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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People of Trimax
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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 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.
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.
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Diversified asset management and private equity firm focused on small and medium sized enterprises
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Investment firm engaging in diverse sector partnerships in India.
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Diversified financial services including investment, insurance, and lending are offered.
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Investor details for Trimax
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Investments & Acquisitions by Trimax
Investment portfolio details for Trimax
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Financial Statements - Trimax
Detailed financials for Trimax
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Trimax Comparisons
Peer comparison for Trimax
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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.
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IT infrastructure services and advisory solutions are delivered to organizations.
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Internet connectivity and infrastructure services are provided by Nettlinx.
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Provides contact center, field support, IT infrastructure, security, and e-waste management services.
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Provides alarm monitoring and security solutions for business partners and integrators.
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Information life-cycle management services are provided to clients.
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Detailed competitors of Trimax
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Latest news on Trimax
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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.
As of Oct 31, 2024, the latest employee count at Trimax is 336.
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.