Company lists
The Maharashtra edition · 2026

Telecomcompanies in Maharashtra

Operators & broadband, towers & infrastructure, equipment & services, enterprise networking, OSS/BSS & software and more: the companies building telecom in Maharashtra, with their founders, funding, team size and business models.

323 company profiles100 with reported revenue6 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent telecom business events in Maharashtra

Funding, M&A, contract wins and launches involving 437 telecom companies in Maharashtra, last 24 months: 22 launches · 20 Contracts · 14 M&A deals · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

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
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
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
ContractTechnology

hpw Metallwerk · client: Ksh international

has signed an exclusive license agreement with KSH International Limited (KSH) …

Automotive, E-mobility
ContractSupply

Nvidia · client: Jio Platforms

NVIDIA has commenced the delivery of its latest GH200 AI chips to Indian partners Tata Communications and Jio Platforms.

AI Infrastructure
FundingEquity investment

Shaurrya Teleservices

Shaurrya Teleservices, a company focused on providing Digital Transformation Solutions through building neutral digital infrastructure, today announced that it has secured an equity…

Investors Invicta Fund
Digital Transformation Solutions
LaunchGoogle AI Pro

Reliance jio

Reliance Jio has widened access to its latest digital offer, allowing users of all age groups to claim 18 months of free Google AI Pro.

AI subscription
ContractMaintenance

Pace Digitek · client: Tata teleservices

Pace Digitek Limited has secured a Rs. 185.87 crore Operation & Maintenance contract from Tata Teleservices, starting October 2025 for an initial 3.5 years with possible extension.

Telecom infrastructure
Contract

Shaurrya Teleservices · client: Na

Shaurrya Teleservices is reportedly planning to provide digital connectivity solutions to developers to enable the internet of things (IoT), 5G and 6G in residential and commercial…

ContractTechnology

Nokia · client: Microscan Infocommtech

– Nokia today announced that Microscan Infocommtech (Microscan) will deploy its optical network solution in Microscan’s Mumbai and Pune, Maharashtra, networks to address the surging…

Technology
M&AAcquisition · Announced

Sar televenture acquires Tikona

Shares of telecom infrastructure company SAR Televenture are in focus as the company has announced a Share Purchase Agreement (SPA) with L&T Finance Limited for the acquisition of its…

M&AAcquisition · Completed

Multiple Buyers acquires Jio Platforms

Since April last year, the company has sold off a third of its digital subsidiary, Jio Platforms, for a total of ₹152,056 crore.

ContractInfrastructure

Asia Direct Cable (ADC) consortium · client: Tata communications

Tata Communications on Tuesday announced the integration of a new submarine cable system, TGN-IA2, constructed by the Asia Direct Cable (ADC) consortium, into its existing network.

Telecommunication
LaunchIntelliText OCR

Microscan

Microscan, a global technology leader in barcode, machine vision, and lighting solutions, announces the latest innovation from its award‑winning AutoVISION® machine vision suite:…

Optical Character Recognition
M&AAcquisition · Announced

Sar televenture acquires Tikona infinet limited

SAR Televenture Limited has announced that its Board has approved the share swap for acquisition of a majority stake in Tikona Infinet Limited for a total consideration of Rs 5.78 million.

ContractService

Spacex · client: Jio Platforms

Billionaire Mukesh Ambani-controlled Jio Platforms Ltd. announced a pact with Elon Musk’s SpaceX to offer Starlink Inc.’s satellite internet services in India, a day after rival Bharti…

Telecommunications
ContractTechnology

Starlink · client: Reliance jio

Reliance Jio, owned by India’s richest man Mukesh Ambani, announced its deal with Starlink on Wednesday – a day after Airtel said it was partnering with the Musk-owned firm.

Telecommunications
ContractSupply

Ceragon networks · client: Tata teleservices

Via this agreement the company’s advanced SDH and IP FibeAir® solutions will support Tata Teleservices in expanding its GSM mobile network to seven new communication circles that cover a…

ContractSupply

Tejas networks · client: Tata tele business services

Telecom gear manufacturer Tejas Networks announced that it has deployed its TJ1400 family of carrier-class Fiber-to-the-x (FTTx) and Packet Switching Network (PTN) solutions for Tata…

ContractService

Nvidia · client: Tata communications

Tata Communications is powering its AI cloud infrastructure with Nvidia Hopper GPUs.

