It is expected that the global mobile outreach of active users will reach 7.3 billion by 2014 which is expected to surpass the global population soon. Over 100 countries have the number of cell phone accounts exceeding their population. Where financial institutions and banks are unreachable, mobile is the most viable way out there to reach banks. A handy need to healthcare, education, financial, corporate and other information on mobile has sparked tremendous need of relative mobile applications. Understanding this need, several businesses including the healthcare sector are making a shift from web to mobile.

The increasing reliance on smartphones is pushing these businesses harder to find a shelter under mobile applications specifically developed to cater their business needs and generate revenue growth. The mobile app market in 2012 generated revenue of $12 billion and is expected to reach $63.5 billion by 2017. This shows the class of scope the space beholds for the app development companies. Not only new startups are mushrooming into this space, but the existing web services providers are expanding vertically to offer mobile applications for the major smartphone players of the market like Apple, BlackBerry, Nokia, Windows and Android platforms.

Keeping this in mind, siliconIndia presents you with "20 Most Promising Mobile Application Companies" wherein we bring to you a list of 20 such small companies who are creating buzz in the market with their mobile apps serving specific needs of the customers. A distinguished panel comprising of accomplished Indian CEOs & CIOs, VCs, analysts, founders of established VC funded companies including siliconIndia editorial board decided on the 20 companies listed here.

Company Founder/CEO Founded Description
Bangalore, Karnataka
Rajendra Vattikuti
2001 A provider of design services, mobile services, mobile pay- ments, cloud services and SAP services to enable custom- ers leverage new computing paradigms for rapid outcomes.
Apps Chopper
Noida, Uttar Pradesh
Vikash Sharma
Prashant Singh Sengar
2011 A subsidiary of Sparx IT Solutions that provides mobile application catering to custom mobile apps development for iPhone, iPod, Android, Tablet, Facebook, iPad, Android, BlackBerry and Windows phones.
Eterno Infotech
Bangalore, Karnataka
Chandrashekhar Sohoni & Umesh Kulkarni
2005 A provider of mobile media platforms with focus on enbal- ing Indian languages across various handsets for various media like news, music, video and other over 3G, GPRS and SMS.
GoDB Tech
Chennai, Tamil Nadu
Raja Raman
2000 A provider of mobilty solutions for enterprises and solu- tions based on their proven mobile enterprise application platform.
Bangalore, Karnataka
A provider of mobile solutions for commuters of various modes of transport by using location, motion, and journey awareness technologies and helps people travel cheaper, safer, together and better.
Bangalore, Karnataka
Rajesh Kumar
CEO & Founder
2011 A provider of native and web based mobile application for iOS, Andriod and BlackBerry with services provided on Flash, Flex and AIR platform.
Interworld Commnet
J.K. Menon
Mobile Apps Consulting and Development company for Brand Marketing and workforce enabled services.
Mobisoft Technologies
Noida, Uttar Pradesh
Dr. B. Kumar
2005 A provider of cutting edge mobile applications and technology platforms for iPhone, iPad, Android, BlackBerry, Windows and J2ME.
Bangalore, Karnataka
Lalit Bhise
2007 A developer of web and mobile applications for various platforms to facilitate better, easier and rich applications on the mobile.
Hyderabad, Andhra Pradesh
Kalyan Manyam
2010 A provider of location based mobile app which helps users share their experience with their friends as they move. The app is available on iOS, Android, BlackBerry OS and Windows platform.
Bangalore, Karnataka
Subrah S. Iyar
2012 A provider of productivity and collaboration solutions for per- sonal and business spanning from mobile to desktop. Its app Moxtra App is a mobile-centric social collection and collabora- tion application.
OpenXcell Technolabs
Ahmedabad, Gujarat
Jayneel Patel
Managing Director
2009 An ISO 9001: 2008 certified app development company hav- ing expertise in app development for iPhone, iPad, Android, BlackBerry and Web.
Redbytes Software
Pune, Maharashtra
Altaf Rehmani
2009 A provider of solutions to content owners to package their content into monetizable apps for all major mobile platforms.
Rootwork Systems
Bangalore, Karnataka
Piyush Rawat
Co-Founder & Director
2012 A provider of specialized custom and packaged services for Mobile App development on iOS, Android and Windows 8.
Chennai, Tamil Nadu
2007  A provider of mobile apps across platforms for iPhone, And- riod, BlackBerry and Windows Phone to improve enterprise productivity.
TechAhead Software
Noida, Uttar Pradesh
Vikas Kaushik
2009 A developer of customized mobile applications across variety of platforms namely iPhone, Andriod and Windows Phone app development.
Bangalore, Karnataka
Shyamal Mehta
2005 A provider of software services with a specialized focus on web and mobile product engineering, application development and maintenance services.
Bangalore, Karnataka
Alok Pant
2007 A provider of end to end solution to mobilize business pro- cesses from any enterprise system on any mobile device. Its product suit consists of a Mobile Application Development Platform, RAD tools and mobile applications.
Gurgaon, Haryana
Anil Bakshi
CEO, Xebia India
2001 A provider of enterprise mobility solutions that are robust, secure, scalabale and deliver measurable and sustainable im- provements in business performance.
YQ Labs
Hyderabad, Andhra Pradesh
Venkatesh Mallempudi
2010 An end to end lifecycle mobile solutions provider. Offer services in Developing Mobile apps, the user experience and identifying feature set to resolve customer needs.