Zolvit

Chennai, India Founded: 2011 • Age: 15 yrs Minicorn
Platform offering business incorporation solutions

About Zolvit

Zolvit is a Professional & Legal Services company based in Chennai (India) founded in 2011 by Hrishikesh Datar. Platform offering business incorporation solutions. Zolvit has raised $15.36 million across 8 funding rounds from investors including Money Forward, InCorp Global and InCorp Advisory. The company has 3 employees. Zolvit was last valued at $27.71 million in November 2024. Its chief executive, as recorded, is Hrishikesh Datar. Its website zolvit.com draws about 28 thousand monthly visits. Its Indian entity Uber9 Business Process Services Private Limited reported revenue of β‚Ή37.21 Cr. Zolvit offers products and services including Company Registration, Trademark Registration, ITR Filing, and FSSAI Registration. Its focus areas include Enterprise Applications, Legal Tech, Tech Enabled Service and Suite. Its competitors include Online Legal India, Wazzeer and Corpbiz; 1 of its 3 listed competitors has raised funding.

Company details

Zolvit was founded in 2011 in Chennai, India, as a platform focused on business incorporation within the legal and compliance sector. Services provided include legal consultations, tax advisory, trademark registration, GST filing, and ongoing compliance management. Incorporation is enabled for entities such as private limited companies, limited liability partnerships, and firms. Additionally, legal practice management software is offered, incorporating tools for research, billing, case tracking, and client oversight.

  • Headquarters Chennai, India
  • Employees 3
  • Founders Hrishikesh Datar
  • Stage Minicorn
  • Sectors
    Professional & Legal Services
  • Website category Finance · Accounting and Auditing
  • Email
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  • Phone
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  • Website zolvit.com
  • Social LinkedIn
  • Legal Name Uber9 Business Process Services Private Limited
  • Date of Incorporation 10 Dec, 2014
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹37.21 Cr

    FY 2023 · +17% YoY

  • Net Loss
    -₹16.50 Cr

    FY 2023 · -44% margin

  • EBITDA
    -₹10.72 Cr

    FY 2023 · -29% margin

  • Total Equity Funding
    $15.36M (USD)

    in 8 rounds

  • Latest Funding Round
    $996.2K (USD), Series A

    Nov 2024

  • Investors
  • Employee Count
    3

Products & Services of Zolvit

Zolvit offers a comprehensive portfolio of products and services, including Company Registration, Trademark Registration, ITR Filing, and FSSAI Registration.

Company Registration
Business Setup

Service for registering companies in India for legal compliance.

Trademark Registration
Intellectual Property

Platform for trademark filing and protection in India.

ITR Filing
Tax Services

Assistance with income tax returns for individuals and businesses.

FSSAI Registration
Licenses

Service to obtain food safety licenses for businesses.

Funding Insights of Zolvit

Zolvit has successfully raised a total of $15.36M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $996.2 thousand completed in November 2024. 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 $15.36M
  • Total Rounds 8
  • Last Round Series A β€” $996,198
  • First Round $494,129

    (May 2016)

  • Investors Count 8

All 8 funding rounds of Zolvit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$996,198Series A$27.71MMoney Forward
–
May 2024$1.2MAngel Round$35.55M–
–
Jun 2023$1.45MSeries A$β€’β€’β€’β€’β€’InCorp
Oct 2021$10MSeries A–InCorp
–
May 2020$499,419Angel Round$β€’β€’β€’β€’β€’Sujeet Kumar
Oct 2019$522,925Angel Round$‒‒‒‒‒–
–
Mar 2018$199,313Seed$β€’β€’β€’β€’β€’Chugh
–
May 2016$494,129Angel Round$‒‒‒‒‒–
–
Valuation history
DateValuationStage
Nov 2024$27.71Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2024$35.55Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2023$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Zolvit

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Last known valuation $27.71M (Nov 2024). 8 investors in total: 4 institutional and 4 angel.

Investors in Zolvit

Zolvit has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include Money Forward, InCorp Global and InCorp Advisory.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Money Forward is engaged in providing financial technology solutions.
2012moneyforward.comMinato City, Japan
InCorp Advisory is engaged in financial advisory and business consulting.
2019incorpadvisory.inMumbai, India
Accounting and tax-related services are provided in Singapore.
2015incorp.asiaSingapore, Singapore

Abhay Parasnis

Tech executive turned angel investor, ex-Adobe CTO, active in startups
unknown_a3747eb2880341eab

Sujeet Kumar

Co-founder of Udaan, prominent angel investor in Indian startups
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Mehul Uday Nanavati

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Hrishikesh Datar

Founder of Vakilsearch, angel investor in Indian startups
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chugh.com
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Investor details for Zolvit

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Board of directors of Uber9 Business Process Services Private Limited (Zolvit)

