ZipBooks

Ahmedabad, India Founded: 2013 • Age: 13 yrs
Cloud-based accounting software is offered for small businesses.
Annual revenue $777,557 Latest available
Total funding $150,474 1 rounds
Employees 15 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About ZipBooks

ZipBooks is a company based in Ahmedabad (India) founded in 2013 by Hemal Jitendra Bhatt and Mohan Devumal Motiani. It operates as a SaaS (Software-as-a-Service) and Subscription Services. ZipBooks has raised $150.47 thousand across 1 funding round from investors including Nikul Patel and Nikul Patel. The company has 15 employees as of March 30, 2024. ZipBooks offers products and services including ZipBooks Accounting Software, Inventory Management, Sales and Purchase Modules, and CRM. ZipBooks operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.

  • Headquarter Ahmedabad, India
  • Employees 15 as on 30 Mar, 2024
  • Founders Hemal Jitendra Bhatt, Mohan Devumal Motiani
  • Sectors
    Technology
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  • Phone
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  • Website
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  • Legal Name Zipbooks Software Solutions Private Limited
  • Date of Incorporation 21 Jul, 2015
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $777.56 K (USD)
    21.58
    as on Mar 31, 2023
  • Net Profit
    $75.16 K (USD)
    30.06
    as on Mar 31, 2023
  • EBITDA
    $309.27 K (USD)
    99.61
    as on Mar 31, 2023
  • Total Equity Funding
    $150.47 K (USD)

    in 1 rounds

  • Latest Funding Round
    $150.47 K (USD), Angel Round

    Apr 13, 2016

  • Investors

    & 1 more

  • Employee Count
    15

    as on Mar 30, 2024

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Products & Services of ZipBooks

ZipBooks offers a comprehensive portfolio of products and services, including ZipBooks Accounting Software, Inventory Management, Sales and Purchase Modules, and CRM.

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Primary

Cloud-based solution for managing accounts and financial operations.

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Tool for tracking and managing business inventory efficiently.

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Modules for handling sales and purchase transactions seamlessly.

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System for managing customer interactions and business relationships.

Funding Insights of ZipBooks

ZipBooks has successfully raised a total of $150.47K through 1 strategic funding round. The most recent funding activity was a Angel Round of $150.47 thousand completed in April 2016. 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 ZipBooks

ZipBooks has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Nikul Patel and Nikul Patel.

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Angel
Investor Description Founded Year Domain Location

Nikul Patel

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Nikul Patel

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Investor details for ZipBooks

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by ZipBooks

Investments
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Investment portfolio details for ZipBooks

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Financial Statements - ZipBooks

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Detailed financials for ZipBooks

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  • Profit trends
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Zipbooks Comparisons

ZipBooks Primary company
Description
Cloud-based accounting software is offered for small busines...
Location
Ahmedabad, India
Founded Year
2013
Annual Revenue
$777.56 K (USD)
Net Profit
$75.16 K (USD)
EBITDA
$309.27 K (USD)
Employees
15
As of 2024
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Peer comparison for ZipBooks

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Competitors of ZipBooks

ZipBooks 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, Xero, Wave and FreshBooks, among others.

Company Name Domain Founded year HQ Location Description
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based accounting and payment management is offered for small businesses.
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Web-based accounting software is offered for business use.
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Cloud-based invoicing and accounting software is offered for businesses.
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Technology-enabled accounting and finance solutions are offered for SMBs.
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Detailed competitors of ZipBooks

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Latest news on Zipbooks

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Complete news archive for ZipBooks

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Frequently Asked Questions about ZipBooks

ZipBooks was founded in 2013 and raised its 1st funding round 3 years after it was founded.

ZipBooks is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Mohan Devumal Motiani is the current CEO of ZipBooks. They have also founded this company.

ZipBooks is a funded company, having raised a total of $150.47K across 1 funding round to date.

As of Mar 30, 2024, the latest employee count at ZipBooks is 15.

Annual revenue of ZipBooks is $777.56K as on Mar 31, 2023.

Comprehensive cloud-based accounting and inventory software is offered by ZipBooks for small and growing businesses in India. Financial operations are streamlined through integrated modules for accounts, sales, purchases, inventory, and CRM. The solution is designed to enhance productivity by providing secure, scalable, and accessible tools that can be used anywhere, anytime. Data safety and robust access control are ensured to protect business information. The software supports GST compliance and is tailored to simplify financial management for users without prior accounting knowledge. Businesses are enabled to make informed decisions with real-time financial insights.

ZipBooks's top competitors include Intuit, Visma and Clear.

ZipBooks offers ZipBooks Accounting Software, Inventory Management, Sales and Purchase Modules, and CRM.

ZipBooks has 2 investors. Key investors include Nikul Patel, and Nikul Patel.

The valuation of ZipBooks is $454.82K as of Apr 2016.

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