AI infrastructure
M&AAcquisition · Completed

Hathway cable & datacom acquires Hathway Cable MCN Nanded

The company will acquire 20,54,832 equity shares from the existing shareholders of Hathway Nanded ... for aggregate cash consideration of Rs 11.

Cable TV Business
M&AAcquisition · Announced

Transaction Solutions International India (TSI India) acquires Tata communications

Transaction Solutions International India (TSI India) will purchase a permissible share of Tata Communications Ltd. (TCPSL) with a wholly owned subsidiary of Tata Communications Payment…

ContractService

Palo alto networks · client: Tata communications

Palo Alto Networks said it plans to expand its existing reselling contract with Tata Communications and work on other partnership avenues.

Technology

Telecom companies in Maharashtra, by revenue

Browse telecom companies in Maharashtra 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 100 telecom companies in Maharashtra 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 telecommunication services

Telecom operators
₹115,088.00 crFY 2024-25
+14%2024–2025
99,901+4% 12 mo to Nov 2023LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of wireless telecommunication infrastructure services

Telecom infrastructure
₹13,729.00 crFY 2024-25
+7%2024–2025
74-1% 12 mo to Jun 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of broadband internet, fixed telephony, mobile, and other telecommunication services

Telecom operators
₹1,373.10 crFY 2023-24
Not reported
2,920-4% 12 mo to Sep 2024LinkedIn · Jul 2026
40 yr1986
—No postings tracked

Passive infrastructure to wireless operators

Telecom infrastructure
₹1,365.69 crFY 2024-25
-4%2024–2025
1,012+10% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Provider of telecommunications infrastructure services offering a range of solutions

Telecom infrastructure
₹401.01 crFY 2021-22
Not reported
113+13% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of cutting-edge digital & internet services

Oss & bss
₹383.37 crFY 2022-23
+984%2022–2023
57-2% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Indian Telecommunications service provider

Telecom operators
₹391.00 crFY 2024-25
-14%2024–2025
18,135-24% 12 mo to Dec 2022LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of fibre optic broadband internet services

Telecom operators
₹383.93 crFY 2024-25
+17%2024–2025
—Not available
10 yr2016
1postings · last posted Jul 2026

Fiber-optic internet and TV services provider

Telecom operators
₹349.04 crFY 2024-25
+12%2024–2025
199+25% 12 mo to Aug 2023LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of IT services suite solutions

Telecom infrastructure tech
₹322.66 crFY 2023-24
Not reported
178+2% 12 mo to May 2024recorded May 2024
86 yr1940
—No postings tracked

Satellite communication services provider

Telecom operators
₹269.01 crFY 2021-22
Not reported
171+20% 12 mo to Aug 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted Jun 2026

Company specializing in engineering and infrastructure solutions

Solar energy
₹239.61 crFY 2024-25
+55%2024–2025
750recorded
22 yr2004
0none in 3 months

Provider of network planning & design, operations & maintenance and energy management

Telecom infrastructure
₹213.19 crFY 2023-24
Not reported
3,343-2% 12 mo to Sep 2024LinkedIn · Jul 2026
39 yr1987
—No postings tracked

Provider of tower installation and upgradation services

Telecom infrastructure
₹174.27 crFY 2023-24
Not reported
342+67% 12 mo to May 2024recorded May 2024
31 yr1995
—No postings tracked

Cloud based telephony solutions to small and medium businesses

Telecom operators
₹169.52 crFY 2024-25
+90%2024–2025
67LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of metro ethernet switches, MEN switches, gepon onu, gepon olt, and gpon olt solutions for businesses

Telecom infrastructure
₹83.34 crFY 2021-22
Not reported
89+44% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
1postings · last posted Jul 2026

Provider of network design & operating services

Telecom infrastructure
₹94.10 crFY 2024-25
+23%2024–2025
—Not available
19 yr2007
0none in 3 months

Provider of fiber optic components, solutions, and IP video stream services

Telecom operators
₹79.94 crFY 2021-22
Not reported
114+2% 12 mo to Jul 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of network deployment solutions, supporting every phase of the deployment process for voice and data networks

Telecom operators
₹59.89 crFY 2024-25
+7%2024–2025
1,419+21% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

JRI Technologies offers white-labeled payment and recharge frameworks via Software-as-a-Services.

