Top Product Based Companies in India | 2025 List

Have you ever wanted to be part of something innovative, to create products that impact the lives of millions of people? When this is the case, then companies that are product-based are where you want to be. The scene in India in 2025 is alive with technology, and it has transformed into a product-driven engine. 

Did you know that the Indian software product industry is expected to grow to more than 100 billion dollars by 2025 and has a tremendous growth potential? This revolution is not only generating a healthy job market, with an estimated 5.5 million individuals currently employed in the Indian IT and Business Process Management (BPM) industry, but also a substantial number of whom are engaged in product development. Also, Indian startup ecosystem is also flourishing, with more than 130 unicorns (startups valued at $1 billion or more) as of early 2025, with a large number of them being product-based.

The article is your ultimate guide to top product based companies in India. We will discuss why they are such a wonderful place to work and take a deep dive into some of the best players both native and multinational giants with a heavy Indian presence.

Benefits of Working in a Product-Based Company

Being in a service-based company and working in a product based companies in India are quite different. Rather than working on projects of clients that may vary in nature, you are devoted to creating and improving a single product or a set of products. This comes with a great number of thrilling advantages:

• Direct Impact: Your work has a direct effect on the product and the users. You are able to see the physical outcome of your work, a new feature released to user feedback, which gives a good sense of purpose and accomplishment.
• Higher Pay and Benefits: Product based companies, especially the older ones and the successful startups, tend to pay much better salaries, lucrative bonuses, and usually stock options or ESOPs (Employee Stock Ownership Plans), so that you can also enjoy the prosperity of the company.
• Better Work-Life Balance (Overall): Deadlines are a universal thing, but many product companies focus on sustainable work practices. They know that creativity and innovation flourishes when employees are rested and have a healthy work-life balance.
• Learning and Growth Opportunities: These companies also tend to spend a lot of money on the skill development of their employees, and they provide training programs, certifications as well as an opportunity to work with the experienced professionals and learn with the best in the business.
• Teamwork: Product development involves a lot of teamwork among various departments- engineering, design, product management, marketing and sales. This creates a very collaborative and cross functional culture where ideas are exchanged freely.

List of Top Product Based Companies in India [2025]

1. Infosys (Products Division)

• Headquarters: Bengaluru, India
• No. of employees: Around 340,000+ globally (significant portion in product development)
• Website: www.infosys.com
• Average Salary: ₹10 – ₹30 LPA (Lakhs Per Annum) for product development roles, varying by experience and specialty.

Infosys, which is commonly regarded as a world leader in consulting and IT services, has a considerable and increasing interest in its product business, especially its Finacle suite. Finacle is a flagship universal banking solution that helps banks across the world to drive their digital transformation agendas. This product division is in charge of creating, sustaining, and improving this end-to-end platform that encompasses core banking, digital banking, payments, and wealth management.

By working here, one will be part of enterprise-grade software that has an effect on the financial services industry worldwide. It is one of the best product based companies in India. Infosys product teams are engaged in scaling, secure, and robust solutions, and the latest technologies, such as AI, blockchain, and cloud-native architecture are used to address the changing needs of the banking industry. This gives the engineers a chance to explore intricate financial systems and advanced technology to the core.

Also Read: Product Based Companies in Bangalore

2. Zoho Corporation

• Headquarters: Chennai, India
• No. of employees: Around 15,000+ globally
• Website: www.zoho.com
• Average Salary: ₹7 – ₹18 LPA, varying by role and experience.

Zoho Corporation is an Indian success story and provides a large and comprehensive set of cloud-based business software applications. Zoho offers more than 50 applications that run an entire business, including CRM and office productivity tools, as well as finance, HR and IT management software. Their philosophy is to create end-to-end solutions internally, which are well integrated and have a uniform user experience.

Being employed by Zoho implies being a member of a team that develops products that can be used by businesses of all scales, both small startups and large companies, to streamline their work and improve productivity. The company has a reputation of its heavy R&D orientation, a culture of intense technical expertise and long-range product vision. The versatile product range of Zoho presents a broad range of technical issues and learning opportunities in different fields.

3. Freshworks

• Headquarters: San Mateo, California, USA (founded in Chennai, India, with strong Indian presence)
• No. of employees: Around 5,000+ globally (significant presence in India)
• Website: www.freshworks.com
• Average Salary: ₹12 – ₹25 LPA, varying by role and experience.

