About Cashinvoice
Cashinvoice is a company based in Mumbai (India) founded in 2018 by Arun Shekhar Poojari and Shrinivas Pralhad Kasar.. Cashinvoice has raised $6.64 million across 6 funding rounds from investors including HDFC Bank, Accion and Pravega Ventures. The company has 87 employees as of March 21, 2025. Cashinvoice offers products and services including PayEarly, TradEasy, Enterprise SaaS, and Dynamic Discounting. Cashinvoice operates in a competitive market with competitors including Funding Societies, Bizongo, Lendingkart, Yubi and GoKwik, among others.
- Headquarter Mumbai, India
- Employees 87 as on 21 Mar, 2025
- Founders Arun Shekhar Poojari, Shrinivas Pralhad Kasar
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Indinvoice Tech Solutions Private Limited
- Date of Incorporation 03 Oct, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.23 M (USD)76.08as on Mar 31, 2024
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Net Profit
$-438.43 K (USD)-0.14as on Mar 31, 2024
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EBITDA
$-475.48 K (USD)-85.48as on Mar 31, 2024
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Total Equity Funding
$6.64 M (USD)
in 6 rounds
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Latest Funding Round
$3.4 M (USD), Series A
Feb 07, 2024
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Investors
HDFC Bank
& 6 more
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Employee Count
87
as on Mar 21, 2025
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Products & Services of Cashinvoice
Cashinvoice offers a comprehensive portfolio of products and services, including PayEarly, TradEasy, Enterprise SaaS, and Dynamic Discounting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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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 Total Funding
- Total Rounds 6
- Last Round Series A — $3.4M
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First Round
First Round
(03 Sep 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - Cashinvoice | Valuation | HDFC Bank , Pravega Ventures |
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| Mar, 2023 | Amount | Series A - Cashinvoice | Valuation | Pravega Ventures , HDFC Bank | |
| Oct, 2021 | Amount | Seed - Cashinvoice | Valuation | Accion |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Financial services, strategic advisory, and partnerships in investments.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Commercial and personal banking services are offered by HDFC Bank.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cashinvoice
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cashinvoice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cashinvoice Comparisons
Competitors of Cashinvoice
Cashinvoice 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 Funding Societies, Bizongo, Lendingkart, Yubi and GoKwik, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Business loans are provided via a P2P marketplace platform.
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| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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| domain | founded_year | HQ Location |
Provider of unsecured business loans and working capital financing to MSMEs
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| domain | founded_year | HQ Location |
Business loans are facilitated through an online debt marketplace.
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| domain | founded_year | HQ Location |
Software solutions are provided for e-commerce and D2C brands.
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| domain | founded_year | HQ Location |
Online business loans and credit solutions for MSMEs are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cashinvoice
Frequently Asked Questions about Cashinvoice
When was Cashinvoice founded?
Cashinvoice was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Cashinvoice located?
Cashinvoice is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Cashinvoice?
Arun Shekhar Poojari is the current CEO of Cashinvoice. They have also founded this company.
Is Cashinvoice a funded 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 Seed of $1M, raised on Sep 03, 2019.
How many employees does Cashinvoice have?
As of Mar 21, 2025, the latest employee count at Cashinvoice is 87.
What is the annual revenue of Cashinvoice?
Annual revenue of Cashinvoice is $1.23M as on Mar 31, 2024.
What does Cashinvoice do?
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.
Who are the top competitors of Cashinvoice?
Cashinvoice's top competitors include Funding Societies, Yubi and Indifi.
What products or services does Cashinvoice offer?
Cashinvoice offers PayEarly, TradEasy, Enterprise SaaS, and Dynamic Discounting.
Who are Cashinvoice's investors?
Cashinvoice has 7 investors. Key investors include HDFC Bank, Accion, Pravega Ventures, Cosme Matias Menezes, and Touchstone Ventures.
What is Cashinvoice's valuation?
The valuation of Cashinvoice is $23.28M as of Mar 2023.