Radar Companies Telecom · Maharashtra
Radar · Telecom in Maharashtra

Best Telecom Companies in Maharashtra, India

The 159 best Telecom companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Jio.

159companies tracked
$21.8Bdisclosed funding
1unicorns
18have raised
FLIAR INTELLIGENCE · TELECOM × MAHARASHTRA

Our analysis of 100 Telecom companies

$83.4b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

100companies analysed
91%cloud-native stacks
2025funding peak (by rounds)
4unicorns
2013median founding year
2.1Mcombined LinkedIn audience
98%of audience held by top 3
1companies hiring publicly (12 mo)

Ranked: Best Telecom companies in Maharashtra

#CompanyRevenueDisclosed fundingRevenue YoYEmployeesFounderTech stackRecent signals
1Jio 🦄
Provider of telecommunication services
$13.6B
FY2025
$20.1B+14%17,642Mukesh Ambani
Founder & CEO
TypeScriptApexCharts.jsGoogle Maps+201 launch
2Idea Cellular
Telecommunication service provider
$5.3B
FY2025
$522M+4%9,786
3Summit Digitel
Provider of wireless telecommunication infrastructure services
$1.6B
FY2025
$500M+7%186Dhananjay Joshi
MD and CEO
Amazon Web ServicesCloudflarecdnjs+11
4STL
Provider of optical fibre network
$477M
FY2025
$31M-3%1,001Anil Agarwal
Founder
WordPressMySQLPHP+281 job opening · 1 award
5Hathway Cable & Datacom
Provider of internet services
$254M
FY2025
+1%3,552Tavinderjit Panesar
Chief Executive Officer
PHPLaravelCloudflare+16
6DEN Networks
Provider of cable TV and fixed line internet services
$148M
FY2025
$181M-3%476S N Sharma
CEO
PHPYouTubeCodeIgniter+9
7Commtel Networks
Commtel Networks is a global engineering and technology company.
$78M
FY2025
201WordPressApple iCloud MailMySQL+18
8Reliance Communications
Indian Telecommunications service provider
$46M
FY2025
$36K-14%464Javacrypto-jsjQuery
9ONE
Fiber-optic internet and TV services provider
$41M
FY2025
$41M+12%177
177 → 199 (+12%)
WagtailPythonUbuntu+29
10CelerityX
Provider of digitally-enabled networking solution brands
$41M
FY2025
+12%154
11Satec
Company specializing in engineering and infrastructure solutions
$28M
FY2025
$7M+55%750AmarPrakash Agarwal
Founder & Managing Director
WordPressMySQLPHP+20
12Microscan
Provider of speech recognition software training, evaluation, and consultation services
$28M
FY2025
$217K+21%917WixSentryBootstrap+17
13CloudExtel
Provider of wireless & wire line telecommunications
$27M
FY2025
$46M+35%90Kunal Bajaj
Co-Founder & CEO
SalesforceJavaTailwind CSS+112 awards
14Big V
Cloud based telephony solutions to small and medium businesses
$20M
FY2025
+90%65Ashwin Paigwar
Executive Director
15Tikona
Internet service provider
$2M
FY2018
$379M-96%1,152MUIReactReact Router+8
16Shaurrya Teleservices
Provider of telecom infrastructure and digital connectivity solutions for enterprises
$2M
FY2025
$3M+69%Sudeb Sarbadhikary
Co-Founder & Director
WebflowGSAPCloudflare Turnstile+151 expansion
17Cnergee
Provider of integrated network security solutions, including SD-WAN and NGFW
$2M
FY2025
$413K+301%38
38 → 90 (+137%)
Suvarna Kulkarni
Co-Founder & CEO & Managing Director
Windows ServerYouTubeMicrosoft ASP.NET+17
18EasyReach Solutions
IoT based solutions for the retail industry
$2M
FY2025
$158K+132%10Nester Dias
Co-Founder
WordPressMySQLPHP+28
19Acropolis Engineering
Provider of industrial wireless remote control systems for cranes
$2M
FY2025
+32%WordPressMySQLPHP+20
20ComMedia Solutions
Provider of telecom system integration and media services
$2M
FY2022
116
116 → 133 (+15%)
C S Raghava Rao
Founder & Director
TurbopackNode.jsThree.js+101 expansion
21Vegayan
Network management solutions provider
$1M
FY2025
$2M+59%37Prashant SankhlaApache HTTP ServerMicrosoft 365jQuery+1
22AVI Electronics & Networks
Provider of networking, servers, and software services
$524K
FY2025
-75%15WordPressMySQLPHP+22

