About mindZen
mindZen is a Financial Services company based in Chennai (India) founded in 2005. Insurance software products company. Its Indian entity Mindzen (India) Private Limited reported revenue of ₹96.4 Lakh. mindZen offers products and services including Mzapp Insurance Broker Software, Mzapp Employee Benefits, and Mzapp Retail – POSP. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Insurance Software Suite.
Company details
mindZen was founded in 2005 and is based in Chennai, India. Software solutions are developed for the insurance sector, covering broking, policy administration, customer relationship management, claims processing, learning management, and reporting. These tools are utilized by insurance brokers and underwriters. Among the clients served are Alliance Insurance Brokers, Manas Insurance Brokers, Tarjani Insurance Broking, Relleno Insurance Broking Services, Vizza Insurance Broking Services, and PlatinumOne Insurance Broking.
- Headquarters Chennai, India
- SectorsFinancial Services
- Email••••••••
- Website mindzen.com
- Social LinkedIn X Facebook
- Legal Name Mindzen (India) Private Limited
- Date of Incorporation 28 Jan, 2005
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹96.4 Lakh
FY 2025 · -30% YoY
- Net Profit₹4.7 Lakh
FY 2025 · 5% margin
- EBITDA₹8.7 Lakh
FY 2025 · 9% margin
Associated legal entities of mindZen
mindZen operates through Mindzen (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mindzen (India) Private Limited CIN U72900TN2005PTC058133 | Active | 28 Jan 2005 | Chennai, Tamil Nadu | ₹1.0 Cr | 2 | View details |
Products & Services of mindZen
mindZen offers a comprehensive portfolio of products and services, including Mzapp Insurance Broker Software, Mzapp Employee Benefits, and Mzapp Retail – POSP.
Manages client relationships and policy tracking for brokers.
Automates employee onboarding and health insurance administration.
Simplifies lead capture and policy management for retail products.
Board of directors of Mindzen (India) Private Limited (mindZen)
Mindzen (India) Private Limited is the primary company behind mindZen. The board of Mindzen (India) Private Limited currently have 2 directors; the longest-serving is Sivasankaran Meena Rajendran, appointed in 2005. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sivasankaran Meena Rajendran DIN 02537416 | Director | 28 Nov 2005 | 20 yrs 11 mo | Mindzen (India) Private Limited |
| Sankaranarayanan Kumar DIN 05106553 | Director | 11 Mar 2019 | 7 yrs 7 mo | Mindzen (India) Private Limited |
Financials of mindZen
Figures of Mindzen (India) Private Limited, the primary company behind mindZen, for FY 2025. Revenue was ₹96.4 Lakh (-30% year on year). Net profit was ₹4.7 Lakh (5% margin). EBITDA was ₹8.7 Lakh (9% margin). Revenue has grown at a compounded annual rate of +6% over three years and -12% over five years.
- ₹96.4 LakhRevenue · FY 2025 · -30% YoY
- ₹4.7 LakhNet profit · 5% margin
- ₹8.7 LakhEBITDA · 9% margin
- ₹2 LakhPaid-up capital
- +6%Revenue CAGR, 3 years
- -12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mindzen (India) Private Limited are on its company page.
Detailed financial statements for mindZen
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.
Web traffic of mindZen
The website of mindZen (mindzen.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 63.8% vs previous month
Top companies in Insurance Technology & Support Services
2 companies that operate in the same segment as mindZen (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M |
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Frequently Asked Questions about mindZen
mindZen was founded in 2005.
mindZen is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind mindZen, Mindzen (India) Private Limited, reported revenue of ₹96.4 Lakh for FY 2025, down 30% year on year.
mindZen was founded in 2005 and is based in Chennai, India. Software solutions are developed for the insurance sector, covering broking, policy administration, customer relationship management, claims processing, learning management, and reporting. These tools are utilized by insurance brokers and underwriters. Among the clients served are Alliance Insurance Brokers, Manas Insurance Brokers, Tarjani Insurance Broking, Relleno Insurance Broking Services, Vizza Insurance Broking Services, and PlatinumOne Insurance Broking.
mindZen offers Mzapp Insurance Broker Software, Mzapp Employee Benefits, and Mzapp Retail – POSP.
mindZen operates through Mindzen (India) Private Limited.
The legal entities of mindZen currently have 2 directors, including Sankaranarayanan Kumar, Sivasankaran Meena Rajendran.