10 Genuine IT Companies in India 2023

IT Companies

Information technology is a crucial cornerstone of every nation. It proved accurate during the global epidemic when the globe was on its knees.

The COVID-19 virus has wreaked havoc on economies. However, for the IT sector, this is a blessing in disguise. Since businesses have adapted their operations to the new standard, they have altered their methods of operation.

Despite the epidemic’s effects on organizations with the fewest human interactions, businesses and individuals in the post-lockdown world require better tools and software to function correctly.

It has offered unprecedented growth potential for IT companies. India’s IT companies are the masterminds driving businesses’ nationwide and international operations.

In addition to ensuring the security of day-to-day operations, technology businesses must also protect against cybercrimes and threats. If you are interested in learning about ethical hacking, here is a list of the top websites for doing so.

The reality is that regardless of the nature of your firm, it can only survive with a technological infrastructure. So if you’re looking for the best IT companies in India to assist you in resolving your business’s difficult issues, then you need to look at this article.

Top IT Companies in India

IT Company List: We’ve compiled the establishment, industry experience, client ratings, working conditions, and market capital of the top IT companies in India to assist you in choosing the finest solution partner.

Using the table below, let’s compare the top IT companies in India based on their market valuation and year of the establishment before proceeding to the company profiles.

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. Oracle Financial Services Software Limited

Lets talk about the popular and best Indian IT Companies and their revenue in 2023. Oracle Finacial Services Software Limited is an Oracle Corporation subsidiary. The company was created in 1990 and has its headquarters in Mumbai. The company’s roughly 900 customers in 147 countries helped propel it to great place on the Fortune India 500’s list of the top IT companies in India.

The company services retail banking, corporate banking, and insurance as a provider of banking industry technological solutions. Additionally, it specializes in risk management and compliance.

2. HCL Tech

HCL Technologies, founded in 1976 by Shiv Nadar, is one of the leading IT companies in India. The company has offices in 44 countries, including the United Kingdom, United States, France, and Germany.

The company debuted on the public market on November 10, 1999, with 1.42 billion shares valued at four rupees each. As of July 2020, the company’s total revenue was Rs 71,265 Cr.

HCL excels in numerous areas of the IT sector, including Engineering and R&D Services, Infrastructure Management Services, IoT Works, Digital and Analytics, and Financial Risk and Compliance Solutions, to name a few. HCL is now led by C Vijayajumar and is the best on the list of the top IT companies in India.

Linkedin ID: HCL

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3. Larsen and Toubro Infotech

Larsen and Toubro Infotech is a multinational provider of IT services and solutions headquartered in Mumbai, India. The business was established in 1996 and is currently led by A.M. Naik. Now, the Mumbai-based company has 39 branches in 27 locations worldwide.

In 2016, after 18 months of waiting, L&T canceled the offer letters of new employees, resulting in a negative reputation for the corporation. Despite this, the corporation maintained its position by providing consumers with cutting-edge technologies such as data engineering, advanced analytics, and knowledge-based automation.

In the Automation and Data Science age, the corporation has a substantial advantage over its competitors, who are still adapting to the technology. Therefore, it is among the leading IT companies in India.

Linkedin ID: L&T Infotech

4. Tata Consultancy Services

Tata Consultancy Services Limited (TCS) is the oldest IT and consultancy services company with a Mumbai, Maharashtra headquarters (IN). This company was proudly formed by Tata Sons and is a subsidiary of the Tata Empire. It is Tata’s most profitable subsidiary with the most employees. Rajesh Gopinathan is the current CEO and Managing Director.

Moreover, TCS has 134 companies that provide a vast array of goods and services. It encompasses app development, BPO services, capacity planning, consulting, hardware sizing, and software management, among other services.

On August 25, 2004, the firm went public, and on October 8, 2020, it exceeded Accenture in market value, achieving a prominent market position. The company is top-notch among the best IT companies in India.

Linkedin ID: TCS

5. Wipro

Wipro, founded by Mohamed Premji in 1945 and is currently led by Abidali Neemuchwala, is a well-respected name in the IT industry. The company’s headquarters are headquartered in Bangalore, India, and has spread to 110 nations.