Top 12 Telecom companies in Maharashtra

#1
Acquired · Mumbai, Maharashtra · founded 2014 · 90 employees
$46.4Mraised

Provider of wireless & wire line telecommunications. It serves telecom operators, internet service providers, data centers, enterprises, and large content providers to address the growing data consumption, supporting 4G densification and the transition to 5G networks. The company as focused on innovative, future-ready connectivity solutions delivering high-speed internet directly to homes and enterprises, emphasizing ultra-modern digital living experiences powered by robust fiber-optic networks and advanced telecom infrastructure.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers
Activity: 2 awards announced in 12 mo
Funding rounds
  • Nov 2025Conventional Debt$22.4M
  • Apr 2024Conventional Debt$24M
  • Oct 2023Seed
Founders & team
Kunal BajajCo-Founder & CEO
Investors
NIIF IFL, Aditya Birla Capital, Advencap, Macquarie
Tech stack
AosApache Http ServerAstroCloudflareCloudflare Bot ManagementGodaddy
#2
Acquired · Mumbai, Maharashtra · founded 2008 · 1152 employees
$379.1Mraised

Internet service provider

Funding rounds
  • Mar 2025Series C$13M
  • Jan 2017Conventional Debt$171M
  • May 2016Series C$19.8M
  • Dec 2015Series C$4.9M
Investors
IFC, Goldman Sachs, Oak Investment Partners, Everstone Capital, L & T Finance Holdings, Green Lotus
Tech stack
AosApache Http ServerApache TomcatCdnjsCloudflareCrypto-Js
#3
Jio 🦄
Series G · Navi Mumbai, Maharashtra · founded 2010 · 17642 employees
$20.1Braised

Provider of telecommunication services. It offers a comprehensive range of connectivity solutions, including 4G, 4G+, and 5G services, along with broadband, mobile devices, and applications. It has expanded into various sectors such as entertainment, commerce, financial services, and education.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1.7M LinkedIn followers — 81.3% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Oct 2023Conventional Debt$197.1M
  • Aug 2023Conventional Debt$2.2B
  • Jul 2020Series G$4.5B
  • Jul 2020Series F$100M
Founders & team
Mukesh AmbaniFounder & CEOIsha AmbaniMnaging Director
Investors
Silver Lake, EKN, General Atlantic, Facebook, Vista Equity Partners, Korea Trade Insurance Corporation
Tech stack
AngularAngular MaterialAngularjsAnt DesignAosApache Http Server
#4
Seed · Mumbai, Maharashtra · founded 2021
$2.6Mraised

Provider of telecom infrastructure and digital connectivity solutions for enterprises. The company delivers in-building solutions, access networks, and fiber to the home. It offers network as a service, along with digital compliance resources. The company serves service providers, property owners, and enterprises. It provides infrastructure for wireless, internet core, and fiber optic networks.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Dec 2025Seed$559.5K
  • Sep 2024Seed$1.8M
  • Feb 2024Angel$241.1K
Founders & team
Sudeb SarbadhikaryCo-Founder & DirectorPankaj AgrawalCo-Founder & DirectorMahesh ChoudharyCEO
Investors
Universal Trustee, Ascent Growth Capital, Blue Ocean, Jbs Industries, Shree Radha Vallabh Exim, Arihant Capital
Tech stack
CdnjsCloudflareCloudflare TurnstileFont AwesomeGoogle Font ApiGoogle Hosted Libraries
#5
Funding Raised · Mumbai, Maharashtra · founded 2013 · 186 employees
$500Mraised

Provider of wireless telecommunication infrastructure services. It services include providing passive infrastructure, ensuring quality products and services. Its inclusive and high-growth ecosystem that empowers individuals to reach their full potential.

