About Mashinga Tech
Mashinga Tech is a company based in Kochi (India) founded in 2013 by Nidal Rashid and Nijil Yesudas. Mashinga Tech has raised $111.48 thousand across 5 funding rounds from investors including SunTec, Pupilfirst and IIIT Hyderabad. Mashinga Tech operates in a competitive market with competitors including Otter.ai, Deepgram, Verbit, Descript and YITU, among others.
- Headquarter Kochi, India
- Founders Nidal Rashid, Nijil Yesudas
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Mashinga Tech Private Limited
- Date of Incorporation 26 Mar, 2013
- Jurisdiction Alappuzha, Kerala, India
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Annual Revenue
$4 K (USD)25.82as on Mar 31, 2017
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Net Profit
-$18.52 K (USD)2.03as on Mar 31, 2017
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EBITDA
-$7.7 K (USD)39.82as on Mar 31, 2017
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Total Equity Funding
$111.48 K (USD)
in 5 rounds
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Latest Funding Round
$33.09 K (USD), Seed
May 30, 2020
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Investors
SunTec
& 4 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 5
- Last Round Seed — $33,091
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Seed - Mashinga Tech | Valuation | SunTec |
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| Sep, 2019 | Amount | Seed - Mashinga Tech | Valuation | SunTec |
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| Oct, 2018 | Amount | Seed - Mashinga Tech | Valuation | IIIT Hyderabad |
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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 |
|---|---|---|---|---|
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Customer relationship and loyalty management solution for financial institutions
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Founded Year | Domain | Location | |
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Information technology courses are offered at undergraduate and postgraduate levels.
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Founded Year | Domain | Location | |
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Startup advisory services provider
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Founded Year | Domain | Location |
Investments & Acquisitions by Mashinga Tech
Financial Statements - Mashinga Tech
Mashinga Tech Comparisons
Competitors of Mashinga Tech
Mashinga Tech 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 Otter.ai, Deepgram, Verbit, Descript and YITU, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based voice transcription for meetings is provided via cloud software.
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| domain | founded_year | HQ Location |
AI-based speech transcription software is provided using deep learning models.
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| domain | founded_year | HQ Location |
Speech recognition applications are developed via cloud-based AI platform.
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| domain | founded_year | HQ Location |
Automated transcribing solution provider for audio files
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| domain | founded_year | HQ Location |
AI-based decision intelligence platforms are provided for multiple sectors.
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| domain | founded_year | HQ Location |
AI-driven transcription of audio and video files is provided.
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Latest news on Mashinga Tech
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.
Annual revenue of Mashinga Tech is $4K as on Mar 31, 2017.
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.