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.
Last updated 6 August 2026
Mindgraph Technologies Private Limited is a Bengaluru-headquartered enterprise-tech company that develops AI-driven, data-centric application development, analytics, and IoT solutions for large enterprises across various sectors. In FY2024, the company reported revenue of ₹14.72 Cr, marking a 16% year-over-year increase. However, FY2025 saw a revenue decline of approximately -6.49%. The company is funded by institutional investors, including RISE and T2D3 Capital.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Mindgraph Technologies Private Limited |
|---|---|
| CIN | U72900TG2018PTC128805 |
| PAN | AAMCM2761M |
| Status | Active (Compliant) |
| Listing | Unlisted (private limited company) |
| Incorporated | 06 December 2018 |
| ROC | RoC Hyderabad, Telangana |
| Sector (NIC) |
|
| Registered address | Plot No. 889/A, Road No. 49, Jubilee Hills, Hyderabad, Telangana, India – 500033 |
| Authorized capital | ₹10,00,000 (₹10 Lakh) |
| Paid-up capital | ₹1,00,500"~₹1 Lakh" level, exact paise/last digits partial |
Business Overview
- 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"
- DPIIT-recognised startup
- Bootstrapped company that later took institutional funding (see funding section)
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Karunakar Addala ( | 03025664 | - | 06 Dec 2018 |
GST Registrations
| 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
- Revenue ₹14.72 Cr, +16% YoY. 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
- PAT reported by Tofler as +190.59% YoY change but absolute PAT/EBITDA/net worth figures are paywalled. Standalone financials (no consolidated/group financials found). Employee headcount: ~109–116
Funding
- Company is funded
- 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
- 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
Competitors
- 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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