When was Firstsource founded?

Firstsource was founded in 2001 and raised its 1st funding round 3 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 $35M across 2 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Aug 18, 2004.

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.

What is the annual revenue of Firstsource?

Annual revenue of Firstsource is more than ₹1,000 Cr as on Mar 31, 2026

Where does Firstsource rank among its competitors?

Firstsource ranks 378th amongst 217787 active competitors, of which 1506 are funded. It stands 5th 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, UST and Infosys. 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 AI-native operations and technology services for global industries. Firstsource has raised $35M in funding. The company has 217787 active competitors, including 1506 funded and 11422 that have exited. Its top competitors include companies like IBM, UST and Infosys.

Company Details

Provider of AI-native operations and technology services for global industries. The company designs, builds, and runs intelligent systems to transform business processes across sectors including banking, healthcare, and technology. Services include consulting, decision engine development, customer experience management, intelligent back office processing, and data engineering. By integrating domain expertise with automated decision logic, the company delivers end-to-end operational outcomes and performance-based solutions. PF = Yes

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

Key Metrics

Founded Year

2001

Location

Mumbai, India

Stage

Public

Total Funding

$35M in 2 rounds

Latest Funding Round

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

Investors

WestBridge Capital & 4 more

Ranked

378^th among 217787 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

25,474 as on Mar 31, 2026

Investment & Acquisitions

TeleMedik & 19 more

Similar Companies

UST & 83764 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 SOLUTIONS LIMITED CIN: 0541.548.228 , Belgium, Active	Feb 13, 2012	-	16786 (As on Jan 31, 2024)	-
FIRSTSOURCE SOLUTIONS UK LIMITED CIN: 3999896 , United Kingdom, Active	May 22, 2000	-	-
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	-	3545 (As on Dec 31, 2025)	-
FIRSTSOURCE SOLUTIONS LIMITED CIN: L64202MH2001PLC134147 , India, Active	Dec 06, 2001	₹1,000+ Cr (As on Mar 31, 2026)	27940 (As on Mar 31, 2024)

Firstsource got listed on Feb 22, 2007.

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

Firstsource has raised a total funding of $35M over 2 rounds. Its first funding round was on Aug 18, 2004. 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	8202383	Post IPO	1421372	8337055	2504038	6604772
Aug 18, 2004	4018175	Series C	6665065	3718713	8953533	Temasek & 1 more

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View details of Firstsource's funding rounds and investors

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, UST and Infosys. 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	77/100
2nd	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
3rd	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
4th	Deloitte 1845, London (United Kingdom), Unfunded	Provider of audit, consulting, financial advisory, risk management, and tax services	$21.4M	HILL HOUSE, Military Health & 8 others	74/100
5th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
6th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, Back Bay Group & 8 others	73/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	EY 1989, London (United Kingdom), Funding Raised	Provider of professional services including assurance, consulting, strategy, transactions, and tax advisory	-	Tiberius Geldard, Hudson Pacific Capital & 7 others	73/100
10th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
378th	Firstsource 2001, Mumbai (India), Public	Provider of AI-native operations and technology services for global industries	$35M	WestBridge Capital, GrowthStory & 3 others	52/100

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Firstsource has made 6 investments in companies including AAICO and Lyzr. Firstsource has also acquired 14 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)