Indian Software Potentially Undervalued Companies

Route Mobile

Market Cap: ₹30.5b

Provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally.

Route Mobile

Market Cap: ₹30.5b

Provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally.

Excelsoft Technologies

Market Cap: ₹9.7b

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

Cambridge Technology Enterprises

Market Cap: ₹567.3m

A business and technology services company, provides IT solutions to enterprise services in India, the United States, the Middle East, and internationally.

RNIT Al Solutions

Market Cap: ₹1.2b

A tech company, focuses on providing enterprise-level solutions in India and internationally.

Inspirisys Solutions

Market Cap: ₹3.3b

Provides information technology services in India and internationally.

Cambridge Technology Enterprises

Market Cap: ₹567.3m

A business and technology services company, provides IT solutions to enterprise services in India, the United States, the Middle East, and internationally.

IRIS RegTech Solutions

Market Cap: ₹4.9b

Provides regulatory technology solutions in India, the Middle East, the Asia Pacific, Africa, the United States, Europe, and the United Kingdom.

Tridhya Tech

Market Cap: ₹186.3m

Provides full-service software development services in India and internationally.

Sonata Software

Market Cap: ₹68.3b

Provides information technology services and solutions in the United States, Europe, the Middle East, the Asia Pacific, the United Kingdom, Australia, New Zealand, and Ireland.

Seshachal Technologies

Market Cap: ₹7.0m

Engages in the development of software solutions for energy, hospitality, solvent oil businesses, and other businesses in India.

Takyon Networks

Market Cap: ₹386.6m

Provides networking and IT infrastructure solutions to government agencies and corporate enterprises in India.

Sonata Software

Market Cap: ₹67.8b

Provides information technology services and solutions in the United States, Europe, the Middle East, the Asia Pacific, the United Kingdom, Australia, New Zealand, and Ireland.

IRIS RegTech Solutions

Market Cap: ₹4.9b

Provides regulatory technology solutions in India, the Middle East, the Asia Pacific, Africa, the United States, Europe, and the United Kingdom.

GTL

Market Cap: ₹1.2b

Provides telecom network services.

Subex

Market Cap: ₹4.8b

Provides operations and business support systems to communication service providers (CSPs) worldwide.

CG-VAK Software and Exports

Market Cap: ₹1.1b

Through its subsidiaries, provides software services worldwide.

GTL

Market Cap: ₹1.2b

Provides telecom network services.

Palred Technologies

Market Cap: ₹402.8m

Engages in the e-commerce business in India.

Palred Technologies

Market Cap: ₹402.8m

Engages in the e-commerce business in India.

Expleo Solutions

Market Cap: ₹11.8b

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

Infosys

Market Cap: ₹5.4t

Provides consulting, technology, outsourcing, and digital services worldwide.

Canarys Automations

Market Cap: ₹1.3b

Provides IT solutions in India.

Expleo Solutions

Market Cap: ₹11.8b

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

Hinduja Global Solutions

Market Cap: ₹18.5b

Provides business process management services in the United States, Canada, the United Kingdom, Europe, India, Philippines, and internationally.

Inspirisys Solutions

Market Cap: ₹3.3b

Provides information technology services in India and internationally.

Tranway21 Technologies

Market Cap: ₹38.7m

Provides information technology and consulting services in India and internationally.

Trident Techlabs

Market Cap: ₹3.7b

A technology company, provides engineering and power system solutions in India.

Subex

Market Cap: ₹4.8b

Provides operations and business support systems to communication service providers (CSPs) worldwide.

Excelsoft Technologies

Market Cap: ₹9.7b

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

Infosys

Market Cap: ₹5.2t

Provides consulting, technology, outsourcing, and digital services worldwide.

Sagarsoft (India)

Market Cap: ₹530.5m

Provides software development and related IT consultancy services in India and internationally.

GlobalSpace Technologies

Market Cap: ₹646.2m

An information technology and communication company, engages in the provision of customized software solutions and other support services to enterprises in India.

Hinduja Global Solutions

Market Cap: ₹19.0b

Provides business process management services in the United States, Canada, the United Kingdom, Europe, India, Philippines, and internationally.

Tanla Platforms

Market Cap: ₹62.8b

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

Clio Infotech

Market Cap: ₹62.9m

An information technology (IT) company, provides software solutions and IT services for the insurance, capital market, and asset and wealth management industries in India.