GIFT City is a global financial hub, competing with international financial zones like London Dockyards, La Defense, etc. Learn about the top 17 companies in GIFT City that are helping boost India’s economy.

A Quick Glance

Platforms	Value Proposition
Tata Consultancy Services (TCS)	Specialises in AI solutions, cybersecurity, and cloud computing for BFSI companies
Infosys	Provides IT consulting services for global banking clients
HCL Technologies	Develops AI-driven platforms for financial services
Wipro	Optimises financial services through blockchain, AI, and ML solutions
IBM India	Offers next-gen IT solutions through blockchain and quantum technologies
Oracle	Specialises in database management and SaaS-based financial services for BFSI clients
Capgemini	Offers digital solutions to sectors like healthcare, finance, manufacturing, etc.
Accenture	Known for their global presence and expertise in cybersecurity, IT consulting, etc.
Google	Offers a wide range of services, from Gmail and Google Drive to YouTube and Google Maps, catering to various user needs.
Microsoft	Known for their wide array of software products, like Windows, Office 365, and Visual Studio.
LTI Mindtree	Focuses on developing AI-powered customer experiences for banking and retail sectors
Zensar Technologies	Creates low-code automation platforms for healthcare and BFSI industries
Infibeam Avenues	Operates an interoperable online bill payments platform – Bharat BillPay
Decimal Point Analytics	Actively supports employment growth through initiatives like large-scale recruitment drives
Zoho	Offers cost-effective business automation solutions through cloud-based ERP and CRM
Razorpay	Focuses on developing BNPL (buy now, pay later) platforms and embedded finance for global markets
DevX	Builds co-working spaces and advanced IT infrastructure for startups

The Gujarat International Finance Tec-City, or GIFT City, is India’s first greenfield smart city. Located in Gandhinagar, GIFT City focuses on several industries like IT, FinTech, international business, and global financial services to improve India’s GDP and economy. It serves as a promising ground for startups as well as established IT companies with global ambitions. 

Several factors, like locational benefits, regulatory frameworks, infrastructural advancements, tax benefits, etc., contribute to the growth of Information Technology (IT) and other companies in GIFT City. Companies in this area can get 100% tax exemption for 10 consecutive years, which provides an excellent opportunity to reduce operational costs and secure profits. 

The regulatory framework of GIFT City offers flexible policies through SEZ (Special Economic Zone) and IFSCA (International Financial Services Centres Authority), easing out the business set-up and functional procedures. The city is designed with proper infrastructure to enable cross-border business transactions. 

This offers an excellent opportunity for companies looking to flourish in international markets. Lastly, GIFT City is located between Ahmedabad and Gandhinagar near Gujarat’s major urban and financial centres. 

Besides, it is close to international shipping routes and highways, offering opportunities for efficient logistics, supply chain management, and business operations management. All these make GIFT City an ideal breeding ground for IT and other companies. 

Top IT Companies in GIFT City in 2025

Let’s explore the IT companies in GIFT City based on their origin, market position, and more!

Top 5 Established Global Market Players in GIFT City

Here are the top 5 IT companies in GIFT City in 2025 known for their global presence:

Tata Consultancy Services (TCS)

TCS, or Tata Consultancy Services (TCS), is an established IT giant in India that offers IT and consulting services, application development, digital transformation, and business solutions. Companies like this can add remarkable value in shaping the technological landscapes of the region in which they are established. 

Thus, GIFT City has attracted several skilled professionals in the IT field due to the presence of TCS, expanding job opportunities for local talents. With a specialisation in cybersecurity, cloud computing, and AI solutions for BFSI clients, TCS is expected to expand its workforce to 5,000+ employees in GIFT City by 2025.

Features:

• Provides services to industries like banking, capital markets, media, insurance, healthcare, etc.
• Known for their excellence in cognitive business intelligence, IoT digital engineering, etc.
• The global delivery model ensures scalability.
• Trusted partner for financial institutions worldwide.

