About TATHYA
TATHYA is a Technology company based in Mumbai (India) founded in 2019 by Nikit Shrungarpawar, Gunjan Thakuria, Naresh Palaiya, and Himangshu Das. TATHYA has raised $400.72 thousand across 7 funding rounds from investors including Alchemist Accelerator, Turbostart and Chinmay Kelkar. TATHYA was last valued at $1.18 million in February 2020. Its chief executive, as recorded, is Gunjan Thakuria. Its Indian entity Ground Truth Technology Private Limited reported revenue of ₹1.47 Cr. TATHYA offers products and services including Mill/Smelter Production Index, Stockpile Inventory, and Mining Activity. Its focus areas include High Tech, Geographic Information Systems, Location Analytics and Natural Resources.
Company details
Provides satellite data analytics using machine learning and AI. It allows users to source data from satellite images and multiple data sources and manage database solutions. It analyses satellite data and other alternative data sources to determine commodities production and inventory, particularly focusing on iron ore, coal, and steel production.
- Headquarters Mumbai, India
- Founders Nikit Shrungarpawar, Gunjan Thakuria, Naresh Palaiya, Himangshu Das
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website tathya.earth
- Social LinkedIn X
- Legal Name Ground Truth Technology Private Limited
- Date of Incorporation 31 Oct, 2019
- Jurisdiction Kharegaon (Thane), Maharashtra, India
- Annual Revenue₹1.47 Cr
FY 2024 · +72% YoY
- Net Loss-₹65.7 Lakh
FY 2024 · -45% margin
- EBITDA-₹63.4 Lakh
FY 2024 · -43% margin
- Total Equity Funding$400.72K (USD)
in 7 rounds
- Latest Funding Round$44.56K (USD), Seed
Jul 2025
- InvestorsAlchemist Accelerator
& 12 more
Associated legal entities of TATHYA
TATHYA is associated with 2 registered companies on The Company Check; the primary company is Ground Truth Technology Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ground Truth Technology Private Limited CIN U72900MH2019PTC332384 | Active | 31 Oct 2019 | Thane, Maharashtra | ₹1.5 Cr | 158 | 2 | View details |
| Earthview Analytics Limited Liability Partnership CIN ACC-0403 | Active | 14 Jul 2023 | Bangalore, Karnataka | 3 | View details |
Products & Services of TATHYA
TATHYA offers a comprehensive portfolio of products and services, including Mill/Smelter Production Index, Stockpile Inventory, and Mining Activity.
Provides weekly production insights for steel mills and smelters
Monitors raw material inventory at ports and locations
Offers fortnightly insights on mining activities for commodities
Funding Insights of TATHYA
TATHYA has successfully raised a total of $400.72K across 7 strategic funding rounds. The most recent funding activity was a Seed round of $44.56 thousand completed in July 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 $400,719
- Total Rounds 7
- Last Round Seed — $44,560
- Investors Count 13
All 7 funding rounds of TATHYA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | $44,560 | Seed | – | Alchemist Accelerator | – |
| Apr 2024 | $37,181 | Angel Round | – | – | – |
| Jan 2023 | Seed | – | Alchemist Accelerator | – | |
| Nov 2022 | $66,483 | Seed | – | Alchemist Accelerator | – |
| Apr 2021 | $159,877 | Angel Round | – | Anurag Bhatnagar | |
| Apr 2020 | $92,618 | Angel Round | – | Shailendra Pathak | |
| Feb 2020 | Seed | $1.18M | Turbostart | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2020 | $1.18M | •••••••• |
Last known valuation $1.18M (Feb 2020). 13 investors in total: 2 institutional and 11 angel.
