According to well-known business reports, and data-aggregating websites like Crunchbase or EasyLeadz, an India-based data aggregator, the total number of estimated software development companies in the country is anywhere between 40,000-50,000 across sizes.
While these statistics may include micro-enterprises and extremely small freelancing teams, the industry is quite fragmented, and seeking RFQs from such a large market can be tricky.
Nasscom, the apex association for software development companies in India, has more than 3000 registered members alone, which shows the size of the market that one has to filter through.
So, it's a good idea to familiarize yourself with a few names and also understand the strengths, clientele, which part of India they are based in, and team size of a few of these companies in India.
We’ve divided the software development companies into three categories based on business size and needs:
Small Business Owners: Companies offering cost-effective, flexible solutions ideal for startups and small businesses.
Medium-Sized Business Owners: Providers specializing in scalable solutions for growing businesses, offering advanced technologies and custom services.
Multinational Businesses: Companies with the resources to handle large-scale, global projects, offering cutting-edge technology and enterprise-level solutions.
(Suitable for Small Business Owners)
Overview
A software devleopment company based out of Mumbai , specialises in modern day web & mobile app development along with AI development solutions
AI Development
Mobile app development
Website devleopment
IoT Development
Ahex Technologies specializes in providing cost-effective, custom software development services for startups and small businesses. The company leverages emerging technologies like blockchain, IoT, and ERP solutions to cater to niche requirements.
Blockchain development
ERP solutions
Cloud computing
NLP Modelling
Vofox Solutions delivers offshore development services tailored to small businesses, with expertise in CMS and enterprise-grade solutions.
Offshore development
CMS development
Enterprise applications
AllianceTek supports small businesses with tailored software development services, focusing on mobility solutions, cloud-based tools, and digital transformation.
Mobile app development
Cloud computing
Software migration
TechCompose Solutions provides comprehensive IT solutions with a focus on startups and small businesses
SaaS platform development
Custom CRM systems
Web applications
Multidots is a WordPress development agency known for building high-performance websites for startups and SMBs
WordPress development
Performance optimization
Website migration
WPWeb Infotech specializes in WordPress development, WooCommerce customization, and open-source technologies, offering tailored solutions for small to medium businesses.
WordPress development
WooCommerce
PHP frameworks
API integrations
Suitable for Medium-Sized Business Owners
Overview
Vision Infotech delivers IT services including custom software development, e-commerce solutions, and app development, catering primarily to medium-sized businesses seeking reliable and innovative technology solutions.
Custom software development
E-commerce solutions
Mobile app development
Cloud integrations
Chimera Technologies offers software development, SaaS product engineering, and cloud-based solutions for medium and large businesses, with a focus on innovation and long-term scalability.
SaaS product development
Cloud-based solutions
Software engineering
DotSquares provides tailored software development solutions for medium-sized businesses, with expertise in web and mobile development, e-commerce, and custom CRM solutions.
E-commerce solutions
Web applications
Custom CRM systems
FATbit Technologies specializes in creating market-ready solutions for medium-sized businesses, including e-commerce platforms, ERP systems, and business automation tools.
E-commerce platforms
ERP systems
Business automation tools
Konstant Infosolutions provides cutting-edge IT services, including web and mobile app development, UI/UX design, and enterprise solutions for medium-scale businesses.
Mobile app development
UI/UX design
Enterprise solutions
PixelCrayons specializes in providing end-to-end IT services, including web and mobile app development, CMS development, and software integration solutions for medium-sized enterprises.
Web development
CMS systems
Software integration
Hidden Brains InfoTech provides customized software development services, focusing on cloud-based solutions, AI-driven tools, and IoT integration for medium-sized businesses.
Cloud computing
AI-driven software
IoT integration
MindInventory offers tailored IT solutions with a focus on mobile app development, enterprise mobility, and cross-platform solutions for medium-sized enterprises.
Cross-platform solutions
Enterprise mobility
Mobile app development
Suitable for Multinational Businesses
Overview
Founded by Harnil Oza in 2011, the company originally began its life as an quality and value-focused app development company that would serve companies in the United States and India.
After nearly a decade of excellence in this space, the company has now evolved into a full-service IT company with a special focus on Large language model development, integrating AI-led solutions into existing business processes coupled with a whole plethora of E-commerce, web development, and CMS-specific solutions.
The company also does custom development on existing tech stack, which includes, salesforce development, Hubspot development, Oracle, Microsoft, and Azure programming.
The company is headquartered in Ahmedabad and has offices spread across the United States, the United Kingdom, and Canada.
Headquarters: Ahmedabad, Gujarat, India
Leadership: Harnil Oza (CEO & Founder), Krunal Patadia (VP Sales)
Expertise: Agile DevOps, Application Modernization, Cloud Development & Maintenance, Generative AI, Salesforce Development, and deep tech expertise in E-commerce technologies
Founding Date: 2011
Engagement Models: Staff Augmentation Model, Dedicated Teams, Fixed Scope projects
Ideal For: Medium and Small companies looking to scale or optimize their Mobile Application development and everything associated with it.
Hyperlink InfoSystem provides end-to-end IT services, including mobile app development, AR/VR solutions, and blockchain development, with a focus on innovative technologies for medium to large businesses.
Mobile app development
AR/VR solutions
Blockchain technology
Web development
The software development arm of Tata Group, one of the oldest and largest conglomerates in India. What started as a Skunkworks project deep in the boardrooms of Tata Group in early 1968 has today emerged as the biggest cash cow for the multi-billion dollar conglomerate.
The company generated consolidated revenue of $27.9 Billion in the last fiscal year ended March 31st 2023 (Financial years in India begin on April 1st)
Headquarters: Mumbai, India
Leadership: N Chandrashekaran (Chairman),
Expertise: Digital Transformation (especially revamping legacy systems), Cybersecurity, Database management including warehousing, building data lakes and analytics; Cybersecurity & SecOps, IoT solutions,
Founding Date: 2001
Engagement Models: TCS bills based on the number of resources allocated to any given client project. Due to the exclusivity of the projects they engage with, we don't have much information on the engagement models they offer
Website: tcs.com
Ideal For: Large enterprises, well-funded startups and extremely specialized development
Founded by Narayan Murthy, Nandan Nilekani, and N S Raghavan alongside several well-known Indian entrepreneurs and key figures.
Infosys has consistently made it in the top 10 software service firms globally.
Compared to other software behemoths in its league, the company was a late entrant as a software company in India but since it began its operations, the growth story has been exceptional.
Initially, the company was largely confined to level 1 or 2 outsourced technical work but in the last couple of decades the company's focus has shifted to Next Generation AI services, building and maintaining services and applications on the cloud
The company serves the banking and finance industry with cybersecurity solutions, conceptualizing and developing customer digital journeys, building and testing enterprise E-commerce application,s and a slew of business business software services
Headquarters: Bangalore, India
Leadership: N.R Narayan Murthy (CEO), Nandan Nilekani (Co-founder), D. Sundaram (Lead Independent Director)
Expertise: Agile DevOps, Application Modernization, Cloud Development & Maintenance, Generative AI, Salesforce Development, and deep tech expertise in E-commerce technologies
Founding Date: 1981
Engagement Models: Build Operate Transfer, Dedicated IT Team,s and Dedicated Resources model
Ideal For: Large enterprises, well-funded startup,s and extremely specialized development
Website Link: infosys.com