MLIT Solutions - About the company
MLIT Solutions is a seed company based in Hyderabad (India), founded in 2014 by Srinivas Chindam. It operates as a Provides remote monitoring solutions for factories and poultry industries. MLIT Solutions has raised $72.1K in funding. The company has 347 active competitors, including 69 funded and 34 that have exited. Its top competitors include companies like Infinite Uptime, Augury and Uptime AI.
Company Details
Provides remote monitoring solutions for factories and poultry industries. It offers an automation process that is a remote real-time condition monitoring system managing factory operations, asset tracking, and field service operations across manufacturing units using IoT and provides predictive maintenance solutions and analytical reports. It also offers a farm information system that delivers real-time process monitoring using IoT technologies with features such as hatchery monitoring, incubation, climate control, management, analysis and reporting on mobile. Features of the system include local device displays, alarm to alert the operator for threshold breaches, automatic data logging, track real-time data and historical data reports.
- Website
- mlitsol.com
- Social
- Email ID
- *****@mlitsol.com
- Phone Number
- +91 **********
- Registered Address
- FLAT NO:201,SAIRAM HOMES, NEAR CHAITANYA COLLEGE, BALAJI NAGAR, KUKATPALLY, Hyderabad, HYDERABAD, Telangana, India, 500072
Key Metrics
Founded Year
2014
Location
Hyderabad, India
Stage
Seed
Total Funding
$72.1K in 1 round
Latest Funding Round
Investors
Ranked
227th among 347 active competitors
Annual Revenue
₹12.8L as on Mar 31, 2025
Employee Count
7 as on Apr 30, 2026
Legal entities associated with MLIT Solutions
MLIT Solutions is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MLIT - SOL PRIVATE LIMITED CIN: U72900TG2018PTC123439 , India, Active | Mar 28, 2018 | $15.1K (As on Mar 31, 2025) | - |
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MLIT Solutions's funding and investors
MLIT Solutions has raised a total funding of $72.1K over 1 round. Its latest funding round was a Angel round on May 04, 2019 for $*****. 1 investor participated in its latest round. MLIT Solutions has 1 institutional investor and 1 angel investor.
Here is the list of recent funding rounds of MLIT Solutions:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 04, 2019 | 1098978 | Angel | 3149236 | 1960452 | 2654168 | 1072278 |
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MLIT Solutions' founders and board of directors
Founder? Claim ProfileThe founders of MLIT Solutions is Srinivas Chindam. Srinivas Chindam is the CEO of MLIT Solutions.
Here are the details of MLIT Solutions' key team members:
- Srinivas Chindam: Founder & CEO of MLIT Solutions. They serve on the board of 1 company.Contact Info: 1 email address
MLIT Solutions' Board of Directors
MLIT Solutions's board has 2 active members. Srinivas Chindam is part of team and Ravi Prasad Bijjala is independent board member.Here is the list of MLIT Solutions' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 1m | |
Independent board member | - | Current | 4y 9m |
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MLIT Solutions' employee count trend
MLIT Solutions has 7 employees as of Apr 26. Here is MLIT Solutions's employee count trend over the years:
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MLIT Solutions's Competitors and alternates
Top competitors of MLIT Solutions include Infinite Uptime, Augury and Uptime AI. Here is the list of Top 10 competitors of MLIT Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Infinite Uptime 2015, Alpharetta (United States), Series C | Provider of AI-powered predictive maintenance solutions for industrial equipment reliability | $68.7M | 68/100 | |
2nd |  Augury 2012, New York City (United States), Series F | Provider of IoT and cloud-based machine analytics and predictive maintenance solutions | $369M | 66/100 | |
3rd | Uptime AI 2019, San Francisco (United States), Series A | Provider of AI reasoning agents for industrial operational excellence solutions | $19M | 65/100 | |
4th | Provider of predictive maintenance solutions | $72.6M | 64/100 | ||
5th | AI company specializing in predictive maintenance and asset monitoring for manufacturing | $196M | 61/100 | ||
6th | Uptake 2014, Chicago (United States), Series D | Cloud-based platform for predictive analytics and asset performance management | $282M | 60/100 | |
7th | Nanoprecise 2015, Edmonton (Canada), Series C | Provider of AI-based predictive maintenance solutions for industrial equipment | $48M | 58/100 | |
8th |  SymphonyAI 2017, Palo Alto (United States), Seed | AI and SaaS-based solutions for digital transformation | $2M | 57/100 | |
9th | Falkonry 2012, San Francisco (United States), Acquired | Provider of AI platform for time series data analysis and monitoring | $13.3M | 56/100 | |
10th |  ThingWorx 2009, Boston (United States), Acquired | Platform to build and run applications for connected devices | $18.4M | 53/100 | |
227th |  MLIT Solutions 2014, Hyderabad (India), Seed | Provides remote monitoring solutions for factories and poultry industries | $72.1K | 24/100 |
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MLIT Solutions's Investments and acquisitions
MLIT Solutions has made no investments or acquisitions yet.
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