About SynProSoft
SynProSoft is a company based in Chennai (India) founded in 2006 by Badri Seshadri and K Satyanarayan.. SynProSoft has raised $4.84 million across 6 funding rounds from investors including GoFrugal Technologies, Beacon India and Seetharaman Kannan. The company has 84 employees as of September 01, 2025. SynProSoft offers products and services including Zoho Consulting, Custom Application Development, and Ongoing Maintenance and Support. SynProSoft operates in a competitive market with competitors including Shanghai Hande Information Technology, Forterro, The Hackett Group, Enprise and SSA Global, among others.
- Headquarter Chennai, India
- Employees 84 as on 01 Sep, 2025
- Founders Badri Seshadri, K Satyanarayan
- Stage Minicorn
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Sectors
Business ServicesTechnology
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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 New Horizon Media Private Limited
- Date of Incorporation 18 Feb, 2004
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$697.2 K (USD)9.2as on Mar 31, 2020
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Net Profit
$-28.52 K (USD)84.17as on Mar 31, 2020
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EBITDA
$-66.23 K (USD)61.98as on Mar 31, 2020
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Total Equity Funding
$4.84 M (USD)
in 6 rounds
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Latest Funding Round
$152.95 K (USD), Series A
May 23, 2012
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Investors
GoFrugal Technologies
& 6 more
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Employee Count
84
as on Sep 01, 2025
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Products & Services of SynProSoft
SynProSoft offers a comprehensive portfolio of products and services, including Zoho Consulting, Custom Application Development, and Ongoing Maintenance and Support. 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.
Expert guidance on Zoho products for business optimization
Creating tailored apps using Zoho Creator for specific needs
Providing continuous updates and assistance for IT systems
Funding Insights of SynProSoft
SynProSoft has successfully raised a total of $4.84M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $152.95 thousand completed in May 2012. 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $152,950
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First Round
First Round
(15 Jul 2006)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Series A - SynProSoft | Valuation | Gofrugal |
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| Dec, 2011 | Amount | Series A - SynProSoft | Valuation | Gofrugal |
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| Jun, 2010 | Amount | Series A - SynProSoft | Valuation | Gofrugal |
| 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 |
Investors in SynProSoft
SynProSoft has secured backing from 7 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include GoFrugal Technologies, Beacon India and Seetharaman Kannan. 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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Private equity investments in Indian financial services and fintech.
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Founded Year | Domain | Location | |
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Venture capital funding is provided by Emergic from Mumbai base.
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Founded Year | Domain | Location | |
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Offers ERP solutions for retail, restaurant, and distribution operations.
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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 SynProSoft
| 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 - SynProSoft
| 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 |
Synprosoft Comparisons
Competitors of SynProSoft
SynProSoft 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 Shanghai Hande Information Technology, Forterro, The Hackett Group, Enprise and SSA Global, 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 |
ERP consulting and implementation services are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Provider of specialized software solutions for industrial businesses
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| domain | founded_year | HQ Location |
ERP consulting and advisory services are delivered to global clients.
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| domain | founded_year | HQ Location |
ERP implementation services for MYOB software are provided.
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| domain | founded_year | HQ Location |
Extended ERP solutions are provided for manufacturing and distribution sectors.
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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 SynProSoft
When was SynProSoft founded?
SynProSoft was founded in 2006.
Where is SynProSoft located?
SynProSoft is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of SynProSoft?
Badri Seshadri is the current CEO of SynProSoft. They have also founded this company.
Is SynProSoft a funded company?
SynProSoft is a funded company, having raised a total of $4.84M across 6 funding rounds to date. The company's 1st funding round was a Series A of $281.22K, raised on Jul 15, 2006.
How many employees does SynProSoft have?
As of Sep 01, 2025, the latest employee count at SynProSoft is 84.
What is the annual revenue of SynProSoft?
Annual revenue of SynProSoft is $697.2K as on Mar 31, 2020.
What does SynProSoft do?
SynProSoft was established in 2006 in Chennai, India, by co-founders Badri Seshadri, who serves as CEO and MD, and K Satyanarayan. Operations are conducted in the information technology sector, where a range of IT services suite solutions is offered. These include software development, consulting, and support tailored to client needs. The company maintains its base in India, serving various technological requirements across industries.
Who are the top competitors of SynProSoft?
SynProSoft's top competitors include The Hackett Group, Shanghai Hande Information Technology and TechNVision Ventures.
What products or services does SynProSoft offer?
SynProSoft offers Zoho Consulting, Custom Application Development, and Ongoing Maintenance and Support.
Who are SynProSoft's investors?
SynProSoft has 7 investors. Key investors include GoFrugal Technologies, Beacon India, Seetharaman Kannan, Emergic, and Anantha Kumar Rajagopalachari.
What is SynProSoft's valuation?
The valuation of SynProSoft is $4.22M as of May 2012.
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