Piscis Networks

Mumbai, India Founded: 2021 • Age: 5 yrs Minicorn
Network infrastructure services are provided by Piscis Networks in India.

About Piscis Networks

Piscis Networks is a Telecommunications company based in Mumbai (India) founded in 2021 by Mandar Lokegaonkar. Network infrastructure services are provided by Piscis Networks in India. Piscis Networks has raised $488.34 thousand across 1 funding round from investors including Nelco and Ramakrishnan Lakshminarayan. The company has 1 employees. Piscis Networks was last valued at $1.05 million in April 2023. Its Indian entity Piscis Networks Private Limited reported revenue of β‚Ή14.33 Cr. Piscis Networks offers products and services including PISCIS SD-WAN. Its focus areas include Telecom, Telecom Infrastructure Tech, Core Network and Software Defined Networking (SDN).

Company details

Piscis Networks was established in 2021 in Mumbai, India, within the telecommunications sector. Network infrastructure services are delivered by the company, encompassing setup, maintenance, and optimization of connectivity solutions. Operations are centered in the Indian market, with a focus on supporting business and enterprise needs. The organization is led by founder Mandar Lokegaonkar, and activities remain aligned with regional infrastructure demands.

  • Headquarters Mumbai, India
  • Employees 1
  • Founders Mandar Lokegaonkar
  • Stage Minicorn
  • Sectors
    Telecommunications
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website piscisnetworks.com
  • Social LinkedIn
  • Legal Name Piscis Networks Private Limited
  • Date of Incorporation 14 Jul, 2021
  • Jurisdiction Thane, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹14.33 Cr

    FY 2025 · +73% YoY

  • Net Profit
    ₹2.31 Cr

    FY 2025 · 16% margin

  • EBITDA
    ₹3.36 Cr

    FY 2025 · 23% margin

  • Total Equity Funding
    $488.34K (USD)

    in 1 rounds

  • Latest Funding Round
    $488.34K (USD), Seed

    Apr 2023

  • Investors
    Nelco

    & 1 more

  • Employee Count
    1

Products & Services of Piscis Networks

Piscis Networks offers a comprehensive portfolio of products and services, including PISCIS SD-WAN.

PISCIS SD-WAN
SD-WAN Solution

Unifies fiber, cellular, and satellite networks for improved connectivity.

Funding Insights of Piscis Networks

Piscis Networks has successfully raised a total of $488.34K through 1 strategic funding round. The most recent funding activity was a Seed round of $488.34 thousand completed in April 2023. 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 $488,344
  • Total Rounds 1
  • Last Round Seed β€” $488,344
  • First Round $488,344

    (Apr 2023)

  • Investors Count 2

All 1 funding rounds of Piscis Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2023$488,344Seed$1.05MNelco
Valuation history
DateValuationStage
Apr 2023$1.05Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.05M (Apr 2023). 2 investors in total: 1 institutional and 1 angel.

Investors in Piscis Networks

Piscis Networks has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Nelco and Ramakrishnan Lakshminarayan.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
IT services suite solutions are provided by Nelco.
1940nelco.inMumbai, India

Ramakrishnan Lakshminarayan

unknown_113f644a0f184b1b9
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Investor details for Piscis Networks

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Board of directors of Piscis Networks Private Limited (Piscis Networks)

Piscis Networks Private Limited is the primary company behind Piscis Networks. The board of Piscis Networks Private Limited currently have 5 directors; the longest-serving is Raghunath Balkrishna Lokegaonkar, appointed in 2021. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Raghunath Balkrishna Lokegaonkar
DIN 09240095
Director14 Jul 20215 yrs 3 moPiscis Networks Private Limited
Mandar Raghunath Lokegaonkar
DIN 06976821
Director14 Jul 20215 yrs 3 moPiscis Networks Private Limited
Pradip Jyoti Nath
DIN 05118177
Director10 Aug 20233 yrs 3 moPiscis Networks Private Limited
Ramakrishnan Lakshminarayan
DIN 10187886
Director10 Aug 20233 yrs 3 moPiscis Networks Private Limited
Malav Shah
DIN 09462697
Director10 Aug 20233 yrs 3 moPiscis Networks Private Limited

People of Piscis Networks

1 people are tracked at Piscis Networks (1 in leadership); the tracked headcount is 1.

NameRoleGroup
FounderLeadership
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Financials of Piscis Networks

Figures of Piscis Networks Private Limited, the primary company behind Piscis Networks, for FY 2025. Revenue was ₹14.33 Cr (+73% year on year). Net profit was ₹2.31 Cr (16% margin). EBITDA was ₹3.36 Cr (23% margin). Revenue has grown at a compounded annual rate of +495% over three years.

  • ₹14.33 CrRevenue · FY 2025 · +73% YoY
  • ₹2.31 CrNet profit · 16% margin
  • ₹3.36 CrEBITDA · 23% margin
  • ₹1.6 LakhPaid-up capital
  • 12Employees (provident fund records)
  • +495%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Piscis Networks Private Limited are on its company page.

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Detailed financial statements for Piscis Networks

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Timeline of Piscis Networks

3 dated milestones of Piscis Networks across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Piscis Networks is founded.
  2. Funding First funding round of $488K.
  3. Milestone Reaches Minicorn status.
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Frequently Asked Questions about Piscis Networks

Piscis Networks was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Piscis Networks is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Piscis Networks is a funded company, having raised a total of $488.34K across 1 funding round to date. The company's 1st funding round was a Seed of $488.34K, raised on Apr 2023.

Piscis Networks has 1 employees.

The primary company behind Piscis Networks, Piscis Networks Private Limited, reported revenue of β‚Ή14.33 Cr for FY 2025, up 73% year on year.

Piscis Networks was established in 2021 in Mumbai, India, within the telecommunications sector. Network infrastructure services are delivered by the company, encompassing setup, maintenance, and optimization of connectivity solutions. Operations are centered in the Indian market, with a focus on supporting business and enterprise needs. The organization is led by founder Mandar Lokegaonkar, and activities remain aligned with regional infrastructure demands.

Piscis Networks offers PISCIS SD-WAN.

Piscis Networks has 2 investors. Key investors include Nelco, and Ramakrishnan Lakshminarayan.

The valuation of Piscis Networks is $1.05M as of Apr 2023.

Piscis Networks operates through Piscis Networks Private Limited.

The legal entities of Piscis Networks currently have 5 directors, including Raghunath Balkrishna Lokegaonkar, Mandar Raghunath Lokegaonkar, Pradip Jyoti Nath and others.

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