About Commence Mint
Commence Mint is a Consumer company based in Bengaluru (India). Venture development services for early-stage startups focusing on tech ideas, funding, and global scaling. It operates in the Consumer and Financial Services sectors. Commence Mint has raised $195.87 thousand across 1 funding round. Commence Mint offers products and services including Mentoring and Funding. Its focus areas include Technology, Innovation, Global Exposure and Market Expansion. Its legal entity in India is SWORLITE TECHNOLOGIES PRIVATE LIMITED (U72300UP2015PTC074944).
Company details
Commence Mint is established as a venture development firm that supports early-stage startups in transforming disruptive technology ideas into global businesses. An ecosystem is provided, including coaching from world-class mentors, capital through pre-seed investments, and networking opportunities with investors and experts. Programs like the 12-month Commence Program are offered to facilitate incubation, acceleration, and growth, while global exposure and business support services are made available to enhance success rates and scalability.
- Headquarters Bengaluru, India
- SectorsConsumerFinancial Services
- Email••••••••
- Legal Name Sworlite Technologies Private Limited
- Date of Incorporation 09 Dec, 2015
- Jurisdiction Gorakhpur, Uttar Pradesh, India
- Total Equity Funding$195.87K (USD)
in 1 rounds
- Latest Funding Round$195.87K (USD), Seed
Jul 2016
Associated legal entities of Commence Mint
Commence Mint operates through Sworlite Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sworlite Technologies Private Limited CIN U72300UP2015PTC074944 | Strike Off | 09 Dec 2015 | Gorakhpur, Uttar Pradesh | 2 | View details |
Products & Services of Commence Mint
Commence Mint offers a comprehensive portfolio of products and services, including Mentoring and Funding.
Guidance is offered to startups by experienced mentors to address critical business issues and foster entrepreneurial capabilities.
Capital is provided through pre-seed investments and house funds to support startup sustainability and scaling efforts.
Funding Insights of Commence Mint
Commence Mint has successfully raised a total of $195.87K through 1 strategic funding round. The most recent funding activity was a Seed round of $195.87 thousand completed in July 2016. 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 $195,866
- Total Rounds 1
- Last Round Seed — $195,866
- First Round $195,866
(Jul 2016)
All 1 funding rounds of Commence Mint with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2016 | $195,866 | Seed | – | – | – |
Board of directors of Sworlite Technologies Private Limited (Commence Mint)
Sworlite Technologies Private Limited is the primary company behind Commence Mint. The board of Sworlite Technologies Private Limited currently have 2 directors; the longest-serving is Garvit Pahal, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Garvit Pahal DIN 07311432 | Director | 09 Dec 2015 | 10 yrs 10 mo | Sworlite Technologies Private Limited |
| Siddharth Srivastava DIN 07311065 | Director | 09 Dec 2015 | 10 yrs 10 mo | Sworlite Technologies Private Limited |
Top companies in Tech Brands
3 companies that operate in the same segment as Commence Mint (Tech Brands) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Chain of preschool and day-care centers | 2011 | Bengaluru, Karnataka, India | ||||
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Frequently Asked Questions about Commence Mint
Commence Mint is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Commence Mint is a funded company, having raised a total of $195.87K across 1 funding round to date. The company's 1st funding round was a Seed of $195.87K, raised on Jul 2016.
Commence Mint is established as a venture development firm that supports early-stage startups in transforming disruptive technology ideas into global businesses. An ecosystem is provided, including coaching from world-class mentors, capital through pre-seed investments, and networking opportunities with investors and experts. Programs like the 12-month Commence Program are offered to facilitate incubation, acceleration, and growth, while global exposure and business support services are made available to enhance success rates and scalability.
Commence Mint offers Mentoring and Funding.
Commence Mint operates through Sworlite Technologies Private Limited.
The legal entities of Commence Mint currently have 2 directors, including Garvit Pahal, Siddharth Srivastava.