Company lists
The Maharashtra edition · 2026

Image recognitioncompanies in Maharashtra

Computer vision, biometrics, KYC & identity, fraud & security, document AI and more: the companies building image recognition in Maharashtra, with their founders, funding, team size and business models.

29 company profiles17 with reported revenue8 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent image recognition business events in India

Funding, M&A, contract wins and launches involving 250 image recognition companies in India, last 24 months: 4 funding rounds · 1 M&A deals · 1 Contract · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jan 2026.

FundingInstitutional funding

Mantra softech

Mantra Softech, an Indian deep-tech enterprise specializing in identity management, security systems, and computer vision, has raised USD 14 million in its first institutional funding round.

Investors India SME Fund II, Motilal Oswal Principal Investments
M&AAcquisition · Announced

Neurealm acquires Ignitarium

Ignitarium, a semiconductor and embedded-systems engineering company from Bangalore, has been acquired by Neurealm, a US-headquartered global engineering and technology services firm.

Semiconductor and embedded-systems engineering
FundingInstitutional investment round

Mantra softech

Mantra Softech, an Indian deep-tech company focused on identity management, security systems and computer vision, has raised USD 14 million in its first institutional investment round.

Investors India SME Fund II, Motilal Oswal Principal Investments
Identity Management, Security Systems, Computer Vision
ContractTechnology

Fingerprint cards · client: Mantra softech

A $2.5 million licensing deal with Egis Technology for PC biometrics in August was the third of the year for FPC, following deals with Mantra Softech for civil identification and one…

Civil identification
LaunchJARVIS

Staqu technologies

In a move to enhance in-store intelligence and drive business efficiency, Staqu Technologies, India’s leading AI-driven video analytics company, has announced the successful deployment…

AI-driven video analytics platform
FundingPre-Series A

Jidoka technologies

Chennai, India – [6 February 2025] – JIDOKA Technologies , a leader in AI-driven vision solutions for manufacturing and logistics, is pleased to announce the successful completion of its…

Investors Arali Ventures, Veltis Capital, an NRI investor, The chennai angels
AI-driven vision solutions for manufacturing and logistics
FundingAcquisition

Tango eye

Last year, it announced its acquisition of Tango Eye, an artificial intelligence-based computer vision startup, for an undisclosed sum.

Investors Lenskart
Artificial intelligence / computer vision

Image recognition companies in Maharashtra, by funding and team

Few image recognition companies in Maharashtra publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 29 companies below lead on recorded funding and team size among 29 active companies.

Showing 25 of 29

Provider of a platform for identity verification and risk management

Grc software
US$62.67mSeries F · Feb 2026
958+21% 12 mo to Sep 2024LinkedIn · Oct 2026
Advertising / Commission on transaction
15 yr2011
6postings · last posted Aug 2026

Developer of computer vision software for real-time operational intelligence

Manufacturing tech
US$7.12mSeries A · Apr 2024
67+18% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months

Provider of AI tools for market research and consumer insights

Image recognition
US$1.50mSeed · Jun 2022
26-23% 12 mo to Jul 2024LinkedIn · Jul 2026
Subscription
5 yr2021
0none in 3 months

Developer of AI video analytics platform for security and safety applications

Cybersecurity
US$769kSeed · May 2021
40+14% vs previous recordLinkedIn · Jul 2026
Subscription
9 yr2017
1postings · last posted Aug 2026

Provider of generative AI platforms and solutions for enterprise applications

Big data analytics
US$388kAngel · Jan 2022
26LinkedIn · Jul 2026
Subscription
11 yr2015
0none in 3 months · last posted Jun 2026

Identity verification platform

Regtech
US$144kSeed · Sep 2020
118+66% 12 mo to Aug 2024LinkedIn · Jul 2026
Subscription
10 yr2016
0none in 3 months

Provider of real-time fraud detection and prevention solutions for financial institutions

Security & surveillance technology
US$141kAngel · Jan 2022
34+1700% 12 mo to Dec 2023LinkedIn · Jul 2026
Fee-for-service
7 yr2019
0none in 3 months

Developer of image processing technology and applications

Computer vision
US$74kAngel · Jul 2016
62+16% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
16 yr2010
0none in 3 months

Business suite solutions provider

Regtech
—None recorded
133+6% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - service / Subscription
14 yr2012
0none in 3 months

Provider of biometric-based authentication hardware and software

Regtech
—None recorded
69-2% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
25 yr2001
0none in 3 months

Provider of AI-powered video analytics for surveillance, traffic management, and access control

Computer vision
—None recorded
35LinkedIn · Jul 2026
Subscription
3 yr2023
0none in 3 months · last posted Apr 2026

