Indus OS - About the company
Indus OS is an acquired company based in Mumbai (India), founded in 2013 by Rakesh Deshmukh and Hari Padmanabhan. It operates as an Android based mobile operating system with vernacular support. Indus OS has raised $17.6M in funding from investors like Omidyar Network, Ventureast and JSW Ventures, with last known valuation of $*****. The company has 85 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like Android, Jolla and Ubuntu.
Company Details
Indus OS, fka Firstouch, is a regional mobile operating system built on Android for catering to economic, social, and regional diversity of smartphone users in India. It features a virtual keyboard that comes with predictive text and swipe technology allowing users to translate and transliterate Indian regional languages text to English and vice versa with a swipe. The company also has an application marketplace called App Bazaar that features over 400,000 vernacular apps and comes with an integrated carrier billing payment gateway. As of 2018, it supports English and 23 other regional languages including Assamese, Bengali, Gujarati, Hindi, Kannada, Malayalam, Marathi, to name a few. The company has partnered with Micromax, Intex, Karbonn, Celkon, and Swipe for preloading Indus OS onto their phones. In 2016, it was declared the second most popular OS in India according to a research study conducted by Counterpoint Research with a 7.6% market share
- Website
- indusos.com
- Email ID
- *****@indusos.com
- Phone Number
- +91 **********
- Registered Address
- 206, 2nd Floor, Krislon House, Saki Vihar Road, Saki Vihar Road, Saki Naka, Andheri East, Mumbai City, Mumbai, Maharashtra, India, 400072
Key Metrics
Founded Year
2013
Location
Mumbai, India
Stage
Acquired
Total Funding
$17.6M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 12, 2022
Investors
Ranked
9th among 85 active competitors
Annual Revenue
$0 - $1M as on Mar 31, 2023
Employee Count
45 as on Sep 30, 2026
Exit Details
Acquired by PhonePe (May 19, 2021)
Legal entities associated with Indus OS
Indus OS is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Indus Appstore Private Limited CIN: U74120TN2015PTC179835 , India, Active | Oct 20, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | 110 (As on Aug 01, 2025) | |
INDUS APPSTORE (SINGAPORE) PTE. LTD. UEN: 201536408Z , Singapore, Deadpooled | Oct 01, 2015 | $0 - $1M (As on Mar 31, 2023) | - | |
MOFIRST SOLUTIONS PRIVATE LIMITED CIN: U72900MH2008PTC188998 , India, Strike off | Dec 18, 2008 | 0 - ₹10 Cr (As on Mar 31, 2022) | 93 (As on Sep 30, 2024) |
Indus OS's acquisition details
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Indus OS's funding and investors
Indus OS has raised a total funding of $17.6M over 6 rounds. Its first funding round was on Sep 30, 2015. Its latest funding round was a Series B round on Jul 03, 2020 for $*****. 1 investor participated in its latest round. Indus OS has 16 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of Indus OS:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 03, 2020 | 4466535 | Series B | 8280008 | 2018704 | 5770956 | 2902617 |
Jul 10, 2019 | 3451202 | Series B | 9686387 | 9843547 | 4968319 | |
Dec 21, 2017 | 9724574 | Series A | 9169403 | 1676848 | 8195318 |
View details of Indus OS's funding rounds and investors
Indus OS's founders and board of directors
Founder? Claim ProfileThe founders of Indus OS are Rakesh Deshmukh and Hari Padmanabhan.
Here are the details of Indus OS's key team members:
- Rakesh Deshmukh: Co-Founder & CEO of Indus OS and founder of 4 other companies, including Indus Appstore, Natoe AI and App Bazaar. They serve on the board of 1 company.Contact Info: 1 email address
- Hari Padmanabhan: Chairman & Mentor , Co-founder of Indus OS and founder of 1 other company.
Indus OS's Board of Directors
Indus OS's board has 7 active members. Rakesh Deshmukh, Akash Dongre and Hari Padmanabhan are part of team and Gaurav Sachdeva, Badri Pillapakkam, Snehal Deshpande and Lakhpati Priti are independent board members.Here is the list of Indus OS's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 11m | |
Team | - | Current | 10y 11m | |
Team | - | Current | 10y 11m | |
Independent board member | - | Current | 9y 5m | |
yutdpv{ | Independent board member | - | Current | 3y 1m |
{ogwibi | Independent board member | - | Current | 7y 7m |
r{dknoo | Independent board member | - | Current | 8y 2m |
dx{ucap | Independent board member | - | Past | 8y 8m |
View details of Indus OS's Founder profiles and Board Members
Indus OS's employee count trend
Indus OS has 45 employees as of Sep 26. Here is Indus OS's employee count trend over the years:
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Indus OS's Competitors and alternates
Top competitors of Indus OS include Android, Jolla and Ubuntu. Here is the list of Top 10 competitors of Indus OS, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Android 2003, Palo Alto (United States), Acquired | Mobile operating system for businesses | - | 57/100 | |
2nd | Mobile device and Open Source OS | $25.7M | 55/100 | ||
3rd | Ubuntu 2004, London (United Kingdom), Funding Raised | Open source desktop operating system | - | 51/100 | |
4th | Provider of operating system for mobile devices | $82.4M | 50/100 | ||
5th | Gentoo 1999, Sanford (United States), Unfunded | Flexible, source-based Linux distribution, customizable for diverse applications and needs | - | - | 48/100 |
6th | Provider of the mobile operating system | - | - | 47/100 | |
7th | Insyde Software 1998, Westborough (United States), Public | Manufacturer of UEFI firmware solution for embedded applications | - | 46/100 | |
8th | ![]() Grapheneos 2014, Toronto (Canada), Unfunded | Developer of a privacy and security focused mobile operating system | - | - | 45/100 |
9th | Android based mobile operating system with vernacular support | $17.6M | 46/100 | ||
10th | FreeBSD 1993, Berkeley (United States), Unfunded | Open-source operating system powering servers, desktops, and embedded platforms | - | - | 45/100 |
Looking for more details on Indus OS's competitors? Click here to see the top ones
Indus OS's Investments and acquisitions
Indus OS has made no investments or acquisitions yet.
Reports related to Indus OS
Here is the latest report on Indus OS's sector:
News related to Indus OS
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PhonePe acquires Indus OS, says amicable settlement reached with Affle GlobalMoneycontrol•Jul 29, 2022•PhonePe, Indus OS
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Digital payments company PhonePe acquires OSLabsNew Indian Express•Jul 29, 2022•OSLabs, PhonePe, Indus OS, Affle
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Affle Global buys additional stake in Indus OS to become largest investorBusiness Standard•Jun 10, 2022•Affle, Indus OS, Samsung Venture Investment, Induslabs and 2 others
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PhonePe reaches out-of-court settlement for Indus OS acquisitionYourStory•Apr 14, 2022•PhonePe, Indus OS, Affle
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PhonePe files complaint with SEBI against Ventureast for unethical actions in IndusOS dealMint•Jun 12, 2021•PhonePe, Ventureast, Indus OS
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Legal scuffle breaks out as Affle accuses PhonePe of lowballing the investor with Indus OS dealVCCircle•May 24, 2021•PhonePe, Indus OS
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Affle's subsidiary settles options to buy Indus OS stakes from the promoterIndia Infoline•May 21, 2021•Indus OS, Affle, PhonePe
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