In this article, we discuss the 5 biggest Indian tech companies. If you want to read our detailed analysis of the Indian tech companies, go to 15 Biggest Indian Tech Companies.
5. Flipkart
Number of Employees: 30,000
Sachin Bansal and Binny Bansal established Flipkart in October 2007. It is located in Bengaluru and is one of India’s top E-commerce platforms. Initially, the firm operated as an online bookshop. Later, it expanded its product line to include movies and mobile phones. The firm now sells more than 80 million goods in more than 80 categories. It is capable of delivering eight million packages every month.
In July 2020, a group of investors led by Walmart invested an extra $1.2 billion in the Flipkart Group. Following an equity round, it has a $24.9 billion valuation. In addition, as part of a partnership with Climate Group’s worldwide electric mobility programme, EV100, Flipkart has committed to making the full transition to electric vehicles (EVs) by 2030 throughout the E-commerce value chain.
4. Mphasis Ltd (NSE:MPHASIS.NS)
Number of Employees: 37,500
Mphasis Ltd (NSE:MPHASIS), a global supplier of information technology (IT) solutions with a focus on cloud and cognitive services. It uses cutting-edge technology to support organizations in their global transformation. Mphasis, founded in 1992, serves marquee customers worldwide, including six top international banks, eleven out of fifteen leading mortgage lenders, and three top global insurance firms, and employs around 37,500 people across 21 countries.
In FY2022, Mphasis Ltd increased revenue by 22.4% to INR 11,961.4 crore ($1.47 billion), led by development in the banking and capital markets, technology media, telecom and logistics, and transportation verticals. Additionally, Mphasis’ debt coverage metrics remained favourable as of March 31, 2022, with gearing of 0.2x, TD/EBITDA of 0.6x, and interest coverage of 28.5x. The company’s financial indicators should continue to be strong, supported by strong internal accruals and a cosy capital structure.
3. Infosys Limited (NYSE:INFY)
Number of Employees: 345,218
Infosys Limited, based in Bengaluru, Karnataka, is one of India’s most well-known multinational technology companies. Infosys is increasing its global reach, employing over 300,000 people worldwide. Today, Infosys is a well-known multinational corporation with clients in more than 50 nations, including the Middle East, Australia, China, Europe, India, the United States, and Japan. The global revenue of Infosys Limited in the fiscal year 2022 was around $16.3 billion, a considerable rise from the $13.6 billion in the previous year. The company provides services including NIA (Net generation AI platform), Infosys Consulting, Infosys Information platform, EdgeVerve Systems, Panaya Cloud Suite, Engineering services, and digital marketing. The company works in the financial, insurance, and manufacturing sectors.
2. Quess Corp Limited (NSE:QUESS.NS)
Number of Employees: 500,000
Quess Corp is in the business of offering IT services, operating asset management, and workforce management services. Suraj Moraje is the organization’s founder, and Ajit Isaac is the chairman. The business generated INR 13,692 crore ($1.68 billion) in revenue in FY 2022.
With almost 500,000 employees in 9 countries, the company serves approximately 3,000 customers. Bengaluru serves as the company’s nerve centre. Quess Corp has 25 locations worldwide. It has 18 branches in India, two in the Philippines, one in the United Arab Emirates, one in Malaysia, one in Sri Lanka, and one in Singapore.
1. Tata Consultancy Services Limited (NSE:TCS.NS)
Number of Employees: 592,195
Tata Consultancy Services Limited (NSE:TCS) provides IT services, business solutions, and outsourcing. According to industry classification, the corporation works in five primary verticals: banking, finance, insurance, retail and consumer business, communication, media, technology, manufacturing, and other platforms. The Communication, media & technology accounts for 16% of the company’s revenue. The company’s platforms for a range of IT services include TCS BaNCS, TCS iON, Ignio, TCS ADD, TCS HOBS, TCS TwinX, TCS Optumera, TCS Omnistore, Mastercraft, and Jile.
Tata Consultancy Services Limited provides services to some of the biggest companies in the world, such as Alphabet Inc. (NASDAQ:GOOG), Amazon.com, Inc. (NASDAQ:AMZN), OpenStack, Adobe Inc. (NASDAQ:ADBE), Intel Corporation (NASDAQ:INTC), Bosch, Apple Inc. (NASDAQ:AAPL), Oracle Corporation (NYSE:ORCL), International Business Machines Corporation (NYSE:IBM), and Symantec. TCS was discovered to have the most employees, with 5,92,195 working for the IT behemoth. The company’s fiscal year ended on March 31, 2022, with $25.7 billion in revenues.
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