AI-based identity verification and digital KYC compliance solutions

Cybersecurity
—None recorded
29+4% vs previous recordLinkedIn · Jul 2026
Subscription
7 yr2019
0none in 3 months

Provider of optical fingerprint systems

Regtech
—None recorded
19-5% 12 mo to Jul 2024recorded Jul 2024
E-commerce - product / Physical commerce
14 yr2012
0none in 3 months

The platform automates workflows and connects teams

Regtech
—None recorded
12+0% 12 mo to Sep 2024recorded Sep 2024
Subscription
7 yr2019
0none in 3 months

Provider of AI based OCR, eGovernance and documentation software

Security & surveillance technology
—None recorded
18+33% 12 mo to Jun 2024LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months

Artificial intelligence solutions provider that empowers industries to transform through AI-powered technologies, with a focus on applications including real-time medical diagnosis, AI-generated script, and AI-assisted art

Physical security equipment
—None recorded
28LinkedIn · Jul 2026
Subscription
5 yr2021
0none in 3 months

Provider of computer vision and imaging solutions for the medical and healthcare industries

Image recognition
—None recorded
13LinkedIn · Jul 2026
Licensing / Subscription
3 yr2023
0none in 3 months

Provider of digital KYC platform for financial institutions and advisors

Image recognition
—None recorded
—Not available
Subscription
8 yr2018
0none in 3 months

Provider of bio-metric attendance and monitoring software

Regtech
—None recorded
—Not available
Subscription
11 yr2015
0none in 3 months

SaaS-based adaptive behavioral authentication and threat prevention platform

Regtech
—None recorded
3LinkedIn · Jul 2026
E-commerce - product / Physical commerce
20 yr2006
0none in 3 months

Provider of AI, computer vision, machine learning and NLP services

Image recognition
—None recorded
63LinkedIn · Jul 2026
Subscription
5 yr2021
0none in 3 months · last posted Jul 2026

Cloud-based payroll management software

Hrtech
—None recorded
—Not available
Subscription
17 yr2009
—No postings tracked

AI-powered deepfake detection platform

Image recognition
—None recorded
—Not available
Subscription
1 yr2025
—No postings tracked

AI powered diagnostic solutions for non-invasive detection

Computer vision
—None recorded
8LinkedIn · Jul 2026
Subscription
3 yr2023
0none in 3 months

Software solution for post trade operations in wholesale debt market

Image recognition
—None recorded
1LinkedIn · Jul 2026
Subscription
13 yr2013
—No postings tracked
29 of 29 companies shown here · the full list is on Radar
Fliar Radar

Explore all 29 image recognition companies in Maharashtra on Radar

This page shows the top 29. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 29 image recognition companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
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Explore image recognition companies in Maharashtra by what you are looking for

Browse top image recognition companies in Maharashtra, from computer vision and video analytics to biometrics and digital KYC. You can also find image recognition startups in Maharashtra and image recognition companies hiring in Maharashtra.

7 ways to explore image recognition in Maharashtra

Computer vision & AI image processingBiometrics & facial recognitionIdentity verification & digital KYCSurveillance, cybersecurity & fraud detectionDocument processing, OCR & enterprise AIImage recognition startups in Maharashtra

Computer vision & AI image processing

Companies building image processing, video analytics and AI vision software.

  1. Pivotchain Solutions

    Developer of AI video analytics platform for security and safety applications

    Cybersecurity
    See in list
  2. ImageProVision Technology

    Developer of image processing technology and applications

    Computer vision
    See in list
  3. Assert AI

    Developer of computer vision software for real-time operational intelligence

    Manufacturing tech
    See in list
  4. Stellarview

    Provider of AI-powered video analytics for surveillance, traffic management, and access control

    Computer vision
    See in list
  5. Thelightbulb

    Provider of AI tools for market research and consumer insights

    Image recognition
    See in list

Biometrics & facial recognition

Fingerprint, face and biometric authentication hardware and software.

  1. BioEnable

    Provider of biometric-based authentication hardware and software

    Regtech
    See in list
  2. Cuckoo Tech

    Provider of bio-metric attendance and monitoring software

    Regtech
    See in list
  3. Thelightbulb

    Provider of AI tools for market research and consumer insights

    Image recognition
    See in list
  4. Smart LAP

    The platform automates workflows and connects teams

    Regtech
    See in list
  5. IndoAi

    Artificial intelligence solutions provider that empowers industries to transform through AI-powered technologies, with a focus on applications including real-time medical diagnosis, AI-generated script, and AI-assisted art

    Physical security equipment
    See in list

Identity verification & digital KYC

Platforms for verifying identity and onboarding customers for banks and regulated firms.

