Top 10 IT Companies in India

Top 10 IT Companies in India

IT industry of India, including it services companies in India, has a large contribution to India’s GDP. Nowadays, India is the largest exporter of IT services, and the top five Indian IT companies are Tata Consultancy Services, Wipro, Infosys, Tech Mahindra, and HCL Technologies.

IT sector is majorly made from two parts- IT service and business process outsourcing. IT industry is contributing to the GDP growth of India. The revenue of the IT Industry is increasing day by day.

We discuss the following, which are the top 10 companies in India in the IT sector, that play the most important role in the economy.

Top 20 IT Companies in India

Here is a list of it services companies in India, focusing on Top MNC Software companies.

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Top Most IT Companies in India

Here, list of Top Most IT Company in India.

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List of Indian Top IT Companies

Here, list of Top 10 Information Technology Companies in India.

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List of Top IT Companies in India 2020

Here, list of Top Software Companies in India.

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Top Indian Software Companies with Market Cap 

Here, list of MNC Software companies in India.

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List of IT Company in India with Number of Employees

Here, is a list of Best Software Companies in India.

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Best IT Companies in India

Here, List of Indian IT Companies.

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List of Top 10 It Companies in India 2020

Here, List of Top ten IT Companies in India.

• Tata Consultancy Services.
• Infosys.
• Wipro.
• HCL Technologies.
• Tech Mahindra.
• Larsen & Toubro Infotech.
• Mphasis.
• Mindtree.
• Oracle Financial Services.
• Hexaware Technologies.

1. Tata Consultancy Services

TCS is one of the well-known IT companies in India and placed among the most valuable IT services brands worldwide. Tata Consultancy Services is known as TCS.

Tata Consultancy Services is the most valuable IT services brand in India, and It is a subsidiary of Tata Group. Tata group, India’s largest multinational business group.

TCS is also the largest Indian Information Technology company by revenue and the world’s largest IT services provider.

Tata Consultancy service(TCS) is the Largest IT Company in India by Revenue and Total Market Cap for an IT company, and It is the largest in the list of top 10 IT companies in India 2021.

TCS was found in 1968, headquarters in Mumbai, and now Tata Consultancy Services(TCS) has over 200 offices across 46 countries and 149 delivery centers in 21 countries.

TCS provides IT services, Business and consulting, and Digital transformations to the world’s largest businesses and serves IT services and the IT consulting Industry in their transformation journeys for the last 50 years.

TCS offers a consulting-led, cognitive-powered Business, technology, and engineering services and solutions integrated portfolio.

The company generated consolidated revenues of US $20 billion for the year ended March 31, 2019, and is listed on the NSE (National Stock Exchange) and the BSE (formerly Bombay Stock Exchange) in India. The company has a market capitalization of Rs 8,10,000 Crores.

The company offers services like mobile apps, Blockchain, Internet of Things, Cloud Solutions, Automation, and AI, Enterprise Apps, Custom Software Development, and many more.

TCS is one of the largest private-sector employers in India and has 448,464 employees.

• CEO: Rajesh Gopinathan
• Headquarters: Mumbai, Maharashtra, India
• Revenue: Rs 161,541 Cr.
• Market Cap: Rs 1,098,792 Cr.
• Employees: 448,464
• ROE: 44.72 %
• Sales Growth-Revenue (3Yrs): 9.8%
• Sales Growth-NetProfit (3Yrs): 7.1%
• Promoter holding: 72.05%

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2. Infosys

Infosys was established in the year 1981. Over 37 years, Infosys is the first NASDAQ-listed Indian IT Company. The company has a world-class training center in Mysore, Karnataka.

Nowadays, Infosys is a BSE and NYSE listed global consulting and IT Service company with 242,371 employees. It is the second largest in the list of top 10 IT companies in India 2020.

Infosys Limited is the second-largest Indian IT company after TCS, and its headquarter is located in Bengaluru and provides business consulting, outsourcing services, and information technology.

Infosys is headquartered located in Bangalore and is one of the most popular companies for employment purposes. 

With 40+ years of experience managing global enterprise systems, they skillfully guide the clients through the digital journey.

Infosys provides software development and various product and services, including NIA – Next Generation Integrated AI Platform (formerly known as Mana), global management consulting service through Infosys Consulting, Infosys Information Platform (IIP) – Analytics platform, Panaya Cloud Suite, Skava, Engineering Services, Digital Marketing.

With a market capitalization of IN 536,899 Cr, It is considered one of India’s best Indian IT companies.

