Company lists
The Karnataka edition · 2026

It servicescompanies in Karnataka

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

1,814 company profiles562 with reported revenue46 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent it services business events in Karnataka

Funding, M&A, contract wins and launches involving 1,971 it services companies in Karnataka, last 24 months: 58 Contracts · 54 M&A deals · 34 launches · 7 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
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
LaunchMphasis Tria

Mphasis

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

Artificial intelligence
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
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…

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 · Announced

Wipro acquires Alpha net consulting

Wipro Limited, a leading global information technology, consulting, and business process services company, has finalized a strategic agreement to acquire certain contracts and employee…

Consulting
M&AAcquisition · Announced

Wipro acquires Mindsprint

Wipro has also signed a definitive agreement to acquire Mindsprint, Olam's IT and digital services subsidiary, for an enterprise value of $375 million.

IT and digital services
LaunchDigital and AI Experience Centres

Itc infotech

ITC Infotech, a leader in digital engineering and technology services, announced a significant expansion of its innovation ecosystem with the launch of Digital and AI Experience Centres…

LaunchDevStudio.ai

Tata elxsi

Tata Elxsi launches DevStudio.ai, a multi-agent platform for generative AI that is ASPICE compliant and accelerates the development of automotive software.

Multi-agent platform for generative AI in automotive
Contract

Binbag · client: Numaligarh refinery

The entities with whom MoUs have been entered into include Forace Speciality Chem Private Limited, Fermbox Bio Private Limited, altM Bio, Council of Scientific & Industrial Research…

M&AAcquisition · Completed

Silverlake acquires Software ag

In 2023, the private equity company Silverlake took over Software AG – and Gross had a chance, as he says.

M&AAcquisition · Completed

Happiest minds technologies acquires Gavs technologies

The IT services company has clarified that its acquisition was limited to GAVS Technologies' Middle East operations, involving three distinct entities across the region.

IT services
LaunchELAIRA

Happiest minds technologies

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), the digital engineering firm headquartered in Bengaluru and known for its Agentic AI‑led service delivery model, has announced the…

Intelligent digital co-worker
M&AAcquisition · Completed

HDFC Mutual Fund, ICICI Prudential MF, Kotak Mahindra MF acquires Mphasis

Meanwhile, HDFC Mutual Fund (MF), ICICI Prudential MF and Kotak Mahindra MF acquired a total of 70,75,436 or 3.71 per cent stake in Mphasis at the same price.

Information technology and consulting
LaunchAI Center of Excellence (CoE)

Utthunga

Utthunga, a leading provider of product and plant engineering services and industrial solutions, announced the launch of its AI Center of Excellence (CoE) to accelerate the development…

Industrial AI Solutions
ContractTechnology

Itc infotech · client: NAM India

ITC Infotech, a leading global technology services and solutions provider has been awarded a multi-year contract with NAM India (NSE: NAM-India), one of the country’s leading asset…

Financial services
LaunchInteraction Intelligence

Hinduja global solutions

Hinduja Global Solutions (HGS) has introduced its new enterprise-grade AI solution, “Interaction Intelligence”, built on its Agent X framework.

Enterprise AI Solution
M&AAcquisition · Completed

Altimetrik acquires Slk software

Altimetrik today announced the successful completion of its acquisition of SLK Software

Technology services provider focusing on AI, automation, and analytics
M&AAcquisition · Announced

Appiness interactive acquires iLumaLab

This acquisition serves as a major boost to the Appiness AI Centre of Excellence (AI-CoE) and represents a key milestone in the company’s North America expansion strategy.

Artificial Intelligence
M&AAcquisition · Announced

Ust acquires Modus information systems

UST, a leading AI and technology transformation solutions company, has acquired Modus Information Systems Private Limited (Modus) in a strategic move that will strengthen UST’s position…

Core banking implementation partner
ContractGovernment

City of Indianapolis · client: Infosys

The city also is offering Infosys a 10-year property tax abatement and $2.5 million training grant if the company hires and retains at least 37 full-time jobs with average wages of at…

Technology
ContractGovernment

State of Indiana · client: Infosys

In exchange for choosing Indiana, Infosys is in line for the largest incentive package in state history. It could receive up to $31 million in conditional tax credits and training grants.

Technology
LaunchNext-generation solution for predictive operations using deep analytics

Tata elxsi

Tata Elxsi launched a next-generation solution for predictive operations using deep analytics.

Solution
M&AAcquisition · Announced

Sweco acquires Volantis

Sweco has agreed to acquire Volantis, an architecture and engineering consultancy specialised in healthcare and industry.

