About Mazenet
Mazenet is a Technology company based in Chennai (India) founded in 2005 by Selvam K and Karuppan Mani. Mazenet provides comprehensive IT services and digital marketing solutions. It operates on a B2B model. The company has 96 employees. Its Indian entity Maze Net Solution Private Limited reported revenue of ₹35.72 Cr. Its focus areas include Information Technology, IT Services and Digital Marketing. Its competitors include Persistent and Happiest Minds; 2 of its 2 listed competitors have raised funding.
Company details
Mazenet, based in Chennai, focuses on leveraging cutting-edge technology, information technology, providing IT services, and providing digital marketing. Mazenet provides comprehensive IT services and digital marketing solutions. 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
- Employees 96
- Founders Selvam K, Karuppan Mani
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website mazenettech.com
- Social LinkedIn X Facebook Instagram
- Legal Name Maze Net Solution Private Limited
- Date of Incorporation 16 Feb, 2001
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹35.72 Cr
FY 2024 · +51% YoY
- Net Profit₹95.5 Lakh
FY 2024 · 3% margin
- EBITDA₹2.30 Cr
FY 2024 · 6% margin
- Employee Count96
Associated legal entities of Mazenet
Mazenet is associated with 2 registered companies on The Company Check; the primary company is Maze Net Solution Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maze Net Solution Private Limited CIN U63991TZ2001PTC009649 | Active | 16 Feb 2001 | Coimbatore, Tamil Nadu | ₹35.7 Cr | 96 | 2 | View details |
| Maze Net Solution Private Limited CIN U72200TZ2001PTC009649 | 16 Feb 2001 | Coimbatore, Tamil Nadu, India | View details |
Board of directors of Maze Net Solution Private Limited (Mazenet)
Maze Net Solution Private Limited is the primary company behind Mazenet. The board of Maze Net Solution Private Limited currently have 2 directors; the longest-serving is Karuppan Mani, appointed in 2001. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karuppan Mani DIN 02234637 | Managing Director | 16 Feb 2001 | 25 yrs 8 mo | Maze Net Solution Private Limited |
| Karuppan Selvam DIN 01377268 | Director | 18 Aug 2003 | 23 yrs 2 mo | Maze Net Solution Private Limited |
People of Mazenet
2 people are tracked at Mazenet (2 in leadership); the tracked headcount is 96.
| Name | Role | Group |
|---|---|---|
Selvam K | Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Mazenet
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Financials of Mazenet
Figures of Maze Net Solution Private Limited, the primary company behind Mazenet, for FY 2024. Revenue was ₹35.72 Cr (+51% year on year). Net profit was ₹95.5 Lakh (3% margin). EBITDA was ₹2.30 Cr (6% margin). Revenue has grown at a compounded annual rate of +39% over three years and +24% over five years.
- ₹35.72 CrRevenue · FY 2024 · +51% YoY
- ₹95.5 LakhNet profit · 3% margin
- ₹2.30 CrEBITDA · 6% margin
- ₹1 LakhPaid-up capital
- 96Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maze Net Solution Private Limited are on its company page.
Detailed financial statements for Mazenet
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.
Competitors of Mazenet
Mazenet has 2 listed competitors in our database, 2 of them funded. They include Persistent and Happiest Minds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. |
Detailed competitors of Mazenet
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Frequently Asked Questions about Mazenet
Mazenet was founded in 2005.
Mazenet is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Mazenet has 96 employees.
The primary company behind Mazenet, Maze Net Solution Private Limited, reported revenue of ₹35.72 Cr for FY 2024, up 51% year on year.
Mazenet, based in Chennai, focuses on leveraging cutting-edge technology, information technology, providing IT services, and providing digital marketing. Mazenet provides comprehensive IT services and digital marketing solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Mazenet's top competitors include Happiest Minds and Persistent.
Mazenet operates through Maze Net Solution Private Limited.
The legal entities of Mazenet currently have 2 directors, including Karuppan Selvam, Karuppan Mani.