About Winjit
Winjit is a company based in Nashik (India) founded in 2004 by Ashwin Kandoi and Abhijit Junagade. 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 as of March 31, 2024. Winjit operates in a competitive market with competitors including PubNub, ThingWorx, Seebo, Losant and ClearBlade, among others.
- Headquarter Nashik, India
- Employees 916 as on 31 Mar, 2024
- Founders Ashwin Kandoi, Abhijit Junagade
- Stage Minicorn
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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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Annual Revenue
$17.83 M (USD)40as on Mar 31, 2023
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Net Profit
$1.71 M (USD)-42as on Mar 31, 2023
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EBITDA
$3.02 M (USD)-34as on Mar 31, 2023
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Total Equity Funding
$2.93 M (USD)
in 4 rounds
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Latest Funding Round
$1.05 M (USD), Seed
Aug 13, 2020
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Investors
RIB Software
& 23 more
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Employee Count
916
as on Mar 31, 2024
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People of Winjit
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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.
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.
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UPVC windows, doors, louvers, and ventilators are manufactured in Bengaluru.
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Provider of 5D BIM solution to construction project management
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Cloud-based project management software is offered for construction projects.
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Investor details for Winjit
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Investments & Acquisitions by Winjit
Investment portfolio details for Winjit
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Financial Statements - Winjit
Detailed financials for Winjit
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Winjit Comparisons
Peer comparison for Winjit
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Competitors of Winjit
Winjit 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 PubNub, ThingWorx, Seebo, Losant and ClearBlade, among others.
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Real-time app development is facilitated via cloud-based infrastructure.
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Platform to build and run applications for connected devices
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Cloud-based digital twin platform for IoT lifecycle management is provided.
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Cloud-based platform for IoT application development is provided.
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Provider of cloud-based edge computing platform
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Detailed competitors of Winjit
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Latest news on Winjit
Complete news archive for 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 current CEO of Winjit. They have also founded this company.
Winjit is a funded company, having raised a total of $2.93M across 4 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Winjit is 916.
Annual revenue of Winjit is $17.83M as on Mar 31, 2023.
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.