About Recibo Technologies
Recibo Technologies is a Retail company based in Bengaluru (India) founded in 2016 by Chandan Ravishankar and Kunal Singhal. AI-powered SFA and distribution management for FMCG brands and distributors. It operates on a B2B and SaaS model. Its Indian entity Recibo Technologies Private Limited reported revenue of ₹1.01 Cr. Recibo Technologies offers products and services including Order Management, Distributor Management, B2B eCommerce, Field Force Management, and Business Intelligence. Its focus areas include Technology, Ecommerce Platforms, B2B Sales and Consumer.
Company details
Recibo is an advanced AI-powered platform offering sales force automation, distribution management, and B2B eCommerce for FMCG brands and distributors. It includes features like order management, inventory tracking, analytics, and offline invoicing. The solution supports vernacular languages and operates from locations in India, such as Bangalore and Gurugram, serving businesses with efficient omnichannel sales and distribution tools.
- Headquarters Bengaluru, India
- Founders Chandan Ravishankar, Kunal Singhal
- SectorsRetail
- Website recibotech.com
- Social Facebook
- Legal Name Recibo Technologies Private Limited
- Date of Incorporation 05 Jan, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.01 Cr
FY 2024 · -60% YoY
- Net Loss-₹5.1 Lakh
FY 2024 · -5% margin
- EBITDA₹3.7 Lakh
FY 2024 · 4% margin
Associated legal entities of Recibo Technologies
Recibo Technologies is associated with 2 registered companies on The Company Check; the primary company is Recibo Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Recibo Technologies Private Limited CIN U74999KA2017PTC099012 | Amalgamated | 05 Jan 2017 | Bangalore, Karnataka | ₹1.0 Cr | 2 | View details | |
| Eazy Erp Technologies Private Limited CIN U74140RJ2007PTC023992 | Active | 09 Mar 2007 | Bhiwadi, Rajasthan | ₹32.4 Cr | 209 | 3 | View details |
Products & Services of Recibo Technologies
Recibo Technologies offers a comprehensive portfolio of products and services, including Order Management, Distributor Management, B2B eCommerce, Field Force Management, and Business Intelligence.
Manages orders and sales processes for FMCG brands
Handles distributor networks and inventory tracking
Facilitates online trading and promotions for businesses
Tracks and optimizes field sales activities
Provides data insights for sales and performance
Board of directors of Recibo Technologies Private Limited (Recibo Technologies)
Recibo Technologies Private Limited is the primary company behind Recibo Technologies. The boards of the 2 registered companies of Recibo Technologies currently have 4 directors; the longest-serving is Kunal Singhal, appointed in 2007. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kunal Singhal DIN 00321534 | Director | 09 Mar 2007 | 19 yrs 7 mo | Eazy Erp Technologies Private Limited |
| Megha Singhal DIN 02980958 | Director | 01 May 2015 | 11 yrs 5 mo | Eazy Erp Technologies Private Limited |
| Dharneesh Balarangaiah DIN 07980717 | Director | 01 Sep 2017 | 9 yrs 1 mo | Recibo Technologies Private Limited, Eazy Erp Technologies Private Limited |
| Manasa DIN 07974271 | Director | 14 Jun 2021 | 5 yrs 4 mo | Recibo Technologies Private Limited |
People of Recibo Technologies
2 people are tracked at Recibo Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
Chandan Ravishankar | ex-Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Recibo Technologies
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Financials of Recibo Technologies
Figures of Recibo Technologies Private Limited, the primary company behind Recibo Technologies, for FY 2024. Revenue was ₹1.01 Cr (-60% year on year). Net loss was -₹5.1 Lakh (-5% margin). EBITDA was ₹3.7 Lakh (4% margin). Revenue has grown at a compounded annual rate of -2% over three years and +7% over five years.
- ₹1.01 CrRevenue · FY 2024 · -60% YoY
- -₹5.1 LakhNet loss · -5% margin
- ₹3.7 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- -2%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Recibo Technologies Private Limited are on its company page.
Detailed financial statements for Recibo Technologies
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Recibo Technologies (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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Related news about Recibo Technologies
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Frequently Asked Questions about Recibo Technologies
Recibo Technologies was founded in 2016.
Recibo Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Recibo Technologies, Recibo Technologies Private Limited, reported revenue of ₹1.01 Cr for FY 2024, down 60% year on year.
Recibo is an advanced AI-powered platform offering sales force automation, distribution management, and B2B eCommerce for FMCG brands and distributors. It includes features like order management, inventory tracking, analytics, and offline invoicing. The solution supports vernacular languages and operates from locations in India, such as Bangalore and Gurugram, serving businesses with efficient omnichannel sales and distribution tools.
Recibo Technologies offers Order Management, Distributor Management, B2B eCommerce, Field Force Management, and Business Intelligence.
Recibo Technologies is associated with 2 legal entities: Recibo Technologies Private Limited, Eazy Erp Technologies Private Limited.
The legal entities of Recibo Technologies currently have 4 directors, including Dharneesh Balarangaiah, Manasa, Kunal Singhal and others.