About Cashinvoice
Cashinvoice is a Technology company based in Mumbai (India) founded in 2018 by Arun Shekhar Poojari and Shrinivas Pralhad Kasar. It operates as an online platform offering cash flow automation and business loans. It operates in the Technology and Financial Services sectors. Cashinvoice has raised $6.64 million across 6 funding rounds from investors including HDFC Bank, Accion and Pravega Ventures. The company has 87 employees. Cashinvoice was last valued at $23.28 million in March 2023. Its chief executive is Arun Shekhar Poojari. Its website cashinvoice.in draws about 14 thousand monthly visits. Its Indian entity Indinvoice Tech Solutions Private Limited reported revenue of ₹16.53 Cr. Cashinvoice offers products and services including PayEarly, TradEasy, Enterprise SaaS, and Dynamic Discounting. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Account Payables & Receivables. Its competitors include Funding Societies, Bizongo, Lendingkart, Yubi and GoKwik and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Founded in 2018 and based in Mumbai, India, Cashinvoice operates in the fintech sector. An online platform is provided for automating invoice generation, payment processing, reconciliation, and settlements. Products such as PayEarly and TradEasy are offered to support early payment discounts for buyers. A marketplace is maintained for invoice financing, credit lines, supply chain funding, and related services targeted at businesses.
- Headquarters Mumbai, India
- Employees 87
- Founders Arun Shekhar Poojari, Shrinivas Pralhad Kasar
- Stage Minicorn
- SectorsTechnologyFinancial Services
- Email••••••••
- Phone•••• ••••
- Website cashinvoice.in
- Social LinkedIn X Facebook Instagram
- Legal Name Indinvoice Tech Solutions Private Limited
- Date of Incorporation 03 Oct, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹16.53 Cr
FY 2025 · +57% YoY
- Net Profit₹1.25 Cr
FY 2025 · 8% margin
- EBITDA₹1.51 Cr
FY 2025 · 9% margin
- Total Equity Funding$6.64M (USD)
in 6 rounds
- Latest Funding Round$3.4M (USD), Series A
Feb 2024
- InvestorsHDFC Bank
& 6 more
- Employee Count87
Associated legal entities of Cashinvoice
Cashinvoice operates through Indinvoice Tech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indinvoice Tech Solutions Private Limited CIN U46900MH2018PTC315223 | Active | 03 Oct 2018 | Mumbai, Maharashtra | ₹16.5 Cr | 87 | 4 | View details |
Products & Services of Cashinvoice
Cashinvoice offers a comprehensive portfolio of products and services, including PayEarly, TradEasy, Enterprise SaaS, and Dynamic Discounting.
Early payment finance solution for business working capital
Trade receivables finance for streamlining accounts receivable
End-to-end automated supply chain finance solution
Flexible discounting for invoice-based financing
Funding Insights of Cashinvoice
Cashinvoice has successfully raised a total of $6.64M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $3.4 million completed in February 2024. 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 $6.64M
- Total Rounds 6
- Last Round Series A — $3.4M
- First Round $20,540
(Sep 2019)
- Investors Count 7
All 6 funding rounds of Cashinvoice 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 |
|---|---|---|---|---|---|
| Feb 2024 | $3.4M | Series A | – | HDFC Bank, Pravega Ventures | – |
| Mar 2023 | $1.87M | Series A | $23.28M | Pravega Ventures, HDFC Bank | |
| Oct 2021 | $1M | Seed | $14.93M | Accion | – |
| Jun 2021 | $77,773 | Seed | $••••• | Touchstone Venture | |
| Dec 2020 | $270,410 | Seed | $••••• | GVPV Solutions | |
| Sep 2019 | $20,540 | Angel Round | $••••• | Kalpesh Mehta | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $23.28M | •••••••• |
| Oct 2021 | $14.93M | •••••••• |
| Jun 2021 | $••••• | •••••••• |
| Dec 2020 | $••••• | •••••••• |
| Sep 2019 | $••••• | •••••••• |
Full valuation and stage history of Cashinvoice
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $23.28M (Mar 2023). 7 investors in total: 6 institutional and 1 angel.
