About Custiv
Custiv is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2019 by Maqsood Mohammed. On-demand manufacturing solutions are offered for distributed production needs. Custiv has raised $498.2 thousand across 1 funding round from investors including Whiteboard Capital, Mehroo Jeejeebhoy Investments and Sonal Bitani. The company has 20 employees. Custiv was last valued at $2.71 million in January 2022. Its chief executive, as recorded, is Maqsood Mohammed. Its Indian entity Custiv Manufacturing Solutions Private Limited reported revenue of ₹36.37 Cr. Custiv offers products and services including CNC Machining, Prototyping, Fabrication, Plastic Injection Molding, and Casting. Its focus areas include Enterprise Applications, Manufacturing Tech, On Demand Manufacturing and Distributed Manufacturing.
Company details
Custiv was founded in 2019 in Bengaluru, India, within the manufacturing sector. A platform is operated where models and specifications, including materials and finishes, are uploaded by users to receive quotes for orders. Products are developed through services such as CNC machining, metal and plastic injection molding, prototyping, casting, fabrication, stamping, and forging. Finished items are then shipped to users across various locations.
- Headquarters Bengaluru, India
- Employees 20
- Founders Maqsood Mohammed
- Stage Minicorn
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website custiv.com
- Social LinkedIn
- Legal Name Custiv Manufacturing Solutions Private Limited
- Date of Incorporation 09 Aug, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹36.37 Cr
FY 2024 · +170% YoY
- Net Loss-₹6.14 Cr
FY 2024 · -17% margin
- EBITDA-₹2.62 Cr
FY 2024 · -7% margin
- Total Equity Funding$498.2K (USD)
in 1 rounds
- Latest Funding Round$498.2K (USD), Seed
Jan 2022
- InvestorsWhiteboard Capital
& 4 more
- Employee Count20
Associated legal entities of Custiv
Custiv operates through Custiv Manufacturing Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Custiv Manufacturing Solutions Private Limited CIN U29305KA2019PTC126977 | Active | 09 Aug 2019 | Bangalore, Karnataka | ₹36.4 Cr | 20 | 3 | View details |
Products & Services of Custiv
Custiv offers a comprehensive portfolio of products and services, including CNC Machining, Prototyping, Fabrication, Plastic Injection Molding, and Casting.
Offers CNC turning, milling, and 5-axis machining for custom parts.
Provides DMLS and vacuum casting for rapid prototype creation.
Includes laser cutting, welding, and bending for industrial fabrication.
Delivers mold making and tooling for plastic component manufacturing.
Specializes in die casting and investment casting processes.
Funding Insights of Custiv
Custiv has successfully raised a total of $498.2K through 1 strategic funding round. The most recent funding activity was a Seed round of $498.2 thousand completed in January 2022. 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 $498,201
- Total Rounds 1
- Last Round Seed — $498,201
- First Round $498,201
(Jan 2022)
- Investors Count 5
All 1 funding rounds of Custiv 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 |
|---|---|---|---|---|---|
| Jan 2022 | $498,201 | Seed | $2.71M | Whiteboard Capital |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $2.71M | •••••••• |
Last known valuation $2.71M (Jan 2022). 5 investors in total: 2 institutional and 3 angel.
