About Magnasoft
Magnasoft is a company based in Bengaluru (India) founded in 2000 by Bobbie H Kalra and Kush Siddharth Desai. Magnasoft has raised $155.23 thousand across 2 funding rounds from investors including GTV Inc and Veerappa Gangaiah Siddhartha Hegde. Magnasoft operates in a competitive market with competitors including TomTom, HighwayDelite, Tele Atlas, Inpixon and NAVITEL, among others.
- Headquarter Bengaluru, India
- Founders Bobbie H Kalra, Kush Siddharth Desai
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$155.23 K (USD)
in 2 rounds
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Latest Funding Round
$155.23 K (USD), Unspecified
Sep 30, 2014
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Investors
GTV Inc.
& 1 more
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Employee Count
Not available
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People of Magnasoft
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Funding Insights of Magnasoft
Magnasoft has successfully raised a total of $155.23K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $155.23 thousand completed in September 2014. 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 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 |
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3D printing and scanning services are provided to industrial clients.
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VG
Veerappa Gangaiah Siddhartha Hegde |
Founder of Cafe Coffee Day, prominent Indian angel investor
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Locked | Locked | Locked |
Investor details for Magnasoft
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Investments & Acquisitions by Magnasoft
Investment portfolio details for Magnasoft
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Financial Statements - Magnasoft
Detailed financials for Magnasoft
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Magnasoft Comparisons
Peer comparison for Magnasoft
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Competitors of Magnasoft
Magnasoft 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 TomTom, HighwayDelite, Tele Atlas, Inpixon and NAVITEL, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS-based navigation and location mapping solutions are developed.
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Provider of an app-based location tracking platform
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Digital maps and real-time traffic data are supplied globally.
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Provider of sensor fusion systems for visual data analytics and mapping solutions
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Navigation solution provider for connected cars
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GPS-enabled real-time tracking for fleets, devices, and users is offered.
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Detailed competitors of Magnasoft
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Latest news on 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.
Magnasoft is a funded company, having raised a total of $155.23K across 2 funding rounds to date.
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 TomTom, HighwayDelite and TrackNOW.
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.