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
*********
-
Website
*********
- Legal Name Mantis Technologies Private Limited
- Date of Incorporation 20 Apr, 2007
- Jurisdiction Ahmadabad City, Gujarat, India
-
Annual Revenue
$379.67 K (USD)-38.89as on Mar 31, 2023
-
Net Profit
$77.25 K (USD)132.92as on Mar 31, 2023
-
EBITDA
$-147.37 K (USD)-191.49as 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
Gujarat Venture Finance
& 2 more
-
Employee Count
55
as on May 07, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $70,100
-
First Round
First Round
(02 Feb 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Seed - Mantis Technologies | Valuation | Skm Mobility Services |
|
| Jan, 2016 | Amount | Seed - Mantis Technologies | Valuation | Skm Mobility Services |
|
| Sep, 2013 | Amount | Seed - Mantis Technologies | Valuation | Gujarat Venture Finance |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments are made in Indian startups across multiple sectors.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Startup incubator
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mantis Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Mantis Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mantis Technologies Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Underground transit networks are constructed to ease traffic congestion.
|
|
| domain | founded_year | HQ Location |
Integrated solutions for public transport management are offered by r2p.
|
|
| domain | founded_year | HQ Location |
Provider of e-mobility solutions for commercial transport
|
|
| domain | founded_year | HQ Location |
Tech-enabled software solutions are provided for transit operations management.
|
|
| domain | founded_year | HQ Location |
Operations management solutions are provided for transit operators.
|
|
| domain | founded_year | HQ Location |
Integrated solutions are provided for rail and road transport operators.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Mantis Technologies
When was Mantis Technologies founded?
Mantis Technologies was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is Mantis Technologies located?
Mantis Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Mantis Technologies a funded company?
Mantis Technologies is a funded company, having raised a total of $2.69M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.1M, raised on Feb 02, 2011.
How many employees does Mantis Technologies have?
As of May 07, 2024, the latest employee count at Mantis Technologies is 55.
What is the annual revenue of Mantis Technologies?
Annual revenue of Mantis Technologies is $379.67K as on Mar 31, 2023.
What does Mantis Technologies do?
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.
Who are the top competitors of Mantis Technologies?
Mantis Technologies's top competitors include The Boring Company, GreenCell Mobility and IVU Traffic Technologies.
Who are Mantis Technologies's investors?
Mantis Technologies has 3 investors. Key investors include Gujarat Venture Finance, Skm Mobility Services, and CIIE.
What is Mantis Technologies's valuation?
The valuation of Mantis Technologies is $13.02M as of May 2017.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.