October 3, 2022

Top Product Based Companies in Chennai

India has consistently demonstrated its ability as one of the world’s leading IT behemoths. Major IT centres in India are magnets for domestic and multinational companies delivering unique product-based solutions globally.

Among these IT centres, Chennai is quickly establishing itself as a promising hotspot for product-based enterprises in the country. Many chennai product-based companies have already put themselves on the map for bringing innovative and valuable software solutions.

So, today we are here with a list of the top Product Based Companies in Chennai that are changing the very nature of their respective industries.

Top Product Based Companies in Chennai

The following are the top Product Based Companies in Chennai:

1. Intuit

Intuit Inc. is a financial software business headquartered in the United States. Scott Cook and Tom Proulx established the business in 1983.

Intuit has more than $5 billion in annual turnover and a market valuation of almost $50 billion as of May 2018. Intuit has aggressively lobbied against the IRS offering free pre-filled forms to taxpayers, as is the standard in advanced economies.

2. VMware

VMware, Inc. is a cloud computing and virtual machines enterprise based in the United States. VMware became the first commercially successful company to virtualize the x86 architecture.

Broadcom Inc. confirmed an agreement to purchase VMware in a cash-and-stock acquisition estimated at $61 billion in May 2022.

3. Amazon

Amazon.com, Inc. is a tech corporation based in the United States. Jeff Bezos launched Amazon in his garage in Bellevue, Washington. It began as an online bookstore and has now evolved into a wide range of product categories.

It is one of the most profitable companies on the planet in terms of revenue, with a near monopoly in certain segments.

4. Amdocs

Amdocs is an Israeli-based multinational corporation. The company started as an extension of Golden Pages, an Israeli phone directory business controlled by the Aurec Group, which was managed by Morris Kahn.

Amdocs began its journey toward expansion, first towards landline telephony and later into cellular.

5. Hewlett-Packard (HP)

The Hewlett-Packard Company, abbreviated Hewlett-Packard or HP, was an American multinational information technology corporation. Bill Hewlett and David Packard launched the business in a one-car garage in Palo Alto, originally producing electronics testing and measuring instruments.

In 1938, the business received its first major contract to supply test and measuring equipment for Walt Disney’s production.

6. Adobe

Adobe Inc., formerly known as Adobe Systems Incorporated, is a multinational computer software corporation based in the United States. John Warnock founded the business in his garage.

Steve Jobs’ investment in 1982 made Adobe the first company in Silicon Valley history to become commercially viable in its first year.

7. Cisco

Cisco Systems, Inc., or simply Cisco, is a forefront of science and technology conglomerate headquartered in the United States. Leonard Bosack and Sandy Lerner, two Stanford University computer scientists, formed Cisco Systems in December 1984.

Cisco is one of the world’s top tech businesses, number 74 on the Fortune 100 and generating over $51 billion in revenue.

8. Informatica

Informatica is a software development business based in the United States. Gaurav Dhillon and Diaz Nesamoney co-founded it. Its primary solutions are Enterprise Cloud Data Management and Data Integration.

Its stocks were listed on the NASDAQ stock exchange in 1999 as part of its first public offering.

9. McAfee

McAfee Corp. is a multinational computer security software company based in the United States. McAfee Associates, named after its founder John McAfee.

McAfee mainly creates digital-security software for desktop computers, servers, and, more lately, mobile platforms. In February 2011, Intel acquired the business, which became a part of the Intel Security division.

10. Flipkart

Flipkart is an Indian e-commercecompany registered as a private limited company in Singapore. Flipkart was established by Sachin and Binny Bansal, both IIT Delhi graduates, and former Amazon workers.

In August 2018, American retail giant Walmart committed US$16 billion for a 77% majority ownership in Flipkart, placing the company at approximately US$20 billion.

11. Walmart

Walmart Inc. is a multinational retail business based in the United States that manages a network of hypermarkets, discount department stores, and grocery shops. In India, the company is known as Flipkart Wholesale.

Based on the Fortune Global 500, Walmart is the world’s largest corporation by revenue, with around US$570 billion in yearly revenue. Walmart operates 10,585 shops and centers in 24 countries as of July 31, 2022.

12. PayPal

PayPal is a multinational financial technology company based in America. They provide online money transactions framework and services as well as payment gateways for vendors, common users, auction sites, and e-commerce platforms.

Initially established as Confinity, PayPal was later acquired by eBay post-IPO and finally made itself a separate company in its current form in 2015. It was ranked 143 in the Fortune 500 list in 2022, given PayPal’s revenue of 27.52 billion USD.

13. Zoho

Zoho Corporation is an Indian software development company. The company was founded in 1996 by Sridhar Vembu and Tony Thomas. They provide a suite of web-based business tools and information technology solutions for small and medium-sized enterprises (SMEs)

It has since grown to become a global player with over 60 million users across 180 countries.

14. Chargebee

Chargebee is an Indian multinational subscription, recurring payment, and billing management software company based out of Chennai. It was established by Krish Subramanian, Rajaraman Santhanam, Saravanan KP, and Thiyagarajan T in 2011.

It helps various SaaS and subscription-based businesses manage their revenue and maintain invoicing, email prompts, accounting, and taxation.

15. Freshworks

Freshworks is a cloud-based software company that provides customer engagement and business management solutions to businesses of all sizes. Founded in 2010 by Girish Mathrubootham and Shan Krishnasamy, the company is headquartered in San Mateo, California, and has offices in India, the UK, Australia, and Germany.

The company has over 50,000 customers globally, including Honda, Hugo Boss, Toshiba, and Cisco, and has raised over $400 million in funding to date.

Final Words

The Top product-based companies in Chennai offer great job opportunities for upcoming IT professionals. Some of them are already established product- based companies, while some others are in a strategic position in the world map.

So, if you have any comments or queries, kindly share them in the comments section.

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