• CEO: Salil Parekh
• Headquarters: Bengaluru, Karnataka, India
• Revenue: Rs 93,594 Cr.
• Market Cap: Rs 536,899 Cr.
• Employees: 242,371
• ROE: 24.97%
• Sales Growth-Revenue (3Yrs): 9.4%
• Sales Growth-NetProfit (3Yrs): 5.0%
• Promoter holding: 12.95%

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3. Wipro

Western India Palm Refined Oil Limited, formerly known as Wipro. 

Wipro is a leading global information technology consulting and business process services company, and it’s among the top 5 Indian IT companies. It is on the list of the top 5 IT companies in India.

Wipro is one of India’s excellent Indian IT companies mentored by Azim Premji and on the list of the top-five IT companies in India. On 6 July 2020, Thierry Delaporte became the new CEO of Wipro.

Wipro is established in the year 1945, Wipro is an Indian IT international cooperation headquartered in Bengaluru. Wipro over 180,000 dedicated employees serves clients for across 6 continents with their skilled for next-generation technologies.

Wipro has a growing field in smart business apps that include IoT technology. Wipro delivers the best services in security, cloud, and networking.

Wipro provides information technology business, consulting, and services to the IT industry and among India’s most trusted brands. Also was the first IT company in India with ISO certification.

Wipro harness the power of cognitive computing, hyper-automation, robotics, analytics, cloud, and emerging technologies to help clients adapt to the digital world for success.

Wipro is the third largest Indian top IT company. It is one of the Indian IT companies recognized globally for its strong commitment to sustainability and good corporate citizenship.

• CEO: Thierry Delaporte 
• Headquarters: Bengaluru, Karnataka, India
• Revenue: Rs 63,862.60 Cr.
• Market Cap: Rs 221,812 Cr.
• Employees: 180,000
• ROE: 24.04%
• Sales Growth-Revenue (3Yrs): 3.2%
• Sales Growth-NetProfit (3Yrs): 4.6%
• Promoter holding: 74.02%

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4. HCL Technologies

HCL Technologies Ltd is one of the best Indian tech companies in India.

6 engineers, led by Shiv Nadar, started an HCL Technologies that would make personal computers, and on dated 11 August 1976, the Company was started as Hindustan Computers Limited (HCL), and its headquarter located in Noida.

The Company is a leading global IT service and consulting company that helps global enterprises re-imagine and transform their businesses through Digital technology transformation.

In the year 2020, Roshni Nadar Malhotra became the Chairman of the HCL, succeeding by the HCL founder Shiv Nadar.

HCL has 150,000+ employees and a Market Cap of 257,933 Cr. HCL is the fourth-largest Indian top it companies.

HCL provides various services, like BPO/Business Services, Applications Services, and Systems Integrations, Engineering and R&D Services (ERS), IoT WoRKS, DRYiCE, Digital & Analytics, Infrastructure Management Services (IMS), Cybersecurity, and GRC Services. 

HCL operates across various sectors, including banking, aerospace and defense, energy, healthcare, media and entertainment, retail, hi-tech, insurance, life sciences, telecom, manufacturing, oil and gas, travel, and logistics.

HCL leverages its global network of global delivery and integrated co-innovation labs capabilities to provide holistic multi-service delivery in key industry verticals, including Telecommunications, Financial Services, Manufacturing, Media, Entertainment, Retail & CPG, Publishing, Life Sciences & Healthcare, Energy & Utilities, Oil & Gas, Travel, Transportation & Logistics, and Government.

• CEO: C Vijayakumar 
• Headquarters: Noida, Uttar Pradesh, India
• Revenue: Rs 71,265 Cr.
• Market Cap: Rs 257,933 Cr.
• Employees: 150,000
• ROE: 24.04%
• Sales Growth-Revenue (3Yrs): 13.6%
• Sales Growth-NetProfit (3Yrs): 8.7%
• Promoter holding: 60.33%

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5. Tech Mahindra

Tech Mahindra Limited, one of India’s top 10 IT companies, is a subsidiary by Mahindra Group, providing information technology (IT) services and business process outsourcing (BPO).

Tech Mahindra is headquartered at Pune and a subsidiary of the Mahindra Group, a provider of Information Technology (IT), and offers a wide range of services, maintenance, including software and engineering design.

Tech Mahindra represents the connected world, enabling Enterprises, offering innovative and customer-centric information technology experiences, Associates, and the Society to Rise.

The company is a 9 billion company with 125,700+ professional employees across 90 countries, helping live 941 global customers, including Fortune 500 companies. It is one of the best IT companies in India.

It provides services like Cloud solutions, web and app development, Enterprise business solutions, Digital supply chain, Custom software development, Data Science, and much more.

Other Top Indian IT Companies has clients from mainly the USA. Tech Mahindra’s primary client bases are in Europe or UK.

After the scandal of Satyam in 2008-09, Tech Mahindra won Satyam Computer Services’ bid to merge Satyam with Tech Mahindra.

• CEO: C.P. Gurnani
• Headquarters: Pune, Maharashtra, India
• Revenue: Rs 38,060.10 Cr.
• Market Cap: Rs 94,609 Cr.
• Employees: 125,236
• ROE: 20.35%
• Sales Growth-Revenue (3Yrs): 8.4%
• Sales Growth-NetProfit (3Yrs): 12.8%
• Promoter holding: 35.82%

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6. Larsen & Toubro Infotech

LTI, part of the list of it services companies in India, was founded in December 1996 as owned subsidiary of Larsen & Toubro Ltd (L&T) group. LTI is also one of the best IT companies in India.

According to NASSCOM, Larsen & Toubro Infotech(LTI) is the sixth-largest Indian IT services company in export revenues. 

Larsen & Toubro Infotech is a subsidiary of L&T, offers software and services to Europe, America, and India.

LTI has 39 offices in 30 countries, accelerating digital transformation with the world’s best businesses and a CMMI level 5 assessed organization.

Larsen & Toubro Infotech Ltd, also known as LTI, is a global IT solutions and services company based in Mumbai, India. 

LTI provides various services such as Infrastructure & Security, Enterprise Solutions, Cloud, Digital Transformation, Applications Management. LTI Mosaic platform offers data engineering, knowledge-led automation, advanced analytics, IoT connectivity using exponential technology. 

• CEO: Sanjay Jalona
• Headquarters: Mumbai, Maharashtra, India
• Revenue: Rs 11,207 Cr.
• Market Cap: Rs 182,132 Cr.
• Employees: 31,437
• ROE: 12.80%
• Sales Growth-Revenue (3Yrs): 10.1%
• Sales Growth-NetProfit (3Yrs): 16.5%
• Promoter holding: 74.62%

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7. Mphasis

Incorporated in June 1992, as a final result of the merger of the Mphasis Corporation of US-based IT company and BFL Software Limited the it companies India, it is one of the top Software and IT companies in India

Mphasis serves the marquee customers across the globe including eleven out of fifteen top mortgage lenders,  six top global banks, and three top global insurance companies and has about 22,000+ employees across in 16 countries. It is among the top software companies in India

Blackstone Private Equity, the world’s largest private equity firm acquired Hewlett Packard Enterprise’s stake (60.5%) in Mphasis. Mphasis’ core reference architectures & tools, combined with strong domain expertise in Banking, Financial Services & Insurance verticals.

Mphasis uses the next-generation technology to help companies to transform globally. With the agile business processes and inventions, they expect the future of applied technology, anticipate tomorrow’s trends to keep the clients at the panel in an ever-changing marketplace. Their next-gen solutions allow enterprises to accelerate the digital transformation journey.

Mphasis IT company based in Bangalore, provides outsourcing services, development and management services to its customers around the world. Today Mphasis is an independent HP subsidiary, earler Electronic Data Systems was purchased stake in Mphasis.

Mphasis provides information technology services, business process outsourcing, infrastructure technology, integrated solutions, and application services.

In June 2006, EDS (Electronic Data Systems) bought a controlling stake (42%) in Mphasis. On dated 13 May 2008, Hewlett-Packard confirmed the acquisition of EDS (Electronic Data Systems). 

• CEO: Nitin Rakesh 
• Headquarters: Bengaluru, Karnataka, India
• Revenue: Rs 7,907 Cr.
• Market Cap: Rs 28,568 Cr.
• Employees: 22,239
• ROE: 32.77%
• Sales Growth-Revenue (3Yrs): 12.6%
• Sales Growth-NetProfit (3Yrs): 14.4%
• Promoter holding: 56.16%

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8. Mindtree

Mindtree Ltd is a global technology consulting and services company helping enterprises marry scale with agility to achieve competitive advantage.

Mindtree is enables IT to move at the speed of business,the efficiencies of Continuous Delivery to spur business innovation and leveraging emerging technologies. Mindtree Operating in 15+ countries across the world made up of 21,000 Employees. Mindtree is among the list of top software companies in India.

