How This List Works
3 entriesThis page lists Indian software product and SaaS companies that have published or reported annual revenue figures, ordered by approximate revenue. Revenue is the latest annual figure found: Zoho and Razorpay for the year ended March 2025, Freshworks for calendar year 2025, and Intellect Design Arena and Newgen for the year ended March 2026. Figures are in the reporting currency, and the order uses an approximate conversion of about 85 to 90 rupees to the US dollar, so periods and currencies are not strictly comparable. Zoho and Razorpay are private, so their figures come from press reports of regulatory filings. Many well-known product companies, such as Postman, BrowserStack and Darwinbox, are listed separately because comparable figures were not found. The list is not exhaustive, rankings are not endorsements, and descriptions are paraphrased.
Indian Product Companies With Public Revenue Figures
5 entriesOrdered by approximate revenue, using the latest annual figure found for each. Each card links to the company's own website.
Other Notable Indian Product Companies
7 entriesCompanies on the Indian Software Product and SaaS Companies page whose comparable revenue figures were not found here.
Related Pages
6 entriesNeighbouring directories on this site.
Frequently Asked Questions
Which are the top Indian IT product companies?
On this page, Zoho, Freshworks, Razorpay, Intellect Design Arena and Newgen Software are ordered by their latest reported annual revenue. The list covers companies with published or reported figures and is not exhaustive.
How is the order decided?
By approximate revenue, using the latest annual figure found for each company and an approximate conversion of about 85 to 90 rupees to the US dollar. Periods and currencies differ, so close neighbours could swap places, and the order is not a formal ranking.
Why are Postman, BrowserStack and Darwinbox not ranked?
Comparable revenue figures for them were not found, so they appear under other notable Indian product companies. Many private companies do not publish full financials.
What is the difference between an IT product company and an IT services company?
Product companies build and sell software or platforms, often as subscriptions. IT services companies such as TCS and Infosys deliver projects and outsourcing for clients. See the Top Indian IT Services Organizations page on this site.
Is Freshworks an Indian company?
Freshworks was founded in Chennai, is headquartered in the United States and is listed on Nasdaq. It is included here for its Indian roots, as it is on the Indian Software Product and SaaS Companies page.
Why do Zoho and Razorpay figures come from press reports?
Both are private, so their revenue is known from regulatory filings reported in the press. Figures can differ slightly between reports, for example between operating revenue and total income, so check the filings.
How current is this page?
Figures reflect the latest annual results found as of November 2026: Zoho and Razorpay for the year ended March 2025, Freshworks for calendar year 2025, and Intellect Design Arena and Newgen for the year ended March 2026. Company website links were checked on 2 November 2026; the Freshworks and Druva sites returned 403 to automated checks, which looks like bot blocking. Verify numbers in the company filings.