Company lists
The Thane edition · 2026

It servicescompanies in Thane

Software development, IT consulting, AI & IoT, ERP & cloud, digital marketing and more: the companies building it services in Thane, Maharashtra, with their founders, funding, team size and business models.

62 company profiles18 with reported revenue1 with recorded fundingOctober 2026 edition
Thane · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 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: 312 Contracts · 177 M&A deals · 110 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 announced it has signed a definitive agreement to acquire WinWire, a Microsoft partner specializing in agentic AI, AI on Azure, data engineering, and cloud-native development.

Technology / Microsoft Partner - AI, Azure, Data Engineering, Cloud-native Development
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 Thane, by funding and team

Few it services companies in Thane, Maharashtra publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 62 active companies.

Showing 25 of 50

An IT and outsourcing company offering digital transformation solutions to enterprises

Management consulting services
US$2.20mSeed
533LinkedIn · Oct 2026
Fee-for-service
15 yr2011
5postings · last posted Sep 2026

Provider of digital engineering & consulting, and product & manufacturing engineering services

Engineering consulting
—None recorded
401recorded
Fee-for-service
27 yr1999
0none in 3 months · last posted Jun 2026

Cloud-based solutions provider

It services
—None recorded
431+10% 12 mo to Sep 2024LinkedIn · Oct 2026
Fee-for-service
13 yr2013
1postings · last posted Sep 2026

Provider of tailored IT solutions and services with a focus on cybersecurity

It services
—None recorded
469+117% 12 mo to Sep 2024LinkedIn · Oct 2026
Fee-for-service
8 yr2018
0none in 3 months

Kent Technology, headquartered in India (Mumbai), is a leading provider of services across critical infrastructure verticals such as Insurance, Healthcare, Travel, Utilities, Banking and Financial Services, Hospitality, and Retail.

It services
—None recorded
350+1567% vs previous recordrecorded
Fee-for-service
22 yr2004
—No postings tracked

Provides IT consulting services

It services
—None recorded
267+13% 12 mo to Sep 2024LinkedIn · Oct 2026
Fee-for-service
16 yr2010
0none in 3 months · last posted Jul 2026

Provider of a custom software and digital transformation solutions

It services
—None recorded
207+8% vs previous recordLinkedIn · Jul 2026
Fee-for-service
11 yr2015
0none in 3 months

Provider of application development services

It services
—None recorded
97+9% 12 mo to Sep 2024LinkedIn · Jul 2026
Fee-for-service
15 yr2011
0none in 3 months · last posted Jun 2026

Zentech Info Solutions is a software solutions and services company.

It services
—None recorded
68LinkedIn · Jul 2026
Fee-for-service
19 yr2007
1postings · last posted Sep 2026

IT consultancy providing Product Development, Product Design, Integration Solution services for clients across the globe.

It services
—None recorded
70LinkedIn · Jul 2026
Fee-for-service
13 yr2013
3postings · last posted Aug 2026

IT and enterprise solutions provider delivering ERP, CRM, cloud, and digital transformation services to help businesses

Erp services
—None recorded
224+95% 12 mo to Sep 2024LinkedIn · Jul 2026
Fee-for-service
26 yr2000
4postings · last posted Sep 2026

Provider of IT service suite solutions

It services
—None recorded
859-14% 12 mo to Dec 2022LinkedIn · Oct 2026
Fee-for-service
31 yr1995
1postings · last posted Sep 2026

Provider of IT service suite solutions

It services
—None recorded
25recorded
Advertising / E-commerce - service
33 yr1993
—No postings tracked

Provider of mobile & app development, cloud, and data analytics services

Digital transformation services
—None recorded
105+64% 12 mo to Sep 2024LinkedIn · Jul 2026
Fee-for-service
10 yr2016
0none in 3 months · last posted Sep 2025

PDG Infotech is a web site design & development company based in India that provides web design and custom internet application development using PHP,Ajax,Flash PDG Infotech offer to a range of services such as eCommerce website development, custom website development and web application developmen

It services
—None recorded
9-18% vs previous recordrecorded
Advertising / E-commerce - service
15 yr2011
—No postings tracked