Freshworks is a global software-as-a-service (SaaS) company that develops simple and cost-effective business software with the aim of making companies delight their customers and employees. They have popular products such as Freshdesk (customer support software), Freshsales (CRM), Freshservice (IT service management), and Freshmarketer (marketing automation). Freshworks is focusing on a customer-for-life philosophy with the aim of user-friendly interfaces and strong features.

The company has a strong product development footprint in India, where most of its core engineering and innovation is taking place. It is one of the best product based companies in India. By becoming a part of Freshworks, one will be able to work on products that will make complicated business operations easier and enhance customer experience. It is a culture that appreciates quick iteration, a high emphasis on product market fit and creating scalable cloud solutions to serve a worldwide customer base.

4. Razorpay

• Headquarters: Bengaluru, India
• No. of employees: Around 2,500+
• Website: www.razorpay.com
• Average Salary: ₹10 – ₹28 LPA, varying by role and experience.

Razorpay is an innovative fintech firm in India that transforms the online payment experience of business entities. They provide an entire range of payment services, such as payment gateways, payment links, subscription management, and business banking services with RazorpayX. They aim to make online payment and financial transactions straightforward to Indian businesses so that they can receive, process and pay out the payments easily.

At Razorpay, you get to work on the bleeding edge of financial technology, process large volumes of transactions, and make sure that they are secure and that the systems are robust and scalable. The company has been recognized as innovative in the fintech sector and has addressed some of the problems that are exclusive to merchants and businesses in India. It is a dynamic place where you can get to know about financial regulation, payment infrastructure, and development of highly reliable fintech products.

5. Zerodha

• Headquarters: Bengaluru, India
• No. of employees: Around 1,500+
• Website: www.zerodha.com
• Average Salary: ₹8 – ₹20 LPA, varying by role and experience.

Zerodha has reinvented the Indian brokerage market with zero-brokerage equity investments and flat-fee trading.They are the largest retail stockbroker in India with innovative and easy to use trading platforms such as Kite (web and mobile) and Coin (direct mutual fund investments). The success of Zerodha is based on its technology-first philosophy, which is geared towards developing high-performance and robust platforms that serve millions of active traders and investors.

Zerodha is a place where one can create essential financial trading software, where the latency is low, it is highly available, and where one can create user-friendly experiences to complex financial products. It is a very technologically oriented company, and engineers are allowed to experiment and innovate. It is a great location to learn about financial markets and develop high-scale, real-time applications that have a direct influence on the financial experience of users.

6. Tally Solutions

• Headquarters: Bengaluru, India
• No. of employees: Around 1,000+
• Website: www.tallysolutions.com
• Average Salary: ₹6 – ₹12 LPA, varying by role and experience.

Tally Solutions is an Indian company that has been in the Indian software product market since long, with its most successful product being the accounting software, Tally Prime (previously Tally. ERP). Tally has served the accounting, inventory, payroll and compliance needs of millions of small and medium businesses (SMBs) in India over the decades. The company has been consistently updating its product in accordance with the changing tax laws, technology and user requirements.

Being a part of Tally Solutions is being a part of a very well established and broadly used business software in India. You would be engaged in creating features that would make complicated financial tasks easier, make them compliant with the regulations (such as GST), and offer a stable and reliable platform to businesses. It is a place where detail, precision and comprehension of business processes are of great importance in product development.

7. BharatPe

• Headquarters: New Delhi, India
• No. of employees: Around 1,000+ (as of early 2025)
• Website: www.bharatpe.com
• Average Salary: ₹10 – ₹35 LPA, varying significantly by role and experience.

BharatPe is an Indian fast-growing fintech company that aims to empower small merchants and Kirana stores through digital payment and financial services. They provide a payment acceptance solution based on QR code, small business loans, and other financial products that are customized to the unorganized retail segment. BharatPe is a company that is focused on making payment acceptance simple and the availability of easy credit to millions of small businesses in India.