Mindtree Limited is multinational information technology an India and outsourcing company and its headquarter located in Bangalore, India, and New Jersey, USA. Founded in 1999, the Company employs approximately 21,991 employees who provide award-winning software solutions.

Mindtree Limited deals in data analytics, cloud computing, and enterprise resource planning, headquartered in Bengaluru, and do its largest operations from India.

Mindtree is one of the new age Indian IT companies that started working on Digital Transformation projects earlier than some of India’s biggest IT companies.

L&T Ltd group acquired Mindtree however it works as a separate entity as compared to an expectation of merging it with Larson and Toubro Infotech (Another IT subsidiary of the L&T group)

Mindtree is a global technology consulting and services company and provides outstanding services for mobile applications, e-commerce, digital transformation, cloud computing, data analytics, and enterprise application integration.

• CEO: Debashis Chatterjee
• Headquarters: Bengaluru, Karnataka, India
• Revenue: Rs 7,839.90 Cr.
• Market Cap: Rs 27,331 Cr.
• Employees: 21,991
• ROE: 19.98%
• Sales Growth-Revenue (3Yrs): 14.0%
• Sales Growth-NetProfit (3Yrs): 14.7%
• Promoter holding: 67.59%

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9. Oracle Financial Services

Oracle Finance Services is formerly known as i-Flex Solutions. Oracle Financial Services is the IT counterpart of a subsidiary by Oracle Corporation to the banking industry.

Oracle Financial Services Ltd was founded in the year 1990. Oracle Finance Services is a subsidiary of Oracle Corporation, and Its headquarters located in Mumbai, India.

It is a major part of Oracle Financial Services as a Global Business Unit.

Oracle Finance Services provides financial services cloud solutions like Engaged Bank, Digital Innovation Platform, and Financial Services API Economy.

Oracle Finance Services company claims to have a customer base of 900+ clients across 150 nations worldwide.

The company focuses on industry segments like Insurance, Banking, and Capital Markets. Oracle Financial Services is their flagship product and helps clients in implementing Information Technology platforms with their business models.

It also has several products for commodity trading compliance, Internal Capital adequacy assessment, enterprise performance management system, etc.

It is said to be an Oracle Corporation with particular attention being paid to delivering IT solutions to the banking sector. The company employs nearly 9 million people, and It is found in nearly 145 countries.

Oracle Financial Services offers a number of commercial products, such as Oracle Financial Services Analytical for Customer Infrastructure, Financial Crime, Oracle FLEXCUBE Universal Banking Suites, Financial Services Data Warehouses, Compliance Management, and Insight. He’s also received the 2014 Seller Award for Computer Theft and Financial Crimes.

Oracle Finance Service provides a wide range of services like outsourcing services, IT services, and business consulting. Oracle Finance Services provides IT Solutions to the Banking Sector.

The company’s offerings of private wealth management cover retail, corporate, and investment banking, trade, funds, cash management, treasury, asset management, lending, payments, and business analytics. Oracle finance Service is one of the top 10 IT companies in India.

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10. Hexaware Technologies

Hexaware Technologies Founded as Information Technology, BPO service company in the year 1990, Nowadays Hexaware Technologies Limited is a global leader of the fastest-growing next-generation IT, BPO, and consulting services provider. It is one of the best Top 10 Indian IT companies in India.  

Hexaware Technologies evolved at the intersection of advanced technologies – AUTOMATE EVERYTHING TM, TRANSFORM CUSTOMER EXPERIENCES TM, CLOUDIFY EVERYTHING TM, that helps in fast-tracking enterprises into the digital era.

Hexaware is headquartered in Navi Mumbai, Maharashtra, India, and has 33 global offices and 18,294+ employees.

Hexaware Technologies specializes in an array of areas and provides software services in Healthcare, Insurance, Banking domain, and Financial. Hexaware Technologies is listed as one of the fastest-growing outsourcing provider companies in India, based in Navi Mumbai.

Hexaware provides various services like Application Transformation and Management Services, Digital Assurance, Business Intelligence and Analytics, Business Process Services, Enterprise Solutions, and Infrastructure Management Services.

Hexaware Technologies voluntarily delisted from the BSE and the NSE as of November 2020.

• CEO: R Srikrishna
• Headquarters: Navi Mumbai, Maharashtra, India
• Revenue: Rs 5,306 Cr.
• Market Cap: Not Applicable as company delisted from BSE and NSE.
• Employees: 18,294