About Mynd Solutions
Mynd Solutions is a company based in Gurugram (India) founded in 2002 by Saurav Wadhwa, Vivek Misra, and Sundeep Mohindru.. Mynd Solutions has raised $28.49 million across 7 funding rounds from investors including IndiaMART, Amazon and Jindal Stainless. Mynd Solutions has completed 1 acquisition, including Qandle. Mynd Solutions operates in a competitive market with competitors including Workday, Freshworks, Paylocity, Sage Group and Kronos, among others.
- Headquarter Gurugram, India
- Founders Saurav Wadhwa, Vivek Misra, Sundeep Mohindru
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Mynd Solutions
Mynd Solutions has successfully raised a total of $28.49M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $3.22 million completed in March 2025. 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 7
- Last Round Series A — $3.2M
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First Round
First Round
(11 Mar 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Mynd Solutions | Valuation | Jindal Stainless |
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| Nov, 2022 | Amount | Series A - Mynd Solutions | Valuation |
investors |
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| Dec, 2021 | Amount | Series A - Mynd Solutions | Valuation | IndiaMART |
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| 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 Mynd Solutions
Mynd Solutions has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include IndiaMART, Amazon and Jindal Stainless. 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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Mayfield is focused on AI innovation and venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund
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Founded Year | Domain | Location | |
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Venture capital management for SMEs and startups in India.
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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 Mynd Solutions
Mynd Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Qandle. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based HR software solutions are provided for enterprises.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mynd Solutions
| 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 |
Mynd Solutions Comparisons
Competitors of Mynd Solutions
Mynd Solutions 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 Workday, Freshworks, Paylocity, Sage Group and Kronos, 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 |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Mynd Solutions
Frequently Asked Questions about Mynd Solutions
When was Mynd Solutions founded?
Mynd Solutions was founded in 2002 and raised its 1st funding round 13 years after it was founded.
Where is Mynd Solutions located?
Mynd Solutions is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Mynd Solutions?
Saurav Wadhwa is the current CEO of Mynd Solutions. They have also founded this company.
Is Mynd Solutions a funded company?
Mynd Solutions is a funded company, having raised a total of $28.49M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.31M, raised on Mar 11, 2015.
What does Mynd Solutions do?
Provider of integrated back-office solutions across finance, accounting, HR, compliance, and staffing. It offers managed services and technology-driven SaaS solutions. The company provides finance and accounting services, including accounts payable, accounts receivable, and record to report. It delivers payroll outsourcing and compliance services, covering labor, industrial, employment, and vendor compliance. The company offers specialized staffing solutions, including general staffing and employer of record services. It provides HR products suite streamlining employee lifecycle management.
Who are the top competitors of Mynd Solutions?
Mynd Solutions's top competitors include Workday, SuccessFactors and BlackLine.
How many acquisitions has Mynd Solutions made?
Mynd Solutions has made 1 acquisition, including Qandle.
Who are Mynd Solutions's investors?
Mynd Solutions has 6 investors. Key investors include IndiaMART, Amazon, Jindal Stainless, SIDBI Venture Capital, and Mayfield.
What is Mynd Solutions's valuation?
The valuation of Mynd Solutions is $54.69M as of Dec 2020.