It is one of the best product based companies in India. Being a part of BharatPe is an opportunity to create the very best fintech solutions to the problems that small entrepreneurs in India have to deal with, to bring financial access to all, and to promote digitalization at the ground level. It is a growth-oriented organization where product and engineering groups develop scalable payment platforms, lending systems, and easy to use mobile apps. This firm provides an opportunity to develop products that have a great social and economic implication.

Top Global Product-Based Companies with Indian Offices

India is now a strategic location to all the major tech companies and most have set up huge research and product development facilities. Such companies provide unmatched experience of working with global products and technologies.

8. Google

• Headquarters: Mountain View, California, USA
• No. of employees: Tens of thousands in India (exact numbers not publicly disclosed)
• Website: careers.google.com/locations/india
• Average Salary: ₹25 – ₹70+ LPA for engineering roles, highly dependent on experience and role.

The Indian presence of Google is huge, and it has major product development hubs in Hyderabad, Bengaluru, and Gurugram. Indian teams work on an immense range of Google iconic products, such as Search, Android, Google Cloud, Chrome, Maps, Ads, YouTube, and Google Pay. Indian engineers are engaged in core product features, core platform infrastructure, AI/ML innovations, and local solutions to the Indian market.

Employing in Google allows one to be in a company that sets the future of technology, the accessibility to the latest research, enormous scale infrastructure, and a culture of innovation. It presents the chance to work on complicated, worldwide issues and create products that billions of people use. The job here is frequently on the border of innovative computer science and user experience and it is about what can be done.

9. Microsoft

• Headquarters: Redmond, Washington, USA
• No. of employees: Tens of thousands in India (exact numbers not publicly disclosed)
• Website: careers.microsoft.com/v2/global/en/india.html
• Average Salary: ₹20 – ₹60+ LPA for engineering roles, highly dependent on experience and role.

Microsoft has a significant and long history in India with significant development centres in Hyderabad, Bengaluru,Noida and other cities. They are essential to the creation of most of the main Microsoft products, such as Azure (their cloud computing service), Windows, Office 365, Teams, Dynamics 365, and AI/ML projects. In India, teams are involved in product design, engineering, testing, and research in many areas.

Employment at Microsoft presents an opportunity to create business-level software and cloud services that drive businesses and individuals around the world. It is a place with a great technical talent, solid engineering problems, and the possibility to work on highly scalable and impactful products with a variety of technology stacks. It is one of the best product based companies in India. This is centered on innovation, dependability and provision of solutions to a worldwide customer base.

10. Amazon

• Headquarters: Seattle, Washington, USA
• No. of employees: Over 100,000 in India across various operations, significant portion in tech
• Website: www.amazon.jobs/en/locations/india
• Average Salary: ₹15 – ₹50+ LPA for engineering roles, highly dependent on experience and role.

Amazon has a huge presence in India, including e-commerce business, Amazon Web Services (AWS) cloud business, and many product development centers. Indian teams are part of global products such as Amazon.in (e-commerce platform), Prime Video, Kindle, Alexa, and most importantly different services under AWS. Indian engineers are engaged in scalable distributed systems, data analytics, machine learning, and customer experience improvements of both consumer and enterprise products.

Being an Amazon employee implies working on a massive scale, handling complicated engineering problems connected with performance, reliability, and security. The company has a reputation of being fast paced and customer obsessed and has a heavy focus on data driven decision making. It provides unprecedented possibilities to create and innovate on the border of e-commerce, cloud computing, and high-tech.

11. Adobe

• Headquarters: San Jose, California, USA
• No. of employees: Around 7,800+ in India
• Website: www.adobe.com/careers/en/global-locations/india.html
• Average Salary: ₹18 – ₹45+ LPA for engineering roles, highly dependent on experience and role.

Adobe is a multinational company that specializes in creative and digital experience software, and the Indian presence is a vital part of the product innovation. India is the location of major product development of flagship products such as Adobe Photoshop, Illustrator,Premiere Pro (part of Creative Cloud), and several parts of Adobe Experience Cloud (marketing, analytics, and commerce solutions). Indian teams work on product features, platform development, AI/ML integrations, and mobile application development.

As an employee at Adobe, one is involved in the development of tools that enable millions of creative professionals and businesses around the globe. It is a place where design thinking, user experience and innovative graphics and cloud technologies are appreciated. Future opportunities include the resolution of complex tasks in such fields as image processing, video editing, data analytics, and artificial intelligence, reaching the limits of digital content creation and management.

