About Eff Factor
Eff Factor is a Technology company based in Mumbai (India) founded in 2017. Software for managing workflows, time tracking, and reporting for professional firms. It operates on a SaaS and B2B model. Its Indian entity Piiritu Innovations Private Limited reported revenue of ₹33.5 Lakh. Eff Factor offers products and services including Practice Management Software, Time Tracking System, and Reporting System. Its focus areas include Professional Services Tech, Workflow Management, Legal and Consulting Tools and Remote Collaboration.
Company details
EFF Factor is a practice management software designed for Chartered Accountants, Auditors, Lawyers, and Consultants to streamline operations. It provides features like time tracking, automated billing, dashboard-driven reporting, and project management, enabling productivity in remote work settings. Based in Mumbai, India, it helps firms measure profitability and optimize workflows, serving clients in professional services.
- Headquarters Mumbai, India
- SectorsTechnology
- Email••••••••
- Website efffactor.com
- Social LinkedIn X Facebook
- Legal Name Piiritu Innovations Private Limited
- Date of Incorporation 21 Jul, 2017
- Jurisdiction Mahim, Mumbai, Maharashtra, India
- Annual Revenue₹33.5 Lakh
FY 2025 · +287% YoY
- Net Loss-₹8.9 Lakh
FY 2025 · -27% margin
- EBITDA-₹5.9 Lakh
FY 2025 · -18% margin
Associated legal entities of Eff Factor
Eff Factor operates through Piiritu Innovations 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 |
|---|---|---|---|---|---|---|---|
| Piiritu Innovations Private Limited CIN U72900MH2017PTC297672 | Active | 21 Jul 2017 | Mumbai, Maharashtra | ₹0.3 Cr | 2 | View details |
Products & Services of Eff Factor
Eff Factor offers a comprehensive portfolio of products and services, including Practice Management Software, Time Tracking System, and Reporting System.
Platform for time tracking and workflow automation for professionals
Tool to monitor employee time and enhance productivity metrics
System for generating reports on team performance and profitability
Board of directors of Piiritu Innovations Private Limited (Eff Factor)
Piiritu Innovations Private Limited is the primary company behind Eff Factor. The board of Piiritu Innovations Private Limited currently have 2 directors; the longest-serving is Akshay Makarand Herwadkar, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshay Makarand Herwadkar DIN 06607130 | Director | 21 Jul 2017 | 9 yrs 3 mo | Piiritu Innovations Private Limited |
| Sadhana Makarand Herwadkar DIN 00815684 | Director | 16 Jul 2019 | 7 yrs 3 mo | Piiritu Innovations Private Limited |
Financials of Eff Factor
Figures of Piiritu Innovations Private Limited, the primary company behind Eff Factor, for FY 2025. Revenue was ₹33.5 Lakh (+287% year on year). Net loss was -₹8.9 Lakh (-27% margin). EBITDA was -₹5.9 Lakh (-18% margin). Revenue has grown at a compounded annual rate of +53% over three years and +40% over five years.
- ₹33.5 LakhRevenue · FY 2025 · +287% YoY
- -₹8.9 LakhNet loss · -27% margin
- -₹5.9 LakhEBITDA · -18% margin
- ₹5 LakhPaid-up capital
- +53%Revenue CAGR, 3 years
- +40%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Piiritu Innovations Private Limited are on its company page.
Detailed financial statements for Eff Factor
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.
Web traffic of Eff Factor
The website of Eff Factor (efffactor.com) receives about 6.1K visits a month.
- Monthly visits6.1K
▼ 51% vs previous month
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Frequently Asked Questions about Eff Factor
Eff Factor was founded in 2017.
Eff Factor is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Eff Factor, Piiritu Innovations Private Limited, reported revenue of ₹33.5 Lakh for FY 2025, up 287% year on year.
EFF Factor is a practice management software designed for Chartered Accountants, Auditors, Lawyers, and Consultants to streamline operations. It provides features like time tracking, automated billing, dashboard-driven reporting, and project management, enabling productivity in remote work settings. Based in Mumbai, India, it helps firms measure profitability and optimize workflows, serving clients in professional services.
Eff Factor offers Practice Management Software, Time Tracking System, and Reporting System.
Eff Factor operates through Piiritu Innovations Private Limited.
The legal entities of Eff Factor currently have 2 directors, including Akshay Makarand Herwadkar, Sadhana Makarand Herwadkar.