Index Group
Index Group is Turkey's largest IT distributor, connecting global technology brands like HP, Lenovo, and Cisco with over 8,000 business partners across Turkey through a B2B e-commerce platform, specialized subsidiaries, and centralized logistics operations, holding 35% domestic market share.
- Company typePublic
- Founded1999
- HeadquartersKagithane
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Index Group does
Index Group (legal entity İndeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Şirketi) is Turkey's largest IT distributor, operating as a publicly listed company on Borsa İstanbul under the ticker INDEX. The group connects global technology brands — including HP, Lenovo, Canon, Epson, Cisco, HPE, IBM, Microsoft, Kingston, Western Digital, Apple, Huawei, and roughly forty other vendors — with the Turkish market through a network of more than 8,000 business partners, comprising IT resellers, technology retailers, and e-dealers. In 2025 Index became the first Turkish IT distributor to surpass $2 billion in revenue and holds an estimated 35% market share in Turkish IT distribution, a leadership position it has maintained for 25+ years.
The group's core operating infrastructure is its proprietary B2B e-commerce platform, indexgruppazar.com, which gives registered partners 24/7 ordering, real-time stock and pricing visibility, and order tracking, supported by a centralized logistics hub in Kocaeli operated through subsidiary Teklos. Revenue is generated through traditional wholesale distribution margins on more than 25,000 SKUs across computers, tablets, smartphones, printers, data storage, software, peripherals, accessories, and smart home products; pricing is not publicly listed and is provided per-partner through the platform. The group is currently modernizing its enterprise systems via an SAP S/4HANA Cloud transformation with NTT DATA (completed October 2025).
Index operates through specialized wholly-owned subsidiaries: Index A.Ş. (broadline IT distribution), Neteks (enterprise and network solutions — Cisco, HPE, IBM, Kaspersky, Teltonika), Despec (consumer electronics, smart home, gaming accessories), Datagate (telco, mobile, HTC VIVE), and Teklos (logistics), plus a 51%-owned HB Bilişim acquired in June 2024 to enter the refurbished technology vertical and the European market with a planned Germany presence. Q1 2026 net profit grew 166% year-over-year. The business model is structurally low-margin distribution with profitability driven by scale, vendor concentration bonuses, and operational leverage from the logistics and platform infrastructure.
Index Group firmographics
Firmographics- Name
- Index Group
- Legal name
- İndeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Şirketi
- Website
- https://index.com.tr
- Company type
- Public
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Index Group is Turkey's largest IT distributor, connecting global technology brands like HP, Lenovo, and Cisco with over 8,000 business partners across Turkey through a B2B e-commerce platform, specialized subsidiaries, and centralized logistics operations, holding 35% domestic market share.
- Ownership category
- akta.pro rank
Where Index Group is headquartered
LocationHeadquarters
- HQ city
- Kagithane
Offices4 records
Markets served
Index Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Technology Product Distribution: Index Group generates revenue primarily through distributing technology products from major global brands (HP, Lenovo, Canon, etc.) to resellers and business partners across Turkey. The company earns margins on the sale of computers, tablets, smartphones, printers, data storage, software, accessories, and other consumer electronics.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | B2B channel partner pricing model |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Index Group product offering
Product offeringCore offering
Index Group is Turkey's largest IT distributor, distributing more than 25,000 technology products from leading global brands (HP, Lenovo, Canon, Epson, Kingston, Huawei, ASUS, Apple, Acer, Intel, Microsoft, LG, Motorola, and others) to a network of over 8,000 business partners across Turkey. The company operates a proprietary B2B e-commerce platform (indexgruppazar.com) that enables 24/7 ordering, real-time stock and pricing access, and order tracking, supported by its own logistics infrastructure (Teklos).
Differentiator
Problem solved
Functional benefit
Products and services
- Technology Distribution Services
- Index Grup E-Commerce Platform (indexgruppazar.com)
- TEKLOS Logistics Services
- Refurbished Technology Distribution (HB Bilişim)
Quantifiable outcome
- 35% market share in Turkish IT distribution sector
- +2 more outcomes
Companies that use Index Group
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Index Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Index Group partnerships and signals
Strategic signalPartnerships
46 partnerships are on record, tiered strategic, core and minor.
- NTT DATAstrategicIndex Grup completed SAP S/4HANA Cloud transformation in collaboration with NTT DATA, modernizing their enterprise systems.
- HuaweicoreStrategic business collaboration announced in August 2025 between Huawei and İndeks Bilgisayar for distribution of Huawei products in Turkey.
