About Trimax
Trimax is a Technology company based in Mumbai (India) founded in 1995 by Surya Prakash Madrecha. It operates as an IT solutions for transportation and telecom sectors are provided. Trimax has raised $40.47 million across 3 funding rounds from investors including Aditya Birla Capital, Blend Financial Services and BanyanTree Finance. The company has 336 employees. Trimax was last valued at $203.5 million in March 2012. Its focus areas include Business Services, IT Services, IT Operations and Monitoring and Management. Its competitors include Computacenter, Nettlinx, inTarvo, Rapid Response Monitoring Services and Recall and 1 more; 1 of its 6 listed competitors has raised funding.
Company details
Trimax is an IT firm providing solutions for the transportation and telecom industries. Product offerings include an Automatic Fare Collection System (AFCS) for managing cash non-cash transactions, a Centralized Travel Reservation System (CRS) for managing intercity transportation reservations, a GPS-based fleet management tracking system, T-Wifi to offer managed wi-fi services WAN solutions in partnership with BSNL (Indian government-owned telecom company), and FTTH (Fiber To The home) to offer broadband connectivity to homes (includes TV services, VPN, point to point point to multipoint connectivity, VPLS, VoIP telephony, video telephony, leased line, etc). Additionally, the company also offers cloud computing, system integration, enterprise network management, and IT infrastructure management services to clients.
- Annual Revenue$10.54 M (USD)8as on Mar 31, 2024
- Net Profit-$6.58 M (USD)-250as on Mar 31, 2024
- EBITDA-$2.95 M (USD)-292as on Mar 31, 2024
- Total Equity Funding$40.47M (USD)
in 3 rounds
- Latest Funding Round$20M (USD), Private Equity Round
Mar 2012
- InvestorsAditya Birla Capital
& 4 more
- Employee Count336
Associated legal entities of Trimax
Trimax is associated with 7 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trimax Smart Infraprojects Private Limited CIN U74999KA2017PTC135030 | Active | 13 Jul 2017 | Bangalore, Karnataka | ₹3.5 Cr | – | 2 | View details |
| Ebix Technologies Limited CIN U72900DL2002PLC392081 | Active | 26 Apr 2002 | New Delhi, Delhi | ₹514 Cr | 2,170 | 6 | View details |
| Ebixcash Financial Technologies Private Limited CIN U72200DL1999PTC391893 | Amalgamated | 26 Mar 1999 | New Delhi, Delhi | ₹69.2 Cr | 199 | 2 | View details |
| Resilient Softech Private Limited CIN U72200MH2000PTC125487 | Strike Off | 30 Mar 2000 | Mumbai, Maharashtra | ₹0.0 Cr | 27 | 3 | View details |
| Trimax Managed Services Limited CIN U74999MH2011PLC211910 | Strike Off | 06 Jan 2011 | Mumbai, Maharashtra | ₹0.1 Cr | – | 3 | View details |
| Trimax Datacenter Services Limited CIN U72200MH2008PLC184708 | Active | 16 Jul 2008 | Mumbai, Maharashtra | ₹14.5 Cr | 28 | 6 | View details |
| Ebixcash Mobility Software India Limited CIN U30000MH1995PLC091944 | Active | 18 Aug 1995 | Mumbai, Maharashtra, India | – | – | – | View details |
Funding Insights of Trimax
Trimax has successfully raised a total of $40.47M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $20 million completed in March 2012. 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 $40.47M
- Total Rounds 3
- Last Round Private Equity Round — $20M
- First Round $4.85M
(Mar 2009)
- Investors Count 5
All 3 funding rounds of Trimax 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 |
|---|---|---|---|---|---|
| Mar 2012 | $20M | Private Equity Round | $203.5M | Aditya Birla Capital | |
| Sep 2010 | $15.62M | Private Equity Round | $115.12M | – | |
| Mar 2009 | $4.85M | Private Equity Round | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2012 | $203.5M | •••••••• |
| Sep 2010 | $115.12M | •••••••• |
Last known valuation $203.5M (Mar 2012). 5 investors in total: 4 institutional and 1 angel.