Architecture and engineering consultancy
M&AAcquisition · Announced

Brilyant acquires Sugansa

Brilyant, a global IT systems integrator and enterprise solutions provider, today announced the acquisition of Sugansa's India operations, marking a strategic move to embed Artificial…

Technology firm (AI, ML, and data engineering solutions)
M&AAcquisition · Announced

Brilyant acquires Sugansa India

Global IT systems integrator Brilyant has announced the acquisition of Sugansa India, a strategic move to fast-track its AI-first vision and embed advanced Artificial Intelligence (AI)…

AI, machine learning, and data engineering
M&AAcquisition · Announced

Altimetrik acquires Slk software

Altimetrik, a pure-play artificial intelligence (AI), data, and digital engineering solutions company, will acquire SLK Software, a global technology services firm focused on delivering…

Global Technology Services
ContractService

Sonata software · client: Na

Sonata Software has secured a $73 million deal with a top U.S.-based Technology, Media, and Telecom (TMT) company. The five-year engagement is focused on delivering an AI-first…

TMT

It services companies in Karnataka, by revenue

Browse it services 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 562 it services 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

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, 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 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 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 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 IT suite services

It services
₹2,162.22 crFY 2024-25
+26%2024–2025
6,271-0% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
3postings · last posted Aug 2026

Provider of IT solutions, operations and data and analytics services

It services
₹1,889.30 crFY 2024-25
+2%2024–2025
7,718-2% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
3postings · last posted Sep 2026

Provider of IT suite solutions

It services
₹1,612.31 crFY 2024-25
+15%2024–2025
6,521+1% 12 mo to Aug 2024LinkedIn · Jul 2026
37 yr1989
61postings · last posted Sep 2026

Provides application development services

It services
₹1,311.20 crFY 2024-25
+10%2024–2025
2,308+8% 12 mo to Sep 2024LinkedIn · Jul 2026
29 yr1997
1postings · last posted Aug 2026

Provider of IT service suite solutions and diversified digital marketing services

It services
₹1,138.18 crFY 2024-25
+44%2024–2025
389+12% 12 mo to Aug 2024LinkedIn · Jul 2026
12 yr2014
7postings · last posted Aug 2026

Provider of cloud, security, and application life-cycle management services

It services
₹942.35 crFY 2024-25
+19%2024–2025
371+16% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of medical & industrial automation services

Bpo services
₹855.10 crFY 2024-25
+2%2024–2025
2,210-42% 12 mo to Sep 2024recorded Sep 2024
34 yr1992
18postings · last posted Sep 2026

Provider of cybersecurity solutions specializing in data storage, security, and management services

It services
₹641.54 crFY 2024-25
+55%2024–2025
174+5% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of system integration and IT managed & support services

It services
₹591.89 crFY 2024-25
+84%2024–2025
194-8% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Provides software testing services

It services
₹487.00 crFY 2022-23
Not reported
2,804-19% 12 mo to Jun 2024recorded Jun 2024
19 yr2007
—No postings tracked

Provider of IT, product engineering and digital transformation services

It services
₹507.79 crFY 2024-25
+6%2024–2025
3,862+1% 12 mo to Mar 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months · last posted Jun 2026

Provider of IT suite services

Ai services
₹489.00 crFY 2024-25
Not reported
2,397LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jun 2026

Provides software development and cloud services

It services
₹485.09 crFY 2024-25
+3%2024–2025
1,225+6% 12 mo to Aug 2024LinkedIn · Jul 2026
24 yr2002
4postings · last posted Aug 2026

Provides IT services suite

It services
₹372.90 crFY 2024-25
+47%2024–2025
326-3% 12 mo to Apr 2024recorded Apr 2024
27 yr1999
0none in 3 months

Provider of IT service suite solutions

It services
₹303.41 crFY 2024-25
+14%2024–2025
922+10% 12 mo to Aug 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of cybersecurity, information lifecycle management, cloud, virtualization, and other services

It services
₹281.18 crFY 2024-25
+15%2024–2025
161+9% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Company that provides digital transformation, consulting, and technology solutions

It services
₹267.15 crFY 2024-25
+15%2024–2025
608-48% 12 mo to Mar 2024LinkedIn · Jul 2026
12 yr2014
1postings · last posted Sep 2026

Provider of IT service suite solutions

It services
₹250.96 crFY 2023-24
-20%2023–2024
233+1% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Jun 2026

