Ecobillz

Belgaum, India Founded: 2016 • Age: 10 yrs
Digital receipt management solutions for retail store and restaurants

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
  • Sectors
    Technology
  • 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
Key Metrics
  • 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

  • Investors
    92 Angels

    & 13 more

  • Employee Count
    21

Products & Services of Ecobillz

Ecobillz offers a comprehensive portfolio of products and services, including Digitization Platform, Automated Income Audits, and Document Management System.

Digitization Platform
Automation Software

Automates business processes and finances without integration.

Automated Income Audits
Financial Tools

Performs rule-based audits and reconciliations for transactions.

Document Management System
Data Centralization

Centralizes and categorizes documents from various sources.

Apps and channels of Ecobillz

its YouTube channel Ecobillz has 34 subscribers and 19 videos.

Ecobillz
YouTube 34 subscribers 19 videos Howto & Style
Open channel

Videos from Ecobillz

The most watched videos on Ecobillz's YouTube channel, Ecobillz (34 subscribers). Click a video to play it here.

Ecobillz Introduction
916 views
Ecobillz Front Office Digitisation module.
471 views
Ecobillz Digitization Platform for Hospitality
430 views
How to add new product?
228 views

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2019$174,035Seed$835,578Ghosal Ventures
Oct 2018$27,362Angel Round$314,411Sunaina Chauhan
–
Jun 2017$23,770Angel Round$•••••Shyam Chinchani
Valuation history

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Angel network focused on pre-seed & seed-stage startups
92angels.comNew York, United States
Single-family office focused on venture capital investments
ghosalventures.comSatellite Beach, United States

Rachna Aggarwal

Angel investor, ex-CEO of IndusInd Bank, focused on fintech and consumer tech
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Jaideep Lakshminarayanan

Angel investor, ex-CFO of Vedantu, focused on edtech and tech startups
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Sanjay Sharma

Angel investor, founder of multiple startups, focused on tech and innovation.
unknown_ee773ad4664f48399

Shailesh Paul

unknown_b5459c70649e43119

Paritosh Ingole

unknown_8d5d2eb542644b11a

Prasanna Someshwar

unknown_622b16c6b83d4787a

Mungikar Nikhil Anil

unknown_53f16e7317fa4a28b

Jaideep Mehta

Angel investor, ex-CEO of Mosaic Media Ventures, focused on media and tech
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Investor details for Ecobillz

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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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.

DirectorDesignationAppointedTenureEntity
Ameet Prabhakar Patil
DIN 02395107
Director30 Sep 201610 yrs 1 moEcobillz Private Limited
Nitesh Kumar
DIN 07201059
Director30 Sep 201610 yrs 1 moEcobillz Private Limited
Anjan Kumar Ghosal
DIN 03611569
Director12 Feb 20206 yrs 8 moEcobillz Private Limited

People of Ecobillz

2 people are tracked at Ecobillz (2 in leadership); the tracked headcount is 21.

NameRoleGroup
Co-Founder & CEOLeadership
Nitesh Singh Rathore
Co-Founder & CMOLeadership
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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
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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.

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Detailed financial statements for Ecobillz

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • 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.

  1. Founded Ecobillz is founded.
  2. Funding First funding round of $24K.
  3. 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 visits
    12.5K

    ▼ 68.2% vs previous month

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Related news about Ecobillz

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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.

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