About Miles Software
Miles Software is a Technology company based in Mumbai (India) founded in 1999 by Rama Gantra, Kruti Gantra, Manharkant Gantra, and Rama Manharkant Ganatra, and was acquired by Ebix in September 2018. Back-office solutions are offered to wealth managers and financial institutions. Miles Software has raised $1.12 million across 3 funding rounds from investors including Ebix, Zephyr Management and Lighthouse Funds. The company has 199 employees. Miles Software has completed 1 acquisition, including Beans & Intellect Financial Technology. Miles Software was last valued at $24.64 million in July 2010. Its Indian entity Ebixcash Financial Technologies Private Limited reported revenue of ₹69.18 Cr. Miles Software offers products and services including MoneyWare, InvestmentPro, and FundWare. Its focus areas include FinTech, Investment Tech, Wealth Management IT and Suite. Its competitors include 360 One and Centricity; 1 of its 2 listed competitors has raised funding.
Company details
Miles Software was founded in 1999 in Mumbai, India, and operates in the financial technology sector. Back-office solutions are provided to wealth managers, banks, brokerage houses, NBFCs, and other financial institutions. Products such as MoneyWare, Integra, FundWare, Vantage, and Custody are utilized for portfolio management, trade processing, revenue and incentive tracking, CRM, and financial planning. Operations focus on streamlining these processes for institutional clients.
- Headquarters Mumbai, India
- Employees 199
- Founders Rama Gantra, Kruti Gantra, Manharkant Gantra, Rama Manharkant Ganatra
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website milessoft.com
- Social LinkedIn X Facebook YouTube
- Acquired by Ebix (Sep 2018)
- Legal Name Ebixcash Financial Technologies Private Limited
- Date of Incorporation 26 Mar, 1999
- Jurisdiction New Delhi, Delhi, India
Associated legal entities of Miles Software
Miles Software operates through Ebixcash Financial Technologies Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ebixcash Financial Technologies Private Limited CIN U72200DL1999PTC391893 | Amalgamated | 26 Mar 1999 | New Delhi, Delhi | ₹69.2 Cr | 199 | 2 | View details |
Products & Services of Miles Software
Miles Software offers a comprehensive portfolio of products and services, including MoneyWare, InvestmentPro, and FundWare.
Software suite for private banking and wealth optimization.
Cloud-based solution for investment tracking and compliance.
Tool for regulatory reporting and fund administration services.
Apps and channels of Miles Software
its YouTube channel Miles Software Solutions Pvt. Ltd has 81 subscribers and 30 videos.
Videos from Miles Software
The most watched videos on Miles Software's YouTube channel, Miles Software Solutions Pvt. Ltd (81 subscribers). Click a video to play it here.
More on Miles Software Solutions Pvt. Ltd.
Funding Insights of Miles Software
Miles Software has successfully raised a total of $1.12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.12 million completed in June 2011. 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 $1.12M
- Total Rounds 3
- Last Round Series A — $1.12M
- First Round $4.81M
(May 2008)
- Investors Count 3
All 3 funding rounds of Miles Software 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 |
|---|---|---|---|---|---|
| Jun 2011 | $1.12M | Series A | – | Zephyr Management | |
| Jul 2010 | $2.61M | Unspecified | $24.64M | Zephyr Peacock, Zephyr Management | |
| May 2008 | $4.81M | Unspecified | $21.65M | Lighthouse, Zephyr Peacock | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2010 | $24.64M | •••••••• |
| May 2008 | $21.65M | •••••••• |
Last known valuation $24.64M (Jul 2010). 4 investors in total: 4 institutional.
Investors in Miles Software
Miles Software has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Ebix, Zephyr Management and Lighthouse Funds.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment advisory, equity financing, and portfolio management in emerging markets. | zmlp.com | New York, United States | ||
Investment funds for Indian startups are managed by Lighthouse. | lhfunds.com | Mumbai, India | ||
Diversified asset management and private equity firm focused on small and medium sized enterprises | zephyrpeacock.com | Bengaluru, India | ||
SaaS-based software suite for insurance industry is provided. | 1976 | ebix.com | Atlanta, United States |
Investor details for Miles Software
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Ebixcash Financial Technologies Private Limited (Miles Software)
Ebixcash Financial Technologies Private Limited is the primary company behind Miles Software. The board of Ebixcash Financial Technologies Private Limited currently have 2 directors; the longest-serving is Satya Bushan Kotru, appointed in 2018. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satya Bushan Kotru DIN 01729176 | Director | 04 Oct 2018 | 8 yrs | Ebixcash Financial Technologies Private Limited |
| Vikas Verma DIN 03511116 | Director | 04 Oct 2018 | 8 yrs | Ebixcash Financial Technologies Private Limited |
People of Miles Software
22 people are tracked at Miles Software (11 in leadership, 11 in team); the tracked headcount is 199.
