About mCanvas
mCanvas is a company based in Mumbai (India) founded in 2014 by Nikunj Soni and Lavin Punjabi. It operates as a B2B. The company has 63 employees as of March 31, 2023. mCanvas offers products and services including Immersive Ads and Sensor-Led Ads. mCanvas operates in a competitive market with competitors including NexTech AR Solutions, Kaizen Ad, Celtra, Adludio and Transmira, among others.
- Headquarter Mumbai, India
- Employees 63 as on 31 Mar, 2023
- Founders Nikunj Soni, Lavin Punjabi
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Sectors
Media & Entertainment
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Phone
*********
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Website
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Social
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- Legal Name Mcanvas Advertising Private Limited
- Date of Incorporation 02 Dec, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$4.37 M (USD)59.91as on Mar 31, 2023
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Net Profit
$-53.28 K (USD)41.68as on Mar 31, 2023
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EBITDA
$12.29 K (USD)124.29as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
63
as on Mar 31, 2023
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Products & Services of mCanvas
mCanvas offers a comprehensive portfolio of products and services, including Immersive Ads and Sensor-Led Ads. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Interactive ads using sensors for higher user engagement and recall.
Technology-driven ads that respond to device inputs for dynamic experiences.
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Funding Insights of mCanvas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by mCanvas
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - mCanvas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mcanvas Comparisons
Competitors of mCanvas
mCanvas 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 NexTech AR Solutions, Kaizen Ad, Celtra, Adludio and Transmira, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AR-based content management software is offered for 3D product experiences.
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Video and playable advertising creative platform
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| domain | founded_year | HQ Location |
Creative content automation solutions are provided for digital advertising.
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| domain | founded_year | HQ Location |
Mobile ad creatives and management are powered by AI technology.
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Provider of XR cloud for smart cities
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| domain | founded_year | HQ Location |
Provider of augmented reality solutions for brands
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mcanvas
Frequently Asked Questions about mCanvas
When was mCanvas founded?
mCanvas was founded in 2014.
Where is mCanvas located?
mCanvas is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of mCanvas?
Lavin Punjabi is the current CEO of mCanvas. They have also founded this company.
How many employees does mCanvas have?
As of Mar 31, 2023, the latest employee count at mCanvas is 63.
What is the annual revenue of mCanvas?
Annual revenue of mCanvas is $4.37M as on Mar 31, 2023.
What does mCanvas do?
mCanvas is an ad tech company that creates immersive, sensor-led advertising solutions for mobile and smart devices, focusing on interactive formats to drive higher engagement. It operates globally, partnering with brands and agencies to deliver dynamic CTAs and storytelling, achieving metrics like increased purchase intent and brand uplift. Based in Mumbai, Chicago, and Berlin, it serves clients across various sectors through premium inventory and measurable campaigns.
Who are the top competitors of mCanvas?
mCanvas's top competitors include NexTech AR Solutions, Poplar Studio and Celtra.
What products or services does mCanvas offer?
mCanvas offers Immersive Ads and Sensor-Led Ads.
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