Market Cap: ₹12.652 Trillion (as of March 2025)

Infosys

Infosys is considered one of the most successful global leaders in technology, consulting, and outsourcing solutions. It focuses on AI-driven analytics, financial IT solutions, blockchain, building an innovative culture and providing advanced services. All these factors have made Infosys one of the most popular IT firms among job-seeking professionals in this field. 

In Gandhinagar, Infosys has committed to training local IT professionals through skill development programmes, contributing to GIFT City’s IT ecosystem development. With its investment in the FinTech innovation labs in Gandhinagar, Infosys has further emerged as a responsible corporate organisation in GIFT City.

Features:

• Uses AI-first core for digital transformation.
• Partnerships with global tech leaders like Google and IBM.
• Focus on ESG (Environmental, Social, Governance) initiatives.
• Strong brand reputation globally.
• Agile digital solutions tailored for BFSI clients.

Market Cap: ₹6.596 Trillion (as of March 2025)

HCL Technologies

Hindustan Computers Limited (HCL) Technologies extends its services to engineering services, IT consulting, BPO (business process outsourcing), etc. Moreover, they are advancing in fields like cloud computing and AI solutions. Their customer-centric and innovative approaches have strengthened their influence in GIFT City. 

HCL is dedicated to bringing technological advancements to Gandhinagar, making it one of the reputed technology hubs in India. It is setting up an R&D centre for cloud-based enterprise solutions in GIFT City, further enhancing the development of this area. 

Features:

• Partners with global BFSI players to develop AI-driven financial platforms.
• Focus on large-scale cloud transformation projects.
• Expertise in engineering R&D services for global clients.
• A stable client base ensures consistent revenue growth.
• Strong emphasis on employee development.

Market Cap: ₹4.185 Trillion (as of March 2025)

Wipro

With 190000+ employees worldwide, Wipro is driving digital transformation in the BFSI sector. They use Artificial Intelligence (AI), Machine Learning (ML), and blockchain technology to optimise financial services in GIFT City and other regions. 

It is a leading IT company with offices in 175+ countries. Moreover, their 55+ Centres of Excellence help them stay updated with technological advancements.

Features:

• Plays a significant role in GIFT City’s digital banking IT solutions.
• Expertise in data analytics and robotics for BFSI clients.
• An early adopter of offshore software development models
• Comprehensive service offerings across IT domains.
• Strong legacy of innovation since the 1980s.

Market Cap: ₹2.715 Trillion (as of March 2025)

IBM India

International Business Machines Corporation, or IBM is known for their global leadership in cloud computing, cybersecurity, machine learning, AI, and IT consulting. IBM India, located in GIFT City, is a subsidiary of this global company. It transforms enterprises digitally, offering advanced IT infrastructure management, blockchain solutions, data analytics, and software development services. 

In GIFT City, IBM India helps businesses use hybrid cloud solutions and AI automation for systematic optimisation of security and performance.

Features:

• Offers highly scalable, secure, and AI-driven IT solutions to businesses.
• Known for cybersecurity expertise, enterprise-grade cloud infrastructure, and next-gen IT solutions.

• Helps companies to stay upgraded with the ever-changing digital landscape.
• Aims to offer advanced IT solutions to their clients by investing in blockchain technology, IoT, and quantum computing.

Market Cap: ₹20.192 Trillion (as of March 2025)

Top 5 International Technology Firms in Gift City

Check out the 5 best international technology companies in Gandhinagar:

Oracle

Excelling in data analytics and cloud computing for BFSI companies, Oracle is a leading IT service and solutions provider. It is one of the top IT companies in GIFT City, fulfilling its customers’ desired business goals since 1977. Their services are extended to industries like education, automotive, construction, communications, financial services, government, healthcare, and more. 

Meanwhile, their products, like Oracle cloud infrastructure, database services, Oracle cloud applications, ERP (enterprise resource planning), etc., have always aligned with customer demand, promising IT advancement nationwide.

Features:

• They specialise in database management and SaaS-based financial services.
• Advanced cloud solutions tailored for fintech innovation zones.
• The industry leader in cloud computing technologies.
• Strong focus on data security and compliance.

