About MTAP
MTAP is a company based in Bengaluru (India) founded in 2013 by Satvir Singh Kohli.. 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 as of July 30, 2025. MTAP operates in a competitive market with competitors including Samsara, Platform Science, Wright Express, Radius and Omnitracs, among others.
- Headquarter Bengaluru, India
- Employees 128 as on 30 Jul, 2025
- Founders Satvir Singh Kohli
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Mtap Technologies Private Limited
- Date of Incorporation 08 Jan, 2013
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$1.85 M (USD)24.97as on Mar 31, 2024
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Net Profit
$34.27 K (USD)-92.21as on Mar 31, 2024
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EBITDA
$115.31 K (USD)-76.86as on Mar 31, 2024
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Total Equity Funding
$555 K (USD)
in 2 rounds
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Latest Funding Round
$345.27 K (USD), Seed
Mar 15, 2019
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Investors
India South Hotels
& 11 more
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Employee Count
128
as on Jul 30, 2025
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $345,266
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First Round
First Round
(14 Oct 2016)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Seed - MTAP | Valuation | India South Hotels | |
| Oct, 2016 | Amount | Seed - MTAP | Valuation | Vibgyor Consultants , Tyagesa Advisory |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Hotels are operated across southern India by this company.
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Founded Year | Domain | Location | |
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AS
Archana Srinivasan |
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Founded Year | Domain | Location |
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KR
Krishnan Rangi |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MTAP
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MTAP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mtap Comparisons
Competitors of MTAP
MTAP 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 Samsara, Platform Science, Wright Express, Radius and Omnitracs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Cloud-based fleet management solutions are provided for transportation operations.
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| domain | founded_year | HQ Location |
Fleet management solutions are provided for tracking and optimization needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MTAP
When was MTAP founded?
MTAP was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is MTAP located?
MTAP is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is MTAP a funded company?
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 14, 2016.
How many employees does MTAP have?
As of Jul 30, 2025, the latest employee count at MTAP is 128.
What is the annual revenue of MTAP?
Annual revenue of MTAP is $1.85M as on Mar 31, 2024.
What does MTAP do?
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.
Who are the top competitors of MTAP?
MTAP's top competitors include Samsara, Wright Express and Radius.
Who are MTAP's investors?
MTAP has 12 investors. Key investors include India South Hotels, Archana Srinivasan, Krishnan Rangi, Ajantha Anand, and Gopala Rathnam.
What is MTAP's valuation?
The valuation of MTAP is $2.29M as of Mar 2019.