When was Firstsource founded?

Firstsource was founded in 2001 and raised its 1st funding round 11 years after it was founded.

Where is Firstsource located?

Firstsource is headquartered in Mumbai, India. It is registered at Louisville, Kentucky.

How many employees does Firstsource have?

As of Mar 31, 2026, the latest employee count at Firstsource is 25474.

Is Firstsource a funded company?

Firstsource is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Oct 25, 2012.

When was the latest funding round of Firstsource?

Firstsource's latest funding was a $***** Post IPO round on Oct 25, 2012, with participation from 1 investor. Its primary sector is BPO Services. Globally, the BPO Services sector has seen $24.6M in funding in 2026 to date.

What is the annual revenue of Firstsource?

Annual revenue of Firstsource is more than ₹1,000 Cr as on Mar 31, 2025

Where does Firstsource rank among its competitors?

Firstsource ranks 170th amongst 151693 active competitors, of which 1144 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Deloitte, which secured $3.3M in Nov, 2025.

Who are the top competitors of Firstsource?

Firstsource's top competitors include IBM, Mindtree and UST. Among them, Deloitte secured the most recent funding round in November, 2025.

Firstsource - 2026 Company Profile, Funding, Competitors & Financials

Firstsource is a public company based in Mumbai (India), founded in 2001. It operates as a Provider of business process management, data analytics, and IT support services. Firstsource has raised an undisclosed amount in funding. The company has 151693 active competitors, including 1144 funded and 8663 that have exited. Its top competitors include companies like IBM, Mindtree and UST.

Company Details

Provider of business process management, data analytics, and IT support services. Its other services include artificial intelligence, machine learning, complaint management, customer experience, system integration, BI, IDP, cloud computing, and IT consulting. It caters their services to various industries such as healthcare institutions, telecommunications, media and technology, banking, financial services, and other diversified industries.

Website: www.firstsource.com
Social
Email ID: *****@firstsource.com
Registered Address: Louisville, Kentucky

Key Metrics

Founded Year

2001

Location

Mumbai, India

Stage

Public

Latest Funding Round

Post IPO, Oct 25, 2012, $*****

Investors

WestBridge Capital & 4 more

Ranked

170^th among 151693 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

25,474 as on Mar 31, 2026

Investment & Acquisitions

TeleMedik & 18 more

Similar Companies

IBM & 175569 more

Exit Details

Public

View Firstsource's full profile

Firstsource is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Firstsource Process Management Serviceslimited CIN: U72200KA2010PLC055713 , India, Active	Jan 10, 2010	0 - ₹10 Cr (As on Mar 31, 2022)	-
FIRSTSOURCE GROUP U.S.A., INC. CIN: 271422188 , United States, Active	Dec 26, 999	-	4095 (As on Dec 31, 2024)	-
FIRSTSOURCE SOLUTIONS LIMITED CIN: 0541.548.228 , Belgium, Active	Feb 13, 2012	-	-	-
FIRSTSOURCE SOLUTIONS LIMITED CIN: L64202MH2001PLC134147 , India, Active	Dec 06, 2001	₹1,000+ Cr (As on Mar 31, 2025)	27940 (As on Mar 31, 2024)
FIRSTSOURCE SOLUTIONS UK LIMITED CIN: 3999896 , United Kingdom, Active	May 22, 2000	-	-

Firstsource got listed on Feb 22, 2007.

Click here to take a look at Firstsource's IPO in detail

Firstsource has raised funding over 1 round. Its latest funding round was a Post IPO round on Oct 25, 2012 for $*****. 1 investor participated in its latest round. Firstsource has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Firstsource:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 25, 2012	2390052	Post IPO	6442706	3204400	6676888	1372429

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Firstsource's employee count trend

Firstsource has 25,474 employees as of Mar 26. The total employee count is 26.0% lower than what it was in Mar 25. Here is Firstsource's employee count trend over the years:

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Top competitors of Firstsource include IBM, Mindtree and UST. Here is the list of Top 10 competitors of Firstsource, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	81/100
2nd	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	78/100
3rd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
4th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
5th	Deloitte 1845, London (United Kingdom), Series B	Provider of audit, consulting, financial advisory, risk management, and tax services	$21.4M	Europa, HILL HOUSE & 8 others	75/100
6th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	75/100
7th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 3 others	74/100
8th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, CRV & 8 others	73/100
9th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
10th	Valtech 1993, Paris (France), Acquired	Provider of diversified application development, IT consulting, and digital transformation services	-	Verlinvest, Kharis Capital & 3 others	73/100
170th	Firstsource 2001, Mumbai (India), Public	Provider of business process management, data analytics, and IT support services	-	WestBridge Capital, RP-Sanjiv Goenka Group ... & 3 others	57/100

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Firstsource has made 6 investments in companies including AAICO and Lyzr. Firstsource has also acquired 13 companies including TeleMedik and Pastduecredit.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 14, 2026	Acquisition	TeleMedik	1998	Guaynabo (Puerto Rico)
Nov 11, 2025	Investments	AAICO	2021	London (United Kingdom)
Oct 06, 2025	Investments	Lyzr	2023	Jersey City (United States)