About Aakash Infoway
Aakash Infoway is a company based in Rajkot (India) founded in 2018. It operates as a B2B. Aakash Infoway operates in a competitive market with competitors including Khatabook, RecordBook, CashBook, OkCredit and BuKu, among others.
- Headquarter Rajkot, India
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website aakashinfoway.com
- Legal Name Aakash Infoway Private Limited
- Date of Incorporation 24 Mar, 2017
- Jurisdiction Rajkot, Gujarat, India
- Annual Revenue₹1.04 Cr
FY 2024 · +14% YoY
- Net Loss-₹1.7 Lakh
FY 2024 · -2% margin
- EBITDA₹1.9 Lakh
FY 2024 · 2% margin
Associated legal entities of Aakash Infoway
Aakash Infoway operates through Aakash Infoway Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aakash Infoway Private Limited CIN U72900GJ2017PTC096480 | Active | 24 Mar 2017 | Rajkot, Gujarat | ₹1.0 Cr | – | 2 | View details |
Board of directors of Aakash Infoway Private Limited (Aakash Infoway)
Aakash Infoway Private Limited is the primary company behind Aakash Infoway. The board of Aakash Infoway Private Limited currently have 2 directors; the longest-serving is Chandresh Bhogilal Kothari, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chandresh Bhogilal Kothari DIN 01004368 | Director | 24 Mar 2017 | 9 yrs 6 mo | Aakash Infoway Private Limited |
| Sonal Chandreshbhai Kothari DIN 07761957 | Director | 24 Mar 2017 | 9 yrs 6 mo | Aakash Infoway Private Limited |
Financials of Aakash Infoway
Figures of Aakash Infoway Private Limited, the primary company behind Aakash Infoway, for FY 2024. Revenue was ₹1.04 Cr (+14% year on year). Net loss was -₹1.7 Lakh (-2% margin). EBITDA was ₹1.9 Lakh (2% margin). Revenue has grown at a compounded annual rate of +29% over three years and +16% over five years.
- ₹1.04 CrRevenue · FY 2024 · +14% YoY
- -₹1.7 LakhNet loss · -2% margin
- ₹1.9 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- +29%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aakash Infoway Private Limited are on its company page.
Detailed financial statements for Aakash Infoway
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Competitors of Aakash Infoway
Aakash Infoway operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Khatabook, RecordBook, CashBook, OkCredit and BuKu, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| khatabook.com | 2018 | Bengaluru, India | $186.62M | – | App-based bookkeeping solutions are offered for small business management. | |
| rekord.in | 2021 | Mumbai, India | $460,053 | – | App-based bookkeeping solutions are offered for small businesses. | |
| cashbook.in | 2020 | Bengaluru, India | $2.43M | 6 | App-based accounting and cash management solutions for small businesses | |
| okcredit.in | 2017 | Bengaluru, India | $84.87M | 68 | Digital ledger application offered for small businesses' transaction management. | |
| hibuku.com | 2019 | Delhi, India | – | – | Offers an app-based platform for bookkeeping and financial solutions. | |
| creditdebit.in | 2020 | Purnia, India | – | – | Offers mobile-based bookkeeping software designed for small businesses. | |
| takefin.com | 2017 | Belgrade, Serbia | – | – | Offers cloud-based solutions for bookkeeping and financial management. | |
| tradeoncloud.com | 2019 | Gurugram, India | – | – | Provides accounting software designed for small businesses. |
Detailed competitors of Aakash Infoway
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Similar companies to Aakash Infoway
10 companies that operate in the same segment as Aakash Infoway (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Aakash Infoway
Aakash Infoway was founded in 2018.
Aakash Infoway is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
The primary company behind Aakash Infoway, Aakash Infoway Private Limited, reported revenue of ₹1.04 Cr for FY 2024, up 14% year on year.
Aakash Infoway provides comprehensive software solutions for efficient bookkeeping, focusing on leveraging cutting-edge technology, creating custom software solutions, financial software, and bookkeeping solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Aakash Infoway's top competitors include Khatabook, RecordBook and OkCredit.
Aakash Infoway operates through Aakash Infoway Private Limited.
The legal entities of Aakash Infoway currently have 2 directors, including Chandresh Bhogilal Kothari, Sonal Chandreshbhai Kothari.