15 Best Product-Based Companies in Pune You Should Know

Pune, largely celebrated as a cultural capital and intellectual center of India, has quickly evolved into a dynamic center of technology and innovation. Rich in its educational system, close proximity to the city of Mumbai, and high standard of living, Pune has become a top choice for tech firms seeking to develop and grow innovative products. Over time, the city has transformed from an IT services base to housing an increasing number of Product-Based Companies in Pune that are creating globally competitive software, hardware, and digital solutions.

From home-grown startups to multinational tech behemoths, numerous organizations have set up R&D centers and innovation hubs in Pune, concentrating on areas such as cybersecurity, SaaS, enterprise software, cloud computing, fintech, and others. They are not only driving employment generation and technological advancements but also making Pune a hub for India’s product-led digital economy.

This blog showcases some of Pune’s best product-based companies, both established and upcoming. If you’re a job seeker, tech aficionado, or entrepreneur, this post provides useful insight into Pune’s thriving product-tech ecosystem.

Why is Pune Ideal for Product-Based Companies?

Pune’s growth from a peaceful education hub to a flourishing product-tech hub is not coincidental. With its distinctive combination of talent, infrastructure, affordability, and innovation-friendly ethos, Pune has all that a product-driven firm requires. Here’s why the city is becoming one of India’s most sought-after hubs for firms making world-class tech products:

Highly Skilled Talent Pool from Premier Institutions

Pune has a consistent pool of engineers, designers, and business talent from premier institutes such as COEP, MIT-WPU, Symbiosis, and more. This highly academic environment fosters a vibrant tech talent that can thrive across product lifecycles.

Lower Cost of Living and Business Operations

Relative to cities like Bangalore or Mumbai, Pune provides lower living costs and operational expenses. This facilitates easier establishment and growth for startups and product companies of a mid-scale nature, as well as providing workers with greater affordability and quality of life.

Strong Infrastructure with Specialty Tech Parks

The city boasts well-designed tech parks and SEZs like Hinjawadi IT Park, Magarpatta City, and EON Free Zone. These parks provide world-class facilities, reliable connectivity, and business-ready infrastructure apt for product R&D and global delivery.

Growing Innovation and Startup Culture

The supportive ecosystem of Pune comprises incubators, accelerators, venture capitalists, and industry forums. Product companies are supported through this system of mentorship, finance, and networking, which fuels growth and experimentation.

Government and Corporate Investment in Innovation

Government initiatives such as Startup India, state incentives, and smart city initiatives provide an encouraging environment for growth led by technology. Also, R&D facilities in Pune have been invested in by global tech companies, attesting to the potential of the city as an innovation center.

Strategic Location with Excellent Connectivity

Being situated in proximity to Mumbai and well connected through air, railway, and road transport, Pune facilitates easy business travel, logistics, and collaboration, both domestic and international.

Balanced Lifestyle and High Retention Rates

Pune’s agreeable climate, cultural diversity, and lesser congestion than other metros provide a better quality of life. This translates into higher employee satisfaction and retention, vital to long-term product development.

List of Top 15 Product-based Companies in Pune

1. Force Motors

• Founded: 1958
• Founder: N. K. Firodia
• Pune Address: Survey No 36/1C, Manjari Farm, Tal Haveli, Solapur – Pune Highway, Near Ace Kudale Showroom, Post Office Manajri, Pune, Maharashtra 412307

\Pune-headquartered Force Motors is a prominent Indian automotive manufacturer with the reputation of designing and producing utility and commercial vehicles. Founded in 1958, the company has been responsible for the industrial mobility of India through products such as the Traveller,

Trax, and agricultural tractors. Force Motors also produces engines and axles for BMW and Mercedes-Benz in India, demonstrating its engineering prowess and automotive production abilities. With robust R&D in Pune and focused plants, the company keeps advancing in sectors such as shared mobility, electric vehicles, and heavy transportation.

