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Radar · Telecom Operators in Maharashtra

Best Telecom Operators Companies in Maharashtra, India

The 77 best Telecom Operators companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Jio.

77companies tracked
$21.3Bdisclosed funding
1unicorns
7have raised
FLIAR INTELLIGENCE · TELECOM OPERATORS × MAHARASHTRA

Our analysis of 50 Telecom Operators companies

$110.6b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
98%cloud-native stacks
2025funding peak (by rounds)
1unicorns
2011median founding year

Ranked: Best Telecom Operators companies in Maharashtra

#CompanyRevenueDisclosed fundingEmployeesTech stackFoundedRecent signals
1Jio 🦄
Provider of telecommunication services
$13.6B
FY2025
$20.1B17,642TypeScriptApexCharts.jsGoogle Maps+2020101 launch
2Idea Cellular
Telecommunication service provider
$5.3B
FY2025
$522M9,786—1995—
3STL
Provider of optical fibre network
$477M
FY2025
$31M1,001WordPressMySQLPHP+2819881 award
4Hathway Cable & Datacom
Provider of internet services
$254M
FY2025
—3,552PHPLaravelCloudflare+161959—
5MTNL
Provider of broadband internet, fixed telephony, mobile, and other telecommunication services
$163M
FY2025
—2,018—1986—
6DEN Networks
Provider of cable TV and fixed line internet services
$148M
FY2025
$181M476PHPYouTubeCodeIgniter+92007—
7NetCaster
Provider of wireless wi-fi services
$64M
FY2025
—622—2014—
8Reliance Communications
Indian Telecommunications service provider
$46M
FY2025
$36K464Javacrypto-jsjQuery2002—
9ONE
Fiber-optic internet and TV services provider
$41M
FY2025
$41M177
177 → 199 (+12%)
WagtailPythonUbuntu+292000—
10CelerityX
Provider of digitally-enabled networking solution brands
$41M
FY2025
—154—2023—
11Microscan
Provider of speech recognition software training, evaluation, and consultation services
$28M
FY2025
$217K917WixSentryBootstrap+171996—
12Big V
Cloud based telephony solutions to small and medium businesses
$20M
FY2025
—65—2008—
13Mehta Group
Provider of fiber optic components, solutions, and IP video stream services
$11M
FY2022
—431—19911 launch
14D-VoiS SSV Broadband
Provider of high-speed internet services through wireless, wired, and other connectivity solutions, catering…
$9M
FY2020
———2008—
15Intech Online
Operator of internet services
$7M
FY2021
—352Master SliderPHPBootstrap+92000—
16Gazon India
Provider of internet services
$4M
FY2025
—25WordPressMySQLPHP+242012—
17DNA Infotel
Provider of high-speed broadband internet connections
$3M
FY2025
——WordPressMySQLPHP+162008—
18Tikona
Internet service provider
$2M
FY2018
$379M1,152MUIReactReact Router+82008—
19Datacom
Provider of telecommunications services
$1M
FY2022
—34—1990—
20Orange Infocom
Provider of high-speed internet, data, voice, and video services
$781K
FY2025
——WordPress Block EditorElementorWordPress+252000—
21GBPS Network
Fiber-optic internet services provider
$605K
FY2024
—73—2014—

Top 11 Telecom Operators companies in Maharashtra

#1
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
#2
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 — 82.7% 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
#3
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
#4
Deadpooled · Mumbai, Maharashtra · founded 1995 · 9786 employees
$522Mraised
▾

Telecommunication service provider

Investors
ChrysCapital, Providence Equity Partners, TA, Export Development Canada, IFC, Axiata Group
#5
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 — 16.5% 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
#6
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
#7
Public · Mumbai, Maharashtra · founded 2002 · 464 employees
$36Kraised
▾

Reliance Group’s flagship company, Reliance Communications, is Indian telecommunications service provider which has pan India presence across wireless, wire-line, long-distance,voice, data, video and Internet communication services, offering services on the multi technology (GSM/CDMA/4G) platforms. As of March 2015, RCOM has acquired licenses to launch 4G LTE in 850 MHz band contiguous spectrum across 22 telecom Circles. Reliance also owns under-sea cable system under its subsidiary Global Cloud Xchange, which offers customised solutions for carriers, enterprises and new media companies.

