Motiveminds

Bengaluru, India Founded: 2018 • Age: 8 yrs
Provider of application development, cloud, consulting, ERP, and digital transformation services
Annual revenue $6.7M Latest available
Total funding $459,713 1 rounds
Employees 275 Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Motiveminds

Motiveminds is a company based in Bengaluru (India) founded in 2018 by Bobby Reddy and Jibin Joseph. Motiveminds has raised $459.71 thousand across 1 funding round from investors including Chakradhara Aerospace and Cargo, Lakshmi Life Sciences and Palahalli Shankarrao Ravindranath. The company has 275 employees as of April 05, 2024. Motiveminds offers products and services including Consulting Services, Transformation Services, Cloud Enablement, Application Development, and Application Maintenance. Motiveminds operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Bengaluru, India
  • Employees 275 as on 05 Apr, 2024
  • Founders Bobby Reddy, Jibin Joseph
  • Stage Minicorn
  • Sectors
    Business Services
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  • Legal Name Motiveminds Consulting Private Limited
  • Date of Incorporation 30 Sep, 2018
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Business Services → Digital Transformation & IT Services Unlock Sub-Sector Unlock Segment
Business Services → Professional & Consulting Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.75 M (USD)
    96.47
    as on Mar 31, 2024
  • Net Profit
    $64.87 K (USD)
    17.42
    as on Mar 31, 2024
  • EBITDA
    $227.52 K (USD)
    112.63
    as on Mar 31, 2024
  • Total Equity Funding
    $459.71 K (USD)

    in 1 rounds

  • Latest Funding Round
    $459.71 K (USD), Seed

    Jun 28, 2022

  • Investors
  • Employee Count
    275

    as on Apr 05, 2024

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Products & Services of Motiveminds

Motiveminds offers a comprehensive portfolio of products and services, including Consulting Services, Transformation Services, Cloud Enablement, Application Development, and Application Maintenance.

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Offers expert advice on SAP and Salesforce implementations for businesses.

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Helps modernize operations through cloud and technology upgrades.

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Enables migration and integration of cloud ecosystems for enterprises.

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Develops custom applications using SAP and Salesforce platforms.

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Provides ongoing support and updates for business applications.

People of Motiveminds

Headcount 200-500
Employee Profiles 21
Employee Profiles
People
Sandeep Shinde
Project Lead
People
Kishor Kumar Mahala
Associate Consultant
People
Rupesh Cn
SAP CX Portfolio & Qualtrics Manager
People
Sunil Srivastava
Principal Consultant

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Funding Insights of Motiveminds

Motiveminds has successfully raised a total of $459.71K through 1 strategic funding round. The most recent funding activity was a Seed round of $459.71 thousand completed in June 2022. 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.

Investors in Motiveminds

Motiveminds has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Chakradhara Aerospace and Cargo, Lakshmi Life Sciences and Palahalli Shankarrao Ravindranath.

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Institutional
Angel
Investor Description Founded Year Domain Location
Automation and plastics manufacturing services in Coimbatore, India.
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Palahalli Shankarrao Ravindranath

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Puneet Jetli

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Investor details for Motiveminds

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Investments & Acquisitions by Motiveminds

Investments
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Investment portfolio details for Motiveminds

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Financial Statements - Motiveminds

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Detailed financials for Motiveminds

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Motiveminds Comparisons

Motiveminds Primary company
Description
Provider of application development, cloud, consulting, ERP,...
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$6.75 M (USD)
Net Profit
$64.87 K (USD)
EBITDA
$227.52 K (USD)
Employees
275
As of 2024
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Peer comparison for Motiveminds

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Competitors of Motiveminds

Motiveminds 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of Motiveminds

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Latest news on Motiveminds

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Complete news archive for Motiveminds

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Frequently Asked Questions about Motiveminds

Motiveminds was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Motiveminds is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Bobby Reddy is the current CEO of Motiveminds. They have also founded this company.

Motiveminds is a funded company, having raised a total of $459.71K across 1 funding round to date.

As of Apr 05, 2024, the latest employee count at Motiveminds is 275.

Annual revenue of Motiveminds is $6.75M as on Mar 31, 2024.

Motiveminds was founded in 2018 and is headquartered in Bengaluru, India. IT services are offered, including application development, cloud solutions, consulting, ERP implementation, and digital transformation. Additional capabilities encompass AI-powered automation, data analytics, SAP and Salesforce integrations, and business intelligence. Operations are focused on optimizing business processes and delivering outcome-based results for clients.

Motiveminds's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

Motiveminds offers Consulting Services, Transformation Services, Cloud Enablement, Application Development, and Application Maintenance.

Motiveminds has 4 investors. Key investors include Chakradhara Aerospace and Cargo, Lakshmi Life Sciences, Palahalli Shankarrao Ravindranath, and Puneet Jetli.

The valuation of Motiveminds is $4.25M as of Jun 2022.

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