About Mavonic
Mavonic is a company based in Mumbai (India) founded in 2022 by Shashank Singh. It operates as a B2B. The company has 11 employees. Mavonic offers products and services including Closed loop wallets, Payment gateways, Insurance comparison engines, Point of Sale software, and Rewards and loyalty engines. Mavonic operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Mumbai, India
- Employees 11
- Founders Shashank Singh
- SectorsTechnology
- Email••••••••
- Website mavonic.com
- Social LinkedIn
- Legal Name Mavonic Technology Private Limited
- Date of Incorporation 15 Jun, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.01 Cr
FY 2025 · +18% YoY
- Net Profit₹2.3 Lakh
FY 2025 · 1% margin
- EBITDA₹6 Lakh
FY 2025 · 2% margin
- Employee Count11
Associated legal entities of Mavonic
Mavonic operates through Mavonic Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mavonic Technology Private Limited CIN U72900MH2022PTC384568 | Active | 15 Jun 2022 | Mumbai, Maharashtra | ₹3.0 Cr | 11 | 2 | View details |
Products & Services of Mavonic
Mavonic offers a comprehensive portfolio of products and services, including Closed loop wallets, Payment gateways, Insurance comparison engines, Point of Sale software, and Rewards and loyalty engines.
Secure digital wallets for controlled financial transactions in FinTech.
Systems for secure online payment processing and integration.
Tools to compare insurance options efficiently and securely.
Software for transaction handling in retail and financial environments.
Platforms to manage rewards programs for user retention.
Buy Now Pay Later systems for deferred payment options.
Board of directors of Mavonic Technology Private Limited (Mavonic)
Mavonic Technology Private Limited is the primary company behind Mavonic. The board of Mavonic Technology Private Limited currently have 2 directors; the longest-serving is Rashmi Tripathi, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rashmi Tripathi DIN 09616963 | Director | 15 Jun 2022 | 4 yrs 3 mo | Mavonic Technology Private Limited |
| Madhur Rajendra Karnik DIN 09622352 | Director | 15 Jun 2022 | 4 yrs 3 mo | Mavonic Technology Private Limited |
People of Mavonic
1 people are tracked at Mavonic (1 in leadership); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
Shashank Singh | Co-Founder | Leadership |
Complete people profiles for Mavonic
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Financials of Mavonic
Figures of Mavonic Technology Private Limited, the primary company behind Mavonic, for FY 2025. Revenue was ₹3.01 Cr (+18% year on year). Net profit was ₹2.3 Lakh (1% margin). EBITDA was ₹6 Lakh (2% margin).
- ₹3.01 CrRevenue · FY 2025 · +18% YoY
- ₹2.3 LakhNet profit · 1% margin
- ₹6 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- 11Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Mavonic Technology Private Limited are on its company page.
Detailed financial statements for Mavonic
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Competitors of Mavonic
Mavonic 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Mavonic
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Verified entity values are shown only after access is granted.
Web traffic of Mavonic
The website of Mavonic (mavonic.com) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with Mavonic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Mavonic
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
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Similar companies to Mavonic
10 companies that operate in the same segment as Mavonic (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Mavonic
Mavonic was founded in 2022.
Mavonic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mavonic has 11 employees.
The primary company behind Mavonic, Mavonic Technology Private Limited, reported revenue of ₹3.01 Cr for FY 2025, up 18% year on year.
Mavonic is a team of engineers that creates secure, stable, and scalable software for FinTech applications. They emphasize fundamentals like security compliance, easy scalability for growing businesses, serviceability for ongoing maintenance, and system stability through monitoring tools. Based in Mumbai, India, they serve startups and scaleups with products such as payment gateways and wallets, helping clients in financial technology sectors.
Mavonic's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Mavonic offers Closed loop wallets, Payment gateways, Insurance comparison engines, Point of Sale software, and 2 more products and services.
Mavonic operates through Mavonic Technology Private Limited.
The legal entities of Mavonic currently have 2 directors, including Rashmi Tripathi, Madhur Rajendra Karnik.
The website of Mavonic receives about 681 thousand visits a month.