Telecom end user equipment and services
₹58.40 crFY 2024-25
Not reported
21LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of metal recycling services

Telecom infrastructure
₹54.07 crFY 2024-25
+0%2024–2025
212-4% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of telecom network services

Telecom infrastructure
₹38.55 crFY 2024-25
-2%2024–2025
54recorded
15 yr2011
0none in 3 months

Provider of internet services

Telecom operators
₹36.68 crFY 2024-25
+6%2024–2025
188LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of earthmoving, construction, and infrastructure services

Telecom infrastructure
₹33.12 crFY 2023-24
Not reported
73+7% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
0none in 3 months

Provides premium Internet exchange services

Telecom infrastructure
₹32.57 crFY 2024-25
+14%2024–2025
29LinkedIn · Jul 2026
12 yr2014
0none in 3 months
50 of 323 companies shown here · the full list is on Radar
Fliar Radar

Explore all 323 telecom companies in Maharashtra on Radar

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

Open telecom in Maharashtra on Radar
  • Every company, not just 50All 323 telecom companies in Maharashtra, 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 Maharashtra by what you are looking for

Browse top telecom companies in Maharashtra, from telecom operators and broadband providers to tower and network infrastructure firms. Find telecom services companies and telecom startups in Maharashtra by category.

8 ways to explore telecom in Maharashtra

Telecom operators & broadband providersTelecom infrastructure & tower companiesTelecom equipment & end-user servicesEnterprise networking, SD-WAN & 5G companiesTelecom software, OSS/BSS & IT servicesListed telecom companies in Maharashtra

Telecom operators & broadband providers

Mobile, broadband and fibre internet service providers.

  1. Jio

    Provider of telecommunication services

    Telecom operators
    See in list
  2. MTNL

    Provider of broadband internet, fixed telephony, mobile, and other telecommunication services

    Telecom operators
    See in list
  3. Reliance Communications

    Indian Telecommunications service provider

    Telecom operators
    See in list
  4. Tata Play Fiber

    Provider of fibre optic broadband internet services

    Telecom operators
    See in list
  5. ONE

    Fiber-optic internet and TV services provider

    Telecom operators
    See in list

Telecom infrastructure & tower companies

Tower, passive infrastructure and network installation and maintenance providers.

  1. Summit Digitel

    Provider of wireless telecommunication infrastructure services

    Telecom infrastructure
    See in list
  2. GTL Infrastructure

    Passive infrastructure to wireless operators

    Telecom infrastructure
    See in list
  3. DEPL

    Provider of telecommunications infrastructure services offering a range of solutions

    Telecom infrastructure
    See in list
  4. Nelco

    Provider of IT services suite solutions

    Telecom infrastructure tech
    See in list
  5. Satec

    Company specializing in engineering and infrastructure solutions

    Solar energy
    See in list

Telecom equipment & end-user services

Telecom equipment makers, recharge platforms and communication device providers.

  1. JRI Technologies

    JRI Technologies offers white-labeled payment and recharge frameworks via Software-as-a-Services.

    Telecom end user equipment and services
    See in list
  2. Nexapp Technologies

    Platform delivers next-generation connectivity solutions spanning SD-WAN, Zero Trust Network Access, 4G and 5G IoT Gateways, and Enterprise WiFi for B2B, M2M, and IoT ecosystems

    Telecom infrastructure tech
    See in list
  3. SPACE ALITY

    Manufacturer of personalized SIM cards monthly, making it easier for people to connect in a smarter and faster way

    Mobile vas
    Website
  4. Enah

    Provider of information on prepaid mobile recharge plans and telecom news

    Telecom end user equipment and services
    Website
  5. FGTECH

    Provider of routers, switches, and cameras

    It resellers
    Website

Enterprise networking, SD-WAN & 5G companies

Enterprise networking, SD-WAN and 5G enablement providers.

  1. Laser Telesystems

    Provider of office automation, document management, security, and maintenance services

    Telecom infrastructure tech
    See in list
  2. Nexapp Technologies

    Platform delivers next-generation connectivity solutions spanning SD-WAN, Zero Trust Network Access, 4G and 5G IoT Gateways, and Enterprise WiFi for B2B, M2M, and IoT ecosystems

    Telecom infrastructure tech
    See in list
  3. Shaurrya Teleservices

    Provider of telecom infrastructure and digital connectivity solutions for enterprises

    Telecom infrastructure tech
    See in list
  4. Piscis Networks

    Provider of network infrastructure services

    Telecom infrastructure tech
    Website
  5. HexaEdge Networks

    Provider of network communication products and equipments

    Telecom end user equipment and services
    Website

Telecom software, OSS/BSS & IT services

Billing, network management and IT services for telecom operators.