Key Products/Services:

• Light commercial vehicles (Force Traveller, Trax)
• Agricultural tractors and multi-utility vehicles
• Engines and Mercedes-Benz and BMW axles
• Development of electric vehicles (under the Force Urbania initiative)

Website: https://www.forcemotors.com/

2. PubMatic India Pvt. Ltd.

• Founded: 2006
• Founders: Amar Goel, Rajeev Goel, Mukul Kumar, Anand Das
• Pune Address: 4th Floor, Westend Icon, Aundh, Pune, Maharashtra 411007

PubMatic was founded in Pune in 2006 and began operations out of a garage. The company is now a global leader in programmatic ad technology. Founded by Amar Goel, Rajeev Goel, Mukul Kumar, and Anand Das, the firm builds supply-side platforms (SSP), real-time bidding technology, analytics, and identity products that enable publishers globally.

Driven by a strong engineering team in Pune, PubMatic’s innovations such as OpenWrap and Identity Hub have revolutionized the way digital ad inventory is being monetized. As one of the leading Product-based Companies in India, PubMatic continues to be an inspiring success story in the city’s emerging product-tech ecosystem.

Key Products/Services:

• PubMatic SSP (Supply-Side Platform)
• OpenWrap (header-bidding wrapper)
• Identity Hub for cookieless advertising
• Real-time bidding and auction systems
• Ad inventory optimization and analytics
• Monetization tools for publishers on web, mobile, video, and CTV

Website: https://pubmatic.com/

3. Persistent Systems

• Founded: 1990
• Founder: Anand Deshpande
• Pune Address: Bhageerath, 402, Senapati Bapat Road, Pune, Maharashtra 411016

Started in 1990 in Pune by Anand Deshpande, Persistent Systems was a small technology services company and now it is a industry-leading player in software product engineering, cloud, IoT, and data analytics. It has established over the decades the tradition of innovation-driven delivery and has acquired several global tech products, including industrial software, fast-tracked cloud platforms, and domain-specific solutions.

Persistent is firmly planted in Pune, fueling R&D and product innovation that keeps drawing global customers and skilled talent.

Key Products/Services:

• Cloud-native product development
• IoT and industrial automation software
• Big data analytics and AI platforms
• Embedded and enterprise software solutions
• Specialized solutions for manufacturing, healthcare, finance

Website: https://www.persistent.com/

4. Druva Inc.

• Founded: 2008
• Founders: Jaspreet Singh, Milind Borate & Ramani Kothandaraman
• Pune Address: Muttha Chambers II, Level VI, Senapati Bapat Marg, Pune, Maharashtra 411016

Established in Pune in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman, Druva was initially a data management startup that grew to become a cloud-native global leader in data protection. As a pioneering Product-Based company, Druva focuses on SaaS-based enterprise solutions, offering data backup, disaster recovery, archival, and governance for endpoints, datacenters, cloud workloads, and SaaS applications.

Its Pune-based R&D team continues to play a pivotal role in innovation, while the company’s emergence as a unicorn is a testament to Pune’s ability to host globally significant product companies.

Key Products/Services:

• Druva Phoenix (server backup)
• Druva inSync (endpoint/SaaS backup)
• Druva CloudRanger (cloud-native protection)
• Data governance & archival across hybrid environments

Website:  https://www.druva.com/

5. KPIT Technologies Ltd

• Founded: 1990
• Founders: Ravi Pandit & Kishor Patil
• Pune Location: Plot No 35 And 36, Phase I, Rajiv Gandhi Infotech Park, Mhalunge Road, Nr Mc Donalds, Hinjawadi, Pune, Maharashtra 411057

KPIT Technologies was founded in Pune in 1990 by Ravi Pandit and Kishor Patil, as KPIT Infosystems. Growing into a global engineering powerhouse, KPIT is a leading ER&D and embedded software player for the automotive and mobility domains.

