About Girnar Newtel
Girnar Newtel is a company based in Bengaluru (India) founded in 2011 by Jay Kumar, Anurag Jain, and Amit Jain. Girnar Newtel has raised $225.36 thousand across 3 funding rounds from investors including Rajeev Ojha, Madhuri Ojha and Brijesh Verma. The company has 7 employees as of March 23, 2024. Girnar Newtel operates in a competitive market with competitors including CallidusCloud, RELEX, Bizom, BigChange and Yoobic, among others.
- Headquarter Bengaluru, India
- Employees 7 as on 23 Mar, 2024
- Founders Jay Kumar, Anurag Jain, Amit Jain
- Stage Minicorn
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Sectors
RetailTechnology
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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 Girnar Newtel Solutions Private Limited
- Date of Incorporation 26 Apr, 2011
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$204.22 K (USD)66916.64as on Mar 31, 2023
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Net Profit
$1.43 K (USD)336345.7as on Mar 31, 2023
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EBITDA
$44.82 K (USD)54367.39as on Mar 31, 2023
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Total Equity Funding
$225.36 K (USD)
in 3 rounds
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Latest Funding Round
$152.11 K (USD), Angel Round
Oct 30, 2020
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Investors
Third Age Advisors
& 19 more
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Employee Count
7
as on Mar 23, 2024
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Funding Insights of Girnar Newtel
Girnar Newtel has successfully raised a total of $225.36K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $152.11 thousand completed in October 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 3
- Last Round Angel Round — $152,106
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First Round
First Round
(02 Jan 2019)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Angel Round - Girnar Newtel | Valuation | Madhuri Ojha | |
| Aug, 2020 | Amount | Seed - Girnar Newtel | Valuation | Third Age Advisors | |
| Jan, 2019 | Amount | Angel Round - Girnar Newtel | Valuation | Malini Sukumaran , Naveen John |
Investors in Girnar Newtel
Girnar Newtel has secured backing from 20 investors, including angel investors. Prominent investors backing the company include Rajeev Ojha, Madhuri Ojha and Brijesh Verma.
| Investor | Description | Founded Year | Domain | Location |
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RO
Rajeev Ojha |
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Founded Year | Domain | Location |
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MO
Madhuri Ojha |
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Founded Year | Domain | Location |
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BV
Brijesh Verma |
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Founded Year | Domain | Location |
Investments & Acquisitions by Girnar Newtel
Financial Statements - Girnar Newtel
Girnar Newtel Comparisons
Competitors of Girnar Newtel
Girnar Newtel 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 CallidusCloud, RELEX, Bizom, BigChange and Yoobic, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
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| domain | founded_year | HQ Location |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
Retail intelligence platform is developed for brands and B2B retailers.
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| domain | founded_year | HQ Location |
Cloud-based field workforce management software is provided.
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| domain | founded_year | HQ Location |
Frontline employee experience platform for managing operational tasks
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| domain | founded_year | HQ Location |
Software for field services management and scheduling is provided.
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Latest news on Girnar Newtel
Frequently Asked Questions about Girnar Newtel
Girnar Newtel was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Girnar Newtel is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jay Kumar is the current CEO of Girnar Newtel. They have also founded this company.
Girnar Newtel is a funded company, having raised a total of $225.36K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $33.82K, raised on Jan 02, 2019.
As of Mar 23, 2024, the latest employee count at Girnar Newtel is 7.
Annual revenue of Girnar Newtel is $204.22K as on Mar 31, 2023.
Girnar Newtel was established in 2011 in Bengaluru, India, within the software technology sector. A cloud-based inventory management system is developed and operated by the company to support business inventory tracking and control. Services are delivered through the domain newtel.in, focusing on cloud solutions for operational efficiency. Leadership is held by co-founders Jay Kumar as CEO, Anurag Jain, and Amit Jain, with operations centered in India.
Girnar Newtel has 20 investors. Key investors include Rajeev Ojha, Madhuri Ojha, Brijesh Verma, Srikanth N K, and Shilpa.
The valuation of Girnar Newtel is $1.05M as of Oct 2020.