Onward Technologies Ltd. was founded by Mr. Harish S. Mehta in 1991 and is currently being led by second
generation entrepreneur, Mr. Jigar Mehta. Onward is headquartered in Mumbai, with sales offices in Chicago, Detroit,
Cleveland, Toronto, London, Frankfurt and Amsterdam, and also has design and development centers located offshore
in Mumbai, Pune, Chennai and Bengaluru. With more than 2,400 employees throughout India, US, UK & Europe, the
company boasts of a young and dynamic team with a razor-sharp focus on customer & business excellence, led by
an experienced management team.
The company is a leading player in Digital and ER&D (Engineering Research & Development) Services including but not
limited to Embedded & Electronic Systems, Engineering Technology, ADAS, Data Analytics, Cloud & DevOps, Artificial
Intelligence (AI), and Machine Learning (ML). It is focused on serving fast-growing global companies in primarily 4
industry groups - transportation & mobility, industrial equipment & heavy machinery, medical devices, pharma &
healthcare, and hi-tec industry domains. Over the years the company has built an enviable base of marquee Global
2000 customers. With the changes occurring in the global manufacturing space, Onward Tech enables companies to
become more dynamic, flexible, and efficient while optimising costs significantly. Onward Tech’s flexibility in business
and engagement models provides their clients with agility and significant cost-efficiencies.
Over the last few years, the company has gone through a major transformational journey to get back on the growth
path and have been able to generate robust cash flows to become net debt free. Recently, the company raised growth
capital from a private equity fund, Convergent Capital. The future growth strategy of the company is to focus on high
margin business in Digital Engineering and ER&D Services space by investing in capability development, winning larger
deals by strengthening existing client relationships & acquiring new customers in target markets of North America and
Europe.
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