MantaRay Management Limited
MantaRay Management Limited is a Mauritius-based, FSC-regulated boutique management firm providing corporate formation, fund administration, private wealth, fiduciary, and compliance services to international businesses, entrepreneurs, fund operators, and high net worth individuals.
- Company typePrivate
- Founded2012
- HeadquartersQuatre Bornes, Mauritius
- Headcount11–50
- GTM typeB2B
- OfferingServices
What MantaRay Management Limited does
MantaRay Management Limited is a boutique management company incorporated on 9 January 2012 in the Republic of Mauritius and regulated and licensed by the Financial Services Commission (FSC). Headquartered at 3 Emerald Park, Trianon, Quatre Bornes, with operations described as anchored in the Ebène Cybercity business district, the firm delivers corporate, fund, and fiduciary management services to international businesses, entrepreneurs, fund operators, and high net worth individuals seeking to establish or administer entities in Mauritius. The company operates with approximately 13 employees and is privately held, with no disclosed external funding, parent company, or subsidiaries.
The service portfolio spans four core verticals — corporate services (Global Business Companies, Authorised Companies, Investment Dealers, Protected Cells Companies, Limited Partnerships), fund administration (private equity, hedge, real estate, venture capital), private wealth (trusts, foundations, succession planning), and fintech licensing support — supplemented by adjacent offerings including outsourced accounting and taxation, payroll processing, compliance and KYC services, family office services, trademark registration, and occupation and residence permit acquisition. No proprietary technology platforms, patents, AI capabilities, or API/SDK integrations are disclosed; service delivery is people-led professional advisory delivered through direct client consultation. Pricing is custom-quoted and tailored to client requirements on multi-year contracts; no standardised fee schedule is published.
The go-to-market model is relationship-driven and sales-led, relying on direct contact, a website with content marketing (blog posts covering fintech, COVID-19, regulatory developments), a LinkedIn presence, and newsletter outreach. Distribution is exclusively direct-to-client with no intermediaries, marketplaces, or channel partners; the stated geographic scope is global despite the single Mauritius base. The team comprises chartered accountants, lawyers, and IT security professionals, with key leadership including Shyam Mohadeb (Chairman of Strategic Committee, chartered accountant, former PwC partner). The available record shows no disclosed strategic acquisitions, partnership agreements, leadership changes, product launch dates, or funding events.
MantaRay Management Limited firmographics
Firmographics- Name
- MantaRay Management Limited
- Legal name
- MantaRay Management Limited
- Website
- https://mantaray.mu
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MantaRay Management Limited is a Mauritius-based, FSC-regulated boutique management firm providing corporate formation, fund administration, private wealth, fiduciary, and compliance services to international businesses, entrepreneurs, fund operators, and high net worth individuals.
- Ownership category
- akta.pro rank
MantaRay Management Limited industry classification
Industry- Product category
- Corporate and Fiduciary Management Services
- NAICS
- Management of Companies and Enterprises (55111), Trusts, Estates, and Agency Accounts (52592), Management of Companies and Enterprises (551)
- SIC
- Finance Services (6199), Services-Management Consulting Services (8742), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Family Office Services (Single & Multi-Family Office) (FSABADAF)
- akta.pro secondary industries
- Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI)
Keywords
Where MantaRay Management Limited is headquartered
LocationHeadquarters
- HQ city
- Quatre Bornes
- HQ country
- Mauritius
- HQ region
- Africa
Offices1 record
Markets served
MantaRay Management Limited business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Corporate Services: Revenue generated from company formation, incorporation, and administration services including Global Business Companies, Authorised Companies, Investment Dealers, Protected Cells Companies, and Limited Partnerships. Services include directorship, company secretarial, accounting, nominee shareholding, and bank account opening.
- Private Wealth Management: Fees from wealth management services including trusts, foundations, portfolio management, advisory services, tax and succession planning, and structuring assistance for high net worth individuals and family offices.
