About MHG Technologies
MHG Technologies was a Technology company based in Mumbai (India) founded in 2019 by Dushyant Saraswat. It offers ML-powered ARVR solutions for multiplayer gaming experiences. It operates on a B2C model. Its chief executive is Dushyant Saraswat. Its Indian entity Mhg Technologies Private Limited reported revenue of ₹59.2 Lakh. The company is recorded as dissolved. Its focus areas include Gaming, AR/VR Solutions and Multiplayer Platforms. Its competitors include DeepMarkit, Adact, Geddit, CustomerGlu and Roforco and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
MHG Technologies, based in Mumbai, focuses on leveraging cutting-edge technology, producing gaming content, arvr solutions, and multiplayer platforms. Offers ML-powered ARVR solutions for multiplayer gaming experiences. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Founders Dushyant Saraswat
- SectorsTechnology
- Website mhgtechnologies.com
- Legal Name Mhg Technologies Private Limited
- Date of Incorporation 29 Nov, 2018
- Jurisdiction Hosakote, Karnataka, India
- Annual Revenue₹59.2 Lakh
FY 2023 · -42% YoY
- Net Loss-₹11.5 Lakh
FY 2023 · -19% margin
- EBITDA-₹11.9 Lakh
FY 2023 · -20% margin
Associated legal entities of MHG Technologies
MHG Technologies operates through Mhg Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mhg Technologies Private Limited CIN U72200KA2018PTC176211 | Active | 29 Nov 2018 | Hosakote, Karnataka | ₹0.6 Cr | – | 4 | View details |
Board of directors of Mhg Technologies Private Limited (MHG Technologies)
Mhg Technologies Private Limited is the primary company behind MHG Technologies. The board of Mhg Technologies Private Limited currently have 4 directors; the longest-serving is Roli Rajawat, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Roli Rajawat DIN 08058119 | Director | 29 Nov 2018 | 7 yrs 10 mo | Mhg Technologies Private Limited |
| Dushyant Saraswat DIN 08058159 | Director | 29 Nov 2018 | 7 yrs 10 mo | Mhg Technologies Private Limited |
| Manju Saraswat DIN 08368679 | Director | 16 Feb 2019 | 7 yrs 7 mo | Mhg Technologies Private Limited |
| Jasmeet Gandhi Singh DIN 08273953 | Director | 21 May 2019 | 7 yrs 4 mo | Mhg Technologies Private Limited |
People of MHG Technologies
1 people are tracked at MHG Technologies (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for MHG Technologies
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 MHG Technologies
Figures of Mhg Technologies Private Limited, the primary company behind MHG Technologies, for FY 2023. Revenue was ₹59.2 Lakh (-42% year on year). Net loss was -₹11.5 Lakh (-19% margin). EBITDA was -₹11.9 Lakh (-20% margin). Revenue has grown at a compounded annual rate of +69% over three years.
- ₹59.2 LakhRevenue · FY 2023 · -42% YoY
- -₹11.5 LakhNet loss · -19% margin
- -₹11.9 LakhEBITDA · -20% margin
- ₹1.2 LakhPaid-up capital
- +69%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mhg Technologies Private Limited are on its company page.
Detailed financial statements for MHG Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of MHG Technologies
MHG Technologies has 9 listed competitors in our database, 7 of them funded. They include DeepMarkit, Adact, Geddit, CustomerGlu and Roforco, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| deepmarkit.com | 2007 | Calgary, Canada | – | – | Interactive gaming platform to run social games and giveaways | |
| adact.me | 2019 | Tallinn, Estonia | – | 4 | Game-based lead generation and marketing platforms are provided for brands. | |
| geddit.com | 2003 | Bangkok, Thailand | $730,000 | – | Interactive video distribution solution provider | |
| customerglu.com | 2016 | Palo Alto, United States | $620,000 | – | Customer engagement is enabled through gamified in-app experiences without developers. | |
| roforco.com | 2021 | London, United Kingdom | $125,000 | – | Developer of PC and console based metaverse | |
| scratcher.io | 2017 | Denmark | $1.7M | 11 | Cloud-based gamification software for marketing campaigns is provided. | |
| playable.com | 2015 | Aarhus, Denmark | $2.19M | – | Gamification software is delivered via SaaS to engage customers. | |
| rhym.io | 2021 | Bengaluru, India | $599,905 | – | Cloud based gamified marketing solutions for businesses | |
| metriqus.com | 2024 | Istanbul, Turkey | $400,000 | – | Cloud-based analytics platform for mobile games is utilized by studios. |
Detailed competitors of MHG Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Virtual Reality
10 companies that operate in the same segment as MHG Technologies (Virtual Reality), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Video game developer specializing in the MMORPG and VR games | 1997 | Reykjavik, Iceland | USD 106.3 M | – | – | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Platform offering distributed simulation software for video games and corporate sectors | 2012 | London, England, United Kingdom | USD 929.85 M | USD 1.58 M | 634 | |
Mood-altering virtual reality experiences are developed for wellness by TRIPP. | 2016 | Los Angeles, California, United States | USD 26.25 M | – | – | |
Virtual reality headsets are provided for immersive professional applications. | 2016 | Helsinki, Finland | USD 149.39 M | – | – | |
Virtual world games are facilitated through an NFT-based platform. | 2017 | Buenos Aires, Argentina | USD 25 M | – | – | |
VR casual games are developed for major platforms. | 2015 | Stockholm, Sweden | USD 38.5 M | – | – | |
VR-based home therapy systems are developed for symptom treatment. | 2016 | Brookline, Massachusetts, United States | USD 29 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Mhg Technologies
Complete news archive for MHG Technologies
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MHG Technologies
MHG Technologies was founded in 2019.
MHG Technologies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dushyant Saraswat is the current CEO of MHG Technologies. They have also founded this company.
The primary company behind MHG Technologies, Mhg Technologies Private Limited, reported revenue of ₹59.2 Lakh for FY 2023, down 42% year on year.
MHG Technologies, based in Mumbai, focuses on leveraging cutting-edge technology, producing gaming content, arvr solutions, and multiplayer platforms. Offers ML-powered ARVR solutions for multiplayer gaming experiences. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
MHG Technologies operates through Mhg Technologies Private Limited.
The legal entities of MHG Technologies currently have 4 directors, including Jasmeet Gandhi Singh, Roli Rajawat, Dushyant Saraswat and others.