About Maxbyte
Maxbyte is an Industrial Goods & Manufacturing company based in Abu Dhabi (United Arab Emirates) founded in 2016 by Devarajan Latha, Viswanathan Thiyagarajan, Mettupalayam Velumani Saravanakumar, and Ramshankar Coimbatore Somasundaram. Industrial digitalization, robotics, and decarbonization solutions are provided. Maxbyte has raised $6.78 million across 5 funding rounds from investors including e&, Yerravalli Sashipal Reddy and Akash Prakash. The company has 118 employees. Maxbyte was last valued at $6.31 million in September 2020. Its chief executive, as recorded, is Ramshankar Coimbatore Somasundaram. Its Indian entity Maxbyte Technologies Private Limited reported revenue of ₹8.63 Cr. Maxbyte offers products and services including Digitalization Platform, Autonomous Robotics, Sustainability Services, and Training Programs. Its focus areas include Enterprise Applications, Manufacturing Tech, Manufacturing Execution System and Suite.
Company details
Provider of industrial digitalization robotics decarbonization solutions. The company delivers integrated technology services to transform manufacturing and industrial operations through robotics, edge analytics, IIoT integration, and AI tools. It supports digital engineering, smart factory deployment, predictive maintenance, and product lifecycle management within industrial environments. The platform incorporates advisory, software, and hardware components to optimize process efficiency, flexibility, and sustainable performance. Service offerings include technology selection, system integration, training, and remote monitoring to support industrial clients undergoing digital transformation.
- Headquarters Abu Dhabi, United Arab Emirates
- Employees 118
- Founders Devarajan Latha, Viswanathan Thiyagarajan, Mettupalayam Velumani Saravanakumar, Ramshankar Coimbatore Somasundaram
- Stage Minicorn
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website maxbyte.co
- Social LinkedIn X Facebook YouTube
- Legal Name Maxbyte Technologies Private Limited
- Date of Incorporation 14 Jan, 2016
- Jurisdiction Coimbatore, Tamil Nadu, India
- Indian entity revenue₹8.63 Cr
FY 2023 · +8% YoY
- Indian entity net loss-₹93.9 Lakh
FY 2023 · -11% margin
- Indian entity EBITDA₹46.2 Lakh
FY 2023 · 5% margin
- Total Equity Funding$6.78M (USD)
in 5 rounds
- Latest Funding Round$5M (USD), Series A
Aug 2023
- Investorse&
& 18 more
- Employee Count118
Associated legal entities of Maxbyte
Maxbyte is associated with 2 registered companies on The Company Check; the primary company is Maxbyte Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maxbyte Technologies Private Limited CIN U72200TZ2016PTC022184 | Active | 14 Jan 2016 | Coimbatore, Tamil Nadu | ₹8.6 Cr | 118 | 4 | View details |
| Maxbyte Technologies Services Private Limited CIN U62020TN2023PTC159553 | Active | 12 Apr 2023 | Chennai, Tamil Nadu | 2 | View details |
Products & Services of Maxbyte
Maxbyte offers a comprehensive portfolio of products and services, including Digitalization Platform, Autonomous Robotics, Sustainability Services, and Training Programs.
Platform for industrial digitalization using AI and edge devices.
Tools for efficient industrial automation and adaptive controls.
Programs for carbon footprint tracking and energy efficiency.
Courses on Industry 4.0 for career and enterprise upskilling.
Apps and channels of Maxbyte
its YouTube channel The Factory Science has 205 subscribers and 30 videos.
Videos from Maxbyte
The most watched videos on Maxbyte's YouTube channel, The Factory Science (205 subscribers). Click a video to play it here.
More on The Factory Science.
Funding Insights of Maxbyte
Maxbyte has successfully raised a total of $6.78M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in August 2023. 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 $6.78M
- Total Rounds 5
- Last Round Series A — $5M
- First Round $74,129
(May 2016)
- Investors Count 19
All 5 funding rounds of Maxbyte with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2023 | $5M | Series A | – | e& | – |
| Sep 2020 | $1.4M | Angel Round | $6.31M | Yerravalli Sashipal Reddy | |
| Feb 2018 | $225,792 | Seed | $1.86M | Macro Infotech | |
| Jun 2017 | $77,832 | Seed | – | Karthik Devaraj, Khali Alaudeen Seyad Ahamed | |
| May 2016 | $74,129 | Angel Round | – | Saravana Kumar M V | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2020 | $6.31M | •••••••• |
| Feb 2018 | $1.86M | •••••••• |
Last known valuation $6.31M (Sep 2020). 19 investors in total: 3 institutional and 16 angel.