Investors in Cashinvoice
Cashinvoice has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HDFC Bank, Accion and Pravega Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial services, strategic advisory, and partnerships in investments. | – | pravegavc.com | Bengaluru, India | |
Private equity firm focused on multiple sectors | – | gvpvsolutions.tcc.mode | Gurugram, India | |
Commercial and personal banking services are offered by HDFC Bank. | 1994 | hdfcbank.com | Mumbai, India | |
Foundation focused on early-stage investments in fintech sector | 1961 | accion.org | - | |
Limited information available | – | touchstone-ventures.com | Singapore, Singapore | |
Medical devices, consumer products, logistics, and distribution services in India. | – | cmmgroup.in | Panaji, India | |
KM Kalpesh Mehta | Founder of Celebi Aviation, active angel investor in Indian startups | – | unknown_0ed46cab68e1479d9 | - |
Investor details for Cashinvoice
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Board of directors of Indinvoice Tech Solutions Private Limited (Cashinvoice)
Indinvoice Tech Solutions Private Limited is the primary company behind Cashinvoice. The board of Indinvoice Tech Solutions Private Limited currently have 4 directors; the longest-serving is Arun Shekhar Poojari, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Shekhar Poojari DIN 08066745 | Director | 03 Oct 2018 | 8 yrs | Indinvoice Tech Solutions Private Limited |
| Shrinivas Pralhad Kasar DIN 08034520 | Director | 03 Oct 2018 | 8 yrs | Indinvoice Tech Solutions Private Limited |
| Govind Sankaranarayanan DIN 01951880 | Director | 29 Dec 2020 | 5 yrs 9 mo | Indinvoice Tech Solutions Private Limited |
| Rahil Feroze Rangwala DIN 07108120 | Nominee Director | 26 Dec 2024 | 1 yr 9 mo | Indinvoice Tech Solutions Private Limited |
People of Cashinvoice
20 people are tracked at Cashinvoice (11 in leadership, 9 in team); the tracked headcount is 87.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
| Co-founder | Leadership | |
| Co-founder & CEO | Leadership | |
Bharat Shukla | Chief Technology Officer | Leadership |
Nitin Rastogi | Business Head | Leadership |
Raajat Verma | Head Of Product | Leadership |
ketan pradhan | Deputy Vice President - Tech Lead | Leadership |
Mihir Shah | Technical Project Manager - Deputy Vice President | Leadership |
Vivek Radhakrishnan | Head - Partnerships & Alliances | Leadership |
Avinash Pandey | Director-client Coverage | Leadership |
Pooja Bhosale | Operations Manager | Team |
Sunil Anaje | AVP - Client Coverage. | Team |
Sushant Kumar | Operations Manager | Team |
Akash Jawale | Software Engineer | Team |
Priyanka Meghnani | Senior Brand Marketing Manager | Team |
Swetha Gottumukkala | Operations Manager | Team |
satya e | Project Manager | Team |
Ujjwal Mishra | Senior Key Account Manager | Team |
Jyotikant Patil | Senior Software Engineer | Team |
Complete people profiles for Cashinvoice
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Financials of Cashinvoice
Figures of Indinvoice Tech Solutions Private Limited, the primary company behind Cashinvoice, for FY 2025. Revenue was ₹16.53 Cr (+57% year on year). Net profit was ₹1.25 Cr (8% margin). EBITDA was ₹1.51 Cr (9% margin). Revenue has grown at a compounded annual rate of +104% over three years and +103% over five years.
- ₹16.53 CrRevenue · FY 2025 · +57% YoY
- ₹1.25 CrNet profit · 8% margin
- ₹1.51 CrEBITDA · 9% margin
- ₹1.6 LakhPaid-up capital
- 87Employees (provident fund records)
- +104%Revenue CAGR, 3 years
- +103%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indinvoice Tech Solutions Private Limited are on its company page.
Detailed financial statements for Cashinvoice
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Cashinvoice
4 dated milestones of Cashinvoice across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Cashinvoice is founded.
- Funding First funding round of $21K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.4M.
Competitors of Cashinvoice
Cashinvoice has 8 listed competitors in our database, 7 of them funded. They include Funding Societies, Bizongo, Lendingkart, Yubi and GoKwik, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fundingsocieties.com | 2015 | Singapore | $241.5M | – | Business loans are provided via a P2P marketplace platform. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| lendingkart.com | 2014 | Ahmedabad, India | $260.24M | 790 | Provider of unsecured business loans and working capital financing to MSMEs | |
| go-yubi.com | 2020 | Chennai, India | $240.86M | 505 | Business loans are facilitated through an online debt marketplace. | |
| gokwik.co | 2020 | Delhi, India | $73.02M | 304 | Software solutions are provided for e-commerce and D2C brands. | |
| indifi.com | 2015 | Gurugram, India | $90.76M | 500 | Online business loans and credit solutions for MSMEs are provided. | |
| epimoney.in | 1995 | Chennai, India | – | 623 | Consumer and business loans are facilitated via an online platform. | |
| indialends.com | 2014 | Gurugram, India | $30.11M | 221 | Online platform providing loans and credit cards from various financial institutions |
Detailed competitors of Cashinvoice
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Web traffic of Cashinvoice
The website of Cashinvoice (cashinvoice.in) receives about 13.5K visits a month.
- Monthly visits13.5K
▼ 32.2% vs previous month
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Cashinvoice (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 | 3,108 | |
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 5.07 B | – | 6,209 | |
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 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
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 | – | 8,159 |
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Frequently Asked Questions about Cashinvoice
Cashinvoice was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Cashinvoice is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Arun Shekhar Poojari is the current CEO of Cashinvoice. They have also founded this company.
Cashinvoice is a funded company, having raised a total of $6.64M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $20.54K, raised on Sep 2019.
Cashinvoice has 87 employees.
The primary company behind Cashinvoice, Indinvoice Tech Solutions Private Limited, reported revenue of ₹16.53 Cr for FY 2025, up 57% year on year.
Founded in 2018 and based in Mumbai, India, Cashinvoice operates in the fintech sector. An online platform is provided for automating invoice generation, payment processing, reconciliation, and settlements. Products such as PayEarly and TradEasy are offered to support early payment discounts for buyers. A marketplace is maintained for invoice financing, credit lines, supply chain funding, and related services targeted at businesses.
Cashinvoice's top competitors include Funding Societies, Yubi and Indifi.
Cashinvoice offers PayEarly, TradEasy, Enterprise SaaS, and Dynamic Discounting.
Cashinvoice has 7 investors. Key investors include HDFC Bank, Accion, Pravega Ventures, Cosme Matias Menezes, and Touchstone Ventures.
The valuation of Cashinvoice is $23.28M as of Mar 2023.
Cashinvoice operates through Indinvoice Tech Solutions Private Limited.