RealBooks

Kolkata, India Founded: 2012 • Age: 14 yrs
Cloud-based accounting solutions are provided for small businesses.
Annual revenue $502,257 Latest available
Total funding $3.7M 3 rounds
Employees 59 Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About RealBooks

RealBooks is a company based in Kolkata (India) founded in 2012 by Neeraj Kumar Jain and Anurag Mohta. RealBooks has raised $3.73 million across 3 funding rounds from investors including IndiaMART, Akshara Motors and Cauvery Motors. The company has 59 employees as of April 08, 2024. RealBooks operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.

  • Headquarter Kolkata, India
  • Employees 59 as on 08 Apr, 2024
  • Founders Neeraj Kumar Jain, Anurag Mohta
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Adansa Solutions Private Limited
  • Date of Incorporation 22 May, 1973
  • Jurisdiction Kolkata, West Bengal, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $502.26 K (USD)
    17.72
    as on Mar 31, 2023
  • Net Profit
    -$276.85 K (USD)
    -233.77
    as on Mar 31, 2023
  • EBITDA
    -$354.3 K (USD)
    -1742.41
    as on Mar 31, 2023
  • Total Equity Funding
    $3.73 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.69 M (USD), Series A

    Apr 06, 2022

  • Investors
    IndiaMART

    & 9 more

  • Employee Count
    59

    as on Apr 08, 2024

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People of RealBooks

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Neeraj Kumar Jain
Co Founder & CEO
People
Anurag Mohta
Co-Founder & CMO

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Teams

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Funding Insights of RealBooks

RealBooks has successfully raised a total of $3.73M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.69 million completed in April 2022. 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 RealBooks

RealBooks has secured backing from 10 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include IndiaMART, Akshara Motors and Cauvery Motors.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments are directed toward multiple sectors.
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Dealer of motor vehicles
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-
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Investor details for RealBooks

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by RealBooks

Investments
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Investment portfolio details for RealBooks

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  • Portfolio identities
  • Transaction dates
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Financial Statements - RealBooks

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Detailed financials for RealBooks

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  • Profit trends
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Realbooks Comparisons

RealBooks Primary company
Description
Cloud-based accounting solutions are provided for small busi...
Location
Kolkata, India
Founded Year
2012
Annual Revenue
$502.26 K (USD)
Net Profit
-$276.85 K (USD)
EBITDA
-$354.3 K (USD)
Employees
59
As of 2024
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Peer comparison for RealBooks

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Competitors of RealBooks

RealBooks 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, Xero, Wave and FreshBooks, 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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Cloud-based accounting and payment management is offered for small businesses.
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Web-based accounting software is offered for business use.
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Cloud-based invoicing and accounting software is offered for businesses.
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Technology-enabled accounting and finance solutions are offered for SMBs.
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Detailed competitors of RealBooks

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Latest news on Realbooks

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Complete news archive for RealBooks

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Frequently Asked Questions about RealBooks

RealBooks was founded in 2012 and raised its 1st funding round 3 years after it was founded.

RealBooks is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

RealBooks is a funded company, having raised a total of $3.73M across 3 funding rounds to date.

As of Apr 08, 2024, the latest employee count at RealBooks is 59.

Annual revenue of RealBooks is $502.26K as on Mar 31, 2023.

RealBooks was founded in 2012 in Kolkata, India, focusing on the accounting software sector. Cloud-based tools are offered to small businesses for managing finances. Customized invoices are created, files attached to vouchers, and inventory tracked. Workflow approvals are implemented for efficiency. Services include GST filing support, invoicing processes, and cash flow oversight. Operations are centered in India.

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

RealBooks has 10 investors. Key investors include IndiaMART, Akshara Motors, Cauvery Motors, Rohit Kumar Jain, and Navaratan Mohta.

The valuation of RealBooks is $7.4M as of Apr 2022.

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