Mastek
Mastek Ltd. is a publicly listed Indian IT services firm delivering AI-first digital, cloud, and Oracle/Salesforce transformation to enterprise and public-sector clients across 40 countries. It operates through professional services, managed services, and proprietary AI platforms built around its ADOPT AI methodology.
- Company typePublic
- Founded1982
- HeadquartersMumbai, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Mastek does
Mastek Ltd. is a publicly listed Indian IT services and consulting company, founded in 1982 and headquartered in Mumbai, that delivers enterprise digital, cloud, and AI transformation across 40 countries. It serves primarily large organizations in the Public Sector & Government, Healthcare & Life Sciences, Retail & Consumer, Financial Services, and Manufacturing & Technology verticals, with anchor engagements for UK government bodies including the Home Office and the Financial Conduct Authority.
The company's core technology stack is built around an AI-first delivery ecosystem: the proprietary ADOPT AI methodology, the Mastek AI Platform powered by OpenAna (an autonomous software engineering platform with Gen AI agents for software, security, DevOps/SRE, and AI/ML), the OPS.AI managed services framework, the Galaxy Suite accelerators (including DeployGini for code conversion and risk assessment), and a portfolio of Oracle-native AI agents (Fusion Assisto, CookCraft AI, Contract Genius, OnBoardWiz, PayClock GENius) listed on Oracle's AI Agent Studio Marketplace. Service lines span Digital Engineering & Experience, Data and AI Services, Oracle Cloud and Salesforce implementation, Managed Services, and Cybersecurity, supported by Summit-level partnerships with Salesforce and Oracle, AWS Well-Architected status, and Microsoft, Snowflake, Databricks, UiPath, ServiceNow, and NVIDIA alliances.
Mastek generates revenue primarily through professional services (time-and-materials and fixed-price contracts), recurring managed services engagements, and an emerging subscription/licensing stream from its proprietary platforms and AI agents. Go-to-market is sales-led with dedicated enterprise field sales, strategic account management, and partner co-sell motions; distribution is complemented by UK and US regional headquarters (London, Leeds, Arizona, Boston) following the MST Solutions (2022) and BizAnalytica (2025) acquisitions. FY26 consolidated revenue was Rs 36.99 billion (~$440M) with Rs 28,492M of 12-month order backlog growing 13.6% in USD terms, and 85+ new AI deals added during the year.
Mastek firmographics
Firmographics- Name
- Mastek
- Legal name
- Mastek Ltd.
- Website
- https://mastek.com
- Company type
- Public
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Mastek Ltd. is a publicly listed Indian IT services firm delivering AI-first digital, cloud, and Oracle/Salesforce transformation to enterprise and public-sector clients across 40 countries. It operates through professional services, managed services, and proprietary AI platforms built around its ADOPT AI methodology.
- Ownership category
- akta.pro rank
Mastek industry classification
Industry- Product category
- Enterprise IT Services
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Digital Development & ICT4D / GovTech Technical Assistance (BPADAEAL)
- akta.pro secondary industry
- Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC) (BPAEAIAF)
Keywords
Where Mastek is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices6 records
Markets served
Mastek business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- IT Services and Consulting: Professional services revenue from digital transformation consulting, system implementation, and technology advisory. Primarily time-and-materials or fixed-price contracts with enterprise clients across multiple year engagements. Revenue recognized over time as services are delivered.
- Managed Services: Recurring revenue from ongoing managed services contracts providing cloud management, application support, and AI-powered operations. Generates predictable recurring revenue with multi-year contract terms and annual renewals.
- Platform and Product Licensing: Revenue from proprietary platforms including Mastek AI Platform, Galaxy Suite accelerators, and industry-specific solutions. Includes licensing of software products and platform access fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise engagement pricing varies by project scope and service type |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Mastek product offering
Product offeringCore offering
Mastek fundamentally provides enterprise AI, digital, and cloud transformation services to large organizations in government, healthcare, financial services, and retail sectors. Its offerings combine IT consulting and system implementation with proprietary platforms (Mastek AI Platform powered by OpenAna, ADOPT AI, OPS.AI, Galaxy Suite accelerators) and AI-native managed services for Oracle, Salesforce, and cloud environments across 40 countries.
Product overview
Mastek is an enterprise AI, digital, and cloud transformation services company operating across 40 countries. The company offers a platform-plus-services architecture built around its proprietary Mastek AI ecosystem, which includes the AI Platform powered by OpenAna (autonomous software engineering), the ADOPT AI methodology for responsible AI adoption, and the OPS.AI framework for AI-native managed services. The product portfolio comprises AI-powered platforms (Mastek AI Platform, SQL Next AI, Lightbeam AI) and industry solutions (icxPro, iLeaseFinPro, Warehouse 360, Enterprise Workforce Scheduler, Connected Enterprise, Innovation Lab-aaS, Hospital in a Box). Services span Digital Engineering & Experience, Data and AI Services, Oracle Cloud, Salesforce, Managed Services, and Cybersecurity across Public Sector, Healthcare, Life Sciences, Retail, Manufacturing, and Financial Services verticals. Mastek holds strategic partnerships with Oracle (Summit Partner), Salesforce (Summit Partner), AWS (Well-Architected Partner), Microsoft, Snowflake (Premier Partner), UiPath, ServiceNow, NVIDIA, Databricks, and OpenAna.