- Fund Services: Revenue from fund administration, structuring, due diligence, directorship, compliance monitoring, certificate renewals, and fund accounting services for various fund structures including Private Equity, Hedge Funds, Real Estate Investment, and Venture Capital Funds.
- Fintech Services: Fees from providing legal and regulatory assistance, licensing support, setting up and structuring, and tax and policy strategy services for fintech companies operating in Mauritius.
- Outsourced Accounting and Taxation: Revenue from outsourced accounting, bookkeeping, HR administration, payroll, and invoicing services delivered to client entities from high-net-worth individuals to multinational corporations.
- Outsourced Fund Administration: Fees for providing formation, directorship, company secretarial and administration services as an outsourced fund administrator for investors with funds domiciled in Mauritius.
- Family Office Services: Revenue from providing comprehensive family office services including wealth preservation, succession planning, and compliance with licensing requirements for setting up family offices in Mauritius.
- Payroll Services: Fees for outsourced payroll processing services including payroll tax return filing, ensuring accuracy and compliance for client organizations.
- Compliance and Legal Assistance: Revenue from compliance services including due diligence, risk profiling, data protection, KYC assessment, transaction monitoring, and legal assistance for financial services clients.
- Trademark Registration: Fees for trademark registration services including in-depth searches, application filing, and trademark maintenance for 10 years.
- Permit Acquisition Services: Revenue from assisting clients with occupation and residence permit acquisition services for relocating to Mauritius.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom-quoted professional services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
MantaRay Management Limited product offering
Product offeringCore offering
MantaRay Management Limited is a boutique management company regulated and licensed by the Financial Services Commission (FSC) in Mauritius. It provides company formation, incorporation, fund administration, private wealth management (trusts and foundations), fiduciary, and compliance services to international businesses, entrepreneurs, fund operators, and private clients seeking to set up and administer entities in Mauritius.
Differentiator
Problem solved
Functional benefit
Products and services
- Global Business Company Formation Formation, incorporation, and administration of Global Business Companies (GBC) in Mauritius for international businesses and entrepreneurs seeking cross-border holding or operating structures.
- Authorised Company Formation Formation and administration of Authorised Companies in Mauritius, providing a flexible structure for foreign entities pursuing African or cross-border operations.
- Investment Dealer Licensing Regulatory and licensing support for entities seeking Investment Dealer authorisation with the FSC in Mauritius, including structuring and ongoing compliance.
- Protected Cells Company Formation Establishment and administration of Protected Cells Companies (PCC) in Mauritius for clients needing segregated cell structures such as insurance or fund vehicles.
- Limited Partnerships Formation Formation and ongoing administration of Limited Partnerships in Mauritius for investment and commercial vehicles.
- Trust Services Trust formation, administration, and trustee services for high net worth individuals and families seeking asset preservation and estate planning in Mauritius.
- Foundation Services Establishment and administration of foundations in Mauritius for wealth structuring, succession planning, and philanthropic objectives.
- Fund Set-Up Services Structuring, formation, and licensing support for Private Equity, Hedge, Real Estate, and Venture Capital funds in Mauritius, including directorship and compliance monitoring.
- Fintech Licensing and Structuring Services Legal, regulatory, licensing, structuring, and tax/policy strategy assistance for fintech companies establishing or operating in Mauritius.
- Family Office Services Comprehensive family office services in Mauritius covering wealth preservation, succession planning, compliance, and licensing for setting up family office structures.
- Outsourced Fund Administration Outsourced fund administration including formation, directorship, company secretarial, and administration services for investors with funds domiciled in Mauritius.
- Outsourced Accounting and Taxation Outsourced accounting, bookkeeping, HR administration, payroll, and invoicing services delivered to client entities from HNW individuals to multinational corporations.
- Trademark Registration In-depth trademark searches, application filing, and 10-year trademark maintenance services for clients protecting intellectual property in Mauritius.
