Ownership/Funding Info

Organization Name: MaMITs
Legal Structure: MaMITs Private Limited

Ownership Structure:

Founder(s):
Mukund Manish: 99.99%

Team Member(s):
This clearly outlines the ownership distribution of the organization, with Mukund Manish holding the majority of shares at 99.99%, and a team member holding 0.01% of the shares.

Board of Directors: Mukund Manish, Avnish Pandey, Meena Devi, Vidya Nand Pandey

Position: Founder & Director
This clearly outlines that Mukund Manish serves as the Founder & Director of the organization on the Board of Directors. If you have any additional board members or positions to add, you can include their information in a similar format.

Funding Sources:

Our organization not receives any funding from various sources,
including:

• Private Investment: Mamits Private Limited funded our company in March 2014 with an initial investment of 3,000 INR. Our company was properly registered in 2022 as Mamits Private Limited.

• Grants: We have not received any grants.

• Revenue and Sales: Our company generates revenue through projects from an IT company based in Bhopal, which, for privacy reasons, we cannot disclose by name. This IT company has a small team and cannot handle large projects or big clients. In such cases, they outsource projects to us, and we provide services in SEO, Local Business, Google My Business, Facebook, Instagram, References, Re-works, Re-Design, Re-Development, Maintenance, Renewal, Website Design, Website Development, UI & UX Design, Logo & Graphic Design, Mobile App Development, Software Development, and some subscription-based modules. Please note that we cannot share specific private data publicly due to client privacy concerns.

• Donations: We have not received any donations as of 2023.

• Partnerships: Our organization does not have strategic partnerships, financial support, or in-kind support.

• Financial Transparency: We are committed to financial transparency and regularly publish financial reports, audits, and tax filings. This information is available to stakeholders upon request.
• Stewardship of Funds: We ensure that funds received are used responsibly and in line with our mission and objectives. Our financial management practices are designed to maximize the impact of the resources entrusted to us.
• Compliance: We adhere to all relevant legal and regulatory requirements concerning ownership, funding, and financial reporting. Our organization operates in compliance with local (Bhopal), state (Madhya Pradesh), Country (India) and federal laws.
• Audit and Accountability: Regular financial audits are conducted by independent auditors to verify the accuracy and integrity of our financial statements. The results of these audits are reported to our board and made available to relevant stakeholders.
• Contact Information: If you have any questions or require more information about our ownership structure, funding sources, or financial transparency, please contact us at

We value transparency and are committed to providing accurate and up-to-date information about our organization’s ownership and funding.