Funding rounds
  • Jun 2022Post IPO$36K
  • Jun 2014Post IPO—
Tech stack
Animate.CssCrypto-JsFont AwesomeGoogle AnalyticsGoogle Font ApiJava
#8
Early Stage · Mumbai, Maharashtra · founded 1996 · 917 employees
$216.8Kraised
▾

Provider of speech recognition software training, evaluation, and consultation services. It offers training on speech recognition and digital dictation software, utilizing proprietary materials developed by experienced trainers. Evaluation services assess the suitability of speech recognition for specific jobs or systems, providing clients with informed decisions. Consultation services encompass implementation across various organizational sizes, tailoring solutions to individual client needs. These services aim to improve workflow efficiency and productivity through voice-based solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers · 16 engagements/post (3.1× cohort median)
Investors
Innovative Offshoring
Tech stack
Apache Http ServerBootstrapCdnjsCloudflareCloudflare Bot ManagementCrypto-Js
#9
Series A · Nashik, Maharashtra · founded 2018 · 7 employees
—raised
▾

Wireless internet infrastructure Provider

Funding rounds
  • Mar 2019Series A—
Founders & team
Bhushan ThakkarCEO & Sales Director
Investors
Venture Catalysts
#10
Acquired · Mumbai, Maharashtra · founded 1959 · 3552 employees
—raised
▾

Provider of internet services. It offers high-speed fiber-to-home broadband, cable broadband, digital cable TV services with HD/DVR set-top boxes, enterprise broadband and leased lines, OTT bundles, and customer support.

Founders & team
Tavinderjit PanesarChief Executive Officer
Investors
Steadview, Goldman Sachs, Providence Equity Partners, Capital Group, ChrysCapital, Kaup Capital
Tech stack
Amazon CloudfrontAmazon Web ServicesApache Http ServerCdnjsCentosCloudflare
#11
Seed · Mumbai, Maharashtra · founded 2010 · 16 employees
—raised
▾

Aeon Group is a multi-play broadband company. Aeon Communication is in process of building a formidable platform to add value-added-services over existing cable communication platform in India : end-to-end platforms to enable service and content provision. Aeon Media provides necessary infrastructure to upgrade existing coaxial cable from current one way to two way data transmission : to be trust platform between content owners, network service providers and subscribers. Aeon Infosystems is an IT enabled services firm which has been involved in business of Enterprise Application Software development and an open source and dynamic Enterprise Resources Management & Controlling System. Claims to provide cost effective and technologically advanced solutions for school education in K-12 segment with focus on combining technology with traditional classroom teaching. Claims that Intel Corporation has awarded Technology Sponsorship to ACPL and has invested in the company through Intel Capital.

Funding rounds
  • Dec 2011Seed—
Investors
Intel Capital
Tech stack
GnuboardMysqlPhpNode.JsReactNext.Js

Funding & investor landscape

$21.3Btotal disclosed funding
8companies funded
37disclosed rounds
0rounds last 90 days
Most active investors
Goldman Sachs3 rounds
ChrysCapital2 rounds
IFC2 rounds
Providence Equity Partners2 rounds
2i Capital1 rounds
7GC1 rounds
ADIA1 rounds
Aasia Enterprise1 rounds
Aditya Birla1 rounds
Aditya Birla Capital1 rounds

Notable founders

Mukesh Ambani
Founder & CEO · Jio
Isha Ambani
Mnaging Director · Jio
S N Sharma
CEO · DEN Networks
Anil Agarwal
Founder · STL
Praveen Cherian
CEO · STL
Bhushan Thakkar
CEO & Sales Director · EasyFi
Tavinderjit Panesar
Chief Executive Officer · Hathway Cable & Datacom
Prism market signals · India · country-scoped Prism corpus, 6,013,202 docs

Market landscape — 10 sub-themes by coverage

Share of Telecom Operators 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
Breakthroughs are rising (26%→35% of field), led by MIMO.
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
Advancements are cooling (65%→59% of field), led by MIMO.
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
Concerns are cooling (3%→3% of field), led by MIMO.
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
  • Samsung406
  • Qualcomm400
  • Wipro364
  • Reliance JIO Infocomm210
  • Centre Of Excellence IN Wireless133
  • Ericsson Telefon AB L M124

Common questions

How many Telecom Operators companies are there in Maharashtra, India?
Radar tracks 77 indexable Telecom Operators companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Telecom Operators companies in Maharashtra, India?
The Telecom Operators companies in Maharashtra, India on this list have raised a combined $21.3B in disclosed equity funding across 8 funded companies.
Which is the highest-funded Telecom Operators company in Maharashtra, India?
Jio is the highest-funded Telecom Operators company in Maharashtra, India, with $20.1B in disclosed equity funding.
How many Telecom Operators companies in Maharashtra, India are funded?
8 of the 77 Telecom Operators companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Telecom Operators unicorns are there in Maharashtra, India?
1 Telecom Operators company in Maharashtra, India on this list is valued at $1B or more.
Who are the top investors in Maharashtra, India Telecom Operators companies?
The most active investors in Maharashtra, India Telecom Operators companies on this list include Goldman Sachs, ChrysCapital, IFC, Providence Equity Partners, 2i Capital.
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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