About Munim
Munim is a Technology company based in Bengaluru (India) founded in 2017, and was acquired by BikeWo in February 2022. It operates as an employee attendance and salary management is provided via an application. Its Indian entity Sodio Technologies Private Limited reported revenue of ₹41.6 Lakh. The company was acqui-hired. Its focus areas include Enterprise Applications, HRTech, Contingent Workforce Management and Suite. Its competitors include Legion, WorkJam, Harri, Work Market and Eden Workplace and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Munim was founded in 2017 in Bengaluru, India, as a software application in the HR technology sector. Employee data is managed through features like payroll administration, attendance tracking, leave handling, and staff monitoring. Operations are supported by an integrated multilingual system, enabling use across diverse teams in the region.
Associated legal entities of Munim
Munim operates through Sodio Technologies 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 |
|---|---|---|---|---|---|---|---|
| Sodio Technologies Private Limited CIN U72900KA2017PTC099150 | Active | 12 Jan 2017 | Bangalore, Karnataka | ₹0.4 Cr | – | 2 | View details |
Investors in Munim
Munim has secured backing from 1 investor. Prominent investors backing the company include BikeWo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of multibrand EV two-wheeler infrastructure for EV charging points & battery swapping | 2011 | bikewo.in | Hyderabad, India |
Investor details for Munim
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Board of directors of Sodio Technologies Private Limited (Munim)
Sodio Technologies Private Limited is the primary company behind Munim. The board of Sodio Technologies Private Limited currently have 2 directors; the longest-serving is Naveen Saraswat, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naveen Saraswat DIN 07701100 | Director | 12 Jan 2017 | 9 yrs 9 mo | Sodio Technologies Private Limited |
| Anupam Sah DIN 07705174 | Director | 12 Jan 2017 | 9 yrs 9 mo | Sodio Technologies Private Limited |
Financials of Munim
Figures of Sodio Technologies Private Limited, the primary company behind Munim, for FY 2024. Revenue was ₹41.6 Lakh (-54% year on year). Net profit was ₹5,700 (0% margin). EBITDA was ₹2.9 Lakh (7% margin). Revenue has grown at a compounded annual rate of -20% over three years and 0% over five years.
- ₹41.6 LakhRevenue · FY 2024 · -54% YoY
- ₹5,700Net profit · 0% margin
- ₹2.9 LakhEBITDA · 7% margin
- ₹50,000Paid-up capital
- -20%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sodio Technologies Private Limited are on its company page.
Detailed financial statements for Munim
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Timeline of Munim
2 dated milestones of Munim across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Munim is founded.
- Exit Acquired by BikeWo.
Competitors of Munim
Munim has 10 listed competitors in our database, 10 of them funded. They include Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| legion.co | 2016 | San Francisco, United States | $182.5M | 107 | Workforce management solutions are provided through intelligent automation technology. | |
| workjam.com | 2014 | Montreal, Canada | $167M | 248 | Hourly workforce schedules and communications are managed via software. | |
| harri.com | 2012 | New York, United States | $73M | 68 | Recruitment and workforce management are offered for hospitality. | |
| workmarket.com | 2010 | New York, United States | $66M | – | Freelance management, payments, and reporting are facilitated by AI software. | |
| edenworkplace.com | 2015 | San Francisco, United States | $41.61M | 31 | SaaS-based workplace management software for offices is delivered. | |
| zinghr.com | 2002 | Mumbai, India | $14.11M | 577 | Cloud-based HCM software is provided for enterprise HR processes. | |
| quinyx.com | 2005 | Stockholm, Sweden | $103.3M | – | Cloud-based workforce management software | |
| swipeclock.com | 1999 | South Jordan, United States | $1.75M | 75 | Workforce management tools for time tracking and scheduling are provided. | |
| workforcesoftware.com | 1999 | Livonia, United States | $188.35M | 7,349 | Provider of suite solutions for contingent workforce management | |
| yoobic.com | 2014 | New York, United States | $97.2M | 10 | Frontline employee experience platform for managing operational tasks |
Detailed competitors of Munim
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Munim (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Related news about Munim
Complete news archive for Munim
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Frequently Asked Questions about Munim
Munim was founded in 2017.
Munim is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Munim, Sodio Technologies Private Limited, reported revenue of ₹41.6 Lakh for FY 2024, down 54% year on year.
Munim was founded in 2017 in Bengaluru, India, as a software application in the HR technology sector. Employee data is managed through features like payroll administration, attendance tracking, leave handling, and staff monitoring. Operations are supported by an integrated multilingual system, enabling use across diverse teams in the region.
Munim has 1 investor. Key investors include BikeWo.
Munim operates through Sodio Technologies Private Limited.
Yes. Munim was acquired by BikeWo in February 2022.
The legal entities of Munim currently have 2 directors, including Naveen Saraswat, Anupam Sah.