Melstar

Mumbai, India Founded: 1986 • Age: 40 yrs
Melstar is a major IT solution providers to the Banking, Insurance, Government and IT sectors.
Annual revenue $4.7M Latest available
Total funding - Funding intelligence
Employees 35 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Melstar

Melstar is a company based in Mumbai (India) founded in 1986. The company has 35 employees as of April 05, 2024. Melstar operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

  • Headquarter Mumbai, India
  • Employees 35 as on 05 Apr, 2024
  • Stage Public
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Melstar Information Technologies Limited
  • Date of Incorporation 12 Aug, 1986
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.68 M (USD)
    36.01
    as on Mar 31, 2016
  • Net Profit
    -$55.64 K (USD)
    77.26
    as on Mar 31, 2016
  • EBITDA
    $247.28 K (USD)
    40.4
    as on Mar 31, 2016
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    35

    as on Apr 05, 2024

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Funding Insights of Melstar

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Detailed funding history for Melstar

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Investments & Acquisitions by Melstar

Investments
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Investment portfolio details for Melstar

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Financial Statements - Melstar

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Detailed financials for Melstar

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Melstar Comparisons

Melstar Primary company
Description
Melstar is a major IT solution providers to the Banking, Ins...
Location
Mumbai, India
Founded Year
1986
Annual Revenue
$4.68 M (USD)
Net Profit
-$55.64 K (USD)
EBITDA
$247.28 K (USD)
Employees
35
As of 2024
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Peer comparison for Melstar

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Competitors of Melstar

Melstar 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
IT services suite solutions are provided globally by AlmavivA.
Locked Locked Locked
Mobile application development and UX design services are provided.
Locked Locked Locked
Embedded computing platforms are developed for industrial applications.
Locked Locked Locked
Software development services are provided by Unicorn in Prague.
Locked Locked Locked
Software development services are provided via an AI-powered platform.
Locked Locked Locked
Platform offering digital textbooks for students
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Detailed competitors of Melstar

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Latest news on Melstar

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Complete news archive for Melstar

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Frequently Asked Questions about Melstar

Melstar was founded in 1986.

Melstar is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Sanjiv Tandon is the current CEO of Melstar.

As of Apr 05, 2024, the latest employee count at Melstar is 35.

Annual revenue of Melstar is $4.68M as on Mar 31, 2016.

Melstar was founded in 1986 and acquired by the Yash Birla Group in 2008. End-to-end customized IT solutions are delivered to sectors including banking, insurance, government, and IT. Operations are headquartered in Mumbai, India, with services extended to global clients such as IBM, Citibank, Standard Chartered Bank, and Birla Sunlife. Focus is maintained on software development for these industries.

Melstar's top competitors include RedShelf, Unicorn and Hedgehog lab.

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