About Moreze
Moreze is a Retail company based in Ahmedabad (India) founded in 2019. It provides self-service kiosks for efficient operations across multiple sectors. It operates on a B2B model in Retail and Healthcare sectors. The company has 505 employees. Its Indian entity Mantra Softech (India) Private Limited reported revenue of ₹424 Cr. Moreze offers products and services including Standard Kiosk, CardEze Kiosk, Cafeteria Kiosk, VisitEze Kiosk, and Queue Kiosk. Its focus areas include Information Technology, Hardware Solutions, Kiosk Technology and Self-Service Kiosks.
Company details
Moreze develops and manufactures self-service kiosks to automate tasks and enhance efficiency in industries like healthcare, government, and retail. These interactive systems streamline operations through customizable designs and integrations, improving user experiences. Based in Ahmedabad, India, the company provides tailored hardware solutions with remote support for businesses worldwide.
- Headquarters Ahmedabad, India
- Employees 505
- SectorsRetailHealthcare
- Email••••••••
- Phone•••• ••••
- Website moreze.com
- Social LinkedIn X Facebook
- Legal Name Mantra Softech (India) Private Limited
- Date of Incorporation 06 Apr, 2006
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹424 Cr
FY 2025 · +12% YoY
- Net Profit₹55.75 Cr
FY 2025 · 13% margin
- EBITDA₹90.55 Cr
FY 2025 · 21% margin
- Employee Count505
Associated legal entities of Moreze
Moreze operates through Mantra Softech (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 |
|---|---|---|---|---|---|---|---|
| Mantra Softech (India) Private Limited CIN U72200GJ2006PTC048092 | Active | 06 Apr 2006 | Ahmedabad, Gujarat | ₹424 Cr | 505 | 5 | View details |
Products & Services of Moreze
Moreze offers a comprehensive portfolio of products and services, including Standard Kiosk, CardEze Kiosk, Cafeteria Kiosk, VisitEze Kiosk, and Queue Kiosk.
Basic unit for efficient and reliable service operations.
Automates card distribution to minimize wait times.
Simplifies cafeteria operations for streamlined dining.
Enhances visitor registration and security processes.
Manages customer flow to reduce waiting times.
Board of directors of Mantra Softech (India) Private Limited (Moreze)
Mantra Softech (India) Private Limited is the primary company behind Moreze. The board of Mantra Softech (India) Private Limited currently have 4 directors; the longest-serving is Hiren Bhandari, appointed in 2006. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hiren Bhandari DIN 00466915 | Director | 06 Apr 2006 | 20 yrs 6 mo | Mantra Softech (India) Private Limited |
| Bhavyen Bhandari DIN 01971232 | Director | 06 Apr 2006 | 20 yrs 6 mo | Mantra Softech (India) Private Limited |
| Subhash Phoolchand Joshi DIN 07187385 | Director | 21 Jul 2025 | 1 yr 3 mo | Mantra Softech (India) Private Limited |
| Vishal Katkoria DIN 11251509 | Nominee Director | 17 Sep 2025 | 1 yr 1 mo | Mantra Softech (India) Private Limited |
Financials of Moreze
Figures of Mantra Softech (India) Private Limited, the primary company behind Moreze, for FY 2025. Revenue was ₹424 Cr (+12% year on year). Net profit was ₹55.75 Cr (13% margin). EBITDA was ₹90.55 Cr (21% margin). Revenue has grown at a compounded annual rate of +22% over three years.
- ₹424 CrRevenue · FY 2025 · +12% YoY
- ₹55.75 CrNet profit · 13% margin
- ₹90.55 CrEBITDA · 21% margin
- ₹16.73 CrPaid-up capital
- 505Employees (provident fund records)
- +22%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mantra Softech (India) Private Limited are on its company page.
Detailed financial statements for Moreze
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Web traffic of Moreze
The website of Moreze (moreze.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 3.1% vs previous month
Top companies in Vending Machines
3 companies that operate in the same segment as Moreze (Vending Machines) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufactures high-quality vending machines and POS terminals. | 2000 | Vadodara, Gujarat, India | USD 1.37 M | USD 312.57 K | ||
Offers app for vending machine access, cashless payments, and real-time business management. | 2017 | Noida, Uttar Pradesh, India | USD 87.52 K | |||
Offers rental vending machines with healthy snacks for offices, hospitals, and hotels. | 2013 | Bengaluru, Karnataka, India | USD 218.02 K | 30 |
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Frequently Asked Questions about Moreze
Moreze was founded in 2019.
Moreze is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Moreze has 505 employees.
The primary company behind Moreze, Mantra Softech (India) Private Limited, reported revenue of ₹424 Cr for FY 2025, up 12% year on year.
Moreze develops and manufactures self-service kiosks to automate tasks and enhance efficiency in industries like healthcare, government, and retail. These interactive systems streamline operations through customizable designs and integrations, improving user experiences. Based in Ahmedabad, India, the company provides tailored hardware solutions with remote support for businesses worldwide.
Moreze offers Standard Kiosk, CardEze Kiosk, Cafeteria Kiosk, VisitEze Kiosk, and Queue Kiosk.
Moreze operates through Mantra Softech (India) Private Limited.
The legal entities of Moreze currently have 5 directors, including Hiren Bhandari, Bhavyen Bhandari, Aarti Mahendrakumar Jain and others.