14 crFY 2024-25
+3%2024–2025
271+68% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
1postings · last posted Sep 2026

Provider of custom software product engineering and IT solutions

It services
₹15.21 crFY 2024-25
+0%2024–2025
159-5% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
2postings · last posted Aug 2026

Mobile and web application development

It services
₹14.71 crFY 2024-25
+57%2024–2025
175+5900% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months · last posted Jan 2025

Emorphis provides IT services, business consulting and outsourcing services

It services
₹13.34 crFY 2024-25
+6%2024–2025
145+35% 12 mo to Mar 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Infra & IT solutions provider: Power, Telecom, Civil Engineering, and Information Technology

It services
₹10.98 crFY 2024-25
Not reported
207LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of IT service suite solutions

Erp services
₹9.86 crFY 2024-25
+4%2024–2025
41LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of IT consulting, ERP solutions, and application managed services

Erp services
₹9.41 crFY 2024-25
+10%2024–2025
70LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Application and software development firm

It services
₹9.24 crFY 2024-25
-8%2024–2025
134LinkedIn · Oct 2026
15 yr2011
0none in 3 months · last posted Jul 2026

Provider of cloud, analytics, automation, and other services

It services
₹7.84 crFY 2024-25
+60%2024–2025
106LinkedIn · Jul 2026
6 yr2020
16postings · last posted Oct 2026

Provides application development and digital marketing services

It services
₹6.88 crFY 2024-25
+10224%2024–2025
94LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Provider of data science and analytics services

It services
₹5.21 crFY 2024-25
+32%2024–2025
54-50% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of AI, application development, and cloud and DevOps solutions

Digital transformation services
₹5.05 crFY 2024-25
+9%2024–2025
87+21% 12 mo to Jul 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provides application development services

It services
₹4.94 crFY 2024-25
+31%2024–2025
90LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Provider of custom software and mobile app development services

Iot services
₹4.85 crFY 2024-25
+17%2024–2025
12+0% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
0none in 3 months

Provider of software development, training, and other services

It services
₹4.01 crFY 2021-22
Not reported
22+16% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
—No postings tracked

Provider of mobile application development, IoT, and IT consulting services

It services
₹4.53 crFY 2024-25
-16%2024–2025
70-14% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of IT Services suite solutions

It services
₹4.40 crFY 2024-25
+4%2024–2025
210+23% vs previous recordLinkedIn · Jul 2026
14 yr2012
0none in 3 months
45 of 294 companies shown here · the full list is on Radar
Fliar Radar

Explore all 294 it services companies in Indore on Radar

This page shows the top 45. Radar has the complete, filterable list with contacts and live company signals.

Open it services in Indore on Radar
  • Every company, not just 50All 294 it services companies in Indore, 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.
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Explore IT services companies in Indore by what you are looking for

Browse top IT services companies in Indore, from software and app development firms to blockchain and AI specialists. Find IT services startups in Indore and companies hiring across web, mobile and managed IT services.

8 ways to explore it services in Indore

Software & mobile app development companiesDigital marketing, branding & web design agenciesBlockchain development companiesIoT development companiesAI, data science & analytics services companiesERP & digital transformation companies

Software & mobile app development companies

Firms building custom web, mobile and enterprise applications.

  1. InfoBeans

    Software Services Company

    It services
    See in list
  2. deqode

    Blockchain-based solutions and service provider

    Blockchain services
    See in list
  3. Cyber Infrastructure

    Web development and IT outsourcing services

    It services
    See in list
  4. 47Billion

    Big data engineering and visualization services

    It services
    See in list
  5. LMS Solutions

    Provider of web & UI design, branding, and mobile application development services

    It services
    See in list

Digital marketing, branding & web design agencies

IT companies that combine website design with digital marketing and branding.

  1. Advantal Technologies

    Provider of custom software product engineering and IT solutions

    It services
    See in list
  2. eLEOPARD

    Provider of branding and application development services

    Marketing services
    See in list
  3. Maven Cluster

    Provider of software and app development, UI/UX design, and digital marketing services

    It services
    See in list
  4. ParulSoft

    Provider of IT suite solutions, domain, and digital marketing services

    Domain services
    Website
  5. Hokrix

    Provider of application development services

    It services
    Website

Blockchain development companies

Providers of blockchain, smart contract and NFT development services.

  1. deqode

    Blockchain-based solutions and service provider

    Blockchain services
    See in list
  2. Codes For Tomorrow

    Provider of blockchain, NFT marketplaces & smart contracts development and consulting services

    Blockchain services
    Website
  3. FewerClicks

    Provider of web, mobile application & blockchain development services

    Iot services
    Website
  4. Advantal Technologies

    Provider of custom software product engineering and IT solutions

    It services
    See in list
  5. Quest GLT

    Provider of application development services for enterprises

    Bpo services
    See in list

IoT development companies

Companies building IoT devices, platforms and connected solutions.