  1. Varanium Cloud

    Provider of cutting-edge digital & internet services

    Oss & bss
    See in list
  2. EasyReach Solutions

    IoT based solutions for the retail industry

    Iot applications
    See in list
  3. Simple2Call

    Cloud-based communication solutions for businesses

    Telecom infrastructure tech
    See in list
  4. Vegayan

    Network management solutions provider

    Oss & bss
    See in list
  5. AVI Electronics & Networks

    Provider of networking, servers, and software services

    It services
    Website

Listed telecom companies in Maharashtra

Publicly listed telecom companies.

  1. MTNL

    Provider of broadband internet, fixed telephony, mobile, and other telecommunication services

    Telecom operators
    See in list
  2. GTL Infrastructure

    Passive infrastructure to wireless operators

    Telecom infrastructure
    See in list
  3. Varanium Cloud

    Provider of cutting-edge digital & internet services

    Oss & bss
    See in list
  4. Reliance Communications

    Indian Telecommunications service provider

    Telecom operators
    See in list
  5. Nelco

    Provider of IT services suite solutions

    Telecom infrastructure tech
    See in list
10 companies in Maharashtra

Telecom startups in Maharashtra

Recently founded telecom companies in Maharashtra.

  1. Shaurrya Teleservices

    Provider of telecom infrastructure and digital connectivity solutions for enterprises

    Telecom infrastructure tech
    See in list
  2. Piscis Networks

    Provider of network infrastructure services

    Telecom infrastructure tech
    Website
  3. M2Py Technologies

    Provider of WiFi internet and fibre network telecommunication services

    Telecom operators
    Website
  4. Vasbeam

    Provider of ASIC, subsystem, and turnkey solutions for antenna systems

    Telecom infrastructure tech
    Website
  5. Vision Broadband

    Provider of internet connectivity, catering to both residential and business needs

    Telecom operators
    Website
27 companies in Maharashtra

Telecom companies hiring in Maharashtra

Telecom companies in Maharashtra with open roles.

  1. Tata Play Fiber

    Provider of fibre optic broadband internet services

    Telecom operators
    See in list
  2. Station Satcom

    Satellite communication services provider

    Telecom operators
    See in list
  3. Optilink Networks

    Provider of metro ethernet switches, MEN switches, gepon onu, gepon olt, and gpon olt solutions for businesses

    Telecom infrastructure
    See in list
  4. DNA Infotel

    Provider of high-speed broadband internet connections

    Telecom operators
    See in list
  5. Shaurrya Teleservices

    Provider of telecom infrastructure and digital connectivity solutions for enterprises

    Telecom infrastructure tech
    See in list
8 companies in Maharashtra
Mobile reach

Top 10 telecom apps from Maharashtra

The most-installed Android apps published by telecom companies headquartered in Maharashtra — 888.2M installs between them. 35 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

MyJio: For Everything Jio

by Jio

Installs887.2M
Rating4.4127.3M ratings
Installs, year on year+15%
Last updatedJun 2026
View on Google Play ↗
MyJio: For Everything Jio screenshot 1MyJio: For Everything Jio screenshot 2MyJio: For Everything Jio screenshot 3MyJio: For Everything Jio screenshot 4MyJio: For Everything Jio screenshot 5MyJio: For Everything Jio screenshot 6
6

Microscan: Recharge & Support

by Spacecom

Installs121K
Rating—
Installs, year on year+22%
Last updatedApr 2026
View on Google Play ↗
Microscan: Recharge & Support screenshot 1Microscan: Recharge & Support screenshot 2Microscan: Recharge & Support screenshot 3Microscan: Recharge & Support screenshot 4Microscan: Recharge & Support screenshot 5Microscan: Recharge & Support screenshot 6
The business behind the activity

Telecom financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 91 telecom companies in Maharashtra for FY24-25 — 121 of the 323 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹178,417.14 cr

91 companies filing accounts

combined net profit−₹17,922.70 cr

-10.0% aggregate margin

are profitable78%

71 of 91 companies

median revenue~₹6.6 cr

the typical company

median revenue growth+6%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹110,918.02 crFY19-2096 filers
₹125,740.58 crFY20-2196 filers
₹130,232.93 crFY21-2293 filers
₹148,311.58 crFY22-2398 filers
₹161,321.22 crFY23-24102 filers
₹178,417.14 crFY24-2591 filers