- Teltonika NetworkscoreNetex AŞ became the distributor of Teltonika Networks products in Turkey.
- KasperskycoreNetex AŞ became the distributor of Kaspersky's enterprise cybersecurity solutions in Turkey.
- HB Bilişim A.S.coreIndex Group acquired a 51% stake in HB Bilişim A.S. for approximately $23.2 million. The acquisition aims to expand in the refurbished technology market, targeting significant growth and entry into the European market, including plans to establish a presence in Germany.
- HPcoreHP is one of Index Group's key vendor partners. Index AŞ has been recognized as HP's highest turnover distributor for 9 consecutive years and received the highest growing distributor award. Index distributes HP products including computers, printers, and HP Poly solutions.
- LenovocoreLenovo is a major vendor partner. Index AŞ and Netex AŞ have received multiple awards from Lenovo including Distributor of the Year. Index distributes Lenovo computers, tablets, and enterprise solutions.
- CanoncoreCanon is a key brand partner for printers and imaging products. Index Bilgisayar has received major awards from Canon.
- EpsoncoreEpson is a brand partner for printers. Index was awarded Epson's 'Stars of 2023' Broadline Distributor of the Year award.
- KingstoncoreKingston is a key vendor partner for data storage products including memory cards and USB drives.
- HuaweicoreHuawei and İndeks Bilgisayar announced a strategic business partnership in August 2025. Index distributes Huawei products in Turkey.
- Western DigitalcoreWestern Digital (SanDisk) is a brand partner for data storage solutions. Index received Western Digital's 'Highest Growth Partner' award for 2024.
- CiscocoreNetex AŞ serves as Cisco distributor and received Cisco's 'Distributor of the Year 2025' award. Netex also organized Cisco Anatolian Business Partners activities.
- i-PROcoreIndex distributes i-PRO surveillance cameras in Turkey as the authorized distributor.
- GoveecoreDespec AŞ distributes Govee smart home lighting products and received 'Best Distributor of the Year' awards in both 2024 and 2025.
- HoneywellcoreNetex AŞ received Honeywell's 'Meta Region Distributor of the Year' award. Despec AŞ also distributes Honeywell Connection products.
- HPE (Hewlett Packard Enterprise)coreNetex AŞ distributes HPE products and received recognition including Honorary Award and Highest Turnover Distributor awards.
- HP PolycoreIndex Bilgisayar became the distributor of HP Poly products (audio and video conferencing solutions) in Turkey.
- IBMcoreNetex AŞ received IBM's 'Revenue Leader Distributor of the Year 2023' award.
- Micro FocuscoreNetex AŞ was awarded 'Distributor of the Year' by Micro Focus.
- OpenTextcoreNetex AŞ received 'Distributor of the Year' award from OpenText.
- LegrandcoreNetex AŞ is the distributor of Legrand solutions and received the '2022 Success Award'.
- KTCcoreIndex Bilgisayar became the Turkish distributor of KTC products (monitors and displays).
- HonorcoreDespec AŞ brings Honor products to Turkey as the authorized distributor. Index announced partnership with Honor as a technology innovator.
- AristacoreNetex AŞ distributes Arista network products and expanded distribution to Kyrgyzstan.
- HikvisioncoreDespec AŞ distributes Hikvision security products including smart storage solutions. Received multiple distributor awards.
- Philips HuecoreDespec AŞ distributes Philips Hue smart lighting products.
- AqaracoreDespec AŞ distributes Aqara smart home solutions.
- SteelSeriescoreDespec AŞ distributes SteelSeries gaming products including Nova 4 Series headphones.
- NanoleafcoreDespec AŞ is the sole authorized distributor of Nanoleaf decorative lighting products in Turkey.
- VodafonecoreDatagate has a Vodafone distributor agreement (approved by the Competition Board) for Turkey.
- VertivcoreNeteks Teknoloji is the authorized distributor of Vertiv solutions.
- InfovistacoreNeteks Teknoloji is the authorized distributor of Infovista solutions.
- NetatmocoreIndex Bilgisayar distributes Netatmo smart home products.
- 1MorecoreDespec AŞ distributes internationally awarded 1More headphones in Turkey.
- GloriouscoreDespec AŞ is the sole authorized distributor of Glorious gaming products in Turkey.
- ColorfulcoreDespec AŞ is the sole authorized distributor of Colorful products in Turkey.
- HTC VIVEcoreDatagate is the authorized distributor of HTC VIVE products in Turkey.
- BaseuscoreDespec AŞ is the distributor of Baseus products and received 'MEA Region 2025 Best Partner' award.
