About Magicmind
Magicmind is a company based in Kolkata (India) founded in 2016. It operates as a B2B and Marketplace. The company has 17 employees. Magicmind offers products and services including Custom Software Development, App Development, and Web Development. Magicmind operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Kolkata, India
- Employees 17
- SectorsTechnologyEducation
- Email••••••••
- Phone•••• ••••
- Website magicminds.io
- Social LinkedIn X Facebook Instagram
- Legal Name Magicmind Technologies Limited
- Date of Incorporation 13 Oct, 2016
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹48.6 Lakh
FY 2025 · -72% YoY
- Net Loss-₹2.31 Cr
FY 2025 · -475% margin
- EBITDA-₹2.29 Cr
FY 2025 · -472% margin
- Employee Count17
Associated legal entities of Magicmind
Magicmind operates through Magicmind Technologies Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magicmind Technologies Limited CIN U74110WB2016PLC217969 | Active | 13 Oct 2016 | Kolkata, West Bengal | ₹0.5 Cr | 17 | 3 | View details |
Products & Services of Magicmind
Magicmind offers a comprehensive portfolio of products and services, including Custom Software Development, App Development, and Web Development.
Tailored software solutions to enhance business operations and efficiency
Creation of Android and iOS apps for various industry needs
Building scalable websites and platforms for online businesses
Board of directors of Magicmind Technologies Limited (Magicmind)
Magicmind Technologies Limited is the primary company behind Magicmind. The board of Magicmind Technologies Limited currently have 3 directors; the longest-serving is Rimi Prasad, appointed in 2018. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rimi Prasad DIN 07668990 | Director | 28 Feb 2018 | 8 yrs 7 mo | Magicmind Technologies Limited |
| Surendra Prasad DIN 03611152 | Director | 13 Dec 2018 | 7 yrs 9 mo | Magicmind Technologies Limited |
| Puja Singh DIN 11054355 | Director | 14 Apr 2025 | 1 yr 5 mo | Magicmind Technologies Limited |
People of Magicmind
1 people are tracked at Magicmind (1 in leadership); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
Rajkumar Prasad | MD and Co-Founder | Leadership |
Complete people profiles for Magicmind
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Financials of Magicmind
Figures of Magicmind Technologies Limited, the primary company behind Magicmind, for FY 2025. Revenue was ₹48.6 Lakh (-72% year on year). Net loss was -₹2.31 Cr (-475% margin). EBITDA was -₹2.29 Cr (-472% margin). Revenue has grown at a compounded annual rate of -25% over three years and +2% over five years.
- ₹48.6 LakhRevenue · FY 2025 · -72% YoY
- -₹2.31 CrNet loss · -475% margin
- -₹2.29 CrEBITDA · -472% margin
- ₹5 LakhPaid-up capital
- 17Employees (provident fund records)
- -25%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Magicmind Technologies Limited are on its company page.
Detailed financial statements for Magicmind
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of Magicmind
Magicmind 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| girnarsoft.com | 2007 | Jaipur, India | $570.12M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Magicmind
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Magicmind
The website of Magicmind (magicminds.io) receives about 2.2K visits a month.
- Monthly visits2.2K
▲ 56.2% vs previous month
Similar companies to Magicmind
10 companies that operate in the same segment as Magicmind (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Magicmind
Magicmind was founded in 2016.
Magicmind is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Magicmind has 17 employees.
The primary company behind Magicmind, Magicmind Technologies Limited, reported revenue of ₹48.6 Lakh for FY 2025, down 72% year on year.
Magicminds is a software provider specializing in custom app and web development, digital transformation, and quality engineering services. They deliver innovative solutions for industries like EdTech, FinTech, and Ecommerce, helping businesses automate processes and enhance efficiency. Operating from offices in Kolkata, India, and internationally, they serve clients such as Powerlogy and BongoPay, focusing on scalable technology to drive growth and user satisfaction.
Magicmind's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Magicmind offers Custom Software Development, App Development, and Web Development.
Magicmind operates through Magicmind Technologies Limited.
The legal entities of Magicmind currently have 3 directors, including Rimi Prasad, Surendra Prasad, Puja Singh.