About Maximus
Maximus is a company based in Mumbai (India) founded in 2007 by Uma Shankar and Venkatanarayanan Shankar. It operates as a SaaS (Software-as-a-Service), Managed Services, and FinTech. Maximus has raised $1.53 million across 2 funding rounds from investors including SIDBI Venture Capital. The company has 98 employees. Maximus offers products and services including Maximus ASTRA, Maximus PAYRAKAM, Maximus SURAKSHA, Maximus TRACE, and Maximus KSHAN. Maximus operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Mumbai, India
- Employees 98
- Founders Uma Shankar, Venkatanarayanan Shankar
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website maximusinfoware.in
- Social LinkedIn X Facebook
- Legal Name Maximus Infoware (India) Private Limited
- Date of Incorporation 27 Jul, 2007
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹56.67 Cr
FY 2025 · +9% YoY
- Net Profit₹4.87 Cr
FY 2025 · 9% margin
- EBITDA₹8.60 Cr
FY 2025 · 15% margin
- Total Equity Funding$1.53M (USD)
in 2 rounds
- Latest Funding Round$615.01K (USD), Seed
Oct 2017
- Investors
- Employee Count98
Associated legal entities of Maximus
Maximus operates through Maximus Infoware (India) 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 |
|---|---|---|---|---|---|---|---|
| Maximus Infoware (India) Private Limited CIN U74140MH2007PTC172653 | Active | 27 Jul 2007 | Thane, Maharashtra | ₹56.7 Cr | 98 | 3 | View details |
Products & Services of Maximus
Maximus offers a comprehensive portfolio of products and services, including Maximus ASTRA, Maximus PAYRAKAM, Maximus SURAKSHA, Maximus TRACE, and Maximus KSHAN.
Instantaneous payment systems are offered through multiple channels.
Comprehensive digital payment solutions are provided for banks.
Next-gen fraud risk management is delivered through technology.
Total automation of reconciliation processes is provided daily.
Interactive self-service kiosks are offered for customer experience.
Funding Insights of Maximus
Maximus has successfully raised a total of $1.53M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $615.01 thousand completed in October 2017. 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 $1.53M
- Total Rounds 2
- Last Round Seed — $615,012
- First Round $918,204
(Aug 2015)
- Investors Count 1
All 2 funding rounds of Maximus 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 |
|---|---|---|---|---|---|
| Oct 2017 | $615,012 | Seed | $6.15M | SIDBI Venture Capital | – |
| Aug 2015 | $918,204 | Seed | $4.58M | SIDBI Venture Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2017 | $6.15M | •••••••• |
| Aug 2015 | $4.58M | •••••••• |
Last known valuation $6.15M (Oct 2017). 1 investors in total: 1 institutional.
Investors in Maximus
Maximus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SIDBI Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital management for SMEs and startups in India. | 1999 | sidbiventure.co.in | Mumbai, India |
Investor details for Maximus
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Board of directors of Maximus Infoware (India) Private Limited (Maximus)
Maximus Infoware (India) Private Limited is the primary company behind Maximus. The board of Maximus Infoware (India) Private Limited currently have 3 directors; the longest-serving is Shankar Venkatanarayanan, appointed in 2007. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shankar Venkatanarayanan DIN 00040464 | Managing Director | 27 Jul 2007 | 19 yrs 2 mo | Maximus Infoware (India) Private Limited |
| Uma Shankar DIN 01648839 | Director | 27 Jul 2007 | 19 yrs 2 mo | Maximus Infoware (India) Private Limited |
| Kiran Vittal Poojary DIN 00182328 | Nominee Director | 21 May 2025 | 1 yr 4 mo | Maximus Infoware (India) Private Limited |
People of Maximus
2 people are tracked at Maximus (2 in leadership); the tracked headcount is 98.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder, CEO & MD | Leadership |
Complete people profiles for Maximus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Financials of Maximus
Figures of Maximus Infoware (India) Private Limited, the primary company behind Maximus, for FY 2025. Revenue was ₹56.67 Cr (+9% year on year). Net profit was ₹4.87 Cr (9% margin). EBITDA was ₹8.60 Cr (15% margin). Revenue has grown at a compounded annual rate of +20% over three years and +24% over five years.
- ₹56.67 CrRevenue · FY 2025 · +9% YoY
- ₹4.87 CrNet profit · 9% margin
- ₹8.60 CrEBITDA · 15% margin
- ₹1.11 CrPaid-up capital
- 98Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maximus Infoware (India) Private Limited are on its company page.
Detailed financial statements for Maximus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Maximus
4 dated milestones of Maximus across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Maximus is founded.
- Funding First funding round of $918K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $615K.
Competitors of Maximus
Maximus 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| razorpay.com | 2014 | Bengaluru, India | $742M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| pinelabs.com | 1998 | Noida, India | $1.32B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| airpay.co.in | 2012 | Mumbai, India | $3.63M | 996 | An integrated omnichannel platform for financial services is provided. |
Detailed competitors of Maximus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Maximus
The website of Maximus (maximusinfoware.in) receives about 19.9K visits a month.
- Monthly visits19.9K
▲ 54.9% vs previous month
Websites whose visitors overlap most with Maximus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wobot.ai | 100% | 12.3K | #1,873,448 | View details | |
cloud.oracle.com | cloud.oracle.com | 78% | – | – | – |
awsacademy.com | awsacademy.com | 78% | – | #115,946 | – |
| aeologic.com | 78% | 13.5K | #1,883,057 | View details | |
| k7computing.com | 78% | 455.1K | #80,180 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 38 similar websites and full traffic analytics for Maximus
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 38 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Maximus
10 companies that operate in the same segment as Maximus (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Maximus
Maximus was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Maximus is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Venkatanarayanan Shankar is the current CEO of Maximus. They have also founded this company.
Maximus is a funded company, having raised a total of $1.53M across 2 funding rounds to date. The company's 1st funding round was a Seed of $918.2K, raised on Aug 2015.
Maximus has 98 employees.
The primary company behind Maximus, Maximus Infoware (India) Private Limited, reported revenue of ₹56.67 Cr for FY 2025, up 9% year on year.
Maximus is engaged in delivering state-of-the-art digital payment solutions and managed services for banking and financial sectors. Solutions such as payment systems, fraud risk management, and self-service kiosks are offered to banks, fintech companies, and government entities. Operations span across multiple industries including non-banking financial companies and transit toll services. Advanced technologies like AI, machine learning, and blockchain are integrated to enhance security and efficiency. A global presence is maintained in 10 countries with a focus on process excellence and customer satisfaction.
Maximus offers Maximus ASTRA, Maximus PAYRAKAM, Maximus SURAKSHA, Maximus TRACE, and Maximus KSHAN.
Maximus has 1 investor. Key investors include SIDBI Venture Capital.
The valuation of Maximus is $6.15M as of Oct 2017.
Maximus operates through Maximus Infoware (India) Private Limited.