12. Salesforce

• Headquarters: San Francisco, California, USA
• No. of employees: Around 10,000+ in India
• Website: www.salesforce.com/company/careers/india
• Average Salary: ₹15 – ₹40+ LPA for engineering roles, highly dependent on experience and role.

The world leader in cloud-based customer relationship management (CRM) Salesforce has a strong and rapidly growing presence in India. They have Indian development centers that help to develop multiple core products within the Salesforce ecosystem such as Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, and platform technologies such as Apex and Visualforce. Indian engineers are involved in the development of scalable and multi-tenant cloud apps, the integration of AI capabilities (Einstein AI) and enterprise solutions development supporting enterprise customers worldwide.

Being employed at Salesforce, one gets a chance to work on a platform that shapes the interaction between businesses and their customers. It is one of the best product based companies in India. It is a culture of innovation in enterprise software, cloud computing, and customer success, which offers access to complex system design and large-scale data management in an evolving SaaS model.

13. Oracle

• Headquarters: Austin, Texas, USA
• No. of employees: Tens of thousands in India (exact numbers not publicly disclosed)
• Website: www.oracle.com/in/corporate/careers/
• Average Salary: ₹12 – ₹35+ LPA for engineering roles, highly dependent on experience and role.

Oracle is a multinational technology company with a wide variety of enterprise software products such as databases,cloud infrastructure (Oracle Cloud Infrastructure – OCI), enterprise resource planning (ERP), customer relationship management (CRM), and supply chain management (SCM) software. India is an important centre of global product development and support of Oracle.

Indian teams play an important role in core database technologies, development of a broad range of cloud services in OCI, and improvement of enterprise applications. Employment in Oracle gives a chance to work on mission-critical systems and core technologies that drive businesses across the globe. It is a place that concentrates on sound engineering, performance tuning, and the creation of highly reliable, secure, and scalable software solutions to large enterprises in a variety of industries.

14. Cisco

• Headquarters: San Jose, California, USA
• No. of employees: Around 10,000+ in India
• Website: https://www.cisco.com/c/en/us/about/careers/we-are-cisco.html
• Average Salary: ₹15 – ₹35+ LPA for engineering roles, highly dependent on experience and role.

Cisco is a multinational company specializing in networking equipment, software and telecommunications. Its global product development strategy revolves around its India operations, especially the Bengaluru R&D center. Indian teams are involved in leading technologies in networking, security, collaboration (Webex), data centers and the Internet of Things (IoT).

Indian engineers are involved in designing, creating and testing the hardware and software that have become the backbone of the world in terms of communication and transfer of data. Cisco is a company that is engaged in the development of very complex and critical infrastructure products that make the digital world possible. It is one of the best product based companies in India. It is a culture of strong engineering, network protocols, cybersecurity and the creation of new solutions to the enterprise and service provider markets, with rich technical challenges in an ever-changing field.

Top Product-Based Startups to Watch

15. Postman

• Headquarters: San Francisco, USA (founded in Bengaluru, India, with strong Indian presence)
• No. of employees: Around 1,000+ globally (significant presence in India)
• Website: www.postman.com
• Average Salary: ₹12 – ₹28 LPA, varying by role and experience.

Postman is one of the most popular API tools that help to streamline all the stages of the API life cycle, including designing, development, testing, and documentation. It began as a side project in Bengaluru, but has become a global standard of API development, with millions of developers and thousands of companies all over the world using it. Postman offers a team-based API development, management, and consumption experience.

The opportunity to work at Postman is an opportunity to work on a developer-first product that is core to the future of software development. You will be developing tools that make developer work more efficient, make API development processes more efficient, and create a platform that supports a worldwide developer community. It is an active space in which you can work with the latest API technologies and developer tools.

16. BrowserStack

• Headquarters: Mumbai, India (with global offices)
• No. of employees: Around 1,200+ globally (as of early 2025)
• Website: www.browserstack.com
• Average Salary: ₹15 – ₹25 LPA for software engineers, varying by experience.

BrowserStack is one of the most popular cloud-web and mobile testing platforms enabling developers and QA teams to test their websites and mobile applications on thousands of real browsers and devices. It removes the costly in-house labs and gives immediate access to a wide range of testing environments. The mission of BrowserStack is testing simplification and the provision of a smooth user experience on all digital platforms.

