About Ginesys
Ginesys is a company based in Gurugram (India) founded in 2006 by Prashant Lohia. Ginesys has raised $10 million across 1 funding round from investors including Marathon Edge. The company has 95 employees as of April 09, 2024. Ginesys has completed 1 acquisition, including Zwing. Ginesys offers products and services including Ginesys ERP, Zwing POS, Order Management System, and EaseMyGST. Ginesys operates in a competitive market with competitors including RELEX, Wasoko, Cart.com, Bizom and AnyMind Group, among others.
- Headquarter Gurugram, India
- Employees 95 as on 09 Apr, 2024
- Founders Prashant Lohia
- Stage Minicorn
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Sectors
RetailTechnology
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Phone
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Website
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Social
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- Legal Name Ginni Systems Limited
- Date of Incorporation 14 Jan, 1993
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$4.81 M (USD)34.26as on Mar 31, 2023
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Net Profit
$507.68 K (USD)0.71as on Mar 31, 2023
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EBITDA
$926.41 K (USD)-17.9as on Mar 31, 2023
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Jun 11, 2019
- Investors
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Employee Count
95
as on Apr 09, 2024
- Investments & Acquisitions
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Products & Services of Ginesys
Ginesys offers a comprehensive portfolio of products and services, including Ginesys ERP, Zwing POS, Order Management System, and EaseMyGST.
Manages inventory, procurement, and accounting for retail businesses.
Handles mobile and web-based sales tracking and transactions.
Integrates with marketplaces for streamlined order processing.
Automates GST filings and tax reconciliation for retailers.
People of Ginesys
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Funding Insights of Ginesys
Ginesys has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in June 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.
Investors in Ginesys
Ginesys has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Marathon Edge.
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Private equity investments in Consumer, Technology, and Business Services sectors focused on mid-market companies in India.
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Investor details for Ginesys
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Investments & Acquisitions by Ginesys
Ginesys has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zwing.
Investment portfolio details for Ginesys
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Self-checkout is facilitated for offline retail via mobile QR scanning.
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Complete acquisition details for Ginesys
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Financial Statements - Ginesys
Detailed financials for Ginesys
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Ginesys Comparisons
Peer comparison for Ginesys
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Competitors of Ginesys
Ginesys 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 RELEX, Wasoko, Cart.com, Bizom and AnyMind Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Unified platform for retail and supply chain planning is offered.
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Online B2B marketplace offering groceries for enterprises
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Software suite solutions are provided for e-commerce businesses.
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Retail intelligence platform is developed for brands and B2B retailers.
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Platforms for e-commerce, marketing, and manufacturing are provided.
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SaaS-based software suites for e-commerce operations are provided.
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Detailed competitors of Ginesys
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Latest news on Ginesys
Complete news archive for Ginesys
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Frequently Asked Questions about Ginesys
Ginesys was founded in 2006 and raised its 1st funding round 13 years after it was founded.
Ginesys is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Prashant Lohia is the current CEO of Ginesys. They have also founded this company.
Ginesys is a funded company, having raised a total of $10M across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Ginesys is 95.
Annual revenue of Ginesys is $4.81M as on Mar 31, 2023.
Ginesys was established in 2006 in Gurugram, India, as a platform delivering cloud-based ERP systems tailored to the retail sector. Solutions encompass inventory management, procurement, sales and distribution, warehouse operations, production oversight, finance, accounting, and e-commerce integration. These tools support various retail segments through centralized management of production, point-of-sale, and distribution processes.
Ginesys's top competitors include Bizom, RELEX and CommerceIQ.
Ginesys offers Ginesys ERP, Zwing POS, Order Management System, and EaseMyGST.
Ginesys has made 1 acquisition, including Zwing.
Ginesys has 1 investor. Key investors include Marathon Edge.
The valuation of Ginesys is $19.39M as of Jun 2019.