Funding rounds
  • Sep 2021Conventional Debt$500M
  • Feb 2021Conventional Debt
Founders & team
Dhananjay JoshiMD and CEO
Investors
SBI, HDFC Bank, Punjab National Bank, ICICI Bank, Axis Bank, HDFC
#6
Acquired · Mumbai, Maharashtra · founded 2007 · 476 employees
$181Mraised

Provider of cable TV and fixed line internet services. It provides cable television and broadband services. It offers a wide choice of channels and services spanning all major genres and languages.

Funding rounds
  • Apr 2021Post IPO
  • Sep 2016Post IPO$21M
  • May 2013Post IPO$50M
  • May 2013Post IPO$110M
Founders & team
S N SharmaCEO
Investors
Goldman Sachs, Oliphans Capital, Nomura, Capital 18, Metric Capital
Tech stack
CdnjsCloudflareCodeigniterFlexsliderFont AwesomeGoogle Analytics
#7
Deadpooled · Mumbai, Maharashtra · founded 1995 · 9786 employees
$522Mraised

Telecommunication service provider

Investors
ChrysCapital, Providence Equity Partners, TA, Export Development Canada, IFC, Axiata Group
#8
Public · Pune, Maharashtra · founded 1988 · 1001 employees
$31.3Mraised

The company acts a digital network integrator. They offer solutions like optical inter connectivity, visualised access solutions, network software and system integration, end-to-end solutions provider for global digital networks. They also partner with global telecom companies, cloud companies, citizen networks and large enterprises to deliver solutions for their fixed and wireless networks for current and future needs.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 339k LinkedIn followers — 16.3% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public)
Activity: 1 awards announced in 12 mo
Founders & team
Anil AgarwalFounderPraveen CherianCEOAnkit AgarwalManaging Director
Tech stack
Apache Http ServerBootstrapCloudflareCloudflare Bot ManagementCore-JsElementor
#9
Late Stage · Mumbai, Maharashtra · founded 2000 · 177 employees
$41.1Mraised

ONE is an internet service provider which caters to residential and business customers in India. It offers fiber-optic broadband internet access (with data speeds up to 25 Mbps), multiple speed based internet plans, managed WiFi, TV services, installation, maintenance, and support services. It also provides WiFi hotspots. It provides these services through its own network.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Mar 2016Unattributed$40M
  • Sep 2006Unattributed$1.1M
Investors
In Network Entertaiment, Indusind Media Communications, Aasia Enterprise, Hinduja Group
Tech stack
Apache Http ServerAxiosBootstrapCdnjsCentosCloudflare
#10
Early Stage · Mumbai, Maharashtra · founded 1999 · 238 employees
$18.3Mraised

Telecom equipment manufacturer and infrastructure services provider. It is set up for manufacturing various products for RF cables, Transmission lines, in-building solutions materials, tower accessories, electrical and mechanical site materials and a range of RF antennas. It also provides end to end telecom infrastructure services. Its services range from maintenance of electrical infrastructure in base transceiver station sites to diesel filling activity in diesel generators for sites with proper monitoring and record.

Funding rounds
  • Nov 2010Unattributed$8.3M
  • Jun 2007Unattributed$10M
Founders & team
Balkishan ChoudharyDirectorSayeedkhan KhanDirector
Investors
JAFCO Asia, IndoUS Venture Partners, British International Investment, New Enterprise Associates, HAV 3 Holdings, EQ India Advisors
Tech stack
Litespeed
#11
Seed · Mumbai, Maharashtra · founded 2006 · 37 employees
$1.5Mraised

Vegayan Systems is a network management solutions provider which caters to telecom operators, services providers, and enterprises in India and overseas. Its product offerings include Simplus Product Suite for monitoring, control, optimization, and management of network infrastructure. Its features include real-time network monitoring and trap-handling capabilities using a direct network interface; data collection and analysis of topology, inventory, fault, performance and configuration of the network; service provisioning, and network device management solutions. It also provides network deployment, consulting, and support services. It has received several awards which include awards from Intel, Indian Department of Science and Technology (DST), National Association of Software and Services Companies (NASSCOM) and The Indus Entrepreneurs (TiE).

