About Miles Software
Miles Software is a company based in Mumbai (India) founded in 1999 by Rama Gantra, Kruti Gantra, Manharkant Gantra, and Rama Manharkant Ganatra was acquired by Ebix in September 2018. Miles Software has raised $8.54 million across 3 funding rounds from investors including Ebix, Zephyr Management and Lighthouse Funds. The company has 199 employees as of March 27, 2024. Miles Software has completed 1 acquisition, including Beans & Intellect Financial Technology. Miles Software offers products and services including MoneyWare, InvestmentPro, and FundWare. Miles Software operates in a competitive market with competitors including Addepar, sei, Avaloq, 360 One and Centricity, among others.
- Headquarter Mumbai, India
- Employees 199 as on 27 Mar, 2024
- Founders Rama Gantra, Kruti Gantra, Manharkant Gantra, Rama Manharkant Ganatra
- Stage Minicorn
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ebixcash Financial Technologies Private Limited
- Date of Incorporation 26 Mar, 1999
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$7.53 M (USD)12.15as on Mar 31, 2023
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Net Profit
$1.49 M (USD)108.15as on Mar 31, 2023
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EBITDA
$2.06 M (USD)73.52as on Mar 31, 2023
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Total Equity Funding
$8.54 M (USD)
in 3 rounds
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Latest Funding Round
$1.12 M (USD), Series A
Jun 30, 2011
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Investors
Ebix
& 3 more
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Employee Count
199
as on Mar 27, 2024
- Investments & Acquisitions
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Acquired by
Ebix
(Sep 04, 2018)
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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.
People of Miles Software
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Funding Insights of Miles Software
Miles Software has successfully raised a total of $8.54M 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.
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 |
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Investment advisory, equity financing, and portfolio management in emerging markets.
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Investment funds for Indian startups are managed by Lighthouse.
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Diversified asset management and private equity firm focused on small and medium sized enterprises
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Investor details for Miles Software
Investor domains, locations, round participation, and complete history require an active premium plan.
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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.
Investment portfolio details for Miles Software
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Technology, analytics, and consulting solutions are delivered for treasury operations.
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Complete acquisition details for Miles Software
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Financial Statements - Miles Software
Detailed financials for Miles Software
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Miles Software Comparisons
Peer comparison for Miles Software
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- Named peers
- Headcount comparison
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Competitors of Miles Software
Miles Software 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 Addepar, sei, Avaloq, 360 One and Centricity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Wealth management solutions are delivered for investment advisors.
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Wealth and investment management solutions are offered to institutional investors.
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Cloud-based solutions for financial institutions are provided by Avaloq.
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Asset and wealth management software is provided for businesses.
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Digital private wealth management platform for individuals
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Cloud-based solutions are offered for wealth management and financial advising.
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Detailed competitors of Miles Software
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Miles Software
Complete news archive for Miles Software
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 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 $8.54M across 3 funding rounds to date.
As of Mar 27, 2024, the latest employee count at Miles Software is 199.
Annual revenue of Miles Software is $7.53M as on Mar 31, 2023.
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 Addepar, Delta Capita and sei.
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.