Very vs L&T Technology Services: full comparison for 2026
Quick verdict
Very (4.2/5) edges ahead of L&T Technology Services (3.8/5) overall. Very is the better choice for funded US product teams, platform-heavy IoT. L&T Technology Services is the stronger option for engineering capacity for industrial and medtech OEMs. The right choice depends on your project size, budget, and required tech stack.
Very vs L&T Technology Services: head-to-head summary
| Criterion | Very | L&T Technology Services |
|---|---|---|
| Founded | 2011 | 2012 |
| HQ | Bozeman, Montana, United States (distributed) | Vadodara, India |
| Team size | 150–250 | 20,000+ |
| Rating | 4.2 / 5 | 3.8 / 5 |
| Primary differentiator | US-only distributed team with strong product management and platform engineering | Large engineering R&D capacity with industrial group backing |
| Pricing model | Time and materials | Time and materials, managed service |
| Min. engagement | $250,000 | Not published |
| Primary tech stack | Embedded C, Elixir, Nerves | Embedded C/C++, Industrial protocols, 5G |
| Industries served | Industrial equipment, Energy, Consumer electronics, Agriculture | Industrial equipment, Healthcare and medical devices, Telecoms, Automotive |
Very vs L&T Technology Services: overview
Very
Very was founded in 2011 by Ben Wald and started out building software and websites before settling on IoT. Its staff work remotely across the US, with Bozeman, Montana listed as its base, and Built In counts 193 employees. The company covers hardware prototyping, firmware, IoT platforms and apps. Its Clutch profile lists a $250,000 minimum project size and $200 to $300 hourly rates.
L&T Technology Services
L&T Technology Services was set up in 2012 as part of the Larsen & Toubro group and is listed in India. It had 23,830 employees at the end of March 2026, with 22 global design centres. It works across transport, industrial products, telecoms, plant engineering and medical devices, with stated focus areas including 5G, digital manufacturing and medtech. IoT appears across these sectors rather than as a separate business.
Services and capabilities: Very vs L&T Technology Services
| Capability | Very | L&T Technology Services |
|---|---|---|
| Electronics & PCB design | ✓ | ✓ |
| Firmware & embedded software | ✓ | ✓ |
| Wireless connectivity | ✗ | ✗ |
| IoT cloud platforms | ✓ | ✓ |
| Mobile & web apps | ✓ | ✗ |
| Edge AI & data | ✓ | ✗ |
| Prototyping & manufacturing support | ✗ | ✗ |
| Dedicated team model | ✗ | ✓ |
Tech stack comparison: Very vs L&T Technology Services
| Framework / platform | Very | L&T Technology Services |
|---|---|---|
| Embedded C | ✓ | ✓ |
| Embedded Linux | N/A | N/A |
| RTOS | N/A | N/A |
| BLE | N/A | N/A |
| LoRaWAN | N/A | N/A |
| AWS IoT | ✓ | ✓ |
| Azure IoT | N/A | ✓ |
| FPGA | N/A | N/A |
Pricing comparison: Very vs L&T Technology Services
| Criterion | Very | L&T Technology Services |
|---|---|---|
| Minimum engagement | $250,000 | Not published |
| Engagement models | Time and materials, Team extension | Dedicated team, Managed service |
| Rate transparency | Minimum disclosed | Not public |
| Price tier | Mid-market | Mid-market |
Target audience comparison: Very vs L&T Technology Services
| Dimension | Very | L&T Technology Services |
|---|---|---|
| Best company size | Startup to mid-market | Startup to mid-market |
| Best industries | Industrial equipment, Energy, Consumer electronics | Industrial equipment, Healthcare and medical devices, Telecoms |
| Best use cases | A funded start-up needs a connected product and platform built by a US team., An energy company wants a fleet monitoring platform. | A medtech OEM needs sustaining engineering., A telecoms firm wants 5G device testing. |
| Typical project type | Time and materials | Dedicated team |
Very vs L&T Technology Services: pros and cons
| Very | |
|---|---|
| + | US-based engineers and product managers |
| + | Strong on cloud platforms and data, not just devices |
| + | Experience taking products from prototype to launch |
| - | $250,000 minimum and $200 to $300 hourly rates rule out most small projects |
| - | Less electronics design depth than dedicated hardware houses |
| L&T Technology Services | |
|---|---|
| + | Big engineering bench at Indian rates |
| + | Industrial heritage from Larsen & Toubro |
| + | Medtech and telecoms experience |
| - | Third-party headcount estimates vary widely |
| - | Better for capacity than for product ownership |
Who should choose Very?
