Indian Start-up Opportunity - Mantec

We are delighted to open Bridge round for Mantec, one of India’s leading manned and automated security solutions providers!
Mantec is a Phygital company in the security industry that is revolutionising how security services are offered by shifting focus to ‘problem solving’ using Artificial Intelligence (AI) & Machine Learning (ML).
Mantec Integrated Security Systems which involve the integration of security systems on one platform includes:
(i) Networking of CCTV & Surveillance cameras
(ii) Installation and maintenance of Fire Alarms
(iii) Hand Held Metal Detector
(iv) Single/Multi Zone Walk-Through Metal Detector
(v) Under Vehicle Search/Camera System
(vi) Search Lights
(vii) Boom Barriers
(viii) Parking Management System
(ix) X-ray Baggage Inspection System
(x) Access Control Systems for attendance management access monitoring
Market Potential
Security Industry in India is around Rs. 80,000 Crores, It generates around 50 Lakh jobs & is the biggest employer as an industry. The Industry is witnessing an average growth rate of ~ 20% Y-O-Y basis. Manned guarding has ~80% share.