About Magnasoft
Magnasoft is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2000 by Bobbie H Kalra and Kush Siddharth Desai. Technology for smart wearables, mobile, IoT cloud services. It operates in the Industrial Goods & Manufacturing, Technology, and Transportation, Automotive & Logistics sectors. Magnasoft was last valued at $1.41 million in September 2014. Its Indian entity Magnasoft Consulting India Private Limited reported revenue of ₹70.33 Cr. Its focus areas include Consumer, Road Transport Tech, Maps and Diversified. Its competitors include HighwayDelite, Letstrak and TrackNOW; 1 of its 3 listed competitors has raised funding.
Company details
Magnasoft was founded in 2000 and is headquartered in Bengaluru, India. Operations center on technology solutions for smart wearables, mobile devices, IoT, and cloud services within the information technology sector. Key products include Northstar, which provides child safety features such as bus tracking, surveillance, and student attendance management. Magnasoft EDS supports building information modeling, enterprise GIS, automated mapping, asset management, and emergency response systems. Magnasoft Spatial addresses spatial data applications.
- Headquarters Bengaluru, India
- Founders Bobbie H Kalra, Kush Siddharth Desai
- Stage Minicorn
- SectorsIndustrial Goods & ManufacturingTechnology Transportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website magnasoft.com
- Social LinkedIn X Facebook YouTube
- Legal Name Magnasoft Consulting India Private Limited
- Date of Incorporation 24 Mar, 2000
- Annual Revenue₹70.33 Cr
FY 2026 · +3% YoY
- Net Profit₹6.29 Cr
FY 2026 · 9% margin
- EBITDA₹8.57 Cr
FY 2026 · 12% margin
- Latest Funding Round$155.23K (USD), Unspecified
Sep 2014
- InvestorsGTV Inc.
& 1 more
Associated legal entities of Magnasoft
Magnasoft operates through Magnasoft Consulting India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magnasoft Consulting India Private Limited CIN U74140KA2000PTC026735 | Active | 24 Mar 2000 | Bengaluru, Karnataka | ₹70.3 Cr | 563 | 11 | View details |
Apps and channels of Magnasoft
its YouTube channel Magnasoft has 30 subscribers and 14 videos.
Videos from Magnasoft
The most watched videos on Magnasoft's YouTube channel, Magnasoft (30 subscribers). Click a video to play it here.
More on Magnasoft.
Funding Insights of Magnasoft
- Total Rounds 2
- Last Round Unspecified — $155,226
- Investors Count 2
All 2 funding rounds of Magnasoft 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 |
|---|---|---|---|---|---|
| Sep 2014 | $155,226 | Unspecified | $1.41M | Global Technology Ventures | – |
| Jun 2000 | Unspecified | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2014 | $1.41M | •••••••• |
Last known valuation $1.41M (Sep 2014). 2 investors in total: 1 institutional and 1 angel.
Investors in Magnasoft
Magnasoft has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include GTV Inc and Veerappa Gangaiah Siddhartha Hegde.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
3D printing and scanning services are provided to industrial clients. | gtvinc.com | Farmington Hills, United States | ||
VG Veerappa Gangaiah Siddhartha Hegde | Founder of Cafe Coffee Day, prominent Indian angel investor | unknown_a6198a5e45074d009 |
Investor details for Magnasoft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Magnasoft Consulting India Private Limited (Magnasoft)
Magnasoft Consulting India Private Limited is the primary company behind Magnasoft. The board of Magnasoft Consulting India Private Limited currently have 8 directors; the longest-serving is Bobbie H Kalra, appointed in 2000. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bobbie H Kalra DIN 00324575 | Whole-time director | 24 Mar 2000 | 26 yrs 7 mo | Magnasoft Consulting India Private Limited |
| Phaneesh Murthy DIN 00388525 | Director | 21 Jan 2019 | 7 yrs 9 mo | Magnasoft Consulting India Private Limited |
| Rajiv Kuchhal DIN 02257381 | Director | 28 Jan 2019 | 7 yrs 8 mo | Magnasoft Consulting India Private Limited |
| Abraham Mathews DIN 01814618 | Director | 28 Jan 2019 | 7 yrs 8 mo | Magnasoft Consulting India Private Limited |
| Bhupinder Singh DIN 00649946 | Director | 15 Oct 2020 | 6 yrs | Magnasoft Consulting India Private Limited |
| Bhavana DIN 06889934 | Director | 13 Apr 2021 | 5 yrs 6 mo | Magnasoft Consulting India Private Limited |
| Deekshith Malle Gowda Koduvalli DIN 03505388 | Director | 13 Apr 2021 | 5 yrs 6 mo | Magnasoft Consulting India Private Limited |
| Ramesh Govindan Tirumalai DIN 00013358 | Director | 01 Sep 2022 | 4 yrs 1 mo | Magnasoft Consulting India Private Limited |
People of Magnasoft
