About EffiaSoft
EffiaSoft is a Technology company based in Hyderabad (India) founded in 2012 by Krishna Rao Akula, Joydeep Sarkar, and Koushik Shee, and was acquired by Zaggle in March 2025. Cloud-based ERP solutions are provided for small and medium businesses. It operates in the Technology and Retail sectors. EffiaSoft has raised $447.52 thousand across 4 funding rounds from investors including Zaggle, Ian Beveridge and Ian Beveridge. The company has 147 employees. EffiaSoft was last valued at $2.1 million in September 2018. Its chief executive, as recorded, is Koushik Shee. Its Indian entity Effiasoft Private Limited reported revenue of ₹19.22 Cr. EffiaSoft offers products and services including JustBilling, Restaurant Management Software, Distribution Management Software, and In-Flight Management Software. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Offline and In Store Retail Tech.
Company details
EffiaSoft was founded in 2012 in Hyderabad, India, within the software sector. Cloud-based ERP systems are delivered to small and medium-sized organizations. Modules covered include supply chain management, customer relationship management, human resources management, manufacturing resource planning, financial and asset management, as well as an Android point-of-sale solution. Focus is placed on operational efficiency through cloud deployment for these enterprises.
- Headquarters Hyderabad, India
- Employees 147
- Founders Krishna Rao Akula, Joydeep Sarkar, Koushik Shee
- Stage Acquired
- SectorsTechnologyRetail
- Email••••••••
- Website effiasoft.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Zaggle (Mar 2025)
- Legal Name Effiasoft Private Limited
- Date of Incorporation 08 Nov, 2012
- Jurisdiction Hyderabad, Telangana, India
Associated legal entities of EffiaSoft
EffiaSoft operates through Effiasoft Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Effiasoft Private Limited CIN U72300TG2012PTC084064 | Active | 08 Nov 2012 | Hyderabad, Telangana | ₹19.2 Cr | 147 | 2 | View details |
Products & Services of EffiaSoft
EffiaSoft offers a comprehensive portfolio of products and services, including JustBilling, Restaurant Management Software, Distribution Management Software, and In-Flight Management Software.
Cloud-based POS solution for billing, inventory, and customer management.
Platform for restaurant operations, orders, and reporting.
Software for managing distribution, inventory, and logistics.
Tool for in-flight sales, billing, and passenger services.
Apps and channels of EffiaSoft
EffiaSoft publishes 1 mobile app with over 100K+ downloads; its YouTube channel EffiaSoft has 940 subscribers and 6 videos.
Videos from EffiaSoft
The most watched videos on EffiaSoft's YouTube channel, EffiaSoft (940 subscribers). Click a video to play it here.
More on EffiaSoft.
Funding Insights of EffiaSoft
EffiaSoft has successfully raised a total of $447.52K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $197.35 thousand completed in September 2018. 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 $447,516
- Total Rounds 4
- Last Round Angel Round — $197,347
- First Round $53,460
(Jan 2014)
- Investors Count 6
All 4 funding rounds of EffiaSoft 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 |
|---|---|---|---|---|---|
| Sep 2018 | $197,347 | Angel Round | $2.1M | Ian Beveridge, Ian Beveridge | – |
| Oct 2017 | $77,103 | Angel Round | $2.03M | Thodla Narayana Sekhar | |
| Oct 2016 | $119,606 | Angel Round | $••••• | Santhapu Rao Boinapalli | |
| Jan 2014 | $53,460 | Angel Round | $••••• | Thrimoorthlu Pasuparthi | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2018 | $2.1M | •••••••• |
| Oct 2017 | $2.03M | •••••••• |
| Oct 2016 | $••••• | •••••••• |
Full valuation and stage history of EffiaSoft
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $2.1M (Sep 2018). 7 investors in total: 1 institutional and 6 angel.
