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Monk9 Tech - About the company

Monk9 Tech is a seed company based in Rajkot (India), founded in 2022 by Marmik Himatbhai 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 2238 active competitors, including 146 funded and 218 that have exited. Its top competitors include companies like Wadiz, Tessolve Semiconductor 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
Investors
Ranked
Annual Revenue
₹11.7Cr as on Mar 31, 2022
Employee Count
258 as on Aug 31, 2025
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Monk9 Tech's funding and investors

Monk9 Tech has raised funding over 1 round. Monk9 Tech has 1 institutional investor 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
Jul 2025
5010727
Angel
1293246
8971068
4248096
6916835
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Monk9 Tech's founders and board of directors

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

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 Wadiz, Tessolve Semiconductor 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 Wadiz
Wadiz
2012, Seongnam-si (South Korea), Series D
Equity and revenue-based crowdfunding platform
$128M
80/100
2nd
Logo for Tessolve Semiconductor
Tessolve Semiconductor
2004, Bengaluru (India), Acquired
Semiconductor engineering services company
$213M
67/100
3rd
Logo for Imec
Imec
1984, Leuven (Belgium), Funding Raised
Provider of semiconductor design and development services
-
65/100
4th
Logo for Silicon Box
Silicon Box
2021, Singapore (Singapore), Series B
Developer of chiplet interconnection products
$408M
62/100
5th
Logo for Atomica
Atomica
2000, United States, Series C
Manufacturer of MEMS, photonics, biochips, and sensors.
$30M
61/100
6th
Logo for Polymatech
Polymatech
2007, Kanchipuram (India), Acquired
Provider of semiconductor design and development services
$37.4M
61/100
7th
Logo for Mortice Kern Systems
Mortice Kern Systems
1989, Waterloo (Canada), Acquired
Technology Solutions for Ongoing Product & Service Advantage | PTC
-
60/100
8th
Logo for SMART Photonics
SMART Photonics
2012, Eindhoven (Netherlands), Series D
Provides services for manufacturing photonic ICs
$244M
59/100
9th
Logo for OnePlanetCrowd
OnePlanetCrowd
2012, Amsterdam (Netherlands), Acquired
Online crowdfunding platform for social causes
$1.16M
57/100
10th
Logo for Enthuse
Enthuse
2011, San Francisco (United States), Acquired
Cloud-based suite solutions for fundraising
$10.4M
56/100
90th
Logo for Monk9 Tech
Monk9 Tech
2022, Rajkot (India), Seed
Provider of semiconductor design and manufacturing services
-
38/100
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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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
49.09%
10.3Cr
8666239
7869874
5850297
8947090
Enterprise
40.76%
8.57Cr
3460280
4657902
2175542
3528926
Other People
10.15%
2.13Cr
9212386
3097945
6989033
3163516
Total
100.00%
21Cr
4612052
6233146
3864263
9329669
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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Monk9 Tech's Investments and acquisitions

Monk9 Tech has made no investments or acquisitions yet.

News related to Monk9 Tech

Media has covered Monk9 Tech for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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