Tata Elxsi, a publicly owned company headquartered in India, was founded in 1989 and employs approximately 12290 individuals. The company reported $445.6M in revenue as of 2024 and operates as a tier 1 media tech buyer. It specializes in IT services and IT consulting, providing design, engineering, and technology services across industries such as Automotive, Broadcast, Communications, and Healthcare. Its portfolio focuses on the application of digital technologies including IoT (Internet of Things), Cloud, Mobility, Virtual Reality, and Artificial Intelligence.

2024 Revenue

Founded

1989

Headcount

12,286

Headquarters

India

Primary Segment

IT Services and IT Consulting

Ownership

Publicly Owned

Deployments

19

News Summary:

On March 20, 2026, Tata Elxsi launched a Global Offshore Development Center (ODC) for Terumo Corporation, integrating AI and generative AI into software and product engineering workflows to accelerate the development of cardiac and vascular technologies. This initiative aims to improve precision in design, speed up development timelines, and support efficient regional customization. Earlier on the same day, Tata Elxsi and Terumo Corporation officially inaugurated the ‘Terumo–Tata Elxsi Offshore Development Center’ in Pune, India. This dedicated facility will support the development of Terumo’s cardiac and vascular solutions, strengthening engineering and innovation capabilities and enabling continuous lifecycle support across international markets. Following the news, Tata Elxsi's stock climbed, as the strategic move positions the company to capitalize on expanding medical device and healthcare IT outsourcing markets.

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Tata Elxsi offers 7 products in the media tech industry. Tata Elxsi's product portfolio comprises of video data and analytics, video business systems, broadcast professional services and user experience and devices.
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Tata Elxsi's revenues were $445.6M in 2024. Caretta Research has split Tata Elxsi's revenue into 8 different product categories.
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Tata Elxsi's customers primarily consist of telecoms companies. Examples of Tata Elxsi's customers include Airtel India, America Movil and Comcast Corporation. Tata Elxsi has commercial and technical partners like Apple, Google and Microsoft.

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