48 people are tracked at Magnasoft (16 in leadership, 6 in board & advisors, 26 in team).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Kush Siddharth Desai | Founder | Leadership |
Lisa McDonald | Chief Executive Officer | Leadership |
Chris Flanary | Director of Enterprise Applications | Leadership |
Kim Russell | Chief Financial Officer | Leadership |
Larry Schilling | President & COO | Leadership |
Dan Crews | Director of Engineering | Leadership |
Zuhair Hassan | Director of Field Service | Leadership |
Lisa Lashbrook | Director of Human Resources | Leadership |
Ron Lawler | VP of Operations | Leadership |
Ryan Denicourt | Director of Sales | Leadership |
Tanzeem Yousuf Khan | General Manager Information Technology | Leadership |
Matthew Basinger | Director of Compliance & Sustainability | Leadership |
Arun Kumar | Vice President | Leadership |
Sanjoy Das | Vice President & Head Of Technologies | Leadership |
Eric Boyer | Director of Supply Chain | Leadership |
| Non-Executive Director | Board & advisors | |
| Chairman & Non-Executive Director | Board & advisors | |
Shankar Venkataraman | Non-Executive Director | Board & advisors |
Mukund Srinath | Legal Advisor & Trustee, MEWT | Board & advisors |
28 more people are available in the full profile.
Complete people profiles for Magnasoft
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Magnasoft
Figures of Magnasoft Consulting India Private Limited, the primary company behind Magnasoft, for FY 2026. Revenue was ₹70.33 Cr (+3% year on year). Net profit was ₹6.29 Cr (9% margin). EBITDA was ₹8.57 Cr (12% margin). Revenue has grown at a compounded annual rate of +12% over three years and +12% over five years.
- ₹70.33 CrRevenue · FY 2026 · +3% YoY
- ₹6.29 CrNet profit · 9% margin
- ₹8.57 CrEBITDA · 12% margin
- ₹5.56 CrPaid-up capital
- 563Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Magnasoft Consulting India Private Limited are on its company page.
Detailed financial statements for Magnasoft
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Magnasoft
4 dated milestones of Magnasoft across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Magnasoft is founded.
- Funding First funding round.
- Funding Latest funding round, Unspecified, of $155K.
- Milestone Reaches Minicorn status.
Competitors of Magnasoft
Magnasoft has 3 listed competitors in our database, 1 of them funded. They include HighwayDelite, Letstrak and TrackNOW.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| highwaydelite.com | 2014 | Bengaluru, India | 51 | Provider of an app-based location tracking platform | ||
| letstrack.com | 2016 | Delhi, India | $1.7M | GPS-enabled real-time tracking for fleets, devices, and users is offered. | ||
| tracknow.in | 2016 | Ahmedabad, India | 7 | GPS-based tracking systems are provided for vehicles, employees, and assets. |
Detailed competitors of Magnasoft
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 Magnasoft
The website of Magnasoft (magnasoft.com) receives about 5.4K visits a month.
- Monthly visits5.4K
▲ 17.1% vs previous month
Websites whose visitors overlap most with Magnasoft. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| isprs.org | 100% | #336,478 | View details | ||
| intergraph.com | 96% | 15.8K | #1,432,791 | View details | |
urisa.org | urisa.org | 69% | – |
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Related news about Magnasoft
Complete news archive for Magnasoft
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Frequently Asked Questions about Magnasoft
Magnasoft was founded in 2000.
Magnasoft is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Magnasoft, Magnasoft Consulting India Private Limited, reported revenue of ₹70.33 Cr for FY 2026, up 3% year on year.
Magnasoft was founded in 2000 and is headquartered in Bengaluru, India. Operations center on technology solutions for smart wearables, mobile devices, IoT, and cloud services within the information technology sector. Key products include Northstar, which provides child safety features such as bus tracking, surveillance, and student attendance management. Magnasoft EDS supports building information modeling, enterprise GIS, automated mapping, asset management, and emergency response systems. Magnasoft Spatial addresses spatial data applications.
Magnasoft's top competitors include HighwayDelite, TrackNOW and Letstrak.
Magnasoft has 2 investors. Key investors include GTV Inc, and Veerappa Gangaiah Siddhartha Hegde.
The valuation of Magnasoft is $1.41M as of Sep 2014.
Magnasoft operates through Magnasoft Consulting India Private Limited.
The legal entities of Magnasoft currently have 10 directors, including Rajiv Kuchhal, Thoranala Akshatha, Bobbie H Kalra and others.