Funding rounds
  • Nov 2020Angel$15.1K
  • Feb 2020Angel$224.3K
  • Feb 2019Angel$13.4K
  • Mar 2016Angel$134.6K
Founders & team
Prashant SankhlaAmit ModiMahesh Bhatt
Investors
Nadathur, India Innovation Fund, DFJ, TR Capital, Equirus Capital, SINE
Tech stack
Apache Http ServerGoogle Hosted LibrariesJqueryMicrosoft 365
#12
Seed · Mumbai, Maharashtra · founded 2004 · 750 employees
$7.2Mraised

Company specializing in engineering and infrastructure solutions. It offers various sectors, including solar infrastructure, prefabricated structures, and heavy construction include Multi Storey, Prefabricated & Bridges and Heavy Structures, Pre-Engineered Buildings, Solar Infrastructure, Cold Storage and Telecom & Transmission Towers.

Funding rounds
  • Aug 2012Seed$1.4M
Founders & team
AmarPrakash AgarwalFounder & Managing Director
Investors
Trans Fleet
Tech stack
BabelBootstrapContact Form 7Core-JsExactmetricsFont Awesome

Funding & investor landscape

$21.8Btotal disclosed funding
17companies funded
57disclosed rounds
0rounds last 90 days
Most active investors
Goldman Sachs3 rounds
Aditya Birla Capital2 rounds
Axis Bank2 rounds
ChrysCapital2 rounds
HDFC Bank2 rounds
ICICI Bank2 rounds
IFC2 rounds
Providence Equity Partners2 rounds
SBI2 rounds
Union Bank of India2 rounds

Notable founders

Kunal Bajaj
Co-Founder & CEO · CloudExtel
Mukesh Ambani
Founder & CEO · Jio
Isha Ambani
Mnaging Director · Jio
Sudeb Sarbadhikary
Co-Founder & Director · Shaurrya Teleservices
Pankaj Agrawal
Co-Founder & Director · Shaurrya Teleservices
Dhananjay Joshi
MD and CEO · Summit Digitel
S N Sharma
CEO · DEN Networks
Anil Agarwal
Founder · STL
Praveen Cherian
CEO · STL
Balkishan Choudhary
Director · Microequal
Sayeedkhan Khan
Director · Microequal
Prashant Sankhla
· Vegayan
Prism market signals · India · country-scoped Prism corpus, 343,009 docs

Market landscape — 10 sub-themes by coverage

Share of Telecom coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · India

How research on 5G / 6G Networks is moving in India

A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,678 India-affiliated papers.

research sentiment over time
201320202026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 37% → 55% across 2013–2026.
top research entities
  • Indian Institute of Technology Kanpur149
  • Indian Institute of Technology Delhi113
  • Vellore Institute of Technology University89
  • Indian Institute of Science Bangalore73
  • Indian Institute of Technology Roorkee69
leading researchers
Aditya K. Jagannatham · Keshav Singh · Sachin Kumar · Suraj Srivastava · Rohit Budhiraja · Lajos Hanzo · Ravi Kumar Gangwar · Ekant Sharma
Breakthroughs870 · 32%
▲ 26%→35% share
▲1.3× share momentum2 median citations70% since 2021mostly methods-led
MIMO breakthrough research is surging — Indian institutional papers rose from 53 to 323, with Beamforming close behind at 54 to 288.
rising sub-themes (early→recent)
  • MIMO53→323
  • Beamforming54→288
  • Electronic engineering23→168
  • Antenna (radio)19→153
  • Telecommunications5→94
Newly emergingOptics 0→22 · Port (circuit theory) 0→18 · Artificial neural network 0→16
Landmark JMB · 214 cites
Advancements1,645 · 61%
▼ 65%→59% share
▼0.9× share momentum2 median citations62% since 2021mostly methods-led
NOMA and Terahertz radiation newly emerged in advancements as MIMO advancement papers scaled from 123 to 551.
rising sub-themes (early→recent)
  • MIMO123→551
  • Beamforming127→437
  • Electronic engineering73→337
  • Antenna (radio)60→260
  • Telecommunications16→116
Newly emergingNoma 0→33 · Terahertz radiation 0→25 · Reinforcement learning 0→17
Landmark Beamforming for Millimeter Wave Communications: An Inclusive Survey · 685 cites
Concerns76 · 3%
3%→3% share
▲1.0× share momentum2 median citations61% since 2021mostly empirical
Concern-flagged Beamforming and MIMO papers doubled, with Antenna and Computer network risks newly emerging in Indian 5G/6G research.
rising sub-themes (early→recent)
  • MIMO8→21
  • Beamforming10→21
  • Telecommunications3→11
  • Electronic engineering4→9
  • Wireless2→7
Newly emergingAntenna (radio) 0→8 · Computer network 0→5
Landmark Mutual Coupling in Phased Arrays: A Review · 154 cites
RESEARCH HOTSPOTS · India

