Mphasis Competitors and Similar CompaniesClear all
Thoughtworks Holdings's competitors and similar companies include UST Global, iSoftStone, Hexaware Technologies and LTIMindtree.
 iSoftStone iSoftStone (also known as iSoftStone Information Technology and 软通动力信息技术（集团）股份有限公司) is a company that provides end-to-end software development, consulting services and solutions. |  Hexaware Technologies Hexaware Technologies is a company providing information technology consulting, software development, and business process management services. |  LTIMindtree LTIMindtree (formerly known as Larsen & Toubro Infotech, LTI) is a technology consulting and digital solutions company that provides information technology services. | |||
Founding Date | Founding Date 1993 | Founding Date 1998 | Founding Date 2001 | Founding Date 1990 | Founding Date 1996 |
Type | Type Public | Type Private | Type Public | Type Private | Type Public |
Tags | |||||
Locations | Locations Chicago, US HQ Melbourne, AU New Farm, AU Sydney, AU Belo Horizonte, BR Porto Alegre, BR Recife, BR see more | Locations Aliso Viejo, US HQ Brisbane City, AU Melbourne, AU Sydney, AU Sao Paulo, BR Sofia, BG Toronto, CA see more | Locations Beijing, CN HQ Chengdu, CN Dalian, CN Dalian, CN Dalian Shi, CN Foshan Shi, CN Guangzhou, CN see more | Locations Navi Mumbai, IN HQ Melbourne, AU North Sydney, AU Sydney, AU Bruxelles, BE Sao Paolo, BR Mississauga, CA see more | Locations Mumbai, IN HQ Sydney, AU Sydney, AU Bruxelles, BE Mississauga, CA Toronto, CA Shanghai, CN see more |
Employees | Employees 10,5005% decrease | Employees 39,2584% increase | Employees 90,364 | Employees 32,3442% increase | Employees 84,307 |
Valuation ($) | Valuation ($) 1.4 b | Valuation ($) N/A | Valuation ($) 9.3 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $1.1b (FY, 2023) | Revenue (est.) N/A | Revenue (est.) ¥34.9b (FY, 2025) | Revenue (est.) ₹134.3b (FY, 2025) | Revenue (est.) ₹423.1b (FY, 2026) |
Cost of goods | Cost of goods $772.8m (FY, 2023) | Cost of goods N/A | Cost of goods ¥31.2b (FY, 2025) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit $354m (FY, 2023) | Gross profit N/A | Gross profit ¥3.8b (FY, 2025) | Gross profit ₹138.2b (FY, 2025) | Gross profit ₹423.7b (FY, 2026) |
Net income | Net income ($68.7m) (FY, 2023) | Net income N/A | Net income ¥177.4m (FY, 2025) | Net income ₹13.7b (FY, 2025) | Net income ₹49.8b (FY, 2026) |
Operating ⚠ | |||||
$1m+ Enterprise Customers | $1m+ Enterprise Customers N/A | $1m+ Enterprise Customers N/A | $1m+ Enterprise Customers N/A | $1m+ Enterprise Customers 120 (Q3, 2020) | $1m+ Enterprise Customers 383 (Q4, 2023) |
$20m+ Enterprise Customers | $20m+ Enterprise Customers N/A | $20m+ Enterprise Customers N/A | $20m+ Enterprise Customers N/A | $20m+ Enterprise Customers 6 (Q3, 2020) | $20m+ Enterprise Customers 38 (Q4, 2023) |
Clients | Clients 466 (Q3, 2023) | Clients 4 (Apr, 2024) | Clients N/A | Clients N/A | Clients N/A |
Countries | Countries 18 (Q3, 2023) | Countries 30 (Apr, 2024) | Countries N/A | Countries 27 (FY, 2021) | Countries 30 (Q4, 2023) |
New Customers | New Customers N/A | New Customers N/A | New Customers N/A | New Customers 47 (FY, 2021) | New Customers 31 (Q4, 2023) |
Funding | |||||
Latest funding round | Latest funding round N/A | Latest funding round $ 250m (almost 8 years ago) | Latest funding round N/A | Latest funding round $ 67.8m (about 20 years ago) | Latest funding round N/A |
Total funding raised | Total funding raised $ 748m | Total funding raised $ 250m | Total funding raised $ 45m | Total funding raised $ 67.8m | Total funding raised $ 30m |
For sources of this data, please see the company profile
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UST Global
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LTIMindtree (formerly known as Larsen & Toubro Infotech, LTI) is a technology consulting and digital solutions company that provides information technology services.
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