About Bix42
Bix42 is a Technology company based in Jaipur (India) founded in 2017. Cloud-based invoicing and collection solutions for businesses are provided. It operates in the Technology and Financial Services sectors. Bix42 has raised $43.66 thousand across 3 funding rounds from investors including Sachin Parandker and Startup Oasis. Its website bix42.com draws about 37 thousand monthly visits. Its Indian entity Bpk Softwares Private Limited reported revenue of ₹35 Lakh. Bix42 offers products and services including Cable Billing Software, Broadband Billing Software, Newspaper Billing App, and Society and Rent Management Software. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Quote to Cash. Its competitors include Vyapar, IppoPay and Nupay; 3 of its 3 listed competitors have raised funding.
Company details
Bix42 was founded in 2017 in Jaipur, India, and operates in the fintech sector. App and cloud-based platforms are utilized to deliver invoicing, GST billing, complaint management, payment collection, customer management, expense tracking, and collection reporting. Solutions are tailored for distributors and customers to handle business financial operations efficiently.
- Headquarters Jaipur, India
- SectorsTechnologyFinancial Services
- Email••••••••
- Phone•••• ••••
- Website bix42.com/home
- Social LinkedIn X Facebook
- Legal Name Bpk Softwares Private Limited
- Date of Incorporation 11 Jan, 2017
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹35 Lakh
FY 2024 · +2% YoY
- Net Profit₹2.7 Lakh
FY 2024 · 8% margin
- EBITDA₹2.8 Lakh
FY 2024 · 8% margin
- Total Equity Funding$43.66K (USD)
in 3 rounds
- Latest Funding Round$27.87K (USD), Debt – Convertible
Nov 2019
- InvestorsStartup Oasis
& 1 more
Associated legal entities of Bix42
Bix42 is associated with 2 registered companies on The Company Check; the primary company is Bpk Softwares Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bpk Softwares Private Limited CIN U72900RJ2017PTC056756 | Active | 11 Jan 2017 | Sangaria, Rajasthan | ₹0.4 Cr | 2 | View details | |
| Kickstartup Advisory Services Llp CIN AAN-9580 | Active | 08 Jan 2019 | Chennai, Tamil Nadu | $4,530 | 2 | View details |
Products & Services of Bix42
Bix42 offers a comprehensive portfolio of products and services, including Cable Billing Software, Broadband Billing Software, Newspaper Billing App, and Society and Rent Management Software.
Software for managing cable operator billing and payments.
Tool for ISP providers to handle broadband subscriptions and collections.
App for newspaper agencies to automate invoicing and customer management.
Software for tracking rent and society fees with payment reminders.
Funding Insights of Bix42
Bix42 has successfully raised a total of $43.66K across 3 strategic funding rounds. The most recent funding activity was a Debt – Convertible round of $27.87 thousand completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $43,659
- Total Rounds 3
- Last Round Debt – Convertible — $27,870
- Investors Count 2
All 3 funding rounds of Bix42 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $27,870 | Debt – Convertible | – | – | – |
| Mar 2019 | $43,659 | Seed | – | Sachin Parandker | – |
| Sep 2017 | Seed | – | Startup Oasis | – |
2 investors in total: 1 institutional and 1 angel.
Investors in Bix42
Bix42 has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Sachin Parandker and Startup Oasis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RIICO-backed incubator services are offered to startups in Jaipur. | startupoasis.in | Jaipur, India | ||
SP Sachin Parandker | unknown_c46a25aafd7640b9b |
Investor details for Bix42
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bpk Softwares Private Limited (Bix42)
Bpk Softwares Private Limited is the primary company behind Bix42. The boards of the 2 registered companies of Bix42 currently have 4 directors; the longest-serving is Gaurav Karwa, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gaurav Karwa DIN 07679100 | Director | 11 Jan 2017 | 9 yrs 9 mo | Bpk Softwares Private Limited |
| Parth Gupta DIN 07679079 | Director | 11 Jan 2017 | 9 yrs 9 mo | Bpk Softwares Private Limited |
| Hari Krishnan Kannappan DIN 02369394 | Designated Partner | 08 Jan 2019 | 7 yrs 9 mo | Kickstartup Advisory Services Llp |
| Kiran Reddy Magunta DIN 00092805 | Designated Partner | 08 Jan 2019 | 7 yrs 9 mo | Kickstartup Advisory Services Llp |
Financials of Bix42
Figures of Bpk Softwares Private Limited, the primary company behind Bix42, for FY 2024. Revenue was ₹35 Lakh (+2% year on year). Net profit was ₹2.7 Lakh (8% margin). EBITDA was ₹2.8 Lakh (8% margin). Revenue has grown at a compounded annual rate of +17% over three years and +2% over five years.
- ₹35 LakhRevenue · FY 2024 · +2% YoY
- ₹2.7 LakhNet profit · 8% margin
- ₹2.8 LakhEBITDA · 8% margin
- ₹21 LakhPaid-up capital
- +17%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bpk Softwares Private Limited are on its company page.
Detailed financial statements for Bix42
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Bix42
3 dated milestones of Bix42 across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Bix42 is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Convertible, of $28K.
Competitors of Bix42
Bix42 has 3 listed competitors in our database, 3 of them funded. They include Vyapar, IppoPay and Nupay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vyaparapp.in | 2016 | Bengaluru, India | $35.89M | 1,155 | Cloud-based invoicing and inventory tools for small businesses are provided. | |
| ippopay.com | 2020 | Chennai, India | $4.65M | 229 | QR codes and UPIs are used for business payment acceptance. | |
| nupay.co.in | 2018 | Gurugram, India | $845,325 | 21 | API infrastructure for banking, payments, lending, and reconciliation is provided. |
Detailed competitors of Bix42
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bix42
The website of Bix42 (bix42.com) receives about 36.6K visits a month.
- Monthly visits36.6K
▲ 554.2% vs previous month
Websites whose visitors overlap most with Bix42. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 24onlinebilling.com | 36% | 10.4K | #1,506,677 | View details |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Bix42
Bix42 was founded in 2017.
Bix42 is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Bix42 is a funded company, having raised a total of $43.66K across 3 funding rounds to date.
The primary company behind Bix42, Bpk Softwares Private Limited, reported revenue of ₹35 Lakh for FY 2024, up 2% year on year.
Bix42 was founded in 2017 in Jaipur, India, and operates in the fintech sector. App and cloud-based platforms are utilized to deliver invoicing, GST billing, complaint management, payment collection, customer management, expense tracking, and collection reporting. Solutions are tailored for distributors and customers to handle business financial operations efficiently.
Bix42 offers Cable Billing Software, Broadband Billing Software, Newspaper Billing App, and Society and Rent Management Software.
Bix42 has 2 investors. Key investors include Sachin Parandker, and Startup Oasis.
Bix42 is associated with 2 legal entities: Bpk Softwares Private Limited, Kickstartup Advisory Services Llp.
The legal entities of Bix42 currently have 4 directors, including Hari Krishnan Kannappan, Kiran Reddy Magunta, Gaurav Karwa and others.