About ERPNext
ERPNext is a company based in Mumbai (India) founded in 2008 by Rushabh Mehta.. ERPNext has raised $1.35 million across 1 funding round from investors including Rainmatter. ERPNext offers products and services including ERPNext and Frappe Cloud. ERPNext operates in a competitive market with competitors including Odoo, Frappé Technologies, Compiere, Metacortex and DoliCloud, among others.
- Headquarter Mumbai, India
- Founders Rushabh Mehta
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Frappe Technologies Private Limited
- Date of Incorporation 22 Jul, 2008
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.31 M (USD)44.63as on Mar 31, 2023
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Net Profit
$82.5 K (USD)-40.08as on Mar 31, 2023
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EBITDA
$157.13 K (USD)-12.49as on Mar 31, 2023
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Total Equity Funding
$1.35 M (USD)
in 1 rounds
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Latest Funding Round
$1.35 M (USD), Seed
Nov 23, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of ERPNext
ERPNext offers a comprehensive portfolio of products and services, including ERPNext and Frappe Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Open-source platform for integrated business management
Service for hosting and managing ERP applications securely
Funding Insights of ERPNext
ERPNext has successfully raised a total of $1.35M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.35 million completed in November 2020. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.3M
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First Round
First Round
(23 Nov 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Seed - ERPNext | Valuation | Rainmatter |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ERPNext
ERPNext has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rainmatter. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Indian fund focused on fintech, health, and climate initiatives.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ERPNext
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ERPNext
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Erpnext Comparisons
Competitors of ERPNext
ERPNext operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Odoo, Frappé Technologies, Compiere, Metacortex and DoliCloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Open-source business management software is developed with integrated modules.
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| domain | founded_year | HQ Location |
Open-source web frameworks and ERP solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based open source ERP and CRM solutions are delivered.
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| domain | founded_year | HQ Location |
Open source ERP sofware for small and medium sized businesses
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| domain | founded_year | HQ Location |
A cloud-based open-source ERP and CRM platform for small and medium-sized businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ERPNext
When was ERPNext founded?
ERPNext was founded in 2008 and raised its 1st funding round 12 years after it was founded.
Where is ERPNext located?
ERPNext is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is ERPNext a funded company?
ERPNext is a funded company, having raised a total of $1.35M across 1 funding round to date. The company's 1st funding round was a Seed of $1.35M, raised on Nov 23, 2020.
What is the annual revenue of ERPNext?
Annual revenue of ERPNext is $2.31M as on Mar 31, 2023.
What does ERPNext do?
ERPNext was founded in 2008 in Mumbai, India, as a provider of open-source ERP software in the enterprise resource planning sector. A suite of modules is offered, including those for accounting, procurement, sales, CRM, stock, manufacturing, projects, point of sale, HR, and payroll. Customization is enabled through a low-codeno-code builder, with scalable hosting provided without per-user fees. Integrations with third-party applications are supported across various industries.
Who are the top competitors of ERPNext?
ERPNext's top competitors include Odoo, Frappé Technologies and Metacortex.
What products or services does ERPNext offer?
ERPNext offers ERPNext and Frappe Cloud.
Who are ERPNext's investors?
ERPNext has 1 investor. Key investors include Rainmatter.