Winjit

Nashik, India Founded: 2004 • Age: 22 yrs Minicorn
IoT application development platform and mobility solutions are provided.

About Winjit

Winjit is a Technology company based in Nashik (India) founded in 2004 by Ashwin Kandoi and Abhijit Junagade. IoT application development platform and mobility solutions are provided. Winjit has raised $2.93 million across 4 funding rounds from investors including RIB Software, H.R.K.Enterprises and Ashwin Kandoi. The company has 916 employees. Winjit was last valued at $16.57 million in August 2020. Its chief executive, as recorded, is Abhijit Junagade. Its website winjit.com draws about 16 thousand monthly visits. Its Indian entity Winjit Technologies Private Limited reported revenue of β‚Ή205 Cr. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Platforms and Development platforms.

Company details

Provider of IoT application development platform. It focuses on customized enterprise mobility solutions, software and mobile app development services. Launched a gateway device management platform called Winjit IoT GDM in February 2016. Sensors collect data and send it back to Winjits gateway, where the information is made available through APIs. The solution includes a lightweight OS based on Arch Linux, open-source API access, local analytics a dashboard, live data streaming and offline data storage. Claims that the IoT solution can facilitate parking and traffic solutions for smart cities.

  • Headquarters Nashik, India
  • Employees 916
  • Founders Ashwin Kandoi, Abhijit Junagade
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website winjit.com
  • Social LinkedIn X Facebook
  • Legal Name Winjit Technologies Private Limited
  • Date of Incorporation 25 May, 2004
  • Jurisdiction Nashik, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹205 Cr

    FY 2025 · +31% YoY

  • Net Profit
    ₹22.57 Cr

    FY 2025 · 10% margin

  • EBITDA
    ₹32.22 Cr

    FY 2025 · 15% margin

  • Total Equity Funding
    $2.93M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.05M (USD), Seed

    Aug 2020

  • Investors
  • Employee Count
    916

Funding Insights of Winjit

Winjit has successfully raised a total of $2.93M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.05 million completed in August 2020. 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 $2.93M
  • Total Rounds 4
  • Last Round Seed β€” $1.05M
  • First Round $182,044

    (Sep 2013)

  • Investors Count 24

All 4 funding rounds of Winjit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2020$1.05MSeed$16.57MH.R.K.Enterprises
Aug 2019$1.62MSeed$16.57MRIB Software, MTWO
–
May 2015$78,300Angel Round$β€’β€’β€’β€’β€’Vivek Chandak
Sep 2013$182,044Seed$β€’β€’β€’β€’β€’Vijay Rishideo Shastri, Nitish Vijay Shastri
Valuation history
DateValuationStage
Aug 2020$16.57Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2019$16.57Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Winjit

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Verified entity values are shown only after access is granted.

Last known valuation $16.57M (Aug 2020). 24 investors in total: 4 institutional and 20 angel.

Investors in Winjit

Winjit has secured backing from 24 investors, including institutional and angel investors. Prominent investors backing the company include RIB Software, H.R.K.Enterprises and Ashwin Kandoi.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
UPVC windows, doors, louvers, and ventilators are manufactured in Bengaluru.
hrkenterprises.comBengaluru, India
Provider of 5D BIM solution to construction project management
1961rib-software.comStuttgart, Germany
Cloud-based project management software is offered for construction projects.
mtwocloud.comStuttgart, Germany

Ashwin Kandoi

Angel investor and entrepreneur, founder of Sapio Analytics, focused on tech startups
unknown_e9cca96d28d841f49

Abhijit Junagade

Angel investor and entrepreneur, focused on tech startups in India.
unknown_b766aed703c6467c8

Vivek Chandak

unknown_747733b832ef4c828

Manav Vishal Chandak

unknown_7650021c426b4f199

Rakhi Vivek Chandak

unknown_5ff40dbd093c4aeaa

Manisha Vishal Chandak

unknown_20c1118e4d684e65a
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Investor details for Winjit

