# Transerve Technologies Private

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

- Industry: Software
- Headquarters: Panaji, India
- Website: https://transerve.com/
- Total disclosed funding: $1.6M
- Latest round: Series A (Aug 30, 2017)
- Investors on record: 2

## About

Transerve Technologies Private Limited provides location intelligence software that enhances decision-making through advanced spatial analytics and data visualization, serving a global clientele across various sectors.Transerve Technologies Private Limited, founded in 2009 in Panaji, India, specializes in location intelligence solutions. The company was co-founded by Ashwanii Rawat and Rohit Ganguly. In January 2023, Transerve was acquired by Precisely Software Incorporated. The investment target for a Series A funding round was INR 100.000 mn, raised from IL&FS Investment Managers and Omidyar Network, with a current valuation of INR 479.261 mn.Transerve, now branded as MapReveal™ under Precisely, specializes in location intelligence software designed to enhance business decision-making through spatial analytics and enriched data visualization. The core offerings of MapReveal™ include tools that enable organizations to integrate, analyze, and visualize geospatial data, thereby providing context to their business operations. This suite of services targets various use cases, such as risk assessment, opportunity identification, and site selection, catering to industries like retail, telecommunications, and urban planning. The company serves a diverse customer base, including over 12,000 organizations across more than 100 countries, of which 93 are part of the Fortune 100. The products are deployed in multiple global markets, allowing businesses to leverage location-based insights for strategic planning and operational efficiency.In 2023, Transerve reported a revenue of INR 370095.9. The revenue model is primarily structured around software subscriptions for its MapReveal™ product, which facilitates ongoing access to their location intelligence services. Clients engage in contractual agreements that provide tiered pricing based on the scope of services and the number of users required. This structure supports B2B transactions, enabling organizations to utilize MapReveal™ for actionable insights derived from geospatial data, affirming their investment in advanced tools.The recent acquisition of Transerve by Precisely Software Incorporated is set to enhance the SaaS location intelligence capabilities of its data integrity software portfolio. This strategic move aims to bolster Transerve's offerings in the location intelligence space, effectively expanding their market presence. Although specific new products are not detailed, the integration into Precisely's existing infrastructure is expected to facilitate future growth. The funding from the Series A round will be utilized to support these expansion initiatives and enhance their service offerings, enabling Transerve to tap into new markets and geographic regions.

## Funding rounds

- Series A, Aug 30, 2017, $1.6M — IL&FS Investment Managers, Omidyar Network

## Investors

- IL&FS Investment Managers (https://capitalatlas.ai/funds/il-fs-investment-managers) — Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A