About Mindlance
Mindlance is a company based in Union City (United States) founded in 1999 by Vik Kalra and Rajat Paul Dhall was acquired by Cumberland Consulting Group in November 2013.. The company has 1,185 employees as of April 08, 2024. Mindlance has completed 1 acquisition, including Quintrix. Mindlance offers products and services including Technology Staffing, Quintrix Upskilling, Workforce Solutions, IT Solutions, and Payroll Services. Mindlance operates in a competitive market with competitors including EXL, Dun & Bradstreet, Kelly Services, Cielo and Vaco, among others.
- Headquarter Union City, United States
- Employees 1185 as on 08 Apr, 2024
- Founders Vik Kalra, Rajat Paul Dhall
-
Sectors
Business ServicesTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ml Outsourcing Services Private Limited
- Date of Incorporation 14 Jul, 2004
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$16.24 M (USD)31.2as on Mar 31, 2023
-
Net Profit
$1.39 M (USD)5.91as on Mar 31, 2023
-
EBITDA
$1.88 M (USD)10.9as on Mar 31, 2023
-
Latest Funding Round
- Investors
-
Employee Count
1185
as on Apr 08, 2024
- Investments & Acquisitions
-
Acquired by
Cumberland Consulting Group
(Nov 25, 2013)
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
Products & Services of Mindlance
Mindlance offers a comprehensive portfolio of products and services, including Technology Staffing, Quintrix Upskilling, Workforce Solutions, IT Solutions, and Payroll Services. 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.
Provides staffing for technology and IT roles across industries.
Offers programs for workforce upskilling and skill development.
Delivers diverse talent pools and returnship initiatives.
Includes data engineering and cloud computing services.
Handles payroll and independent contractor compliance.
Unlock access to complete
Funding Insights of Mindlance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mindlance
Mindlance has secured backing from 1 investor. Prominent investors backing the company include Cumberland Consulting Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Provides technology implementation and project management solutions
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mindlance
Mindlance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Quintrix. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
IT staffing services are provided by Quintrix to clients.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Mindlance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mindlance Comparisons
Competitors of Mindlance
Mindlance 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 EXL, Dun & Bradstreet, Kelly Services, Cielo and Vaco, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Analytics and digital solutions for healthcare and banking are provided.
|
|
| domain | founded_year | HQ Location |
Financial analysis and risk assessment solutions are provided to businesses.
|
|
| domain | founded_year | HQ Location |
Outsourced human resources services are provided globally by Kelly Services.
|
|
| domain | founded_year | HQ Location |
HR consulting services in talent acquisition and management are offered.
|
|
| domain | founded_year | HQ Location |
Recruitment and consulting services are provided by Vaco.
|
|
| domain | founded_year | HQ Location |
IT staffing, consulting, and related services are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mindlance
Frequently Asked Questions about Mindlance
When was Mindlance founded?
Mindlance was founded in 1999.
Where is Mindlance located?
Mindlance is headquartered in Union City, United States.
How many employees does Mindlance have?
As of Apr 08, 2024, the latest employee count at Mindlance is 1,185.
What is the annual revenue of Mindlance?
Annual revenue of Mindlance is $16.24M as on Mar 31, 2023.
What does Mindlance do?
Mindlance was established in 1999 and is based in Union City, United States. Operations are centered on the information technology and consulting sectors. Big data analytics solutions, staffing support, and digital transformation initiatives are delivered to clients. Co-founders Vik Kalra and Rajat Paul Dhall are positioned as Managing Directors, overseeing strategic direction and service execution across domestic markets.
Who are the top competitors of Mindlance?
Mindlance's top competitors include EXL, Dun & Bradstreet and Cielo.
What products or services does Mindlance offer?
Mindlance offers Technology Staffing, Quintrix Upskilling, Workforce Solutions, IT Solutions, and Payroll Services.
How many acquisitions has Mindlance made?
Mindlance has made 1 acquisition, including Quintrix.
Who are Mindlance's investors?
Mindlance has 1 investor. Key investors include Cumberland Consulting Group.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.