About Mindgate
Mindgate is a company based in Mumbai (India) founded in 2008 by Guhan Muthusamy and George Sam. Mindgate has raised $10.05 million across 2 funding rounds from investors including PayU and ACI Worldwide. The company has 948 employees as of April 09, 2024. Mindgate offers products and services including Retail Payments, Corporate Cash Management, Government Solutions, Central Infrastructure, and Reconciliation & Settlement. Mindgate operates in a competitive market with competitors including Episode Six, Wibmo, Silot, Paydiant and Thepeer, among others.
- Headquarter Mumbai, India
- Employees 948 as on 09 Apr, 2024
- Founders Guhan Muthusamy, George Sam
- Stage Minicorn
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Sectors
Financial Services
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Mindgate Solutions Private Limited
- Date of Incorporation 07 Jul, 2008
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$19.46 M (USD)0as on Mar 31, 2022
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Net Profit
$3.14 M (USD)0as on Mar 31, 2022
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EBITDA
$3.55 M (USD)0as on Mar 31, 2022
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Total Equity Funding
$10.05 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
PayU
& 1 more
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Employee Count
948
as on Apr 09, 2024
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Products & Services of Mindgate
Mindgate offers a comprehensive portfolio of products and services, including Retail Payments, Corporate Cash Management, Government Solutions, Central Infrastructure, and Reconciliation & Settlement.
End-to-end solution for retail transaction banking services.
Platform for digital corporate collections and payments.
Advanced framework for government banking workflows.
System for national payment transformations and settlements.
Tools for dispute resolution and transaction reconciliation.
People of Mindgate
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Funding Insights of Mindgate
Mindgate has successfully raised a total of $10.05M across 2 strategic funding rounds. 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.
Investors in Mindgate
Mindgate has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include PayU and ACI Worldwide.
| Investor | Description | Founded Year | Domain | Location |
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Online payment processing and credit solutions are provided for businesses.
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Digital payments are processed and managed via specialized solutions.
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Investor details for Mindgate
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Mindgate
Investment portfolio details for Mindgate
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Financial Statements - Mindgate
Detailed financials for Mindgate
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Mindgate Comparisons
Peer comparison for Mindgate
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Competitors of Mindgate
Mindgate 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 Episode Six, Wibmo, Silot, Paydiant and Thepeer, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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API-linked payment gateway solutions are provided for diverse transactions.
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Digital payment solutions are provided to banks, merchants, and consumers.
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AI-enabled banking software and merchant solutions are provided.
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White-labeled mobile payment solutions are provided for businesses.
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Payment processing solutions are offered to businesses for various transactions.
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White label wallet solutions are offered via an online platform.
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Detailed competitors of Mindgate
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Latest news on Mindgate
Complete news archive for Mindgate
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Frequently Asked Questions about Mindgate
Mindgate was founded in 2008 and raised its 1st funding round 11 years after it was founded.
Mindgate is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mindgate is a funded company, having raised a total of $10.05M across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Mindgate is 948.
Annual revenue of Mindgate is $19.46M as on Mar 31, 2022.
Mindgate was founded in 2008 and is based in Mumbai, India, within the fintech sector. A digital payment platform is offered, encompassing retail payment processing, transaction banking solutions, and infrastructure for central entities. Reconciliation and settlement processes are handled for merchants and third-party application providers. Support is extended to government solutions and associated payment ecosystems.
Mindgate's top competitors include Episode Six, Wibmo and Silot.
Mindgate offers Retail Payments, Corporate Cash Management, Government Solutions, Central Infrastructure, and Reconciliation & Settlement.
Mindgate has 2 investors. Key investors include PayU, and ACI Worldwide.
The valuation of Mindgate is $60.93M as of Jun 2019.