Top 10 Software Companies Of India

1. Tata Consultancy Services

• Headquarters: Mumbai, Maharashtra.
• Current CEO: Rajesh Gopinathan
• Founders are Faquir Chand Kohli, J.R.D Tata, and Tata Sons.
• They were founded in 1968.
• It is a division of the Tata Group and operates in 149 locations across 46 countries.
• It is the second-largest Indian company by market capitalization.
• TCS was ranked 64th in the Forbes World’s Most Innovative Companies in 2015.
• It is the highest-ranked IT services company in India.
• Tata Consultancy Services is the world’s largest IT services provider.
• TCS is ranked eleventh on the Fortune India 500 list.
• In 1981, TCS established its first software research center of India, the Tata Research Development and Design Centre, in Pune.
• TCS is one of the largest private-sector employers in India, and the fourth largest employer after Indian Railways, Indian Army, and India Post.

TCS provides a wide range of information technology- related products and services, including application development, business process outsourcing, capacity planning, consulting, enterprise software, hardware sizing, payment processing, software management, and technology education services.

Service Lines:

• Application development and maintenance (43.80%)
• Asset leverage solutions (2.70%)
• Assurance services (7.70%)
• Business process outsourcing (12.50%)
• Consulting (2.00%)
• Engineering and Industrial services (4.60%)
• Enterprise solution (15.21%)
• IT infrastructure services (11.50%)
• Cognitive Business Operations
• Cloud Infrastructure
• Automation and Artificial Intelligence

It is the largest Company in India in terms of market capitalization.

• Revenue: Rs.152,497 Crores
• Market Cap: Rs.845,337
• ROE: 35.98%
• Sales Growth: 10.47%
• Promoter holding: 72.05

2. Wipro Limited

• Headquarters: Bangalore, Karnataka, India.
• CEO: Abidali Neemuchwala
• Founder: Mohamed Premji
• They were founded on 29th December 1945.
• Owner: Azim Premji
• Wipro entered into the technology world in 1981.
• It has over 1, 60,000 employees and clients across 110 countries.
• Wipro was ranked first in the 2010 Asian Sustainability Rating of Indian companies.
• It is a member of the NASDAQ Global Sustainability Index and Dow Jones Sustainability Index.
• Wipro has 1, 75,000 employees as of 2020.

Wipro Limited is a provider of IT services. It includes Systems Integration, Consulting, Information Systems outsourcing, IT-enables services, and R&D services.

• Revenue: Rs.60,137 Crores
• Market Cap: Rs.153,043 Crores
• ROE: 17.26%
• Sales Growth: 4.82%
• Promoter holding: 74.04%

3. Infosys Limited• Headquarters: Bangalore, Karnataka, India.
• Founded: 7 July 1981.
• Founders: N.R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S.D. Shibulal, K Dinesh, N.S. Raghavan, Ashok Arora.
• CEO: Salil Parekh
• Infosys had a total of 243,454 employees at the end of December 2019.
• Infosys has the world’s largest corporate university in Mysuru, India.
• In 2019, Infosys was a winner of the United Nations Global Climate Action Award in the ‘Climate Neutral Now’ category.
• In 2019, Infosys was ranked as the 3rd Best Regarded Company in the World by Forbes.
• In 2012, Infosys was ranked 19th amongst the world’s most innovative companies by Forbes.

Services Provided

• NIA- Next Generation Integrated AI Platform
• Infosys Consulting- A global management
• Information
• Infosys Information Platform (IIP) – Analytics Platform
• Edge Verve Systems which includes Finacle, a global banking platform.
• Panaya Cloud Suite
• Skava
• Engineering Services
Digital Marketing
• Revenue: Rs.87, 371Cr.
• Market Cap: Rs. 282,028 Cr.
• ROE: 23.50%
• Sales Growth: 9.81%
• Promoter holding: 13.15%

4. HCL Technologies Limited


• Headquarters: Noida, Uttar Pradesh
• It was founded on 11th August 1976.
• Founder: Shiv Nadar
• CEO: C. Vijayakumar
• HCL has a total of 1, 50,000 employees as of 2020.
• HCL is among the top 20 largest publicly- traded companies in India, with a market capitalization of $21.5 billion as of May 2019.
• HCL is on the Forbes Global 2000 list.
• HCL has its subsidiaries in 44 countries.

It operates across sectors including aerospace and defensive, automotive, banking, capital markets, chemical, and process industries, energy and utilities, healthcare, hi-tech, industrial manufacturing, consumer goods, insurance, life sciences, manufacturing, media and entertainment, mining and natural resources, oil and gas, retail, telecom, travel, transportation, logistics, and hospitality.

