Company lists
The Gurugram edition · 2026

Telecomcompanies in Gurugram

Operators, infrastructure, system integrators, OSS & BSS software, end-user services and more: the companies building telecom in Gurugram, Haryana, with their founders, funding, team size and business models.

59 company profiles38 with reported revenue4 with recorded fundingOctober 2026 edition
Gurugram · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent telecom business events in India

Funding, M&A, contract wins and launches involving 2,119 telecom companies in India, last 24 months: 262 Contracts · 68 M&A deals · 40 launches · 30 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Elation health acquires Aster

Elation Health, the clinical-first technology platform for modern primary care success, today announced the acquisition of Aster, an AI-native EHR focused on women's health.

Healthcare Technology
M&AAcquisition · Announced

Bharti Airtel acquires Airtel africa

The law firm, AZB & Partners, advised Bharti Airtel Limited in relation to a share swap deal with Indian Continent Investment Limited, Mauritius for the acquisition of stake in Airtel…

Telecommunications
ContractTechnology

Gilat satellite networks · client: Nelco

Gil­at Satellite Networks Ltd. (NASDAQ: GILT , TASE: GILT ), a worldwide leader in satellite networking technology, solutions, and services, today announced that it received a…

Satellite Communications
ContractGovernment

Railtel corporation of india · client: Government of karnataka

RailTel has received a work order from the Additional Commissioner for Transport (Enforcement), Government of Karnataka for the implementation of an Intelligent Traffic Management System…

Digital infrastructure, smart mobility, traffic monitoring
FundingDebt

Vodafone idea

A consortium of lenders led by the State Bank of India (SBI) is considering extending Rs 25,000 crore in debt funding to Vodafone Idea, signalling improved lender confidence following…

Telecom
ContractSupply

Bondada Engineering · client: Ambuja cements

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Pace Digitek · client: NEC XON Systems Proprietary Limited

Pace Digitek shares rose ~5% after the company signed an Africa-focused BESS distribution deal with NEC XON Systems Proprietary Limited, giving it market access across five countries and…

Energy Storage
ContractSupply

NEC XON Systems Proprietary Ltd · client: Pace Digitek

Telecom passive infrastructure solutions provider Pace Digitek Ltd on Thursday said it has entered into an Original Equipment Manufacturer exclusivity agreement with NEC XON Systems…

Telecommunications
LaunchReliance Jio Rs 500 Plan

Reliance jio

Reliance Jio Rs 500 Plan Bundles YouTube Premium

Telecom Plan
LaunchCloudLyte

Tata communications

Tata Communications today unveiled its fully automated computing platform CloudLyte.

Platform
ContractService

Railtel corporation of india · client: Uttar Pradesh Police Recruitment and Promotion Board

RailTel's Rs 43.96 crore order from UP Police Recruitment Board to provide security-related ancillary services during recruitment examinations.

Security Services
ContractSupply

Hfcl · client: Na

HFCL also announced that it has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fiber Cables (OFC) through its overseas…

Telecommunications Infrastructure
ContractTechnology

Aarav solutions · client: Ishan technologies

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

Telecommunications
LaunchIZO™ DC Dynamic Connectivity

Tata communications

Tata Communications today redefined resilience for the global digital economy with the launch of IZO™ Data Centre* Dynamic Connectivity, a software‑defined platform designed to transform…

Software‑defined network platform
M&AAcquisition · Completed

Braiin acquires Vis networks

Following its recent listing on Nasdaq with an approximate market capitalisation of $1.62 billion (~INR 14,500 Crore) (as on 26th Mar 2026), global artificial intelligence and digital…

Customer Experience (CX) solutions
M&AAcquisition · Completed

Waaree energies acquires Associated power structures

Over the past year, the company directly or through its subsidiaries acquired a majority stake in transformer manufacturer Kotsons Pvt Ltd, transmission towers maker Associated Power…

Transmission Towers
Funding

Wiom

Through 2025, the technology investor deployed $675 million in companies such as Urban Company, PayU, Rapido, Ixigo, Wiom, Deccan AI, CodeKarma, and Arivihan.

