Indian Software Undiscovered Gems With Strong Fundamentals

Cigniti Technologies

Market Cap: ₹36.8b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Dynacons Systems & Solutions

Market Cap: ₹12.2b

Provides IT solutions and related services in India and internationally.

InfoBeans Technologies

Market Cap: ₹21.0b

Designs, builds, and manages digital applications in the United Arab Emirates, Germany, India, the United States, and internationally.

Ceinsys Tech

Market Cap: ₹18.3b

Provides enterprise geospatial and engineering services in India and internationally.

MosChip Technologies

Market Cap: ₹36.7b

A semiconductor and system design company, designs, develops, manufactures, and sells system on chip technologies and Internet on Things solutions in India, North America, and the Asia Pacific.

String Metaverse

Market Cap: ₹18.2b

Provides software development services in India.

Accelya Solutions India

Market Cap: ₹17.8b

Engages in the provision of software solutions to the airline, cargo, and travel industries in the Asia Pacific, the Middle East, Africa, the Americas, and Europe.

Sigma Advanced Systems

Market Cap: ₹32.7b

Does not have significant operations.

Saksoft

Market Cap: ₹20.5b

An information technology company, provides digital transformation solutions in Europe, the United States, the Asia Pacific, and internationally.

Fractal Analytics

Market Cap: ₹140.5b

Provides artificial intelligence and analytics solutions to automate business workflows, extract insights from data, and optimize enterprise operations.

ASM Technologies

Market Cap: ₹40.4b

Provides consulting and product development services in India and internationally.

Expleo Solutions

Market Cap: ₹13.2b

Primarily provides software validation and verification services to the banking, financial services, and insurance industries worldwide.

Kellton Tech Solutions

Market Cap: ₹9.5b

Engages in the provision of digital transformation, ERP, and other IT services in APAC, Europe, the United States, and internationally.

TAC Infosec

Market Cap: ₹12.5b

Provides vulnerability assessment and assessment solutions, cybersecurity quantification, and services of penetration testing to organizations in India and internationally.

Silver Touch Technologies

Market Cap: ₹16.1b

Provides information technology solutions in India and internationally.

Excelsoft Technologies

Market Cap: ₹10.0b

Provides software as a service (SaaS) products and services to the education and testing in India.

Unicommerce eSolutions

Market Cap: ₹11.2b

Provides a suite of software-as-a-service products in India and internationally.

Zaggle Prepaid Ocean Services

Market Cap: ₹38.4b

Zaggle Prepaid Ocean Services Limited builds financial products and solutions to manage the business expenses of corporates, small and medium-sized enterprises, and startups through automated workflows.

Aurionpro Solutions

Market Cap: ₹50.1b

Provides technology solutions in India, Asia-Pacific, and internationally.

Tanla Platforms

Market Cap: ₹62.0b

Provides cloud communication platforms as a service solution to enterprises in India and internationally.

R Systems International

Market Cap: ₹38.0b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms.