About Practive
Practive is a Technology company based in Ahmedabad (India) founded in 2015. It operates as a web-based software for task, employee, and client management in accounting firms. It operates on a SaaS and B2B model. Its website practive.in draws about 24 thousand monthly visits. Its Indian entity Mative Private Limited reported revenue of ₹13.3 Lakh. Practive offers products and services including Practive Software, WhatsApp AI Assistant, and Data Export Feature. Its focus areas include Finance and Professional Services, Accounting Tech, Office Management and Task Automation. Its competitors include FloQast, Canopy, SafeSend, Silverfin and Suralink and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Practive is a cloud-based office management software designed for chartered accountants and accounting firms. It helps organize tasks, track progress, automate communications, and export data to tools like Tally. The platform includes features for reminders, notifications, and secure data handling, allowing users to manage teams and clients efficiently. Based in India, it serves over 500 CAs and 3000 accountants across various cities, enhancing productivity and business growth through automation and analytics.
- Headquarters Ahmedabad, India
- SectorsTechnology
- Website category Finance · Accounting and Auditing
- Email••••••••
- Phone•••• ••••
- Website practive.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Mative Private Limited
- Date of Incorporation 27 Nov, 2018
- Jurisdiction Jalore, Rajasthan, India
- Annual Revenue₹13.3 Lakh
FY 2024 · +377% YoY
- Net Loss-₹14,429
FY 2024 · -1% margin
- EBITDA₹36,568
FY 2024 · 3% margin
Associated legal entities of Practive
Practive operates through Mative 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 |
|---|---|---|---|---|---|---|---|
| Mative Private Limited CIN U74999RJ2018PTC063109 | Active | 27 Nov 2018 | Jalore, Rajasthan | ₹0.1 Cr | – | 2 | View details |
Products & Services of Practive
Practive offers a comprehensive portfolio of products and services, including Practive Software, WhatsApp AI Assistant, and Data Export Feature.
Platform for task automation and client tracking in accounting firms.
AI-powered support for client interactions via WhatsApp.
Seamless data transfer to accounting software like Tally.
Apps and channels of Practive
Practive publishes 1 mobile app with over 1K+ downloads; its YouTube channel Practive has 175 subscribers and 9 videos.
Videos from Practive
The most watched videos on Practive's YouTube channel, Practive (175 subscribers). Click a video to play it here.
More on Practive.
Board of directors of Mative Private Limited (Practive)
Mative Private Limited is the primary company behind Practive. The board of Mative Private Limited currently have 2 directors; the longest-serving is Praveen Suthar, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Praveen Suthar DIN 08257954 | Director | 27 Nov 2018 | 7 yrs 10 mo | Mative Private Limited |
| Mukesh Suthar DIN 08258298 | Director | 27 Nov 2018 | 7 yrs 10 mo | Mative Private Limited |
Financials of Practive
Figures of Mative Private Limited, the primary company behind Practive, for FY 2024. Revenue was ₹13.3 Lakh (+377% year on year). Net loss was -₹14,429 (-1% margin). EBITDA was ₹36,568 (3% margin). Revenue has grown at a compounded annual rate of -43% over three years and +17% over five years.
- ₹13.3 LakhRevenue · FY 2024 · +377% YoY
- -₹14,429Net loss · -1% margin
- ₹36,568EBITDA · 3% margin
- ₹1 LakhPaid-up capital
- -43%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mative Private Limited are on its company page.
Detailed financial statements for Practive
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Practive
Practive has 9 listed competitors in our database, 7 of them funded. They include FloQast, Canopy, SafeSend, Silverfin and Suralink, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| floqast.com | 2013 | Los Angeles, United States | $291.85M | 518 | Automated account reconciliation is facilitated by a cloud-based platform. | |
| getcanopy.com | 2014 | Lehi, United States | $292.02M | 104 | Practice management software is offered for accounting professionals. | |
| safesend.com | 2008 | Ann Arbor, United States | – | 156 | Tax automation solutions are provided for accountants' digital return delivery. | |
| silverfin.com | 2013 | Ghent, Belgium | $34.52M | – | Cloud-based accounting workflow and practice management solutions for businesses | |
| suralink.com | 2014 | Salt Lake, United States | $6.29M | 38 | Workflow management software is provided for accounting firms' document handling. | |
| grasp.gg | 2020 | Paris, France | – | – | Grasp is focused on preventing errors in media buying. | |
| trullion.com | 2020 | New York, United States | $33.5M | – | AI-powered platform offering solutions for accountnats | |
| chaintrust.io | 2018 | Palaiseau, France | $3.06M | – | AI-enabled financial tools are provided for accountants' data automation. | |
| wiselayer.com | 2022 | New York, United States | $7.2M | – | AI-based workflow management solutions are provided for accountants. |
Detailed competitors of Practive
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Practive
The website of Practive (practive.in) receives about 24.2K visits a month and ranks #383,115 among all websites worldwide, #973 in Accounting and Auditing.
- Monthly visits24.2K
▼ 53.9% vs previous month
- Unique visitors6.7K
per month
- Global rank#383,115
among all websites
- Category rank#973
Finance · Accounting and Auditing
- Bounce rate17%
- Pages per visit17.0
- Average visit13 min 08 sec
- DevicesDesktop 82% · Mobile 18%
Websites whose visitors overlap most with Practive. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| linkmybooks.com | 100% | 73.8K | #474,574 | View details | |
| netgain.tech | 97% | 28.7K | #1,139,104 | View details | |
| growthforce.com | 74% | 22.1K | #1,399,043 | View details | |
| aofund.org | 55% | 94K | #439,490 | View details |
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Practive (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Practive
Practive was founded in 2015.
Practive is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Practive, Mative Private Limited, reported revenue of ₹13.3 Lakh for FY 2024, up 377% year on year.
Practive is a cloud-based office management software designed for chartered accountants and accounting firms. It helps organize tasks, track progress, automate communications, and export data to tools like Tally. The platform includes features for reminders, notifications, and secure data handling, allowing users to manage teams and clients efficiently. Based in India, it serves over 500 CAs and 3000 accountants across various cities, enhancing productivity and business growth through automation and analytics.
Practive offers Practive Software, WhatsApp AI Assistant, and Data Export Feature.
Practive operates through Mative Private Limited.
The legal entities of Practive currently have 2 directors, including Praveen Suthar, Mukesh Suthar.
Yes. Practive publishes Practive: CA Office Management, with over 1,000 downloads.