Investors Prosus
ContractInfrastructure

Pace Digitek · client: North Western Railway

Pace Digitek Limited has announced the receipt of a significant contract valued at ₹226.42 million, inclusive of GST, from North Western Railway.

Infrastructure
ContractSupply

Avantel ltd · client: M/s. Zetwerk Manufacturing Businesses Limited

Rate Contract worth of Rs.459.90 Crore (Rupees Four Hundred Fifty-Nine Crore and Ninety Lakh Only) exclusive of taxes, vide Contract Ref No: ZMBL/Avantel/RTIS/01255079A/01, mail dated…

Technology
FundingPre-Series A

Velmenni

Velmenni secured about $3.3 million in a pre-Series A round led by pi Ventures.

Investors Pi ventures
DeepTech
ContractSupply

Hfcl · client: A global multinational corporation

HFCL said it has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fibre Cables (OFC) through its overseas, wholly owned…

Telecommunications
LaunchNGAGE for Enterprises

Comviva

Comviva has announced the launch of NGAGE for Enterprises, a next-generation communications platform as-a-service (CPaaS) platform designed to help enterprises deliver seamless, secure,…

Communications platform as a service (CPaaS)
M&AAcquisition · Announced

Sar televenture acquires Grand foundry

SAR Televenture Limited has announced a mandatory open offer to acquire additional equity shares of Grand Foundry Limited following its agreement to purchase a controlling 70.17% stake…

ContractSupply

Nec corporation · client: Tejas networks

Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that it has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.

Telecommunications
ContractSupply

Tejas networks · client: Nec corporation

Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that it has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.

Telecommunications
Funding

Tejas networks

We would like to inform you that Tejas Networks Limited (‘the Company’) has on February 18, 2026, received an amount of Rs. 69.9658 Crore (Rupees Sixty-Nine Crore Ninety-Six Lakh…

Investors Ministry of communications
Telecom and Networking Products
M&AAcquisition · Announced

Bharti Airtel acquires Indus towers

Bharti Airtel, the promoter of Indus Towers, has further strengthened its control over the telecom infrastructure company by acquiring additional shares in the open market.

Telecom Infrastructure

Telecom companies in Gurugram, by revenue

Browse telecom companies in Gurugram by reported revenue, one-year revenue growth, revenue model, age and stage. The 38 companies below are the largest by their most recent reported revenue among 38 telecom companies in Gurugram, Haryana 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 38

Online platform for tower infrastructure and services

Telecom infrastructure
₹30,468.60 crFY 2024-25
+5%2024–2025
1,845-47% 12 mo to Jul 2024LinkedIn · Oct 2026
20 yr2006
0none in 3 months

Manufacturer & supplier of fibre optic cables, network cables, and industrial cables

Telecom infrastructure
₹831.86 crFY 2024-25
+25%2024–2025
258+98% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
1postings · last posted Oct 2026

Provider of remote monitoring and management of telecom sector

Solar energy
₹431.40 crFY 2024-25
Not reported
141LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Manufacturer of indutrial and optical fibre cables

Telecom infrastructure
₹412.10 crFY 2024-25
+98%2024–2025
26-52% 12 mo to Jan 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Engineering and installation services provider

Bpo services
₹357.86 crFY 2024-25
-16%2024–2025
2+0% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
0none in 3 months

Satellite communication services provider

Telecom operators
₹323.70 crFY 2024-25
+68%2024–2025
590+0% 12 mo to Mar 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Location based analytics and intelligence solutions provider

Oss & bss
₹252.73 crFY 2024-25
+14%2024–2025
401-9% 12 mo to Jul 2024LinkedIn · Jul 2026
32 yr1994
4postings · last posted Sep 2026

Provider of hosting and telephony services

It services
₹203.60 crFY 2024-25
+31%2024–2025
413+8% 12 mo to Sep 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months

Provider of operations and management services for active and passive components of cellular networks

Telecom infrastructure
₹176.63 crFY 2024-25
+15%2024–2025
409+24% 12 mo to Feb 2023LinkedIn · Oct 2026
16 yr2010
0none in 3 months

Provider of wireless, AI, product engineering, digital transformation, and test automation solutions.