At BrowserStack, you get to work on a cloud infrastructure of immense scale that can support continuous testing to the developer community across the globe. You will be working on complicated issues associated with virtualization, real-time streaming, and scaling a platform that tests millions of tests per day. It is a great place to develop highly available, high-performance cloud services that are essential to quality assurance of modern software.

17. Cred

• Headquarters: Bengaluru, India
• No. of employees: Around 1,000+
• Website: cred.club
• Average Salary: ₹15 – ₹35 LPA, highly dependent on role and experience.

Cred is a fintech firm that offers users rewards when they pay their credit card bills in time. It was established by Kunal Shah and has quickly become popular due to its high-quality user experience, exclusive rewards, and handpicked financial products. In addition to credit card payments, Cred has ventured into other services such as personal loans, rent payments, and e-commerce, focusing on creditworthy people.

At Cred, you will have the opportunity to create very interactive and safe fintech products that create new experiences in the financial world with very sophisticated users. You will be developing mobile-first apps and will utilize data science and machine learning to personalize it, and you will create beautiful user interfaces.It is one of the best product based companies in India. It is a high-velocity, design-based setting that challenges consumer fintech limits with a keen focus on consumer delights and innovation.

18. Groww

• Headquarters: Bengaluru, India
• No. of employees: Around 1,000+
• Website: groww.in
• Average Salary: ₹10 – ₹25 LPA, varying by role and experience.

Groww is a fast-growing investment platform that targets to make investing easy to retail investors in India. It is an easy-to-use and smooth platform to invest in mutual funds, stocks, digital gold, and fixed deposits. Groww aims at democratizing investing and making it transparent to all, particularly to first-time investors. Being a part of Groww entails developing user-friendly financial products that enable millions of people to take care of their investments online.

You will be working with real time market data, regulatory compliance, secure transaction processing and developing scalable platforms that can support a large user base. Working in the wealth-tech sector and creating a solution that simplifies complex financial terms and makes it easy to comprehend and take action is a thrilling prospect and will help India achieve financial literacy and inclusion.

19. Chargebee

• Headquarters: Chennai, India (with global offices)
• No. of employees: Around 1,000+ globally (significant presence in India)
• Website: www.chargebee.com
• Average Salary: ₹18 – ₹27 LPA for software engineers, varying by experience.

Chargebee is a top subscription billing and revenue management software of SaaS and subscription businesses. It assists businesses to automate recurring billing, invoices, payments, and subscription lifecycle management. Chargebee takes the complexity out of the subscription economy by helping companies convert trials, upgrade and cancel subscriptions.

You will work on the creation of very robust and secure systems of financial transactions, integration with different payment gateways, complex pricing models, and informative analytics to grow business. It is a chance to work on an advanced B2B SaaS product that lies at the core of the exploding subscription economy, addressing the complicated issues of revenue recognition and recurring billing.

Salary Trends in Product-Based Companies

Compensation is one of the most appealing things about working in product based companies in India. As a rule,salaries are much higher than in service-based companies, particularly in the category of engineering, product management, and design.

• Competitive Base Salaries: Product firms pay competitive base salaries, usually beginning at 6-8 LPA in good startups and rising to 15-25 LPA in the case of experienced professionals and much higher (30-70+ LPA) at the best global product firms in senior positions.
• Performance-Based Bonuses: Performance-based bonuses are also common in terms of annual performance bonuses based on individual and company performance. These may be a significant addition to your total compensation.
• Stock Options (ESOPs/RSUs): This is one of the key distinctions. Employee Stock Ownership Plans (ESOPs) or Restricted Stock Units (RSUs) are provided by many product companies, especially startups and publicly traded global technology leaders. These provide the employees with a stake in the equity of the company which can be extremely profitable in case the company does well or gets listed.
• Promotions and Raises: The growth in product companies is usually accompanied by a high increase in salary and quicker advancement in the careers of high performers.
• Tiered Compensation: Salaries are all over the board depending on the stage of the company (startup vs. established giant), funding,profitability, and your particular role, experience and skills. An example is Senior Software Engineer at Google or Microsoft in India will probably earn a lot more than one at a relatively smaller, early-stage product startup.

