
About mxface
mxface is a Technology company based in Ahmedabad (India) founded in 2020 by Bhavyen Bhandari. It offers AI-powered biometric and vehicle recognition technologies for authentication. It operates on a SaaS and B2B model. The company has 505 employees. Its Indian entity Mantra Softech (India) Private Limited reported revenue of βΉ424 Cr. mxface offers products and services including Face Recognition API, Fingerprint Recognition, Iris Recognition, Vehicle Detection, and Passive Liveness Detection. Its focus areas include AI and Computer Vision, Biometrics, Face Recognition and Vehicle Recognition.
Company details
MxFace specializes in AI-driven computer vision solutions, including face, fingerprint, and vehicle recognition APIs. The company uses deep learning for secure identity verification in sectors like security and fintech. Based in Ahmedabad, India, it serves global enterprises with real-time detection and analysis tools, enhancing fraud prevention and access control through scalable platforms.
- Headquarters Ahmedabad, India
- Employees 505
- Founders Bhavyen Bhandari
- SectorsTechnology
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- Website mxface.ai
- Social LinkedIn Facebook
- Legal Name Mantra Softech India Pvt. Ltd.
- 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 mxface
mxface 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 mxface
mxface offers a comprehensive portfolio of products and services, including Face Recognition API, Fingerprint Recognition, Iris Recognition, Vehicle Detection, and Passive Liveness Detection.
API for detecting and verifying faces in real-time security.
System for scanning fingerprints to enable secure access.
Technology for identifying unique iris patterns accurately.
Tools for detecting and classifying vehicles in videos.
Method to verify real faces without user interaction.
Board of directors of Mantra Softech (India) Private Limited (mxface)
Mantra Softech (India) Private Limited is the primary company behind mxface. 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 |
People of mxface
1 people are tracked at mxface (1 in leadership); the tracked headcount is 505.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for mxface
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Financials of mxface
Figures of Mantra Softech (India) Private Limited, the primary company behind mxface, 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 mxface
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of mxface
Websites that share an audience with mxface (mxface.ai).
Websites whose visitors overlap most with mxface. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| scylla.ai | 69% | 37.1K | #793,946 | View details | |
| faceplusplus.com | 61% | 81.8K | #463,666 | View details |
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Related news about Mxface
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Frequently Asked Questions about mxface
mxface was founded in 2020.
mxface is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
mxface has 505 employees.
The primary company behind mxface, Mantra Softech (India) Private Limited, reported revenue of βΉ424 Cr for FY 2025, up 12% year on year.
MxFace specializes in AI-driven computer vision solutions, including face, fingerprint, and vehicle recognition APIs. The company uses deep learning for secure identity verification in sectors like security and fintech. Based in Ahmedabad, India, it serves global enterprises with real-time detection and analysis tools, enhancing fraud prevention and access control through scalable platforms.
mxface offers Face Recognition API, Fingerprint Recognition, Iris Recognition, Vehicle Detection, and Passive Liveness Detection.
mxface operates through Mantra Softech (India) Private Limited.
The legal entities of mxface currently have 5 directors, including Hiren Bhandari, Bhavyen Bhandari, Aarti Mahendrakumar Jain and others.
