About Magenta BI
Magenta BI is a company based in Ahmedabad (India) founded in 2018. It operates as a SaaS and B2B. Magenta BI has raised $165.4 thousand across 2 funding rounds from investors including Clohub, Ghanshyam Toshniwal and Manoj Agrawal. The company has 1 employees as of March 31, 2024. Magenta BI offers products and services including Magenta Insights Software, Mobile App, and Web Dashboard. Magenta BI operates in a competitive market with competitors including ThoughtSpot, Tableau, Looker, Percipient and Altamira Technologies, among others.
- Headquarter Ahmedabad, India
- Employees 1 as on 31 Mar, 2024
- Stage Minicorn
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Sectors
Technology
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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 Magenta Connect Private Limited
- Date of Incorporation 31 Aug, 2018
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$96.21 K (USD)41.31as on Mar 31, 2024
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Net Profit
-$193.24 K (USD)-37.84as on Mar 31, 2024
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EBITDA
-$133.71 K (USD)-13.14as on Mar 31, 2024
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Total Equity Funding
$165.4 K (USD)
in 2 rounds
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Latest Funding Round
$53.58 K (USD), Angel Round
Oct 08, 2021
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Investors
Clohub
& 23 more
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Employee Count
1
as on Mar 31, 2024
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Products & Services of Magenta BI
Magenta BI offers a comprehensive portfolio of products and services, including Magenta Insights Software, Mobile App, and Web Dashboard.
Software for generating business reports and insights
App for accessing analytics on mobile devices
Platform for real-time business data visualization
Funding Insights of Magenta BI
Magenta BI has successfully raised a total of $165.4K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $53.58 thousand completed in October 2021. 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.
Investors in Magenta BI
Magenta BI has secured backing from 24 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Clohub, Ghanshyam Toshniwal and Manoj Agrawal.
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Early-stage tech startups are supported via venture capital and acceleration.
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Delivers comprehensive lead generation, data solutions, and customer support services for businesses.
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Non-metallic mineral products are manufactured in Jaipur, India.
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Investor details for Magenta BI
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Investments & Acquisitions by Magenta BI
Investment portfolio details for Magenta BI
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- Portfolio identities
- Transaction dates
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Financial Statements - Magenta BI
Detailed financials for Magenta BI
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- Profit trends
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Magenta Bi Comparisons
Peer comparison for Magenta BI
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Competitors of Magenta BI
Magenta BI 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 ThoughtSpot, Tableau, Looker, Percipient and Altamira Technologies, among others.
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AI-powered text data analytics platform is provided for enterprises.
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Cloud-based visual analytics and data visualization software are provided.
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Cloud-based data integration and visualization platforms are provided for enterprises.
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AI-enabled data analytics solutions are delivered for enterprise use cases.
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Open-source big data fusion, analysis, and visualization platform is developed.
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Visual data analytics platform is offered for enterprise insights.
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Detailed competitors of Magenta BI
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Latest news on Magenta Bi
Complete news archive for Magenta BI
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Frequently Asked Questions about Magenta BI
Magenta BI was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Magenta BI is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Magenta BI is a funded company, having raised a total of $165.4K across 2 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Magenta BI is 1.
Annual revenue of Magenta BI is $96.21K as on Mar 31, 2024.
Magenta Insights is a software platform that offers automated reporting and analytics for trading, distribution, and manufacturing businesses. It integrates with ERPs like Tally and SAP to deliver real-time insights into sales, inventory, payments, and customer data. The tool features customizable dashboards and mobile apps for easy access, helping users make data-driven decisions. Based in Ahmedabad, India, it serves various industries including food and electronics, with over 2000 clients worldwide.
Magenta BI's top competitors include Tableau, ThoughtSpot and Looker.
Magenta BI offers Magenta Insights Software, Mobile App, and Web Dashboard.
Magenta BI has 24 investors. Key investors include Clohub, Ghanshyam Toshniwal, Manoj Agrawal, Ketan Doshi, and Dinesh Pratap Singh Rathore.
The valuation of Magenta BI is $1.28M as of Oct 2021.