About GirnarSOFT
GirnarSOFT is a company based in Jaipur (India) founded in 2007 by Anurag Jain and Amit Jain.. GirnarSOFT has raised $570.12 million across 12 funding rounds from investors including Axis Bank, HDFC Bank and Times Internet. The company has 461 employees as of March 31, 2024. GirnarSOFT has completed 2 acquisitions, including Drishya360s and Volob. GirnarSOFT operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Jaipur, India
- Employees 461 as on 31 Mar, 2024
- Founders Anurag Jain, Amit Jain
- Stage Minicorn
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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 Girnarsoft Automobiles Private Limited
- Date of Incorporation 24 Jun, 2010
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$102.68 M (USD)66.49as on Mar 31, 2022
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Net Profit
$-24.3 M (USD)-101.85as on Mar 31, 2022
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EBITDA
$-22.48 M (USD)-99.65as on Mar 31, 2022
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Total Equity Funding
$570.12 M (USD)
in 12 rounds
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Latest Funding Round
$50 M (USD), Debt – Convertible
Oct 12, 2021
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Investors
Axis Bank
& 38 more
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Employee Count
461
as on Mar 31, 2024
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Investments & Acquisitions
Drishya360s
& 1 more
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Funding Insights of GirnarSOFT
GirnarSOFT has successfully raised a total of $570.12M across 12 strategic funding rounds. The most recent funding activity was a Debt – Convertible round of $50 million completed in October 2021. 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 12
- Last Round Debt – Convertible — $50.0M
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First Round
First Round
(25 Nov 2013)
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series E - GirnarSOFT | Valuation | Canyon Partners , Dimpy Kanwar | |
| Oct, 2021 | Amount | Debt – Convertible - GirnarSOFT | Valuation |
investors |
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| Nov, 2019 | Amount | Series D - GirnarSOFT | Valuation | Ping An , Hillhouse |
| 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 GirnarSOFT
GirnarSOFT has secured backing from 39 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Axis Bank, HDFC Bank and Times Internet. 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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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors by Lenarco.
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Founded Year | Domain | Location | |
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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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 GirnarSOFT
GirnarSOFT has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Drishya360s and Volob. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provides 360 deg Virtual tours
|
2010 | ||||
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3D visualisation solutions are provided via virtual reality to industries.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - GirnarSOFT
| 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 |
Girnarsoft Comparisons
Competitors of GirnarSOFT
GirnarSOFT 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Girnarsoft
Frequently Asked Questions about GirnarSOFT
When was GirnarSOFT founded?
GirnarSOFT was founded in 2007 and raised its 1st funding round 6 years after it was founded.
Where is GirnarSOFT located?
GirnarSOFT is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Who is the current CEO of GirnarSOFT?
Amit Jain is the current CEO of GirnarSOFT. They have also founded this company.
Is GirnarSOFT a funded company?
GirnarSOFT is a funded company, having raised a total of $570.12M across 12 funding rounds to date. The company's 1st funding round was a Series D of $72.03M, raised on Nov 25, 2013.
How many employees does GirnarSOFT have?
As of Mar 31, 2024, the latest employee count at GirnarSOFT is 461.
What is the annual revenue of GirnarSOFT?
Annual revenue of GirnarSOFT is $102.68M as on Mar 31, 2022.
What does GirnarSOFT do?
Provider of website, web mobile application development, BI, and digital marketing services. Its other services include cloud computing, mobility consulting, enterprise application development, lead management, and UI UX designing.
Who are the top competitors of GirnarSOFT?
GirnarSOFT's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
How many acquisitions has GirnarSOFT made?
GirnarSOFT has made 2 acquisitions, including Drishya360s, and Volob.
Who are GirnarSOFT's investors?
GirnarSOFT has 39 investors. Key investors include Axis Bank, HDFC Bank, Times Internet, OurCrowd, and Dentsu.
What is GirnarSOFT's valuation?
The valuation of GirnarSOFT is $689.9M as of Nov 2019.
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