About MavenAi
MavenAi is a Technology company based in Chennai (India) founded in 2018. It offers AI-based data analysis solutions for the auto insurance industry. It operates on a B2B model. Its Indian entity Mavenai Technologies Private Limited reported revenue of ₹47.8 Lakh. Its focus areas include AI and Data, Data Analysis and Auto Insurance. Its competitors include ACKO, CarIQ and nesh.live; 3 of its 3 listed competitors have raised funding.
Company details
MavenAi, based in Chennai, focuses on leveraging cutting-edge technology, ai and data, data analysis, and auto insurance. Offers AI-based data analysis solutions for the auto insurance industry. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chennai, India
- SectorsTechnology
- Email••••••••
- Website mavenai.in
- Social LinkedIn Facebook
- Legal Name Mavenai Technologies Private Limited
- Date of Incorporation 13 May, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹47.8 Lakh
FY 2024 · +23% YoY
- Net Loss-₹71,223
FY 2024 · -1% margin
- EBITDA-₹36,637
FY 2024 · -1% margin
Associated legal entities of MavenAi
MavenAi operates through Mavenai Technologies 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 |
|---|---|---|---|---|---|---|---|
| Mavenai Technologies Private Limited CIN U72900TN2019PTC129248 | Active | 13 May 2019 | Chennai, Tamil Nadu | ₹0.5 Cr | 2 | View details |
Board of directors of Mavenai Technologies Private Limited (MavenAi)
Mavenai Technologies Private Limited is the primary company behind MavenAi. The board of Mavenai Technologies Private Limited currently have 2 directors; the longest-serving is Ayesha Rehman, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ayesha Rehman DIN 08450804 | Director | 13 May 2019 | 7 yrs 5 mo | Mavenai Technologies Private Limited |
| Shahnaz . DIN 08450805 | Director | 13 May 2019 | 7 yrs 5 mo | Mavenai Technologies Private Limited |
Financials of MavenAi
Figures of Mavenai Technologies Private Limited, the primary company behind MavenAi, for FY 2024. Revenue was ₹47.8 Lakh (+23% year on year). Net loss was -₹71,223 (-1% margin). EBITDA was -₹36,637 (-1% margin). Revenue has grown at a compounded annual rate of +19% over three years.
- ₹47.8 LakhRevenue · FY 2024 · +23% YoY
- -₹71,223Net loss · -1% margin
- -₹36,637EBITDA · -1% margin
- ₹1 LakhPaid-up capital
- +19%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mavenai Technologies Private Limited are on its company page.
Detailed financial statements for MavenAi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of MavenAi
MavenAi has 3 listed competitors in our database, 3 of them funded. They include ACKO, CarIQ and nesh.live.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acko.com | 2016 | Bengaluru, India | $746.17M | 1,261 | Insurance products for vehicles, health, travel, and life are offered. | |
| mycariq.com | 2013 | Pune, India | $16.63M | 2,972 | Vehicle diagnostics solutions are delivered via a SaaS-based OBD platform. | |
| nesh.live | 2012 | Chennai, India | $115,188 | 1,105 | Cloud-based fleet intelligence platform is provided for vehicle data analysis. |
Detailed competitors of MavenAi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in AI in Insurance
3 companies that operate in the same segment as MavenAi (AI in Insurance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides financial technology solutions for data analysis and verification globally. | 2008 | Bengaluru, Karnataka, India | USD 258.77 M | USD 49.65 M | 898 | |
AI-driven healthcare claims processing, fraud detection, and insurance technology services. | 2019 | Sahibzada Ajit Singh Nagar, Punjab, India | USD 661.3 K | 78 | ||
Offers technology tools for insurance sales, distribution, and certification platforms. | 2015 | Thane, Maharashtra, India | USD 55.32 M | 720 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about MavenAi
MavenAi was founded in 2018.
MavenAi is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind MavenAi, Mavenai Technologies Private Limited, reported revenue of ₹47.8 Lakh for FY 2024, up 23% year on year.
MavenAi, based in Chennai, focuses on leveraging cutting-edge technology, ai and data, data analysis, and auto insurance. Offers AI-based data analysis solutions for the auto insurance industry. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
MavenAi operates through Mavenai Technologies Private Limited.
The legal entities of MavenAi currently have 2 directors, including Ayesha Rehman, Shahnaz ..