Investors in Maxbyte
Maxbyte has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include e&, Yerravalli Sashipal Reddy and Akash Prakash.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on tech and healthcare startups | 1976 | eand.com | Abu Dhabi, United Arab Emirates | |
It serves as a light theme. | macroinfotech.com | |||
Engineering, science, humanities, and business courses are offered by CIET. | cietcbe.edu.in | Coimbatore, India | ||
YS Yerravalli Sashipal Reddy | unknown_1b331f54eac44e24a | |||
AP Akash Prakash | Indian angel investor, active in tech startups, based in Mumbai. | unknown_1a4a6c78a92a45718 | ||
DR Dhiraj Ramakrishnan | unknown_b5c58692060e4928b | |||
AP Akash Prakash | unknown_78b28c9c2d204cd49 | |||
DR Dhiraj Ramakrishnan | unknown_3f03d1a307bc4b9d9 | |||
KA Khali Alaudeen Seyad Ahamed | unknown_05c288e9c8984864b | |||
HR Hari Ranga Sivaraj | unknown_fd754d2e67e04160b |
Investor details for Maxbyte
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Maxbyte Technologies Private Limited (Maxbyte)
Maxbyte Technologies Private Limited is the primary company behind Maxbyte. The boards of the 2 registered companies of Maxbyte currently have 4 directors; the longest-serving is Viswanathan Thiyagarajan, appointed in 2016. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Viswanathan Thiyagarajan DIN 07343507 | Whole-time director | 14 Jan 2016 | 10 yrs 10 mo | Maxbyte Technologies Private Limited |
| Dhiraj Ramakrishnan DIN 08926058 | Director | 19 Oct 2020 | 6 yrs | Maxbyte Technologies Private Limited |
| Devaraj Surendran DIN 10178265 | Additional Director | 07 Sep 2023 | 3 yrs 2 mo | Maxbyte Technologies Services Private Limited, Maxbyte Technologies Private Limited |
| Devarajan Sri Sabari Nathan DIN 08349918 | Additional Director | 07 Sep 2023 | 3 yrs 2 mo | Maxbyte Technologies Services Private Limited, Maxbyte Technologies Private Limited |
People of Maxbyte
27 people are tracked at Maxbyte (11 in leadership, 16 in team); the tracked headcount is 118.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CTO | Leadership | |
| Co-Founder | Leadership | |
| CPO | Leadership | |
Ramshankar Coimbatore Somasundaram | Co-Founder & CEO | Leadership |
Jeno Rex Antony S | Sales Director- Asia | Leadership |
Ramshankar C S | Chief Executive Officer | Leadership |
| Director - Strategy & Innovation | Leadership | |
| CAO - Chief Autonomous Officer | Leadership | |
Vinoth Kumar Prabhakaran | Chief Digital Officer (CDO) | Leadership |
Viswanathan T | CTO | Leadership |
Aravind tamizh | Pre sales - Associate | Team |
karuppusamy Subramaniyam | Senior Embedded Engineer | Team |
Surya N | Ot-it Engineer | Team |
KANNIMUTHU SUBRAMANIAN கன்னிமுத்து சுப்ரமணியன் | Datascience Consultant | Team |
Achyut Dupare | Senior Ot-it Engineer | Team |
Kirubashankar P | IIoT Software Engineer | Team |
Kishore kumar R D | IIoT software Engineer | Team |
Nagendrababu Manikandan | Flutter Mobile Apps Tech Lead & Full Stack Developer | Team |
Syed Ibrahim | IIOT Software Engineer | Team |
7 more people are available in the full profile.
Complete people profiles for Maxbyte
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Maxbyte
Figures of Maxbyte Technologies Private Limited, the primary company behind Maxbyte, for FY 2023. Revenue was ₹8.63 Cr (+8% year on year). Net loss was -₹93.9 Lakh (-11% margin). EBITDA was ₹46.2 Lakh (5% margin). Revenue has grown at a compounded annual rate of +45% over three years and +42% over five years.
- ₹8.63 CrRevenue · FY 2023 · +8% YoY
- -₹93.9 LakhNet loss · -11% margin
- ₹46.2 LakhEBITDA · 5% margin
- ₹27.8 LakhPaid-up capital
- 118Employees (provident fund records)
- +45%Revenue CAGR, 3 years
- +42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maxbyte Technologies Private Limited are on its company page.
Detailed financial statements for Maxbyte
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Maxbyte
4 dated milestones of Maxbyte across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Maxbyte is founded.
- Funding First funding round of $74K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $5.0M.
Web traffic of Maxbyte
The website of Maxbyte (maxbyte.co) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 95.4% vs previous month
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Related news about Maxbyte
Complete news archive for Maxbyte
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Frequently Asked Questions about Maxbyte
Maxbyte was founded in 2016.
Maxbyte is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
Ramshankar Coimbatore Somasundaram is the CEO of Maxbyte, as recorded in our data. They have also founded this company.
Maxbyte is a funded company, having raised a total of $6.78M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $74.13K, raised on May 2016.
Maxbyte has 118 employees.
The primary company behind Maxbyte, Maxbyte Technologies Private Limited, reported revenue of ₹8.63 Cr for FY 2023, up 8% year on year.
Provider of industrial digitalization robotics decarbonization solutions. The company delivers integrated technology services to transform manufacturing and industrial operations through robotics, edge analytics, IIoT integration, and AI tools. It supports digital engineering, smart factory deployment, predictive maintenance, and product lifecycle management within industrial environments. The platform incorporates advisory, software, and hardware components to optimize process efficiency, flexibility, and sustainable performance. Service offerings include technology selection, system integration, training, and remote monitoring to support industrial clients undergoing digital transformation.
Maxbyte offers Digitalization Platform, Autonomous Robotics, Sustainability Services, and Training Programs.
Maxbyte has 19 investors. Key investors include e&, Yerravalli Sashipal Reddy, Akash Prakash, Dhiraj Ramakrishnan, and Akash Prakash.
The valuation of Maxbyte is $6.31M as of Sep 2020.
Maxbyte is associated with 2 legal entities: Maxbyte Technologies Private Limited, Maxbyte Technologies Services Private Limited.
The legal entities of Maxbyte currently have 4 directors, including Devaraj Surendran, Devarajan Sri Sabari Nathan, Dhiraj Ramakrishnan and others.