KPIT has a core base of R&D in Pune, which drives innovations in electric and autonomous vehicles, vehicle connectivity, diagnostics and cloud-connected automotive platforms. KPIT’s patents, cross-border partnerships, and leadership in mobility technology further strengthen Pune’s foothold in product-based engineering.

Key Products/Services:

• Automotive embedded systems & ER&D
• Electric and autonomous vehicle platforms
• Vehicle diagnostics & telematics solutions
• Mobility engineering, software integration

Website:  https://www.kpit.com/

6. TIBCO Software India Pvt. Ltd.

• Founded: Global since 1997; Pune operations from early 2000s
• Founders: Vivek Ranadive (global)
• Pune Address: 5th Floor, sai Radhe Building, Pune, Maharashtra 411001

TIBCO entered Pune in the early 2000s and has become a critical center for enterprise integration, analytics, and real-time data solutions. As a global Product-Based company, TIBCO supports digital transformation for businesses worldwide, enabling rapid data integration, API management, business intelligence, and cloud-based decision platforms.

With its engineering presence in Pune, the company plays a key role in core product development, deployment, and innovation in analytics-driven enterprise software.

Key Products/Services:

• Data integration & streaming platforms
• API management
• Business intelligence and analytics (Spotfire)
• Cloud services & business process management

Website:  https://www.tibco.com/

7. Quick Heal Technologies Ltd

• Founded: 1995
• Founders: Dr. Kailash Katkar & Dr. Sanjay Katka
• Pune Address: Plot No. 11, Cts No. 1442 To 1445 Thube Park, Shivajinagar, Pune, Maharashtra 411005

Since its founding in 1995, Quick Heal Technologies, which has its headquarters in Pune, has grown from a local antivirus startup to one of India’s top cybersecurity companies. Founded by Dr. Kailash Katkar and Dr. Sanjay Katkar, it specializes in endpoint security solutions for retail and enterprise segments.

As one of the prominent Product-based Companies in Pune, Quick Heal offers everything from antivirus software to enterprise security solutions under the Seqrite brand. Its Pune R&D and engineering units continue to innovate in AI-based threat detection, network security, and cloud security solutions.

Key Products/Services:

• Quick Heal antivirus (Windows, Linux, Android)
• Seqrite enterprise security suite
• Network security and endpoint protection
• AI-based threat analytics & mobile security

Website: https://www.quickheal.co.in/

8. ThoughtWorks India (Pune)

• Founded: Global since 1993; mid‑2000s Pune center establishment
• Founders: Roy Singham (global)
• Pune Address:  Panchshil Tech Park, Loop Road, Near Don Bosco School, Yerwada, Pune, MaharaShtra 411006

ThoughtWorks, started world-wide in 1993 and made popular by the Agile Manifesto, has a major product innovation and consulting hub in Pune. The Pune teams work on creating agile engineering tools, digital transformation strategies, and enterprise-class custom software.

With open-source products such as Mingle, Gauge, and GoCD, ThoughtWorks Pune combines product-first thinking with transformation consulting to create user-focused, high-quality software solutions for clients worldwide.

Key Products/Services:

• Agile engineering & consulting services
• Custom enterprise software solutions
• Open-source tools (Mingle, Gauge, GoCD)
• Product strategy and delivery transformations

Website: https://www.thoughtworks.com/

9. Siemens Digital Industries Software (Siemens PLM)

• Founded: Global Siemens PLM heritage since 2007; Pune presence since around late 2000s
• Founders: Parent – Siemens AG
• Pune Address:  Tower C, Panchshil Business Park, Cummins Campus, Balewadi, Pune, MaharaShtra 411045

Siemens Digital Industries Software, previously Siemens PLM Software, has an innovation office in Pune that caters to worldwide product lifecycle management (PLM), simulation, and industrial engineering platforms. As one of the established Product-based Companies in Pune, Siemens expanded its digital software suite following the acquisition of UGS and Tecnomatix.

The Pune center is involved in core software development for CAD, manufacturing process automation, digital twin, and simulation tools applied to industries such as automotive, aerospace, and heavy engineering.