Differentiator
Problem solved
Functional benefit
Brands
- ADOPT AI: Mastek's proprietary AI methodology designed to fast-track responsible and scalable AI adoption across business, technology, and data stacks.
- Mastek AI
- OPS.AI
- OpenAna
- Galaxy Suite
- AI Amigo
- AI Enabler
- Mastek Prompt Foundry
- DeployGini
Products and services
- Mastek AI Platform powered by OpenAna Enterprise-grade autonomous software engineering platform powered by Gen AI-enabled agents for software, security, DevOps/SRE, and AI/ML, structured through Mastek's ADOPT AI methodology to accelerate software delivery, enhance quality, and reduce risk.
- OPS.AI Framework AI-powered managed services framework combining ADOPT AI methodology with Gen AI capabilities to transform enterprise support; automates workflows, eliminates silos, and delivers smarter managed services through ticket automation, intelligent incident management, and proactive monitoring.
- SQL Next AI AI-powered data analytics and query assistance platform for enterprise data operations.
- Lightbeam AI AI-powered data cloud and intelligence platform for enterprise data modernization and analytics.
- icxPro Enterprise asset management and tracking solution within Mastek's Platforms & Innovation portfolio.
- iLeaseFinPro Vehicle Leasing Software Comprehensive vehicle leasing management software covering lease origination, fleet management, and end-of-lease operations.
- Warehouse 360 Warehouse management and analytics platform for inventory optimization and operational intelligence.
- Enterprise Workforce Scheduler Workforce optimization solution for intelligent scheduling and resource allocation.
- Connected Enterprise Enterprise integration platform enabling connected business processes across systems and applications.
- Innovation Lab-aaS Innovation-as-a-Service offering providing access to emerging technologies, prototyping, and proof-of-concept development.
- Hospital in a Box Oracle Healthcare ERP platform for hospitals providing integrated healthcare management solutions.
- Digital Engineering & Experience Services End-to-end digital engineering services covering cloud migration, cloud engineering, low code development, DevSecOps, quality engineering, MACH architecture, platform engineering, digital experience, digital commerce, and enterprise integration.
- Data and AI Services Data platforms, governance, and AI acceleration services including cloud data modernization, data engineering, AI-led data managed services, and AI/ML/data insights solutions powered by Galaxy Suite accelerators.
- Oracle Cloud Services Oracle implementation, modernization, and managed services including Oracle Cloud Applications, Glide 4.0, Oracle E-Business Suite migration, Oracle Consulting, AdvantEdge IaaS, SAP to Cloud Migration, PeopleSoft to Cloud Migration, Oracle Analytics Cloud, Oracle Cloud Infrastructure, Oracle Autonomous Data Warehouse, and Value Based Analytics.
- Salesforce Services Salesforce consulting, build and run services covering Sales Cloud, Service Cloud, Experience Cloud, Marketing Cloud, Commerce Cloud, Industry Cloud, MuleSoft integration, Data Cloud, and Agentforce AI-powered solutions.
- AI-Native Managed Services Managed services for Oracle, Salesforce, Digital and Data platforms; includes the OPS.AI framework for Gen AI-powered service management with automated ticket handling, proactive monitoring, and intelligent incident management.
- Cybersecurity Services AI-led cybersecurity services with faster, smarter response capabilities for enterprise security transformation.
Quantifiable outcome
- 30%+ acceleration in modernization timeline
- +9 more outcomes
Companies that use Mastek
Customer profileNamed customers14 records
Segments6 records
Ideal customer profiles4 records
Mastek technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
AI capability13 records
Feature7 records
Mastek partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and strategic.
- OraclecoreOracle Partner Network member providing Oracle Cloud implementation, modernization, and managed services. Certified Oracle AI partner with specialized practices for Fusion Applications, HCM, SCM, and CX. Offers AI agents for Oracle Cloud through Oracle AI Agent Studio Marketplace.
- SalesforcecoreSalesforce Summit Partner with 1,000+ certified experts and 250+ successful global implementations. Specialized in Sales Cloud, Service Cloud, Experience Cloud, Marketing Cloud, and Agentforce implementations with AI-powered solutions.
- AWScoreAWS Partner with Well-Architected Partner Status. Provides cloud migration, data modernization, and AI solutions on AWS infrastructure with specialized competencies in cloud-native development.
- MicrosoftcoreMicrosoft partner providing Azure AI, Copilot, and cloud solutions. Specialized in AI-powered enterprise transformation using Microsoft technology stack including Azure OpenAI, Microsoft 365, and Dynamics.
- SnowflakestrategicSnowflake Premier Partner providing data cloud modernization and analytics solutions. Specializes in Snowflake Data Cloud implementation, migration, and AI-enabled data engineering.
