About Trimax
Trimax is a company based in Mumbai (India) founded in 1995 by Surya Prakash Madrecha.. 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 as of October 31, 2024. Trimax operates in a competitive market with competitors including Computacenter, Nettlinx, inTarvo, Rapid Response Monitoring Services and Recall, among others.
- Headquarter Mumbai, India
- Employees 336 as on 31 Oct, 2024
- Founders Surya Prakash Madrecha
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$10.54 M (USD)8as on Mar 31, 2024
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Net Profit
$-6.58 M (USD)-250as on Mar 31, 2024
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EBITDA
$-2.95 M (USD)-292as on Mar 31, 2024
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Total Equity Funding
$40.47 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Private Equity Round
Mar 31, 2012
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Investors
Aditya Birla Capital
& 4 more
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Employee Count
336
as on Oct 31, 2024
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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 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 Total Funding
- Total Rounds 3
- Last Round Private Equity Round — $20.0M
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First Round
First Round
(01 Mar 2009)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2012 | Amount | Private Equity Round - Trimax | Valuation | Aditya Birla Capital | |
| Sep, 2010 | Amount | Private Equity Round - Trimax | Valuation |
investors |
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| Mar, 2009 | Amount | Private Equity Round - Trimax | Valuation |
investors |
| 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 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. 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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Diversified asset management and private equity firm focused on small and medium sized enterprises
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Founded Year | Domain | Location | |
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Investment firm engaging in diverse sector partnerships in India.
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Founded Year | Domain | Location | |
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Diversified financial services including investment, insurance, and lending are offered.
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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 Trimax
| 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 |
Financial Statements - Trimax
| 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 |
Trimax Comparisons
Competitors of Trimax
Trimax 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 Computacenter, Nettlinx, inTarvo, Rapid Response Monitoring Services and Recall, 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 |
IT infrastructure services and advisory solutions are delivered to organizations.
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| domain | founded_year | HQ Location |
Internet connectivity and infrastructure services are provided by Nettlinx.
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| domain | founded_year | HQ Location |
Provides contact center, field support, IT infrastructure, security, and e-waste management services.
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| domain | founded_year | HQ Location |
Provides alarm monitoring and security solutions for business partners and integrators.
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| domain | founded_year | HQ Location |
Information life-cycle management services are provided to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Trimax
Frequently Asked Questions about Trimax
When was Trimax founded?
Trimax was founded in 1995 and raised its 1st funding round 14 years after it was founded.
Where is Trimax located?
Trimax is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Trimax a funded company?
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 01, 2009.
How many employees does Trimax have?
As of Oct 31, 2024, the latest employee count at Trimax is 336.
What is the annual revenue of Trimax?
Annual revenue of Trimax is $10.54M as on Mar 31, 2024.
What does Trimax do?
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.
Who are the top competitors of Trimax?
Trimax's top competitors include Computacenter, Nettlinx and Recall.
Who are Trimax's investors?
Trimax has 5 investors. Key investors include Aditya Birla Capital, Blend Financial Services, BanyanTree Finance, Zephyr Peacock, and Mukul Gulati.
What is Trimax's valuation?
The valuation of Trimax is $203.5M as of Mar 2012.
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