Artificial Intelligence

Companies whose own annual reports evidence AI exposure — building or selling AI products, not merely mentioning the trend. The tier says how real it is; the quote under each row is the proof.

Core — the theme IS a principal business todayGrowing — real operations, not yet the main businessAnnounced — committed plans or orders, little revenue yetMention-only — appears only as outlook language
Tata Consultancy Serv LTComputers - Software & ConsultingCore business₹8.33 L CrP/E 17.7 vs 20.2ROCE 53.9%

AI is the central strategic theme of TCS, with $2.3 billion in annualised AI revenue and a stated aspiration to become the world's largest AI-led technology services company.

Annualised AI Revenue (based on latest quarterly revenue) $2.3 billion

Annual Report · p. 6
+2 more quotes from the report

Leadership in AI US$2.3 billion annualised AI revenue 100% Sales and Presales Personnel trained in AI 270K Employees with higher order skills

Annual Report · p. 15

AI services partner for 130/139 clients with US$50 Mn annual turnover

Annual Report · p. 28
InfosysComputers - Software & ConsultingCore business₹4.54 L CrP/E 15.1 vs 20.2ROCE 38.6%

Infosys positions itself as an AI-first company, with its Infosys Topaz generative/agentic AI suite, 4,600+ AI projects underway, and AI delivered to 90% of its top 200 clients as a principal business driver.

Infosys is a global leader in AI-first business consulting and technology services. Over 3,25,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. As navigators of enterprise transformation, we enable businesses in 59 countries to unlock AI value at scale.

Annual Report · p. 11
+1 more quote from the report

Infosys is emerging as a leader in AI services, with AI-led programs now deployed across 90% of our top 200 clients and rapidly scaling across industries

Annual Report · p. 19
Inventurus Knowledge SO LIT Enabled ServicesCore business₹30,480 CrP/E 38.4 vs 19.8ROCE 27.7%

IKS Health develops and operationally deploys multiple AI/ML-driven products (Scribble Suite, EVE, Optimix, Q Code) as its core care-enablement platform sold to U.S. healthcare organizations.

Optimix is an intelligent revenue cycle orchestration engine powered by CLAIM—IKS Health’s embedded AI/ML solution to drive autonomous, machine-assisted workflows

Annual Report · p. 13
Affle 3IIT Enabled ServicesCore business₹24,180 CrP/E 50.5 vs 19.8ROCE 15.2%

AI and ML are not a feature but the foundational technology of Affle's core Consumer Platform business, powering personalisation, ad targeting, fraud detection and conversion optimisation across mobile, CTV and connected devices.

Affle is a global technology company enabling AI and ML driven mobile advertising solutions that power personalised recommendations, user conversions and measurable marketing outcomes for leading global brands.

Annual Report · p. 10
+1 more quote from the report

Affle AI forms the core intelligence layer that powers our business systems, product architecture and global operations.

Annual Report · p. 26
Latent View AnalyticsComputers - Software & ConsultingCore business₹5,794 CrP/E 28.1 vs 20.2ROCE 14.1%

LatentView is a pure-play analytics and AI services company that develops and operationally deploys proprietary GenAI/AI platforms (BeagleGPT, LAseR, InsightsIQ, AURA, Agentic EDM) and AI-driven solutions for Fortune 500 clients across industries as its principal business.

Our advanced analytics and AI solutions, including BeagleGPT (our GenAI-powered insights and scenario planning platform), AI-powered quality engines, geospatial AI, and conversational intelligence, forecast trends, detect anomalies, and enable faster go-to-market strategies. Used by globally leading consumer brands, and 10+ Fortune 500 companies.

Annual Report · p. 11
+2 more quotes from the report

During the year, we delivered 7 production-grade Agentic AI deployments across 3+ Fortune 500 clients, supported by a growing portfolio of proprietary accelerators and reusable enterprise assets.

Annual Report · p. 21

Agentic AI Service Providers PeMa Quadrant 2025 Leader

Annual Report · p. 36
Mobavenue AI TechSoftware ProductsCore business₹473 CrP/E 18.7 vs 19.6ROCE 30.8%

Mobavenue AI Tech is fundamentally an AI-native adtech company whose core product platforms (SurgeX, PrsmX, ResurgeX, DiscvrX, PiiX) embed proprietary machine learning, neural networks and AI-driven decisioning to deliver programmatic advertising outcomes.

Founded in 2010 as Lucent Industries Limited, an education-focused enterprise, the Company has evolved into Mobavenue AI Tech Limited, an AI-native advertising technology company redefining how digital advertising is planned, delivered and measured.

Mobavenue AI Tech Ltd - 539682 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 5
+2 more quotes from the report

The Company operates as an AI-native advertising and consumer-growth business. For the year under review, it operated in a single reportable business segment. Its offering is delivered through the proprietary GMP 360 technology stack

Mobavenue AI Tech Ltd - 539682 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 33

Mission 2030 ambition is to build a globally scalable, AI-native platform from India.

Mobavenue AI Tech Ltd - 539682 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 35
How this list is built

Definition used: Develops, sells or operationally deploys AI/ML models, platforms or AI-driven products and services. Generic "digital transformation" or aspirational AI language does NOT qualify.Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.

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