Maveric Systems

Chennai, India Founded: 2000 • Age: 26 yrs
AI-powered solutions are provided for financial services transformation.
Annual revenue $71.9M Latest available
Total funding - Funding intelligence
Employees 2563 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Maveric Systems

Maveric Systems is a company based in Chennai (India) founded in 2000 by Mahesh VN, Venkatesh Padmanabhachari, Subramanian NN, and Ranga Reddy. The company has 2,563 employees as of April 05, 2024. Maveric Systems offers products and services including AI@Scale, Operations Transformation, Technology Transformation, and Fraud Detection. Maveric Systems operates in a competitive market with competitors including nCino, ION Group, Tuum, Thought Machine and Backbase, among others.

  • Headquarter Chennai, India
  • Employees 2563 as on 05 Apr, 2024
  • Founders Mahesh VN, Venkatesh Padmanabhachari, Subramanian NN, Ranga Reddy
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Maveric Systems Limited
  • Date of Incorporation 19 Jun, 2000
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $71.92 M (USD)
    19.28
    as on Mar 31, 2023
  • Net Profit
    $5.52 M (USD)
    27.67
    as on Mar 31, 2023
  • EBITDA
    $9.64 M (USD)
    49.37
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    2563

    as on Apr 05, 2024

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Products & Services of Maveric Systems

Maveric Systems offers a comprehensive portfolio of products and services, including AI@Scale, Operations Transformation, Technology Transformation, and Fraud Detection.

Product name locked
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Primary

Manages AI lifecycle for banking operations and efficiency.

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Streamlines financial services with AI for accuracy and savings.

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Accelerates banking tech with AI-driven SDLC solutions.

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Uses AI to detect and prevent fraud in banking systems.

People of Maveric Systems

Headcount 500-1000
Employee Profiles 84
Board Members and Advisors 5
Employee Profiles
People
Kamal Sharma
Senior Vice President And New Business Head - MEA
People
Jeyaprakash S
Senior Business Analyst
People
Mahesh Patil
Senior Project Manager
People
Sriram Sivaraman
Vice President - Tech Engagement & Solution Engineering

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Board Members and Advisors
people
A R Parthasarathy
Board Member
people
V. N. Mahesh
Whole-time Director
people
Madan Mohan
Board Member
people
Arun Jain
Chairman

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Funding Insights of Maveric Systems

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Detailed funding history for Maveric Systems

Round names, dates, amounts, investors, and valuation history require an active premium plan.

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Investments & Acquisitions by Maveric Systems

Investments
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Investment portfolio details for Maveric Systems

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Financial Statements - Maveric Systems

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Detailed financials for Maveric Systems

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Maveric Systems Comparisons

Maveric Systems Primary company
Description
AI-powered solutions are provided for financial services tra...
Location
Chennai, India
Founded Year
2000
Annual Revenue
$71.92 M (USD)
Net Profit
$5.52 M (USD)
EBITDA
$9.64 M (USD)
Employees
2,563
As of 2024
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Peer comparison for Maveric Systems

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Competitors of Maveric Systems

Maveric Systems 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 nCino, ION Group, Tuum, Thought Machine and Backbase, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based API platform for banking operations is provided.
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Treasury management solutions are provided for financial institutions and banks.
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Cloud-native API-first core banking platform is provided for banks.
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Cloud-based platform for core banking is developed via APIs.
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AI-powered banking platforms are provided for operational growth.
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Cloud-based core banking solutions are offered to financial institutions.
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Detailed competitors of Maveric Systems

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Latest news on Maveric Systems

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Frequently Asked Questions about Maveric Systems

Maveric Systems was founded in 2000.

Maveric Systems is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Ranga Reddy is the current CEO of Maveric Systems. They have also founded this company.

As of Apr 05, 2024, the latest employee count at Maveric Systems is 2,563.

Annual revenue of Maveric Systems is $71.92M as on Mar 31, 2023.

Provider of AI-powered solutions for financial services transformation. It offers services across retail banking, corporate banking, and wealth management, focusing on operations and technology upgrades. These solutions encompass real-time onboarding, fraud detection, customer support enhancements, partner integrations, and automated banking processes. The company also provides bespoke application testing and ensures regulatory compliance. Its services leverage data analytics and automation to improve efficiency, accuracy, and cost savings for financial institutions.

Maveric Systems's top competitors include nCino, Thought Machine and Tuum.

Maveric Systems offers AI@Scale, Operations Transformation, Technology Transformation, and Fraud Detection.

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