Kapittx

Pune, India Founded: 2019 • Age: 7 yrs
AI-powered AR software is developed for accounts receivable automation.
Annual revenue $70,267 Latest available
Total funding $641,714 2 rounds
Employees - Tracked headcount
Investors 15 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Kapittx

Kapittx is a company based in Pune (India) founded in 2019 by Kumar Karpe. Kapittx has raised $641.71 thousand across 2 funding rounds from investors including Upekkha, Up Funds and Rita Naik. Kapittx offers products and services including AR Automation Software, Invoice Collections Software, and Cash Application Tools. Kapittx operates in a competitive market with competitors including InDebted, CredFlow, Satago, Sidetrade and PAIR Finance, among others.

  • Headquarter Pune, India
  • Founders Kumar Karpe
  • Stage Minicorn
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Kach Tech Private Limited
  • Date of Incorporation 03 Apr, 2019
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $70.27 K (USD)
    91.83
    as on Mar 31, 2023
  • Net Profit
    -$186.35 K (USD)
    -138166.2
    as on Mar 31, 2023
  • EBITDA
    -$111.61 K (USD)
    -17887.31
    as on Mar 31, 2023
  • Total Equity Funding
    $641.71 K (USD)

    in 2 rounds

  • Latest Funding Round
    $609.4 K (USD), Seed

    Jun 06, 2022

  • Investors
    Upekkha

    & 14 more

  • Employee Count
    Not available
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Products & Services of Kapittx

Kapittx offers a comprehensive portfolio of products and services, including AR Automation Software, Invoice Collections Software, and Cash Application Tools.

Product name locked
Category locked
Primary

Automates invoice processing and collections for faster payments.

Product name locked
Category locked
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Manages reminders and reconciliation to improve cash flow efficiency.

Product name locked
Category locked
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Handles payment processing and analytics for better financial insights.

Funding Insights of Kapittx

Kapittx has successfully raised a total of $641.71K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $609.4 thousand completed in June 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.

Investors in Kapittx

Kapittx has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Upekkha, Up Funds and Rita Naik.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
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AI startup acceleration and networking services are offered globally.
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Rita Naik

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Investor details for Kapittx

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Kapittx

Investments
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Investment portfolio details for Kapittx

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Financial Statements - Kapittx

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Detailed financials for Kapittx

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Kapittx Comparisons

Kapittx Primary company
Description
AI-powered AR software is developed for accounts receivable ...
Location
Pune, India
Founded Year
2019
Annual Revenue
$70.27 K (USD)
Net Profit
-$186.35 K (USD)
EBITDA
-$111.61 K (USD)
Employees
Not available
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Peer comparison for Kapittx

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Competitors of Kapittx

Kapittx 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 InDebted, CredFlow, Satago, Sidetrade and PAIR Finance, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based debt collection solutions are offered to businesses.
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Cashflow management platform is offered to small and medium enterprises.
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Provider of a risk management platform for businesses
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AI-enabled accounts receivable solutions are provided for businesses.
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Data-based receivable management system
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Decentralized cryptocurrency exchange and wallet services are provided by Slope.
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Detailed competitors of Kapittx

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Latest news on Kapittx

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Complete news archive for Kapittx

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Frequently Asked Questions about Kapittx

Kapittx was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Kapittx is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Kumar Karpe is the current CEO of Kapittx. They have also founded this company.

Kapittx is a funded company, having raised a total of $641.71K across 2 funding rounds to date.

Annual revenue of Kapittx is $70.27K as on Mar 31, 2023.

Kapittx was founded in 2019 in Pune, India, within the fintech sector focused on automation. AI-driven software is provided to streamline accounts receivable processes for businesses. Payments are collected more efficiently through automated reminders, document tracking, and dunning management. Forecast risks are minimized via integrated tools, supporting operational improvements in financial workflows.

Kapittx's top competitors include InDebted, CredFlow and PAIR Finance.

Kapittx offers AR Automation Software, Invoice Collections Software, and Cash Application Tools.

Kapittx has 15 investors. Key investors include Upekkha, Up Funds, Rita Naik, Asish Mohapatra, and V Narasimhan.

The valuation of Kapittx is $9.88M as of Jun 2022.

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