Key Products/Services:

• CAD and PLM software packages
• Manufacturing process management (Tecnomatix)
• Digital twin simulation & testing solutions
• Industrial automation and lifecycle engineering solutions

Website:  https://www.sw.siemens.com/en-US/

10. Red Hat India (Pune Center)

• Founded: 1993 (worldwide)
• Founders: Bob Young & Marc Ewing
• Pune Address: Tower X, Level-1, Cybercity, Magarpatta City, Hadapsar, Pune, Maharashtra 313001

Red Hat, the leader in open-source enterprise software, has a strong product development facility in Pune. The engineering teams in Pune work on flagship platforms including Red Hat Enterprise Linux, OpenShift, Ansible, and middleware offerings.

With a focus on Kubernetes orchestration, hybrid cloud tools, automation, and developer toolchains, the Pune office plays an important role in building and testing releases for global rollout. Red Hat’s open-source philosophy, community-led innovation, and advanced tooling demonstrate Pune’s ability to facilitate globally collaborative product development.

Key Products/Services:

• Red Hat Enterprise Linux (RHEL)
• OpenShift container platform
• Ansible automation tools
• Middleware and integration services

Website: https://www.redhat.com/en

11. BMC Software India Pvt. Ltd.

• Founded: 1980 (worldwide)
• Founders: Scott Boulette, John J. Moores
• Pune Address:  2 Airport Road, Pune 411006

BMC Software, a market leader in IT service management and digital operations management, has an important product development facility in Pune. As a global Product-Based company, BMC’s Pune teams work on BMC Helix (ITSM and AI-infused service management), Control-M (workload automation), TrueSight (monitoring), and Helix Discovery.

With cloud-native SaaS platforms and AI-embedded analytics as a focus area, BMC’s engineering in Pune caters to enterprise customers across industries, building operational resilience and automating complicated IT workflows at scale.

Key Products/Services:

• BMC Helix ITSM suite
• Control-M workload automation platform
• TrueSight operations management
• Artificial intelligence-based service management tools

Website: https://www.bmc.com/

12. Veritas Technologies India (Pune)

• Founded: 1983 (global)
• Founders: Bill Coleman, Eli Goldstein, Dave Packer
• Pune Address: 3/8, Baner RD, Pune, Maharashtra 411045

Veritas Technologies is in the business of enterprise data management, backup, storage, and availability solutions, with an R&D and engineering hub based in Pune. From creating flagship products such as NetBackup and InfoScale to software-defined storage and cloud data protection solutions, Veritas Pune helps engineer high-performance, scalable platforms.

The Pune team is dedicated to providing integrated availability, recovery, and multi-cloud data mobility, mission-critical for enterprises operating complex data estates across the world.

Key Products/Services:

• NetBackup enterprise backup platform
• InfoScale software-defined storage
• Enterprise Vault archiving solutions
• Cloud data protection and recovery

Website: https://www.veritas.com/

13. NVIDIA India (Pune R&D Center)

• Founded: 1993 (global)
• Founders: Jensen Huang, Chris Malachowsky, Curtis Priem
• Pune Address:  Commerzone No.5, Survey No.144, 145, Off Airport Road, Yerwada, Pune, Maharashtra 411006

NVIDIA, a worldwide leader in GPUs, AI, and accelerated computing, has a robust engineering footprint in Pune. As a leading Product-Based company, NVIDIA’s Pune R&D center contributes to GPU architecture development, AI frameworks, simulation platforms, and data center acceleration technology.

Teams here work on software for CUDA, AI toolkits, and autonomous machine embedded systems. NVIDIA Pune exemplifies the city’s evolution as a hub for high-performance computing and cutting-edge product innovation, further establishing its presence in the global tech landscape.

