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List of Top 20 IT Software Companies in Mumbai

Srihari Dhondalay
Updated:
12 min read

Mumbai is one of India’s most dynamic cities, with a strong IT and software industry base. The city is known as the financial capital of India, but it offers much more than financial support and entertainment to India. It is a thriving hub for technology and innovation in the country. These thousands of software and IT companies in Mumbai specialize in cloud computing, AI and ML, fintech solutions, and cybersecurity.

There are over 3,997 software and IT companies in Mumbai, accounting for nearly 40% of Maharashtra’s IT ecosystem. The city attracts skilled professionals from top institutes and nearby tech hubs. This talent pool adds to the city’s strength in software development and innovation. Many startups also register a Virtual Office in Mumbai to benefit from the city’s rapidly growing ecosystem while keeping their operational costs low.

In this blog, we will take a closer look at the top IT and software companies in Mumbai. We will also cover their core services, expertise, and industry focus.

Top 20 IT and Software Companies in Mumbai: Detailed List

The following IT and software companies in Mumbai significantly contribute to Maharashtra’s economic growth: 

1. Tata Consultancy Services (TCS)

TCS offers consulting, IT services, cloud, AI, and digital transformation solutions. It has a major presence in Mumbai, serving global clients across industries.

Founded in1968
HeadquartersMumbai
Employee Count607,979+
Market Capitalization (2026)Rs. 10,83,000 crore
Revenue (2025)Rs. 2,71,967 crore
Industries ServedBanking and Financial Services, Healthcare and Life Sciences, Retail and E-commerce, Telecommunications, Manufacturing, Energy and Utilities, Public Services

2. LTIMindtree

LTIMindtree is a leading Indian IT services and consulting company that helps enterprises accelerate digital transformation and modernize IT infrastructure. The firm provides technology-driven business solutions across industries. This enables their clients to improve efficiency, drive innovation, and enhance the customer experience. 

Founded in1999
HeadquartersMumbai
Employee Count81,650+
Market Capitalization (2026)Rs. 1,79,000 crore
Revenue (2025)Rs. 41,214 crore
Industries ServedBanking, Financial Services, and Insurance (BFSI), manufacturing, healthcare, retail

3. Tech Mahindra

Tech Mahindra is a global IT services and consulting company that delivers digital transformation solutions. The company helps enterprises innovate, optimize operations, and enhance customer experiences through technology-driven solutions.

Founded in1986
HeadquartersPune
Employee Count140,000+
Market Capitalization (2026)Rs. 1,61,000 crore
Revenue (2025)Rs. 56,966 crore
Industries ServedTelecommunications (network services, 5G solutions), IT consulting, Business Process Management (BPM), Digital transformation, Healthcare IT solutions, Media and Entertainment technology services

4. Accenture

Accenture is a global consulting and IT services firm that delivers digital transformation, cloud, AI, and technology solutions. Its Mumbai offices drive innovation, enterprise consulting, and technology delivery for clients across industries. The company helps businesses enhance efficiency, adopt new technologies, and create scalable digital solutions.

Founded in1989
Indian HeadquartersBangalore
Employee Count779,000+ globally
Market Capitalization (2026)Rs. 13,53,068.08 crore
Revenue (2025)Rs. 64,395 crore
Industries ServedBanking and Financial Services, Healthcare and Life Sciences, Retail and E-commerce, Telecommunications, Manufacturing, Energy and Utilities, Public Services

5. Infosys

Infosys is a leading IT services and consulting company providing digital transformation, AI, cloud, analytics, and enterprise solutions. Its Mumbai operations support global clients with technology implementation, business process optimization, and innovation.

Founded in1981
HeadquartersBangalore
Employee Count337,000+
Market Capitalization (2026)Rs. 6,30,000 crore
Revenue (2025)Rs. 1,80,544 crore
Industries ServedBanking and Financial Services, Healthcare and Life Sciences, Retail and E-commerce, Telecommunications, Manufacturing, Energy and Utilities, Public Services

6. Wipro

Wipro is a global IT services and consulting company delivering digital transformation, cloud, cybersecurity, and enterprise solutions. The company’s Mumbai operations support clients in modernizing IT infrastructure, optimizing business processes, and adopting advanced technologies. 

Founded in1945
HeadquartersBangalore
Employee Count250,000+
Market Capitalization (2026)Rs. 2,43,000 crore
Revenue (2025)Rs. 94,367 crore
Industries ServedBFSI, healthcare, manufacturing, retail & consumer goods, energy & utilities.

7. HCL Technologies

HCL Technologies is a leading IT services and consulting company offering digital transformation and application development solutions. Its Mumbai operations deliver technology-driven business solutions to global clients. This helps enterprises modernize IT systems and optimize operations. 

