Empfly

Gurugram, India Founded: 2021 • Age: 5 yrs
Expense and attendance management platform for enterprises is provided.

About Empfly

Empfly is a Technology company based in Gurugram (India) founded in 2021 by K Manoj Kumar, Basudha Shrivastav, and Himanshu Narula. It operates as an expense and attendance management platform for enterprises is provided. It operates in the Technology and Travel & Hospitality sectors. The company has 1 employees. Its chief executive is Basudha Shrivastav. Its Indian entity Empfly Services Private Limited reported revenue of β‚Ή24.5 Lakh. Empfly offers products and services including Field Force Monitor App, Attendance Manager App, Managed Travel Services, Managed Expense Solutions, and Touchless Attendance System. Its focus areas include Consumer, Online Travel, Corporate Travel and Expense Management. Its competitors include Ramp, Navan, Brex, Spendesk and Concur and 3 more; 7 of its 8 listed competitors have raised funding.

Company details

Empfly was founded in 2021 and is based in Gurugram, India. An integrated platform for expense and attendance management is offered to enterprises within the HR technology sector. Solutions encompass field force automation, AI-enabled attendance tracking, and managed services for travel and expenses. Additional features include location monitoring, time calculations, face recognition, and shift scheduling to support operational efficiency.

  • Headquarters Gurugram, India
  • Employees 1
  • Founders K Manoj Kumar, Basudha Shrivastav, Himanshu Narula
  • Sectors
    Technology
    Travel & Hospitality
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website empfly.com
  • Social LinkedIn X Facebook
  • Legal Name Empfly Services Private Limited
  • Date of Incorporation 06 Jan, 2021
  • Jurisdiction Gurugram, Haryana, India
Key Metrics
  • Annual Revenue
    ₹24.5 Lakh

    FY 2024 · +279% YoY

  • Net Loss
    -₹2.3 Lakh

    FY 2024 · -10% margin

  • EBITDA
    -₹1.9 Lakh

    FY 2024 · -8% margin

  • Investors
    STPI

    & 1 more

  • Employee Count
    1

Products & Services of Empfly

Empfly offers a comprehensive portfolio of products and services, including Field Force Monitor App, Attendance Manager App, Managed Travel Services, Managed Expense Solutions, and Touchless Attendance System.

Field Force Monitor App
Monitoring App

App for managing field staff and sales recording efficiently.

Attendance Manager App
Attendance System

Tool for tracking employee attendance globally and reliably.

Managed Travel Services
Travel Management

Platform for handling employee travel bookings and approvals.

Managed Expense Solutions
Expense System

AI-based tool for expense reporting and reimbursement processing.

Touchless Attendance System
Access Control

Facial recognition system for secure, touchless attendance tracking.

Funding Insights of Empfly

  • Total Rounds 2
  • Investors Count 2

All 2 funding rounds of Empfly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2025–Seed––
Apr 2022–Seed–Vel Tech TBI
–
Valuation history

2 investors in total: 2 institutional.

Investors in Empfly

Empfly has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include STPI and Vel Tech TBI.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Provider of incubation services to emerging technologies
1991stpi.inDelhi, India
Technology business incubation and innovation support in Chennai, India.
2017veltechtbi.comChennai, India
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Investor details for Empfly

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Board of directors of Empfly Services Private Limited (Empfly)

Empfly Services Private Limited is the primary company behind Empfly. The board of Empfly Services Private Limited currently have 2 directors; the longest-serving is Himanshu Narula, appointed in 2021.

DirectorDesignationAppointedTenureEntity
Himanshu Narula
DIN 07898122
Director06 Jan 20215 yrs 9 moEmpfly Services Private Limited
Basudha
DIN 07404596
Director06 Jan 20215 yrs 9 moEmpfly Services Private Limited

People of Empfly

3 people are tracked at Empfly (3 in leadership); the tracked headcount is 1.

NameRoleGroup
K Manoj Kumar
Co-Founder & CTOLeadership
Basudha Shrivastav
Co-Founder & CEOLeadership
Co-Founder & CIOLeadership
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Financials of Empfly

Figures of Empfly Services Private Limited, the primary company behind Empfly, for FY 2024. Revenue was ₹24.5 Lakh (+279% year on year). Net loss was -₹2.3 Lakh (-10% margin). EBITDA was -₹1.9 Lakh (-8% margin).

  • ₹24.5 LakhRevenue · FY 2024 · +279% YoY
  • -₹2.3 LakhNet loss · -10% margin
  • -₹1.9 LakhEBITDA · -8% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Empfly Services Private Limited are on its company page.

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Detailed financial statements for Empfly

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Timeline of Empfly

3 dated milestones of Empfly across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Empfly is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed,.

Competitors of Empfly

Empfly has 8 listed competitors in our database, 7 of them funded. They include Ramp, Navan, Brex, Spendesk and Concur, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ramp.com2019New York, United States$5.07B–
Spend management and accounts payable solutions are delivered to businesses.
navan.com2015Palo Alto, United States$1.58B847
Corporate travel and expense management are facilitated through SaaS platform.
brex.com2017Draper, United States$1.2B–
SaaS-driven credit card and spend management solutions platform for businesses
spendesk.com2016Paris, France$303.82M–
Provider of prepaid cards for financial benefits of employees
concur.com1988Bellevue, United States––
Corporate travel expenses and invoices are managed via SaaS platform.
emburse.com2002San Francisco, United States$7.25M9
Corporate cards and expense management are offered to businesses.
spenmo.com2019Singapore$121.35M–
Cloud-based corporate cards and expense management solutions are offered.
marqeta.com2010Oakland, United States$528.11M854
Card-issuing and payment processing solutions are offered to businesses.
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Detailed competitors of Empfly

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Top companies in Finance & Accounting Applications

10 companies that operate in the same segment as Empfly (Finance & Accounting Applications), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B–6,209
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.2 B–5,356
Subscription-based online banking is offered to SMEs and freelancers.
2017Paris, Ile de France, FranceUSD 717.15 MUSD 171.7 M2,457
Cloud-based ERP software is provided for business management across segments.
1996Oslo, Oslo, NorwayUSD 198.09 M––
Payflow is recognized as a financial wellness application for employees.
2020Alcobendas, Comunidad De Madrid, SpainUSD 58.23 M––
Cloud-based HR and payroll solutions are offered for small businesses.
2012San Francisco, California, United StatesUSD 718.35 M–8,159
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Related news about Empfly

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Frequently Asked Questions about Empfly

Empfly was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Empfly is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Basudha Shrivastav is the current CEO of Empfly. They have also founded this company.

Empfly has 1 employees.

The primary company behind Empfly, Empfly Services Private Limited, reported revenue of β‚Ή24.5 Lakh for FY 2024, up 279% year on year.

Empfly was founded in 2021 and is based in Gurugram, India. An integrated platform for expense and attendance management is offered to enterprises within the HR technology sector. Solutions encompass field force automation, AI-enabled attendance tracking, and managed services for travel and expenses. Additional features include location monitoring, time calculations, face recognition, and shift scheduling to support operational efficiency.

Empfly's top competitors include Navan, Ramp and Brex.

Empfly offers Field Force Monitor App, Attendance Manager App, Managed Travel Services, Managed Expense Solutions, and Touchless Attendance System.

Empfly has 2 investors. Key investors include STPI, and Vel Tech TBI.

Empfly operates through Empfly Services Private Limited.

The legal entities of Empfly currently have 2 directors, including Himanshu Narula, Basudha.

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