Market Cap: ₹36.173 Trillion (as of March 2025)

Capgemini

Capgemini is a global player in digital transformation, consulting, technology services, and more. It is one of the top IT companies in GIFT City, known for promoting agile methodologies and innovative ideas. The company helps businesses in and around GIFT City adapt to evolving market demands.

IT professionals in Gandhinagar prefer Capgemini because its initiatives include diverse talents and focus on their development. Furthermore, GIFT City is considered a reputed technology hub due to the presence of companies like Capgemini that are committed to customer satisfaction and known for their technological expertise.

Features:

• Specialises in AI, cloud, data, and digital transformation to drive sustainable business innovation.
• Provides end-to-end services across industries like finance, healthcare, manufacturing, and government sectors.

Market Cap: ₹2.325 Trillion (as of March 2025)

Accenture

Accenture is a global professional services company that plays a significant role in the IT field. It provides a wide array of services, including consulting, technology, and operations solutions. As evidenced by its website, Accenture focuses on helping businesses reinvent themselves through AI, cloud computing, and other digital technologies.

The company’s global presence and expertise contribute to GIFT City’s development by providing IT infrastructure, cybersecurity solutions, and consulting services to businesses operating there. Additionally, Accenture helps companies with their digital transformation and marketing.

Features:

• Provides tailored solutions for various industries, including finance, healthcare, and retail.
• Invests in research and development to stay at the forefront of technological advancements like AI.
• Committed to sustainable business practices and helping clients achieve their environmental goals.

Market Cap: ₹16.404 Trillion (as of March 2025)

Google

Google is a global leader in the IT industry, renowned for its innovation in search, cloud computing, and artificial intelligence (AI). It drives digital transformation across sectors by offering cutting-edge solutions like Google Cloud, AI-powered tools, and productivity software. Google’s AI initiatives, including the Gemini AI platform, enhance data analytics and generative capabilities, enabling businesses to optimise operations efficiently. 

Its decision to establish a Global Fintech Operation Centre in GIFT City marks a strategic step in expanding its fintech capabilities. The centre will focus on financial technology operations, leveraging tools like GPay and UPI to enhance global financial inclusion. 

Features:

• Offers scalable cloud solutions tailored for diverse industries.
• Provides scalable solutions for businesses, including data storage, machine learning, and collaborative tools.
• Uses artificial intelligence across its products, enhancing user experiences and automating processes for efficiency.

Market Cap: ₹171.765 Trillion (as of March 2025)

Microsoft

Microsoft plays a pivotal role in the IT sector by offering a comprehensive suite of software, cloud services, and hardware solutions. The company is heavily invested in AI, evident through Copilot and AI-enhanced Surface devices, which boosts productivity and innovation for businesses.

Its global operations and focus on empowering businesses with technology promise significant contributions to GIFT City through cloud infrastructure, cybersecurity solutions, and productivity tools. Microsoft is well-positioned to enable firms to grow and thrive in this emerging global financial hub.

Features:

• Offers a wide array of software products, including Windows, Office 365, and Visual Studio.
• Integrates AI across its product line, enhancing productivity and user experiences.

Market Cap: ₹247.674 Trillion (as of March 2025)

Top 4 Homegrown Companies and Their Success Stories in GIFT City

Here are the top 4 companies of Indian origin, helping in shaping the development of GIFT City:

LTI Mindtree

LTI Mindtree provides digital solutions and global technology consulting to various sectors. It helps enterprises reimagine business models, accelerate innovation, and maximise growth through digital technologies. Their expertise spans various sectors, including banking, financial services, and retail.

In GIFT City, LTI Mindtree contributes by establishing a next-gen digital experience centre focused on AI-powered customer experience platforms. This centre helps banking and retail clients develop innovative solutions, enhancing customer engagement and streamlining operations. Their presence in GIFT City strengthens the region’s IT ecosystem and supports the growth of fintech and digital transformation initiatives.

Features:

• They are developing AI-powered customer experience platforms for banking and retail clients.
• Promotes advanced cloud platforms designed for scalability.

• Strong emphasis on creating personalised user experiences.
• Rapidly growing presence across multiple industries. 