Founded in1976
HeadquartersNoida
Employee Count200,000+
Market Capitalization (2026)Rs. 4,34,000 crore
Revenue (2025)Rs. 1,30,303 crore
Industries ServedBanking and Financial Services, Healthcare and Life Sciences, Retail and E-commerce, Telecommunications, Manufacturing, Energy and Utilities, Public Services

8. IBM India

IBM India offers cloud computing, AI, analytics, and cybersecurity solutions in Mumbai. The multinational brings global IT practices and training programs to the city, creating jobs and strengthening the local talent pool.

Founded in1992
Indian HeadquartersBangalore
Employee Count300,000+ globally
Market Capitalization (2026) Rs. 24,58,685.32 crore
Revenue (2025)Rs. 5,95,140 crore
Industries ServedBanking and Financial Services, Healthcare and Life Sciences, Retail and E-commerce, Telecommunications, Manufacturing, Energy and Utilities, Public Services

9. Oracle India 

Oracle India is a leading provider of enterprise software, cloud infrastructure, database solutions, AI, and business applications. Its Mumbai operations support global clients with technology implementation, cloud adoption, and enterprise IT solutions. 

Founded in1977
Indian HeadquartersBangalore
Employee Count164,000+ globally
Market Capitalization (2026)Rs. 38,34,756.38 crore
Revenue (2025)Rs. 547,700 crore
Industries ServedCloud Computing and SaaS Solutions, Database Management, Enterprise Resource Planning (ERP), Human Capital Management (HCM), Customer Experience (CX) Solutions, Banking and Financial Services, Telecommunications, Retail and E-commerce

10. Capgemini

Capgemini is a global IT services and consulting company offering digital transformation, AI, software development, and business services. Its Mumbai operations support enterprise clients worldwide, helping organizations implement technology solutions, optimize processes, and innovate. 

Founded in1967
Indian HeadquartersGurugram
Employee Count350,000+ globally
Market Capitalization (2026)Rs. 1,99,226.84 crore
Revenue (2024)Rs. 2,09,109 crore
Industries ServedBanking and Financial Services, Healthcare and Life Sciences, Retail and E-commerce, Telecommunications, Manufacturing, Energy and Utilities, Public Services

11. Mphasis

Mphasis is a global IT services and consulting company delivering cloud solutions, AI, and digital transformation services. Its Mumbai operations support enterprise clients in modernizing IT systems, optimizing processes, and driving innovation. 

Founded in2000
HeadquartersBangalore
Employee Count35,000+ globally
Market Capitalization (2026)Rs. 50,316.97 crore
Revenue (2025)Rs. 15,470 crore
Industries ServedBanking Services, Insurance, Healthcare, Travel and Hospitality, Logistics, IT Infrastructure and Cloud Services, Application Development, Enterprise Technology Solutions

12. Zensar Technologies

Zensar Technologies is an IT services and consulting company offering cloud solutions, digital transformation, and enterprise software services. Its Mumbai operations help global clients modernize applications, adopt emerging technologies, and optimize business processes. 

Founded in1991
HeadquartersPune
Employee Count11,000+ 
Market Capitalization (2026)Rs. 14,604.88 crore
Revenue (2025)Rs. 5,733 crore
Industries ServedBFSI, Retail & E-commerce, Manufacturing, Healthcare & Life Sciences, Technology & Software, Travel & Transportation

13. Cognizant

Cognizant is a global IT services and consulting company offering digital transformation, AI, analytics, cloud, and enterprise software solutions. Its Mumbai operations support clients in modernizing IT systems and implementing innovative technology solutions. 

Founded in1994
Indian HeadquartersChennai
Employee Count380,000+ globally
Market Capitalization (2026)Rs. 3,36,916.58 crore
Revenue (2025)Rs. 1,89,635 crore
Industries ServedBanking and Financial Services, Healthcare and Life Sciences, Retail and E-commerce, Telecommunications, Manufacturing, Energy and Utilities, Public Services

14. Persistent Systems

Persistent Systems is an IT services and software engineering company specializing in product engineering, cloud solutions, IoT, and digital platform modernization. Its Mumbai operations help enterprises design, develop, and scale next-generation software solutions. 

Founded in1990
Indian HeadquartersPune
Employee Count12,500+
Market Capitalization (2026)Rs. 93,462.81 crore
Revenue (2025)Rs. 13,377 crore
Industries ServedBFSI, healthcare, technology & software, telecom, emerging digital services

15. Sify Technologies

Sify Technologies is an IT services company offering cloud solutions, data center services, IT infrastructure management, and digital transformation services. Its Mumbai operations support enterprises with secure, scalable, and efficient technology environments. 

