When was MTAP founded?

MTAP was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is MTAP located?

MTAP is headquartered in Bengaluru, India. It is registered at AMBIT IT Park, No.32, A & B, Second Main Road, Ambattur Industrial Estate, Chennai, Chennai, Tamil Nadu, India, 600058.

Which legal entities is MTAP associated with?

MTAP is associated with MTAP TECHNOLOGIES PRIVATE LIMITED.

How many employees does MTAP have?

As of Aug 31, 2025, MTAP has 113 employees, reflecting a 5% year-over-year growth in headcount.

Is MTAP a funded company?

MTAP is a funded company, having raised a total of $555K across 2 funding rounds to date. The company's 1st funding round was a ₹***** Seed round, raised on Oct 14, 2016.

How much is MTAP worth?

The latest valuation of MTAP is ₹***** as of Mar 15, 2019.

When was the latest funding round of MTAP?

MTAP's latest funding was a $***** Seed round on Mar 15, 2019, with participation from 5 investors. Its primary sector is Logistics Tech. In India, the Logistics Tech sector has seen $108M in funding in 2026 to date.

What is the annual revenue of MTAP?

Annual revenue of MTAP is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does MTAP rank among its competitors?

MTAP ranks 25th amongst 5501 active competitors, of which 241 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was BusRight, which secured $30M in Mar, 2026.

Who are the top competitors of MTAP?

MTAP's top competitors include Samsara, GoMotive and Radius. Among them, BusRight secured the most recent funding round in March, 2026.

MTAP - 2026 Company Profile, Team, Funding, Competitors & Financials

MTAP is a seed company based in Bengaluru (India), founded in 2013 by Satvir Singh Kohli. It operates as a Cloud-driven sensor-based end-to-end fleet management solution for fleet operators. MTAP has raised $555K in funding from investors like Tyagesa Advisory, India South Hotels and Vibgyor Consultants, with a current valuation of ₹*****. The company has 5501 active competitors, including 241 funded and 286 that have exited. Its top competitors include companies like Samsara, GoMotive and Radius.

Company Details

Cloud-driven sensor-based end-to-end fleet management solution for fleet operators. It offers location-based transportation efficiency, customized location-based apps to manage fleet operations, real-time updates, live tracking, auto-routing, SOS alert, passenger verification, driving behavior & more. Products include employee transport management app that schedules trips, live streams tracking information, and generates invoices, school bus tracking solutions, taxi dispatch & management platform that enables fleet managers to improve efficiency in operations, etc.

Website: www.mtap.in
Social
Email ID: *****@mtap.in
Phone Number: +91 **********
Registered Address: AMBIT IT Park, No.32, A & B, Second Main Road, Ambattur Industrial Estate, Chennai, Chennai, Tamil Nadu, India, 600058

Key Metrics

Founded Year

2013

Location

Bengaluru, India

Stage

Seed

Total Funding

$555K in 2 rounds

Latest Funding Round

Seed, Mar 15, 2019, $*****

Post Money Valuation

₹***** as on Mar 15, 2019

Investors

Tyagesa Advisory & 15 more

Ranked

25^th among 5501 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

113 as on Aug 31, 2025

Similar Companies

Wright Express & 1393 more

View MTAP's full profile

MTAP is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MTAP TECHNOLOGIES PRIVATE LIMITED CIN: U72900TN2013PTC089299 , India, Active	Jan 08, 2013	₹10 - ₹50 Cr (As on Mar 31, 2025)	113 (As on Aug 31, 2025)

MTAP has raised a total funding of $555K over 2 rounds. Its first funding round was on Oct 14, 2016. Its latest funding round was a Seed round on Mar 15, 2019 for $*****. 5 investors participated in its latest round. MTAP has 4 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of MTAP:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 15, 2019	9158219	Seed	8943452	2593142	8652499	1563991
Oct 14, 2016	6389766	Seed	7607134	7302538	Vibgyor Consultants & 1 more	Archana Srinivasan & 6 more

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View details of MTAP's funding rounds and investors

The founders of MTAP is Satvir Singh Kohli.

Here are the details of MTAP's key team members:

Satvir Singh Kohli: Co-Founder of MTAP and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address

View details of MTAP's Founder profiles and Board Members

MTAP's employee count trend

MTAP has 113 employees as of Aug 25. The total employee count is 5.0% more than what it was in Aug 24. Here is MTAP's employee count trend over the years:

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Top competitors of MTAP include Samsara, GoMotive and Radius. Here is the list of Top 10 competitors of MTAP, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Samsara 2015, San Francisco (United States), Public	Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners	$915M	Andreessen Horowitz, General Catalyst & 13 others	86/100
2nd	GoMotive 2013, San Francisco (United States), Series F	AI-powered fleet management platform	$717M	Greenoaks, Kleiner Perkins & 28 others	77/100
3rd	Radius 1990, San Francisco (United States), Acquired	Predictive marketing and sales platform	$333M	BBVA Ventures, Founders Fund & 18 others	75/100
4th	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	NewStar Financial, Granite Health Growth Partners ... & 5 others	72/100
5th	Omnitracs 1985, Dallas (United States), Acquired	Provider of cloud-based fleet management solutions	-	Apollo Investment Corporation, Partners For Growth ... & 1 others	71/100
6th	Uptake 2014, Chicago (United States), Series D	Cloud-based platform for predictive analytics and asset performance management	$282M	Baillie Gifford, Revolution & 13 others	71/100
7th	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	69/100
8th	HERE 1985, Eindhoven (Netherlands), Acquired	Developer of a unified map delivering location data and related services	-	NTT Group, Mitsubishi Corporation & 8 others	69/100
9th	BusRight 2017, Boston (United States), Series C	Tech-enabled school-bus tracking and management solutions	$63.1M	Underscore VC, Volition Capital & 23 others	68/100
10th	LightMetrics 2015, Bengaluru (India), Series A	Provider of video telematics solutions for telematics service providers	$10.7M	Beenext, Peak XV Partners & 10 others	68/100
25th	MTAP 2013, Bengaluru (India), Seed	Cloud-driven sensor-based end-to-end fleet management solution for fleet operators	$555K	India South Hotels & 15 others	62/100

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Founders (largest shareholder) own 34.63%, Parent Entities own 29.09%, Enterprises own 28.00% and Angels own 1.42%. The net worth of MTAP's founders is INR 5.48Cr as of Mar 15, 2019.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	34.63%	5.48Cr	7698994	7706955	8524596	4760014
Parent Entity	29.09%	4.61Cr	7870066	2895056	2303495	8190257
Enterprise	28.00%	4.44Cr	5746717	5659793	2519101	2318327
Angel	1.42%	22.6L	5	1	8	2
Archana Srinivasan	6	4	4	2	3	7
Other People	1.17%	18.7L	8	1	4	1
ESOP Pool	5.68%	90L	32481	44262	69224	98017
Total	99.99%	15.8Cr	4960223	5342490	7906578	5838329