  1. Idfy

    Provider of a platform for identity verification and risk management

    Grc software
    See in list
  2. Zoop

    Identity verification platform

    Regtech
    See in list
  3. BioEnable

    Provider of biometric-based authentication hardware and software

    Regtech
    See in list
  4. Cuckoo Tech

    Provider of bio-metric attendance and monitoring software

    Regtech
    See in list
  5. Accura Scan

    AI-based identity verification and digital KYC compliance solutions

    Cybersecurity
    See in list

Surveillance, cybersecurity & fraud detection

Video surveillance, access security and real-time fraud prevention tools.

  1. Zoop

    Identity verification platform

    Regtech
    See in list
  2. Pivotchain Solutions

    Developer of AI video analytics platform for security and safety applications

    Cybersecurity
    See in list
  3. BioEnable

    Provider of biometric-based authentication hardware and software

    Regtech
    See in list
  4. Assert AI

    Developer of computer vision software for real-time operational intelligence

    Manufacturing tech
    See in list
  5. Cuckoo Tech

    Provider of bio-metric attendance and monitoring software

    Regtech
    See in list

Document processing, OCR & enterprise AI

OCR, document management and AI tools for enterprises and government.

  1. Accura Scan

    AI-based identity verification and digital KYC compliance solutions

    Cybersecurity
    See in list
  2. Eigenlytics

    Provider of AI based OCR, eGovernance and documentation software

    Security & surveillance technology
    See in list
  3. Cere Labs

    Provider of generative AI platforms and solutions for enterprise applications

    Big data analytics
    See in list
  4. xBiz Techventures

    Business suite solutions provider

    Regtech
    See in list
  5. Xenio

    Software solution for post trade operations in wholesale debt market

    Image recognition
    See in list

Image recognition startups in Maharashtra

Newer image recognition companies founded in the last few years.

  1. Stellarview

    Provider of AI-powered video analytics for surveillance, traffic management, and access control

    Computer vision
    See in list
  2. Thelightbulb

    Provider of AI tools for market research and consumer insights

    Image recognition
    See in list
  3. Indika AI

    Provider of AI, computer vision, machine learning and NLP services

    Image recognition
    See in list
  4. CVIT Solution

    Provider of computer vision and imaging solutions for the medical and healthcare industries

    Image recognition
    See in list
  5. IndoAi

    Artificial intelligence solutions provider that empowers industries to transform through AI-powered technologies, with a focus on applications including real-time medical diagnosis, AI-generated script, and AI-assisted art

    Physical security equipment
    See in list
7 companies in Maharashtra

Image recognition companies hiring in Maharashtra

Image recognition companies with open roles right now.

  1. Idfy

    Provider of a platform for identity verification and risk management

    Grc software
    See in list
  2. Pivotchain Solutions

    Developer of AI video analytics platform for security and safety applications

    Cybersecurity
    See in list
  3. Stellarview

    Provider of AI-powered video analytics for surveillance, traffic management, and access control

    Computer vision
    See in list
  4. Indika AI

    Provider of AI, computer vision, machine learning and NLP services

    Image recognition
    See in list
  5. Cere Labs

    Provider of generative AI platforms and solutions for enterprise applications

    Big data analytics
    See in list
7 companies in Maharashtra
Mobile reach

Top 8 image recognition apps from Maharashtra

The most-installed Android apps published by image recognition companies headquartered in Maharashtra — 3.9M installs between them. 8 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 8
2

Face Attend

by BioEnable

Installs60K
Rating—
Last updatedSep 2024
View on Google Play ↗
Face Attend screenshot 1Face Attend screenshot 2Face Attend screenshot 3Face Attend screenshot 4Face Attend screenshot 5Face Attend screenshot 6
3

Addressify

by Idfy

Installs28K
Rating—
Last updatedSep 2025
View on Google Play ↗
Addressify screenshot 1Addressify screenshot 2
The business behind the activity

Image recognition financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 15 image recognition companies in Maharashtra for FY24-25 — 18 of the 29 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 84% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹150.17 cr

15 companies filing accounts

combined net profit−₹1.70 cr

-1.1% aggregate margin

are profitable60%

9 of 15 companies

median revenue~₹3.6 cr

the typical company

median revenue growth+24%

into FY24-25

earned by the top five84%

revenue concentration

Six-year view

Combined revenue of filing companies

₹83.09 crFY19-2011 filers
₹84.35 crFY20-2112 filers
₹128.60 crFY21-2213 filers
₹198.14 crFY22-2314 filers
₹261.06 crFY23-2415 filers
₹150.17 crFY24-2515 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 13 companies over three years

+65%
FY22-23₹88.62 cr−₹7.12 cr net
FY23-24₹132.19 cr₹4.65 cr net
FY24-25₹146.35 cr−₹1.90 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr333% profitable
₹1–10 cr757% profitable
₹10–100 cr580% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking3
0–20%3
20–50%3
50–100%4
Doubled+1

14 companies with accounts for both years; median growth +24%.

