About M-Tech Innovations
M-Tech Innovations is a company based in Pune (India) founded in 1992 by Rajkumar Milapchand Gandhi. M-Tech Innovations has raised $1.5 million across 2 funding rounds from investors including ACG Group, Brickwork Ratings and Bhuvantray Investment And Trading. The company has 708 employees as of April 06, 2024. M-Tech Innovations offers products and services including Smart Cards, RFID Reader, Vehicle Tracking System, and Human Machine Interface.
- Headquarter Pune, India
- Employees 708 as on 06 Apr, 2024
- Founders Rajkumar Milapchand Gandhi
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsTechnology
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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 M-Tech Innovations Limited
- Date of Incorporation 20 Feb, 1992
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$12.39 M (USD)29.16as on Mar 31, 2024
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Net Profit
$393.75 K (USD)89.3as on Mar 31, 2024
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EBITDA
$1.44 M (USD)24.94as on Mar 31, 2024
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Total Equity Funding
$1.5 M (USD)
in 2 rounds
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Latest Funding Round
$4.2 M (USD), Debt – Conventional
Sep 23, 2016
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Investors
ACG Group
& 33 more
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Employee Count
708
as on Apr 06, 2024
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Products & Services of M-Tech Innovations
M-Tech Innovations offers a comprehensive portfolio of products and services, including Smart Cards, RFID Reader, Vehicle Tracking System, and Human Machine Interface.
Cards for secure transactions and identification purposes.
Systems for tracking and data reading applications.
Tools to monitor vehicle locations remotely.
Products for interactive machine operations.
People of M-Tech Innovations
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Funding Insights of M-Tech Innovations
M-Tech Innovations has successfully raised a total of $1.5M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.2 million completed in September 2016. 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 M-Tech Innovations
M-Tech Innovations has secured backing from 34 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ACG Group, Brickwork Ratings and Bhuvantray Investment And Trading.
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Venture capital investments are managed for promising startups.
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Offers credit ratings for bank loans, bonds, and financial instruments in India.
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Manufacturer & supplier of solid dosage products, pharmaceutical machinery and equipment, and packaging solutions
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Investor details for M-Tech Innovations
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Investments & Acquisitions by M-Tech Innovations
Investment portfolio details for M-Tech Innovations
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Financial Statements - M-Tech Innovations
Detailed financials for M-Tech Innovations
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M-Tech Innovations Comparisons
Peer comparison for M-Tech Innovations
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Competitors of M-Tech Innovations
Latest news on M-Tech Innovations
Complete news archive for M-Tech Innovations
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Frequently Asked Questions about M-Tech Innovations
M-Tech Innovations was founded in 1992 and raised its 1st funding round 14 years after it was founded.
M-Tech Innovations is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
M-Tech Innovations is a funded company, having raised a total of $1.5M across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at M-Tech Innovations is 708.
Annual revenue of M-Tech Innovations is $12.39M as on Mar 31, 2024.
M-Tech Innovations was founded in 1992 in Pune, India, as a manufacturer in the electronics and automotive sectors. Smart cards and RFID systems are produced in a secure facility, with end-to-end solutions provided for RFID applications. Automotive components, including dials, membrane switches, and in-mold decorations, are manufactured in a dedicated facility. Operations emphasize efficiency, quality control, and customized client solutions across these product lines.
M-Tech Innovations offers Smart Cards, RFID Reader, Vehicle Tracking System, and Human Machine Interface.
M-Tech Innovations has 34 investors. Key investors include ACG Group, Brickwork Ratings, Bhuvantray Investment And Trading, Canbank VC, and Ganesh Shingavi.
The valuation of M-Tech Innovations is $4.18M as of Nov 2006.