Company Intelligence Profile
Mindgraph Technologies Private Limited
Bengaluru-headquartered, Hyderabad-registered enterprise-tech company (CIN U72900TG2018PTC128805) building AI-driven, data-centric application development, analytics and IoT solutions for large enterprises.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Mindgraph Technologies Private Limited |
|---|---|
| CIN | U72900TG2018PTC128805 |
| PAN | AAMCM2761M (derived from GSTIN 33AAMCM2761M1Z4 per KnowYourGST/piceapp; not independently confirmed from an MCA-equivalent PAN field, so treated as partial) |
| Status | Active (Compliant) |
| Listing | Unlisted (private limited company) |
| Incorporated | 06 December 2018 (source: Tofler, TheCompanyCheck — agree) |
| ROC | RoC Hyderabad, Telangana (source: Tofler, TheCompanyCheck) |
| Sector (NIC) | NIC/sector: Computer programming, consultancy & related activities (IT/software, "application development & software solutions"); DPIIT-recognised startup (source: TheCompanyCheck) |
| Registered address | Plot No. 889/A, Road No. 49, Jubilee Hills, Hyderabad, Telangana, India – 500033 (source: Tofler, TheCompanyCheck; also matches address cited on Tracxn's operating profile, confirming same legal entity) |
| Authorized capital | ₹10,00,000 (₹10 Lakh) (source: Tofler, TheCompanyCheck — agree) |
| Paid-up capital | ₹1,00,500 (approx.; sources vary between ₹1.00 Lakh and ₹1.01 Lakh — Tofler says ₹1.0 Lac, TheCompanyCheck says ₹1.01 Lakh, a search-aggregated figure says ₹1,00,500) — treated as confirmed at "~₹1 Lakh" level, exact paise/last digits partial |
Business Overview
Confirmed- Bengaluru-headquartered (registered office Hyderabad) enterprise-tech/IT services company providing AI-driven, data-centric, cloud-enabled application development, data analytics/BI and IoT solutions for sector-specific digital transformation (Energy & Utilities, Telecom, Aviation, BFSI, Healthcare, Manufacturing)
- Positioned as "intelligent digital journeys enhanced by data-driven actions, human expertise, and AI" (source: Inc42, TheCompanyCheck, ZoomInfo, official site mind-graph.com — consistent across sources)
- DPIIT-recognised startup
- Bootstrapped company that later took institutional funding (see funding section)
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Karunakar Addala ( | 03025664 | reported as partial/unconfirmed. Inc42/Tracxn separately list operating leadership/founders: Karun A CEO; likely same as Karunakar Addala, Indrajeet Khadilkar co-founder, former, Abishek Surendran Head of Acquisitions, Arya Vedabrata co-founder; these are operational/founder titles, not necessarily statutory directors, so kept distinct from the DIN-verified board. | 14 Aug 2019 |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 33AAMCM2761M1Z4 | Tamil Nadu | AAMCM2761M (derived from GSTIN 33AAMCM2761M1Z4 per KnowYourGST/piceapp; not independently confirmed from an MCA-equivalent PAN field, so treated as partial) | Active |
Primary GSTIN identified: 33AAMCM2761M1Z4 (Tamil Nadu, state code 33), PAN AAMCM2761M, registered 05/10/2023, status Active, constitution "Private Limited Company" (confirmed via 2 sources: piceapp.com and knowyourgst.com, both agree on GSTIN/PAN/state/status). Per knowyourgst's own aggregated note, the same PAN also has registrations in Karnataka, Telangana and Odisha (home state given operating HQ is Bengaluru/registered office is Telangana) but individual GSTINs for those states were not separately pulled — reported as "not obtained" for count/full list. Flagging the Tamil Nadu "primary" GSTIN as unusual relative to the Telangana registered office/Bengaluru HQ — likely one of several state registrations for a pan-India services company, not an entity-confusion artifact, since PAN ties directly to the company's own legal name on both source pages.
Financials
Partial / conflicting- FY2024 (year ended 31 Mar 2024): Revenue ₹14.72 Cr, +16% YoY (source: TheCompanyCheck)
- FY2025 (year ended 31 Mar 2025, latest filed): Tofler shows a further ~ -6.49% revenue decline YoY (implying roughly ₹13.7–13.8 Cr) but does not disclose the absolute rupee figure without a paid subscription
- Tracxn separately buckets FY2025 revenue as "₹10–50 Cr" (a wide banded estimate, not a discrete figure)
- Profitability ratios (Tofler, FY2025): Net Profit Margin 7.03%, Gross Margin 0.27, Return on Equity 7.53%, Debt-to-Equity 0.18
- PAT reported by Tofler as +190.59% YoY change but absolute PAT/EBITDA/net worth figures are paywalled ("not obtained" as exact values)
- Standalone financials (no consolidated/group financials found)
- Employee headcount: ~109–116 (TheCompanyCheck: 116 as of Apr 2024
- Tracxn: 109 as of Aug 2025)
Funding
Partial / conflicting- Company is funded (bootstrapped originally, per Inc42, later raised institutional capital)
- Tracxn lists investors RISE and T2D3 Capital, "1 funding round" with 2 institutional investors — but round name, date, and amount are not obtained (paywalled/not disclosed in accessible source)
- No confirmation found on Entrackr/Inc42 news articles with a specific round amount
Charges / Loans
Partial / conflicting- 2 open charges totaling ₹20 Cr, per TheCompanyCheck: ₹17 Cr dated 31 Oct 2025 and ₹3 Cr dated 25 Jul 2023, both with charge-holder simply listed as "Others" (lender identity not disclosed in accessible source)
- ₹0 satisfied charges
- Single-sourced (TheCompanyCheck only) — treated as partial pending a second confirming source
Competitors
Partial / conflicting- Per TheCompanyCheck's competitor listing (scale varies widely, treat as indicative peer set from IT/enterprise-services space rather than close revenue-scale matches): Happiest Minds (large-cap listed IT services), Genpact (large multinational BPM/IT), NTT DATA (large multinational), Accenture (mega-cap global), UST (large IT services), Datamatics (mid-cap listed IT/BPM), Endava (mid-large global IT services), Mavenir (telecom software, large), 1&1 IONOS (large hosting/cloud, different segment)
- None of these are close in scale to Mindgraph's ~₹14 Cr revenue/~110 employees — likely a broad category match rather than true direct competitors
- a closer, similarly-scaled peer set was not independently found
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