About Cost it right
Cost it right is a company based in Indore (India) founded in 2017 by Sunil Rawat. It operates as a B2B, and SaaS. The company has 259 employees as of March 31, 2023. Cost it right offers products and services including Cost It Right Software, Approval Workflows, Costing Management, and Vendor RFQ Portal.
- Headquarter Indore, India
- Employees 259 as on 31 Mar, 2023
- Founders Sunil Rawat
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Sectors
TechnologyIndustrial Goods & Manufacturing
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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 Systematix Infotech Private Limited
- Date of Incorporation 27 Sep, 2005
- Jurisdiction Indore, Madhya Pradesh, India
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Annual Revenue
$3.95 M (USD)29.33as on Mar 31, 2023
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Net Profit
$593.77 K (USD)63.4as on Mar 31, 2023
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EBITDA
$732.81 K (USD)28.28as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
259
as on Mar 31, 2023
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Products & Services of Cost it right
Cost it right offers a comprehensive portfolio of products and services, including Cost It Right Software, Approval Workflows, Costing Management, and Vendor RFQ Portal. 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.
Automates cost estimation and control for manufacturing processes
Streamlines approvals for efficient decision-making in operations
Analyzes costs for accurate forecasting and variance tracking
Manages RFQs with centralized communication and data tracking
Funding Insights of Cost it right
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Cost it right
| 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 - Cost it right
| 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 |
Cost It Right Comparisons
Competitors of Cost it right
| 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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Frequently Asked Questions about Cost it right
When was Cost it right founded?
Cost it right was founded in 2017.
Where is Cost it right located?
Cost it right is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
How many employees does Cost it right have?
As of Mar 31, 2023, the latest employee count at Cost it right is 259.
What is the annual revenue of Cost it right?
Annual revenue of Cost it right is $3.95M as on Mar 31, 2023.
What does Cost it right do?
Cost It Right is a software platform that offers tools for cost optimization in manufacturing, including workflows, costing management, and ERP integration. It automates processes like vendor RFQs and approvals, helping manufacturers centralize data and achieve efficiency. Based in Indore, India, it serves global clients by providing real-time insights and significant cost savings through standardized operations.
What products or services does Cost it right offer?
Cost it right offers Cost It Right Software, Approval Workflows, Costing Management, and Vendor RFQ Portal.