About Amnex
Amnex is a company based in Ahmedabad (India) founded in 2008 by Aneri Patel and Mahesh Karsandas Shah.. Amnex has raised $52.72 million across 2 funding rounds from investors including Riddhi Siddhi Trade Investment and The Wealth Company. The company has 609 employees as of May 04, 2024. Amnex operates in a competitive market with competitors including TGS, SeeTree, SkyWatch, Sentera and Edgybees, among others.
- Headquarter Ahmedabad, India
- Employees 609 as on 04 May, 2024
- Founders Aneri Patel, Mahesh Karsandas Shah
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Sectors
AgricultureTechnology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Amnex Infotechnologies Private Limited
- Date of Incorporation 01 Jan, 2008
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$19.33 M (USD)20.97as on Mar 31, 2023
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Net Profit
$155.5 K (USD)-62.12as on Mar 31, 2023
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EBITDA
$2.94 M (USD)38.27as on Mar 31, 2023
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Total Equity Funding
$52.72 M (USD)
in 2 rounds
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Latest Funding Round
$52 M (USD), Series A
Aug 18, 2025
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Investors
Riddhi Siddhi Trade Investment
& 1 more
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Employee Count
609
as on May 04, 2024
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Funding Insights of Amnex
Amnex has successfully raised a total of $52.72M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $52 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $52.0M
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First Round
First Round
(29 Mar 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series A - Amnex | Valuation |
investors |
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| Mar, 2013 | Amount | Seed - Amnex | Valuation | Riddhi Siddhi Trade Investment |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Amnex
Amnex has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Riddhi Siddhi Trade Investment and The Wealth Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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The Wealth Company is engaged in asset management and mutual funds.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Amnex
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Amnex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Amnex Comparisons
Competitors of Amnex
Amnex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TGS, SeeTree, SkyWatch, Sentera and Edgybees, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
GIS datasets for energy sector exploration and analysis are provided.
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| domain | founded_year | HQ Location |
Tree health is analyzed via machine learning and data-driven solutions.
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| domain | founded_year | HQ Location |
Digital infrastructure for Earth observation data distribution is provided.
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| domain | founded_year | HQ Location |
Drone-based solutions for agricultural monitoring are provided.
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| domain | founded_year | HQ Location |
Real-time geotagging solutions using AR and AI are provided.
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| domain | founded_year | HQ Location |
Geospatial data is stored and accessed through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Amnex
When was Amnex founded?
Amnex was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Where is Amnex located?
Amnex is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Is Amnex a funded company?
Amnex is a funded company, having raised a total of $52.72M across 2 funding rounds to date. The company's 1st funding round was a Seed of $716.43K, raised on Mar 29, 2013.
How many employees does Amnex have?
As of May 04, 2024, the latest employee count at Amnex is 609.
What is the annual revenue of Amnex?
Annual revenue of Amnex is $19.33M as on Mar 31, 2023.
What does Amnex do?
Amnex was founded in 2008 in Ahmedabad, India, as a provider of precision agriculture solutions. A data analytics and visualization platform is utilized to process farm data, enabling insights for decision-making on aspects like weather tracking and crop mapping. Services include GIS mapping platforms, geographical and aerial surveys, data optimization, and advanced analytics. Operations extend to sectors such as logistics, agriculture, mining, construction, transport, and ports.
Who are the top competitors of Amnex?
Amnex's top competitors include Sentera, SkyWatch and Propeller Aerobotics.
Who are Amnex's investors?
Amnex has 2 investors. Key investors include Riddhi Siddhi Trade Investment, and The Wealth Company.
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