Cointab

Mumbai, India Founded: 2015 • Age: 11 yrs
Automated reconciliation software is provided for financial data integration.
Annual revenue $326,295 Latest available
Total funding $155,248 3 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Cointab

Cointab is a company based in Mumbai (India) founded in 2015 by Gaurav Bansal, Arul Sundarraj, and Vinit Maniar. Cointab has raised $155.25 thousand across 3 funding rounds from investors including Lakshmi Narayanan, Punit Sood and Dynamis Mentors. Cointab offers products and services including Automated Reconciliation Software and Dashboard. Cointab operates in a competitive market with competitors including Simetrik, Duco, Uniqus, Trintech and Curlec, among others.

  • Headquarter Mumbai, India
  • Founders Gaurav Bansal, Arul Sundarraj, Vinit Maniar
  • Stage Minicorn
  • Sectors
    Technology
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Cointab Software Private Limited
  • Date of Incorporation 03 Aug, 2015
  • Jurisdiction Malad West, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $326.3 K (USD)
    167.2
    as on Mar 31, 2023
  • Net Profit
    $35.18 K (USD)
    37.38
    as on Mar 31, 2023
  • EBITDA
    $90.27 K (USD)
    39.75
    as on Mar 31, 2023
  • Total Equity Funding
    $155.25 K (USD)

    in 3 rounds

  • Latest Funding Round
    $43.3 K (USD), Angel Round

    Apr 16, 2019

  • Investors
  • Employee Count
    Not available
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Products & Services of Cointab

Cointab offers a comprehensive portfolio of products and services, including Automated Reconciliation Software and Dashboard.

Product name locked
Category locked
Primary

Automates matching and reconciling of financial transactions

Product name locked
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Offers insights into financial health and transaction data

Funding Insights of Cointab

Cointab has successfully raised a total of $155.25K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $43.3 thousand completed in April 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.

Investors in Cointab

Cointab has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include Lakshmi Narayanan, Punit Sood and Dynamis Mentors.

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Institutional
Angel
Investor Description Founded Year Domain Location
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Lakshmi Narayanan

Angel investor, ex-CEO of Cognizant, focused on tech and innovation
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Punit Sood

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Investor details for Cointab

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  • Investor locations
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Investments & Acquisitions by Cointab

Investments
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Investment portfolio details for Cointab

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Financial Statements - Cointab

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Detailed financials for Cointab

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Cointab Comparisons

Cointab Primary company
Description
Automated reconciliation software is provided for financial ...
Location
Mumbai, India
Founded Year
2015
Annual Revenue
$326.3 K (USD)
Net Profit
$35.18 K (USD)
EBITDA
$90.27 K (USD)
Employees
Not available
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Peer comparison for Cointab

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Competitors of Cointab

Cointab 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 Simetrik, Duco, Uniqus, Trintech and Curlec, among others.

Company Name Domain Founded year HQ Location Description
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Accounts reconciliation solutions
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SAAS reconciliation solutions are delivered for financial services firms.
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Provider of accounting, risk, governance, environmental, social, and technology consulting
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Cloud-based financial reporting and compliance software is delivered for businesses.
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Recurring payments are automated and collected via bank-to-bank direct debits.
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Digital receipt management solutions for retail store and restaurants
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Detailed competitors of Cointab

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Latest news on Cointab

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Complete news archive for Cointab

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Frequently Asked Questions about Cointab

Cointab was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Cointab is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Vinit Maniar is the current CEO of Cointab. They have also founded this company.

Cointab is a funded company, having raised a total of $155.25K across 3 funding rounds to date.

Annual revenue of Cointab is $326.3K as on Mar 31, 2023.

Cointab was founded in 2015 and is headquartered in Mumbai, India. Automated software solutions for reconciliation are offered by the company, focusing on the fintech sector. Data from websites, payment gateways, cash-on-delivery transactions, shipping invoices, marketplaces, ERP systems, and banks is reconciled through these tools. Operations emphasize efficiency in financial data management for businesses.

Cointab's top competitors include Simetrik, Duco and Uniqus.

Cointab offers Automated Reconciliation Software and Dashboard.

Cointab has 8 investors. Key investors include Lakshmi Narayanan, Punit Sood, Dynamis Mentors, Doreswamy Nandkishore, and Sanjay Jain.

The valuation of Cointab is $2.92M as of Apr 2019.

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