- Occupation and Residence Permit Acquisition
Quantifiable outcome
- Streamlined entity formation and administration for diverse structures in Mauritius
- +1 more outcomes
Companies that use MantaRay Management Limited
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
MantaRay Management Limited technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MantaRay Management Limited partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
MantaRay Management Limited competitors and assessment
Company assessmentBroad incumbents
- Apex Group: Global financial services provider offering fund administration, corporate services, and family office solutions across multiple jurisdictions including Mauritius - directly comparable but at enterprise scale.
- Vistra: International corporate services and fund administration firm with Mauritius operations offering company formation, accounting, and fiduciary services comparable to MantaRay's portfolio.
- IQ-EQ: Global fund administration and corporate services firm with significant Mauritius presence offering company formation, fund admin, and fiduciary services - directly comparable GTM and service mix to MantaRay but at much larger scale.
- Ocorian: Global provider of corporate, fund, and private client services including Mauritius-domiciled fund administration and family office solutions - directly comparable offering profile.
- Conyers: International law firm offering corporate services and fiduciary support with Caribbean and offshore expertise; adjacent comparable for Mauritius-domiciled fund and corporate formations.
- Tricor Group: Asia-headquartered business expansion specialist offering company formation, corporate secretarial, and accounting services; comparable in service profile though primarily regional.
- Maples Group: International law firm-adjacent fund services and corporate services provider with Mauritius coverage through fiduciary services - competes for fund administration and structuring mandates.
- TMF Group: Large global provider of corporate secretarial, fund administration, accounting, and payroll services with established Mauritius operations - competes directly with MantaRay's core corporate and fund services.
Direct peers
- SGG Group: Specialised provider of corporate, fund, and fiduciary administration services with strong Mauritius and international presence - closest direct peer in service mix and client type to MantaRay.
- Trident Trust: Independent provider of corporate, fund, and private client services with operations spanning multiple jurisdictions - directly comparable boutique-style provider competing for similar client mandates.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
MantaRay Management Limited social profiles
Digital presenceMantaRay Management Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
MantaRay Management Limited leadership team
Management profileNumber of profiles
Profiles1 record
MantaRay Management Limited funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MantaRay Management Limited M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MantaRay Management Limited
What does MantaRay Management Limited do?
MantaRay Management Limited is a boutique management company regulated and licensed by the Financial Services Commission (FSC) in Mauritius. It provides company formation, incorporation, fund administration, private wealth management (trusts and foundations), fiduciary, and compliance services to international businesses, entrepreneurs, fund operators, and private clients seeking to set up and administer entities in Mauritius.
Is MantaRay Management Limited a public or private company?
MantaRay Management Limited is a private company. It is classified as management employee owned and is currently operating.
When was MantaRay Management Limited founded?
MantaRay Management Limited was founded in 2012. It employs 11 to 50 people.
Where is MantaRay Management Limited based?
MantaRay Management Limited is headquartered in Quatre Bornes, Mauritius, in the Africa region.
How does MantaRay Management Limited make money?
Eleven revenue lines are on record. Corporate Services are the primary driver. The others are private Wealth Management, fund Services, fintech Services, outsourced Accounting and Taxation, outsourced Fund Administration, family Office Services, payroll Services, compliance and Legal Assistance, trademark Registration and permit Acquisition Services.
Who are MantaRay Management Limited's main competitors?
Broad incumbents on record are Apex Group, Vistra, IQ-EQ, Ocorian, Conyers, Tricor Group, Maples Group and TMF Group. Direct peers are SGG Group and Trident Trust.
Does MantaRay Management Limited have an API?
No public API is recorded for MantaRay Management Limited.
What industry is MantaRay Management Limited in?
MantaRay Management Limited's product category is Corporate and Fiduciary Management Services. Its primary akta.pro industry code is FSABADAF, Family Office Services (Single & Multi-Family Office), with a secondary code of FSABADAD, Private Banking Advisory & Discretionary Portfolio Management. Its NAICS code is 55111 and its SIC code is 6199.