Investors in Trimax
Trimax has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Aditya Birla Capital, Blend Financial Services and BanyanTree Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified asset management and private equity firm focused on small and medium sized enterprises | – | zephyrpeacock.com | Bengaluru, India | |
Investment firm engaging in diverse sector partnerships in India. | 2008 | banyantreefinance.com | Mumbai, India | |
Diversified financial services including investment, insurance, and lending are offered. | 2007 | adityabirlacapital.com | Mumbai, India | |
Global financial consultancy and specialty finance services. | 1997 | blendfinance.com | Mumbai, India | |
MG Mukul Gulati | - | – | unknown_7ce271b75bdd4a16b | - |
Investor details for Trimax
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Board of directors of Trimax
The boards of the 6 registered companies of Trimax currently have 16 directors; the longest-serving is Sumit Khadria, appointed in 2017. 80 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumit Khadria DIN 07945188 | CFO | 06 Sep 2017 | 9 yrs 1 mo | Ebix Technologies Limited |
| Satya Bushan Kotru DIN 01729176 | Director | 04 Oct 2018 | 8 yrs | Ebixcash Financial Technologies Private Limited |
| Vikas Verma DIN 03511116 | Director | 04 Oct 2018 | 8 yrs | Ebixcash Financial Technologies Private Limited |
| Vinod Kumar Singh DIN 07981825 | Director | 19 Aug 2020 | 6 yrs 2 mo | Resilient Softech Private Limited, Trimax Managed Services Limited |
| Mahkar Singh DIN 08308130 | Director | 19 Aug 2020 | 6 yrs 2 mo | Resilient Softech Private Limited, Trimax Managed Services Limited |
| Raman Singh Bhati DIN 07879660 | Director | 19 Aug 2020 | 6 yrs 2 mo | Resilient Softech Private Limited, Trimax Managed Services Limited |
| Yogesh Shrikrishna Dhakras DIN 01237733 | Whole-time director | 24 Dec 2024 | 1 yr 9 mo | Trimax Datacenter Services Limited |
| Bhawna Sharma DIN 10288658 | Director | 06 Jan 2025 | 1 yr 9 mo | Ebix Technologies Limited |
| Rajinder Sharma DIN 11030701 | Director | 01 Apr 2025 | 1 yr 6 mo | Trimax Datacenter Services Limited |
| Chaganti Samba Murty DIN 10670239 | Director | 08 Apr 2025 | 1 yr 6 mo | Ebix Technologies Limited |
| Ashish Jaitly DIN 10942708 | Whole-time director | 08 Apr 2025 | 1 yr 6 mo | Ebix Technologies Limited |
| Ashish Banarasilal Kapoor DIN 02752632 | Director | 14 Apr 2025 | 1 yr 6 mo | Trimax Smart Infraprojects Private Limited |
| Chandan Kumar DIN 08139239 | Director | 29 May 2025 | 1 yr 4 mo | Ebix Technologies Limited |
| Mangesh Vidyadhar Parkar DIN 02668638 | CFO | 01 Jul 2025 | 1 yr 3 mo | Trimax Datacenter Services Limited |
| Kamal Wadhwa DIN 09598499 | Additional Director | 07 Aug 2025 | 1 yr 2 mo | Trimax Datacenter Services Limited |
| Srivathsala Kanchi Nandagopal DIN 06465469 | Director | 03 Sep 2025 | 1 yr 1 mo | Trimax Smart Infraprojects Private Limited |
People of Trimax
8 people are tracked at Trimax (3 in leadership, 5 in team); the tracked headcount is 336.
| Name | Role | Group |
|---|---|---|
| Founder & Chairman | Leadership | |
Vijaya Sharma | Head Of Human Resources | Leadership |
Mitali Chavan | General Manager- Training & Org. Development | Leadership |
Madrecha Surya Prakash | Owner | Team |
Hemant Malviya | Project Manager | Team |
Ashwini Patil | HR Executive | Team |
Seema Malkani | Assistant Payroll Manager | Team |
Vijay Kumar | Sr. Manager | Team |
Complete people profiles for Trimax
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Trimax
Figures of Ebixcash Financial Technologies Private Limited, the primary company behind Trimax, for FY 2024. Revenue was ₹69.18 Cr (+10% year on year). Net profit was ₹6.52 Cr (9% margin). EBITDA was ₹23.65 Cr (34% margin). Revenue has grown at a compounded annual rate of +3% over three years.
