Indium's Growth Trajectory: From Rs 130 Crore to Rs 1,300 Crore by FY26

Private equity firm EQT-backed data engineering company Indium is on a rapid growth path, projecting a revenue of Rs 1,300 crore in the 2025-26 financial year, a significant leap from Rs 130 crore in 2020-21. This growth is fueled by advancements in data engineering and artificial intelligence (AI) sectors.

Under the leadership of Ram Sukumar, co-founder and CEO, Indium has rebranded from Indium Software and is eyeing further acquisitions to bolster its capabilities in data, cloud, and near-shoring. The company's strategic acquisitions, including the Kochi-based engineering services company Experion, have contributed to a 46% compounded annual growth rate (CAGR) over the last five years.

Expanding AI and Data Engineering Capabilities

Indium plans to implement AI across five key areas: building language models, agentic AI models, product development, industry-specific applications, and internal functions such as HR and marketing. With large enterprises in the US increasingly investing in generative AI projects, Indium is well-positioned to capitalize on the growing demand for data engineering, data ops, and MLOps services.