It services
₹137.94 crFY 2024-25
+11%2024–2025
770+1% vs previous recordLinkedIn · Jul 2026
8 yr2018
5postings · last posted Sep 2026

Network engineering and installation services provider

Telecom infrastructure
₹81.53 crFY 2024-25
Not reported
79+17% 12 mo to Dec 2022LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Network design, planning and installation services provider

Telecom infrastructure
₹67.45 crFY 2024-25
+12%2024–2025
126+8% vs previous recordLinkedIn · Jul 2026
25 yr2001
0none in 3 months

Network integration and equipment distribution services provider

Enterprise networking
₹59.77 crFY 2024-25
-3%2024–2025
36+4% 12 mo to Jun 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Oct 2016

Provider of internet services for individuals and business sectors

Telecom operators
₹48.61 crFY 2024-25
+10%2024–2025
7LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of telecommunication infrastructure services

Telecom infrastructure
₹30.45 crFY 2021-22
Not reported
60+5% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of diversified BPO services

Bpo services
₹32.62 crFY 2024-25
+16%2024–2025
125recorded
17 yr2009
0none in 3 months

Provider of wifi internet services

Telecom operators
₹25.71 crFY 2024-25
+58%2024–2025
312+89% 12 mo to Jul 2024LinkedIn · Oct 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Manufacturer and supply steel tower for telecom industries

Electricity transmission & distribution equipment
₹22.75 crFY 2022-23
+54%2022–2023
76LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Telecom Equipment for Rural Areas

Telecom infrastructure tech
₹19.35 crFY 2024-25
-44%2024–2025
489-24% 12 mo to Jul 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Fixed line, wireless internet, TV services and data center services provider

Telecom operators
₹15.80 crFY 2024-25
-17%2024–2025
162-4% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Aug 2026

Provider of network installation services

Telecom infrastructure
₹14.57 crFY 2024-25
+8%2024–2025
60+69% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted Feb 2026

Fiber optic telecom services provider

Telecom operators
₹7.10 crFY 2021-22
Not reported
52LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of telecommunication network design, installation, and commissioning projects for various sectors

Telecom infrastructure
₹6.24 crFY 2024-25
-65%2024–2025
31LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Digital infrastructure provider specializing in fiber networks for enterprises

Telecom infrastructure tech
₹5.53 crFY 2024-25
+371%2024–2025
136LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of integration, installation and O&M services for telecom operators

Telecom infrastructure
₹5.47 crFY 2024-25
+97%2024–2025
27-22% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months · last posted Jul 2025
38 of 59 companies shown here · the full list is on Radar
Fliar Radar

Explore all 59 telecom companies in Gurugram on Radar

This page shows the top 38. Radar has the complete, filterable list with contacts and live company signals.

Open telecom in Gurugram on Radar
  • Every company, not just 50All 59 telecom companies in Gurugram, 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 telecom companies in Gurugram by what you are looking for

Browse top telecom companies in Gurugram, from telecom operators and broadband providers to tower and fiber infrastructure firms. Telecom startups in Gurugram, listed telecom companies and firms hiring are included.

8 ways to explore telecom in Gurugram

Telecom operators & internet service providersTelecom infrastructure & tower companiesTelecom system integrators & network servicesTelecom software, OSS/BSS & enterprise networkingBusiness telephony & telecom equipment providersListed telecom companies in Gurugram

Telecom operators & internet service providers

Broadband, wireless, satellite and telephony service providers.

  1. Hughes Communications India

    Satellite communication services provider

    Telecom operators
    See in list
  2. RTDS

    Provider of hosting and telephony services

    It services
    See in list
  3. M2M Cybernetics

    Network integration and equipment distribution services provider

    Enterprise networking
    See in list
  4. MNP Interconnection Telecom Solutions

    Provider of internet services for individuals and business sectors

    Telecom operators
    See in list
  5. Wiom

    Provider of wifi internet services

    Telecom operators
    See in list

Telecom infrastructure & tower companies

Companies building and maintaining telecom towers, fiber networks and cables.

