# Maxbyte Technologies Private Limted

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maxbyte-technologies-private-limted

- Industry: Software
- Headquarters: Coimbatore, India
- Total disclosed funding: $5M
- Latest round: Series A (Aug 22, 2023)
- Investors on record: 1

## About

Based in Tamil Nadu, India, and founded in 2016, Maxbyte Technologies offers intelligent solutions to optimise operational costs, maximise revenue growth, and enhance asset efficiency. In August 2023, Maxbyte Technologies raised USD 5 million in series A funding led by investor e& capital. As of 2016, the company’s CEO is Ramshankar C S.
 
The company's flagship products include byteFACTORY - an IoT SaaS platform for digitizing engineering, manufacturing, and service processes; ADAM - an AI-driven search engine and chatbot for insightful interactions; and XR Services, which employ AR, VR, and MR to enhance customer experiences and manufacturing safety procedures. Maxbyte also provides training programs, certification courses, and setups for research and talent development, fostering education and upskilling industry professionals.
 
The company plans to use the August 2023 funding to expand its sales team, refine the go-to-market strategy and partnerships, and scale projects across new geographies and industries.

## Funding rounds

- Series A, Aug 22, 2023, $5M — e& capital

## Investors

- e& capital (https://capitalatlas.ai/funds/e-capital) — Series A