Key Products/Services:

• GPU hardware and software optimization
• CUDA, AI/ML framework building
• Autonomous systems software stacks
• Simulation, graphics, and data-center acceleration

Website: https://www.nvidia.com/en-us/drivers/

14. Mindtickle (Pune Office)

• Founded: 2011
• Founders: Krishna Depura, Mohit Garg, Suraj Persaud, Milind Gadekar
• Pune Address: Rh4, Morning Glorybehind Kapil Complexopposite Prabhavee Tech Parkbaner, Pune 411045

Mindtickle, a sales readiness platform born in Pune, offers an integrated suite of SaaS solutions aimed at training, coaching, and performance measurement. Established in Pune in 2011, it has modules in sales enablement, onboarding, microlearning, and readiness analytics implemented by global businesses.

With its R&D and product development happening at the core in Pune, Mindtickle combines AI-driven insights with interactive learning technologies. Its growth trajectory to become a unicorn is evidence of the ability of Pune to nurture high-growth product startups with a global outreach.

Key Products/Services:

• Platform for sales readiness and enablement
• Onboarding, coaching, and training module
• Performance analytics and readiness insights
• AI-driven personalization and learning dashboards

Website: https://www.mindtickle.com/

15. Bajaj Auto

Bajaj Auto is among India’s largest two-wheeler and three-wheeler producers and a globally known motor vehicle brand. It was established in 1945 and has motorcycles, scooters, and auto rickshaws as its production lines, with flagship brands such as the Pulsar, Dominar, and RE auto.

Bajaj is also a leading exporter with a presence in more than 70 countries. Its Pune plant is a key R&D and manufacturing hub, particularly for premium segments and electric two-wheelers under the Chetak brand. Bajaj Auto has been the key to placing Pune on the world auto map.

• Founded: 1945
• Founder: Jamnalal Bajaj
• Pune Address: Ground & 1st & 5th Floor G E Plaza, Airport Road, Pune, Maharashtra 411006

Key Products/Services:

• Motorcycles (Pulsar, Dominar, CT, Platina series)
• Three-wheelers (RE auto rickshaws)
• Electric scooters (Chetak EV)
• Global exports and branded mobility solutions

Website: https://www.bajajauto.com/

Conclusion

Pune has solidly emerged as one of India’s top product-tech cities, transforming from an old-fashioned academic hub to a hotbed of innovation and enterprise. With its deep talent pool, low-cost operations, solid infrastructure, and nascent ecosystem of homegrown and foreign Product-based Companies in Pune, the city presents a massive opportunity for entrepreneurs who want to start or scale in the tech sector.

From software engineers to product managers, startup entrepreneurs to investors, Pune is the perfect place to innovate and grow. Whether it’s a startup or a global Product-Based company, these firms continue to develop cutting-edge solutions across industries—revolutionizing sectors and playing a vital role in shaping India’s digital and technological future.

FAQs

How does Pune differ from Bangalore for tech employment?

Though Bangalore is India’s largest tech city, Pune presents a quieter, less expensive option with a robust tech ecosystem, great educational institutions, and increasing traction of global and Indian product firms. It also offers improved work-life balance and reduced living expenses.

Are there good freshers’ opportunities in product companies in Pune?

Yes, most product firms in Pune do actively recruit freshly graduated engineers and business school students. They usually provide formal training, mentorship schemes, and opportunities in product development, QA, DevOps, and data analytics.

What are the skills most in demand in product companies in Pune?

Java, Python, Node.js software development skills, cloud computing (AWS, Azure), DevOps, UI/UX design skills, data science, AI/ML, and cybersecurity skills are in great demand. Product lifecycle knowledge, Agile methodology, and problem-solving skills are also worth having.

Multinational product companies with R&D facilities in Pune exist.

Yes. Major global companies such as NVIDIA, Siemens, Red Hat, Avaya, TIBCO, and BMC Software have set up R&D or product development centers in Pune, typically engaging in core innovation and international rollouts.

What role do product companies play in Pune’s economy?

Product-based firms play an important role by generating high-value employment, foreign investment, ancillary industries, and locating Pune as an international innovation hub.