  1. Bharti Infratel

    Online platform for tower infrastructure and services

    Telecom infrastructure
    See in list
  2. Orient Cables

    Manufacturer & supplier of fibre optic cables, network cables, and industrial cables

    Telecom infrastructure
    See in list
  3. Flexsol

    Network engineering and installation services provider

    Telecom infrastructure
    See in list
  4. Icon Power Solutions

    Network design, planning and installation services provider

    Telecom infrastructure
    See in list
  5. M2M Cybernetics

    Network integration and equipment distribution services provider

    Enterprise networking
    See in list

Telecom system integrators & network services

Firms that plan, install and integrate telecom networks and equipment.

  1. VNT

    Provider of remote monitoring and management of telecom sector

    Solar energy
    See in list
  2. A2Z Infra Engineering

    Engineering and installation services provider

    Bpo services
    See in list
  3. Amantya Technologies

    Provider of wireless, AI, product engineering, digital transformation, and test automation solutions.

    It services
    See in list
  4. Flexsol

    Network engineering and installation services provider

    Telecom infrastructure
    See in list
  5. M2M Cybernetics

    Network integration and equipment distribution services provider

    Enterprise networking
    See in list

Telecom software, OSS/BSS & enterprise networking

Software for telecom operations, SD-WAN, business communication and analytics.

  1. Lepton Software

    Location based analytics and intelligence solutions provider

    Oss & bss
    See in list
  2. Constl

    Digital infrastructure provider specializing in fiber networks for enterprises

    Telecom infrastructure tech
    See in list
  3. WiFitics

    WiFi marketing solution

    Oss & bss
    See in list
  4. TelEnergy

    Provider of technology management and OPEX reduction solutions for telecom tower infrastructure

    Telecom infrastructure
    See in list
  5. Smartapp

    Mobile app to track users' mobile usage and recommend mobile recharge plans

    Investment tech
    Website
13 companies in Gurugram

Business telephony & telecom equipment providers

Providers of business phone services, smart gateways and telecom test equipment.

  1. MMWL

    Provider of business telephony services

    Telecom end user equipment and services
    Website
  2. Rocket

    Provider of eSIM plans for connectivity

    Telecom infrastructure tech
    Website
  3. STACKIOT TECHNOLOGIES

    Developer & manufacturer of smart gateways and smart applications for wireless two-way radio & data communication systems

    Telecom end user equipment and services
    See in list
  4. Invas Technologies pvt. Ltd.

    INVAS Technologies provides telecom test equipments and innovative value added services.

    Telecom end user equipment and services
    Website
  5. Rimhub

    Rimhub specializes in providing BPO and KPO services.

    Telecom end user equipment and services
    Website

Listed telecom companies in Gurugram

Publicly listed telecom companies based in Gurugram.

  1. Bharti Infratel

    Online platform for tower infrastructure and services

    Telecom infrastructure
    See in list
  2. MMWL

    Provider of business telephony services

    Telecom end user equipment and services
    Website
  3. Shyam Telecom

    Wireless radio, optical communication equipment, and planning services provider

    Telecom infrastructure tech
    See in list
3 companies in Gurugram

Telecom startups in Gurugram

Newer telecom companies founded in recent years.

  1. NM Paribas

    Provider of high-speed broadband internet services

    Telecom operators
    See in list
  2. STACKIOT TECHNOLOGIES

    Developer & manufacturer of smart gateways and smart applications for wireless two-way radio & data communication systems

    Telecom end user equipment and services
    See in list
  3. Broadband

    Provider of broadband plan comparison services in Asia.

    Telecom operators
    Website
  4. Ascomm Networks

    Provider of telecommunication engineering and management consultancy services and solutions

    Telecom infrastructure
    Website
4 companies in Gurugram

Telecom companies hiring in Gurugram

Telecom companies currently recruiting.

  1. Orient Cables

    Manufacturer & supplier of fibre optic cables, network cables, and industrial cables

    Telecom infrastructure
    See in list
  2. Lepton Software

    Location based analytics and intelligence solutions provider

    Oss & bss
    See in list
  3. Amantya Technologies

    Provider of wireless, AI, product engineering, digital transformation, and test automation solutions.