Investors in Custiv
Custiv has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Whiteboard Capital, Mehroo Jeejeebhoy Investments and Sonal Bitani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment support is provided to startups by Whiteboard Capital. | 2017 | whiteboardcap.com | Mumbai, India | |
Byramjee Jeejeebhoy offers comprehensive services for buying, selling, and renting residential and commercial properties. | 1987 | bjlimited.com | Mumbai, India | |
SB Sonal Bitani | unknown_d8b83798518344bc8 | |||
AB Arindam Basu | unknown_d348d888f61e4feca | |||
RM Rito Maitra | Angel investor and entrepreneur, focused on tech startups in India. | unknown_2c3431f94857492aa |
Investor details for Custiv
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Custiv Manufacturing Solutions Private Limited (Custiv)
Custiv Manufacturing Solutions Private Limited is the primary company behind Custiv. The board of Custiv Manufacturing Solutions Private Limited currently have 3 directors; the longest-serving is Mohammed Muhiuddeen Maqsood, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammed Muhiuddeen Maqsood DIN 08534531 | Director | 09 Aug 2019 | 7 yrs 2 mo | Custiv Manufacturing Solutions Private Limited |
| Palikara Pradeepan Naveen DIN 10418277 | Director | 07 Dec 2023 | 2 yrs 10 mo | Custiv Manufacturing Solutions Private Limited |
| Ashwin Kumar DIN 11519726 | Director | 03 Feb 2026 | 8 mo | Custiv Manufacturing Solutions Private Limited |
People of Custiv
8 people are tracked at Custiv (3 in leadership, 5 in team); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
| CEO | Leadership | |
| Head of Manufacturing and Production | Leadership | |
Michelle Lopez | Human Resources Executive | Team |
Karan Hejmadi | Full Stack Engineer | Team |
Abhinandhan Gunagi | Quality Engineer | Team |
Ashwin Elavarasan | Manager - Marketing & Strategic Partnerships | Team |
Aishwarya C M | Qa/qc Engineer | Team |
Complete people profiles for Custiv
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Custiv
Figures of Custiv Manufacturing Solutions Private Limited, the primary company behind Custiv, for FY 2024. Revenue was ₹36.37 Cr (+170% year on year). Net loss was -₹6.14 Cr (-17% margin). EBITDA was -₹2.62 Cr (-7% margin). Revenue has grown at a compounded annual rate of +711% over three years.
- ₹36.37 CrRevenue · FY 2024 · +170% YoY
- -₹6.14 CrNet loss · -17% margin
- -₹2.62 CrEBITDA · -7% margin
- ₹6.1 LakhPaid-up capital
- 20Employees (provident fund records)
- +711%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Custiv Manufacturing Solutions Private Limited are on its company page.
Detailed financial statements for Custiv
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Custiv
3 dated milestones of Custiv across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Custiv is founded.
- Funding First funding round of $498K.
- Milestone Reaches Minicorn status.
Web traffic of Custiv
The website of Custiv (custiv.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 58.9% vs previous month
Websites whose visitors overlap most with Custiv. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shaktiindustriesindia.com | shaktiindustriesindia.com | 100% | – | ||
| rkbrasscomponents.com | 96% | View details | |||
indiantradebird.in | indiantradebird.in | 92% | #13,680,839 | – | |
mishkametalcast.com | mishkametalcast.com | 85% | – |
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Frequently Asked Questions about Custiv
Custiv was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Custiv is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Maqsood Mohammed is the CEO of Custiv, as recorded in our data. They have also founded this company.
Custiv is a funded company, having raised a total of $498.2K across 1 funding round to date. The company's 1st funding round was a Seed of $498.2K, raised on Jan 2022.
Custiv has 20 employees.
The primary company behind Custiv, Custiv Manufacturing Solutions Private Limited, reported revenue of ₹36.37 Cr for FY 2024, up 170% year on year.
Custiv was founded in 2019 in Bengaluru, India, within the manufacturing sector. A platform is operated where models and specifications, including materials and finishes, are uploaded by users to receive quotes for orders. Products are developed through services such as CNC machining, metal and plastic injection molding, prototyping, casting, fabrication, stamping, and forging. Finished items are then shipped to users across various locations.
Custiv offers CNC Machining, Prototyping, Fabrication, Plastic Injection Molding, and Casting.
Custiv has 5 investors. Key investors include Whiteboard Capital, Mehroo Jeejeebhoy Investments, Sonal Bitani, Arindam Basu, and Rito Maitra.
The valuation of Custiv is $2.71M as of Jan 2022.
Custiv operates through Custiv Manufacturing Solutions Private Limited.
The legal entities of Custiv currently have 3 directors, including Mohammed Muhiuddeen Maqsood, Palikara Pradeepan Naveen, Ashwin Kumar.