Information Technology is a significant pillar of any country. And this has been proved correct during the global pandemic when the world was on its knees.
COVID-19 has created havoc on the economies. But for the IT sector, it’s a blessing in disguise. Since companies have shifted their way of operations and adapted to the new normal.
In the post-lockdown world, businesses and individuals require enhanced tools and software to properly function despite the impacts of the pandemic on businesses with the least human interactions.
This has created increased opportunities for IT companies like never before. IT companies in India are the genius brains behind running the smooth operations of a business throughout the country as well as overseas.
Tech companies are not only responsible to ensure safe and sound day-to-day operations but also provide security from various cyberspace crimes and threats. If you’re interested to learn about ethical hacking, here’s the list of the best ethical hacking learning websites.
The truth is no matter what your business is, it can’t sustain itself without the tech infrastructure. So, if you are looking for top IT companies in India to help you solve the complex problems of your business, I’d suggest you look no further than this article.
10 Best IT Companies in India
Based on the establishment, industry experience, client reviews, working conditions, and market capital, we’ve brought you the best IT companies in India and their detailed information to help you select the right solution partner.
Before going forward with the company details let’s compare all the top 10 IT companies in India based on their market value and the year of establishment with the help of the table below.
Company Name | Market Cap (Rs. cr) | Year of Estd. |
TCS | 1,166,728.98 | 1968 |
Infosys | 549,529.65 | 1981 |
HCL Technologies | 258,598.72 | 1976 |
Wipro | 239,613.65 | 1945 |
Tech Mahindra | 95,424.63 | 1986 |
L&T Infotech | 68,985.03 | 1996 |
Mphasis | 31,366.64 | 2000 |
Mindtree | 27,786.58 | 1999 |
Oracle Fin Service | 26,995.36 | 1990 |
COFORGE Ltd. | 15,807.27 | 1992 |
1. Tata Consultancy Services
Tata Consultancy Services Limited (TCS) is the oldest IT and consultancy services company headquartered in Mumbai, Maharashtra (IN). Proudly founded by Tata Sons, this company is a subsidiary of the Tata Empire. It’s the most profitable subsidiary of Tata with the largest workforce. Presently, Rajesh Gopinathan is the CEO and Managing Director.
TCS has 134 subsidiaries in total offering a wide range of products and services. This includes applications development, BPO services, capacity planning, consulting, hardware sizing and software management, and many more.
On 25th August 2004, the company went public and achieved a great position in the market on 8 October 2020 when the company surpassed Accenture in market capitalization. The company is 1st in the list of top 10 IT Companies in India.
Linkedin ID: TCS
2. Infosys
Infosys Limited is the king of all the top IT companies in India. This software development company was founded in 1981 by N.R. Narayana Murthy, Nandan Nilekani, S. Gopalkrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan and Ashok Arora. The company is flawlessly governed by Salil Parekh as a Chief Executive Director.
The company has spread across 82 sales and marketing offices and 123 development centers across the world. Infosys has laid out its footprints across the globe covering all the major countries including the United States, China, Australia, Japan, Middle East, and Europe. In 2019, 87% of the revenue was from the subsidiaries in North America, Europe, and India while the remaining 13% was from the remaining subsidiaries of the world.
Infosys provides a variety of products from software development to independent validation services to multiple domains. However, the major products are NIA (NextGen Integrated AI platform), Infosys Consulting, Infosys Information Platform, Edge Verve Systems, Panaya Cloud Suite, Skava, Engineering Services, and Digital Marketing across the globe.
Linkedin ID: Infosys
3. HCL Tech
HCL Technologies is among the top 10 IT companies in India founded by Shiv Nadar in 1976. Headquartered in Noida, Uttar Pradesh with offices in 44 countries around the world including the UK, US, France, and Germany.
The company put its first step in the public listed market on 10 November 1999 with 1.42 Cr shares, valued at 4 Rs. Each. As of July 2020, the company had total revenue of Rs 71,265 Cr.
HCL excels in multiple segments of the IT industry few of which are Engineering and R&D Services, Infrastructure Management Services, IoT Works, Digital and Analytics, and Financial Risk and Compliance Solutions. HCL is currently headed by C Vijayajumar and is 5th on the list of best IT companies in India.
Linkedin ID: HCL
4. Wipro
Wipro is a well-reputed name in the IT industry and was founded by Mohamed Premji in 1945 and headed by Abidali Neemuchwala. The company has been headquartered in Bangalore, India, and expanded to 110 countries.