- iFLYTEKcoreiFLYTEK smart translator products are now available in Turkey through Index distribution.
- CudycoreNew partnership established in February 2025 for Cudy networking products distribution.
- DatagatecoreDatagate is a subsidiary company within Index Grup that distributes mobile accessories and related products.
- Netex (Neteks Teknoloji)coreNetex AŞ is a subsidiary company within Index Grup that specializes in enterprise and network solutions distribution.
- DespeccoreDespec AŞ is a subsidiary company within Index Grup focusing on smart home, accessories, and emerging technology brands.
- TEKLOScoreTeklos AŞ is the logistics subsidiary handling warehousing and distribution operations for Index Grup companies.
- MediaMarktminorIndex Grup is a corporate partner in MediaMarkt Startup Challenge Competition.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
Index Group competitors and assessment
Company assessmentDirect peers
- Westcoast: Westcoast is the UK's largest independent IT distributor, distributing PCs, mobile, print, and networking products to resellers. Closely comparable mid-cap broadline distributor with similar vendor and channel dynamics.
- Exclusive Networks: Exclusive Networks is a global cybersecurity-focused IT distributor with strong EMEA presence. Comparable as a specialized Value-Add Distributor model and overlap with Index's enterprise and networking distribution (Cisco, Kaspersky, Fortinet partners).
- ALSO Group: ALSO is a pan-European IT distributor operating in 30+ countries with a similar broadline distribution model serving resellers with PCs, peripherals, software, and cloud services. Highly comparable business model to Index's, and serves as the most relevant European benchmark.
- Penta Teknoloji: Penta Teknoloji is a major Turkish IT distributor distributing computers, networking, and enterprise products through a similar channel partner model. Competes directly with Index for vendor authorizations and Turkish reseller share.
- Esprinet: Esprinet is a leading IT distributor in Italy and the Iberian Peninsula, distributing technology products to resellers and retailers. Comparable mid-sized European broadline distributor with similar vendor mix and channel model to Index Group.
- Redington: Redington is an IT distributor with deep presence across India, the Middle East, and Africa, distributing smartphones, IT hardware, and enterprise products through channel partners. Comparable emerging-markets broadline distribution business with similar vendor partnerships.
- Armada Bilgisayar: Armada Bilgisayar is one of the largest competing IT distributors in Turkey, distributing similar categories of computers, peripherals, and enterprise technology to a comparable reseller and enterprise customer base. It is the closest domestic competitor to Index Group.
Broad incumbents
- Ingram Micro: Ingram Micro is the world's largest IT distributor, offering a much broader global footprint and deeper vendor portfolio than Index. Not a direct country-level competitor, but the global benchmark for the broadline IT distribution business model Index operates.
- TD SYNNEX: TD SYNNEX is a global IT distribution leader formed by the merger of Tech Data and SYNNEX, distributing IT products and services worldwide. Operates at vastly greater scale than Index but represents the upper-bound business model and capital-markets benchmark.
- Arrow Electronics: Arrow Electronics is a major global value-added IT distributor with a strong enterprise and components portfolio. Comparable business model for enterprise distribution (overlapping with Neteks/Netex) and a benchmark for value-added distribution economics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Index Group social profiles
Digital presenceIndex Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Index Group leadership team
Management profileNumber of profiles
Profiles14 records
Index Group subsidiaries and ownership
Company hierarchySubsidiaries5 records
Index Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Index Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Index Group
What does Index Group do?
Index Group is Turkey's largest IT distributor, distributing more than 25,000 technology products from leading global brands (HP, Lenovo, Canon, Epson, Kingston, Huawei, ASUS, Apple, Acer, Intel, Microsoft, LG, Motorola, and others) to a network of over 8,000 business partners across Turkey. The company operates a proprietary B2B e-commerce platform (indexgruppazar.com) that enables 24/7 ordering, real-time stock and pricing access, and order tracking, supported by its own logistics infrastructure (Teklos).
Is Index Group a public or private company?
Index Group is a public company. It is classified as public and is currently operating.
When was Index Group founded?
Index Group was founded in 1999. It employs 501 to 1,000 people.
Where is Index Group based?
Index Group is headquartered in Kagithane.
How does Index Group make money?
One revenue line is on record: technology Product Distribution.
Who are Index Group's main competitors?
Direct peers on record are Westcoast, Exclusive Networks, ALSO Group, Penta Teknoloji, Esprinet, Redington and Armada Bilgisayar. Broad incumbents are Ingram Micro, TD SYNNEX and Arrow Electronics.
Does Index Group have an API?
No public API is recorded for Index Group.