| Name | Role | Group |
|---|---|---|
Rama Gantra | Co-Founder | Leadership |
Kruti Gantra | Co-Founder | Leadership |
Manharkant Gantra | Co-Founder | Leadership |
Rama Manharkant Ganatra | Co-Founder | Leadership |
Sapna Sukhrani | Head HR | Leadership |
Sachin Gawade | Head Of Global Sales | Leadership |
Robin Raina | Chief Executive Officer and Chairman of Ebix Inc. | Leadership |
Divya MacHiah | VP Sales ME | Leadership |
O'Neil Almeida | Senior Vice President - Delivery | Leadership |
Vikram Patil | Vice President Service Delivery | Leadership |
Mark O'Neil | Director Human Resources Marketing | Leadership |
Abdul Kader Kothawala | Delivery Manager | Team |
Pranali Manore | Senior Business Analyst | Team |
Jay Shah | Sr Project Manager | Team |
Keerthivasan Balasubramanian | Delivery Manager | Team |
Sandeep Sahay | Lead Project Manager | Team |
Prasidhi Mhatre | Lead - Global Alliances & Partnership | Team |
Pramod Pawar | Sales Manager | Team |
Reshma Chandane | AVP Sales | Team |
Candassamy Mahadevane | Delivery Manager | Team |
2 more people are available in the full profile.
Complete people profiles for Miles Software
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Financials of Miles Software
Figures of Ebixcash Financial Technologies Private Limited, the primary company behind Miles Software, for FY 2024. Revenue was ₹69.18 Cr (+10% year on year). Net profit was ₹6.52 Cr (9% margin). EBITDA was ₹23.65 Cr (34% margin). Revenue has grown at a compounded annual rate of +3% over three years.
- ₹69.18 CrRevenue · FY 2024 · +10% YoY
- ₹6.52 CrNet profit · 9% margin
- ₹23.65 CrEBITDA · 34% margin
- ₹12.9 LakhPaid-up capital
- 199Employees (provident fund records)
- +3%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ebixcash Financial Technologies Private Limited are on its company page.
Detailed financial statements for Miles Software
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Miles Software
Miles Software has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Beans & Intellect Financial Technology.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Technology, analytics, and consulting solutions are delivered for treasury operations. | beansindia.com | Mumbai, India | 2006 | Jun 2014 | •••• |
Complete acquisition details for Miles Software
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Timeline of Miles Software
6 dated milestones of Miles Software across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Miles Software is founded.
- Funding First funding round of $4.8M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.1M.
- Acquisition Acquires Beans & Intellect Financial Technology.
- Exit Acquired by Ebix.
Competitors of Miles Software
Miles Software has 2 listed competitors in our database, 1 of them funded. They include 360 One and Centricity.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 360.one | 2008 | Mumbai, India | 65 | Asset and wealth management software is provided for businesses. | ||
| centricity.co.in | 2022 | Gurugram, India | $24.05M | 458 | Digital private wealth management platform for individuals |
Detailed competitors of Miles Software
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Web traffic of Miles Software
The website of Miles Software (milessoft.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 7.3% vs previous month
Websites whose visitors overlap most with Miles Software. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
atosorigin.com | atosorigin.com | 100% | – | ||
| tatainteractive.com | 100% | View details | |||
| prasadnaik.com | 94% | View details | |||
| brinka.com | 94% | View details | |||
inspectquality.com | inspectquality.com | 94% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Miles Software
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- 11 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Miles Software (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Miles Software
Complete news archive for Miles Software
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Frequently Asked Questions about Miles Software
Miles Software was founded in 1999 and raised its 1st funding round 9 years after it was founded.
Miles Software is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Miles Software is a funded company, having raised a total of $1.12M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $4.81M, raised on May 2008.
Miles Software has 199 employees.
The primary company behind Miles Software, Ebixcash Financial Technologies Private Limited, reported revenue of ₹69.18 Cr for FY 2024, up 10% year on year.
Miles Software was founded in 1999 in Mumbai, India, and operates in the financial technology sector. Back-office solutions are provided to wealth managers, banks, brokerage houses, NBFCs, and other financial institutions. Products such as MoneyWare, Integra, FundWare, Vantage, and Custody are utilized for portfolio management, trade processing, revenue and incentive tracking, CRM, and financial planning. Operations focus on streamlining these processes for institutional clients.
Miles Software's top competitors include Centricity and 360 One.
Miles Software offers MoneyWare, InvestmentPro, and FundWare.
Miles Software has made 1 acquisition, including Beans & Intellect Financial Technology.
Miles Software has 4 investors. Key investors include Ebix, Zephyr Management, Lighthouse Funds, and Zephyr Peacock.
The valuation of Miles Software is $24.64M as of Jul 2010.
Miles Software operates through Ebixcash Financial Technologies Private Limited.