Provider of cloud security, managed IT, and other services

Sales services
₹255.93 crFY 2024-25
-12%2024–2025
10+14% 12 mo to Sep 2024LinkedIn · Jul 2026
25 yr2001
2postings · last posted Aug 2026

AI-powered Infrastructure managed services company

Ai services
₹247.28 crFY 2024-25
Not reported
1,029+32% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months
50 of 1,814 companies shown here · the full list is on Radar
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Explore all 1,814 it services companies in Karnataka on Radar

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  • Every company, not just 50All 1,814 it services companies in Karnataka, filterable by stage, funding, team size, revenue model and age.
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Explore IT services companies in Karnataka by what you are looking for

Browse top IT services companies in Karnataka, from large software and consulting firms to managed IT, ERP and digital transformation providers. Find IT services companies in Bangalore, IT consulting services and IT support providers, plus startups and listed companies.

9 ways to explore it services in Karnataka

Software & application development companiesIT consulting & digital transformation companiesManaged IT, support & cloud servicesERP & enterprise software implementation companiesAI, IoT & blockchain services companiesBPO, HR & digital marketing services

Software & application development companies

IT services firms building custom software, web and mobile applications.

  1. Wipro

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

    It services
    See in list
  2. Bosch Global Software Technologies

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

    Iot services
    See in list
  3. Sonata

    Provider of IT consulting and software development services

    It services
    See in list
  4. Sony India Software Centre

    Provides application development services

    It services
    See in list
  5. iValue

    Provider of cloud, security, and application life-cycle management services

    It services
    See in list

IT consulting & digital transformation companies

IT consulting, digital transformation and management consulting providers.

  1. Tata Elxsi

    Provider of design and technology services across various industry verticals

    It services
    See in list
  2. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  3. NuWare

    Provider of IT service suite solutions

    Management consulting services
    Website
  4. Cyberpwn

    Cyber security consultancy and advisory firm providing cyber resilience, transformation, and education services to clients

    It services
    Website
  5. Motiveminds

    Provider of application development, cloud, consulting, ERP, and digital transformation services

    Digital transformation services
    Website

Managed IT, support & cloud services

Managed IT services, IT support, hosting, cloud and outsourced testing.

  1. TestYantra

    Provides software testing services

    It services
    See in list
  2. Xencia

    Provider of IT service suite solutions

    Digital transformation services
    See in list
  3. IDSign app

    Provider of managed IAM services

    It services
    Website
  4. Moolya Software Testing

    Mobile and web software testing services

    It services
    Website
  5. Puthur Infotech

    Provider of IT support and IT hardware distribution services

    It resellers
    Website

ERP & enterprise software implementation companies

ERP and enterprise system implementation and consulting providers.

  1. Blueprint Technologies

    Provides IT services suite

    It services
    Website
  2. BAeHAL Software

    Provider of diversified BPO services

    Defense contractors
    Website
  3. In2IT EBS

    Provider of enterprise resource management, cloud infrastructure, and digital transformation services

    Ai services
    Website
  4. Affordable Business Solutions

    Provider of IT service suite solutions

    It services
    Website
  5. Airdit

    Provider of SAP consulting and implementation services

    Erp services
    Website

AI, IoT & blockchain services companies

Providers of AI, IoT, blockchain and AR/VR development services.

  1. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  2. Alchemy Techsol

    AI-powered Infrastructure managed services company

    Ai services
    See in list
  3. NextWealth

    Provider of AI enablement services

    Ai services
    See in list
  4. GrayMatter

    Provider of data science, analytics, and digital transformation services

    It services
    Website
  5. Tosall

    Provider of AI and ADAS software solutions, machine learning, and IT suite services

    Ai services
    Website

BPO, HR & digital marketing services

Business process outsourcing, staffing and digital marketing providers.

  1. Sumeru Solutions

    Provider of cloud security, managed IT, and other services

    Sales services
    See in list
  2. Invensis

    Provider of BPO, data analytics, digital marketing, and other services

    It services
    See in list
  3. Econz

    Provider of digital marketing and IT services

    It services
    Website
  4. Datacore Technologies

    Provider of IT consulting, staffing, HR outsourcing, and other services

    It services
    Website
  5. Akarmaxs

    Provider of web & mobile application development, branding, and other services

    Marketing services
    Website

IT services startups in Karnataka

Newer IT services companies founded in recent years.

