Osfin

Pune, India Founded: 2021 • Age: 5 yrs
Reconciliation, invoice processing, and payments are managed via software platform.
Annual revenue $213,754 Latest available
Total funding $9.9M 2 rounds
Employees 46 Tracked headcount
Investors 19 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Osfin

Osfin is a company based in Pune (India) founded in 2021 by Shitikanth Kashyap, Pavan Rathore, Vikash Goenka, and Jainendra Batra. Osfin has raised $9.91 million across 2 funding rounds from investors including Peak XV Partners, PointOne Capital and MITCON Credentia. The company has 46 employees as of April 05, 2024. Osfin offers products and services including Automated Reconciliation, Payments Reconciliation, and Fintech Data Unification. Osfin operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.

  • Headquarter Pune, India
  • Employees 46 as on 05 Apr, 2024
  • Founders Shitikanth Kashyap, Pavan Rathore, Vikash Goenka, Jainendra Batra
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Beeworks Softwares Private Limited
  • Date of Incorporation 09 Jun, 2020
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $213.75 K (USD)
    284.57
    as on Mar 31, 2023
  • Net Profit
    -$275.87 K (USD)
    -1563.88
    as on Mar 31, 2023
  • EBITDA
    -$336.7 K (USD)
    -1021.52
    as on Mar 31, 2023
  • Total Equity Funding
    $9.91 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.88 M (USD), Series A

    Jun 29, 2024

  • Investors
  • Employee Count
    46

    as on Apr 05, 2024

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Products & Services of Osfin

Osfin offers a comprehensive portfolio of products and services, including Automated Reconciliation, Payments Reconciliation, and Fintech Data Unification.

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Primary

Streamlines high-volume transaction reconciliation for banking operations.

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Ensures accurate processing of payment transactions across platforms.

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Integrates and refines fintech data for efficient operations.

Funding Insights of Osfin

Osfin has successfully raised a total of $9.91M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.88 million completed in June 2024. 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 Osfin

Osfin has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Peak XV Partners, PointOne Capital and MITCON Credentia.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm investing in startups and providing support programs.
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Venture capital fund investing in pre-seed tech startups with support services.
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Venture capital funding is provided to innovative startups in India.
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Investor details for Osfin

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Investments & Acquisitions by Osfin

Investments
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Investment portfolio details for Osfin

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Financial Statements - Osfin

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Detailed financials for Osfin

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  • Profit trends
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Osfin Comparisons

Osfin Primary company
Description
Reconciliation, invoice processing, and payments are managed...
Location
Pune, India
Founded Year
2021
Annual Revenue
$213.75 K (USD)
Net Profit
-$275.87 K (USD)
EBITDA
-$336.7 K (USD)
Employees
46
As of 2024
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Peer comparison for Osfin

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Competitors of Osfin

Osfin 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 Intuit, Visma, Clear, Wave and Xero, among others.

Company Name Domain Founded year HQ Location Description
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is provided for business management across segments.
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Technology-enabled accounting and finance solutions are offered for SMBs.
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Web-based accounting software is offered for business use.
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Cloud-based accounting and payment management is offered for small businesses.
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Cloud-based invoicing and accounting software is offered for businesses.
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Detailed competitors of Osfin

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Latest news on Osfin

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Complete news archive for Osfin

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Frequently Asked Questions about Osfin

Osfin was founded in 2021 and raised its 1st funding round 1 year after it was founded.

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

Osfin is a funded company, having raised a total of $9.91M across 2 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Osfin is 46.

Annual revenue of Osfin is $213.75K as on Mar 31, 2023.

Osfin was founded in 2021 in Pune, India, as a software platform focused on financial operations. Automated reconciliation, invoice management, payouts, revenue analytics, and accounts receivable and payable processes are supported. ERP integration and expense approval solutions are also provided. The platform operates in the fintech sector, serving businesses with tools for efficient transaction handling and financial oversight.

Osfin's top competitors include Intuit, Visma and Clear.

Osfin offers Automated Reconciliation, Payments Reconciliation, and Fintech Data Unification.

Osfin has 19 investors. Key investors include Peak XV Partners, PointOne Capital, MITCON Credentia, QED Innovation Labs, and Deepak Jain.

The valuation of Osfin is $36.45M as of Jun 2024.

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