About Magnifique Systems
Magnifique Systems is a Technology company based in Ahmedabad (India) founded in 2019 by Morvin Shah. It offers AI, blockchain, and mobile app development for startups and mid-sized companies worldwide. It operates on a B2B model. Its Indian entity Magnifique Systems Private Limited reported revenue of ₹6.2 Lakh. Magnifique Systems offers products and services including AI/ML Development, Big Data Analytics, Blockchain And Web3, Cloud Technologies, and Mobile Apps. Its focus areas include Information Technology, Blockchain and Web3, Integration Services and Decentralized Applications. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Magnifique Systems is a technology services firm headquartered in Ahmedabad, India, with a US subsidiary in Tracy, California. They deliver custom solutions in AIML development, Big Data analytics, Blockchain and Web3 technologies, cloud services, mobile apps, and web development. Serving startups and mid-sized companies globally, they focus on transforming ideas into innovative tech products through structured processes like product discovery, strategy, design, coding, and deployment, ensuring efficient and timely delivery.
- Headquarters Ahmedabad, India
- Founders Morvin Shah
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website magnifiquesystems.com
- Legal Name Magnifique Systems Pvt. Ltd.
- Date of Incorporation 29 Jan, 2019
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹6.2 Lakh
FY 2022 · +117% YoY
- Net Loss-₹3.6 Lakh
FY 2022 · -58% margin
- EBITDA-₹1.4 Lakh
FY 2022 · -23% margin
Associated legal entities of Magnifique Systems
Magnifique Systems operates through Magnifique Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magnifique Systems Private Limited CIN U72900GJ2019PTC106314 | Active | 29 Jan 2019 | Ahmedabad, Gujarat | ₹0.1 Cr | 3 | View details |
Products & Services of Magnifique Systems
Magnifique Systems offers a comprehensive portfolio of products and services, including AI/ML Development, Big Data Analytics, Blockchain And Web3, Cloud Technologies, and Mobile Apps.
Provides AI and machine learning solutions for business innovation and efficiency.
Offers analytics tools to process and derive insights from large datasets.
Develops secure blockchain applications for decentralized systems and transactions.
Manages cloud infrastructure for scalable and reliable business operations.
Creates custom mobile applications for enhanced user experiences and functionality.
Builds responsive websites and web platforms for online business needs.
Board of directors of Magnifique Systems Private Limited (Magnifique Systems)
Magnifique Systems Private Limited is the primary company behind Magnifique Systems. The board of Magnifique Systems Private Limited currently have 3 directors; the longest-serving is Morvin Pankajbhai Shah, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Morvin Pankajbhai Shah DIN 08345774 | Director | 29 Jan 2019 | 7 yrs 9 mo | Magnifique Systems Private Limited |
| Pankaj Jayantilal Shah DIN 08345775 | Director | 29 Jan 2019 | 7 yrs 9 mo | Magnifique Systems Private Limited |
| Kusumben Pankaj Shah DIN 08345776 | Director | 29 Jan 2019 | 7 yrs 9 mo | Magnifique Systems Private Limited |
People of Magnifique Systems
1 people are tracked at Magnifique Systems (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Magnifique Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Magnifique Systems
Figures of Magnifique Systems Private Limited, the primary company behind Magnifique Systems, for FY 2022. Revenue was ₹6.2 Lakh (+117% year on year). Net loss was -₹3.6 Lakh (-58% margin). EBITDA was -₹1.4 Lakh (-23% margin).
- ₹6.2 LakhRevenue · FY 2022 · +117% YoY
- -₹3.6 LakhNet loss · -58% margin
- -₹1.4 LakhEBITDA · -23% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Magnifique Systems Private Limited are on its company page.
Detailed financial statements for Magnifique Systems
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
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Competitors of Magnifique Systems
Magnifique Systems has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Magnifique Systems
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Frequently Asked Questions about Magnifique Systems
Magnifique Systems was founded in 2019.
Magnifique Systems is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Magnifique Systems, Magnifique Systems Private Limited, reported revenue of ₹6.2 Lakh for FY 2022, up 117% year on year.
Magnifique Systems is a technology services firm headquartered in Ahmedabad, India, with a US subsidiary in Tracy, California. They deliver custom solutions in AIML development, Big Data analytics, Blockchain and Web3 technologies, cloud services, mobile apps, and web development. Serving startups and mid-sized companies globally, they focus on transforming ideas into innovative tech products through structured processes like product discovery, strategy, design, coding, and deployment, ensuring efficient and timely delivery.
Magnifique Systems's top competitors include Happiest Minds and Datamatics.
Magnifique Systems offers AI/ML Development, Big Data Analytics, Blockchain And Web3, Cloud Technologies, and 2 more products and services.
Magnifique Systems operates through Magnifique Systems Private Limited.
The legal entities of Magnifique Systems currently have 3 directors, including Morvin Pankajbhai Shah, Pankaj Jayantilal Shah, Kusumben Pankaj Shah.