About EasyEcom
EasyEcom is a company based in Bengaluru (India) founded in 2014 by VR Deepak, Himanshu Gupta, Swati Jindal, and Punit Gupta.. EasyEcom has raised $2.24 million across 5 funding rounds from investors including Bold Ventures Inc., Tradezeal Online and Amisted Ventures. The company has 59 employees as of April 07, 2024. EasyEcom offers products and services including Inventory Management, Warehouse Management, Order Management, Purchase Management, and Accounting Reconciliation. EasyEcom operates in a competitive market with competitors including Brightpearl, Deposco, Generix Group, TradeGecko and Computer Associates, among others.
- Headquarter Bengaluru, India
- Employees 59 as on 07 Apr, 2024
- Founders VR Deepak, Himanshu Gupta, Swati Jindal, Punit Gupta
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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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 Edgewise Technologies Private Limited
- Date of Incorporation 22 Jan, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$843.73 K (USD)69.68as on Mar 31, 2023
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Net Profit
$-529.92 K (USD)-2978.81as on Mar 31, 2023
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EBITDA
$-567.43 K (USD)-1258.9as on Mar 31, 2023
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Total Equity Funding
$2.24 M (USD)
in 5 rounds
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Latest Funding Round
$1.78 M (USD), Series A
Jan 03, 2022
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Investors
Bold Ventures Inc.
& 13 more
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Employee Count
59
as on Apr 07, 2024
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Products & Services of EasyEcom
EasyEcom offers a comprehensive portfolio of products and services, including Inventory Management, Warehouse Management, Order Management, Purchase Management, and Accounting Reconciliation. 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.
Syncs and forecasts inventory across multiple channels
Optimizes storage and fulfillment in various locations
Handles omni-channel orders for seamless processing
Streamlines vendor workflows and cost tracking
Automates reconciliation to save time and resources
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Funding Insights of EasyEcom
EasyEcom has successfully raised a total of $2.24M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.78 million completed in January 2022. 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 5
- Last Round Series A — $1.8M
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First Round
First Round
(01 Feb 2016)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series A - EasyEcom | Valuation | Tradezeal Online |
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| Aug, 2019 | Amount | Seed - EasyEcom | Valuation | Amisted Ventures |
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| Mar, 2018 | Amount | Seed - EasyEcom | Valuation | Amisted Ventures |
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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 EasyEcom
EasyEcom has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bold Ventures Inc., Tradezeal Online and Amisted 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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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on e-commerce sectors
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Founded Year | Domain | Location | |
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Bold Ventures Inc. is engaged in mineral exploration in Canada.
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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 EasyEcom
| 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 - EasyEcom
| 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 |
Easyecom Comparisons
Competitors of EasyEcom
EasyEcom 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 Brightpearl, Deposco, Generix Group, TradeGecko and Computer Associates, 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 |
SaaS-based omnichannel retail management software is provided for retailers.
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| domain | founded_year | HQ Location |
Provider of SaaS-based warehouse management solutions
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| domain | founded_year | HQ Location |
Supply chain management and collaboration solutions are provided globally.
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| domain | founded_year | HQ Location |
Provider of cloud-based suite solutions for wholesalers
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| domain | founded_year | HQ Location |
Microsoft windows based ERP software vendor
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| domain | founded_year | HQ Location |
Provider of a field service and warehouse management solution
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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 Easyecom
Frequently Asked Questions about EasyEcom
When was EasyEcom founded?
EasyEcom was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is EasyEcom located?
EasyEcom is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of EasyEcom?
Punit Gupta is the current CEO of EasyEcom. They have also founded this company.
Is EasyEcom a funded company?
EasyEcom is a funded company, having raised a total of $2.24M across 5 funding rounds to date. The company's 1st funding round was a Seed of $76.71K, raised on Feb 01, 2016.
How many employees does EasyEcom have?
As of Apr 07, 2024, the latest employee count at EasyEcom is 59.
What is the annual revenue of EasyEcom?
Annual revenue of EasyEcom is $843.73K as on Mar 31, 2023.
What does EasyEcom do?
EasyEcom was founded in 2014 in Bengaluru, India, focusing on the e-commerce sector. Inventory management solutions are delivered across multiple channels for e-tailers. Core offerings include inventory control for automating multi-channel stock, omnichannel commerce for order handling, warehouse management, accounting, reconciliation, operations, and analytics reporting. Forecasting and planning tools are integrated into the inventory platform. Clients such as Killer, CASIO, and Provogue are supported through these services.
Who are the top competitors of EasyEcom?
EasyEcom's top competitors include Computer Associates, Generix Group and Deposco.
What products or services does EasyEcom offer?
EasyEcom offers Inventory Management, Warehouse Management, Order Management, Purchase Management, and Accounting Reconciliation.
Who are EasyEcom's investors?
EasyEcom has 14 investors. Key investors include Bold Ventures Inc., Tradezeal Online, Amisted Ventures, Ambarish Gupta, and Aneesh Reddy Boddu.
What is EasyEcom's valuation?
The valuation of EasyEcom is $6.42M as of Jan 2022.
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