About Tata Consultancy Services
Tata Consultancy Services is a company based in Mumbai (India) founded in 1968. It operates as a SaaS (Software-as-a-Service), Professional Services, and Managed Services. The company has 607,980 employees as of March 31, 2024. Tata Consultancy Services has completed 7 acquisitions, including Alti, Alti Relation Clients and BridgePoint. Tata Consultancy Services offers products and services including TCS BaNCS™, TCS ADD™, ignio™, and TCS OmniStore™. Tata Consultancy Services operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Mumbai, India
- Employees 607980 as on 31 Mar, 2024
- Stage Public
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Sectors
Technology
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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 Tata Consultancy Services Limited
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Annual Revenue
$29.79 B (USD)5.99as on Mar 31, 2024
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Net Profit
$5.67 B (USD)5.76as on Mar 31, 2024
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EBITDA
$7.9 B (USD)5.18as on Mar 31, 2024
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Latest Funding Round
$1.53 M (USD), Grant
Jul 01, 2017
- Investors
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Employee Count
607980
as on Mar 31, 2024
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Investments & Acquisitions
Alti
& 6 more
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IPO & Listings of Tata Consultancy Services
Tata Consultancy Services is a publicly listed company on the NSE with ticker symbol TCS 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 Tata Consultancy Services
Tata Consultancy Services offers a comprehensive portfolio of products and services, including TCS BaNCS™, TCS ADD™, ignio™, and TCS OmniStore™. 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.
Digital solutions for insurance and financial growth are provided.
Platforms for clinical research and drug development are offered.
Autonomous enterprise solutions for resilience and assurance are delivered.
Unified commerce solutions for future retail are developed.
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Software Development Team
389 people
Leadership Team
129 people
Client Team
101 people
Senior Team
66 people
Sales and Marketing
62 people
Human Resources and Administration
59 people
Business Team
44 people
Finance and Accounting
28 people
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Funding Insights of Tata Consultancy Services
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $1.5M
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First Round
First Round
(01 Mar 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2017 | Amount | Grant - Tata Consultancy Services | Valuation |
investors |
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| Mar, 2015 | Amount | Grant - Tata Consultancy Services | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Tata Consultancy Services
Tata Consultancy Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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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 Tata Consultancy Services
Tata Consultancy Services has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Alti, Alti Relation Clients and BridgePoint. 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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Salesforce consultancy and IT services are provided.
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2012 | ||||
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Provider of marketing and branding services
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2012 | ||||
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Financial services are provided by BridgePoint to support client needs.
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2010 |
| 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 - Tata Consultancy Services
| 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 |
Tata Consultancy Services Comparisons
Competitors of Tata Consultancy Services
Tata Consultancy Services 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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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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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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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 Tata Consultancy Services
Frequently Asked Questions about Tata Consultancy Services
When was Tata Consultancy Services founded?
Tata Consultancy Services was founded in 1968 and raised its 1st funding round 47 years after it was founded.
Where is Tata Consultancy Services located?
Tata Consultancy Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Tata Consultancy Services?
Krithi Krithivasan is the current CEO of Tata Consultancy Services.
How many employees does Tata Consultancy Services have?
As of Mar 31, 2024, the latest employee count at Tata Consultancy Services is 607,980.
What is the annual revenue of Tata Consultancy Services?
Annual revenue of Tata Consultancy Services is $29.79B as on Mar 31, 2024.
What does Tata Consultancy Services do?
Tata Consultancy Services (TCS) is recognized as a leader in IT services, consulting, and digital transformation. The company is focused on helping businesses become perpetually adaptive enterprises, capable of evolving continuously in a changing world. Services are offered across various sectors including banking, healthcare, retail, and manufacturing. Solutions such as AI, cloud computing, cybersecurity, and IoT are provided to address complex business challenges. TCS operates in multiple industries with platforms like TCS BaNCS for financial services and ignio for autonomous operations. Global presence is maintained with operations in over 55 countries, supporting diverse clients with innovative technology solutions.
Who are the top competitors of Tata Consultancy Services?
Tata Consultancy Services's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Tata Consultancy Services offer?
Tata Consultancy Services offers TCS BaNCS™, TCS ADD™, ignio™, and TCS OmniStore™.
Is Tata Consultancy Services publicly traded?
Yes, Tata Consultancy Services is publicly traded on NSE under the ticker symbol TCS.
How many acquisitions has Tata Consultancy Services made?
Tata Consultancy Services has made 7 acquisitions, including Alti, Alti Relation Clients, and BridgePoint.
Who are Tata Consultancy Services's investors?
Tata Consultancy Services has 1 investor. Key investors include European Union.
What is Tata Consultancy Services's ticker symbol?
The ticker symbol of Tata Consultancy Services is TCS on NSE.
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