Market Cap: ₹1.319 Trillion (as of March 2025)

Zensar Technologies

Zensar Technologies delivers digital solutions and technology services, specialising in experience design, data engineering, and cloud infrastructure. They emphasise creating customer-centric experiences, leveraging advanced technologies like AI and cloud computing to address complex business challenges.

In GIFT City, Zensar contributes by building low-code automation platforms targeting the BFSI and healthcare industries. This focus enhances operational efficiency and drives technological advancement within the city’s financial and healthcare sectors. By providing innovative IT solutions, Zensar supports GIFT City’s growth as a hub for technology-driven business solutions.

Features:

• Offers low-code automation for platforms to reduce development time.
• Comprehensive cloud solutions for seamless data storage and migration.

• Enables businesses to harness the full potential of big data.
• Offers scalable solutions tailored to different industries.

Market Cap: ₹158.23 Billion (as of March 2025)

Infibeam Avenues

Infibeam Avenues is a prominent Indian fintech company, offering integrated digital payment solutions under CCAvenue and enterprise software solutions under BuildaBazaar. As a listed, bootstrapped, and profitable conglomerate, Infibeam Avenues provides payment gateway services, corporate credit, and enterprise solutions.

The organisation’s comprehensive fintech portfolio contributes to GIFT City by providing robust digital payment infrastructure and enterprise solutions. Their services can facilitate seamless financial transactions, support enterprise operations, and contribute to GIFT City’s growth as a global financial hub.

Features:

• Provides digital banking solutions for SMEs to manage finances.
• Offers diverse solutions, including payment gateways, corporate credit cards, and enterprise software.

Market Cap: ₹49.51 Billion (as of March 2025)

Decimal Point Analytics

Decimal Point Analytics (DPA) is a leading financial research and analytics firm established in 2003. It specialises in providing data management, advanced analytics, and consulting services powered by AI and machine learning. With over 800 professionals globally, DPA caters to institutional asset managers, family offices, and data providers. 

The company has significantly contributed to the development of GIFT City by establishing its third operational centre there, enhancing its delivery capabilities and creating job opportunities. This aligns with GIFT City’s vision of becoming a global financial hub by fostering innovation and advanced technological infrastructure.

Features:

•  Tailors solutions for portfolio optimisation, regulatory compliance, and market strategies.
• Offers predictive AI and ML models for investment opportunities and risk assessment.

Top 3 Emerging Players in GIFT City

Following are the top 3 emerging companies playing a crucial role in the development of GIFT City

Zoho

Zoho significantly contributes to IT development by offering a comprehensive cloud-based business software suite like Zoho One. It integrates various business functions into a unified platform. This all-in-one approach helps businesses streamline operations, break down departmental silos, and improve efficiency. 

With over 100 million users globally, Zoho democratises access to enterprise-level software, particularly benefiting SMEs with cost-effective and customisable tools. Their customer-first philosophy and transnational localism further solidify their commitment to serving diverse business needs worldwide. This Indian Saas startup is expanding in the GIFT City with innovative approaches.

Features:

• Develops ERP and cloud-based CRM for BFSI companies.
• Focuses on customer-centric product design.

• Offers cost-effective business automation solutions for SMEs and startups.
• Their CRM can be simply integrated with the existing systems of the company.

Market Value: ₹1,03,760 Crore (as of 2024)

Razorpay

Razorpay is a leading Indian fintech company revolutionising payment solutions for businesses. Its platform allows seamless acceptance, processing, and disbursal of payments through various methods, including credit cards, UPI, and wallets. RazorpayX enhances business banking by automating payouts and payroll compliance.

In GIFT City, Razorpay contributes by expanding cross-border payment processing capabilities and developing embedded finance solutions. This strengthens GIFT City’s financial ecosystem, attracting global transactions. By providing innovative payment solutions, Razorpay empowers businesses, stimulates growth, and positions GIFT City as a key fintech hub.

Features:

• Focuses on developing BNP platforms and embedded finance solutions for global markets. 
• Focus on real-time transaction processing. 

• Seamless integration with payment gateways worldwide. 
• Strong focus on customer-centric financial tools. 

