Mistral Solutions

Mistral Solutions Pvt. Ltd

Company type	Private
Industry	Product Engineering Services (PES), Aerospace and Defense, Homeland Security
Founded	1997;28 years ago (1997)
Founder	Anees Ahmed Rajeev Ramachandra
Headquarters	Bangalore, Karnataka
Area served	Global
Key people	Mujahid Alam (CEO) [1] Rajeev Ramachandra (Chief Technology Officer)
Owner	Independent (1997–2022) Axicades Technologies (2022–present)
Number of employees	351+ (January 2015)
Website	www.mistralsolutions.com

Mistral Solutions is an Indian product design and systems engineering company with a focus on embedded domains. Founded in 1997 by Anees Ahmed ^[2] and Rajeev Ramachandra, the Indian company was acquired by Axicades Technologies in December 2022. ^[3]

Mistral is headquartered in Bengaluru, India with regional offices in Delhi and Hyderabad. The company's US subsidiary, Mistral Solutions Inc., has its headquarters in Fremont, California, with a regional office in Dallas, Texas.

History

Mistral Solutions started operations as a value-added reseller for Wind River real-time operating systems and other COTS products in India. The company also offered design services by providing reference designs on the Analog Devices platforms and worked on data acquisition and signal processing related defense projects for various DRDO laboratories in the country. It later expanded its operations to the global market with a dedicated hardware and software design services team catering to the embedded electronics and systems arena.^{[ citation needed ]}

In 2001, Mistral received a series A funding of US$3.5 Million from eTec Ventures ^[4] and established Mistral Software Inc. in USA. In 2004, Mistral entered into a strategic alliance with Curtiss-Wright Embedded Computing which is today Curtiss-Wright Defense Solutions. It received its second round of funding in 2008 of US$6.5 Million from Nexus Ventures Partners ^[5] and JAFCO Asia. Both the companies exited in Nov 2017.^{[ citation needed ]}

Partners

Mistral's partners include Analog Devices, Texas Instruments, ^[6] AMD Xilinx, Qualcomm, ARM, Intel, Microsoft, Freescale Semiconductors, Wind River Systems, NVidia, Lattice Semiconductor, Curtiss-Wright Defense Solutions, RTI, Zetron, Rinicom, Amper and Ansys among others.^{[ citation needed ]}

Awards and recognitions

• Mistral was the Winner of NASSCOM Innovation Award – 2007 ^[7]
• In 2008, Mistral was the Winner of Red Herring Asia 100 ^[8]
• In 2009, Mistral featured in the NASSCOM’s "Top 50 IT Innovators" list
• Mistral won the STPI Karnataka IT Exports Award in 2012 ^[9]
• In 2017, Mistral was awarded the DRDO Defense Technology Absorption Awards ^[10]

See also

• Companies portal

• List of companies of India

References

1. "Mistral appoints new CEO". Archived from the original on 24 April 2015. Retrieved 23 April 2015.
2. "How he built a million-dollar firm with Rs 500K". Rediff. Retrieved 17 April 2025.
3. "AXISCADES completes acquisition of Mistral Solutions". Business Standard. Retrieved 28 December 2022.
4. "eTEC Ventures invests in Mistral".^{[ permanent dead link ]}
5. Abrar, Peerzada (10 June 2011). "Indian start-up Mistral Solutions finds business in developing technology for US defence and homeland security". The Economic Times. ISSN   0013-0389 . Retrieved 17 April 2025.
6. "Mistral joins TI's Design Network". Archived from the original on 19 January 2015.
7. "NASSCOM Innovation Award". Archived from the original on 19 April 2015.
8. "Red Herring 100 Asia 2008~Winners and Finalists". herringresearch.com. Retrieved 17 April 2025.
9. "STPI Karnataka IT Exports Award". Archived from the original on 23 May 2013.
10. "Mistral conferred with the Prestigious Defence Technology Absorption Award from DRDO". Electronics Maker. 27 March 2017. Retrieved 17 April 2025.