Where 5g 6g is researched across India

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Delhi-NCR244 · +0.63
Hot · MIMOAdvancing · BeamformingOpportunity · Reflector (photography)Concern · Telecommunications
Chennai176 · +0.63
Hot · Image qualityAdvancing · Aperture (computer memory)Opportunity · Image resolutionConcern · Beamforming
Kanpur149 · +0.72
Hot · MIMOAdvancing · Wireless sensor networkOpportunity · 3G MIMOConcern · Relay
Bengaluru95 · +0.60
Hot · WeightingAdvancing · EstimatorOpportunity · Image qualityConcern · Telecommunications link
Roorkee69 · +0.62
Hot · PredistortionAdvancing · AmplifierOpportunity · Computer hardwareConcern · MIMO
Hyderabad65 · +0.65
Hot · Artificial neural networkAdvancing · ThroughputOpportunity · Antenna (radio)Concern · Interference (communication)
Guwahati60 · +0.62
Hot · Selection (genetic algorithm)Advancing · Quality of serviceOpportunity · Channel (broadcasting)
Kharagpur46 · +0.72
Hot · Extremely high frequencyAdvancing · Path lossOpportunity · Wideband
Mumbai33 · +0.60
Hot · Microstrip antennaAdvancing · Diversity gainOpportunity · Directivity
Pune30 · +0.67
Hot · Adaptive beamformerAdvancing · Ground planeOpportunity · Telecommunications
PATENT SIGNAL · India

Who's filing 5g 6g patents in India

India 5g 6g patent filing is accelerating — 4,976 filings from 7,592 assignees (2016–2025), led by JIO Platforms, Tata Consultancy Services, Samsung; annual filings 390→1037.

4,976 filings7,592 assigneespeak 1037/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • JIO Platforms1224
  • Tata Consultancy Services553
  • Samsung407
  • Qualcomm400
  • Wipro364
  • Reliance JIO Infocomm210
  • Centre Of Excellence IN Wireless133
  • Ericsson Telefon AB L M124

Common questions

How many Telecom companies are there in Maharashtra, India?
Radar tracks 159 indexable Telecom companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Telecom companies in Maharashtra, India?
The Telecom companies in Maharashtra, India on this list have raised a combined $21.8B in disclosed equity funding across 17 funded companies.
Which is the highest-funded Telecom company in Maharashtra, India?
Jio is the highest-funded Telecom company in Maharashtra, India, with $20.1B in disclosed equity funding.
How many Telecom companies in Maharashtra, India are funded?
17 of the 159 Telecom companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Telecom unicorns are there in Maharashtra, India?
1 Telecom company in Maharashtra, India on this list is valued at $1B or more.
Who are the top investors in Maharashtra, India Telecom companies?
The most active investors in Maharashtra, India Telecom companies on this list include Goldman Sachs, Aditya Birla Capital, Axis Bank, ChrysCapital, HDFC Bank.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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