Top 20 Best Software(IT) Companies In India

Software companies in India are very helpful in giving new technologies every day with new product developments. They use to design, develop, and test the products. Software companies contribute a great amount to the Indian economy. Here is the list of 20 best software companies in India.

Top 20 Best Software(IT) Companies In India

1. Tata Consultancy Services Ltd (TCS)

Market Cap – 4 Lakh Crore
Revenue – US$22.031 billion
Headquarters – Mumbai, Maharashtra, India
Number of employees – 448,464
Average salary – 50,000 per month

Tata Consultancy Services Ltd (TCS) is established in the year 1968 by Ratan Tata and Faquir Chand Kohli.  It is the biggest Indian multinational company that is a global leader in IT services, consulting, and business solutions and offers a wide range of services. It has a large network of innovations and new technologies. It is a part of the Tata group and has centers in 149 locations across 46 countries.  It has headquartered in Mumbai, Maharashtra.

2. Infosys Ltd

Market Cap – $46.52 billion
Revenue – US$12.4 billion
Headquarters – Bangalore, Karnataka, India
Number of employees – 243,454
Average salary – 30,000 per month

Infosys Ltd was established in the year 1981 by N.R. Narayana Murthy. It is an Indian based multinational company that is offering Information Technology, Outsourcing Services, and Business Consulting. Its headquartered is located in Bangalore, Karnataka. The company also offers a wide range of services like application development and management, independent validation, product engineering and management, infrastructure management, enterprise application management, and support and integration services.

3. Wipro Ltd

Market Cap – (Rs Cr.) 108,840.91
Revenue – US$8.47 billion
Headquarters – Bangalore, India
Number of employees – 171,425
Average salary – ₹194,801 to ₹1,462,239 a year

Wipro Ltd was established in the year 1945 in Amalner, Maharashtra. It has headquartered in Bangalore, Karnataka. The company works through two parts: IT Services and IT Products. The Company’s IT Services business part provides a wide range of services like IT and IT-enabled services. And the IT Products part provides a different range of services like third-party IT products, which allows it to offer IT system integration services. Wipro has several other companies in its groups.

4. Tech Mahindra Ltd

Market Cap – Rs 52745.87 Crore
Revenue – US$4.9 Billion
Headquarters – Pune, Maharashtra, India
Number of employees – 131,522
Average salary – $52,000 a year

Tech Mahindra Ltd was established in the year 1986 by Anand Mahindra, and it has headquartered in Pune, India. Mahindra Ltd is the Indian Multinational provider of IT networking technology solutions and business process outsourcing to the telecommunication Industry. It is offering a wide range of services like Consulting, customer experience, NextGen Solutions, Enterprise Architecture, Cloud. ADMS Java & Open Source, etc. the company is one of the best top 10 companies in India.

5. Oracle Financial Services Software Ltd

Market Cap – Rs 20,074.33 Crore
Revenue – US$630 million
Headquarters – Mumbai, India
Number of employees – 8,818
Average salary – $42,000 a year

Oracle Financial Services Software Ltd was established in the year 1990. It is a subsidiary of Oracle Corporation. It has headquartered in Mumbai, India. The company provides IT solutions to the Banking industry also. The company also offers a wide range of services including cover retail, payments, lending, and business analytics, private wealth management, corporate and investment banking, funds, trade, treasury, cash management, asset management. Oracle is one of the top software companies in India.

6. Quess Corp Ltd

Market Cap – (Rs Cr.) 3,125.75
Revenue – US$1.2 billion
Headquarters – Bengaluru, India
Number of employees – 385,000
Average salary – ₹18.6lakhs per year

Quess Corp Ltd was established in the year 2007 by Ajit Isaac. It is headquartered in Bengaluru, India. Quess Corp Limited has 3 business verticals namely Workforce Management, Operating Asset Management, Global Technology Solutions. It is also serving It is serving North America, Asia Pacific, Middle East. The company offers a wide range of services under these segments –People & Services, Global Technology Services, Integrated Facilities Management, and Industrial Asset Management.

