Best IoT Development Companies

Very vs Tata Elxsi: full comparison for 2026

Quick verdict

Very (4.2/5) edges ahead of Tata Elxsi (3.9/5) overall. Very is the better choice for funded US product teams, platform-heavy IoT. Tata Elxsi is the stronger option for software-defined vehicles, set-top boxes, large teams. The right choice depends on your project size, budget, and required tech stack.

Very vs Tata Elxsi: head-to-head summary

Criterion Very Tata Elxsi
Founded 2011 1989
HQ Bozeman, Montana, United States (distributed) Bengaluru, India
Team size 150–250 10,000+
Rating 4.2 / 5 3.9 / 5
Primary differentiator US-only distributed team with strong product management and platform engineering Design and embedded engineering at Indian rates with Tata Group backing
Pricing model Time and materials Time and materials, fixed price, dedicated team
Min. engagement $250,000 Not published
Primary tech stack Embedded C, Elixir, Nerves AUTOSAR, Embedded Linux, Android
Industries served Industrial equipment, Energy, Consumer electronics, Agriculture Automotive, Media and broadcast, Healthcare and medical devices, Consumer electronics

Very vs Tata Elxsi: 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.

Tata Elxsi

Tata Elxsi is a listed Tata Group company based in Bengaluru, with revenue of about ₹3,757 crore in the year to March 2026 and a headcount of 11,540. Media and communications is its largest segment. In transport it has won multi-year software-defined vehicle deals in Asia-Pacific and the US. IoT work is spread across these segments, and the company does not report it on its own line.

Services and capabilities: Very vs Tata Elxsi

Capability Very Tata Elxsi
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 Tata Elxsi

Framework / platform Very Tata Elxsi
Embedded C ✓ N/A
Embedded Linux 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 Tata Elxsi

Criterion Very Tata Elxsi
Minimum engagement $250,000 Not published
Engagement models Time and materials, Team extension Dedicated team, Fixed project, Time and materials
Rate transparency Minimum disclosed Not public
Price tier Mid-market Mid-market

Target audience comparison: Very vs Tata Elxsi

Dimension Very Tata Elxsi
Best company size Startup to mid-market Enterprise
Best industries Industrial equipment, Energy, Consumer electronics Automotive, Media and broadcast, Healthcare and medical devices
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 broadcaster needs set-top box software., An automaker wants software-defined vehicle work.
Typical project type Time and materials Dedicated team

Very vs Tata Elxsi: 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
Tata Elxsi
+ Large engineering capacity at low rates
+ Strong in set-top boxes, media devices and vehicle software
+ Listed company with public results
- Attrition rose to 15.8% in Q4 FY26
- IoT is not reported as its own business

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 Tata Elxsi?

A typical fit: a broadcaster needs set-top box software.

Design and embedded engineering at Indian rates with Tata Group backing. Minimum engagement is not publicly disclosed. Works best with clients in Automotive, Media and broadcast, Healthcare and medical devices, Consumer electronics.

Decision matrix: Very vs Tata Elxsi

Your situation Recommended choice
You need full-ownership delivery on a defined project scope Tata Elxsi
You need a large dedicated team for an ongoing programme Tata Elxsi
Your budget is at the lower end Compare: Very ($250,000) vs Tata Elxsi (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 Tata Elxsi

Use case Very fit Tata Elxsi 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 broadcaster needs set-top box software. Limited Strong Tata Elxsi
An automaker wants software-defined vehicle work. Limited Strong Tata Elxsi
You need custom electronics designed, not only firmware Strong Strong Both equally
You want a fixed-price first phase before a longer engagement Limited Strong Tata Elxsi

Verdict: Very vs Tata Elxsi

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.

Tata Elxsi (3.9/5) is worth a look in a scenario like this: an automaker wants software-defined vehicle work. If your situation matches that, Tata Elxsi is a competitive option.

Related comparisons

Very vs Tata Elxsi FAQ

Is Very better than Tata Elxsi?

Very (4.2/5) scores higher overall, but "better" depends on your use case. Very's strongest advantage: US-based engineers and product managers. Tata Elxsi's strongest advantage: large engineering capacity at low rates.

How do Very and Tata Elxsi differ in pricing?

Very uses time and materials pricing with a minimum engagement of $250,000. Tata Elxsi uses time and materials, fixed price, dedicated team pricing. Neither firm publishes a full rate card; a discovery call is required for project-specific quotes.

Which is better for enterprise: Very or Tata Elxsi?

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 Tata Elxsi?

Very's primary differentiator is: US-only distributed team with strong product management and platform engineering. Tata Elxsi's primary differentiator is: design and embedded engineering at Indian rates with Tata Group backing. They also differ in team size (150–250 vs 10,000+), minimum engagement ($250,000 vs Not published), and primary industries served (Industrial equipment, Energy vs Automotive, Media and broadcast).

Verify all details directly with each company before making a decision.