About MTAP
MTAP is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2013 by Satvir Singh Kohli. End-to-end fleet management solutions are delivered via cloud-driven sensors. MTAP has raised $555 thousand across 2 funding rounds from investors including India South Hotels, Archana Srinivasan and Krishnan Rangi. The company has 128 employees. MTAP was last valued at $2.29 million in March 2019. Its Indian entity Mtap Technologies Private Limited reported revenue of ₹15.83 Cr. Its focus areas include Consumer, Road Transport Tech, Fleet Management and End to End.
Company details
MTAP was founded in 2013 in Bengaluru, India, focusing on the transportation sector. Sensor-based cloud solutions are provided for fleet operators, enabling location-based efficiency, real-time tracking, auto-routing, SOS alerts, passenger verification, and driving behavior monitoring. Customized apps are offered for employee transport scheduling, live streaming, invoice generation, school bus tracking, and taxi dispatch management to support operational improvements.
- Headquarters Bengaluru, India
- Employees 128
- Founders Satvir Singh Kohli
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website mtap.in
- Social LinkedIn X Facebook
- Legal Name Mtap Technologies Private Limited
- Date of Incorporation 08 Jan, 2013
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹15.83 Cr
FY 2024 · +25% YoY
- Net Profit₹29.3 Lakh
FY 2024 · 2% margin
- EBITDA₹98.7 Lakh
FY 2024 · 6% margin
- Total Equity Funding$555K (USD)
in 2 rounds
- Latest Funding Round$345.27K (USD), Seed
Mar 2019
- Employee Count128
Associated legal entities of MTAP
MTAP operates through Mtap Technologies 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 |
|---|---|---|---|---|---|---|---|
| Mtap Technologies Private Limited CIN U72900TN2013PTC089299 | Active | 08 Jan 2013 | Chennai, Tamil Nadu | ₹15.8 Cr | 128 | 3 | View details |
Apps and channels of MTAP
MTAP publishes 1 mobile app with over 50K+ downloads.
Funding Insights of MTAP
MTAP has successfully raised a total of $555K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $345.27 thousand completed in March 2019. 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 $555,005
- Total Rounds 2
- Last Round Seed — $345,266
- First Round $209,739
(Oct 2016)
- Investors Count 12
All 2 funding rounds of MTAP 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 2019 | $345,266 | Seed | $2.29M | India South Hotels | |
| Oct 2016 | $209,739 | Seed | – | Vibgyor Consultants, Tyagesa Advisory |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $2.29M | •••••••• |
Last known valuation $2.29M (Mar 2019). 12 investors in total: 3 institutional and 9 angel.
Investors in MTAP
MTAP has secured backing from 12 investors, including institutional and angel investors. Prominent investors backing the company include India South Hotels, Archana Srinivasan and Krishnan Rangi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Hotels are operated across southern India by this company. | indiasouthhotels.tcc.mode | |||
AS Archana Srinivasan | unknown_4ad994ec9cb34ccbb | |||
KR Krishnan Rangi | unknown_2c7fe3438a9d4d6a8 | |||
AA Ajantha Anand | unknown_8627dcfaa00a45c88 | |||
GR Gopala Rathnam | Angel investor and tech leader, ex-Google, focused on Indian startups | unknown_e0a2fd78ac1241c38 | ||
LM Lucinda Mahesh | unknown_7ff38a6eb50043c69 | |||
RN Rajiv Netra Ravichandran | unknown_be702479b4e64b84b | |||
VR Vatsal Rathod | Angel investor and entrepreneur, focused on tech startups in India. | unknown_7a164583d328494a8 | ||
SK Shiv Kumar Ramani | unknown_1c15251290134e11a | |||
RS Rahul ShivKumar | unknown_3db8aa8b8adf4fc19 |
Investor details for MTAP
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 Mtap Technologies Private Limited (MTAP)
Mtap Technologies Private Limited is the primary company behind MTAP. The board of Mtap Technologies Private Limited currently have 3 directors; the longest-serving is Chitturi Srinivas, appointed in 2018. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chitturi Srinivas DIN 08055650 | Director | 22 Jan 2018 | 8 yrs 9 mo | Mtap Technologies Private Limited |
| Satvir Singh Kohli DIN 08985847 | Director | 07 Dec 2020 | 5 yrs 10 mo | Mtap Technologies Private Limited |
