Radar Companies Telecom End User Equipment and Services · India
Radar · Telecom End User Equipment and Services in India

Best Telecom End User Equipment and Services Companies in India

The 125 best Telecom End User Equipment and Services companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: STUAM.

125companies tracked
$12Mdisclosed funding
0unicorns
1have raised

Ranking the top Telecom End User Equipment and Services companies in India by disclosed equity funding, this directory tracks 125 firms against a global market that Market Research Future pegs at $718.6B in 2023 and forecasts reaching $1123.2B by 2032 at a 6.13% CAGR. The real money story, though, is in the filings. Tata Communications pulled $2.7B in revenue, up 11% year-on-year. Media Matrix Worldwide hit $206M, up 120%. Across 61 filers, the combined revenue pool lands at $3.5B, with a median of roughly $1M per company. That's earned revenue, not funding rounds.

So what does the funding picture actually look like here? Total disclosed equity across all 125 tracked companies is $12M, concentrated almost entirely in Stuam. Median revenue growth sits at just 1% YoY, which I'd call a sector still finding its footing, but the net income outliers tell a different story. Tata Communications booked $185M in net income, nearly 6,947 times the sector median of $26,559. Strict government regulations around new technology implementation remain a structural drag for smaller entrants, and you can see that in the zero-funding count for most of the directory. App install growth at 16% YoY suggests demand is real. The revenue concentration just isn't spreading yet.

Sources & further reading
  • Technavio

Ranked: Best Telecom End User Equipment and Services companies in India

#CompanyDisclosed fundingRevenueEmployeesFoundedFounderTech stackRecent signals
1Abm Tele Mobiles
Manufacture of radio, television, communication equipment, and related apparatus
$317M
FY2025
1332008
2Go IP Global Services
Provider of optical fiber network products designing and development services
$30M
FY2025
1521994Google MapsAnimate.cssBootstrap+13
3Convergent Wireless Communications
Provider of wired and wireless networking products and services
$15M
FY2025
105
105 → 89 (-15%)
2012Herga Kedlaya
MD
BootstrapApache HTTP ServerGoogle Font API+4
4Cloud Infotech
Provider of business phone systems and VoIP phone systems
$10M
FY2025
56
56 → 106 (+89%)
2009Rajiv Goyal
Managing Director
PHPBootstrapApache HTTP Server+171 launch
5ElektronikLab
Provider of navigation applications for land, marine, and aeronautical industries
$9M
FY2025
2005Nanda Kumar
CEO
PleskWindows ServerMicrosoft ASP.NET+9
6Globaltelelinks
A Swiss-based International long distance telecom company
$8M
FY2022
7JRI Technologies
JRI Technologies offers white-labeled payment and recharge frameworks via Software-as-a-Services.
$7M
FY2025
2010Anannya Datta
Founder & CEO
8Fastech India
Provider of telecommunications testing, monitoring, and assurance solutions
$4M
FY2025
Kartik Parikh
CEO
WordPress Block EditorElementorWordPress+281 partnership
9Datafield India
Manufacturer and exporter of telephone cords, specialty wires, and cables
$4M
FY2023
1871992Sudhakar Alapati
CEO
BootstrapApache HTTP ServerIsotope+6
10astTECS
Provider of cloud based VoIP telephony services
$3M
FY2025
2122007WordPressMySQLPHP+263 job openings
11Airpro
Designer and manufacturer of wired and wireless networking solutions
$3M
FY2025
192007WordPressMySQLPHP+20
12Icon Dapl$2M
FY2022
16
13Cosmictech$2M
FY2022
10WordPressApple iCloud MailMicrosoft 365+30
14Gigantic Infotel
Provider of internet bandwidth to Internet telephony
$2M
FY2025
512002Node.jsUbuntuTailwind CSS+8
15Elision Technologies
Provider of optical measurement solutions for industrial and scientific applications
$1M
FY2025
51
51 → 122 (+139%)
2007Mehul Shah
Founder & CEO & MD
WordPress Block EditorWordPressMySQL+40
16BPL
Manufacturer of telecommunication equipment
$1M
FY2022
7501997BootstrapLiteSpeedGoogle Font API+5
17STUAM
Provider of telecom products and services
$12M$858K
FY2023
1998Rama Rao Sreeramaneni
Founder & CEO
Three.jsBootstrapApache HTTP Server+10
18Antriksh Technosys
Provider of telecommunications and security equipment, specializing in walkie talkies, signal repeaters, and…
$837K
FY2025
2009Renu Arora
CEO
WordPressPleskMySQL+27
19Aria Telecom Solutions
Provider of call center and phone communication services
$471K
FY2025
492003Ravindra Saini
Founder & CEO
YouTubeNginxOpenResty+5
20Asmaitha
Manufacturer of wireless communication products
$435K
FY2025
25
25 → 58 (+132%)
2010Nageshwar Rao
Founder
WordPressMySQLPHP+20
21Haloocom
Provider of business phone systems and VoIP phone systems
$286K
FY2025
332017Levis Wilson
CEO
WordPressMySQLPHP+30

Top 1 Telecom End User Equipment and Services companies in India

#1
Early Stage · Hyderabad, Telangana · founded 1998
$12Mraised

Provider of telecom products and services

Founders & team
Rama Rao SreeramaneniFounder & CEO
Investors
Cyient, Core Green

Funding & investor landscape

$12Mtotal disclosed funding
1companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
AIC-Pinnacle1 rounds
Core Green1 rounds
Cyient1 rounds
Global Incubation Services1 rounds
Morpheus Gang1 rounds
Reliance Venture Asset Management1 rounds
SCEI1 rounds
TCV1 rounds
Prism market signals · India · country-scoped Prism corpus, 6,889,257 docs

Market landscape — 10 sub-themes by coverage

Share of Telecom End User Equipment and Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Telecom End User Equipment and Services companies are there in India?
Radar tracks 125 indexable Telecom End User Equipment and Services companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Telecom End User Equipment and Services companies in India?
The Telecom End User Equipment and Services companies in India on this list have raised a combined $12M in disclosed equity funding across 1 funded companies.
Which is the highest-funded Telecom End User Equipment and Services company in India?
STUAM is the highest-funded Telecom End User Equipment and Services company in India, with $12M in disclosed equity funding.
How many Telecom End User Equipment and Services companies in India are funded?
1 of the 125 Telecom End User Equipment and Services companies in India on this list have disclosed at least one equity funding round.
How many Telecom End User Equipment and Services unicorns are there in India?
None of the Telecom End User Equipment and Services companies in India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in India Telecom End User Equipment and Services companies?
The most active investors in India Telecom End User Equipment and Services companies on this list include AIC-Pinnacle, Core Green, Cyient, Global Incubation Services, Morpheus Gang.
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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