    It services
    See in list
  4. M2M Cybernetics

    Network integration and equipment distribution services provider

    Enterprise networking
    See in list
  5. Wiom

    Provider of wifi internet services

    Telecom operators
    See in list
10 companies in Gurugram
Mobile reach

Top 6 telecom apps from Gurugram

The most-installed Android apps published by telecom companies headquartered in Gurugram — 9.8M installs between them. 6 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 6
1

nexGTv HD

by MMWL

Installs7.0M
Rating3.3439K ratings
Last updatedOct 2023
View on Google Play ↗
nexGTv HD screenshot 1nexGTv HD screenshot 2nexGTv HD screenshot 3nexGTv HD screenshot 4nexGTv HD screenshot 5nexGTv HD screenshot 6
2

Wiom: रिचार्ज वाला घर का नेट

by Wiom

Installs2.6M
Rating5.0143K ratings
Last updatedJun 2026
View on Google Play ↗
Wiom: रिचार्ज वाला घर का नेट screenshot 1Wiom: रिचार्ज वाला घर का नेट screenshot 2Wiom: रिचार्ज वाला घर का नेट screenshot 3Wiom: रिचार्ज वाला घर का नेट screenshot 4Wiom: रिचार्ज वाला घर का नेट screenshot 5Wiom: रिचार्ज वाला घर का नेट screenshot 6
3

timbl broadband

by Timbl

Installs78K
Rating2.02K ratings
Last updatedDec 2025
View on Google Play ↗
timbl broadband screenshot 1timbl broadband screenshot 2timbl broadband screenshot 3timbl broadband screenshot 4timbl broadband screenshot 5
5

roadEase - Incident Alerts

by Lepton Software

Installs6K
Rating—
Last updatedOct 2023
View on Google Play ↗
roadEase - Incident Alerts screenshot 1roadEase - Incident Alerts screenshot 2roadEase - Incident Alerts screenshot 3roadEase - Incident Alerts screenshot 4
The business behind the activity

Telecom financials in Gurugram

Revenue, profit and growth from the filed annual accounts of 33 telecom companies in Gurugram, Haryana for FY24-25 — 41 of the 59 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 97% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹33,507.10 cr

33 companies filing accounts

combined net profit₹10,014.38 cr

29.9% aggregate margin

are profitable70%

23 of 33 companies

median revenue~₹29.2 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five97%

revenue concentration

Six-year view

Combined revenue of filing companies

₹8,361.15 crFY19-2031 filers
₹15,963.65 crFY20-2131 filers
₹29,815.83 crFY21-2232 filers
₹30,920.34 crFY22-2335 filers
₹31,448.59 crFY23-2434 filers
₹33,507.10 crFY24-2533 filers

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

Like-for-like

The same 30 companies over three years

+8%
FY22-23₹30,831.86 cr₹1,841.93 cr net
FY23-24₹31,223.86 cr₹5,947.12 cr net
FY24-25₹33,365.63 cr₹9,991.83 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 cr425% profitable
₹1–10 cr967% profitable
₹10–100 cr1267% profitable
₹100–1,000 cr7100% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking10
0–20%9
20–50%4
50–100%6
Doubled+3

32 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

23profitable
10loss-making
29.9%aggregate margin
3.7%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
ConstlSPACE WORLD DIGITAL SOLUTIONS PRIVATE LIMITED+163%₹29.25 cr
CorsisTELECRATS INDIA PRIVATE LIMITED+98%₹412.10 cr
Hughes Communications IndiaHCIL COMTEL PRIVATE LIMITED+68%₹323.70 cr
WiomOMNIA INFORMATION PRIVATE LIMITED+58%₹25.71 cr
RTDSREAL TIME DATA SERVICES PRIVATE LIMITED+52%₹138.89 cr
FlexsolS R K TELE ENERGY (INDIA) PRIVATE LIMITED+44%₹81.53 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Bharti InfratelIndus Towers Limited32.6%₹30,468.60 cr
RTDSREAL TIME DATA SERVICES PRIVATE LIMITED16.2%₹138.89 cr
Lepton SoftwareLEPTON SOFTWARE EXPORT & RESEARCH PRIVATE LIMITED14.3%₹250.88 cr
MNP Interconnection Telecom SolutionsMNP INTERCONNECTION TELECOM SOLUTIONS INDIA PRIVATE LIMITED10.2%₹48.61 cr
Hughes Communications IndiaHCIL COMTEL PRIVATE LIMITED9.2%₹323.70 cr
Paluck TechnologiesPALUCK TECHNOLOGIES LIMITED8.8%₹102.90 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Telecom infrastructure13₹32,076.39 cr~₹48.4 cr85%31.3%
Telecom operators9₹407.40 cr~₹2.6 cr56%-4.7%
Leaders