| Krishnakumar Sruthi DIN 10994282 | Director | 10 Mar 2025 | 1 yr 7 mo | Mtap Technologies Private Limited |
People of MTAP
52 people are tracked at MTAP (8 in leadership, 2 in board & advisors, 42 in team); the tracked headcount is 128.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Krishnan Rangi | Director | Leadership |
Ajay Raja | Business Head | Leadership |
Ashish Sharma | Director Customer Success | Leadership |
Butchi Babu Podili | Head of Customer Success | Leadership |
Vinod Kumar Yadav | Director Sales | Leadership |
Selvapriya S | Head - Engineering | Leadership |
Fahad Nakade | Regional Sales Head - West | Leadership |
| Chairman & Co-Founder | Board & advisors | |
Shiv Kumar | Advisor | Board & advisors |
Sanket Yadav | Software Engineer | Team |
Hrushikesh Kanchan | Businss Analyst | Team |
Amol Chaudhari | Customer Success Consultant | Team |
Santhosh Surendran | Senior Customer Success | Team |
K S Swayam Prakash | Customer Success Consultant | Team |
NEHAL RAJU VYSYARAJU | Business Analyst | Team |
Basavaraj Teli | Business Analyst | Team |
MADANKUMAR S | Implementation Engineer | Team |
Hari Priya | Senior Test Engineer | Team |
Ankur Pathania | Product Manager | Team |
32 more people are available in the full profile.
Complete people profiles for MTAP
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 MTAP
Figures of Mtap Technologies Private Limited, the primary company behind MTAP, for FY 2024. Revenue was ₹15.83 Cr (+25% year on year). Net profit was ₹29.3 Lakh (2% margin). EBITDA was ₹98.7 Lakh (6% margin). Revenue has grown at a compounded annual rate of +33% over three years and +12% over five years.
- ₹15.83 CrRevenue · FY 2024 · +25% YoY
- ₹29.3 LakhNet profit · 2% margin
- ₹98.7 LakhEBITDA · 6% margin
- ₹2.61 CrPaid-up capital
- 128Employees (provident fund records)
- +33%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mtap Technologies Private Limited are on its company page.
Detailed financial statements for MTAP
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
Verified entity values are shown only after access is granted.
Timeline of MTAP
4 dated milestones of MTAP across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MTAP is founded.
- Funding First funding round of $210K.
- Funding Latest funding round, Seed, of $345K.
- Milestone Reaches Minicorn status.
Web traffic of MTAP
The website of MTAP (mtap.in) receives about 3.5K visits a month.
- Monthly visits3.5K
▲ 30.8% vs previous month
Websites whose visitors overlap most with MTAP. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| naukri.com | 100% | 29M | #1,336 | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as MTAP (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Mtap
Complete news archive for MTAP
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about MTAP
MTAP was founded in 2013 and raised its 1st funding round 3 years after it was founded.
MTAP is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MTAP is a funded company, having raised a total of $555K across 2 funding rounds to date. The company's 1st funding round was a Seed of $209.74K, raised on Oct 2016.
MTAP has 128 employees.
The primary company behind MTAP, Mtap Technologies Private Limited, reported revenue of ₹15.83 Cr for FY 2024, up 25% year on year.
MTAP was founded in 2013 in Bengaluru, India, focusing on the transportation sector. Sensor-based cloud solutions are provided for fleet operators, enabling location-based efficiency, real-time tracking, auto-routing, SOS alerts, passenger verification, and driving behavior monitoring. Customized apps are offered for employee transport scheduling, live streaming, invoice generation, school bus tracking, and taxi dispatch management to support operational improvements.
MTAP has 12 investors. Key investors include India South Hotels, Archana Srinivasan, Krishnan Rangi, Ajantha Anand, and Gopala Rathnam.
The valuation of MTAP is $2.29M as of Mar 2019.
MTAP operates through Mtap Technologies Private Limited.
The legal entities of MTAP currently have 3 directors, including Chitturi Srinivas, Satvir Singh Kohli, Krishnakumar Sruthi.
Yes. MTAP publishes SafeBus Parent, with over 50,000 downloads.