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Board of directors of Winjit Technologies Private Limited (Winjit)

Winjit Technologies Private Limited is the primary company behind Winjit. The board of Winjit Technologies Private Limited currently have 5 directors; the longest-serving is Abhijit Ashok Junagade, appointed in 2004. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Abhijit Ashok Junagade
DIN 00713893
Director25 May 200422 yrs 5 moWinjit Technologies Private Limited
Ashwin Murari Kandoi
DIN 00713949
Director25 May 200422 yrs 5 moWinjit Technologies Private Limited
Tobias Franziskus Antonius Hamacher
DIN 10084885
Nominee Director24 Mar 20233 yrs 7 moWinjit Technologies Private Limited
Rene Alexander Wolf
DIN 10087554
Nominee Director29 Mar 20233 yrs 7 moWinjit Technologies Private Limited
Rolf Walter Helmes
DIN 10239675
Nominee Director21 Jul 20233 yrs 3 moWinjit Technologies Private Limited

People of Winjit

4 people are tracked at Winjit (3 in leadership, 1 in team); the tracked headcount is 916.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Abhay Malpure
VPLeadership
Winjit Hr ..
Winjit HRTeam
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Financials of Winjit

Figures of Winjit Technologies Private Limited, the primary company behind Winjit, for FY 2025. Revenue was ₹205 Cr (+31% year on year). Net profit was ₹22.57 Cr (10% margin). EBITDA was ₹32.22 Cr (15% margin).

  • ₹205 CrRevenue · FY 2025 · +31% YoY
  • ₹22.57 CrNet profit · 10% margin
  • ₹32.22 CrEBITDA · 15% margin
  • ₹1.46 CrPaid-up capital
  • 864Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Winjit Technologies Private Limited are on its company page.

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Detailed financial statements for Winjit

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Timeline of Winjit

4 dated milestones of Winjit across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Winjit is founded.
  2. Funding First funding round of $182K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.0M.

Web traffic of Winjit

The website of Winjit (winjit.com) receives about 16.3K visits a month.

  • Monthly visits
    16.3K

    ▼ 12.8% vs previous month

Similar websites

Websites whose visitors overlap most with Winjit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
esds.co.in
100%
43K#706,255View details
netwininfosolutions.com
netwininfosolutions.com
97%
#6,035,235–
itunes.apple.com
97%
25.4MView details
appworld.blackberry.com
appworld.blackberry.com
97%
–
apliman.com
apliman.com
92%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Winjit

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Frequently Asked Questions about Winjit

Winjit was founded in 2004 and raised its 1st funding round 9 years after it was founded.

Winjit is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.

Abhijit Junagade is the CEO of Winjit, as recorded in our data. They have also founded this company.

Winjit is a funded company, having raised a total of $2.93M across 4 funding rounds to date. The company's 1st funding round was a Seed of $182.04K, raised on Sep 2013.

Winjit has 916 employees.

The primary company behind Winjit, Winjit Technologies Private Limited, reported revenue of β‚Ή205 Cr for FY 2025, up 31% year on year.

Provider of IoT application development platform. It focuses on customized enterprise mobility solutions, software and mobile app development services. Launched a gateway device management platform called Winjit IoT GDM in February 2016. Sensors collect data and send it back to Winjits gateway, where the information is made available through APIs. The solution includes a lightweight OS based on Arch Linux, open-source API access, local analytics a dashboard, live data streaming and offline data storage. Claims that the IoT solution can facilitate parking and traffic solutions for smart cities.

Winjit has 24 investors. Key investors include RIB Software, H.R.K.Enterprises, Ashwin Kandoi, Abhijit Junagade, and MTWO.

The valuation of Winjit is $16.57M as of Aug 2020.

Winjit operates through Winjit Technologies Private Limited.

The legal entities of Winjit currently have 5 directors, including Abhijit Ashok Junagade, Ashwin Murari Kandoi, Rolf Walter Helmes and others.

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