India’s tech revolution is being driven by a diverse mix of publicly listed and IPO-bound companies. These firms are not only transforming their respective industries but also creating a new wave of digital infrastructure, consumer behavior, and financial inclusion.
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Mobility, Logistics & Mapping TechnologyMapmyIndia (CE Info Systems Ltd)DelhiveryCarTrade TechFintech & Insurance PlatformsPaytm (One97 Communications)FINO PayTech (Fino Payments Bank)PolicyBazaar (PB Fintech)Digit Insurance (Upcoming IPO)E-commerce & Consumer Tech (D2C)Nykaa (FSN E-Commerce Ventures)Mamaearth (Honasa Consumer Ltd)ZomatoFirstCry (IPO Expected)Menhood (Pre-IPO D2C Brand)Travel Tech PlatformsEaseMyTripYatraIxigo (Le Travenues Technology, IPO Expected)SaaS, Marketplaces & B2B TechIndiaMART InterMESHInfibeam AvenuesInfo Edge (India) Ltd.RateGainTracxnUnicommerce (IPO Expected)Cybersecurity & Enterprise SaaSTAC Security (IPO Pipeline)Zaggle Prepaid Ocean ServicesCoworking & Office TechAwfis Space SolutionsGaming & Entertainment TechNazara Technologies
Here’s a comprehensive look at India’s most influential listed and soon-to-be-listed tech companies:
Mobility, Logistics & Mapping Technology
MapmyIndia (CE Info Systems Ltd)
- Listed On: NSE & BSE
- Overview: India’s leader in digital mapping and geospatial solutions, offering advanced navigation APIs and IoT platforms used in mobility, logistics, and automotive sectors.
- Key Clients: Hyundai, BMW, ISRO, and Flipkart
- Growth Focus: Smart cities, EV navigation, fleet management.
Delhivery
- Listed On: NSE & BSE
- Overview: One of India’s largest logistics tech platforms offering express parcel delivery, warehousing, and freight services.
- IPO Valuation: Over $4.5 Billion
- Growth Focus: Warehousing automation, international expansion, D2C logistics.
CarTrade Tech
- Listed On: NSE & BSE
- Overview: Operates digital auto platforms like CarWale, BikeWale, and Shriram Automall for vehicle listings, financing, and resale.
- Revenue Model: Listings, transactions, inspections.
- Growth Focus: AI-driven car valuation, insurance integration.
Fintech & Insurance Platforms
Paytm (One97 Communications)
- Listed On: NSE & BSE
- Overview: A digital payments super-app offering wallets, UPI, lending, insurance, and stock broking.
- Major Investor: SoftBank, Alibaba (partial exits)
- Growth Focus: Lending, wealth tech, soundbox expansion.
FINO PayTech (Fino Payments Bank)
- Listed On: NSE & BSE
- Overview: Rural-focused digital banking and remittance platform with a large agent network.
- Unique Model: Asset-light, assisted digital banking
- Growth Focus: Rural banking, micro ATMs.
PolicyBazaar (PB Fintech)
- Listed On: NSE & BSE
- Overview: India’s top insurance comparison and aggregator site offering health, life, motor, and travel policies.
- Growth Focus: Cross-selling fintech products, credit advisory.
Digit Insurance (Upcoming IPO)
- Overview: Tech-first general insurer backed by Fairfax Group, offering simplified and digital-first insurance products.
- Specialties: Zero paperwork, smartphone-based claims.
E-commerce & Consumer Tech (D2C)
Nykaa (FSN E-Commerce Ventures)
- Listed On: NSE & BSE
- Overview: A beauty and personal care retail giant operating both online and offline with private labels and third-party products.
- Growth Focus: Fashion, international expansion, men’s grooming.
Mamaearth (Honasa Consumer Ltd)
- Listed On: NSE & BSE
- Overview: A D2C beauty and wellness brand with a focus on toxin-free and natural products.
