About Mashinga Tech
Mashinga Tech is a Technology company based in Kochi (India) founded in 2013 by Nidal Rashid and Nijil Yesudas. It operates as a real-time conversation translation for meetings is provided by AI assistants. Mashinga Tech has raised $111.48 thousand across 5 funding rounds from investors including SunTec, Pupilfirst and IIIT Hyderabad. Mashinga Tech was last valued at $1.28 million in May 2020. Its chief executive is Nijil Yesudas. Its Indian entity Mashinga Tech Private Limited reported revenue of ₹2.6 Lakh. Its focus areas include High Tech, Speech and Voice Recognition, Applications and Speech to Text. Its competitors include Otter.ai, Deepgram, Verbit, Descript and YITU and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Mashinga Tech was founded in 2013 in Kochi, India, focusing on AI-driven tools for meeting assistance in the technology sector. Speech-to-text translation is enabled for conversations, with features including accent detection, speaker identification, real-time transcription, and workflow management. Operations encompass data deployment, agent assistance analysis, and automated call resolution to support efficient communication processes.
- Headquarters Kochi, India
- Founders Nidal Rashid, Nijil Yesudas
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Website mashinga.com
- Social LinkedIn X
- Legal Name Mashinga Tech Private Limited
- Date of Incorporation 26 Mar, 2013
- Jurisdiction Alappuzha, Kerala, India
- Annual Revenue₹2.6 Lakh
FY 2017 · +26% YoY
- Net Loss-₹11.8 Lakh
FY 2017 · -463% margin
- EBITDA-₹4.9 Lakh
FY 2017 · -193% margin
- Total Equity Funding$111.48K (USD)
in 5 rounds
- Latest Funding Round$33.09K (USD), Seed
May 2020
- InvestorsSunTec
& 4 more
Associated legal entities of Mashinga Tech
Mashinga Tech operates through Mashinga Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mashinga Tech Private Limited CIN U72200KL2013PTC033625 | Active | 26 Mar 2013 | Alappuzha, Kerala | ₹0.0 Cr | – | 3 | View details |
Funding Insights of Mashinga Tech
Mashinga Tech has successfully raised a total of $111.48K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $33.09 thousand completed in May 2020. 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 $111,484
- Total Rounds 5
- Last Round Seed — $33,091
- Investors Count 5
All 5 funding rounds of Mashinga Tech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2020 | $33,091 | Seed | $1.28M | SunTec | – |
| Sep 2019 | $35,071 | Seed | $891,460 | SunTec | – |
| Oct 2018 | – | Seed | $••••• | IIIT Hyderabad | – |
| Mar 2018 | $43,322 | Seed | $••••• | Ritesh Malik | |
| Jan 2013 | – | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2020 | $1.28M | •••••••• |
Last known valuation $1.28M (May 2020). 5 investors in total: 4 institutional and 1 angel.
Investors in Mashinga Tech
Mashinga Tech has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include SunTec, Pupilfirst and IIIT Hyderabad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Customer relationship and loyalty management solution for financial institutions | 1990 | suntecgroup.com | Thiruvananthapuram, India | |
Information technology courses are offered at undergraduate and postgraduate levels. | 1998 | iiit.ac.in | Hyderabad, India | |
Startup advisory services provider | 2016 | xseedpartners.com | Hyderabad, India | |
A SaaS-based learning management system is provided for education. | 2011 | pupilfirst.org | Ernakulam, India | |
RM Ritesh Malik | Founder of Innov8, active angel investor in Indian startups | – | unknown_4b7c172f583e4a3eb | - |
Investor details for Mashinga Tech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Mashinga Tech Private Limited (Mashinga Tech)
Mashinga Tech Private Limited is the primary company behind Mashinga Tech. The board of Mashinga Tech Private Limited currently have 3 directors; the longest-serving is Nidal Rashid, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nidal Rashid DIN 06470452 | Director | 26 Mar 2013 | 13 yrs 6 mo | Mashinga Tech Private Limited |
| Sree Kumar DIN 06470459 | Director | 26 Mar 2013 | 13 yrs 6 mo | Mashinga Tech Private Limited |
| Nijil DIN 06470457 | Director | 26 Mar 2013 | 13 yrs 6 mo | Mashinga Tech Private Limited |
People of Mashinga Tech
2 people are tracked at Mashinga Tech (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Nijil Yesudas | Co-Founder & CEO | Leadership |
Complete people profiles for Mashinga Tech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Mashinga Tech
Figures of Mashinga Tech Private Limited, the primary company behind Mashinga Tech, for FY 2017. Revenue was ₹2.6 Lakh (+26% year on year). Net loss was -₹11.8 Lakh (-463% margin). EBITDA was -₹4.9 Lakh (-193% margin).