Uber9 Business Process Services Private Limited is the primary company behind Zolvit. The boards of the 2 registered companies of Zolvit currently have 5 directors; the longest-serving is Hrishikesh Arvind Datar, appointed in 2011. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hrishikesh Arvind Datar
DIN 03579970
Director09 Sep 201115 yrs 1 moVakilsearch Legal Solutions Private Limited, Uber9 Business Process Services Private Limited
Himani Arvind Datar
DIN 03579990
Director09 Sep 201115 yrs 1 moVakilsearch Legal Solutions Private Limited, Uber9 Business Process Services Private Limited
Inderpreet Singh Chadha
DIN 09372376
Nominee Director02 Dec 20214 yrs 10 moUber9 Business Process Services Private Limited
Krishankumar Wadhwa
DIN 08621812
Director03 Oct 20233 yrsVakilsearch Legal Solutions Private Limited, Uber9 Business Process Services Private Limited
Krishnaswamy Sarada
DIN 10494688
Director06 Feb 20242 yrs 8 moVakilsearch Legal Solutions Private Limited

People of Zolvit

1 people are tracked at Zolvit (1 in leadership); the tracked headcount is 3.

NameRoleGroup
Founder & CEOLeadership
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Financials of Zolvit

Figures of Uber9 Business Process Services Private Limited, the primary company behind Zolvit, for FY 2023. Revenue was ₹37.21 Cr (+17% year on year). Net loss was -₹16.50 Cr (-44% margin). EBITDA was -₹10.72 Cr (-29% margin). Revenue has grown at a compounded annual rate of +24% over three years and +27% over five years.

  • ₹37.21 CrRevenue · FY 2023 · +17% YoY
  • -₹16.50 CrNet loss · -44% margin
  • -₹10.72 CrEBITDA · -29% margin
  • ₹3.8 LakhPaid-up capital
  • 3Employees (provident fund records)
  • +24%Revenue CAGR, 3 years
  • +27%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Uber9 Business Process Services Private Limited are on its company page.

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Timeline of Zolvit

4 dated milestones of Zolvit across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Zolvit is founded.
  2. Funding First funding round of $494K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $996K.

Competitors of Zolvit

Zolvit has 3 listed competitors in our database, 1 of them funded. They include Online Legal India, Wazzeer and Corpbiz.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
onlinelegalindia.com2019Kolkata, India269
Offers comprehensive legal advice and services through an online platform.
wazzeer.com2015Bengaluru, India$191,513
Legal, accounting, and HR services are provided by Wazzeer.
corpbiz.io2019Noida, India
Offers services for company incorporation, registration, legal documentation, and compliance.
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Detailed competitors of Zolvit

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Web traffic of Zolvit

The website of Zolvit (zolvit.com) receives about 28.4K visits a month and ranks #1,048,435 among all websites worldwide, #2,591 in Accounting and Auditing.

  • Monthly visits
    28.4K

    ▼ 9.1% vs previous month

  • Unique visitors
    15K

    per month

  • Global rank
    #1,048,435

    among all websites

  • Category rank
    #2,591

    Finance · Accounting and Auditing

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
legalkart.com
100%
94K#362,342View details
myonlineca.in
92%
40.8K#792,363View details
legalraasta.com
88%
32.6K#1,312,425View details
dscsignature.com
88%
#4,030,671View details
e-startupindia.com
88%
50K#673,984View details
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 Zolvit

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Frequently Asked Questions about Zolvit

Zolvit was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Zolvit is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Hrishikesh Datar is the CEO of Zolvit, as recorded in our data. They have also founded this company.

Zolvit is a funded company, having raised a total of $15.36M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $494.13K, raised on May 2016.

Zolvit has 3 employees.

The primary company behind Zolvit, Uber9 Business Process Services Private Limited, reported revenue of β‚Ή37.21 Cr for FY 2023, up 17% year on year.

Zolvit was founded in 2011 in Chennai, India, as a platform focused on business incorporation within the legal and compliance sector. Services provided include legal consultations, tax advisory, trademark registration, GST filing, and ongoing compliance management. Incorporation is enabled for entities such as private limited companies, limited liability partnerships, and firms. Additionally, legal practice management software is offered, incorporating tools for research, billing, case tracking, and client oversight.

Zolvit's top competitors include Online Legal India, Wazzeer and Corpbiz.

Zolvit offers Company Registration, Trademark Registration, ITR Filing, and FSSAI Registration.

Zolvit has 8 investors. Key investors include Money Forward, InCorp Global, InCorp Advisory, Abhay Parasnis, and Chugh.

The valuation of Zolvit is $27.71M as of Nov 2024.

Zolvit is associated with 2 legal entities: Uber9 Business Process Services Private Limited, Vakilsearch Legal Solutions Private Limited.

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