Managing IT assets efficiently has become a strategic priority for Indian enterprises navigating digital transformation. From sprawling enterprise networks to fast-scaling startups, organizations need robust IT Asset Management (ITAM) solutions to track hardware, software licenses, cloud resources, and compliance obligations across their infrastructure. India’s ITAM market has matured considerably, with both homegrown innovators and global technology giants competing for a share of this high-growth space.
Whether you are a CIO looking to cut licensing costs, an IT manager trying to maintain audit readiness, or a procurement team aiming to extend hardware lifecycles, choosing the right ITAM partner makes all the difference. Here is a comprehensive look at the top 10 IT Asset Management companies operating in India in 2026, evaluated on the depth of their ITAM capabilities, local support infrastructure, customer trust, and overall market relevance.
1. ManageEngine (Zoho Corporation)
Headquartered in Chennai, ManageEngine is arguably the most widely deployed ITAM platform among Indian enterprises and SMEs alike. A division of Zoho Corporation, ManageEngine offers a suite of products — most notably AssetExplorer and ServiceDesk Plus — that deliver end-to-end visibility into hardware and software assets. Its ITAM capabilities include automated discovery, software license management, purchase order tracking, depreciation calculation, and compliance reporting.
What sets ManageEngine apart in the Indian context is its deep understanding of the local regulatory and procurement landscape, competitive pricing in INR, and an extensive network of channel partners across Tier 1 and Tier 2 cities. The company serves thousands of clients across BFSI, government, education, and manufacturing sectors. Its on-premise and cloud deployment options make it a flexible choice for organizations with data residency constraints.
2. Freshservice (Freshworks)
Freshworks, founded in Chennai and now listed on NASDAQ, offers Freshservice — a cloud-native ITSM platform with a powerful built-in ITAM module. Freshservice allows IT teams to maintain a unified asset repository, automate discovery using agent-based and network probes, track software licenses, and manage contracts and warranties from a single pane of glass.
Its SaaS-first architecture, intuitive UI, and AI-powered automation (leveraging its Freddy AI engine) make it popular with mid-market companies and digital-native enterprises that want speed and simplicity. Freshworks has a significant customer base across India’s IT/ITeS, e-commerce, and healthcare segments, and its local support teams and data centers in India strengthen its standing for Indian customers with compliance requirements.
3. ServiceNow
ServiceNow is a global leader in ITSM and its IT Asset Management (ITAM) module is considered best-in-class for large enterprises. The company has a substantial India presence with delivery centers in Hyderabad and Bengaluru, and a large ecosystem of certified implementation partners including Infosys, Wipro, and HCL Tech.
ServiceNow’s ITAM platform covers hardware asset management, software asset management (SAM), cloud asset management, and technology asset management in a deeply integrated manner. Its strength lies in connecting ITAM with the broader ServiceNow platform — ITSM, CMDB, risk management, and procurement — giving large organizations a single source of truth for their entire IT estate. While pricing is geared toward large enterprises, no list of serious ITAM contenders in India is complete without ServiceNow.
4. BMC Helix (BMC Software)
BMC Software’s Helix ITSM and Helix Discovery platforms form a formidable ITAM solution used by Indian enterprises in banking, telecom, and manufacturing. BMC’s strength is in its ability to discover and map complex hybrid IT environments — combining on-premise infrastructure, cloud instances, and containerized workloads into a unified CMDB and asset repository.
BMC has a well-established presence in India through direct sales and system integrator partnerships. Its ITAM capabilities include automated asset discovery, license reconciliation, contract lifecycle management, and financial reporting. For organizations running large-scale IT operations with complex infrastructure topology, BMC Helix remains a top-tier choice.
5. Ivanti
Ivanti has carved out a strong foothold in India’s ITAM market, particularly among mid-to-large enterprises in IT, retail, and financial services. Its Ivanti Neurons for ITAM and the well-regarded Ivanti Asset Manager product provide comprehensive lifecycle management, software license optimization, and hardware tracking capabilities.
What makes Ivanti particularly notable is its integration of ITAM with endpoint management and security — a convergence that has become increasingly important in the era of remote work and hybrid IT environments. Indian organizations looking for a unified platform that bridges IT asset visibility with endpoint security and patch management find Ivanti to be a compelling proposition. The company supports Indian clients through regional offices and a certified reseller network.
