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Mistral Solutions - About the company

Mistral Solutions is an acquired company based in Bengaluru (India), founded in 1997 by Anees Ahmed and Rajeev Ramachandra. It operates as a Product engineering services & homeland security solutions.. Mistral Solutions has raised $9.5M in funding, with last known valuation of $*****. The company has 823 active competitors, including 13 funded and 64 that have exited. Its top competitors include companies like Paras Defence & Space Technologies, Moog and Leidos.

Company Details

Mistral offers services under two domains- Product engineering services and defense & homeland security solutions. Product engineering services include product design services, hardware design services, PCB design and layout analysis, testing & validation, production development services and software development services (firmware, drivers, middleware, etc). Defense and Homeland solutions include RADAR data acquisition and signal processing, SONAR based applications, telemetry solutions for airborne applications, complaint software for electronic warfare systems, mobile C4ISR platforms, ready-to-deploy solutions for ‘Safe City’, sensor, command and control network for critical infrastructure protection, etc. Offices in US and India. Has served 100+ customers and has received 15+ International awards.
Social
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Email ID
*****@mistralsolutions.com
Phone Number
+91 **********
Registered Address
#60, ADARSH REGENT100 FEET RING ROAD, DOMLUR, BANGALORE., Karnataka, India, 560071
Key Metrics
Founded Year
1997
Location
Bengaluru, India
Stage
Acquired
Total Funding
$9.5M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Nov 06, 2017
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
888 as on Sep 30, 2026
Exit Details
Acquired by AXISCADES (Nov 06, 2017)

Mistral Solutions's acquisition details

Mistral Solutions got acquired by AXISCADES on Nov 06, 2017 at an acquisition amount of $*****.
Click here to take a look at Mistral Solutions's acquisition in detail
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Mistral Solutions's funding and investors

Mistral Solutions has raised a total funding of $9.5M over 2 rounds. Its first funding round was on Mar 2001. Its latest funding round was a Series B round on Feb 06, 2008 for $*****. 2 investors participated in its latest round. Mistral Solutions has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Mistral Solutions:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 06, 2008
4046609
Series B
2257311
1327739
8286828
5615436
Mar 2001
4325765
Series A
8036021
6608681
6874500
9022157
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Mistral Solutions' founders and board of directors

Founder? Claim Profile
The founders of Mistral Solutions are Anees Ahmed and Rajeev Ramachandra.
Here are the details of Mistral Solutions' key team members:

Mistral Solutions' Board of Directors

Mistral Solutions's board has 7 active members. Anees Ahmed, Rajeev Ramachandra, Mujahid Alam and Srinivas Anumanchipalli are part of team and Mariam Mathew, Ashok Kamath and Sharadhi Chandra Babupampapathy are independent board members.
Here is the list of Mistral Solutions' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
27y 3m
Team
-
Current
8y 6m
wcqgjcz
Team
-
Past
5y 4m
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Team
-
Past
3y 6m
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Team
-
Past
4y 5m
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Team
-
Past
9y 4m
Independent board member
-
Current
6y 10m
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Independent board member
-
Past
3y 6m
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Independent board member
-
Past
9y 2m
liyscff
Independent board member
-
Past
9y 1m
louwjnz
Independent board member
-
Past
9y 1m
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Independent board member
-
Past
2y 5m
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Independent board member
-
Past
1y 9m
haztrua
Independent board member
-
Past
4y 6m
rzzyzhh
Independent board member
-
Past
2y 8m
vpuqpmx
Independent board member
-
Past
5y 3m

Mistral Solutions' employee count trend

Mistral Solutions has 888 employees as of Sep 26. Here is Mistral Solutions's employee count trend over the years:
Employee count trend for Mistral Solutions
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Mistral Solutions's Competitors and alternates

Top competitors of Mistral Solutions include Paras Defence & Space Technologies, Moog and Leidos. Here is the list of Top 10 competitors of Mistral Solutions, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Paras Defence & Space Technologies
Paras Defence & Space Technologies
1972, Navi Mumbai (India), Public
Company offering wide range of defence products & solutions
$4.57M
73/100
2nd
Logo for Moog
Moog
1951, East Aurora (United States), Acquired
Manufacturer of motion control products and systems for multiple industries
$12M
68/100
3rd
Logo for Leidos
Leidos
1969, United States, Acquired
Provider of healthcare IT solutions and defence components services
-
65/100
4th
Logo for Data Patterns
Data Patterns
1985, Chennai (India), Public
Provider of mission‑critical embedded electronic systems and sensor‑centric solutions
-
62/100
5th
Logo for Mistral Solutions
Mistral Solutions
1997, Bengaluru (India), Acquired
Product engineering services & homeland security solutions.
$9.5M
60/100
6th
Logo for LightPath
LightPath
Public
Manufacturer of optical components and integrated thermal imaging camera systems
-
58/100
7th
Logo for Rangsons Aerospace
Rangsons Aerospace
2011, Mysuru (India), Early Stage
Company specializes in developing aerospace and defense solutions by integrating technology, engineering, and manufacturing expertise
$34.4M
58/100
8th
Logo for Amca
Amca
2024, El Segundo (United States), Series B
Provider of aerospace and defense products, scaling to meet industry needs
$376M
58/100
9th
Logo for TERMA
TERMA
1944, Lystrup (Denmark), Series D
Develops and manufactures mission-critical products and solutions
$115M
57/100
10th
Global defence engineering provider supporting military, nuclear, marine, aviation sectors
-
57/100
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Mistral Solutions's Investments and acquisitions

Mistral Solutions has made no investments or acquisitions yet.

Reports related to Mistral Solutions

Here is the latest report on Mistral Solutions's sector:

News related to Mistral Solutions

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Media has covered Mistral Solutions for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
•
Mobilicom and Mistral Form Strategic PartnershipGeospatial World•Feb 22, 2023•Mobilicom, Mistral Solutions, Mistralinc
•
Aptean extends its offer in France through the acquisition of MistralGlobeNewswire•Dec 01, 2022•Aptean, Mistral Solutions, Mistral, Orrick and 1 other
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