India is a big name when it comes to Information Technology Industry. Not only for their IT Outsourcing services business, but also for the many market-leading products it has launched over the years. Here are some of the 10 best information technology / software products from India.
Finacle Core Banking Management Suite
Finacle is a Core banking software platform built by one of the World’s largest Information Technology companies Infosys, that initially catered to retail banking, wealth management, CRM and other core banking automation requirements. Later the platform built several suite of products for serving the complete banking transformation for 21st century. Today, Finacle is being used by Banks in more than 100 Countries serving more than billion banking consumers worldwide. Infosys’ Finacle was positioned as Gartner’s Magic Quadrant in the Leader category, marking the product’s position as a clear Leader in modern banking solutions.
Tally Accounting and Tally ERP
Tally Accounting is a financial accounting software and Tally ERP is an Enterprise Wide Resource Planning Software platform developed by Tally Solutions in India. Headquartered in Bangalore, India the company has been long existing from 1986 and still thriving amidst global competition. The company has more than 1 Million paying customers as on 2016. The secret behind the success of this product and company is fast catching up with emerging regulations like Quarterly filing reports and Goods and Services Tax (GST) compliance etc.
Zoho – Zoho One
Zoho One is another prideful identity of Indian Software Products Industry. Founded in 1996, the company has so evolved and today focuses on delivering Business productivity platforms. Starting with CRM, the company has fast branched into marketing automation systems, productivity office suite tools and today rolling out Internet of Things (IOT) Management platforms. The company is fast spreading across Global destinations and today they have about 7000 employees working across 7 countries.
Flipkart E-commerce Portal
Flipkart need not get any introduction. It has become an everyday affair among modern online retail customers. The company and its’ e-commerce platform are one of the e-Commerce identities for Indian Retail Industry. Often compared or referred to compete with the world Leaders Walmart’s, Amazon and Target Corporations in India, the company attracted an 77% controlling stake by Walmart for a whopping $16Billion USD in 2018. Flipkart has got the global attention as it was one of the largest acquisitions in terms of acquisition and market valuation in India. For 2017, the company has 20000 employees and a revenue of $2.8 Billion USD.
BankBazaar is the face of Indian online financial market place. The Chennai based company disrupted the traditional banking services industry and paved way for online services of selling banking financial products for customers. The company enabled customers to compare unique features of financial products from different banking companies and helped them take maximum value out of their investment. The company’s main competition is PolicyBazaar which originally focused on selling life insurances. The team has over 1700 members and reported a revenue of around INR 75 Crores in 2017.
Redbus Bus-Ticketing Software
Redbus.in is the market leader in India for booking buses from one city to another. The company. Over 8 Million Indians actively book bus tickets on Redbus. The company has fast expanded roots to other countries like Singapore, Malaysia, Indonesia, Peru and Colombia.
The company claims that it has sold over 75 Million online bus tickets so far, serving across 8000 routes and 2300 bus operators. The platform is super friendly and has Mobile apps for all devices. The offers from financial companies and travel operators add to the advantage of RedBus booking platform.
Subex – Telecom Analytics Solution
Subex is the Software identity for Indian Technology Industry’s excellence in the Telecom industry. Founded by Subash Menon on 1992 to cater Business Support Systems, optimization systems, to deliver seamless telecom services to global customers. Today, Subex is clearly a world leader in Telecom analytics solutions provider for global telecom companies. The company serves over 200 telecom providers across 70 countries of the world and 16 of the top 20 wireless operators and 26 of the World’s biggest 50 Telecom service providers. The company is headquartered in Bangalore and has 860 employees and has $57.6 Million USD as Annual Revenue.
InMobi – Mobile Advertising and Analytics
InMobi is an Indian origin company and today, it is a global provider of enterprise platforms for marketers. The platform enables consumers to discover new products and services by providing contextual, relevant, and curated recommendations on mobile apps and devices.
The company was founded in 2007 and has a workforce more than 1500 employees worldwide. Their platform’s advantage is that they started tackling Mobile Industry when it was just booming. Today InMobi has grown has started acquiring potential companies that value add InMobi’s product portfolio in one of the most happening segments.
FusionCharts is a global identity for interactive charts to use within high-performing applications. Started in 2002, FusionCharts has been downloaded over 1.4 million times by 750,000 developers worldwide. ‘By developers, for developers’ is our mission statement, where our teams are focused on making developers’ life joyful, while helping the world communicate and understand data effectively. The company has more than 28000 customers across 118 countries. The company has been
FreshWorks – Freshworks 360
Freshworks was earlier Freshdesk one of the world’s successful help desk ticketing management software. The company is headquartered in Chennai and has got many firsts in it’s success timeline. The company today has a suite of business productivity tools. Today the company has more than $100 Million USD Revenue and has secured multi-million dollar investments for ambitious growth plans.
There are so many other successful IT / Software products out of India. We shall look at them in another blog post soon.