Growthfile

Delhi, India Founded: 2019 • Age: 7 yrs
Web-based accounts payable automation is provided for finance teams.

About Growthfile

Growthfile is a company based in Delhi (India) founded in 2019 by Navneet Misra and Pawan Lohea.. Growthfile has raised $445.65 thousand across 2 funding rounds from investors including LetsVenture, Finana Partner and Vikram Hosangady. Growthfile operates in a competitive market with competitors including Biz Analyst, Procol, Fawaterk, grofleX and Rupayee, among others.

  • Headquarter Delhi, India
  • Founders Navneet Misra, Pawan Lohea
  • Stage Minicorn
  • Sectors
    Technology
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Growthfile Analytics Private Limited
  • Date of Incorporation 26 Feb, 2019
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $2.15 K (USD)
    7.17
    as on Mar 31, 2023
  • Net Profit
    $-109.85 K (USD)
    -168.48
    as on Mar 31, 2023
  • EBITDA
    $-109.65 K (USD)
    -226.08
    as on Mar 31, 2023
  • Total Equity Funding
    $445.65 K (USD)

    in 2 rounds

  • Latest Funding Round
    $376.84 K (USD), Seed

    Feb 04, 2022

  • Investors
    LetsVenture

    & 44 more

  • Employee Count
    Employee Count
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Funding Insights of Growthfile

Growthfile has successfully raised a total of $445.65K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $376.84 thousand completed in February 2022. 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 Rounds 2
  • Last Round Seed — $376,842
  • First Round

    (16 Oct 2020)

  • Investors Count 45
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Seed - Growthfile Valuation LetsVenture , Neeraj Matiyani
Oct, 2020 Amount Angel Round - Growthfile Valuation Lavanya Viswanathan , Ritika Kalra
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Growthfile

Growthfile has secured backing from 45 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include LetsVenture, Finana Partner and Vikram Hosangady. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
Founded Year Domain Location
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
Founded Year Domain Location

Vikram Hosangady

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Growthfile

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Growthfile

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Growthfile Comparisons

Employees
+
Add Comparison
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Competitors of Growthfile

Growthfile 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 Biz Analyst, Procol, Fawaterk, grofleX and Rupayee, 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
Cloud based data reporting platform for enterprises
domain founded_year HQ Location
Procurement processes are automated through an AI-based platform.
domain founded_year HQ Location
Cloud-based end-to-end business management tools for e-tailers are offered.
domain founded_year HQ Location
Functions as an invoice payment solution for businesses.
domain founded_year HQ Location
Delivers cloud-based payment management solutions for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Growthfile

Frequently Asked Questions about Growthfile

When was Growthfile founded?

Growthfile was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Growthfile located?

Growthfile is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Is Growthfile a funded company?

Growthfile is a funded company, having raised a total of $445.65K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $68.81K, raised on Oct 16, 2020.

What is the annual revenue of Growthfile?

Annual revenue of Growthfile is $2.15K as on Mar 31, 2023.

What does Growthfile do?

Growthfile was founded in 2019 in Delhi, India, as a provider of web-based solutions in the fintech sector focused on accounts payable operations. Vendor collaboration is facilitated, procurement workflows are streamlined, and payment solutions are integrated within the platform. End-to-end processes are supported, including quote submission and tracking, automated account reconciliation, and GST-compliant invoice generation.

Who are the top competitors of Growthfile?

Growthfile's top competitors include Procol, Biz Analyst and Fawaterk.

Who are Growthfile's investors?

Growthfile has 45 investors. Key investors include LetsVenture, Finana Partner, Vikram Hosangady, Sachin Ramesh Pai, and Bhavik Bharat Damodar.

What is Growthfile's valuation?

The valuation of Growthfile is $3.21M as of Feb 2022.

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