- ₹69.18 CrRevenue · FY 2024 · +10% YoY
- ₹6.52 CrNet profit · 9% margin
- ₹23.65 CrEBITDA · 34% margin
- ₹12.9 LakhPaid-up capital
- 199Employees (provident fund records)
- +3%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ebixcash Financial Technologies Private Limited are on its company page.
Detailed financial statements for Trimax
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Trimax
4 dated milestones of Trimax across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Trimax is founded.
- Funding First funding round of $4.9M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Private Equity Round, of $20.0M.
Competitors of Trimax
Trimax has 6 listed competitors in our database, 1 of them funded. They include Computacenter, Nettlinx, inTarvo, Rapid Response Monitoring Services and Recall, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| computacenter.com | 1981 | London, United Kingdom | – | 1,539 | IT infrastructure services and advisory solutions are delivered to organizations. | |
| nettlinx.com | 1994 | Hyderabad, India | – | 50 | Internet connectivity and infrastructure services are provided by Nettlinx. | |
| intarvo.com | 1995 | Noida, India | $26.52M | 50 | Provides contact center, field support, IT infrastructure, security, and e-waste management services. | |
| rrms.com | 1992 | Syracuse, United States | – | 575 | Provides alarm monitoring and security solutions for business partners and integrators. | |
| recall.com | 1999 | Norcross, United States | – | 60 | Information life-cycle management services are provided to clients. | |
| fxinnovation.com | 2002 | Montreal, Canada | – | – | IT monitoring services are provided by FX Innovation to clients. |
Detailed competitors of Trimax
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Trimax
Websites that share an audience with Trimax (trimax.in).
Websites whose visitors overlap most with Trimax. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
globalservices.bt.com | globalservices.bt.com | 100% | – | – | – |
| avaya.com | 100% | 432.4K | #115,660 | View details | |
| peaksolutions.com.au | 55% | – | – | View details | |
panbusiness.net | panbusiness.net | 54% | – | – | – |
computron.gr | computron.gr | 35% | – | #4,765,096 | – |
Top companies in IT Services & Operations
10 companies that operate in the same segment as Trimax (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Trimax
Trimax was founded in 1995 and raised its 1st funding round 14 years after it was founded.
Trimax is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Trimax is a funded company, having raised a total of $40.47M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $4.85M, raised on Mar 2009.
Trimax has 336 employees.
Annual revenue of Trimax is $10.54M as on Mar 31, 2024.
Trimax is an IT firm providing solutions for the transportation and telecom industries. Product offerings include an Automatic Fare Collection System (AFCS) for managing cash non-cash transactions, a Centralized Travel Reservation System (CRS) for managing intercity transportation reservations, a GPS-based fleet management tracking system, T-Wifi to offer managed wi-fi services WAN solutions in partnership with BSNL (Indian government-owned telecom company), and FTTH (Fiber To The home) to offer broadband connectivity to homes (includes TV services, VPN, point to point point to multipoint connectivity, VPLS, VoIP telephony, video telephony, leased line, etc). Additionally, the company also offers cloud computing, system integration, enterprise network management, and IT infrastructure management services to clients.
Trimax's top competitors include Computacenter, Nettlinx and Recall.
Trimax has 5 investors. Key investors include Aditya Birla Capital, Blend Financial Services, BanyanTree Finance, Zephyr Peacock, and Mukul Gulati.
The valuation of Trimax is $203.5M as of Mar 2012.
Trimax is associated with 6 legal entities: Ebixcash Financial Technologies Private Limited, Trimax Smart Infraprojects Private Limited, Resilient Softech Private Limited and others.
The legal entities of Trimax currently have 19 directors, including Satya Bushan Kotru, Vikas Verma, Ashish Banarasilal Kapoor and others.