- UiPathstrategicUiPath partner with Services Network (USN) status providing RPA and intelligent automation solutions combined with AI capabilities for enterprise process automation.
- ServiceNowstrategicServiceNow partner providing ITSM integration and automation solutions. Combines ServiceNow platform with Mastek AI for intelligent service desk and managed services.
- NVIDIAstrategicNVIDIA partner bringing GPU-accelerated AI capabilities and solutions for enterprise customers. Enables advanced AI/ML and generative AI implementations.
- OpenAnastrategicPartner ecosystem powering Mastek AI Platform with autonomous engineering agents. OpenAna provides the core AI agent infrastructure for the Autonomous Software Engineer Platform.
- DatabricksstrategicDatabricks partner recognized as innovative Genie partner providing data lakehouse and AI platform implementations.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Mastek competitors and assessment
Company assessmentDirect peers
- Persistent Systems: Mid-cap Indian IT services firm with comparable revenue scale (~$1B+), similar focus on digital engineering, cloud, data/AI services, and Salesforce/Oracle partnerships. Operates in BFSI, healthcare, and tech verticals with comparable delivery model.
- LTIMindtree: Mid-to-large Indian IT services company formed from L&T Infotech and Mindtree merger, offering digital transformation, cloud, and AI services with comparable vertical mix in BFSI, healthcare, and retail. Comparable revenue scale (~$4B) and similar enterprise IT services model.
- Zensar Technologies: Mid-cap Indian IT services firm specializing in digital transformation, cloud, data/AI, and Oracle/Salesforce implementations. Comparable size and footprint, and reportedly in discussions to acquire a stake in Mastek.
- Birlasoft: Mid-cap Indian IT services company focused on digital transformation, cloud, and ERP modernization across manufacturing, BFSI and healthcare. Comparable revenue scale and similar enterprise services model.
- Cyient: Indian IT services and engineering company offering digital, design-led and AI-driven solutions across manufacturing, aerospace, and healthcare. Comparable mid-cap scale with similar digital engineering positioning.
- Coforge: Mid-cap Indian IT services firm focused on digital transformation, cloud, data, and AI-led services across BFSI, healthcare, travel, and manufacturing. Comparable revenue size and similar AI-first delivery positioning.
Broad incumbents
- Infosys: Large-cap Indian IT services leader offering digital transformation, cloud, AI, and managed services globally across BFSI, healthcare, retail, and public sector. Overlaps with Mastek in digital engineering and Oracle/Salesforce implementations but operates at much larger scale.
- Wipro: Large-cap Indian IT services firm with comprehensive digital transformation, cloud, AI, and cybersecurity offerings. Competes with Mastek in enterprise services, Oracle/Salesforce practices, and UK public sector engagements.
- Tech Mahindra: Large Indian IT services company with strong presence in digital transformation, Oracle/Salesforce, and BFSI/retail verticals. Comparable vertical mix to Mastek with significantly larger scale.
- Capgemini: Global IT services leader with major UK public sector footprint and competing bids for Home Office and FCA contracts. Overlaps with Mastek on Oracle, Salesforce and digital engineering engagements across government and regulated industries.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mastek social profiles
Digital presenceMastek compliance and trust
Trust signalCompliance15 records
Mastek financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mastek leadership team
Management profileNumber of profiles
Profiles9 records
Mastek subsidiaries and ownership
Company hierarchySubsidiaries6 records
Mastek funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mastek M&A and investment
M&A and investmentM&A5 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mastek
What does Mastek do?
Mastek fundamentally provides enterprise AI, digital, and cloud transformation services to large organizations in government, healthcare, financial services, and retail sectors. Its offerings combine IT consulting and system implementation with proprietary platforms (Mastek AI Platform powered by OpenAna, ADOPT AI, OPS.AI, Galaxy Suite accelerators) and AI-native managed services for Oracle, Salesforce, and cloud environments across 40 countries.
Is Mastek a public or private company?
Mastek is a public company. It is classified as public and is currently operating.
When was Mastek founded?
Mastek was founded in 1982. It employs 5,001 to 10,000 people.
Where is Mastek based?
Mastek is headquartered in Mumbai, India, in the Asia region.
How does Mastek make money?
Three revenue lines are on record. IT Services and Consulting is the primary driver. The others are managed Services and platform and Product Licensing.
Who are Mastek's main competitors?
Direct peers on record are Persistent Systems, LTIMindtree, Zensar Technologies, Birlasoft, Cyient and Coforge. Broad incumbents are Infosys, Wipro, Tech Mahindra and Capgemini.
Does Mastek have an API?
No public API is recorded for Mastek.
What industry is Mastek in?
Mastek's product category is Enterprise IT Services. Its primary akta.pro industry code is BPADAEAL, Digital Development & ICT4D / GovTech Technical Assistance, with a secondary code of BPAEAIAF, Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC). Its NAICS code is 54151 and its SIC code is 7371.