Founded in1995
Indian HeadquartersChennai
Employee Count5,000+
Market Capitalization (2025)Rs. 9,553.18 crore
Revenue (2025)Rs. 4,368 crore
Industries ServedTelecom, BFSI, retail & e-commerce, government, large enterprises

16. Larsen & Toubro Technology Services (LTTS)

Larsen & Toubro Technology Services (LTTS) is an engineering and IT services company providing R&D and digital engineering solutions. The firm’s Mumbai operations help enterprises design and implement complex technology systems.

Founded in2012
Indian HeadquartersMumbai
Employee Count18,000+
Market Capitalization (2026)Rs.40,205.23 crore
Revenue (2025)Rs. 2,80,553 crore
Industries ServedAutomotive, aerospace & defense, industrial products, medical devices, telecom, energy & utilities

17. Firstsource Solutions

Firstsource Solutions is a business process management and IT-enabled services company offering customer support and digital solutions. Its Mumbai operations support global clients by streamlining processes, improving customer experience, and enhancing operational efficiency. 

Founded in2001
Indian HeadquartersMumbai
Employee Count35,000+
Market Capitalization (2026)Rs. 20,700.47 crore
Industries ServedBFSI, healthcare, telecom & media, customer service & support

18. Syntel

Syntel, now part of Atos, is a global IT services and consulting company providing application development and digital transformation services. Its Mumbai operations support enterprises in modernizing IT systems, optimizing processes, and implementing technology-driven business solutions. 

Founded in1980
Indian HeadquartersMumbai
Employee Count15,000+
Industries ServedBFSI, retail, healthcare, manufacturing, telecom

19.  Coforge Ltd

Coforge Ltd, which was formerly known as NIIT Technologies Limited, is a global IT services and consulting company. It offers digital transformation, cloud solutions, application management, and technology-enabled business services. Its Mumbai operations help enterprises modernize IT systems, optimize processes, and adopt innovative digital solutions. 

Founded in1981
Indian HeadquartersPune
Employee Count7,000+
Market Capitalization (2026)Rs. 53,584.07 crore
Industries ServedBFSI, travel & transportation, logistics, insurance, manufacturing, telecom
20. Rolta India

 Rolta India is an IT and digital solutions company offering geospatial, engineering, analytics, and enterprise software services. Its Mumbai operations support global clients with digital transformation, software development, and technology-driven business solutions.

Founded in1989
Indian HeadquartersMumbai
Employee Count5,000+
Industries ServedBFSI, energy & utilities, telecom, manufacturing, government, and enterprise technology solutions

These companies reinforce Mumbai’s position as a major IT and software hub in India. From global leaders to fast-growing local firms, they drive innovation, create employment, and support business growth in the city. Their presence strengthens Mumbai’s economy and encourages startups towards legal Company Registration in the city.

Why IT and Software Companies Should Choose Mumbai

Mumbai combines strong infrastructure, a skilled workforce, and a dynamic business ecosystem in the following ways:

1. Key IT Hubs: Mumbai’s IT hubs offer modern offices, coworking spaces, and strong connectivity, attracting startups and established firms. Powai thrives as a startup ecosystem, Andheri East hosts commercial tech complexes, Navi Mumbai emerges as an IT corridor, and Thane grows as a tech-friendly suburb. This provides new companies with ready infrastructure and networking opportunities.

2. Government Initiatives: Government support through Maharashtra Industrial Development Corporation (MIDC) provides ready-to-use IT parks and industrial zones in the city. The Maharashtra IT Policy offers incentives, subsidies, and streamlined approvals, making it easier for IT companies to establish and scale operations in Mumbai.

3. VC Presence: Mumbai has a strong presence of venture capital firms, making it easier for startups to secure funding. This financial ecosystem in Mumbai supports early-stage and growth-stage IT companies, enabling innovation and expansion.

4. Fintech Dominance: The city is a hub for fintech companies, creating high demand for software solutions, digital platforms, and technology services. IT firms in Mumbai benefit from opportunities to develop banking apps, payment systems, analytics platforms, and other financial technologies.

5. Proximity to BFSI Headquarters: The headquarters of most major banks, insurance companies, and financial institutions are located in Mumbai. This close proximity provides IT companies with easier access to B2B partnerships and large-scale projects.

Mumbai’s combination of IT hubs and government incentives makes it a favorable city for IT and software companies to grow.

If you plan to start or expand your business in Mumbai, RegisterKaro can help. We provide expert support for Private Limited Company Registration in Mumbai, managing all documentation, filings, and compliance requirements. Contact us today to set up your business in Mumbai.


Frequently Asked Questions

Mumbai is home to several leading IT and software companies that operate at a national and global scale. Some of the top companies include TCS, Infosys, Wipro, Accenture, Cognizant, HCL Technologies, Tech Mahindra, Capgemini, IBM India, Mphasis, Oracle India, Mindtree (LTIMindtree), Hexaware Technologies, Zensar Technologies, Syntel, NIIT Technologies, Sify Technologies, L&T Technology Services (LTTS), Tanla Platforms, and ADP India.

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