About ProtoMinds
ProtoMinds is a company based in Milpitas (United States) founded in 2015 by Shri Raju was acquired by Xalles in February 2021.. The company has 35 employees as of March 31, 2024. ProtoMinds offers products and services including Staff Augmentation, Software Development Outsourcing, Offshore Services, and Managed IT Services. ProtoMinds operates in a competitive market with competitors including Symphony, EXIGER, Ascent, Cable and Clausematch, among others.
- Headquarter Milpitas, United States
- Employees 35 as on 31 Mar, 2024
- Founders Shri Raju
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Sectors
Financial ServicesTechnology
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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 Protominds Software Solutions Private Limited
- Date of Incorporation 19 Aug, 2011
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Products & Services of ProtoMinds
ProtoMinds offers a comprehensive portfolio of products and services, including Staff Augmentation, Software Development Outsourcing, Offshore Services, and Managed IT Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides skilled professionals for workforce integration and project support.
Delivers customized software solutions for various business needs.
Offers cost-effective IT support from remote locations.
Handles IT maintenance and solutions for ongoing business operations.
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Funding Insights of ProtoMinds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in ProtoMinds
ProtoMinds has secured backing from 1 investor. Prominent investors backing the company include Xalles. 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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Fin-tech sector operations are diversified across conglomerate activities by Xalles.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ProtoMinds
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - ProtoMinds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Protominds Comparisons
Competitors of ProtoMinds
ProtoMinds 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 Symphony, EXIGER, Ascent, Cable and Clausematch, 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 |
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| domain | founded_year | HQ Location |
Compliance management solutions for financial institutions
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Third-party risks and supply chains are managed via AI platform.
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| domain | founded_year | HQ Location |
Strategy management consulting services are provided by Ascent.
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| domain | founded_year | HQ Location |
AML solutions for financial institutions
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| domain | founded_year | HQ Location |
Cloud-based solutions for trade negotiation management are provided.
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| domain | founded_year | HQ Location |
Compliance management solutions are offered for financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ProtoMinds
When was ProtoMinds founded?
ProtoMinds was founded in 2015.
Where is ProtoMinds located?
ProtoMinds is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Who is the current CEO of ProtoMinds?
Shri Raju is the current CEO of ProtoMinds. They have also founded this company.
How many employees does ProtoMinds have?
As of Mar 31, 2024, the latest employee count at ProtoMinds is 35.
What is the annual revenue of ProtoMinds?
Annual revenue of ProtoMinds is $367.65K as on Mar 31, 2022.
What does ProtoMinds do?
Founded in 2015 in Milpitas, United States, ProtoMinds operates in the financial compliance sector. Solutions for monitoring data, calculations, risks, and reports are offered in alignment with IFRS and GAAP standards. Specific products include FINICS for IFRS9-based compliance, Zuora RevPro for revenue recognition under ASC 606 and IFRS 15, and Blackline for accounting process standardization.
Who are the top competitors of ProtoMinds?
What products or services does ProtoMinds offer?
ProtoMinds offers Staff Augmentation, Software Development Outsourcing, Offshore Services, and Managed IT Services.
Who are ProtoMinds's investors?
ProtoMinds has 1 investor. Key investors include Xalles.
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