  1. Ideavate

    Provider of mobile application development, IoT, and IT consulting services

    It services
    See in list
  2. SRS Valutech Systems

    Provider of IT services suite solutions

    Iot services
    See in list
  3. 5 Exceptions

    Developer of web, mobile, and cloud applications, plus CRM solutions

    Iot services
    Website
  4. MindCrew Technologies

    MindCrew Technologies provides mobile app, web app development, ERP and quality assurance services.

    It services
    Website
  5. neuratech innovations

    Innovating today, for a better tomorrow.

    Iot services
    Website

AI, data science & analytics services companies

Providers of AI development, data science and analytics services.

  1. Certainty

    Provider of data science and analytics services

    It services
    See in list
  2. Mango IT Solutions

    Provider of AI development, website UI/UX design, and digital marketing services

    It services
    Website
  3. Softinator

    Provider of web & enterprise application development, AR/ VR, analytics, AI chatbot, and other services

    It services
    Website
  4. DataIntel

    Provider of data management, science, mining, ML, and other services

    Ai services
    Website
  5. Wappgo

    Provider of diversified application development and AI chatbots services

    It services
    Website

ERP & digital transformation companies

Consultants and implementers of ERP, cloud and digital transformation projects.

  1. Surtel

    Provider of IT consulting, ERP solutions, and application managed services

    Erp services
    See in list
  2. Quest GLT

    Provider of application development services for enterprises

    Bpo services
    See in list
  3. Ignitive Software Labs

    Provider of ERP and application development services

    Erp services
    See in list
  4. securitybulls

    Our unified framework will enable you to address each degree of security flaws present in your Applications, Network and cloud platform.

    It services
    Website
  5. Systematix Technologie

    Provider of AI, GenAI, and digital transformation solutions and services

    It services
    Website

IT services startups in Indore

Newer IT services companies in Indore founded in recent years.

  1. Aurx

    Provider of application development, DevOps, and other services

    It services
    See in list
  2. TraceNcode

    Provider of diversified application development services

    It services
    See in list
  3. Hire Laravel Developer

    Award-winning Laravel Development company offer website development company, Laravel web development company, WordPress Development Company

    It services
    Website
  4. StackRoof Technologies

    StackRoof Technologies is a software company that develops smart solutions based on research and unique product designs.

    It services
    Website
  5. Aimed Labs

    Most optimized software dev you'll ever find !!

    It services
    Website
15 companies in Indore

IT services companies hiring in Indore

IT services companies in Indore with open roles right now.

  1. InfoBeans

    Software Services Company

    It services
    See in list
  2. Beyond Key Systems

    Provider of mobile & web managed IT Services

    It services
    See in list
  3. Vibs Infosol

    Cyber security solutions company

    It services
    See in list
  4. deqode

    Blockchain-based solutions and service provider

    Blockchain services
    See in list
  5. Cyber Infrastructure

    Web development and IT outsourcing services

    It services
    See in list
33 companies in Indore
Mobile reach

Top 10 it services apps from Indore

The most-installed Android apps published by it services companies headquartered in Indore — 1.0M installs between them. 33 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Party Tambola - Live Games

by Quadralyst

Installs485K
Rating—
Last updatedApr 2025
View on Google Play ↗
Party Tambola - Live Games screenshot 1Party Tambola - Live Games screenshot 2Party Tambola - Live Games screenshot 3Party Tambola - Live Games screenshot 4Party Tambola - Live Games screenshot 5Party Tambola - Live Games screenshot 6
3

Bhopu – Question & Answer App

by Vinfotech

Installs48K
Rating—
Last updatedDec 2023
View on Google Play ↗
Bhopu – Question & Answer App  screenshot 1Bhopu – Question & Answer App  screenshot 2Bhopu – Question & Answer App  screenshot 3Bhopu – Question & Answer App  screenshot 4Bhopu – Question & Answer App  screenshot 5
9

NAV Tracker

by eLEOPARD

Installs10K
Rating—
Last updatedMay 2026
View on Google Play ↗
NAV Tracker screenshot 1NAV Tracker screenshot 2NAV Tracker screenshot 3NAV Tracker screenshot 4NAV Tracker screenshot 5NAV Tracker screenshot 6
10

Matridham Radio

by Quest GLT

Installs10K
Rating—
Last updatedMar 2025
View on Google Play ↗
Matridham Radio screenshot 1Matridham Radio screenshot 2
The business behind the activity

It services financials in Indore

Revenue, profit and growth from the filed annual accounts of 49 it services companies in Indore, Madhya Pradesh for FY24-25 — 56 of the 294 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 65% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹817.77 cr

