Mistral Solutions

Bengaluru, India Founded: 1997 • Age: 29 yrs Acquired By AXISCADES
Product engineering and homeland security solutions are provided.
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About Mistral Solutions

Mistral Solutions is a company based in Bengaluru (India) founded in 1997 was acquired by AXISCADES in November 2017.. Mistral Solutions has raised $9.5 million across 2 funding rounds from investors including Nexus Venture Partners, AXISCADES and JAFCO Asia. Mistral Solutions offers products and services including RADAR Modules, SOM Modules, and Development Platforms. Mistral Solutions operates in a competitive market with competitors including Tech Mahindra, HCL Technologies, IBS, SkillStorm and ASM Technologies, among others.

  • Headquarter Bengaluru, India
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mistral Solutions Private Limited
  • Date of Incorporation 22 Aug, 1997
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Business Services → Business Process Outsourcing (BPO)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.5 M (USD), Series B

    Feb 06, 2008

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    AXISCADES

    (Nov 06, 2017)

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Products & Services of Mistral Solutions

Mistral Solutions offers a comprehensive portfolio of products and services, including RADAR Modules, SOM Modules, and Development Platforms. 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.

Primary

Modules for radar systems in aerospace applications

System on Module for industrial and automotive use

Platforms for edge computing and sensor fusion

People of Mistral Solutions
Headcount 200-500
Employee Profiles 39
Employee Profiles
People
Nitesh Sahu
Software Design Engineer
People
Gopal Kamath
Vice President - Business Development
People
Selvaraj Kaliyappan
Vp- Engineering (pes)
People
Ramanan J V
VP - Engineering (defense)

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Funding Insights of Mistral Solutions

Mistral Solutions has successfully raised a total of $9.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6.5 million completed in February 2008. 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.

  • Total Funding
  • Total Rounds 2
  • Last Round Series B — $6.5M
  • First Round

    (01 Mar 2001)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2008 Amount Series B - Mistral Solutions Valuation

investors

Mar, 2001 Amount Series A - Mistral Solutions Valuation

investors

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 Mistral Solutions

Mistral Solutions has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Nexus Venture Partners, AXISCADES and JAFCO Asia. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm that partners with entrepreneurs for product-first companies.
Founded Year Domain Location
Investments in early-stage tech startups are made by JAFCO Asia.
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 Mistral Solutions

Investments
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

Financial Statements - Mistral Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Mistral Solutions Comparisons

Employees
+
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Competitors of Mistral Solutions

Mistral Solutions 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 Tech Mahindra, HCL Technologies, IBS, SkillStorm and ASM Technologies, 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
Provider of data analytics, cloud management, and business process outsourcing services
domain founded_year HQ Location
Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services
domain founded_year HQ Location
IT solutions and BPO services are provided to diverse sectors.
domain founded_year HQ Location
Application development services are provided through custom teams.
domain founded_year HQ Location
Outsourced IT infrastructure services are provided by ASM Technologies.
domain founded_year HQ Location
Software development services are provided by Amdaris to clients worldwide.
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 Mistral Solutions

Frequently Asked Questions about Mistral Solutions

When was Mistral Solutions founded?

Mistral Solutions was founded in 1997 and raised its 1st funding round 4 years after it was founded.

Where is Mistral Solutions located?

Mistral Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Is Mistral Solutions a funded company?

Mistral Solutions is a funded company, having raised a total of $9.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Mar 01, 2001.

What does Mistral Solutions do?

Mistral offers services under two domains- Product engineering services and defense homeland security solutions. Product engineering services include product design services, hardware design services, PCB design and layout analysis, testing validation, production development services and software development services (firmware, drivers, middleware, etc). Defense and Homeland solutions include RADAR data acquisition and signal processing, SONAR based applications, telemetry solutions for airborne applications, complaint software for electronic warfare systems, mobile C4ISR platforms, ready-to-deploy solutions for Safe City, sensor, command and control network for critical infrastructure protection, etc. Offices in US and India. Has served 100 customers and has received 15 International awards.

Who are the top competitors of Mistral Solutions?

Mistral Solutions's top competitors include Tech Mahindra, HCL Technologies and ASM Technologies.

What products or services does Mistral Solutions offer?

Mistral Solutions offers RADAR Modules, SOM Modules, and Development Platforms.

Who are Mistral Solutions's investors?

Mistral Solutions has 4 investors. Key investors include Nexus Venture Partners, AXISCADES, JAFCO Asia, and unknown.

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