Market Value: ₹63,620 Crore (as of 2024)

DevX

DevX provides state-of-the-art co-working spaces and IT infrastructure tailored for startups at GIFT City. It supports ventures specialising in emerging technologies like blockchain, AI, and cybersecurity by offering flexible workspace solutions.

Features:

• DevX offers over 265,000 sq. ft. of vibrant workspace in GIFT City, designed for startups, SMEs, and corporates.
• Provides tech-enabled platforms for innovation management and startup acceleration.

• Flexible workspace solutions tailored to businesses of all sizes. 
• High-quality infrastructure aligned with global standards. 
• Supports 24/7 operations with uninterrupted services. 

Market Value: ₹78.4 Crore (as of February 2024)

Key Sectors Driving the Growth of Various Companies in GIFT City 

Here are some of the business sectors that facilitate the growth of Gandhinagar’s GIFT City:

• FinTech & Digital Payments

GIFT City is a growing FinTech and digital payments hub where firms like Razorpay operate. These players use the city’s International Financial Services Centre (IFSC) to develop new cross-border payment processing capabilities that facilitate easy transactions worldwide. 

The development of this industry is vital to improving financial inclusion and economic growth.

• Cloud Computing & AI

Cloud computing and artificial intelligence (AI) are crucial in developing GIFT City’s IT sector. With industry leaders such as Oracle and Infosys having their offices in this region, GIFT City will surely experience a boost in the IT field. 

These firms specialise in creating sophisticated cloud platforms and AI-based solutions enabling businesses to streamline operations, enhance decision-making, and better serve customers. This industry drives technological innovation and efficiency across sectors.

• Cybersecurity & Blockchain

The need for strong cybersecurity solutions and blockchain technology is expanding rapidly in GIFT City. Firms are investing massively to secure financial transactions and protect sensitive data from cyberattacks. This sector creates more confidence in digital services, fuels innovation in decentralised finance, and makes GIFT City a pioneer in such technologies.

The Future of IT, Fintech, and Other Companies in GIFT City and Global Market Beyond 2025

The Indian as well as global economy is witnessing a massive contribution from the IT and FinTech sectors. As per reports, India’s technology industry is expected to double its revenue figures by 2030, reaching $500 billion. Meanwhile, the global IT sector’s market size is expected to reach $29886.75 billion by 2033, indicating an 11% CAGR.   

Fintech companies in GIFT City are also experiencing rapid growth, supported by a tailored regulatory framework. India’s fintech sector was valued at $584 billion in 2022 and is projected to reach $1.5 trillion by 2025. This growth is boosted by a high fintech adoption rate in India, exceeding the global average. The global fintech market was $218.8 billion in 2024 and is expected to reach $828.4 billion in 2033, with a CAGR of 15.82%. 

Industry Trends in GIFT City

GIFT City’s initiatives foster innovation and attract global firms, driving local and international developments. Several factors, such as the increasing demand for technology and digital solutions for payment and other operations across various industries, are leading to the growth of the IT and FinTech sectors. 

Furthermore, numerous leading sectors invest in IT and FinTech services to keep up with the market demand for technological developments. Technological advancements in cloud computing, IT infrastructure, and cybersecurity are also driving market growth. All these factors will transform the business sectors in Indian and global markets. 

Businesses are also adopting cutting-edge IT and embedded finance solutions that boost productivity and competitiveness due to their growing emphasis on digitalisation, data security, and remote work capabilities.  

These developments also demand a streamlined payment model for the companies in GIFT City. This calls for payment solutions like Decentro. With our payment APIs, companies can manage their transactions smoothly and systematically.

By leveraging our Multi-Collect API, IT companies can collect payments from multiple businesses at the same time in a seamless manner. Besides, they may need to verify the identity of their clients for security reasons. Our KYC Verification APIs are the perfect solution for such needs, enabling quick identity verification for companies.

Our offerings are not limited to this! Multiple APIs and resources, like Vendor Onboarding, Professional Verification and more, cater to your diverse business requirements. 

So, what are you waiting for? 

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