Mantra Softech India Private Limited

Mantra Softech India Private Limited, located in Ahmedabad, India, specializes in biometric and identity management solutions, focusing on delivering advanced technology products for security and access control. Founded in 2006 in Ahmedabad, India, Mantra Softech India Private Limited focuses on biometric technology and identity management solutions. The company raised USD 14 million in funding in November 2025, led by India SME Investments, with participation from Motilal Oswal Private Equity Advisors. This funding supports its growth strategies in biometric solutions and product development.

Mantra Softech specializes in biometric and identity management solutions, delivering a range of products that utilize advanced technology in sectors such as security, access control, and workforce management. Their offerings include biometric fingerprint scanners, iris recognition systems, and facial recognition modules, designed for integration into various hardware and software environments. These products address critical use cases in identity verification, access control, and attendance tracking, primarily serving industries such as healthcare, banking, logistics, and government services. Mantra's clients include organizations like Adani Group, Anand Milk Union Limited (Amul), and Cadila Pharmaceuticals, with a market that extends across Asia and beyond.

Operating on a B2B model, Mantra Softech generates revenue through direct partnerships with organizations that implement their biometric solutions. The revenue structure is primarily based on hardware sales, including fingerprint scanners and iris recognition devices, along with service contracts for maintenance and technical support. Customers often enter bulk purchase agreements for biometric devices, accompanied by software licensing for access control systems, and Mantra also offers customizable OEM modules to meet specific client needs, fostering long-term relationships across various industries. In November 2025, Mantra Softech India Private Limited raised USD 14 million in venture funding, which will be used to support its expansion plans and enhance research and development programs.

The company aims to introduce new biometric products in the upcoming year and plans to enter new markets, targeting regions in Asia and Europe by 2026.