The company became public in 1946, and by 2015, the company’s annual sales had climbed to $7.1 billion, and the business ratio had increased to more than 90%.

Wipro was ranked first in the 2010 Asian Sustainability Rating (ASR) of Indian corporations and has been a member of the NASDAQ since then.

In 2020, Wipro achieved a major milestone by acquiring Rational Interaction and announcing the availability of 5G edge service solutions developed in collaboration with IBM Technologies. On the list of leading IT companies in India, it ranks among the best.

Linkedin ID: Wipro

6. COFORGE

COFORGE Limited is a publicly traded Indian software and IT services company. By 2020, the organization will have 11,000 personnel dispersed around the globe. Currently, Sudhir Singh serves as the company’s Chief Executive Officer, and its headquarters are headquartered in New Delhi, India.

The company cooperated with the National Institute of Information Technology to develop the “Shiksha” initiative, which currently has four operational centers and 5,000 disadvantaged adolescents.

The program aims to teach these young minds and introduce them to the IT industry to improve their prospects. The company offers services such as IT Service Management and has won several awards for its services to international airports.

7. Mphasis

If we talk about the popular and top IT companies in India, Jerry Rao and Jeroen Tas created Mphasis as an IT services company. The unit was founded and headquartered in Bangalore, with Nitin Rakesh as its chief executive officer.

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The company provides apps outsourcing services such as BPO, infrastructure technologies, and architecture guidance to a global customer.

This largest IT company is ranked seventh on the list of the top IT companies in India that provide services to the insurance, government, transportation, communication, and retail sectors.

Linkedin ID: Mphasis

8. Infosys

Infosys Limited is the king of India’s leading IT companies. In 1981, N.R. Narayana Murthy, Nandan Nilekani, S. Gopalkrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan and Ashok Arora formed this software development business. As the company’s Chief Executive Officer, Salil Parekh governs the business precisely.

The company’s global presence includes 82 sales and marketing offices and 123 development centers. In addition, Infosys has established a presence in every major world region, including the United States, China, Australia, Japan, the Middle East, and Europe. In 2019, 87% of the revenue was generated by subsidiaries in North America, Europe, and India, while the remaining 13% was generated by the rest of the world’s subsidiaries.

Infosys offers several services, from software development to independent validation to diverse industries. On a global scale, the most important products include NIA (NextGen Integrated AI platform), Infosys Consulting, Infosys Information Platform, Edge Verve Systems, Panaya Cloud Suite, Skava, Engineering Services, and Digital Marketing.

Linkedin ID: Infosys

9. Tech Mahindra

Tech Mahindra is a multinational corporation formed by Anand Mahindra and has its headquarters in Pune, Maharashtra (IN). C. P. Gurnani serves as the CEO and Managing Director of the Mahindra Group subsidiary.

Tech Mahindra began as an outsourcing company in conjunction with British Telecom in 1986, amalgamated with Mahindra groups in March 2012, and developed a $2.5 billion IT company to distinguish itself from competitors.

In 2014, the company became the largest independent telecom service provider and ranked among India’s top IT companies. Since then, the firm has purchased other small businesses across the globe and now provides various business solutions.

Linkedin ID: Tech Mahindra

10. Mindtree

Mindtree is an Indian global IT solution and outsourcing company with headquarters in New Jersey and Bangalore, India. In 1999, Ashok Soota and nine other IT specialists formed the company, which Rostow Ravanan currently leads.

The company was listed on Bombay Stock Exchange in 2006. By releasing a new brand design and logo with the motto “Welcome to possibility” in September 2012, Mindtree secured a place among the top IT companies in India.

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With 43 offices in 17 countries and a workforce of 20,204, the company assists with Application Development and Maintenance, Data Analytics, Digital Services, and Business process management.

Linkedin ID: Mindtree

Conclusion: IT Companies in India

These organizations made our list of the best IT companies in India due to the comprehensive facilities and services they provide to their consumers. All the companies have established themselves as market leaders in India’s information technology industry for a considerable time.

Now the ball is in your court. I hope you enjoy this hand-selected list of IT companies in India. If you’ve any questions, please leave us a remark below.

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