About HCL Technologies
HCL Technologies is a company based in Noida (India) founded in 1976 by Shiv Nadar.. The company has 234,500 employees as of March 31, 2024. HCL Technologies has completed 28 acquisitions, including ASAP Group, ASAP Holding and Actian. HCL Technologies offers products and services including AI Services, Cloud Solutions, and Engineering Services. HCL Technologies operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Noida, India
- Employees 234500 as on 31 Mar, 2024
- Founders Shiv Nadar
- Stage Public
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Sectors
Business ServicesTechnology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Hcl Technologies Limited
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Annual Revenue
$13.67 B (USD)6.5as on Mar 31, 2024
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Net Profit
$2.03 B (USD)10.75as on Mar 31, 2024
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EBITDA
$3.01 B (USD)5.4as on Mar 31, 2024
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Latest Funding Round
$638.44 K (USD), Grant
Dec 01, 2020
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Investors
European Union
& 1 more
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Employee Count
234500
as on Mar 31, 2024
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Investments & Acquisitions
ASAP Group
& 27 more
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IPO & Listings of HCL Technologies
HCL Technologies is a publicly listed company on the NSE with ticker symbol HCLTECH in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of HCL Technologies
HCL Technologies offers a comprehensive portfolio of products and services, including AI Services, Cloud Solutions, and Engineering Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables organizations to automate and accelerate business processes
Optimizes cloud infrastructure for innovation and agility
Accelerates product development and improves time-to-market
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Software Development Team
44 people
Leadership Team
26 people
Sales and Marketing
22 people
Senior Team
6 people
Human Resources and Administration
5 people
Sr. Team
3 people
Legal and Compliance
2 people
Finance and Accounting
2 people
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Funding Insights of HCL Technologies
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $638,440
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Grant - HCL Technologies | Valuation |
investors |
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| Jun, 2008 | Amount | Post-IPO - HCL Technologies | Valuation |
investors |
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| Jan, 2001 | Amount | Post-IPO - HCL Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HCL Technologies
HCL Technologies has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and ChrysCapital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focusing on private equity in sectors like financial services and healthcare.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HCL Technologies
HCL Technologies has strategically engaged in corporate development activities, having acquired 28 companies. Notable acquisitions include ASAP Group, ASAP Holding and Actian. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Business consulting services are provided by Strong-Bridge Envision.
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2018 | ||||
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Data integration platforms are provided for automation and execution.
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2014 | ||||
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Vernacular-based hyperlocal platform for online programming mentoring is developed.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HCL Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hcl Technologies Comparisons
Competitors of HCL Technologies
HCL Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hcl Technologies
Frequently Asked Questions about HCL Technologies
When was HCL Technologies founded?
HCL Technologies was founded in 1976 and raised its 1st funding round 25 years after it was founded.
Where is HCL Technologies located?
HCL Technologies is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of HCL Technologies?
Vijayakumar C is the current CEO of HCL Technologies.
How many employees does HCL Technologies have?
As of Mar 31, 2024, the latest employee count at HCL Technologies is 234,500.
What is the annual revenue of HCL Technologies?
Annual revenue of HCL Technologies is $13.67B as on Mar 31, 2024.
What does HCL Technologies do?
HCL Technologies was founded in 1976 and is headquartered in Noida, India. IT services and outsourcing solutions are offered by the company, focusing on data analytics, cloud computing, networking, cybersecurity, and support functions. AI and automation technologies are integrated to support business process acceleration. Digital, engineering, and cloud capabilities are delivered to organizations across various sectors, with operations extending globally from its Indian base.
Who are the top competitors of HCL Technologies?
HCL Technologies's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does HCL Technologies offer?
HCL Technologies offers AI Services, Cloud Solutions, and Engineering Services.
Is HCL Technologies publicly traded?
Yes, HCL Technologies is publicly traded on NSE under the ticker symbol HCLTECH.
How many acquisitions has HCL Technologies made?
HCL Technologies has made 28 acquisitions, including ASAP Group, ASAP Holding, and Actian.
Who are HCL Technologies's investors?
HCL Technologies has 2 investors. Key investors include European Union, and ChrysCapital.
What is HCL Technologies's ticker symbol?
The ticker symbol of HCL Technologies is HCLTECH on NSE.
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