- ₹2.6 LakhRevenue · FY 2017 · +26% YoY
- -₹11.8 LakhNet loss · -463% margin
- -₹4.9 LakhEBITDA · -193% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mashinga Tech Private Limited are on its company page.
Detailed financial statements for Mashinga Tech
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Timeline of Mashinga Tech
4 dated milestones of Mashinga Tech across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Mashinga Tech is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $33K.
- Milestone Reaches Minicorn status.
Competitors of Mashinga Tech
Mashinga Tech has 9 listed competitors in our database, 9 of them funded. They include Otter.ai, Deepgram, Verbit, Descript and YITU, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| otter.ai | 2016 | Los Altos, United States | $70M | – | AI-based voice transcription for meetings is provided via cloud software. | |
| deepgram.com | 2015 | San Francisco, United States | $85.92M | 107 | AI-based speech transcription software is provided using deep learning models. | |
| verbit.ai | 2017 | New York, United States | $550M | 535 | Speech recognition applications are developed via cloud-based AI platform. | |
| descript.com | 2017 | San Francisco, United States | $100.59M | 123 | Automated transcribing solution provider for audio files | |
| yitutech.com | 2012 | Xuhui, China | $385.07M | – | AI-based decision intelligence platforms are provided for multiple sectors. | |
| trint.com | 2014 | London, United Kingdom | $27.18M | 98 | AI-driven transcription of audio and video files is provided. | |
| transcribeme.com | 2011 | San Francisco, United States | $9.6M | – | Audio speech is converted to searchable text by TranscribeMe. | |
| 3playmedia.com | 2007 | United States | $961,601 | 174 | Captioning, transcription, and translation solutions are supplied to enterprises. | |
| vocitec.com | 2006 | Pittsburgh, United States | $17.51M | 44 | Hardware accelerated speech recognition technology |
Detailed competitors of Mashinga Tech
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Top companies in Natural Language & Voice AI
10 companies that operate in the same segment as Mashinga Tech (Natural Language & Voice AI), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 180.07 B | – | 11,115 | |
Provider of AI and cloud based contact center suite solutions | 2001 | San Ramon, California, United States | USD 84.1 M | USD 1.15 B | 3,070 | |
A platform for the AI community to collaborate and build. | 2016 | Paris, Ile de France, France | USD 399.91 M | – | 1,142 | |
AI-based voice transcription for meetings is provided via cloud software. | 2016 | Los Altos, California, United States | USD 390 M | – | – | |
AI based text summarization and contextualization software tool | 2015 | San Francisco, California, United States | USD 222.7 M | – | 194 | |
Predictive marketing and sales platform | 1990 | San Francisco, California, United States | USD 332.76 M | – | – | |
Text data analytics platform powered by AI for enterprises. | 2019 | Toronto, Ontario, Canada | USD 1.54 B | – | 1,221 | |
Chorus.ai provides conversation intelligence software for sales teams. | 2015 | San Francisco, California, United States | USD 100.3 M | – | 18 | |
AI-based dubbing and subtitling solutions are provided for video content. | 2017 | London, England, United Kingdom | USD 536.3 M | USD 149.28 K | 886 | |
SaaS-based language learning solutions are offered through interactive courses. | 2007 | Berlin, Berlin, Germany | USD 34.2 M | – | – |
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Related news about Mashinga Tech
Complete news archive for Mashinga Tech
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Frequently Asked Questions about Mashinga Tech
Mashinga Tech was founded in 2013.
Mashinga Tech is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Nijil Yesudas is the current CEO of Mashinga Tech. They have also founded this company.
Mashinga Tech is a funded company, having raised a total of $111.48K across 5 funding rounds to date.
The primary company behind Mashinga Tech, Mashinga Tech Private Limited, reported revenue of ₹2.6 Lakh for FY 2017, up 26% year on year.
Mashinga Tech was founded in 2013 in Kochi, India, focusing on AI-driven tools for meeting assistance in the technology sector. Speech-to-text translation is enabled for conversations, with features including accent detection, speaker identification, real-time transcription, and workflow management. Operations encompass data deployment, agent assistance analysis, and automated call resolution to support efficient communication processes.
Mashinga Tech has 5 investors. Key investors include SunTec, Pupilfirst, IIIT Hyderabad, Xseed Partners, and Ritesh Malik.
The valuation of Mashinga Tech is $1.28M as of May 2020.
Mashinga Tech operates through Mashinga Tech Private Limited.
The legal entities of Mashinga Tech currently have 3 directors, including Nidal Rashid, Sree Kumar, Nijil.