Services Provided

•Applications Services and Systems Integration
• BPO/Business Services
• Engineering and R&D services
• Infrastructure Management Services
• IoT WoRKS
• DRYiCE
• Digital & Analytics
• Cybersecurity and GRC Services
• Revenue: Rs. 65,643 Cr.
• Market Cap: Rs. 153,370 Cr.
• ROE: 25.76%
• Sales Growth: 24.74%
• Promoter holding: 60.00%

5. Mahindra Satyam


• Headquarters: Hyderabad
• It was founded in 1987.
• Founder: Byrraju Ramalinga Raju
• CEO: C.P. Gurnani
• It has an extensive client list, including 185 Fortune 500 companies.
• Tech Mahindra and Mahindra Satyam merged on 24th June 2013.

Services provided by Mahindra Satyam are IT, Business Consulting, and Outsourcing Services.

6. Tech Mahindra• Headquarters: Pune, Maharashtra
• It was founded on 24th October 1986
• Founder: Anand Mahindra
• CEO: C.P. Gurnani
• The number of employees in 2020 is 125,236.
• It has subsidiaries across 90 countries.
• The company is ranked 111th in Fortune India 500 list for 2012.
• On 24th June, Tech Mahindra announced the merger with Mahindra Satyam.
• Tech Mahindra has its office in more than 60 countries.
• It received the IDC Insights Award 2018.

Services Provided:

Outsourcing, Consulting, and Managed Services.
• Revenue: Rs. 35,119Cr.
• Market Cap: 70,141 Cr.
• ROE: 21.58%
• Sales Growth: 9.45%
• Promoter holding: 35.88%

7. Redington India Limited• Headquarters: Chennai
• It was founded on 2nd May 1961.
• Founders: R. Srinivasan and R. Jayachandran
• CEO: Mitesh Sheth
• It got the APAC Distribution Growth Award 2017.

It is a solution provider to over 220 international brands in IT.

Services Provided:

• Artificial Intelligence
• Robotics
Big data and analytics
• Internet of Things
• Revenue: Rs. 47,996 Cr.
• Market Cap: Rs. 4,438.
• ROE: 15.00%
• Sales Growth: 9.50%
• Promoter holding: 0.00%

8. Mphasis Limited• Headquarters: Bangalore, Karnataka
• Founded in June 2000.
• Founders: Jerry Rao, Jeroen Tas
• CEO: Nitin Rakesh
• The number of employees: 22,239 as of March 2018.
• It was formed after the merging of US-based consulting company Mphasis Corporation and the Indian IT services company BFL Software Limited.
• Mphasis was ranked 189th by Fortune India 500 in 2019.

Mphasis provides information technology services to its customers worldwide. It provides integrated solutions that include business process outsourcing, infrastructure technology, and application services. The company provides application development as well as application maintenance and support services. The company also serves financial services and insurance, healthcare, manufacturing, government, transportation, communication, and consumer and retail industry.

• Revenue: Rs. 7,973 Cr.
• Market Cap: Rs 17,738Cr
• ROE: 19.96%
• Sales Growth: 8.33%
• Promoter holding: 52.22%

9. Larsen and Toubro Infotech Limited


• Headquarters: Mumbai, Maharashtra
• It was founded on 23rd December 1996.
• CEO: Sanjay Jalona
• The number of employees: 31,419 as of December 2019.
• It has operations in 30 countries.
• In 2019, LTI was named ‘The Most Admired Company of the year’ by BTVI Business Leader of the Year Awards.

Services Provided

• Accelerate digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT, and cloud journeys.
• Digital and automation solutions.
• IT service management.
• IT consulting.
• Revenue: Rs. 10,014 Cr.
• Market Cap: Rs. 29,302 Cr.
• ROE: 34.63%
• Sales Growth: 17.34%
• Promoter holding: 74.62%

10. Mindtree Limited• Headquarters: Bangalore, India
• Founded on 18th August 1999.
• Founders: Subroto Bagchi, Krishnakumar Natarajan, Ashok Soota, Anjan Lahiri, Rostow Ravanan.
• CEO: Debashis Chatterjee
• The number of employees as in March 2020 is 21,991.
• It has subsidiaries in 5 countries.

Mindtree applies its domain knowledge to enterprise client engagements to break down silos, makes sense of digital complexity, and brings new initiatives to market faster.

Services Provided

• Outsourcing
• Consulting
• Managed services
• Revenue: Rs. 7,375 Cr.
• Market Cap: Rs. 11,855 Cr.
• ROE: 24.94%
• Sales Growth: 14.54%
• Promoter holding: 73.76%

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