About Tvarit
Tvarit is an Industrial Goods & Manufacturing company based in Frankfurt Am Main (Germany) founded in 2009 by Rahul Prajapat. Provider of data science AI software solutions for discrete and process manufacturing industries. Tvarit has raised $12.39 million across 2 funding rounds from investors including Futury, Momenta and 4impact. The company has 24 employees. Its Indian entity Tvarit Solutions Private Limited reported revenue of ₹8.63 Cr. Tvarit offers products and services including TiA for Process Industries and Prescriptive Quality Module. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Tvarit was established in 2009 and is based in Frankfurt Am Main, Germany. Software solutions in data science and artificial intelligence are delivered to support discrete and process manufacturing sectors. Core operations involve analytics tools designed for industrial efficiency and decision-making. The company was co-founded by Rahul Prajapat, with services targeted at global manufacturing clients.
- Headquarters Frankfurt Am Main, Germany
- Employees 24
- Founders Rahul Prajapat
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website tvarit.com
- Social LinkedIn X Facebook YouTube
- Legal Name Tvarit Solutions Private Limited
- Date of Incorporation 24 Nov, 2010
- Jurisdiction Vadodara, Gujarat, India
- Indian entity revenue₹8.63 Cr
FY 2025 · +17% YoY
- Indian entity net profit₹78 Lakh
FY 2025 · 9% margin
- Indian entity EBITDA₹1.13 Cr
FY 2025 · 13% margin
- Total Equity Funding$12.39M (USD)
in 2 rounds
- Latest Funding Round$6.88M (USD), Series A
Oct 2023
- InvestorsFutury
& 4 more
- Employee Count24
Associated legal entities of Tvarit
Tvarit operates through Tvarit Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tvarit Solutions Private Limited CIN U72200GJ2010PTC063013 | Active | 24 Nov 2010 | Vadodara, Gujarat | ₹8.6 Cr | 24 | 3 | View details |
Products & Services of Tvarit
Tvarit offers a comprehensive portfolio of products and services, including TiA for Process Industries and Prescriptive Quality Module.
AI solutions for process industries are provided to achieve energy-efficient and zero-waste production in manufacturing
Quality management tools are offered to reduce defects and improve yield in industrial processes
Apps and channels of Tvarit
its YouTube channel Tvarit Automated Predictive Analytics has 85 subscribers and 30 videos.
Videos from Tvarit
The most watched videos on Tvarit's YouTube channel, Tvarit Automated Predictive Analytics (85 subscribers). Click a video to play it here.
Funding Insights of Tvarit
Tvarit has successfully raised a total of $12.39M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.88 million completed in October 2023. 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 $12.39M
- Total Rounds 2
- Last Round Series A — $6.88M
- First Round $5.51M
(Apr 2023)
- Investors Count 5
All 2 funding rounds of Tvarit 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 |
|---|---|---|---|---|---|
| Oct 2023 | $6.88M | Series A | – | Momenta, Futury | |
| Apr 2023 | $5.51M | Series A | – | Futury Capital, Momenta |
5 investors in total: 5 institutional.
Investors in Tvarit
Tvarit has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Futury, Momenta and 4impact.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Industrial impact investments are driven by Momenta in critical sectors. | momenta.one | Engelberg, Switzerland | ||
Venture capital investments are made in European tech4good startups. | 4impact.vc | The Hague, Netherlands | ||
Matterwave Ventures is focused on funding early-stage industrial tech companies. | matterwave.vc | Munich, Germany | ||
Investments in tech companies are managed by Futury Capital. | futurycapital.vc | Frankfurt Am Main, Germany | ||
Online career guidance software for candidates | 2015 | futury.eu | Frankfurt Am Main, Germany |
Investor details for Tvarit
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 Tvarit Solutions Private Limited (Tvarit)
Tvarit Solutions Private Limited is the primary company behind Tvarit. The board of Tvarit Solutions Private Limited currently have 3 directors; the longest-serving is Sharmil Virendrabhai Parikh, appointed in 2010. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sharmil Virendrabhai Parikh DIN 03299453 | Managing Director | 24 Nov 2010 | 15 yrs 11 mo | Tvarit Solutions Private Limited |
| Manojkumar Pitambarbhai Patel DIN 03202884 | Director | 24 Nov 2010 | 15 yrs 11 mo | Tvarit Solutions Private Limited |
| Sumesh Surendran Kannathuparambil DIN 09650871 | Director | 17 Aug 2022 | 4 yrs 2 mo | Tvarit Solutions Private Limited |
People of Tvarit
8 people are tracked at Tvarit (5 in leadership, 3 in team); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
Rahul Prajapat | Co-Founder | Leadership |
Hema Joshi | Assistant Vice President Human Resources | Leadership |
Suhas Patel | Founder & CEO | Leadership |
Vikas Goel | Chief Business Officer | Leadership |
Deepak Singh | Chief Technology Officer | Leadership |
Dirk Münnekehoff | Senior Sales Manager | Team |
Patrick Stanula | Pre-Sales Data Science Expert | Team |
Sagar Prasad | Senior Data Scientist | Team |
Complete people profiles for Tvarit
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 Tvarit
Figures of Tvarit Solutions Private Limited, the primary company behind Tvarit, for FY 2025. Revenue was ₹8.63 Cr (+17% year on year). Net profit was ₹78 Lakh (9% margin). EBITDA was ₹1.13 Cr (13% margin).
- ₹8.63 CrRevenue · FY 2025 · +17% YoY
- ₹78 LakhNet profit · 9% margin
- ₹1.13 CrEBITDA · 13% margin
- ₹1 LakhPaid-up capital
- 24Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Tvarit Solutions Private Limited are on its company page.
Detailed financial statements for Tvarit
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 Tvarit
3 dated milestones of Tvarit across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Tvarit is founded.
- Funding First funding round of $5.5M.
- Funding Latest funding round, Series A, of $6.9M.
Web traffic of Tvarit
The website of Tvarit (tvarit.com) receives about 3K visits a month.
- Monthly visits3K
▲ 30.3% vs previous month
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Frequently Asked Questions about Tvarit
Tvarit was founded in 2009 and raised its 1st funding round 14 years after it was founded.
Tvarit is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.
Tvarit is a funded company, having raised a total of $12.39M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.51M, raised on Apr 2023.
Tvarit has 24 employees.
The primary company behind Tvarit, Tvarit Solutions Private Limited, reported revenue of ₹8.63 Cr for FY 2025, up 17% year on year.
Tvarit was established in 2009 and is based in Frankfurt Am Main, Germany. Software solutions in data science and artificial intelligence are delivered to support discrete and process manufacturing sectors. Core operations involve analytics tools designed for industrial efficiency and decision-making. The company was co-founded by Rahul Prajapat, with services targeted at global manufacturing clients.
Tvarit offers TiA for Process Industries and Prescriptive Quality Module.
Tvarit has 5 investors. Key investors include Futury, Momenta, 4impact, Matterwave Ventures, and Futury Capital.
Tvarit operates through Tvarit Solutions Private Limited.
The legal entities of Tvarit currently have 3 directors, including Sharmil Virendrabhai Parikh, Sumesh Surendran Kannathuparambil, Manojkumar Pitambarbhai Patel.