7. MindTree Ltd

Market Cap – (Rs Cr.) 15,063.46
Revenue – US$980 million
Headquarters – Bangalore, India
Number of employees – 21,267
Average salary – ₹45,373 per month

MindTree Ltd was established in the year 1999 by Subroto Bagchi, Ashok Soota, Namakkal Parthasarathy, Krishnakumar Natarajan. Mindtree Ltd is an Indian multinational information technology and outsourcing company that has headquarters in Bengaluru, India, and New Jersey, USA. The company used to deal with mobile applications, cloud computing, data analytics, e-commerce, digital transformation, EAI, and ERP. MindTree provides services of Digital, Operation, and IT Consulting with Employee Training & Micro-Learning and Field Engineer Inspection.

8. Larsen and Toubro Infotech Ltd (LTI)

Market Cap – (Rs Cr.) 27,862.02
Revenue – US$1.3 billion
Headquarters – L&T House, Ballard Estate, Mumbai, India
Number of employees – 31419 
Average salary – $154,919 per year

Larsen & Toubro Infotech Ltd was established in the year 1996. The company is a subsidiary of Larsen & Toubro. It is headquartered in Mumbai, Maharashtra. It is a global technology consulting and digital solutions company.  L&T is also present across various regions including India, North America, Europe, Middle East, South America, Africa, and Asia Pacific. The company is offering a wide range of services including digital and automation solutions, IT Consulting, IT Service Management.

9. Mphasis Ltd

Market Cap – (Rs Cr.) 13,738.36
Revenue – US$1.1 billion
Headquarters – Bangalore, India
Number of employees – 22,239
Average salary – ₹224,585 to ₹1,611,269 a year

Mphasis Ltd was established in the year 2000. The founders are Jerry Rao, Jeroen Tas. It is headquartered in Bangalore, India. The company provides a wide range of services including IT, architecture guidance, application development and integration, infrastructure technology and application outsourcing services, Business Consulting and Outsourcing Services, and application management services. It is one of the best multinational companies in India with a large no. of customers. 

10.  HCL Technologies Ltd

Market Cap – $21.5 billion
Revenue – US$10 billion
Headquarters – Noida, Uttar Pradesh, India
Number of employees – 147,123
Average salary – ₹627,725 a year

HCL Technologies Ltd was established in the year 1976 by Shiv Nadar, and it has headquartered in Noida, India. It is the Indian Multinational IT service company that has different segments include software services, infrastructure management services, and business process outsourcing services. It has centers in 44 countries including the United States, France and Germany, and the United Kingdom. the company is offering a wide range of services including enterprise transformation, remote infrastructure management, engineering, business process outsourcing, etc.

11. 3i Infotech Ltd

Market Cap – (Rs Cr.) 260.28
Revenue – ₹1,121.75 crore
Headquarters – India
Number of employees – 5500
Average salary – ₹162,387

3i Infotech Ltd is established in 1993. It is an Indian 25-year-old IT company that was promoted by ICIC bank. The key person of the company is Padmanabhan Iyer, (Executive Director & Chief Executive Officer). This company deals in Technology services, IT services outsourcing. The Company gives services such as testing & compliance, application development & maintenance, infrastructure management services, business intelligence & analytics services.

12. IBM India

Market Cap – $111.484B
Revenue – US$77.14 billion
Headquarters – Armonk, New York, U.S
Number of employees – 352,600
Average salary – ₹ 1,89152 per year

IBM India Private Limited is the Indian subsidiary of IBM which came to India in 1992. This software company in India holds the record of employing the largest number of people from 2006. IBM has offices in most of the metropolitans and other important cities in India. It provides services including cloud services, application services, technology consulting, network, digital transformation blog, business strategy, and design and artificial intelligence contracting services.  

13. Datamatics Global Services

Market Cap – (Rs Cr.) 285.90
Revenue – US$160 million
Headquarters – Mumbai, Maharashtra, India
Number of employees – 10,000+
Average salary – $112,653 per year

Datamtics global services were established in the year 1975 by Lalit Surajmal Kanodia. It has headquartered in Mumbai, India. It is an IT outsourcing and business process outsourcing service company. The company has a presence across America, Australia, Asia, and Europe. It uses robotics, artificial intelligence, and machine learning techniques. The company provides a wide range of services like business process management, engineering services, consulting and advisory services, big data and analytics, business intelligence, cloud solutions, internet of things, etc.

14. Cybage Software Pvt. Ltd

Market Cap –
Revenue – $143.4M
Headquarters – Pune, India
Number of employees – 5,692
Average salary – ₹646,704 per year

Cybage Software Pvt. Ltd is an IT consulting company established in the year 1995 by Arun Nathani It has headquartered in Pune, India. It also has offices outside India like in the United States, Canada, United Kingdom, the Netherlands, Germany, Singapore, Japan, and Australia. Cybage works with some of the world’s best independent software vendors. The company offers various services like architectural services, application product development, UX design, support services, marketing and transformation services, and so on.

15. KPIT Technologies Ltd

Market Cap – (Rs Cr.) 1,505.05
Revenue – USD 76.88 Million
Headquarters – Pune, India
Number of employees – 7,000+
Average salary –₹18.6 lakhs per year

KPIT Technologies Ltd is an Indian multinational corporation founded in the year 1990 by Ravi Pandit and Kishor Patil. It has headquartered in Pune, Maharashtra. It provides software to the automated company. It has presence across Europe, the USA, Japan, China, Thailand, and India. It is a global technology company with software solutions that will help in the connected future. It provides solutions including electric and Conventional powertrain, connected vehicles, Mechatronics, Autonomous driving, and ADAS, etc.

16. Trigent

Market Cap – (Rs Cr.) 2,491.92
Revenue – $848.00 Million
Headquarters – Delhi, India
Number of employees – 169
Average salary – ₹578,623 per year

Trigent is an IT outsourcing company founded in the year 1995 by Bharat Khatau. It has headquarters in the United States, Massachusetts, and Southborough. The company enables organizations in finding digital processes and customer engagement models to achieve outstanding results. The company offers a wide range of services including consulting services, design, development, and managed services across Infrastructure, Cloud, Mobility, BI, Analytics, Product Engineering, QA & Testing, IoT, Big Data, and Artificial Intelligence.

17. Confianz

Market Cap – Rs.30 lakh
Revenue – $3.5 Million
Headquarters – Charlotte, North Carolina Charlotte Metropolitan Area
Number of employees – 78
Average salary – 4L – 5.2L per year

Confianz is founded in the year 2008 by Anoop Menon with a vision of providing the most reliable, innovative, and customer-focused IT services to business organizations. The company provides quality software services to clients in almost 50 countries around the world. The company provides solutions including multiple domains, including ERP systems, design, and development of custom websites, web/mobile app, blockchain, and AI-powered apps, and other dedicated customer-defined development projects.

18. Patni Knowledge Park

Market Cap –
Revenue – $655.9 million
Headquarters – Navi Mumbai, Maharashtra, India
Number of employees –
Average salary –

Patni Knowledge Park is founded by Narendra Patni and later IGATE acquired it. It is India’s 6th largest IT services company. It is located in Mumbai, Maharashtra. The Knowledge Park is fulfilling the needs of Patni’s growing business requirements by providing end-to-end IT off-shoring services for clients in the insurance, financial services, manufacturing, and other verticals. Patni has multiple delivery centers across 6 cities, namely Mumbai, Navi Mumbai, Pune, Chennai, Gandhinagar, and Noida.

19.  Cognizant

Market Cap – 30.57B
Revenue – US$16.8 billion
Headquarters – Teaneck, New Jersey, U.S.
Number of employees – 292,500
Average salary – ₹310,231 to ₹1,565,083 a year

It is an American based MNC corporation founded by Kumar Mahadeva, Fransisco D’Souza. IT has headquarters in the United States, New Jersey, and Teaneck. It has global delivery centers in Mumbai, Bangalore, Chennai, Coimbatore, Gurgaon, Hyderabad, Kochi, Kolkata, and Pune in India. The company offers a wide range of services including business process services, application services, consulting, and quality assurance, IT infrastructure services along with digital business, digital operations, digital system, and technology. 

20. CMC Limited

Market Cap – Rs 6,162.41 Cr
Revenue – ₹25,135 million
Headquarters – New Delhi, India
Number of employees – 12,665
Average salary – ₹ 4,50,000 per year

CMC Limited is an information technology services consulting and Software Company founded in the year 1975 by Ramanathan Ramanan. It has headquartered in New Delhi. The company is offering application design, development, testing services, and asset-based solutions in niche segments through turnkey projects for mission-critical systems. It has centers across India, USA, UK, and Europe. The company expertise in product development, software solutions, infrastructure management, knowledge processing, and real-time systems

Conclusion

We have discussed the best 20 software companies in India. These companies are providing world-class services in India and outside India as well which is very good for India’s position in world. 

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