Indian Software Undiscovered Gems With Strong Fundamentals

Innovana Thinklabs

Market Cap: ₹10.1b

Engages in the software and application development business in India, the United States, and internationally.

Cigniti Technologies

Market Cap: ₹44.1b

Provides software testing services worldwide.

Genesys International

Market Cap: ₹24.2b

Provides geographical information services in India and internationally.

InfoBeans Technologies

Market Cap: ₹13.0b

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

Dynacons Systems & Solutions

Market Cap: ₹12.7b

Provides IT solutions in India and internationally.

Ceinsys Tech

Market Cap: ₹32.1b

Provides enterprise geospatial and engineering services in India and internationally.

Xchanging Solutions

Market Cap: ₹9.6b

Provides information technology services in India, Europe, the United States, Singapore, and internationally.

MosChip Technologies

Market Cap: ₹32.2b

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.

Kody Technolab

Market Cap: ₹9.6b

Provides software development services in India, the United States, Canada, the United Kingdom, and internationally.

Accelya Solutions India

Market Cap: ₹20.7b

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.

Sahana System

Market Cap: ₹11.1b

Primarily provides information technology (IT) related services in India.

E2E Networks

Market Cap: ₹30.9b

Provides cloud infrastructure and computing services in India.

Expleo Solutions

Market Cap: ₹18.2b

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

Veefin Solutions

Market Cap: ₹9.1b

Operates as a Software as a Service based digital lending and supply chain finance technology product solutions company.

Kellton Tech Solutions

Market Cap: ₹13.5b

Provides digital transformation, ERP, and other IT services in Asia Pacific, Europe, the United States, and internationally.

Magellanic Cloud

Market Cap: ₹51.8b

An IT service organization, provides software solutions for mobile and desktop.

Silver Touch Technologies

Market Cap: ₹9.2b

Provides information technology solutions in India and internationally.

TAC Infosec

Market Cap: ₹9.9b

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

R Systems International

Market Cap: ₹51.5b

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

Zaggle Prepaid Ocean Services

Market Cap: ₹50.4b

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.

Nucleus Software Exports

Market Cap: ₹26.7b

Provides lending and transaction banking products to the financial services industry in India, the Far East, South East Asia, Europe, the Middle East, Africa, Australia, and internationally.

Unicommerce eSolutions

Market Cap: ₹12.3b

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

Aurionpro Solutions

Market Cap: ₹78.1b

Provides technology solutions in the transaction banking platform, customer experience, smart city, and smart transportation areas in India and internationally.

Tanla Platforms

Market Cap: ₹90.5b

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