Profitability

Profit is concentrated at the top

9profitable
6loss-making
-1.1%aggregate margin
4.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Pivotchain SolutionsPIVOTCHAIN SOLUTION TECHNOLOGIES PRIVATE LIMITED+73%₹29.87 cr
ZoopQUAGGA TECH PRIVATE LIMITED+38%₹55.54 cr
ImageProVision TechnologyIMAGEPROVISION TECHNOLOGY PRIVATE LIMITED+14%₹12.05 cr
xBiz TechventuresX-BIZ TECHVENTURES PRIVATE LIMITED+6%₹15.49 cr
BioEnableBIOENABLE TECHNOLOGIES PRIVATE LIMITED-60%₹13.44 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
ZoopQUAGGA TECH PRIVATE LIMITED20.6%₹55.54 cr
ImageProVision TechnologyIMAGEPROVISION TECHNOLOGY PRIVATE LIMITED11.2%₹12.05 cr
Pivotchain SolutionsPIVOTCHAIN SOLUTION TECHNOLOGIES PRIVATE LIMITED4.5%₹29.87 cr
xBiz TechventuresX-BIZ TECHVENTURES PRIVATE LIMITED0.6%₹15.49 cr
Leaders

Largest image recognition companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ZoopQUAGGA TECH PRIVATE LIMITED₹55.54 cr₹11.44 cr20.6%+38%
Pivotchain SolutionsPIVOTCHAIN SOLUTION TECHNOLOGIES PRIVATE LIMITED₹29.87 cr₹1.35 cr4.5%+73%
xBiz TechventuresX-BIZ TECHVENTURES PRIVATE LIMITED₹15.49 cr₹8.71 lakh0.6%+6%
BioEnableBIOENABLE TECHNOLOGIES PRIVATE LIMITED₹13.44 cr−₹71.74 lakh-5.3%-60%
ImageProVision TechnologyIMAGEPROVISION TECHNOLOGY PRIVATE LIMITED₹12.05 cr₹1.35 cr11.2%+14%
Assert AIASSERT SECURETECH PRIVATE LIMITED₹6.01 cr−₹9.31 cr-155.0%+23%
Cuckoo TechOPPORTUNE TECHNOLOGIES PRIVATE LIMITED₹5.25 cr₹53.91 lakh10.3%+0%
Accura ScanACCURA TECHNOLABS PRIVATE LIMITED₹3.56 cr₹14.33 lakh4.0%+100%
StellarviewSTELLARVIEW PRIVATE LIMITED₹3.35 cr₹14.95 lakh4.5%+394%
EigenlyticsEIGENLYTICS DATA SOLUTIONS PRIVATE LIMITED₹1.76 cr₹9.04 lakh5.1%+24%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Image recognition funding and M&A across India

170 recorded equity rounds have gone to 250 image recognition companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months3

US$31.55m

equity rounds, last 24 months9

US$54.25m

raised over five yearsUS$372.36m

67 rounds in India

M&A deals, India1

last 24 months

Capital by year

Equity funding into image recognition in India

amount rounds
$5.3m201817
$60m201920
$22m202022
$23m202122
$134m202220
$56m202310
$107m20247
$21m20255
$32m20263

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$133.72m across 20 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.49m8 rounds · median US$61k
SeedUS$34.57m37 rounds · median US$461k
Series AUS$45.07m10 rounds · median US$4.01m
Series BUS$33.55m4 rounds · median US$4.05m
Series CUS$80.62m1 rounds · median US$80.62m
Series D+US$177.06m7 rounds · median US$12.53m
Where the money went · five years

Most-funded sub-sectors

Insurance itUS$203.50m5 rounds · 1 companies
Grc softwareUS$65.70m5 rounds · 2 companies
MarketingtechUS$25.00m1 rounds · 1 companies
Manufacturing techUS$21.73m11 rounds · 5 companies
RegtechUS$14.09m1 rounds · 1 companies
Edge computingUS$14.01m5 rounds · 1 companies
Image recognitionUS$10.37m9 rounds · 4 companies
Corporate activity · last 24 months

M&A in India

1Acquisition

Most active acquirers

  1. Neurealm1

Most acquired or merged

  1. Ignitarium1

Each deal appears in the events strip at the top of the page.

Image recognition funding in Maharashtra

8 image recognition companies in Maharashtra have recorded equity funding, US$72.80m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind image recognition companies in Maharashtra. 28 of 29 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra image recognition companies by sub-sector

The most common specialisations among image recognition companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring image recognition in India and nearby markets.

Coming soon