MageID

Ahmedabad, India Founded: 2015 • Age: 11 yrs
Video-based KYC solutions are delivered for various sectors.
Annual revenue $33.0M Latest available
Total funding - Funding intelligence
Employees 505 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About MageID

MageID is a company based in Ahmedabad (India) founded in 2015 by Hiren Bhandari. The company has 505 employees as of October 05, 2024. MageID operates in a competitive market with competitors including Perfios, Quantexa, Signicat, ComplyAdvantage and IDnow, among others.

  • Headquarter Ahmedabad, India
  • Employees 505 as on 05 Oct, 2024
  • Founders Hiren Bhandari
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Mantra Softech (India) Private Limited
  • Date of Incorporation 06 Apr, 2006
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $33.03 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $3.45 M (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $5.09 M (USD)
    0
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    505

    as on Oct 05, 2024

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Funding Insights of MageID

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Detailed funding history for MageID

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Investments & Acquisitions by MageID

Investments
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Investment portfolio details for MageID

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Financial Statements - MageID

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Mageid Comparisons

MageID Primary company
Description
Video-based KYC solutions are delivered for various sectors.
Location
Ahmedabad, India
Founded Year
2015
Annual Revenue
$33.03 M (USD)
Net Profit
$3.45 M (USD)
EBITDA
$5.09 M (USD)
Employees
505
As of 2024
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Peer comparison for MageID

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Competitors of MageID

MageID 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 Perfios, Quantexa, Signicat, ComplyAdvantage and IDnow, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provides financial technology solutions for data analysis and verification globally.
Locked Locked Locked
AI-powered data and decision intelligence solutions are provided for businesses.
Locked Locked Locked
Software solutions for identity management are provided via APIs.
Locked Locked Locked
Cloud-based anti-money laundering solutions are provided for compliance.
Locked Locked Locked
Automated and expert-led identity verification services are provided.
Locked Locked Locked
AI-based fraud prevention for e-commerce payments is provided.
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Detailed competitors of MageID

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Latest news on Mageid

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Complete news archive for MageID

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Frequently Asked Questions about MageID

MageID was founded in 2015.

MageID is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

As of Oct 05, 2024, the latest employee count at MageID is 505.

Annual revenue of MageID is $33.03M as on Mar 31, 2023.

MageID was founded in 2015 in Ahmedabad, India, focusing on video-based KYC solutions across multiple sectors. Connections between agents and customers are enabled through video calls for ID document verification and biometric examinations. AI-driven face matching is applied during these calls, alongside customer database authentication, Aadhaar card checks, online appointment booking portals, and facial recognition APIs for integration with existing systems. Operations support compliance needs in regulated industries.

MageID's top competitors include ComplyAdvantage, IDnow and Perfios.

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