About Maq AI
Maq AI is a Technology company based in Hyderabad (India) founded in 2020. It provides comprehensive AI development services. It operates on a B2B model. Its Indian entity Maq Artificial Intelligence Private Limited reported revenue of ₹8.2 Lakh. Its focus areas include Artificial Intelligence, AI Development and Custom Solutions. Its competitors include TaskUs, Hypergiant, Sunshine, Saksoft and VoyagerX and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Maq AI, founded in 2020 in Hyderabad, India, focuses on leveraging cutting-edge technology, developing AI-driven solutions, ai development, and custom solutions. Provides comprehensive AI development services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Hyderabad, India
- SectorsTechnology
- Website maq.ai
- Legal Name Maq Artificial Intelligence Private Limited
- Date of Incorporation 13 Mar, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹8.2 Lakh
FY 2024 · -5% YoY
- Net Loss-₹36,886
FY 2024 · -5% margin
- EBITDA-₹36,886
FY 2024 · -5% margin
Associated legal entities of Maq AI
Maq AI operates through Maq Artificial Intelligence Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maq Artificial Intelligence Private Limited CIN U72900TG2020PTC139755 | Active | 13 Mar 2020 | Hyderabad, Telangana | ₹0.1 Cr | – | 2 | View details |
Board of directors of Maq Artificial Intelligence Private Limited (Maq AI)
Maq Artificial Intelligence Private Limited is the primary company behind Maq AI. The board of Maq Artificial Intelligence Private Limited currently have 2 directors; the longest-serving is Rindu Kanchanapally, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rindu Kanchanapally DIN 08722049 | Director | 13 Mar 2020 | 6 yrs 7 mo | Maq Artificial Intelligence Private Limited |
| Ratna Kumari Bajja DIN 03046349 | Additional Director | 20 Sep 2020 | 6 yrs 1 mo | Maq Artificial Intelligence Private Limited |
Financials of Maq AI
Figures of Maq Artificial Intelligence Private Limited, the primary company behind Maq AI, for FY 2024. Revenue was ₹8.2 Lakh (-5% year on year). Net loss was -₹36,886 (-5% margin). EBITDA was -₹36,886 (-5% margin). Revenue has grown at a compounded annual rate of +88% over three years.
- ₹8.2 LakhRevenue · FY 2024 · -5% YoY
- -₹36,886Net loss · -5% margin
- -₹36,886EBITDA · -5% margin
- ₹1 LakhPaid-up capital
- +88%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Maq Artificial Intelligence Private Limited are on its company page.
Detailed financial statements for Maq AI
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Verified entity values are shown only after access is granted.
Competitors of Maq AI
Maq AI has 9 listed competitors in our database, 6 of them funded. They include TaskUs, Hypergiant, Sunshine, Saksoft and VoyagerX, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| taskus.com | 2008 | San Antonio, United States | $15M | – | Provider of customer care and back office support services for multiple sectors | |
| hypergiant.com | 2017 | Austin, United States | $5M | – | Artificial intelligence and machine learning solutions are developed for enterprises. | |
| sunshine.com | 2018 | Palo Alto, United States | $19.96M | 13 | Phone contacts are managed via an iOS app platform. | |
| saksoft.com | 1999 | Chennai, India | – | 2,118 | IT service suite solutions are provided globally by Saksoft. | |
| voyagerx.com | 2017 | Seoul, South Korea | $39.26M | – | AI-based software solutions are provided through an innovative platform. | |
| tungstenautomation.com | 1985 | Irvine, United States | – | – | Provider of intelligent automation solutions for digital workflow transformation | |
| peopletech.com | 2006 | Redmond, United States | – | – | IT services for ERP, consulting, and data warehousing are provided. | |
| impel.ai | 2011 | Syracuse, United States | $126M | 107 | SaaS marketing solutions are delivered for automotive dealerships. | |
| radius.ai | 2017 | Tempe, United States | $1.64M | 47 | Customer journeys and satisfaction are analyzed via cloud-based AI software. |
Detailed competitors of Maq AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in AI in Software Development
10 companies that operate in the same segment as Maq AI (AI in Software Development), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IT consulting and outsourced managed services are delivered. | 1996 | Dublin, Ireland | USD 106.59 M | USD 9.54 M | 371 | |
AI startup acceleration and networking services are offered globally. | 2017 | Bengaluru, Karnataka, India | – | – | – | |
Scaled Agile is recognized for providing the SAFe framework to enhance business agility. | 2011 | Boulder, Colorado, United States | USD 710.2 K | – | – | |
Offers IT consulting, software development, cloud services, and security solutions. | 2001 | Gurugram, Haryana, India | – | USD 25.43 M | 786 | |
Deep-tech venture capital investments in early-stage companies. | 2016 | Bengaluru, Karnataka, India | – | – | – | |
Provides comprehensive AI and machine learning development services. | 2015 | Ahmedabad, Gujarat, India | – | USD 1.23 M | 52 | |
Investing in student-led projects and innovations in technology and education. | 2020 | Bengaluru, Karnataka, India | – | USD 42.84 K | 1 | |
Software solutions are provided in technology sectors for operational efficiency and security. | 2019 | Noida, Uttar Pradesh, India | – | USD 12.36 B | 118,372 | |
AI-powered deductions management for CPG brands is offered by Glimpse. | 2020 | United States | USD 52.85 M | – | – | |
AI-powered software testing tools for enterprises, focusing on automation and integration with various business systems. | 2016 | Pune, Maharashtra, India | – | USD 1.05 M | 45 |
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Frequently Asked Questions about Maq AI
Maq AI was founded in 2020.
Maq AI is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Maq AI, Maq Artificial Intelligence Private Limited, reported revenue of ₹8.2 Lakh for FY 2024, down 5% year on year.
Maq AI, founded in 2020 in Hyderabad, India, focuses on leveraging cutting-edge technology, developing AI-driven solutions, ai development, and custom solutions. Provides comprehensive AI development services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Maq AI operates through Maq Artificial Intelligence Private Limited.
The legal entities of Maq AI currently have 2 directors, including Rindu Kanchanapally, Ratna Kumari Bajja.