6. Infraon
Infraon is one of India’s most notable homegrown ITAM-focused platforms. Founded with the explicit mission of simplifying IT infrastructure management for enterprises, Infraon offers a suite that spans asset management, network monitoring, service desk, and warranty management under one roof.
The platform is cloud-native, AI-assisted, and designed with the needs of Indian mid-market and enterprise customers in mind — including multi-location support, vendor management, and AMC (Annual Maintenance Contract) tracking, which are critical considerations for Indian IT departments. Infraon has steadily grown its customer base across sectors like logistics, retail, and professional services, and is recognized as a credible alternative to heavier international platforms for organizations seeking cost-effectiveness without sacrificing functionality.
7. AssetInfinity
AssetInfinity is a Noida-based ITAM and physical asset tracking company that has gained significant traction among Indian SMEs and mid-sized enterprises. Its platform supports IT asset lifecycle management, QR code and barcode-based tracking, depreciation management, audit management, and employee asset assignment workflows.
AssetInfinity is particularly appreciated for its ease of deployment, mobile app support, and straightforward pricing — making it accessible to organizations that do not have the budget or complexity to justify enterprise-grade platforms. It serves clients across industries including education, healthcare, manufacturing, and IT services, and offers dedicated customer support suited to the Indian business context.
8. HCL Technologies (HCL ITAM Managed Services)
HCL Technologies, one of India’s leading global IT services firms headquartered in Noida, offers IT Asset Management as a Managed Service — making it a strong choice for organizations that prefer to outsource their ITAM function rather than run it in-house. HCL’s ITAM practice covers end-to-end asset lifecycle management including procurement, deployment, software license compliance, refresh planning, and disposal.
HCL leverages its global delivery model, proprietary tooling, and partnerships with OEMs like Microsoft, Oracle, and IBM to deliver ITAM services to large enterprises. Indian conglomerates and multinational organizations with operations in India often rely on HCL to manage complex, multi-vendor IT estates. Its deep expertise in software audit defense and license compliance positions it as a valuable partner for organizations navigating complex vendor agreements.
9. Nexgen ITSM
Nexgen ITSM is an India-based IT service management and asset management company that has built a loyal following among mid-sized Indian enterprises, particularly in sectors like healthcare, education, and financial services. Its platform includes modules for asset discovery, configuration management, software metering, license compliance, and help desk integration.
Nexgen’s competitive advantage lies in its focus on the Indian market — offering INR-denominated pricing, local implementation support, customization for Indian enterprise workflows, and strong integration with popular ERP systems used in the country. For organizations seeking a functional, locally-supported ITAM solution without the overhead of large international vendors, Nexgen ITSM is a practical and capable option.
10. Sify Technologies
Sify Technologies is one of India’s pioneering IT infrastructure and managed services companies, headquartered in Chennai. While Sify is broadly known for its data center, networking, and cloud services, its Managed IT Services portfolio includes comprehensive IT asset management capabilities — covering asset discovery, lifecycle tracking, compliance management, and technology refresh planning.
Sify’s ITAM services are delivered as part of broader managed infrastructure engagements, making it a natural choice for organizations that want to consolidate their ITAM function with their infrastructure management provider. Its extensive data center footprint across India, deep OEM partnerships, and understanding of Indian enterprise IT environments make it a credible and reliable ITAM service provider, particularly for large organizations with distributed infrastructure.
What to Look for When Choosing an ITAM Company in India
Selecting the right ITAM partner requires more than just comparing feature lists. Organizations should evaluate the depth of automated discovery — whether the platform can reliably detect assets across physical, virtual, and cloud environments. Software license optimization is equally critical, given the financial and compliance exposure associated with over-licensing or under-licensing. Data residency and local cloud hosting options matter for regulated industries like BFSI and healthcare. Finally, the quality of local support, implementation expertise, and integration with existing tools like ERP, procurement, and ITSM platforms can make or break a deployment.
Final Thoughts
India’s IT asset management landscape in 2026 reflects the broader maturation of the country’s enterprise IT sector — with world-class platforms being available at multiple price points, catering to everyone from the lean startup to the multinational conglomerate. The ten companies listed above represent the most capable, active, and trusted players in this space today. Whether you prioritize cost, scale, automation, or local support, there is a solution on this list that fits your needs.
Investing in the right ITAM platform is not merely an IT decision — it is a strategic move that improves financial discipline, reduces compliance risk, and enables faster, more confident technology decision-making across the enterprise.