A typical fit: a funded start-up needs a connected product and platform built by a US team.
US-only distributed team with strong product management and platform engineering. Minimum engagement starts at $250,000. Works best with clients in Industrial equipment, Energy, Consumer electronics, Agriculture.
Who should choose L&T Technology Services?
A typical fit: a medtech OEM needs sustaining engineering.
Large engineering R&D capacity with industrial group backing. Minimum engagement is not publicly disclosed. Works best with clients in Industrial equipment, Healthcare and medical devices, Telecoms, Automotive.
Decision matrix: Very vs L&T Technology Services
| Your situation | Recommended choice |
|---|---|
| You need full-ownership delivery on a defined project scope | Both offer fixed-price models |
| You need a large dedicated team for an ongoing programme | L&T Technology Services |
| Your budget is at the lower end | Compare: Very ($250,000) vs L&T Technology Services (Not published) |
| You need specialist depth in a specific vertical | Very |
| You want engineers added to your own in-house team | Very |
| You need the circuit board designed as well as the firmware | Very |
Use case fit: Very vs L&T Technology Services
| Use case | Very fit | L&T Technology Services fit | Winner |
|---|---|---|---|
| A funded start-up needs a connected product and platform built by a US team. | Strong | Limited | Very |
| An energy company wants a fleet monitoring platform. | Strong | Limited | Very |
| A medtech OEM needs sustaining engineering. | Limited | Strong | L&T Technology Services |
| A telecoms firm wants 5G device testing. | Limited | Strong | L&T Technology Services |
| You need custom electronics designed, not only firmware | Strong | Strong | Both equally |
| You want a fixed-price first phase before a longer engagement | Limited | Limited | Both equally |
Verdict: Very vs L&T Technology Services
Very (4.2/5) is the stronger overall choice for most IoT Development projects. US-only distributed team with strong product management and platform engineering.
L&T Technology Services (3.8/5) is worth a look in a scenario like this: a telecoms firm wants 5G device testing. If your situation matches that, L&T Technology Services is a competitive option.
Related comparisons
Very vs L&T Technology Services FAQ
Is Very better than L&T Technology Services?
Very (4.2/5) scores higher overall, but "better" depends on your use case. Very's strongest advantage: US-based engineers and product managers. L&T Technology Services's strongest advantage: big engineering bench at Indian rates.
How do Very and L&T Technology Services differ in pricing?
Very uses time and materials pricing with a minimum engagement of $250,000. L&T Technology Services uses time and materials, managed service pricing. Neither firm publishes a full rate card; a discovery call is required for project-specific quotes.
Which is better for enterprise: Very or L&T Technology Services?
Very is the larger team and typically the better enterprise-scale choice. For very large programmes, verify team size and compliance coverage directly with each company before shortlisting.
What are the main differences between Very and L&T Technology Services?
Very's primary differentiator is: US-only distributed team with strong product management and platform engineering. L&T Technology Services's primary differentiator is: large engineering R&D capacity with industrial group backing. They also differ in team size (150–250 vs 20,000+), minimum engagement ($250,000 vs Not published), and primary industries served (Industrial equipment, Energy vs Industrial equipment, Healthcare and medical devices).
Verify all details directly with each company before making a decision.