Provider of application development and SEO services

It services
—None recorded
26LinkedIn · Jul 2026
E-commerce - service / Fee-for-service
13 yr2013
0none in 3 months

Provides web & mobile app development and IT consultancy services

It services
—None recorded
54LinkedIn · Jul 2026
E-commerce - service
11 yr2015
0none in 3 months · last posted Feb 2026

Provider of IT consulting services

It services
—None recorded
3LinkedIn · Jul 2026
Subscription
7 yr2019
0none in 3 months

Provider of IT support services offering technical assistance and solutions to IT companies and customers

It services
—None recorded
84LinkedIn · Jul 2026
Fee-for-service
9 yr2017
5postings · last posted Sep 2026

Company specializing in artificial intelligence, machine learning, and robotics, offering products and solutions

It services
—None recorded
5LinkedIn · Jul 2026
Subscription
3 yr2023
0none in 3 months

Provider of animation, web design, and mobile application development services

It services
—None recorded
—Not available
Advertising / E-commerce - service
4 yr2022
1postings · last posted Aug 2026

Provider of mobile application development, hosting, and digital marketing services

It services
—None recorded
145LinkedIn · Jul 2026
Advertising / E-commerce - service
46 yr1980
0none in 3 months

Provider of AI solutions and SaaS products for various industries

It services
—None recorded
2LinkedIn · Jul 2026
E-commerce - product / E-commerce - service
1 yr2025
0none in 3 months

Provider of website development and related training services

Iot services
—None recorded
—Not available
Advertising / E-commerce - service
8 yr2018
0none in 3 months · last posted Jun 2026

Provider of innovative solutions and products through cutting-edge technology

It services
—None recorded
—Not available
Fee-for-service
1 yr2025
0none in 3 months
50 of 62 companies shown here · the full list is on Radar
Fliar Radar

Explore all 62 it services companies in Thane on Radar

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

Open it services in Thane on Radar
  • Every company, not just 50All 62 it services companies in Thane, 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 Thane by what you are looking for

Find top IT services companies in Thane, from software and app development to IT consulting and cloud. You can also browse IT services startups in Thane and companies that are hiring.

8 ways to explore it services in Thane

Software, web & mobile app development companiesIT consulting & digital transformation servicesAI, data science & IoT servicesERP, cloud & hosting servicesDigital marketing & SEO servicesIT outsourcing & BPO companies

Software, web & mobile app development companies

Companies building custom software, websites and mobile apps.

  1. CyberTech Systems and Software

    Provider of IT service suite solutions

    It services
    See in list
  2. Sankey

    Provider of a custom software and digital transformation solutions

    It services
    See in list
  3. WonderBiz

    Provider of application development services

    It services
    See in list
  4. Mobigic

    Provides web & mobile app development and IT consultancy services

    It services
    See in list
  5. Depth Consulting

    Technology consulting services provider

    It services
    See in list

IT consulting & digital transformation services

Advisory, engineering and digital transformation for businesses.

  1. Technosoft Engineering

    Provider of digital engineering & consulting, and product & manufacturing engineering services

    Engineering consulting
    See in list
  2. SoftCore Solutions

    IT and enterprise solutions provider delivering ERP, CRM, cloud, and digital transformation services to help businesses

    Erp services
    See in list
  3. Imperative Business Ventures

    An IT and outsourcing company offering digital transformation solutions to enterprises

    Management consulting services
    See in list
  4. SmartConnect Technologies

    Provides IT consulting services

    It services
    See in list
  5. Mukta FushionTech

    Provider of AI-powered FinTech services

    It services
    See in list

AI, data science & IoT services

AI, machine learning, analytics and IoT development services.

  1. Mukta FushionTech

    Provider of AI-powered FinTech services

    It services
    See in list
  2. A9i

    Company specializing in artificial intelligence, machine learning, and robotics, offering products and solutions

    It services
    See in list
  3. SigmaFlux

    Provider of website development and related training services

    Iot services
    See in list
  4. Raft Innovations

    Provider of innovative solutions and products through cutting-edge technology

    It services
    See in list
  5. Data Vectors

    Provider of data analytics and business process outsourcing services

    Bpo services
    See in list

ERP, cloud & hosting services

ERP implementation, cloud solutions, hosting and domain services.

