About Reylon
Reylon is a company based in Bengaluru (India) founded in 2000 by Shamji L Patel, Mohan S, Nagendra H S, and Nitin S Patel.. The company has 488 employees as of April 06, 2024. Reylon offers products and services including Saral TDS, Saral PayPack, Saral GST, Saral IncomeTax, and Saral Accounts. Reylon operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.
- Headquarter Bengaluru, India
- Employees 488 as on 06 Apr, 2024
- Founders Shamji L Patel, Mohan S, Nagendra H S, Nitin S Patel
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Relyon Softech Limited
- Date of Incorporation 04 Aug, 2000
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$4.9 M (USD)14.38as on Mar 31, 2023
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Net Profit
$498.82 K (USD)3.39as on Mar 31, 2023
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EBITDA
$838.81 K (USD)4.01as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
488
as on Apr 06, 2024
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Products & Services of Reylon
Reylon offers a comprehensive portfolio of products and services, including Saral TDS, Saral PayPack, Saral GST, Saral IncomeTax, and Saral Accounts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for TDS compliance and electronic filing of returns.
Tool for managing payroll from attendance tracking to payslip generation.
Solution for GST return filing and compliance requirements.
Platform for bulk income tax filing and management.
Software for inventory and balance sheet accounting tasks.
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Funding Insights of Reylon
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2009 | Amount | Seed - Reylon | Valuation | Ramji A Patel |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Reylon
Reylon has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ramji A Patel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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RA
Ramji A Patel |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reylon
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Reylon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reylon Comparisons
Competitors of Reylon
Reylon 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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial and accounting software is developed for businesses and individuals.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for business management across segments.
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| domain | founded_year | HQ Location |
Technology-enabled accounting and finance solutions are offered for SMBs.
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| domain | founded_year | HQ Location |
Web-based accounting software is offered for business use.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payment management is offered for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and accounting software is offered for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Reylon
When was Reylon founded?
Reylon was founded in 2000 and raised its 1st funding round 9 years after it was founded.
Where is Reylon located?
Reylon is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Reylon?
Nagendra H S is the current CEO of Reylon. They have also founded this company.
How many employees does Reylon have?
As of Apr 06, 2024, the latest employee count at Reylon is 488.
What is the annual revenue of Reylon?
Annual revenue of Reylon is $4.9M as on Mar 31, 2023.
What does Reylon do?
Reylon was founded in 2000 and is headquartered in Bengaluru, India. Software platforms for accounting management are developed, focusing on invoice processing, payroll handling, tax and e-filing, compliance tracking, and inventory control. These tools are designed for business use, supporting operational efficiency in the financial sector across various scales. Operations remain centered in the software technology domain.
What products or services does Reylon offer?
Reylon offers Saral TDS, Saral PayPack, Saral GST, Saral IncomeTax, and Saral Accounts.
Who are Reylon's investors?
Reylon has 1 investor. Key investors include Ramji A Patel.