About Matayo AI
Matayo AI is a Financial Services company based in India. Web-based policy administration software for the insurance industry. It operates on a B2B model. The company has 1 employees. Its Indian entity Matayo Ai Solutions Private Limited reported revenue of ₹2.16 Cr. Its focus areas include Technology, Software, FinTech and Insurance Administration. Its competitors include CoverSure and Chisel; 1 of its 2 listed competitors has raised funding.
Company details
Matayo AI operates with a B2B model, focusing on leveraging cutting-edge technology, software, innovating financial technology, and insurance administration. Web-based policy administration software for the insurance industry. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters India
- Employees 1
- SectorsFinancial Services
- Website matayo-ai.com
- Legal Name Matayo Ai Solutions Private Limited
- Date of Incorporation 24 Aug, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.16 Cr
FY 2024 · +1112% YoY
- Net Profit₹1.1 Lakh
FY 2024 · 1% margin
- EBITDA₹1.5 Lakh
FY 2024 · 1% margin
- Employee Count1
Associated legal entities of Matayo AI
Matayo AI operates through Matayo Ai Solutions 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 |
|---|---|---|---|---|---|---|---|
| Matayo Ai Solutions Private Limited CIN U72900KA2020PTC137608 | Active | 24 Aug 2020 | Bangalore, Karnataka | ₹2.2 Cr | 2 | View details |
Board of directors of Matayo Ai Solutions Private Limited (Matayo AI)
Matayo Ai Solutions Private Limited is the primary company behind Matayo AI. The board of Matayo Ai Solutions Private Limited currently have 2 directors; the longest-serving is Sudhakar Gundepudi, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sudhakar Gundepudi DIN 08845286 | Director | 24 Aug 2020 | 6 yrs 2 mo | Matayo Ai Solutions Private Limited |
| Shobha Gundepudi DIN 10227305 | Director | 02 Dec 2023 | 2 yrs 10 mo | Matayo Ai Solutions Private Limited |
Financials of Matayo AI
Figures of Matayo Ai Solutions Private Limited, the primary company behind Matayo AI, for FY 2024. Revenue was ₹2.16 Cr (+1112% year on year). Net profit was ₹1.1 Lakh (1% margin). EBITDA was ₹1.5 Lakh (1% margin). Revenue has grown at a compounded annual rate of +1193% over three years.
- ₹2.16 CrRevenue · FY 2024 · +1112% YoY
- ₹1.1 LakhNet profit · 1% margin
- ₹1.5 LakhEBITDA · 1% margin
- ₹10,000Paid-up capital
- +1193%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Matayo Ai Solutions Private Limited are on its company page.
Detailed financial statements for Matayo AI
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Competitors of Matayo AI
Matayo AI has 2 listed competitors in our database, 1 of them funded. They include CoverSure and Chisel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coversure.in | 2023 | Mumbai, India | $4.26M | 45 | Provider of insurance products, risk assessment, policy management, and advisory services | |
| chisel.co.in | 2015 | Bengaluru, India | A chain of fitness studios is operated in Bengaluru, India. |
Detailed competitors of Matayo AI
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- Operating metrics
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Web traffic of Matayo AI
The website of Matayo AI (matayo-ai.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 17.5% vs previous month
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Matayo AI (Insurance & Risk Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | USD 15.24 B | 126 |
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Frequently Asked Questions about Matayo AI
Matayo AI is headquartered in India.
Matayo AI has 1 employees.
The primary company behind Matayo AI, Matayo Ai Solutions Private Limited, reported revenue of ₹2.16 Cr for FY 2024, up 1112% year on year.
Matayo AI operates with a B2B model, focusing on leveraging cutting-edge technology, software, innovating financial technology, and insurance administration. Web-based policy administration software for the insurance industry. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Matayo AI operates through Matayo Ai Solutions Private Limited.
The legal entities of Matayo AI currently have 2 directors, including Shobha Gundepudi, Sudhakar Gundepudi.