  1. SBCDC Software

    Provider of IT services for businesses

    It services
    Website
  2. Cloudside

    Provider of IT service suite solutions

    It services
    Website
  3. Skysecure

    Provider of comprehensive managed cybersecurity, unifying AI-driven security, cloud operations, and advanced security services

    It services
    Website
  4. ShellKode

    Provider of IT Services suite solutions

    It services
    Website
  5. XFactr

    Provider of IT service suite solutions

    It services
    Website
96 companies in Karnataka

IT services companies hiring in Karnataka

IT services companies with open jobs right now.

  1. Bosch Global Software Technologies

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

    Iot services
    See in list
  2. Tata Elxsi

    Provider of design and technology services across various industry verticals

    It services
    See in list
  3. Happiest Minds

    Provider of IT suite services

    It services
    See in list
  4. Allstate India

    Provider of IT solutions, operations and data and analytics services

    It services
    See in list
  5. Microland

    Provider of IT suite solutions

    It services
    See in list
56 companies in Karnataka

Listed IT services companies in Karnataka

Publicly listed IT services companies.

  1. Infosys

    Provider of digital marketing, data analytics, and IT services

    It services
    See in list
  2. Wipro

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

    It services
    See in list
  3. Sonata

    Provider of IT consulting and software development services

    It services
    See in list
  4. Tata Elxsi

    Provider of design and technology services across various industry verticals

    It services
    See in list
  5. Happiest Minds

    Provider of IT suite services

    It services
    See in list
20 companies in Karnataka
Mobile reach

Top 10 it services apps from Karnataka

The most-installed Android apps published by it services companies headquartered in Karnataka — 30.4M installs between them. 119 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Princess Baby Phone Game

by UVTechnoLab

Installs14.4M
Rating4.126K ratings
Installs, year on year+104%
Last updatedSep 2025
View on Google Play ↗
Princess Baby Phone Game screenshot 1Princess Baby Phone Game screenshot 2Princess Baby Phone Game screenshot 3Princess Baby Phone Game screenshot 4Princess Baby Phone Game screenshot 5Princess Baby Phone Game screenshot 6
2

VPN Proxy Browser - Secure VPN

by Avirise

Installs7.3M
Rating4.1931K ratings
Last updatedMay 2026
View on Google Play ↗
VPN Proxy Browser - Secure VPN screenshot 1VPN Proxy Browser - Secure VPN screenshot 2VPN Proxy Browser - Secure VPN screenshot 3VPN Proxy Browser - Secure VPN screenshot 4VPN Proxy Browser - Secure VPN screenshot 5
3

Donkey Master Donkey Card Game

by CodeHound

Installs3.8M
Rating3.8328K ratings
Last updatedJun 2026
View on Google Play ↗
Donkey Master Donkey Card Game screenshot 1Donkey Master Donkey Card Game screenshot 2Donkey Master Donkey Card Game screenshot 3Donkey Master Donkey Card Game screenshot 4Donkey Master Donkey Card Game screenshot 5Donkey Master Donkey Card Game screenshot 6
6

StoryBluff: Make Stories Viral

by BigBrain

Installs555K
Rating2.893K ratings
Last updatedAug 2025
View on Google Play ↗
StoryBluff: Make Stories Viral screenshot 1StoryBluff: Make Stories Viral screenshot 2StoryBluff: Make Stories Viral screenshot 3StoryBluff: Make Stories Viral screenshot 4
7

ESCPOS Bluetooth Print Service

by Looped Labs

Installs505K
Rating4.282K ratings
Installs, year on year+20%
Last updatedAug 2025
View on Google Play ↗
ESCPOS Bluetooth Print Service screenshot 1ESCPOS Bluetooth Print Service screenshot 2ESCPOS Bluetooth Print Service screenshot 3ESCPOS Bluetooth Print Service screenshot 4ESCPOS Bluetooth Print Service screenshot 5
9

Remind Me - Task Reminder App

by Lucidify Labs

Installs190K
Rating3.72766 ratings
Last updatedJun 2023
View on Google Play ↗
Remind Me - Task Reminder App screenshot 1Remind Me - Task Reminder App screenshot 2Remind Me - Task Reminder App screenshot 3Remind Me - Task Reminder App screenshot 4
The business behind the activity

It services financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 503 it services companies in Karnataka for FY24-25 — 594 of the 1,814 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 90% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹258,128.07 cr

503 companies filing accounts

combined net profit₹41,065.29 cr

15.9% aggregate margin

are profitable77%

386 of 503 companies

median revenue~₹9.4 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five90%

revenue concentration

Six-year view

Combined revenue of filing companies

₹156,835.27 crFY19-20465 filers
₹164,547.79 crFY20-21494 filers
₹201,843.69 crFY21-22517 filers
₹235,257.40 crFY22-23520 filers
₹246,495.69 crFY23-24523 filers
₹258,128.07 crFY24-25503 filers

