Mantis Technologies

Bengaluru, India Founded: 2007 • Age: 19 yrs
Intelligent transport management solutions are provided for operators and travelers.
Annual revenue $379,668 Latest available
Total funding $2.7M 4 rounds
Employees 55 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Mantis Technologies

Mantis Technologies is a company based in Bengaluru (India) founded in 2007 by Aurvind Lama. Mantis Technologies has raised $2.69 million across 4 funding rounds from investors including Gujarat Venture Finance, Skm Mobility Services and CIIE. The company has 55 employees as of May 07, 2024. Mantis Technologies operates in a competitive market with competitors including The Boring Company, r2p, GreenCell Mobility, Trapeze Group and IVU Traffic Technologies, among others.

  • Headquarter Bengaluru, India
  • Employees 55 as on 07 May, 2024
  • Founders Aurvind Lama
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Mantis Technologies Private Limited
  • Date of Incorporation 20 Apr, 2007
  • Jurisdiction Ahmadabad City, Gujarat, India
Operational Areas
Transportation, Automotive & Logistics → General Mobility & Transit Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $379.67 K (USD)
    -38.89
    as on Mar 31, 2023
  • Net Profit
    $77.25 K (USD)
    132.92
    as on Mar 31, 2023
  • EBITDA
    -$147.37 K (USD)
    -191.49
    as on Mar 31, 2023
  • Total Equity Funding
    $2.69 M (USD)

    in 4 rounds

  • Latest Funding Round
    $70.1 K (USD), Seed

    May 02, 2017

  • Investors
  • Employee Count
    55

    as on May 07, 2024

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Funding Insights of Mantis Technologies

Mantis Technologies has successfully raised a total of $2.69M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $70.1 thousand completed in May 2017. 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 Mantis Technologies

Mantis Technologies has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Gujarat Venture Finance, Skm Mobility Services and CIIE.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are made in Indian startups across multiple sectors.
Locked Locked Locked
-
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Startup incubator
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Investments & Acquisitions by Mantis Technologies

Investments
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Financial Statements - Mantis Technologies

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Mantis Technologies Comparisons

Mantis Technologies Primary company
Description
Intelligent transport management solutions are provided for ...
Location
Bengaluru, India
Founded Year
2007
Annual Revenue
$379.67 K (USD)
Net Profit
$77.25 K (USD)
EBITDA
-$147.37 K (USD)
Employees
55
As of 2024
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Peer comparison for Mantis Technologies

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Competitors of Mantis Technologies

Mantis 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 The Boring Company, r2p, GreenCell Mobility, Trapeze Group and IVU Traffic Technologies, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Underground transit networks are constructed to ease traffic congestion.
Locked Locked Locked
Integrated solutions for public transport management are offered by r2p.
Locked Locked Locked
Provider of e-mobility solutions for commercial transport
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Tech-enabled software solutions are provided for transit operations management.
Locked Locked Locked
Operations management solutions are provided for transit operators.
Locked Locked Locked
Integrated solutions are provided for rail and road transport operators.
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Detailed competitors of Mantis Technologies

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Latest news on Mantis Technologies

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Frequently Asked Questions about Mantis Technologies

Mantis Technologies was founded in 2007 and raised its 1st funding round 4 years after it was founded.

Mantis Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Mantis Technologies is a funded company, having raised a total of $2.69M across 4 funding rounds to date.

As of May 07, 2024, the latest employee count at Mantis Technologies is 55.

Annual revenue of Mantis Technologies is $379.67K as on Mar 31, 2023.

Mantis Technologies was founded in 2007 in Bengaluru, India, within the transportation technology sector. End-to-end solutions for intelligent transport management are offered, including trip scheduling, financial management, and human resources for bus operators. A centralized reservation system is provided for travel agents to handle ticket bookings. Travelers are supported through a dedicated ticket booking engine. Operations focus on streamlining transport processes across various stakeholders.

Mantis Technologies's top competitors include The Boring Company, GreenCell Mobility and IVU Traffic Technologies.

Mantis Technologies has 3 investors. Key investors include Gujarat Venture Finance, Skm Mobility Services, and CIIE.

The valuation of Mantis Technologies is $13.02M as of May 2017.

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