About JiniCommerce
JiniCommerce is a Technology company based in Bengaluru (India) founded in 2015 by Rahul Agarwal and Rakesh Tergundi. Cloud-based software for enterprise channel sales management is provided. It operates in the Technology and Retail sectors. JiniCommerce has raised $179.28 thousand across 2 funding rounds from investors including Aneesh Chawla and Sanjay Nadgir. The company has 14 employees. JiniCommerce was last valued at $1.4 million in September 2019. Its chief executive, as recorded, is Rakesh Tergundi. Its Indian entity Bizmobile It Solutions Private Limited reported revenue of ₹1.80 Cr. JiniCommerce offers products and services including Mobile Sales App, Field Sales CRM, and Order Management System. Its focus areas include B2B E-Commerce, Technology Enablers, Operations Management and Diversified.
Company details
Founded in 2015 in Bengaluru, India, the company operates in the software sector, focusing on cloud-based platforms for enterprises. Channel sales partners are managed through features such as order processing, sales team oversight, employee tracking, pipeline monitoring, invoicing, and payment collection from distributors and retailers. Additional capabilities include sales call scheduling, expense tracking, and catalogue management to support operational efficiency.
- Headquarters Bengaluru, India
- Employees 14
- Founders Rahul Agarwal, Rakesh Tergundi
- Stage Minicorn
- SectorsTechnologyRetail
- Email••••••••
- Phone•••• ••••
- Website jinicommerce.com
- Social LinkedIn X Facebook YouTube
- Legal Name Bizmobile It Solutions Private Limited
- Date of Incorporation 05 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.80 Cr
FY 2024 · +32% YoY
- Net Loss-₹71,288
FY 2024 · 0% margin
- EBITDA-₹38,818
FY 2024 · 0% margin
- Total Equity Funding$179.28K (USD)
in 2 rounds
- Latest Funding Round$140.37K (USD), Angel Round
Sep 2019
- Employee Count14
Associated legal entities of JiniCommerce
JiniCommerce operates through Bizmobile It Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bizmobile It Solutions Private Limited CIN U74140KA2015PTC080750 | Active | 05 Jun 2015 | Bangalore, Karnataka | ₹1.8 Cr | 14 | 2 | View details |
Products & Services of JiniCommerce
JiniCommerce offers a comprehensive portfolio of products and services, including Mobile Sales App, Field Sales CRM, and Order Management System.
App for B2B order placement and real-time tracking.
Software for managing field sales activities and performance.
System for inventory visibility and invoicing in B2B sales.
Funding Insights of JiniCommerce
JiniCommerce has successfully raised a total of $179.28K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $140.37 thousand completed in September 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.
- Total Funding $179,284
- Total Rounds 2
- Last Round Angel Round — $140,373
- First Round $38,911
(Jul 2017)
- Investors Count 2
All 2 funding rounds of JiniCommerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $140,373 | Angel Round | $1.4M | Aneesh Chawla | – |
| Jul 2017 | $38,911 | Angel Round | $556,196 | Sanjay Nadgir | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2019 | $1.4M | •••••••• |
Last known valuation $1.4M (Sep 2019). 2 investors in total: 0 institutional and 2 angel.
Investors in JiniCommerce
JiniCommerce has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Aneesh Chawla and Sanjay Nadgir.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AC Aneesh Chawla | Angel investor and advisor, ex-Google, focused on early-stage Indian startups | unknown_da210f2070774802b | ||
SN Sanjay Nadgir | unknown_185c301a94584dac8 |
Investor details for JiniCommerce
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bizmobile It Solutions Private Limited (JiniCommerce)
Bizmobile It Solutions Private Limited is the primary company behind JiniCommerce. The board of Bizmobile It Solutions Private Limited currently have 2 directors; the longest-serving is Rakesh Jayant Tergundi, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rakesh Jayant Tergundi DIN 06926059 | Director | 05 Jun 2015 | 11 yrs 4 mo | Bizmobile It Solutions Private Limited |
| Rahul Agarwal DIN 07251050 | Director | 01 Apr 2023 | 3 yrs 6 mo | Bizmobile It Solutions Private Limited |
People of JiniCommerce
2 people are tracked at JiniCommerce (2 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for JiniCommerce
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of JiniCommerce
Figures of Bizmobile It Solutions Private Limited, the primary company behind JiniCommerce, for FY 2024. Revenue was ₹1.80 Cr (+32% year on year). Net loss was -₹71,288 (0% margin). EBITDA was -₹38,818 (0% margin). Revenue has grown at a compounded annual rate of +4% over three years and +13% over five years.
- ₹1.80 CrRevenue · FY 2024 · +32% YoY
- -₹71,288Net loss · 0% margin
- -₹38,818EBITDA · 0% margin
- ₹4.1 LakhPaid-up capital
- 14Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bizmobile It Solutions Private Limited are on its company page.
Detailed financial statements for JiniCommerce
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of JiniCommerce
4 dated milestones of JiniCommerce across 4 years, from founding to its latest funding, stage changes and deals.
- Founded JiniCommerce is founded.
- Funding First funding round of $39K.
- Funding Latest funding round, Angel Round, of $140K.
- Milestone Reaches Minicorn status.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Jinicommerce
Complete news archive for JiniCommerce
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about JiniCommerce
JiniCommerce was founded in 2015 and raised its 1st funding round 2 years after it was founded.
JiniCommerce is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rakesh Tergundi is the CEO of JiniCommerce, as recorded in our data. They have also founded this company.
JiniCommerce is a funded company, having raised a total of $179.28K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $38.91K, raised on Jul 2017.
JiniCommerce has 14 employees.
The primary company behind JiniCommerce, Bizmobile It Solutions Private Limited, reported revenue of ₹1.80 Cr for FY 2024, up 32% year on year.
Founded in 2015 in Bengaluru, India, the company operates in the software sector, focusing on cloud-based platforms for enterprises. Channel sales partners are managed through features such as order processing, sales team oversight, employee tracking, pipeline monitoring, invoicing, and payment collection from distributors and retailers. Additional capabilities include sales call scheduling, expense tracking, and catalogue management to support operational efficiency.
JiniCommerce offers Mobile Sales App, Field Sales CRM, and Order Management System.
JiniCommerce has 2 investors. Key investors include Aneesh Chawla, and Sanjay Nadgir.
The valuation of JiniCommerce is $1.4M as of Sep 2019.
JiniCommerce operates through Bizmobile It Solutions Private Limited.
The legal entities of JiniCommerce currently have 2 directors, including Rahul Agarwal, Rakesh Jayant Tergundi.