About Magnarus Technologies
Magnarus Technologies is a company based in Hyderabad (India) founded in 2016. It operates as a B2B. Magnarus Technologies offers products and services including eCommerce, Application Engineering, Platform Engineering, Mobility Services, and Testing. Magnarus Technologies operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Hyderabad, India
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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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- Legal Name Magnarus Technologies Private Limited
- Date of Incorporation 22 Jan, 2016
- Jurisdiction Secunderabad, Telangana, India
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Annual Revenue
$24.25 K (USD)-56.06as on Mar 31, 2023
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Net Profit
$77.16 (USD)-92.99as on Mar 31, 2023
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EBITDA
$591.84 (USD)-73.2as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Magnarus Technologies
Magnarus Technologies offers a comprehensive portfolio of products and services, including eCommerce, Application Engineering, Platform Engineering, Mobility Services, and Testing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for eCommerce solutions and online retail support.
Building high-performance applications for enterprise needs.
Developing stable platforms for robust software solutions.
Providing enterprise mobility solutions for intelligent systems.
Ensuring quality through testing of applications and platforms.
Funding Insights of Magnarus Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Magnarus Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Magnarus Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magnarus Technologies Comparisons
Competitors of Magnarus Technologies
Magnarus Technologies 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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Integrated digital marketing campaigns are developed and executed across channels.
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Mobile apps and IoT solutions are developed across platforms.
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| domain | founded_year | HQ Location |
IT services for application modernization and development are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Magnarus Technologies
When was Magnarus Technologies founded?
Magnarus Technologies was founded in 2016.
Where is Magnarus Technologies located?
Magnarus Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
What is the annual revenue of Magnarus Technologies?
Annual revenue of Magnarus Technologies is $24.25K as on Mar 31, 2023.
What does Magnarus Technologies do?
Magnarus Technologies delivers IT solutions focused on building scalable applications and stable platforms. They provide services in enterprise mobility and quality testing for robust products. Based in Hyderabad, India, they emphasize intelligent engineering processes and partner with various organizations for development needs.
Who are the top competitors of Magnarus Technologies?
Magnarus Technologies's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Magnarus Technologies offer?
Magnarus Technologies offers eCommerce, Application Engineering, Platform Engineering, Mobility Services, and Testing.