49 companies filing accounts

combined net profit₹103.56 cr

12.7% aggregate margin

are profitable94%

46 of 49 companies

median revenue~₹4.9 cr

the typical company

median revenue growth+7%

into FY24-25

earned by the top five65%

revenue concentration

Six-year view

Combined revenue of filing companies

₹356.76 crFY19-2043 filers
₹370.09 crFY20-2150 filers
₹524.11 crFY21-2251 filers
₹698.36 crFY22-2353 filers
₹750.06 crFY23-2452 filers
₹817.77 crFY24-2549 filers

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

Like-for-like

The same 48 companies over three years

+22%
FY22-23₹661.47 cr₹78.51 cr net
FY23-24₹726.60 cr₹77.42 cr net
FY24-25₹806.79 cr₹103.43 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 cr771% profitable
₹1–10 cr2997% profitable
₹10–100 cr12100% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking14
0–20%18
20–50%7
50–100%4
Doubled+5

48 companies with accounts for both years; median growth +7%.

Profitability

Profit is concentrated at the top

46profitable
3loss-making
12.7%aggregate margin
4.7%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
VinfotechVISCUS INFOTECH LIMITED+57%₹14.71 cr
Vibs InfosolVIBS INFOSOL PRIVATE LIMITED+29%₹62.97 cr
InfoBeansINFOBEANS TECHNOLOGIES LIMITED+18%₹285.93 cr
Beyond Key SystemsBEYOND KEY SYSTEMS PRIVATE LIMITED+11%₹86.53 cr
Empower SolutionsEMPOWER INTEGRATED SOLUTIONS PRIVATE LIMITED+8%₹15.36 cr
Crystal Technologies systemCRYSTAL TECHNOLOGIES SYSTEM PRIVATE LIMITED+6%₹45.26 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
VinfotechVISCUS INFOTECH LIMITED30.6%₹14.71 cr
Beyond Key SystemsBEYOND KEY SYSTEMS PRIVATE LIMITED26.2%₹86.53 cr
Advantal TechnologiesADVANTAL TECHNOLOGIES LIMITED20.0%₹15.21 cr
InfoBeansINFOBEANS TECHNOLOGIES LIMITED16.4%₹285.93 cr
47BillionFOURTY SEVEN BILLION INFORMATION TECHNOLOGIES PRIVATE LIMITED16.3%₹26.48 cr
Empower SolutionsEMPOWER INTEGRATED SOLUTIONS PRIVATE LIMITED11.8%₹15.36 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services37₹711.56 cr~₹4.9 cr92%13.7%
Leaders

Largest it services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
InfoBeansINFOBEANS TECHNOLOGIES LIMITED₹285.93 cr₹46.97 cr16.4%+18%
Beyond Key SystemsBEYOND KEY SYSTEMS PRIVATE LIMITED₹86.53 cr₹22.63 cr26.2%+11%
Vibs InfosolVIBS INFOSOL PRIVATE LIMITED₹62.97 cr₹4.05 cr6.4%+29%
deqodeTECHRACERS PRIVATE LIMITED₹47.68 cr₹4.92 cr10.3%-7%
Crystal Technologies systemCRYSTAL TECHNOLOGIES SYSTEM PRIVATE LIMITED₹45.26 cr₹1.23 cr2.7%+6%
Cyber InfrastructureCYBER INFRASTRUCTURE PRIVATE LIMITED₹40.00 cr₹2.03 cr5.1%+2%
47BillionFOURTY SEVEN BILLION INFORMATION TECHNOLOGIES PRIVATE LIMITED₹26.48 cr₹4.32 cr16.3%+2%
MoreYeahsMOREYEAHS IT TECHNOLOGIES PRIVATE LIMITED₹17.14 cr₹27.71 lakh1.6%+3%
Empower SolutionsEMPOWER INTEGRATED SOLUTIONS PRIVATE LIMITED₹15.36 cr₹1.81 cr11.8%+8%
Advantal TechnologiesADVANTAL TECHNOLOGIES LIMITED₹15.21 cr₹3.04 cr20.0%-0%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

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

Capital & corporate activity

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

equity rounds, last 12 months2

US$11.03m

equity rounds, last 24 months23

US$124.45m

raised over five yearsUS$626.37m

123 rounds in India

M&A deals, Indore5

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 Indore

4Acquisition
1Merger

Most active acquirers

  1. Brown & brown2
  2. Arbutus1
  3. GenXAI1
  4. Aker arctic1

Most acquired or merged

  1. Accession2
  2. Aub group1
  3. SoftGrid Computers1
  4. Bluetech1

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

Founders and momentum in Indore

Meet the people behind it services companies in Indore. 54 of 294 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Indore it services companies by sub-sector

The most common specialisations among it services companies in Indore. 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