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

Like-for-like

The same 83 companies over three years

+20%
FY22-23₹147,635.02 cr−₹16,109.88 cr net
FY23-24₹159,277.38 cr−₹14,478.59 cr net
FY24-25₹176,753.63 cr−₹6,477.66 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 cr2665% profitable
₹1–10 cr2785% profitable
₹10–100 cr26100% profitable
₹100–1,000 cr757% profitable
Over ₹1,000 cr520% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking35
0–20%27
20–50%14
50–100%6
Doubled+8

90 companies with accounts for both years; median growth +6%.

Profitability

Profit is concentrated at the top

71profitable
19loss-making
-10.0%aggregate margin
4.1%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
CnergeeCNERGEE TECHNOLOGIES PRIVATE LIMITED
Simple2CallSIMPLE TELECOM PRIVATE LIMITED
EasyReach SolutionsEasyreach Solutions Private Limited
Big VBIGV TELECOM PRIVATE LIMITED+108%₹169.52 cr
Piscis NetworksPISCIS NETWORKS PRIVATE LIMITED+73%
Shaurrya TeleservicesSHAURRYA TELESERVICES PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
DE-CIX IndiaDE-CIX INTERWIRE INTERNET SERVICES PRIVATE LIMITED37.1%₹32.57 cr
Station SatcomSTATION SATCOM PRIVATE LIMITED29.2%₹68.08 cr
Acropolis EngineeringACROPOLIS ENGINEERING LIMITED
JioRELIANCE JIO INFOCOMM LIMITED21.5%₹115,088.00 cr
Suyog TelematicsSUYOG TELEMATICS LIMITED20.1%₹201.52 cr
IccNetSpeedINTERMEDIA CABLE COMMUNICATION PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Telecom operators61₹162,374.98 cr~₹2.6 cr74%-8.7%
Telecom infrastructure10₹15,571.89 cr~₹54.6 cr80%-24.4%
Telecom infrastructure tech9₹106.10 cr~₹12.2 cr89%6.8%
Leaders

Largest telecom companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
JioRELIANCE JIO INFOCOMM LIMITED₹115,088.00 cr₹24,795.00 cr21.5%+14%
Vodafone IndiaVodafone Idea Limited₹44,183.20 cr+4%
Summit DigitelSummit Digitel Infrastructure Limited₹13,729.00 cr−₹2,995.20 cr-21.8%+7%
GTL InfrastructureGTL INFRASTRUCTURE LTD₹1,365.69 cr−₹875.15 cr-64.1%-4%
MTNLMAHANAGAR TELEPHONE NIGAM LIMITED₹1,307.02 cr−₹3,323.51 cr-254.3%+0%
Tata Play FiberTATA PLAY BROADBAND PRIVATE LIMITED₹383.93 cr−₹101.16 cr-26.3%+17%
Reliance CommunicationsRELIANCE COMMUNICATIONS LIMITED₹278.00 cr−₹8,125.00 cr-2922.7%-7%
ONEONEOTT INTERTAINMENT LIMITED₹276.15 cr−₹67.71 cr-24.5%+5%
SatecSATEC ENVIR ENGINEERING (INDIA) PRIVATE LIMITED₹239.61 cr₹38.69 cr16.1%+55%
Suyog TelematicsSUYOG TELEMATICS LIMITED₹201.52 cr₹40.55 cr20.1%+16%
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 Maharashtra 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 Maharashtra
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 Maharashtra 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, Maharashtra14

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 Maharashtra

10Acquisition
4Merger

Most active acquirers

  1. Reliance jio5
  2. Tata communications3
  3. Sar televenture3
  4. Multiple Buyers1
  5. Hathway cable & datacom1

Most acquired or merged

  1. Commotion2
  2. Conmotion Inc.1
  3. Tikona1
  4. Jio Platforms1
  5. Tikona infinet limited1

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

Go deeper in the telecom landscape reports:

Telecom Industry Landscape of India

Telecom funding in Maharashtra

6 telecom companies in Maharashtra have recorded equity funding, US$20.11bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind telecom companies in Maharashtra. 60 of 323 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra telecom companies by sub-sector

The most common specialisations among telecom companies in Maharashtra. 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.

Coming soon