About Coextrix Technologies
Coextrix Technologies is a Technology company based in Bengaluru (India) founded in 2009 by Ganesh Guruswamy. It operates as a web-based solutions for the retail industry. The company has 27 employees. Its Indian entity Coextrix Technologies Private Limited reported revenue of ₹9.94 Cr. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Quote to Cash. Its competitors include Billtrust, SumUp, Paymentus, Vyapar and PayStand and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Coextrix Technologies was founded in 2009 in Bengaluru, India, where SaaS-based and on-premise solutions are developed for the retail, logistics, and trading industries. Key products include IntelliInvoice for invoicing with workflow and tax features, AtomPOS tailored for food and beverage outlets, and SEAL as an SCM tool with compliance management. Clients such as Drilling Info Texas and Mansfield Oil Company are served through these operations.
- Headquarters Bengaluru, India
- Employees 27
- Founders Ganesh Guruswamy
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website coextrix.com
- Social LinkedIn Facebook
- Legal Name Coextrix Technologies Private Limited
- Date of Incorporation 03 Jun, 2009
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹9.94 Cr
FY 2025 · -6% YoY
- Net Loss-₹3.92 Cr
FY 2025 · -39% margin
- EBITDA-₹3.89 Cr
FY 2025 · -39% margin
- Employee Count27
Associated legal entities of Coextrix Technologies
Coextrix Technologies operates through Coextrix Technologies 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 |
|---|---|---|---|---|---|---|---|
| Coextrix Technologies Private Limited CIN U72200KA2009PTC050027 | Active | 03 Jun 2009 | Bengaluru, Karnataka | ₹9.9 Cr | 27 | 2 | View details |
Board of directors of Coextrix Technologies Private Limited (Coextrix Technologies)
Coextrix Technologies Private Limited is the primary company behind Coextrix Technologies. The board of Coextrix Technologies Private Limited currently have 2 directors; the longest-serving is Bommakanti Sundaran Chandrashekar, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bommakanti Sundaran Chandrashekar DIN 08082191 | Director | 09 Mar 2018 | 8 yrs 7 mo | Coextrix Technologies Private Limited |
| Nirpaje Vignaraj Bhat DIN 02241605 | Additional Director | 22 Jul 2025 | 1 yr 2 mo | Coextrix Technologies Private Limited |
People of Coextrix Technologies
1 people are tracked at Coextrix Technologies (1 in leadership); the tracked headcount is 27.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership |
Complete people profiles for Coextrix Technologies
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Financials of Coextrix Technologies
Figures of Coextrix Technologies Private Limited, the primary company behind Coextrix Technologies, for FY 2025. Revenue was ₹9.94 Cr (-6% year on year). Net loss was -₹3.92 Cr (-39% margin). EBITDA was -₹3.89 Cr (-39% margin). Revenue has grown at a compounded annual rate of -12% over three years and -24% over five years.
- ₹9.94 CrRevenue · FY 2025 · -6% YoY
- -₹3.92 CrNet loss · -39% margin
- -₹3.89 CrEBITDA · -39% margin
- ₹7.5 LakhPaid-up capital
- 27Employees (provident fund records)
- -12%Revenue CAGR, 3 years
- -24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Coextrix Technologies Private Limited are on its company page.
Detailed financial statements for Coextrix Technologies
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Competitors of Coextrix Technologies
Coextrix Technologies has 10 listed competitors in our database, 8 of them funded. They include Billtrust, SumUp, Paymentus, Vyapar and PayStand, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| billtrust.com | 2001 | Hamilton Township, United States | $105M | – | Invoice and payment management solutions are offered for small businesses. | |
| sumup.com | 2012 | London, United Kingdom | $996.66M | – | Provider of mPOS solution and card reader for offline retailers | |
| paymentus.com | 2004 | Atlanta, United States | $23.6M | 1,273 | Comprehensive billing and payment solution provider | |
| vyaparapp.in | 2016 | Bengaluru, India | $35.89M | 1,155 | Cloud-based invoicing and inventory tools for small businesses are provided. | |
| paystand.com | 2013 | San Francisco, United States | $77M | 46 | Payment processing for bitcoin, e-checks, and credit cards is facilitated. | |
| invoice.2go.com | 2002 | Palo Alto, United States | $60M | 28 | An app-based invoicing solution is provided for small businesses. | |
| paylease.com | 2003 | San Diego, United States | – | 328 | Payment solutions are offered to the property management sector. | |
| invoicecloud.net | 2009 | Braintree, United States | – | 764 | Cloud-based invoicing and payment solutions are offered to businesses. | |
| paysimple.com | 2006 | Denver, United States | $137.29M | 3,016 | Online payment and invoicing solutions are offered to small businesses. | |
| vcita.com | 2010 | Bellevue, United States | $15M | – | Business management software is provided for small businesses. |
Detailed competitors of Coextrix Technologies
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Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Coextrix Technologies (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 Coextrix Technologies
Coextrix Technologies was founded in 2009.
Coextrix Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Coextrix Technologies has 27 employees.
The primary company behind Coextrix Technologies, Coextrix Technologies Private Limited, reported revenue of ₹9.94 Cr for FY 2025, down 6% year on year.
Coextrix Technologies was founded in 2009 in Bengaluru, India, where SaaS-based and on-premise solutions are developed for the retail, logistics, and trading industries. Key products include IntelliInvoice for invoicing with workflow and tax features, AtomPOS tailored for food and beverage outlets, and SEAL as an SCM tool with compliance management. Clients such as Drilling Info Texas and Mansfield Oil Company are served through these operations.
Coextrix Technologies operates through Coextrix Technologies Private Limited.
The legal entities of Coextrix Technologies currently have 2 directors, including Bommakanti Sundaran Chandrashekar, Nirpaje Vignaraj Bhat.