About JiniCommerce
JiniCommerce is a company based in Bengaluru (India) founded in 2015 by Rahul Agarwal and Rakesh Tergundi. JiniCommerce has raised $179.28 thousand across 2 funding rounds from investors including Aneesh Chawla and Sanjay Nadgir. The company has 14 employees as of April 07, 2024. JiniCommerce offers products and services including Mobile Sales App, Field Sales CRM, and Order Management System. JiniCommerce operates in a competitive market with competitors including Apollo, Clearbit, Convex, Crossbeam and Yesware, among others.
- Headquarter Bengaluru, India
- Employees 14 as on 07 Apr, 2024
- Founders Rahul Agarwal, Rakesh Tergundi
- Stage Minicorn
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Sectors
TechnologyRetail
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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 Bizmobile It Solutions Private Limited
- Date of Incorporation 05 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$164.13 K (USD)8.02as on Mar 31, 2023
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Net Profit
-$37.64 K (USD)8.66as on Mar 31, 2023
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EBITDA
-$37.08 K (USD)17.81as on Mar 31, 2023
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Total Equity Funding
$179.28 K (USD)
in 2 rounds
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Latest Funding Round
$140.37 K (USD), Angel Round
Sep 22, 2019
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Investors
& 1 more
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Employee Count
14
as on Apr 07, 2024
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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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $140,373
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First Round
First Round
(31 Jul 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Angel Round - JiniCommerce | Valuation | Aneesh Chawla |
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| Jul, 2017 | Amount | Angel Round - JiniCommerce | Valuation | Sanjay Nadgir |
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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 |
|---|---|---|---|---|
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AC
Aneesh Chawla |
Angel investor and advisor, ex-Google, focused on early-stage Indian startups
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Founded Year | Domain | Location |
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SN
Sanjay Nadgir |
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Founded Year | Domain | Location |
Investments & Acquisitions by JiniCommerce
Financial Statements - JiniCommerce
Jinicommerce Comparisons
Competitors of JiniCommerce
JiniCommerce 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 Apollo, Clearbit, Convex, Crossbeam and Yesware, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lead management platform with analytics and engagement tools is provided.
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| domain | founded_year | HQ Location |
Business intelligence APIs are provided for lead generation and enrichment.
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| domain | founded_year | HQ Location |
CRM software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Collaborative platform for data security and privacy is provided.
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| domain | founded_year | HQ Location |
Email lead nurturing tools are provided for sales teams.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce and logistics operations are delivered.
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Latest news on Jinicommerce
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 current CEO of JiniCommerce. 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 31, 2017.
As of Apr 07, 2024, the latest employee count at JiniCommerce is 14.
Annual revenue of JiniCommerce is $164.13K as on Mar 31, 2023.
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.