Investors in TATHYA
TATHYA has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Alchemist Accelerator, Turbostart and Chinmay Kelkar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Enterprise startups are accelerated via a 6-month program. | alchemistaccelerator.com | San Francisco, United States | ||
Venture capital financing and ecosystem support for early-stage startups globally. | 2019 | turbostart.co | ||
CK Chinmay Kelkar | unknown_aad0b4a7a5f042eba | |||
AB Anurag Bhatnagar | Angel investor and tech enthusiast, focusing on early-stage Indian startups. | unknown_60c6ee141d8c49d68 | ||
SP Shailendra Pathak | unknown_ed52f44658754a648 | |||
AJ Amar Jawa | unknown_dea419cb91514ca69 | |||
OB Onkar Bhende | unknown_ef63ee8059a74ba39 | |||
SK Satish Kumar | unknown_efe19c61c21540509 | |||
PJ Prateek Jindal | unknown_584b9ff5003e422f9 | |||
MM Mayur Madawar | unknown_6c78908941c649f9a |
Investor details for TATHYA
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ground Truth Technology Private Limited (TATHYA)
Ground Truth Technology Private Limited is the primary company behind TATHYA. The boards of the 2 registered companies of TATHYA currently have 3 directors; the longest-serving is Naresh Palaiya, appointed in 2023. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naresh Palaiya DIN 07540117 | Designated Partner | 14 Jul 2023 | 3 yrs 3 mo | Earthview Analytics Limited Liability Partnership |
| Nikit Dipak Shrungarpawar DIN 08599754 | Designated Partner | 14 Jul 2023 | 3 yrs 3 mo | Earthview Analytics Limited Liability Partnership, Ground Truth Technology Private Limited |
| Himangshu Das DIN 08599753 | Designated Partner | 14 Jul 2023 | 3 yrs 3 mo | Earthview Analytics Limited Liability Partnership, Ground Truth Technology Private Limited |
People of TATHYA
4 people are tracked at TATHYA (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Gunjan Thakuria | Co-Founder & CEO | Leadership |
| Co-Founder & CTO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for TATHYA
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of TATHYA
Figures of Ground Truth Technology Private Limited, the primary company behind TATHYA, for FY 2024. Revenue was ₹1.47 Cr (+72% year on year). Net loss was -₹65.7 Lakh (-45% margin). EBITDA was -₹63.4 Lakh (-43% margin). Revenue has grown at a compounded annual rate of +244% over three years.
- ₹1.47 CrRevenue · FY 2024 · +72% YoY
- -₹65.7 LakhNet loss · -45% margin
- -₹63.4 LakhEBITDA · -43% margin
- ₹1.2 LakhPaid-up capital
- 158Employees (provident fund records)
- +244%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ground Truth Technology Private Limited are on its company page.
Detailed financial statements for TATHYA
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of TATHYA
4 dated milestones of TATHYA across 6 years, from founding to its latest funding, stage changes and deals.
- Founded TATHYA is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $45K.
Web traffic of TATHYA
The website of TATHYA (tathya.earth) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 35.9% vs previous month
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Frequently Asked Questions about TATHYA
TATHYA was founded in 2019 and raised its 1st funding round 1 year after it was founded.
TATHYA is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Gunjan Thakuria is the CEO of TATHYA, as recorded in our data. They have also founded this company.
TATHYA is a funded company, having raised a total of $400.72K across 7 funding rounds to date.
The primary company behind TATHYA, Ground Truth Technology Private Limited, reported revenue of ₹1.47 Cr for FY 2024, up 72% year on year.
Provides satellite data analytics using machine learning and AI. It allows users to source data from satellite images and multiple data sources and manage database solutions. It analyses satellite data and other alternative data sources to determine commodities production and inventory, particularly focusing on iron ore, coal, and steel production.
TATHYA offers Mill/Smelter Production Index, Stockpile Inventory, and Mining Activity.
TATHYA has 13 investors. Key investors include Alchemist Accelerator, Turbostart, Chinmay Kelkar, Anurag Bhatnagar, and Shailendra Pathak.
The valuation of TATHYA is $1.18M as of Feb 2020.
TATHYA is associated with 2 legal entities: Ground Truth Technology Private Limited, Earthview Analytics Limited Liability Partnership.
The legal entities of TATHYA currently have 3 directors, including Naresh Palaiya, Nikit Dipak Shrungarpawar, Himangshu Das.