The company went public in 1946 and by the year 2015, the revenue for the company increased to 7.1 billion dollars a year and repeated the business ratio to more than 90% again.
Wipro landed many awards such as ranked 1st in the Asian Sustainability Rating (ASR) of Indian companies in 2010 and became a member of NASDAQ since then.
In 2020, Wipro acquired a milestone when it captured Rational Interaction and announced the launch of a 5G edge service solutions suite built with IBM Technologies. This is ranked 4th in the list of top IT companies in India.
Linkedin ID: Wipro
5. Tech Mahindra
One of the leading home-grown companies, Tech Mahindra is an MNC founded by Anand Mahindra and established its headquarters in Pune, Maharashtra (IN). The subsidiary of Mahindra Group is presently headed by C. P. Gurnani as the CEO and Managing Director.
Tech Mahindra started as an outsourcing firm in collaboration with British Telecom in 1986, later merged with Mahindra groups in March 2012, and created a 2.5 billion dollar IT company to stand out from the competition.
In 2014, the company became the largest independent telecom service company and secured a place in the top 10 IT companies in India. The group has since acquired multiple small-scale companies across the globe and offers various business solutions.
Linkedin ID: Tech Mahindra
6. Larsen and Toubro Infotech
Larsen and Toubro Infotech is a global IT solution and services company established in Mumbai, India. The company was founded in 1996 and is presently headed by A.M. Naik. Currently, headquartered in Mumbai, has 39 offices in 27 countries around the world.
In 2016 L&T revoked offer letters of the new joiners after waiting for 18 months which created a bad reputation for the company. Despite that, the company managed to stay in its position by offering new edge technology to consumers from data engineering, and advanced analytics to knowledge-based automation.
In the age of Automation and Data Science, the company has much to offer already wherein other competitors are still looking forward to adapting to the technology. Therefore, it scores the 6th position among the top IT companies in India.
Linkedin ID: L&T Infotech
7. Mphasis
Mphasis was founded by Jerry Rao and Jeroen Tas as an IT services company. Established and headquartered in Bangalore with Nitin Rakesh as the CEO of the unit.
The company has a huge clientele across the globe and provides applications outsourcing services such as BPO, infrastructure technology, and architecture guidance.
The company holds the 7th spot on the list of best IT companies in India that offers various services to the insurance, government, transportation, communication, and retail industries.
Linkedin ID: Mphasis
8. Mindtree
Mindtree is an Indian multinational IT solution and outsourcing company headquartered in Bangalore, India, and New Jersey, USA. The company was founded by Ashok Soota and 9 other IT professionals in 1999 and is presently governed by Rostow Ravanan.
In 2006, the company got listed on the Bombay Stock Exchange. Mindtree captured the position in the top 10 IT companies in India by introducing a new brand identity and logo with the slogan “Welcome to possible” in September 2012.
The company has 43 offices in 17 countries with a workforce of 20,204 offering support in Application Development and Maintenance, Data Analytics, Digital Services, and Business process management.
Linkedin ID: Mindtree
9. Oracle Financial Services Software Limited
Oracle Finacial Services Software Limited is a subsidiary of Oracle Corporation. The company is based out of Mumbai and was founded in 1990. The company has over 900 customers in 147 countries which helped the company to acquire the 9th position in the Top 10 IT companies in India by Fortune India 500.
The company however has a huge clientele and serves in retail banking, corporate banking, and insurance technology solution provider for the banking industry. It also specializes in risk and compliance management.
10. COFORGE
COFORGE Limited is an Indian-based public company that deals in software and IT services. The company is currently spread across the globe with 11000 employees by 2020. The company is presently governed by Sudhir Singh as a Chief Executive Officer and is headquartered in New Delhi, India.
The company collaborated with the National Institute of Information Technology and launched the initiative “Shiksha” which currently has 4 operational centers and has untaken 5000 underprivileged youth.
The initiative is to train these young minds and introduce them to the world of the IT industry to ensure their better future. The company provides services such as IT Service Management and achieved several recognized awards for the services provided to International Airports.
Final Thoughts on Top IT Companies in India
All these companies made our top 10 IT companies in India list based on the facilities and services they offer to their customers as a one-stop-shop. All the companies have been leading the Information technology industry of India for a long time now and have proven their worth in this market.
Now I’d turn it over to you. I hope you’d like this curated list of IT companies in India. If you’ve any doubt, comment below and let us know.
Further reading: An Ultimate Guide on How to Become a Bug Bounty Hunter