Herald Logic

Mumbai, India Founded: 2002 • Age: 24 yrs
Sales incentive management solutions are offered to organizations.
Annual revenue $2.4M Latest available
Total funding $220,269 2 rounds
Employees 135 Tracked headcount
Investors 13 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Herald Logic

Herald Logic is a company based in Mumbai (India) founded in 2002 by Rajesh Iyer and Ram Ramdas. Herald Logic has raised $220.27 thousand across 2 funding rounds from investors including Sathish Madhira, MC Raisinghani and TRIITON Mentors and Advisors. The company has 135 employees as of April 06, 2024. Herald Logic operates in a competitive market with competitors including Spiff, Xactly, Varicent, Zafin and Atrium, among others.

  • Headquarter Mumbai, India
  • Employees 135 as on 06 Apr, 2024
  • Founders Rajesh Iyer, Ram Ramdas
  • Sectors
    Financial Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Herald Logic Private Limited
  • Date of Incorporation 21 Jun, 2000
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.45 M (USD)
    73.63
    as on Mar 31, 2023
  • Net Profit
    -$23.72 K (USD)
    75.03
    as on Mar 31, 2023
  • EBITDA
    $91.59 K (USD)
    223.6
    as on Mar 31, 2023
  • Total Equity Funding
    $220.27 K (USD)

    in 2 rounds

  • Latest Funding Round
    $133.64 K (USD), Series A

    Mar 30, 2010

  • Investors
  • Employee Count
    135

    as on Apr 06, 2024

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Funding Insights of Herald Logic

Herald Logic has successfully raised a total of $220.27K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $133.64 thousand completed in March 2010. 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 Herald Logic

Herald Logic has secured backing from 13 investors, including angel and institutional investors. Prominent investors backing the company include Sathish Madhira, MC Raisinghani and TRIITON Mentors and Advisors.

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Institutional
Angel
Investor Description Founded Year Domain Location
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Investor details for Herald Logic

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Investments & Acquisitions by Herald Logic

Investments
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Investment portfolio details for Herald Logic

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Financial Statements - Herald Logic

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Detailed financials for Herald Logic

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Herald Logic Comparisons

Herald Logic Primary company
Description
Sales incentive management solutions are offered to organiza...
Location
Mumbai, India
Founded Year
2002
Annual Revenue
$2.45 M (USD)
Net Profit
-$23.72 K (USD)
EBITDA
$91.59 K (USD)
Employees
135
As of 2024
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Peer comparison for Herald Logic

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Competitors of Herald Logic

Herald Logic 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 Spiff, Xactly, Varicent, Zafin and Atrium, among others.

Company Name Domain Founded year HQ Location Description
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A platform for saving and investing money is provided.
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Sales performance management software is provided for enterprises.
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Incentive compensation and sales performance solutions are provided for enterprises.
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Software solutions for relationship banking in financial services are delivered.
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Workforce analytics platform is offered for sales performance monitoring.
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AI-powered loyalty, rewards, and employee engagement solutions are provided.
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Detailed competitors of Herald Logic

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Latest news on Herald Logic

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Complete news archive for Herald Logic

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Frequently Asked Questions about Herald Logic

Herald Logic was founded in 2002 and raised its 1st funding round 6 years after it was founded.

Herald Logic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Rajesh Iyer is the current CEO of Herald Logic. They have also founded this company.

Herald Logic is a funded company, having raised a total of $220.27K across 2 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Herald Logic is 135.

Annual revenue of Herald Logic is $2.45M as on Mar 31, 2023.

Herald Logic was founded in 2002 in Mumbai, India, as a provider of sales incentive management software. Incentive compensation modules are utilized to optimize and launch programs that drive sales motivation through payouts. Additional features include lifecycle management and performance tracking for staff and channel partners. Services are extended to clients such as Kotak, ICICI Bank, Aviva, TVS Credit Services, and India First Life Insurance.

Herald Logic's top competitors include Xoxoday, Atrium and Xactly.

Herald Logic has 13 investors. Key investors include Sathish Madhira, MC Raisinghani, TRIITON Mentors and Advisors, Ashish Shah, and Sanjiv Singhal.

The valuation of Herald Logic is $263.88K as of Mar 2010.

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