  1. SoftCore Solutions

    IT and enterprise solutions provider delivering ERP, CRM, cloud, and digital transformation services to help businesses

    Erp services
    See in list
  2. Farsoft Infotech

    Provider of application development, hosting, domain name and digital marketing services

    It services
    See in list
  3. Applied Cloud Computing

    Cloud-based solutions provider

    It services
    See in list
  4. Azzarosol

    Provider of technology and business process consulting services for enterprise and mid-sized organizations

    Erp services
    See in list
  5. ACE SnWS

    Provider of application development and SEO services

    It services
    See in list

Digital marketing & SEO services

Agencies offering SEO, social media and digital marketing.

  1. ACE SnWS

    Provider of application development and SEO services

    It services
    See in list
  2. lunatrix systems

    Lunatrix Systems is a mobile application development and website development firm.

    Marketing services
    See in list
  3. Shree++

    Provider of software development services

    Marketing services
    See in list
  4. WebMinds Technology

    Provides application development and digital marketing services

    Erp services
    Website
  5. jd infotechs

    Web Development Company In India | Website Developer In India | JD Infotechs

    Marketing services
    Website

IT outsourcing & BPO companies

IT outsourcing and business process outsourcing providers.

  1. Imperative Business Ventures

    An IT and outsourcing company offering digital transformation solutions to enterprises

    Management consulting services
    See in list
  2. Data Vectors

    Provider of data analytics and business process outsourcing services

    Bpo services
    See in list
  3. Lemon Yellow LLP

    Lemon Yellow LLP is a global UI UX design agency based out of India. We focus on user-centric experience design, providing 360° design solutions across industries.

    It services
    See in list
  4. Care Infotech

    Provider of IT support services offering technical assistance and solutions to IT companies and customers

    It services
    See in list

IT services startups in Thane

Recently founded IT services companies in Thane.

  1. Mukta FushionTech

    Provider of AI-powered FinTech services

    It services
    See in list
  2. RURI Solutions

    Provider of software development, analytics, and consulting services

    It services
    See in list
  3. A9i

    Company specializing in artificial intelligence, machine learning, and robotics, offering products and solutions

    It services
    See in list
  4. Metaminds Studio

    Provider of animation, web design, and mobile application development services

    It services
    See in list
  5. InnoDhruti

    Provider of AI solutions and SaaS products for various industries

    It services
    See in list
7 companies in Thane

IT services companies hiring in Thane

IT services companies in Thane with open jobs right now.

  1. CyberTech Systems and Software

    Provider of IT service suite solutions

    It services
    See in list
  2. Technosoft Engineering

    Provider of digital engineering & consulting, and product & manufacturing engineering services

    Engineering consulting
    See in list
  3. Applied Cloud Computing

    Cloud-based solutions provider

    It services
    See in list
  4. SoftCore Solutions

    IT and enterprise solutions provider delivering ERP, CRM, cloud, and digital transformation services to help businesses

    Erp services
    See in list
  5. Imperative Business Ventures

    An IT and outsourcing company offering digital transformation solutions to enterprises

    Management consulting services
    See in list
17 companies in Thane
Mobile reach

Top 9 it services apps from Thane

The most-installed Android apps published by it services companies headquartered in Thane — 60K installs between them. 9 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 9
5

Mobigic® HR360

by Mobigic

Installs217
Rating—
Last updatedJun 2026
View on Google Play ↗
Mobigic® HR360 screenshot 1Mobigic® HR360 screenshot 2Mobigic® HR360 screenshot 3Mobigic® HR360 screenshot 4Mobigic® HR360 screenshot 5Mobigic® HR360 screenshot 6
The business behind the activity

It services financials in Thane

Revenue, profit and growth from the filed annual accounts of 17 it services companies in Thane, Maharashtra for FY24-25 — 17 of the 62 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 77% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹753.68 cr

