About Ecobillz
Ecobillz is a company based in Belgaum (India) founded in 2016 by Ameet Patil and Nitesh Singh Rathore. Ecobillz has raised $225.17 thousand across 3 funding rounds from investors including 92 Angels, Ghosal Ventures and Rachna Aggarwal. The company has 21 employees as of March 30, 2024. Ecobillz offers products and services including Digitization Platform, Automated Income Audits, and Document Management System. Ecobillz operates in a competitive market with competitors including Simetrik, Duco, Uniqus, Trintech and Curlec, among others.
- Headquarter Belgaum, India
- Employees 21 as on 30 Mar, 2024
- Founders Ameet Patil, Nitesh Singh Rathore
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Sectors
Technology
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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 Ecobillz Private Limited
- Date of Incorporation 30 Sep, 2016
- Jurisdiction Belagavi, Karnataka, India
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Annual Revenue
$622.41 K (USD)51.92as on Mar 31, 2023
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Net Profit
$189.79 K (USD)49.46as on Mar 31, 2023
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EBITDA
$324.29 K (USD)41.02as on Mar 31, 2023
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Total Equity Funding
$225.17 K (USD)
in 3 rounds
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Latest Funding Round
$174.04 K (USD), Seed
Jul 23, 2019
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Investors
92 Angels
& 13 more
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Employee Count
21
as on Mar 30, 2024
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Products & Services of Ecobillz
Ecobillz offers a comprehensive portfolio of products and services, including Digitization Platform, Automated Income Audits, and Document Management System.
Automates business processes and finances without integration.
Performs rule-based audits and reconciliations for transactions.
Centralizes and categorizes documents from various sources.
Funding Insights of Ecobillz
Ecobillz has successfully raised a total of $225.17K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $174.04 thousand completed in July 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 Ecobillz
Ecobillz has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include 92 Angels, Ghosal Ventures and Rachna Aggarwal.
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Angel network focused on pre-seed & seed-stage startups
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Single-family office focused on venture capital investments
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Rachna Aggarwal |
Angel investor, ex-CEO of IndusInd Bank, focused on fintech and consumer tech
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Investor details for Ecobillz
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Investments & Acquisitions by Ecobillz
Investment portfolio details for Ecobillz
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- Transaction dates
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Financial Statements - Ecobillz
Detailed financials for Ecobillz
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Ecobillz Comparisons
Peer comparison for Ecobillz
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Competitors of Ecobillz
Ecobillz 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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Detailed competitors of Ecobillz
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Latest news on Ecobillz
Complete news archive for Ecobillz
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Frequently Asked Questions about Ecobillz
Ecobillz was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Ecobillz is headquartered in Belgaum, India. It is registered at Belgaum, Karnataka, India.
Ameet Patil is the current CEO of Ecobillz. They have also founded this company.
Ecobillz is a funded company, having raised a total of $225.17K across 3 funding rounds to date.
As of Mar 30, 2024, the latest employee count at Ecobillz is 21.
Annual revenue of Ecobillz is $622.41K as on Mar 31, 2023.
Ecobillz was founded in 2016 in Belgaum, India, within the retail technology sector. Digital receipt management is facilitated through integration with existing POS systems for stores, supermarkets, hotels, and restaurants. Features such as expense tracking, promotions, automated income audits, reconciliations, and coupon management are included to support operations. Solutions are tailored to enhance receipt handling and financial oversight in these establishments.
Ecobillz offers Digitization Platform, Automated Income Audits, and Document Management System.
Ecobillz has 14 investors. Key investors include 92 Angels, Ghosal Ventures, Rachna Aggarwal, Jaideep Lakshminarayanan, and Sanjay Sharma.
The valuation of Ecobillz is $835.58K as of Jul 2019.