Investors in EffiaSoft
EffiaSoft has secured backing from 7 investors, including angel and institutional investors. Prominent investors backing the company include Zaggle, Ian Beveridge and Ian Beveridge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | zaggle.in | Hyderabad, India | |
IB Ian Beveridge | Angel investor, ex-Google, focused on Indian startups and technology | unknown_c1d16343812e4702b | ||
IB Ian Beveridge | unknown_525b51a86d554b4aa | |||
TN Thodla Narayana Sekhar | unknown_cdae8db0dc544639b | |||
MV M V S Ananthakrishnan | unknown_9259ef2ea1464d78a | |||
TP Thrimoorthlu Pasuparthi | unknown_d4916d2ec9cf47ce9 | |||
SR Santhapu Rao Boinapalli | unknown_875286ac4f5d491ca |
Investor details for EffiaSoft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Effiasoft Private Limited (EffiaSoft)
Effiasoft Private Limited is the primary company behind EffiaSoft. The board of Effiasoft Private Limited currently have 2 directors; the longest-serving is Koushik Shee, appointed in 2012. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Koushik Shee DIN 02805022 | Whole-time director | 08 Nov 2012 | 14 yrs | Effiasoft Private Limited |
| Krishnarao Vithalrao Akula DIN 02231707 | Director | 24 Mar 2025 | 1 yr 7 mo | Effiasoft Private Limited |
People of EffiaSoft
9 people are tracked at EffiaSoft (3 in leadership, 6 in team); the tracked headcount is 147.
| Name | Role | Group |
|---|---|---|
Krishna Rao Akula | Co-Founder & COO | Leadership |
| Co-Founder | Leadership | |
| Founder & CEO & CTO | Leadership | |
Siva Pradeep Makani | Associate Architect | Team |
Nibir Chakraborty | Solutions Architect | Team |
M.D. Adil | Lead Android Developer | Team |
Venkatesh N | Business Analyst | Team |
Prudhvi Katlaparthi Sai | Android Application Developer | Team |
Pradeep Kumar Nayak | Business Analyst | Team |
Complete people profiles for EffiaSoft
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 EffiaSoft
Figures of Effiasoft Private Limited, the primary company behind EffiaSoft, for FY 2024. Revenue was ₹19.22 Cr (+43% year on year). Net profit was ₹1.71 Cr (9% margin). EBITDA was ₹3.08 Cr (16% margin). Revenue has grown at a compounded annual rate of +50% over three years and +81% over five years.
- ₹19.22 CrRevenue · FY 2024 · +43% YoY
- ₹1.71 CrNet profit · 9% margin
- ₹3.08 CrEBITDA · 16% margin
- ₹36.9 LakhPaid-up capital
- 147Employees (provident fund records)
- +50%Revenue CAGR, 3 years
- +81%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Effiasoft Private Limited are on its company page.
Detailed financial statements for EffiaSoft
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 EffiaSoft
5 dated milestones of EffiaSoft across 13 years, from founding to its latest funding, stage changes and deals.
- Founded EffiaSoft is founded.
- Funding First funding round of $53K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $197K.
- Exit Acquired by Zaggle.
Web traffic of EffiaSoft
The website of EffiaSoft (effiasoft.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 36% vs previous month
Websites whose visitors overlap most with EffiaSoft. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
websmp110.sap-ag.de | websmp110.sap-ag.de | 100% | – | ||
| absyz.com | 98% | 13.2K | #1,646,537 | View details | |
| syspro.com | 84% | 87.8K | #347,370 | View details | |
hitechnepal.com.np | hitechnepal.com.np | 70% | #4,683,196 | – | |
| google.com | 56% | 85.8B | #1 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for EffiaSoft
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- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Effiasoft
Complete news archive for EffiaSoft
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about EffiaSoft
EffiaSoft was founded in 2012 and raised its 1st funding round 2 years after it was founded.
EffiaSoft is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Koushik Shee is the CEO of EffiaSoft, as recorded in our data. They have also founded this company.
EffiaSoft is a funded company, having raised a total of $447.52K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $53.46K, raised on Jan 2014.
EffiaSoft has 147 employees.
The primary company behind EffiaSoft, Effiasoft Private Limited, reported revenue of ₹19.22 Cr for FY 2024, up 43% year on year.
EffiaSoft was founded in 2012 in Hyderabad, India, within the software sector. Cloud-based ERP systems are delivered to small and medium-sized organizations. Modules covered include supply chain management, customer relationship management, human resources management, manufacturing resource planning, financial and asset management, as well as an Android point-of-sale solution. Focus is placed on operational efficiency through cloud deployment for these enterprises.
EffiaSoft offers JustBilling, Restaurant Management Software, Distribution Management Software, and In-Flight Management Software.
EffiaSoft has 7 investors. Key investors include Zaggle, Ian Beveridge, Ian Beveridge, Thodla Narayana Sekhar, and M V S Ananthakrishnan.
The valuation of EffiaSoft is $2.1M as of Sep 2018.
EffiaSoft operates through Effiasoft Private Limited.
Yes. EffiaSoft was acquired by Zaggle in March 2025.