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.
- Website
- mistralsolutions.com
- 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
5th among 823 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
888 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by AXISCADES (Nov 06, 2017)
Legal entities associated with Mistral Solutions
Mistral Solutions is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MISTRAL SOLUTIONS PRIVATE LIMITED CIN: U72200KA1999PTC025232 , India, Active | May 20, 1999 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 558 (As on Dec 31, 2024) |
Mistral Solutions's acquisition details
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 |
View details of Mistral Solutions's funding rounds and investors
Mistral Solutions' founders and board of directors
Founder? Claim ProfileThe founders of Mistral Solutions are Anees Ahmed and Rajeev Ramachandra.
Here are the details of Mistral Solutions' key team members:
- Anees Ahmed: President of Mistral Solutions. They serve on the board of 1 company.
- Rajeev Ramachandra: Co-Founder of Mistral Solutions. They serve on the board of 1 company.
- Mujahid Alam: CEO of Mistral Solutions. They serve on the board of 1 company.Contact Info: 1 phone number
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 |
wtsriwc | Team | - | Past | 3y 6m |
avwtkyd | Team | - | Past | 4y 5m |
l{l{sga | Team | - | Past | 9y 4m |
Independent board member | - | Current | 6y 10m | |
itjlgli | Independent board member | - | Past | 3y 6m |
{aqsjia | Independent board member | - | Past | 9y 2m |
liyscff | Independent board member | - | Past | 9y 1m |
louwjnz | Independent board member | - | Past | 9y 1m |
{tr{iwv | Independent board member | - | Past | 2y 5m |
pqkpvnv | 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 |
View details of Mistral Solutions's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Paras Defence & Space Technologies 1972, Navi Mumbai (India), Public | Company offering wide range of defence products & solutions | $4.57M | 73/100 | |
2nd | Moog 1951, East Aurora (United States), Acquired | Manufacturer of motion control products and systems for multiple industries | $12M | 68/100 | |
3rd | Leidos 1969, United States, Acquired | Provider of healthcare IT solutions and defence components services | - | 65/100 | |
4th | Data Patterns 1985, Chennai (India), Public | Provider of mission‑critical embedded electronic systems and sensor‑centric solutions | - | 62/100 | |
5th | Mistral Solutions 1997, Bengaluru (India), Acquired | Product engineering services & homeland security solutions. | $9.5M | 60/100 | |
6th | LightPath Public | Manufacturer of optical components and integrated thermal imaging camera systems | - | 58/100 | |
7th | 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 | Amca 2024, El Segundo (United States), Series B | Provider of aerospace and defense products, scaling to meet industry needs | $376M | 58/100 | |
9th | Develops and manufactures mission-critical products and solutions | $115M | 57/100 | ||
10th | Babcock International Group 1891, London (United Kingdom), Public | Global defence engineering provider supporting military, nuclear, marine, aviation sectors | - | 57/100 |
Looking for more details on Mistral Solutions's competitors? Click here to see the top ones
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
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.
•
SiMa.ai and Mistral Solutions Partner to Accelerate Autonomous Drone IntelligenceAiThority•Jun 24, 2026•SiMa.ai, AXISCADES, Mistral Solutions
•
Ondas To Acquire Mistral, Accessing U.S. Prime ContractsDefense Daily•Mar 10, 2026•Ondas Networks, Mistral Solutions, Mistralinc
•
Boost for ‘Make in India’: AXISCADES bags Rs 100 crore defence order from DRDO-BEL programmeFinancial Express•Jan 19, 2026•AXISCADES, DRDO, BEL, Mistral Solutions
•
Mistral, a Subsidiary of AXISCADES, Launches DCP1000 Module Featuring Lattice CertusPro-NX FPGABusinessnewsthisweek•Mar 24, 2025•Mistral Solutions, AXISCADES
•
AXISCADES’ subsidiary Mistral and Altera Forge Strategic Alliance To Transform High-Performance Aerospace & Defense ComputingBusinessnewsthisweek•Mar 08, 2025•AXISCADES, Mistral Solutions, Altera
•
French AI startup Mistral AI is planning to raise its first round of fundingCui Niuhui•May 06, 2023•Mistral Solutions
•
White Bridge Investments to control label maker Tikedo. Exit for the Maestrale Capital search fundBeBeez•Mar 06, 2023•White-Bridge Group, Mistral Solutions, Mediobanca, Tikedo
•
Mobilicom and Mistral Form Strategic PartnershipGeospatial World•Feb 22, 2023•Mobilicom, Mistral Solutions, Mistralinc
•
AXISCADES Technologies Ltd. Completes Acquisition of Mistral SolutionsIndia.com•Dec 23, 2022•Mistral Solutions, AXISCADES
•
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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