17 companies filing accounts

combined net profit₹106.66 cr

14.2% aggregate margin

are profitable94%

16 of 17 companies

median revenue~₹22.2 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five77%

revenue concentration

Six-year view

Combined revenue of filing companies

₹208.24 crFY19-2015 filers
₹246.16 crFY20-2115 filers
₹322.83 crFY21-2216 filers
₹387.60 crFY22-2315 filers
₹588.04 crFY23-2416 filers
₹753.68 crFY24-2517 filers

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

Like-for-like

The same 15 companies over three years

+72%
FY22-23₹387.60 cr₹54.91 cr net
FY23-24₹532.68 cr₹75.33 cr net
FY24-25₹666.80 cr₹94.36 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 cr367% profitable
₹1–10 cr2100% profitable
₹10–100 cr9100% profitable
₹100–1,000 cr3100% 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

Shrinking5
0–20%4
20–50%2
50–100%2
Doubled+3

16 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

16profitable
1loss-making
14.2%aggregate margin
6.9%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
MobigicMOBIGIC TECHNOLOGIES PRIVATE LIMITED+150%₹18.23 cr
ProTechmanizePROTECHMANIZE SOLUTIONS PRIVATE LIMITED+101%₹142.97 cr
Imperative Business VenturesIMPERATIVE BUSINESS VENTURES LIMITED+66%₹39.14 cr
Applied Cloud ComputingAPPLIED CLOUD COMPUTING PRIVATE LIMITED+55%₹85.78 cr
SankeySANKEY BUSINESS SOLUTIONS PRIVATE LIMITED+31%₹27.57 cr
SoftCore SolutionsSOFTCORE SOLUTIONS PRIVATE LIMITED+20%₹50.22 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
SankeySANKEY BUSINESS SOLUTIONS PRIVATE LIMITED24.3%₹27.57 cr
Technosoft EngineeringTECHNOSOFT ENGINEERING PROJECTS LIMITED20.3%₹125.04 cr
Newel TechnologiesNEWEL TECHNOLOGIES PRIVATE LIMITED19.7%₹11.12 cr
WonderBizWONDERBIZ TECHNOLOGIES PRIVATE LIMITED17.2%₹22.22 cr
ProTechmanizePROTECHMANIZE SOLUTIONS PRIVATE LIMITED16.7%₹142.97 cr
Applied Cloud ComputingAPPLIED CLOUD COMPUTING PRIVATE LIMITED14.3%₹85.78 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
It services12₹525.19 cr~₹20.2 cr92%14.0%
Leaders

Largest it services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
CyberTech Systems and SoftwareCYBERTECH SYSTEMS AND SOFTWARE LIMITED₹175.08 cr₹24.67 cr14.1%+6%
ProTechmanizePROTECHMANIZE SOLUTIONS PRIVATE LIMITED₹142.97 cr₹23.91 cr16.7%+101%
Technosoft EngineeringTECHNOSOFT ENGINEERING PROJECTS LIMITED₹125.04 cr₹25.32 cr20.3%+11%
Applied Cloud ComputingAPPLIED CLOUD COMPUTING PRIVATE LIMITED₹85.78 cr₹12.24 cr14.3%+55%
SoftCore SolutionsSOFTCORE SOLUTIONS PRIVATE LIMITED₹50.22 cr₹3.00 cr6.0%+20%
Imperative Business VenturesIMPERATIVE BUSINESS VENTURES LIMITED₹39.14 cr₹2.71 cr6.9%+66%
SmartConnect TechnologiesSMARTCONNECT TECHNOLOGIES PRIVATE LIMITED₹35.50 cr₹20.89 lakh0.6%-0%
SankeySANKEY BUSINESS SOLUTIONS PRIVATE LIMITED₹27.57 cr₹6.69 cr24.3%+31%
WonderBizWONDERBIZ TECHNOLOGIES PRIVATE LIMITED₹22.22 cr₹3.83 cr17.2%-8%
MobigicMOBIGIC TECHNOLOGIES PRIVATE LIMITED₹18.23 cr₹49.80 lakh2.7%+150%
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 Thane 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, India177

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

170Acquisition
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.

Founders and momentum in Thane

Meet the people behind it services companies in Thane. 15 of 62 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Thane it services companies by sub-sector

The most common specialisations among it services companies in Thane. 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