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Monk9 Tech - About the company

Monk9 Tech is a seed company based in Rajkot (India), founded in 2022 by Marmik Himatlal Bhatt and Madakasira Vijayaraghavan. It operates as a Provider of semiconductor design and manufacturing services. Monk9 Tech has raised an undisclosed amount in funding. The company has 1507 active competitors, including 99 funded and 151 that have exited. Its top competitors include companies like Tessolve Semiconductor, Wadiz and Imec.

Company Details

Provider of semiconductor design and manufacturing services. The company focused on building a domestic semiconductor fabrication ecosystem, alongside broader manufacturing and factory‑automation services. It serves industrial, automotive, power, mixed‑signal, IoT, defense, and strategic‑application markets.
Email ID
*****@monktechs.com
Phone Number
+91 **********
Registered Address
No.1/109, 2nd Floor, Poonamallee High Road, Vanagaram, Sivabootham Village, Chennai, Thiruvallur, Tamil Nadu, India, 600095
Key Metrics
Founded Year
2022
Location
Rajkot, India
Stage
Seed
Latest Funding Round
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2023
Employee Count
258 as on Aug 31, 2025
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Monk9 Tech's funding and investors

Monk9 Tech has raised funding over 2 rounds. Its first funding round was on Jul 2025. Its latest funding round was a Seed round on 2026 for $*****. 1 investor participated in its latest round. Monk9 Tech has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Monk9 Tech:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2026
7281
Seed
6196
5751
6330
8297
Jul 2025
4194652
Angel
3994683
7845662
5285357
2400081
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Monk9 Tech's founders and board of directors

Founder? Claim Profile
The founders of Monk9 Tech are Marmik Himatlal Bhatt and Madakasira Vijayaraghavan. Marmik Himatlal Bhatt is the CEO of Monk9 Tech.
Here are the details of Monk9 Tech's key team members:

Monk9 Tech's Board of Directors

Monk9 Tech's board has 3 active members. Marmik Himatlal Bhatt, Ghanshyam Rameshchandra Gusani and Utpal Ramesh Doshi are part of team.
Here is the list of Monk9 Tech's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 3m
lpdljzs
Team
-
Past
7y 1m
nydf{vj
Team
-
Past
3y 2m

Monk9 Tech's employee count trend

Monk9 Tech has 258 employees as of Aug 25. The total employee count is 37.0% more than what it was in Aug 24. Here is Monk9 Tech's employee count trend over the years:
Employee count trend for Monk9 Tech
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Monk9 Tech's Competitors and alternates

Top competitors of Monk9 Tech include Tessolve Semiconductor, Wadiz and Imec. Here is the list of Top 10 competitors of Monk9 Tech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tessolve Semiconductor
Tessolve Semiconductor
2004, Bengaluru (India), Acquired
Provider of semiconductor engineering services
$241M
73/100
2nd
Logo for Wadiz
Wadiz
2012, Seongnam-si (South Korea), Series D
Equity and revenue-based crowdfunding platform
$128M
66/100
3rd
Logo for Imec
Imec
1984, Leuven (Belgium), Funding Raised
Provider of semiconductor design and development services
-
65/100
4th
Logo for Atomica
Atomica
2000, United States, Series C
Manufacturer of MEMS, photonics, biochips, and sensors.
$30M
62/100
5th
Logo for Liquid Instruments
Liquid Instruments
2014, San Diego (United States), Series C
Reconfigurable test and measurement instruments for advanced research and development
$135M
59/100
6th
Logo for SMART Photonics
SMART Photonics
2012, Eindhoven (Netherlands), Series D
Provides services for manufacturing photonic ICs
$244M
59/100
7th
Logo for Polymatech Electronics
Polymatech Electronics
2007, Kanchipuram (India), Series C
Provider of semiconductor design and development services
$37.3M
58/100
8th
Logo for Funraise
Funraise
2015, Costa Mesa (United States), Series A
Developer of fundraising platform providing donor management and engagement tools
$12.7M
57/100
9th
Logo for DreamBigSemi
DreamBigSemi
2019, San Jose (United States), Acquired
Provider of semiconductor manufacturing services
$75M
57/100
10th
Logo for Enthuse
Enthuse
2011, San Francisco (United States), Acquired
Cloud-based suite solutions for fundraising
$10.4M
57/100
40th
Logo for Monk9 Tech
Monk9 Tech
2022, Rajkot (India), Seed
Provider of semiconductor design and manufacturing services
-
44/100
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Monk9 Tech's Latest cap tables and shareholding

Founders (largest shareholder) own 49.09%, Enterprises own 40.76% and Other People own 10.15%. The net worth of Monk9 Tech's founders is INR 10.3Cr as of Jun 17, 2024. The cap table displayed below is for GENXLEAD RETAIL PRIVATE LIMITED which is the legal entity associated with Monk9 Tech.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
49.09%
10.3Cr
1384348
6693425
7826575
9441428
Enterprise
40.76%
8.57Cr
4293183
8064540
6268396
4023258
Other People
10.15%
2.13Cr
5260652
4956126
5374159
9856764
Total
100.00%
21Cr
1192008
3984785
6947194
3420289
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Monk9 Tech's Investments and acquisitions

Monk9 Tech has made no investments or acquisitions yet.

Reports related to Monk9 Tech

Here is the latest report on Monk9 Tech's sector:

News related to Monk9 Tech

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