- Growth Focus: Offline retail, acquisitions (e.g., BBlunt, The Derma Co).
Zomato
- Listed On: NSE & BSE
- Overview: India’s leading food delivery platform, also invested in quick commerce (Blinkit) and restaurant POS services.
- Growth Focus: Profitability, loyalty programs, cloud kitchens.
FirstCry (IPO Expected)
- Overview: India’s largest baby and kids’ products platform with a strong omnichannel presence.
- Backers: SoftBank, Mahindra
- Growth Focus: Private label expansion, maternity care.
Menhood (Pre-IPO D2C Brand)
- Overview: A men’s personal care and grooming brand targeting Tier 1 and Tier 2 cities.
- Growth Focus: Product diversification, influencer marketing.
Travel Tech Platforms
EaseMyTrip
- Listed On: NSE & BSE
- Overview: Profitable online travel booking platform for flights, hotels, trains, and holidays.
- Unique Edge: Zero-convenience fee model
- Growth Focus: Tier 2/3 cities, B2B travel.
Yatra
- Listed On: NASDAQ (U.S.)
- Overview: Indian-origin travel company catering to domestic and international travel bookings.
- Growth Focus: Corporate travel, India re-listing (planned IPO in India).
Ixigo (Le Travenues Technology, IPO Expected)
- Overview: App-based travel platform focusing on budget travelers.
- Key Offerings: Train, flight, bus bookings with AI-based recommendations.
SaaS, Marketplaces & B2B Tech
IndiaMART InterMESH
- Listed On: NSE & BSE
- Overview: India’s largest B2B marketplace with over 100 million buyers and sellers.
- Revenue Model: Subscription-led.
- Growth Focus: SaaS offerings for MSMEs.
Infibeam Avenues
- Listed On: NSE & BSE
- Overview: Fintech firm offering digital payment solutions and e-commerce infrastructure to businesses.
- Clients: Government portals, MSMEs
- Growth Focus: Global payments, AI-driven fintech.
Info Edge (India) Ltd.
- Listed On: NSE & BSE
- Overview: Operates Naukri.com, 99acres.com, Jeevansathi.com; also a major startup investor (Zomato, PolicyBazaar).
- Growth Focus: Job tech, real estate digitization.
RateGain
- Listed On: NSE & BSE
- Overview: Travel and hospitality SaaS company offering pricing, marketing, and data analytics tools.
- Clients: Global hotel chains, OTAs
- Growth Focus: U.S. and Europe markets.
Tracxn
- Listed On: NSE & BSE
- Overview: A startup intelligence and data platform used by investors and VCs.
- Revenue Model: SaaS subscriptions
- Focus: Global startup data insights.
Unicommerce (IPO Expected)
- Overview: E-commerce logistics and inventory SaaS platform for order and warehouse management.
- Clients: Mamaearth, Boat, Myntra
- Growth Focus: International SaaS expansion.
Cybersecurity & Enterprise SaaS
TAC Security (IPO Pipeline)
- Overview: Cybersecurity company specializing in vulnerability and risk management solutions.
- Clients: Government, BFSI
- Growth Focus: Global penetration, AI-based cyber solutions.
Zaggle Prepaid Ocean Services
- Listed On: NSE & BSE
- Overview: Spend management and rewards SaaS platform for businesses.
- Products: Prepaid cards, employee benefits
- Focus: Fintech SaaS evolution.
Coworking & Office Tech
Awfis Space Solutions
- Listed On: NSE & BSE (2024)
- Overview: India’s largest coworking space provider catering to SMEs, corporates, and freelancers.
- Business Model: Asset-light leasing and managed office services.
- Growth Focus: Tier-2 cities, enterprise clients.
Gaming & Entertainment Tech
Nazara Technologies
- Listed On: NSE & BSE
- Overview: The only listed gaming company in India with stakes in esports (Nodwin), gamified learning (Kiddopia), and mobile games.
- Expansion Plans: Web3 gaming, international M&A.
