
About Ecobillz
Ecobillz is a Technology company based in Belgaum (India) founded in 2016 by Ameet Patil and Nitesh Singh Rathore. Digital receipt management solutions for retail store and restaurants. 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. Ecobillz was last valued at $835.58 thousand in July 2019. Its chief executive, as recorded, is Ameet Patil. Its website ecobillz.com draws about 13 thousand monthly visits. Its Indian entity Ecobillz Private Limited reported revenue of ₹4.79 Cr. Ecobillz offers products and services including Digitization Platform, Automated Income Audits, and Document Management System. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report.
Company details
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.
- Headquarters Belgaum, India
- Employees 21
- Founders Ameet Patil, Nitesh Singh Rathore
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website ecobillz.com
- Social LinkedIn X Facebook YouTube
- Legal Name Ecobillz Private Limited
- Date of Incorporation 30 Sep, 2016
- Jurisdiction Belgaum, Karnataka, India
- Annual Revenue₹4.79 Cr
FY 2025 · -12% YoY
- Net Loss-₹39.4 Lakh
FY 2025 · -8% margin
- EBITDA-₹25.5 Lakh
FY 2025 · -5% margin
- Total Equity Funding$225.17K (USD)
in 3 rounds
- Latest Funding Round$174.04K (USD), Seed
Jul 2019
- Investors92 Angels
& 13 more
- Employee Count21
Associated legal entities of Ecobillz
Ecobillz operates through Ecobillz 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 |
|---|---|---|---|---|---|---|---|
| Ecobillz Private Limited CIN U72900KA2016PTC096885 | Active | 30 Sep 2016 | Belgaum, Karnataka | ₹4.8 Cr | 21 | 3 | View details |
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.
Apps and channels of Ecobillz
its YouTube channel Ecobillz has 34 subscribers and 19 videos.
Videos from Ecobillz
The most watched videos on Ecobillz's YouTube channel, Ecobillz (34 subscribers). Click a video to play it here.
More on Ecobillz.
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.
- Total Funding $225,167
- Total Rounds 3
- Last Round Seed — $174,035
- First Round $23,770
(Jun 2017)
- Investors Count 14
All 3 funding rounds of Ecobillz with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $174,035 | Seed | $835,578 | Ghosal Ventures | |
| Oct 2018 | $27,362 | Angel Round | $314,411 | Sunaina Chauhan | – |
| Jun 2017 | $23,770 | Angel Round | $••••• | Shyam Chinchani |
Last known valuation $835,578 (Jul 2019). 14 investors in total: 2 institutional and 12 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network focused on pre-seed & seed-stage startups | 92angels.com | New York, United States | ||
Single-family office focused on venture capital investments | ghosalventures.com | Satellite Beach, United States | ||
RA Rachna Aggarwal | Angel investor, ex-CEO of IndusInd Bank, focused on fintech and consumer tech | unknown_5fc8bba20fc944048 | ||
JL Jaideep Lakshminarayanan | Angel investor, ex-CFO of Vedantu, focused on edtech and tech startups | unknown_f14b65ff7e414c6ba | ||
SS Sanjay Sharma | Angel investor, founder of multiple startups, focused on tech and innovation. | unknown_ee773ad4664f48399 | ||
SP Shailesh Paul | unknown_b5459c70649e43119 | |||
PI Paritosh Ingole | unknown_8d5d2eb542644b11a | |||
PS Prasanna Someshwar | unknown_622b16c6b83d4787a | |||
MN Mungikar Nikhil Anil | unknown_53f16e7317fa4a28b | |||
JM Jaideep Mehta | Angel investor, ex-CEO of Mosaic Media Ventures, focused on media and tech | unknown_75d1e9e860fb41959 |
Investor details for Ecobillz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Ecobillz Private Limited (Ecobillz)
Ecobillz Private Limited is the primary company behind Ecobillz. The board of Ecobillz Private Limited currently have 3 directors; the longest-serving is Ameet Prabhakar Patil, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ameet Prabhakar Patil DIN 02395107 | Director | 30 Sep 2016 | 10 yrs 1 mo | Ecobillz Private Limited |
| Nitesh Kumar DIN 07201059 | Director | 30 Sep 2016 | 10 yrs 1 mo | Ecobillz Private Limited |
| Anjan Kumar Ghosal DIN 03611569 | Director | 12 Feb 2020 | 6 yrs 8 mo | Ecobillz Private Limited |
People of Ecobillz
2 people are tracked at Ecobillz (2 in leadership); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Nitesh Singh Rathore | Co-Founder & CMO | Leadership |
Complete people profiles for Ecobillz
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ecobillz
Figures of Ecobillz Private Limited, the primary company behind Ecobillz, for FY 2025. Revenue was ₹4.79 Cr (-12% year on year). Net loss was -₹39.4 Lakh (-8% margin). EBITDA was -₹25.5 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +12% over three years and +45% over five years.
- ₹4.79 CrRevenue · FY 2025 · -12% YoY
- -₹39.4 LakhNet loss · -8% margin
- -₹25.5 LakhEBITDA · -5% margin
- ₹1.4 LakhPaid-up capital
- 21Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ecobillz Private Limited are on its company page.
Detailed financial statements for Ecobillz
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ecobillz
3 dated milestones of Ecobillz across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Ecobillz is founded.
- Funding First funding round of $24K.
- Funding Latest funding round, Seed, of $174K.
Web traffic of Ecobillz
The website of Ecobillz (ecobillz.com) receives about 12.5K visits a month.
- Monthly visits12.5K
▼ 68.2% vs previous month
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Related news about 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 CEO of Ecobillz, as recorded in our data. They have also founded this company.
Ecobillz is a funded company, having raised a total of $225.17K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $23.77K, raised on Jun 2017.
Ecobillz has 21 employees.
The primary company behind Ecobillz, Ecobillz Private Limited, reported revenue of ₹4.79 Cr for FY 2025, down 12% year on year.
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.
Ecobillz operates through Ecobillz Private Limited.
The legal entities of Ecobillz currently have 3 directors, including Ameet Prabhakar Patil, Nitesh Kumar, Anjan Kumar Ghosal.
