About ZipBooks
ZipBooks is a Technology company based in Ahmedabad (India) founded in 2013 by Hemal Jitendra Bhatt and Mohan Devumal Motiani. Cloud-based accounting software is offered for small businesses. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. ZipBooks has raised $150.47 thousand across 1 funding round from investors including Nikul Patel and Nikul Patel. The company has 15 employees. ZipBooks was last valued at $454.82 thousand in April 2016. Its chief executive, as recorded, is Mohan Devumal Motiani. Its Indian entity Zipbooks Software Solutions Private Limited reported revenue of ₹8.70 Cr. ZipBooks offers products and services including ZipBooks Accounting Software, Inventory Management, Sales and Purchase Modules, and CRM. Its focus areas include Software and Accounting Software.
Company details
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.
- Headquarters Ahmedabad, India
- Employees 15
- Founders Hemal Jitendra Bhatt, Mohan Devumal Motiani
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website zipbooks.in
- Social LinkedIn X Facebook
- Legal Name Zipbooks Software Solutions Private Limited
- Date of Incorporation 21 Jul, 2015
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹8.70 Cr
FY 2025 · -2% YoY
- Net Profit₹86.9 Lakh
FY 2025 · 10% margin
- EBITDA₹2.07 Cr
FY 2025 · 24% margin
- Total Equity Funding$150.47K (USD)
in 1 rounds
- Latest Funding Round$150.47K (USD), Angel Round
Apr 2016
- Employee Count15
Associated legal entities of ZipBooks
ZipBooks operates through Zipbooks Software Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zipbooks Software Solutions Private Limited CIN U72100GJ2015PTC083896 | Active | 21 Jul 2015 | Ahmedabad, Gujarat | ₹8.7 Cr | 15 | 3 | View details |
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.
Cloud-based solution for managing accounts and financial operations.
Tool for tracking and managing business inventory efficiently.
Modules for handling sales and purchase transactions seamlessly.
System for managing customer interactions and business relationships.
Apps and channels of ZipBooks
ZipBooks publishes 2 mobile apps with over 2K+ downloads.
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.
- Total Funding $150,474
- Total Rounds 1
- Last Round Angel Round — $150,474
- First Round $150,474
(Apr 2016)
- Investors Count 2
All 1 funding rounds of ZipBooks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2016 | $150,474 | Angel Round | $454,822 | Nikul Patel, Nikul Patel | – |
Last known valuation $454,822 (Apr 2016). 2 investors in total: 0 institutional and 2 angel.
Investors in ZipBooks
ZipBooks has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Nikul Patel and Nikul Patel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
NP Nikul Patel | unknown_312702cc53be4b9aa | |||
NP Nikul Patel | unknown_59b25c4e633f441aa |
Investor details for ZipBooks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zipbooks Software Solutions Private Limited (ZipBooks)
Zipbooks Software Solutions Private Limited is the primary company behind ZipBooks. The board of Zipbooks Software Solutions Private Limited currently have 3 directors; the longest-serving is Hemal Jitendra Bhatt, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hemal Jitendra Bhatt DIN 01455630 | Director | 21 Jul 2015 | 11 yrs 3 mo | Zipbooks Software Solutions Private Limited |
| Mohan Devumal Motiani DIN 02055333 | Managing Director | 21 Jul 2015 | 11 yrs 3 mo | Zipbooks Software Solutions Private Limited |
| Nikul Jagdishchandra Patel DIN 01339858 | Director | 13 Apr 2016 | 10 yrs 6 mo | Zipbooks Software Solutions Private Limited |
People of ZipBooks
3 people are tracked at ZipBooks (3 in leadership); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
| Director | Leadership |
Complete people profiles for ZipBooks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ZipBooks
Figures of Zipbooks Software Solutions Private Limited, the primary company behind ZipBooks, for FY 2025. Revenue was ₹8.70 Cr (-2% year on year). Net profit was ₹86.9 Lakh (10% margin). EBITDA was ₹2.07 Cr (24% margin). Revenue has grown at a compounded annual rate of +18% over three years and +20% over five years.
- ₹8.70 CrRevenue · FY 2025 · -2% YoY
- ₹86.9 LakhNet profit · 10% margin
- ₹2.07 CrEBITDA · 24% margin
- ₹1.6 LakhPaid-up capital
- 15Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zipbooks Software Solutions Private Limited are on its company page.
Detailed financial statements for ZipBooks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of ZipBooks
2 dated milestones of ZipBooks across 3 years, from founding to its latest funding, stage changes and deals.
- Founded ZipBooks is founded.
- Funding First funding round of $150K.
Web traffic of ZipBooks
Websites that share an audience with ZipBooks (zipbooks.in).
Websites whose visitors overlap most with ZipBooks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
manager.io | manager.io | 100% | #49,935 | – | |
| busy.in | 83% | 234.7K | #169,786 | View details | |
| google.co.in | 83% | 77M | #407 | View details | |
static.icmwebserv.com | static.icmwebserv.com | 83% | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 CEO of ZipBooks, as recorded in our data. They have also founded this company.
ZipBooks is a funded company, having raised a total of $150.47K across 1 funding round to date. The company's 1st funding round was a Angel Round of $150.47K, raised on Apr 2016.
ZipBooks has 15 employees.
The primary company behind ZipBooks, Zipbooks Software Solutions Private Limited, reported revenue of ₹8.70 Cr for FY 2025, down 2% year on year.
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 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.
ZipBooks operates through Zipbooks Software Solutions Private Limited.
The legal entities of ZipBooks currently have 3 directors, including Nikul Jagdishchandra Patel, Hemal Jitendra Bhatt, Mohan Devumal Motiani.