Mastek

Mumbai, India Founded: 1982 • Age: 44 yrs
Provider of IT services for businesses
Annual revenue $404.4M Latest available
Total funding - Funding intelligence
Employees 5120 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Mastek

Mastek is a company based in Mumbai (India) founded in 1982 by Sudhakar Ram, Ketan Mehta, Rad Sundar, and Ashank Desai. The company has 5,120 employees as of March 31, 2024. Mastek has completed 6 acquisitions, including BizAnalytica, IndigoBlue and Meta Soft Tech Systems. Mastek operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Mumbai, India
  • Employees 5120 as on 31 Mar, 2024
  • Founders Sudhakar Ram, Ketan Mehta, Rad Sundar, Ashank Desai
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mastek Limited
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $404.41 M (USD)
    13.11
    as on Mar 31, 2025
  • Net Profit
    $44.01 M (USD)
    25.19
    as on Mar 31, 2025
  • EBITDA
    $58.29 M (USD)
    -2.83
    as on Mar 31, 2025
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    5120

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Mastek

Mastek is a publicly listed company on the NSE with ticker symbol MASTEK 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.

Exchange: NSE · Ticker: MASTEK · Sector: Technology services · India

People of Mastek

Headcount 1000-5000
Employee Profiles 137
Board Members and Advisors 5
Employee Profiles
People
Sudhakar Ram
Founder
People
Arun Agarwal
Vice President, Finance
People
Ajit Singh
Chief Revenue Officer, Mastek Americas
People
Raman Sapra
President, Mastek Americas

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Board Members and Advisors
people
Ketan Mehta
Director
people
Ashank Desai
Vice Chairman & Managing Director
people
Rajeev Grover
Director
people
Umang Nahata
Director

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Funding Insights of Mastek

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Detailed funding history for Mastek

Round names, dates, amounts, investors, and valuation history require an active premium plan.

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Mastek

Mastek has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BizAnalytica, IndigoBlue and Meta Soft Tech Systems.

Investments
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Investment portfolio details for Mastek

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of data analytics, business intelligence, cloud computing, support, and managed services
Locked Locked 2017 Locked
Website development, cloud, and managed IT services are provided.
Locked Locked 2013 Locked
IT service suite solutions and digital marketing services are provided.
Locked Locked 2012 Locked
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Complete acquisition details for Mastek

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Financial Statements - Mastek

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Detailed financials for Mastek

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Mastek Comparisons

Mastek Primary company
Description
Provider of IT services for businesses
Location
Mumbai, India
Founded Year
1982
Annual Revenue
$404.41 M (USD)
Net Profit
$44.01 M (USD)
EBITDA
$58.29 M (USD)
Employees
5,120
As of 2024
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Peer comparison for Mastek

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Mastek

Mastek 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, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
High-quality office furniture is provided by UST for various needs.
Locked Locked Locked
Application development, cloud, cybersecurity, and business intelligence services are provided.
Locked Locked Locked
AI, cloud, and blockchain services are provided globally.
Locked Locked Locked
IT and digital transformation services are delivered to various industries.
Locked Locked Locked
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
Locked Locked Locked
Provider of end-to-end business process outsourcing services
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Detailed competitors of Mastek

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Latest news on Mastek

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Complete news archive for Mastek

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  • Brand-specific news history

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Frequently Asked Questions about Mastek

Mastek was founded in 1982.

Mastek is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Hiral Chandrana is the current CEO of Mastek.

As of Mar 31, 2024, the latest employee count at Mastek is 5,120.

Annual revenue of Mastek is $404.41M as on Mar 31, 2025.

Provider of IT services for businesses. It offers multiple services such as cloud migration, data, automation, AI, salesforce and more.

Mastek's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

Yes, Mastek is publicly traded on NSE under the ticker symbol MASTEK.

Mastek has made 6 acquisitions, including BizAnalytica, IndigoBlue, and Meta Soft Tech Systems.

The ticker symbol of Mastek is MASTEK on NSE.

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