20 Companies in Kerala to Know

Kerala not only hosts splendid beaches, but also numerous tech and finance companies.

Written by Abel Rodriguez
Published on Apr. 29, 2024
20 Companies in Kerala to Know
Photo: Shutterstock

Kerala, one of India’s smaller states, is known for its amazing beaches, remote tropical areas, and soon, its tech industry. Companies like Microsoft and IBM already have a presence in the state capital, Kochi. However, through economic and tech investments, more companies may soon set up shop in the coastal state. 

Below are some of the top tech companies already working in Kerala. 

Top Companies in Kerala to Know

  • Microsoft
  • Cognizant
  • Allianz
  • Tata Consultancy Services
  • EY
  • IBM
  • UST

 

Top Companies in Kerala

Microsoft is one of the largest technology companies in the world and is making significant contributions to artificial intelligence. The company is known for its enterprise software suite, which includes Excel, Teams and Outlook. However, it has also developed an AI platform for its internet browser. After making strategic investments in ChatGPT creator OpenAI, Microsoft launched its AI platform, Copilot.

 

Cognizant is a Fortune 500 company that provides consulting and outsourcing services. Founded in 1995, it helps clients create software, improve their cloud infrastructure and leverage artificial intelligence, among other services. Cognizant was founded in Chennai but has since expanded to Kochi, where it has built a campus capable of hosting 12,000 employees.  

 

Allianz is an insurance and asset management company that works in various countries. Despite its industry, Allianz invests heavily in its tech and created proprietary algorithms that analyze a bevy of variables to provide personalized insurance policies. 

 

Tata Consultancy Services, or TCS, is one of India’s largest employers and part of the Tata Group umbrella. TCS is the more tech-focused company in the group and offers software products for various industries. It also runs a consulting arm and partners with clients to create bespoke tech solutions.

  

EY is a consulting firm that focuses on providing professional and financial services. Known as one of the ‘big four” firms in management consulting, EY provides tax planning, accounting and compliance services to many enterprise clients. The company has a sizable presence in India and operates offices in most major cities, including Kochi.

 

IBM is one of the largest tech companies in the world, and it recently established a software lab in Kochi. IBM has played a significant role in modern computing technology, developing semiconductors, network infrastructure and several software products that businesses use daily. 

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UST is a global technology company with a presence in over 30 countries. It partners with clients and develops software and other tech to enhance operations. Some of its areas of expertise include cybersecurity, AI platforms, cloud infrastructure and app modernization. 

 

V-Guard is a hardware manufacturer with several decades of experience. Its product lineup includes everything from water purifiers to kitchen appliances and solar panel systems. In operation since the 1970s, V-Guard is skilled at product development and has various sales channels throughout India. 

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GenRobotic develops robotic systems with commercial uses. While price and weight are essential factors in exoskeletal systems, GenRobotic has nevertheless successfully developed robotics to clean sewers and industrial factories. GenRobotic began as an academic project but now counts with the backing of many of India’s top investment firms.  


 

iROID Technologies provides web development and marketing services throughout India. Using robust coding languages and a talented workforce, the company develops web and mobile apps, e-commerce platforms and data aggregators. Through its marketing arm, iROID provides SEO and email services. 

 

Blue Horizon Infotech is a software and information technology company. By working in both domains, it aims to serves clients in India and Dubai by developing bespoke IT solutions instead of the standard managed services.

 

Muthoot Finance is an Indian bank. Instead of traditional checking and savings accounts, Muthoot offers services ranging from home loans to vehicle and microloans.  Muthoot also offers gold loans, which enable people to borrow money against their gold assets. 

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IBS Software develops SaaS solutions for the aviation and hospitality industry. Its digital products provide data-driven solutions to transport cargo and simplify airline travel with features like digital boarding passes. 

 

South Indian Bank is a private-sector regional bank offering personal and commercial financial products. It provides deposit accounts, loans, investment products and business accounts. South Indian Bank has a long history and was one of the first banks to operate in Kerala. 

 

Asianet Communications is an internet provider, or ISP, popular throughout Kerala. Using satellites and telecommunication technology, Asianet provides broadband internet services and cable TV in various southern regions. 

 

Marketfeed develops fintech solutions for novice investors. Its investing platform makes stocks and other financial products approachable by providing curated strategies and automatic investments. Marketfeed is also backed by Y Combinator, a tech accelerator with a record of backing successful startups. 

 

KRED is a banking startup and former Techstars participant. It aims to make banking more accessible through financial APIs, enabling banks and other fintechs to expand their offerings to more broader populations. KRED’s products are offered on a SaaS business model and provide tech upgrades to traditional financial institutions. 

 

Tech Mahindra is an Indian consulting firm that employs a large talent pool and provides a wide range of professional services, including cloud migrations, cybersecurity and data analytics. It also provides software support for popular products like Oracle and SAP. 

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Speridian Technologies is a global IT company working with clients like H&R Block and Telus. It provides solutions across various industries while aiming to modernize and improve operations through services like app modernization or AI development. 

 

Infoblox develops IT solutions that provide performance and protection. Its SaaS products provide network, security and automation solutions and are used by Fortune 100 clients. Infoblox is based in the U.S. but has a significant presence throughout India, including an office in Kerala. 

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