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.
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”
“Leadership in AI US$2.3 billion annualised AI revenue 100% Sales and Presales Personnel trained in AI 270K Employees with higher order skills”
“AI services partner for 130/139 clients with US$50 Mn annual turnover”
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.”
“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”
Physicswallah has built and operationally deployed proprietary AI models across its core learning platform, with AI having resolved over 10 crore student doubts and graded 1.4M+ subjective answer copies, and AI features (e.g., AI Doubt Solver, AI-powered Chroma Studios) embedded throughout its product and content pipeline.
“our AI has resolved over 10 crore student doubts to date, graded more than 1.4 million subjective answer copies, and supports learning in Hindi, Hinglish and English, with more Indian languages on the way. We are building our own AI models, trained on years of proprietary teaching content and exam-specific data”
Affle's core business is an AI-powered adtech platform; AI is embedded across its Consumer Platform Stack (ConvergeAI, mDMP, mFaaS, Agentic AI 'Niko', Generative AI 'OpticksAI'), with 99.2% of FY26 revenue earned via its CPCU model that relies on proprietary AI/ML for verticalised targeting and fraud detection.
“We are a global technology Company enabling verticalised, AI-led consumer conversions for advertisers through our differentiated CPCU business model spanning Mobile, Connected TV and other Agentic and Autonomous Intelligent Connected Devices (AICDs).”
“During the year, we expanded our product suite by embedding Generative and Agentic artificial intelligence more deeply across the App Store growth stack, marked by the launch of Niko, our agentic campaign optimisation engine, and enhanced capabilities within OpticksAI, our creative automation platform.”
RateGain's core business is delivering AI-powered SaaS for travel and hospitality, with AI embedded across its full product stack (Navigator AI, UNO VIVA, AI Concierge, Agentic ARI, Demand-AI, etc.).
“RateGain Travel Technologies Limited is a global provider of AI-powered Software-as-a-Service (SaaS) solutions for the travel and hospitality industry.”
“RateGain Travel Technologies Limited is a global provider of AI-powered SaaS solutions for travel and hospitality.”
AI/ML is operationally deployed throughout the company's entire digital lending platform — underwriting, fraud detection, servicing and collections — and is described as a core differentiator of the business.
“From customer acquisition and onboarding to credit underwriting, fraud detection, loan servicing, and collections, artificial intelligence, machine learning, and analytics are seamlessly embedded across the lending lifecycle.”
“Powered by proprietary artificial intelligence and machine learning-based underwriting models, Kissht enables faster and data-driven credit decisions while maintaining a robust risk management framework.”
“Technology & Innovation AI- and ML-based underwriting, advanced analytics and automated risk assessment to enhance responsible lending.”
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.”
“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.”
“Agentic AI Service Providers PeMa Quadrant 2025 Leader”
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.”
“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”
“Mission 2030 ambition is to build a globally scalable, AI-native platform from India.”
AI is a core technology platform underpinning multiple verticals, supported by Snowflake and Databricks partnerships, dedicated GenAI training, and an AI-powered fintech (Finoux) acquisition.
“Delivering AI-powered, scalable, and integrated solutions across infrastructure, BFSI, retail, and public sector ecosystems”
AI is the central pillar of the company's core product — its AI-first Centralised Communications Governance Hub (UniServe NXT) is built on LLMs and AI-driven orchestration, and is the main revenue-driving platform serving BFSI, telecom and government customers.
“In10s is positioned at the forefront of this convergence. Our AI-powered platform, the Centralised Communications Governance Hub, is underpinned by LLMs, no-code tools, and strong governance frameworks, bringing communications, engagement, automation, and governance together in a unified ecosystem”
“INTENSE AI SOLUTION SYSTEMS PRIVATE LIMITED (CIN: U62090TS2026PTC209577) January 12, 2026”
CTE's principal service business is delivering custom AI/ML and Agentic AI solutions, data engineering, and enterprise applications to enterprise and Fortune 500 clients globally, with AI as one of four stated core practice areas.
“Cambridge Technology Enterprises Limited ("the Company") is a business and technology services Company with more than 25 years in continuous operation, delivering custom AI solutions, data engineering, enterprise application development, and managed technology services to a diverse base of enterprise and Fortune 500 clients worldwide. The Company organizes its service portfolio around four core practice areas: Artificial Intelligence and Machine Learning, Agentic AI, Data Engineering, and Enterprise Applications.”
The company's core business is developing and deploying AI-enabled platforms (iCAPP, iLang, iRef, EAssistant+, etc.) for manuscript processing, editorial workflow, and publishing automation.
“iCodex Publishing Solutions Limited, founded in 2018 and based in Pune, India, is a technology company specializing in software and AI-enabled platforms for the scholarly and academic publishing industry.”
“iCodex Publishing Solutions Limited, founded in 2018, stands out as a trusted innovator delivering intelligent, scalable, and AI-driven solutions designed specifically for the global academic publishing ecosystem.”
“Icodex Publishing Solutions Limited continued to focus on providing IT and IT-enabled services through its proprietary publishing technology platforms, SaaS solutions and AI-based IT tools.”
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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