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

Like-for-like

The same 459 companies over three years

+10%
FY22-23₹232,450.54 cr₹36,316.94 cr net
FY23-24₹244,893.40 cr₹40,590.28 cr net
FY24-25₹255,799.39 cr₹40,756.95 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 cr9738% profitable
₹1–10 cr16075% profitable
₹10–100 cr19792% profitable
₹100–1,000 cr3897% profitable
Over ₹1,000 cr11100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking155
0–20%137
20–50%87
50–100%57
Doubled+50

486 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

386profitable
117loss-making
15.9%aggregate margin
3.3%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
GS ManagementGS MANAGEMENT SERVICES PRIVATE LIMITED+461%₹11.61 cr
EDCCTSEDC CREATIVE TECHNOLOGY SOLUTIONS PRIVATE LIMITED+303%
ArtexARTEX TEXTILE PRIVATE LIMITED
NamsbelNAMSBEL GLOBAL PRIVATE LIMITED+277%₹17.12 cr
XFactrXFACTR SOFTWARES PRIVATE LIMITED+233%₹21.23 cr
ShellKodeSHELLCODE PRIVATE LIMITED+188%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Fragma DataFRAGMA DATA SYSTEMS PRIVATE LIMITED38.9%₹63.61 cr
Ayotta InfotechAYOTTA INFOTECH PRIVATE LIMITED₹21.32 cr
McLanSysMCLANSYS SOLUTIONS PRIVATE LIMITED32.4%₹12.60 cr
Molecular ConnectionsMOLECULAR CONNECTIONS PRIVATE LIMITED
Augmento LabsAUGMENTO LABS PRIVATE LIMITED25.8%
ExathoughtEXATHOUGHT TECHNOLOGY CONSULTING PRIVATE LIMITED₹25.07 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services391₹242,476.00 cr~₹11.5 cr80%16.2%
Iot services20₹12,756.45 cr~₹1.4 cr65%10.8%
Ai services31₹1,395.48 cr~₹6.7 cr77%8.2%
Bpo services8₹713.98 cr~₹71 lakh25%21.2%
Digital transformation services11₹236.67 cr~₹3.5 cr64%1.9%
Erp services7₹89.32 cr~₹1.4 cr57%9.1%
Management consulting services8₹82.98 cr~₹5.3 cr62%4.6%
Leaders

Largest it services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
InfosysINFOSYS LIMITED₹141,374.00 cr₹25,568.00 cr18.1%+4%
WiproWIPRO LIMITED₹71,152.60 cr₹10,792.40 cr15.2%+2%
Bosch Global Software TechnologiesBOSCH GLOBAL SOFTWARE TECHNOLOGIES PRIVATE LIMITED₹12,676.90 cr₹1,378.90 cr10.9%+7%
Tata ElxsiTATA ELXSI LIMITED₹3,908.36 cr₹784.94 cr20.1%+6%
ITC InfotechITC INFOTECH INDIA LIMITED₹3,332.67 cr₹466.62 cr14.0%+13%
Allstate IndiaALLSTATE INDIA PRIVATE LIMITED₹1,889.30 cr₹204.67 cr10.8%+2%
Happiest MindsHappiest Minds Technologies Limited₹1,648.94 cr₹168.56 cr10.2%+4%
MicrolandMICROLAND LIMITED₹1,567.34 cr₹261.19 cr16.7%—
Sony India Software CentreSONY INDIA SOFTWARE CENTRE PRIVATE LIMITED₹1,311.20 cr₹149.40 cr11.4%+10%
SonataSONATA SOFTWARE LIMITED₹1,175.23 cr₹213.77 cr18.2%-8%
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 Karnataka 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, Karnataka54

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 Karnataka

53Acquisition
1Merger

Most active acquirers

  1. Infosys18
  2. Mphasis4
  3. Wipro4
  4. Happiest minds technologies3
  5. Altimetrik3

Most acquired or merged

  1. Slk software6
  2. Optimum healthcare it3
  3. Genisys group3
  4. Gavs technologies2
  5. Mphasis2

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

It services funding in Karnataka

46 it services companies in Karnataka have recorded equity funding, US$273.22m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind it services companies in Karnataka. 500 of 1,814 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka it services companies by sub-sector

The most common specialisations among it services companies in Karnataka. 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