mips.in
MIPS is part of the group behind Kanpur-based Maharana Pratap Group of Institutions
About mips.in
Maharana Infrastructure and Professional Services Private Limited (MIPS), incorporated on February 10, 2009, operates primarily in the business services sector. The company was founded by Shri Shailendra Bhadauria.
Initially focused on infrastructure solutions, MIPS has expanded its scope to offer a diversified portfolio of services. These services include customized infrastructure development, human resources consultancy, IT consulting, and marketing solutions. The company primarily directs these offerings toward the educational, health, and commercial sectors. Some reports categorize the company within the Edtech sector, noting its base in Kanpur.
As a public unlisted company, MIPS has an authorized share capital of ₹47.75 crores and a paid-up capital of ₹44.64 crores. Over its history, the company has engaged in multiple funding rounds, raising a total of $21.60 million. A significant event in its investor history was a buyout by Avigo Capital Partners Pvt. Ltd. on January 18, 2013. The last reported Annual General Meeting (AGM) took place on December 19, 2016, with financial records last updated on March 31, 2016.
The company's board of directors includes individuals such as Shailendra Bhadauria, Surabhi Bhadauria, Rustom Dinshaw Batlivala, and others who have been appointed at various times since its inception. The company's operations are active, and it is registered at the Kanpur Registrar Office, with its registered address in Noida, Uttar Pradesh.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Jul 2014 | — | — | Avigo Capital Partners | — |
| SERIES B✓Equity / VC | Jan 2013 | $13M | $53M | Z47 | — |
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Avigo Capital Partners
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