Monarch Innovation

Ahmedabad, India Founded: 2009 • Age: 17 yrs
Provides mechanical engineering, IT development, and building design services to global clients.
Annual revenue $2.0M Latest available
Total funding - Funding intelligence
Employees 246 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Monarch Innovation

Monarch Innovation is a company based in Ahmedabad (India) founded in 2009 by Harsh Joshi and Pritesh Patel. It operates as a B2B and Service-based. The company has 246 employees as of March 31, 2023. Monarch Innovation offers products and services including Mechanical Engineering Services, IT Services, Building Design Service, and Embedded and IOT Services. Monarch Innovation operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

  • Headquarter Ahmedabad, India
  • Employees 246 as on 31 Mar, 2023
  • Founders Harsh Joshi, Pritesh Patel
  • Sectors
    Technology
    Aerospace, Defense & Maritime
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Monarch Innovation Private Limited
  • Date of Incorporation 20 Dec, 2011
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.05 M (USD)
    37.69
    as on Mar 31, 2023
  • Net Profit
    $123.12 K (USD)
    60.99
    as on Mar 31, 2023
  • EBITDA
    $536.17 K (USD)
    155.49
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    246

    as on Mar 31, 2023

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Products & Services of Monarch Innovation

Monarch Innovation offers a comprehensive portfolio of products and services, including Mechanical Engineering Services, IT Services, Building Design Service, and Embedded and IOT Services.

Product name locked
Category locked
Primary

Offers modeling, drafting, and design optimization for manufacturing needs

Product name locked
Category locked
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Provides web and mobile app development with cloud integration

Product name locked
Category locked
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Delivers BIM services and 3D modeling for construction projects

Product name locked
Category locked
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Focuses on hardware design and firmware development for smart products

People of Monarch Innovation

Headcount 200-500
Employee Profiles 21
Employee Profiles
People
Hitesh Sureliya
BIM Department Team Lead
People
Ronak Panchal
Embedded Hardware – Team Lead
People
Pooja Singh
Assistant HR Manager
People
Maulik Patel
HR Manager

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Funding Insights of Monarch Innovation

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Detailed funding history for Monarch Innovation

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Investments & Acquisitions by Monarch Innovation

Investments
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Investment portfolio details for Monarch Innovation

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Financial Statements - Monarch Innovation

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Detailed financials for Monarch Innovation

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Monarch Innovation Comparisons

Monarch Innovation Primary company
Description
Provides mechanical engineering, IT development, and buildin...
Location
Ahmedabad, India
Founded Year
2009
Annual Revenue
$2.05 M (USD)
Net Profit
$123.12 K (USD)
EBITDA
$536.17 K (USD)
Employees
246
As of 2023
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Peer comparison for Monarch Innovation

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Competitors of Monarch Innovation

Monarch Innovation 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

Company Name Domain Founded year HQ Location Description
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Embedded computing platforms are developed for industrial applications.
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Software development services are provided by Unicorn in Prague.
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Software development services are provided via an AI-powered platform.
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Platform offering digital textbooks for students
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Detailed competitors of Monarch Innovation

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Latest news on Monarch Innovation

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Complete news archive for Monarch Innovation

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Frequently Asked Questions about Monarch Innovation

Monarch Innovation was founded in 2009.

Monarch Innovation is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

As of Mar 31, 2023, the latest employee count at Monarch Innovation is 246.

Annual revenue of Monarch Innovation is $2.05M as on Mar 31, 2023.

Monarch Innovation is a design and engineering firm based in India, specializing in mechanical engineering, IT services, building design, and hardware integration. They deliver solutions like CAD customization, mobile app development, and BIM services through strategic partnerships. Operating from Ahmedabad, India, and with a presence in the USA, they serve international clients across various industries with high-quality, customized offerings.

Monarch Innovation's top competitors include RedShelf, Unicorn and Hedgehog lab.

Monarch Innovation offers Mechanical Engineering Services, IT Services, Building Design Service, and Embedded and IOT Services.

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