About Mantra AI
Mantra AI is a Financial Services company based in Bengaluru (India) founded in 2017 by Kaushalendra Yadav. It operates as a mantra Labs delivers digital engineering, consulting, and transformation services for enterprises. It operates on a B2B model in Financial Services, Technology, and Consumer sectors. The company has 231 employees. Its Indian entity Mantra Labs Private Limited reported revenue of ₹19.57 Cr. Mantra AI offers products and services including Digital Product Engineering, Web Application Development, Mobile Application Development, and Data Science & Engineering. Its focus areas include Finance, BFSI, Banking and Digital Solutions. Similar companies include Tredence, Cigniti, Cambridge Consultants, Nara Logics and Kovio and 3 more; 5 of its 8 listed similar companies have raised funding.
Company details
Mantra Labs is a technology company specializing in digital product engineering, including web and mobile application development, data science, and cloud optimization. They provide consulting and transformation services to help businesses innovate and scale. Operating from locations in the USA and India, they serve industries like BFSI, healthcare, and logistics. Clients include major pharma firms and insurance companies, focusing on efficient tech solutions.
- Annual Revenue₹19.57 Cr
FY 2025 · -25% YoY
- Net Loss-₹38.1 Lakh
FY 2025 · -2% margin
- EBITDA-₹9 Lakh
FY 2025 · 0% margin
- Employee Count231
Associated legal entities of Mantra AI
Mantra AI operates through Mantra Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mantra Labs Private Limited CIN U72200KA2009PTC049142 | Active | 16 Feb 2009 | Bangalore, Karnataka | ₹19.6 Cr | 231 | 3 | View details |
Products & Services of Mantra AI
Mantra AI offers a comprehensive portfolio of products and services, including Digital Product Engineering, Web Application Development, Mobile Application Development, and Data Science & Engineering.
Services for building scalable digital products for enterprises.
Developing applications to connect businesses with users online.
Creating apps for personalized customer journeys and interactions.
Turning data into actionable insights for business decisions.
Apps and channels of Mantra AI
its YouTube channel Mantra Labs has 179 subscribers and 30 videos.
Videos from Mantra AI
The most watched videos on Mantra AI's YouTube channel, Mantra Labs (179 subscribers). Click a video to play it here.
More on Mantra Labs.
Board of directors of Mantra Labs Private Limited (Mantra AI)
Mantra Labs Private Limited is the primary company behind Mantra AI. The board of Mantra Labs Private Limited currently have 3 directors; the longest-serving is Parag Sharma, appointed in 2009. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parag Sharma DIN 02437101 | Director | 16 Feb 2009 | 17 yrs 8 mo | Mantra Labs Private Limited |
| Mikhail Mitra DIN 07927797 | Director | 05 Oct 2017 | 9 yrs | Mantra Labs Private Limited |
| Ravi Misra DIN 05272664 | Director | 29 Apr 2025 | 1 yr 5 mo | Mantra Labs Private Limited |
People of Mantra AI
1 people are tracked at Mantra AI (1 in leadership); the tracked headcount is 231.
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder | Leadership |
Complete people profiles for Mantra AI
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Financials of Mantra AI
Figures of Mantra Labs Private Limited, the primary company behind Mantra AI, for FY 2025. Revenue was ₹19.57 Cr (-25% year on year). Net loss was -₹38.1 Lakh (-2% margin). EBITDA was -₹9 Lakh (0% margin). Revenue has grown at a compounded annual rate of -6% over three years and +8% over five years.
- ₹19.57 CrRevenue · FY 2025 · -25% YoY
- -₹38.1 LakhNet loss · -2% margin
- -₹9 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- 231Employees (provident fund records)
- -6%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mantra Labs Private Limited are on its company page.
Detailed financial statements for Mantra AI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Similar companies to Mantra AI
Mantra AI has 8 listed similar companies in our database, 5 of them funded. They include Tredence, Cigniti, Cambridge Consultants, Nara Logics and Kovio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tredence.com | 2013 | San Jose, United States | $205M | – | AI consulting, supply chain, and customer analytics services are provided. | |
| cigniti.com | 1998 | Irving, United States | – | 3,557 | Independent software testing services are provided with proprietary tools. | |
| cambridgeconsultants.com | 1960 | Cambridge, United Kingdom | $9.32M | 12 | Deep tech innovation and product development services are provided. | |
| naralogics.com | 2011 | Boston, United States | $18.47M | 16 | AI and natural language processing services are provided. | |
| kovio.com | 2001 | San Jose, United States | $119.65M | – | Printed silicon electronics are developed for semiconductor products. | |
| brennanit.com.au | 1997 | Sydney, Australia | – | – | Offers systems integration, managed IT, cybersecurity, and digital transformation services. | |
| truestate.io | 2023 | Sydney, Australia | $1.5M | – | Platform for building AI systems | |
| vacobinary.in | 2017 | Gurugram, India | – | 1,406 | Offers managed IT, processes, and operations services for businesses worldwide. |
Detailed similar companies of Mantra AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Mantra AI (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about Mantra AI
Mantra AI was founded in 2017.
Mantra AI is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mantra AI has 231 employees.
The primary company behind Mantra AI, Mantra Labs Private Limited, reported revenue of ₹19.57 Cr for FY 2025, down 25% year on year.
Mantra Labs is a technology company specializing in digital product engineering, including web and mobile application development, data science, and cloud optimization. They provide consulting and transformation services to help businesses innovate and scale. Operating from locations in the USA and India, they serve industries like BFSI, healthcare, and logistics. Clients include major pharma firms and insurance companies, focusing on efficient tech solutions.
Mantra AI's top competitors include Tredence, Cigniti and Nara Logics.
Mantra AI offers Digital Product Engineering, Web Application Development, Mobile Application Development, and Data Science & Engineering.
Mantra AI operates through Mantra Labs Private Limited.
The legal entities of Mantra AI currently have 3 directors, including Parag Sharma, Ravi Misra, Mikhail Mitra.