How to Get Hired by a Product-Based Company

Getting hired in a leading product based companies in India organization is not easy, though, of course, it is possible with the proper strategy.The following are some practical suggestions:

• Establish a Good Foundation: Learn the programming language, data structures and algorithms of your choice well. These are uncompromising principles.
• Projects: Do personal projects, open source or hackathons. This demonstrates your hands on ability and enthusiasm. Ensure that your projects are on Github and well documented.
• Be a specialist (but not a specialist): Although it is good to be a specialist (e.g., frontend, backend, mobile, data science) also demonstrate an interest in learning new technologies.
• Clean up Your Resume: Customize your resume to every application. Showcase your accomplishments, influence and applicable talents. Write in the active voice and use measurable outcomes.
• Network: Use LinkedIn to connect with product company professionals, tech meetups, and online communities. Networking may lead to opportunities that you would have otherwise not gotten.
• Practice Coding Rounds: Coding is an important part of the interview process, so it is advisable to practice as much as you can on websites such as LeetCode, HackerRank,and GeeksforGeeks. Concentrate on time and space complexity of your solutions.
• System Design Interviews: System design questions are used in experienced interviews. Learn the construction of large-scale systems, the components and trade-offs.
• Behavioral Interview Preparation: Be prepared to talk about your prior experiences, how you have managed issues, worked in groups and what are your reasons to join a product company. Organisations seek cultural fit.
• Know the Company and Product: The most important thing to do before any interview is to do a thorough research about the company, its products, its news and its mission. Be prepared to explain why you would like to work there and what you can do.
• Internships are Gold: As a student, internships at product companies are the best way to open the door and get the relevant experience. A lot of internships result in full-time offers.

Challenges of Working in Product-Based Companies

Although the advantages are high, it is also nice to know that there are some possible problems:

• High Expectations: The quality, performance and innovativeness of products is usually high in product companies.There may be pressure to deliver features within a short time and without error.
• High competition: The competition to get into the best product companies is also very high, as the pay and opportunities are very good.
• Domain Specificity: You may end up being extremely expert on a product or field. This is fantastic in terms of expertise but this might also imply less exposure to a very wide breadth of technologies or even industries than some service firms.
• Risk of product failure: The success of a product is related to whether it is accepted in the market. When a product fails to perform, there is a possibility of restructuring or even layoff but this is more prevalent in small and less established start-ups.
• Fatigue/Maintenance: After a product reaches maturity, much of the effort may be devoted to maintenance, bug fixing and other small enhancements, rather than new features, which some engineers may not find as interesting as pure innovation.
• Customer-Centric Demand: This is an enjoyable experience but also can be stressful as the necessity to react to customer feedback and market shifts is constant and demands speedy shifts and adjustments.

Conclusion

Homegrown and international product based companies based in India are leading innovation and providing some of the most thrilling and fulfilling career opportunities in the tech industry. Whether it is creating financial platforms that are used by millions of people or developing innovative software that defines the digital landscape, the field of work is huge and influential. Competitive pay, sometimes with generous stock options, an emphasis on creative technology and career development, it is little wonder that these companies attract the best talent.

A job in a product-based company is definitely something you should consider in case you love to create and solve complicated tasks and see the direct results of your work in the hands of users. You can open the gates of opportunities in the vibrant product ecosystem in India by honing your technical skills, learning the tricks of product development, and strategically preparing to crack the interview. The Indian tech industry is bright and product companies are in the forefront!

FAQs

Is it harder to join a product-based company than it is to join a service-based company in India? 

For the most part, yes. Product-based companies will generally have a more rigorous hiring process by tracking their assessments towards problem solving.

Do product-based companies offer better work-life balance? 

While it is not true for all companies, product-based companies tend to create a work-life balance more often than some service companies do, because they know that creativity benefits from work-life balance and a sustainable work-life balance.  

What are the main differences in career progression potentially in product and service companies? 

In product companies, career progression typically means much more specialization, ownership of more impactful products, and potentially moving to leadership or principal engineering roles. 

Should I work for an established product company or work at a startup and help the startup grow? 

Working at an established product company is typically going to be a stable environment to grow within. Established companies tend to have more structured methods of growth and sometimes higher starting salaries.