Largest telecom companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Bharti InfratelIndus Towers Limited₹30,468.60 cr₹9,922.30 cr32.6%+5%
Orient CablesORIENT CABLES (INDIA) LIMITED₹831.86 cr₹53.26 cr6.4%+25%
VNTVRINDA NANO TECHNOLOGIES PRIVATE LIMITED₹431.40 cr₹25.74 cr6.0%+30%
CorsisTELECRATS INDIA PRIVATE LIMITED₹412.10 cr₹35.46 cr8.6%+98%
Hughes Communications IndiaHCIL COMTEL PRIVATE LIMITED₹323.70 cr₹29.68 cr9.2%+68%
Lepton SoftwareLEPTON SOFTWARE EXPORT & RESEARCH PRIVATE LIMITED₹250.88 cr₹35.76 cr14.3%+16%
RTDSREAL TIME DATA SERVICES PRIVATE LIMITED₹138.89 cr₹22.50 cr16.2%+52%
Paluck TechnologiesPALUCK TECHNOLOGIES LIMITED₹102.90 cr8.8%+1%
FlexsolS R K TELE ENERGY (INDIA) PRIVATE LIMITED₹81.53 cr₹3.29 cr4.0%+44%
Icon Power SolutionsICON POWER SOLUTIONS PRIVATE LIMITED₹67.45 cr₹3.03 cr4.5%+12%
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.

Industry landscape report

Telecom Industry Landscape of India

The financials above are one chapter. The full telecom landscape of Gurugram 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 telecom landscape of Gurugram
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

Telecom funding and M&A across India

160 recorded equity rounds have gone to 2,119 telecom companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gurugram compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months3

US$4.86m

equity rounds, last 24 months9

US$85.63m

raised over five yearsUS$314.21m

38 rounds in India

M&A deals, India68

last 24 months

Capital by year

Equity funding into telecom in India

amount rounds
$8.5m20189
$16m201910
$20bn202021
$26m20215
$35m20229
$17m20236
$150m20249
$81m20257
$4.3m20262

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2020, with US$20.11bn across 21 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$274k4 rounds · median US$137k
SeedUS$21.07m18 rounds · median US$676k
Series AUS$91.75m9 rounds · median US$7.89m
Series BUS$76.65m3 rounds · median US$21.00m
Series CUS$124.46m4 rounds · median US$23.50m
Where the money went · five years

Most-funded sub-sectors

Telecom infrastructure techUS$156.47m15 rounds · 6 companies
Telecom operatorsUS$92.35m11 rounds · 6 companies
Telecom infrastructureUS$49.21m6 rounds · 5 companies
It servicesUS$10.00m1 rounds · 1 companies
Enterprise networkingUS$6.17m4 rounds · 2 companies
Oss & bssUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

60Acquisition
8Merger

Most active acquirers

  1. Bharti Telecom9
  2. Indus towers7
  3. Reliance jio5
  4. Bharti Airtel4
  5. Sar televenture4

Most acquired or merged

  1. Bharti Airtel8
  2. Indus towers4
  3. Airtel4
  4. Vodafone idea4
  5. Associated power structures3

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

Telecom funding in Gurugram

4 telecom companies in Gurugram have recorded equity funding, US$317.41m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gurugram

Meet the people behind telecom companies in Gurugram. 29 of 59 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gurugram telecom companies by sub-sector

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

Keep exploring telecom in India and nearby markets.

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