About MLIT Solutions
MLIT Solutions is an Industrial Goods & Manufacturing company based in Hyderabad (India) founded in 2014 by Srinivas Chindam. IoT-based remote monitoring for factories and poultry is provided. It operates in the Industrial Goods & Manufacturing, Technology, and Agriculture sectors. MLIT Solutions has raised $228.54 thousand across 4 funding rounds from investors including Sivakumar Surampudi and Pontaq. Its chief executive, as recorded, is Srinivas Chindam. Its Indian entity Mlit - Sol Private Limited reported revenue of ₹19.5 Lakh. MLIT Solutions offers products and services including Consight, PoultryMon, Consulting, IOT Analytics, and Enterprise BI. Its focus areas include Enterprise Applications, Manufacturing Tech, Enterprise Asset Management and Maintenance Management.
Company details
MLIT Solutions was founded in 2014 in Hyderabad, India, to deliver IoT-enabled remote monitoring for manufacturing and poultry sectors. Real-time condition monitoring systems are used for factory operations, asset tracking, and field services, with predictive maintenance and analytical reports generated. Poultry farm systems cover hatchery monitoring, incubation, climate control, and mobile-based analysis. Data logging, local displays, and threshold alarms are integrated across operations.
- Headquarters Hyderabad, India
- Founders Srinivas Chindam
- SectorsIndustrial Goods & ManufacturingTechnology Agriculture
- Email••••••••
- Phone•••• ••••
- Website mlitsol.com
- Social LinkedIn X Facebook
- Legal Name Mlit - Sol Private Limited
- Date of Incorporation 28 Mar, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹19.5 Lakh
FY 2024 · -48% YoY
- Net Loss-₹33.4 Lakh
FY 2024 · -172% margin
- EBITDA-₹31.6 Lakh
FY 2024 · -163% margin
- Total Equity Funding$228.54K (USD)
in 4 rounds
- Latest Funding Round$36.53K (USD), Seed
Mar 2023
- InvestorsPontaq
& 1 more
Associated legal entities of MLIT Solutions
MLIT Solutions operates through Mlit - Sol Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mlit - Sol Private Limited CIN U72900TG2018PTC123439 | Active | 28 Mar 2018 | Hyderabad, Telangana | ₹0.2 Cr | 2 | View details |
Products & Services of MLIT Solutions
MLIT Solutions offers a comprehensive portfolio of products and services, including Consight, PoultryMon, Consulting, IOT Analytics, and Enterprise BI.
System for remote real-time condition monitoring in manufacturing.
Platform for real-time hatchery and farm process monitoring.
Services for big data and Oracle Business Intelligence needs.
Solutions for analyzing IoT data in industrial settings.
Tools for data warehousing and performance management.
Funding Insights of MLIT Solutions
MLIT Solutions has successfully raised a total of $228.54K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $36.53 thousand completed in March 2023. 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 $228,540
- Total Rounds 4
- Last Round Seed — $36,531
- First Round $72,092
(May 2019)
- Investors Count 2
All 4 funding rounds of MLIT Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $36,531 | Seed | – | Pontaq | – |
| Feb 2022 | $53,396 | Seed | – | Pontaq | – |
| Jan 2022 | $66,520 | Angel Round | – | – | – |
| May 2019 | $72,092 | Angel Round | – | Sivakumar Surampudi | – |
2 investors in total: 1 institutional and 1 angel.
Investors in MLIT Solutions
MLIT Solutions has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Sivakumar Surampudi and Pontaq.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| pontaq.vc | ||||
SS Sivakumar Surampudi | unknown_19bf49adbb544977b |
Investor details for MLIT Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Mlit - Sol Private Limited (MLIT Solutions)
Mlit - Sol Private Limited is the primary company behind MLIT Solutions. The board of Mlit - Sol Private Limited currently have 2 directors; the longest-serving is Srinivas Chindam, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivas Chindam DIN 07442367 | Director | 28 Mar 2018 | 8 yrs 6 mo | Mlit - Sol Private Limited |
| Raghu Chindam DIN 11158395 | Director | 26 Jun 2025 | 1 yr 3 mo | Mlit - Sol Private Limited |
People of MLIT Solutions
1 people are tracked at MLIT Solutions (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for MLIT Solutions
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 MLIT Solutions
Figures of Mlit - Sol Private Limited, the primary company behind MLIT Solutions, for FY 2024. Revenue was ₹19.5 Lakh (-48% year on year). Net loss was -₹33.4 Lakh (-172% margin). EBITDA was -₹31.6 Lakh (-163% margin). Revenue has grown at a compounded annual rate of +31% over three years and -1% over five years.
- ₹19.5 LakhRevenue · FY 2024 · -48% YoY
- -₹33.4 LakhNet loss · -172% margin
- -₹31.6 LakhEBITDA · -163% margin
- ₹11.6 LakhPaid-up capital
- +31%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mlit - Sol Private Limited are on its company page.
Detailed financial statements for MLIT Solutions
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
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Timeline of MLIT Solutions
3 dated milestones of MLIT Solutions across 9 years, from founding to its latest funding, stage changes and deals.
- Founded MLIT Solutions is founded.
- Funding First funding round of $72K.
- Funding Latest funding round, Seed, of $37K.
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Related news about Mlit Solutions
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Frequently Asked Questions about MLIT Solutions
MLIT Solutions was founded in 2014 and raised its 1st funding round 5 years after it was founded.
MLIT Solutions is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Srinivas Chindam is the CEO of MLIT Solutions, as recorded in our data. They have also founded this company.
MLIT Solutions is a funded company, having raised a total of $228.54K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $72.09K, raised on May 2019.
The primary company behind MLIT Solutions, Mlit - Sol Private Limited, reported revenue of ₹19.5 Lakh for FY 2024, down 48% year on year.
MLIT Solutions was founded in 2014 in Hyderabad, India, to deliver IoT-enabled remote monitoring for manufacturing and poultry sectors. Real-time condition monitoring systems are used for factory operations, asset tracking, and field services, with predictive maintenance and analytical reports generated. Poultry farm systems cover hatchery monitoring, incubation, climate control, and mobile-based analysis. Data logging, local displays, and threshold alarms are integrated across operations.
MLIT Solutions offers Consight, PoultryMon, Consulting, IOT Analytics, and Enterprise BI.
MLIT Solutions has 2 investors. Key investors include Sivakumar Surampudi, and Pontaq.
MLIT Solutions operates through Mlit - Sol Private Limited.
The legal entities of MLIT Solutions currently have 2 directors, including Srinivas Chindam, Raghu Chindam.