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Marmin AI

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Automated e-invoicing platform for multi-regional regulatory compliance

Dubai, United Arab EmiratesFounded 2020Fintech
Valuation $0–100M Latest valuation · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Marmin AI

Marmin Technologies is a global technology company specializing in cloud-based e-invoicing and regulatory compliance solutions. Founded in 2020 by Sangmesh Hiremath, Marmin operates as an entity of the AJMS Group, a consulting network with expertise in tax, technology, and risk. The company was established to address the growing complexity of e-invoicing mandates across various regions, including the UAE, Saudi Arabia, Malaysia, Singapore, and India.

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The co-founder and CEO, Sangmesh Hiremath, has nearly two decades of experience in business consulting, supply chain management, and technology. His career began in manufacturing, providing him with a foundational understanding of business operations that he later applied to technology consulting and managing B2B networks. This background informs Marmin's focus on simplifying B2B payments and supplier collaboration through automation. Dr. Abhishek Jajoo, the Founder and Chairman of AJMS Group, and Murtuza Furniturewala, Co-Founder & COO, are also part of Marmin's leadership team.

Marmin provides a SaaS platform designed to integrate with existing Enterprise Resource Planning (ERP), Point of Sale (POS), and accounting systems to automate the generation, validation, and transmission of invoices to tax authorities. The platform is ERP-agnostic, supporting integrations with global and custom in-house systems. Key features include bulk invoice uploading, automatic tax calculations, customizable invoice templates, and end-to-end document tracking. The system is built for scalability, capable of processing up to 6,000 invoices per minute with an API response time under 200ms. Marmin also offers Peppol integration for cross-border transactions. For security and reliability, the platform complies with SOC 2 and GDPR standards, featuring encryption, multi-factor authentication, and built-in fault tolerance to ensure invoice delivery.

Marmin serves businesses of all sizes, from SMEs to large enterprises, across various sectors including manufacturing, retail, e-commerce, and logistics. The company has gained the trust of global brands such as Lenovo, Hitachi, and Ethiopian Airlines. As an accredited service provider, Marmin is positioned to help businesses comply with upcoming mandatory e-invoicing regulations, such as the UAE's nationwide system set to roll out starting in July 2026.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Dubai, United Arab Emirates
Employees
32
Open positions
None listed
Dealroom signal
82.7/100
Industry
Fintech, Enterprise Software
Sector
Fintech, Tax, Invoicing, CFO Tech
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Marmin AI.

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC May 2026 $20M $80M AJMS Global
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Growth signals

Marmin AI website traffic

Latest recorded traffic for Marmin AI is 25K monthly website visits, up 237.8% over the last three months.

Latest monthly visits25K 3-month web change+237.8%
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Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • AJMS Global
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇳 India53.6%
🇦🇪 United Arab Emirates42.9%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Marmin AI on X, ranked by likes and reposts, corporate channels excluded.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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