Indian Software Potentially Undervalued Small Caps

Cambridge Technology Enterprises

Market Cap: ₹486.8m

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

Tridhya Tech

Market Cap: ₹177.0m

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

Inspirisys Solutions

Market Cap: ₹2.9b

Provides information technology services in India and internationally.

RNIT Al Solutions

Market Cap: ₹1.2b

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

Seshachal Technologies

Market Cap: ₹7.1m

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

Takyon Networks

Market Cap: ₹358.1m

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

IRIS RegTech Solutions

Market Cap: ₹4.7b

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

CG-VAK Software and Exports

Market Cap: ₹996.2m

Through its subsidiaries, provides software services worldwide.

Subex

Market Cap: ₹4.4b

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

Canarys Automations

Market Cap: ₹1.1b

Provides IT solutions in India.

Palred Technologies

Market Cap: ₹365.3m

Engages in the e-commerce business in India.

Tranway21 Technologies

Market Cap: ₹42.9m

Provides information technology and consulting services in India and internationally.

GlobalSpace Technologies

Market Cap: ₹596.3m

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

Sagarsoft (India)

Market Cap: ₹447.5m

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