About Zwing
Zwing is a company based in Pune (India) founded in 2016 by Rishabh Shukla was acquired by Ginesys in November 2018. Zwing operates in a competitive market with competitors including Ezetap, ITAB, Innoviti, QueueBuster and Evolute, among others.
- Headquarter Pune, India
- Founders Rishabh Shukla
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website zwing.in
- Social LinkedIn X
- Acquired by Ginesys (Nov 2018)
- Legal Name Roxfortech Infosolutions Private Limited
- Date of Incorporation 23 May, 2017
- Jurisdiction Gurugram, Haryana, India
Associated legal entities of Zwing
Zwing operates through Roxfortech Infosolutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Roxfortech Infosolutions Private Limited CIN U74999HR2017PTC104079 | Active | 23 May 2017 | Gurugram, Haryana | ₹1.9 Cr | – | 3 | View details |
Investors in Zwing
Zwing has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ginesys.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based ERP solutions for retail operations are provided. | 2006 | ginesys.in | Gurugram, India |
Investor details for Zwing
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Board of directors of Roxfortech Infosolutions Private Limited (Zwing)
Roxfortech Infosolutions Private Limited is the primary company behind Zwing. The board of Roxfortech Infosolutions Private Limited currently have 3 directors; the longest-serving is Rishabh Shukla, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rishabh Shukla DIN 07800192 | Director | 23 May 2017 | 9 yrs 4 mo | Roxfortech Infosolutions Private Limited |
| Prashant Lohia DIN 00252861 | Director | 01 Aug 2018 | 8 yrs 2 mo | Roxfortech Infosolutions Private Limited |
| Harsh Nahata DIN 03583195 | Director | 15 Dec 2020 | 5 yrs 9 mo | Roxfortech Infosolutions Private Limited |
People of Zwing
1 people are tracked at Zwing (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Zwing
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Financials of Zwing
Figures of Roxfortech Infosolutions Private Limited, the primary company behind Zwing, for FY 2024. Revenue was ₹1.85 Cr (+7% year on year). Net loss was -₹22,560. EBITDA was ₹1.40 Cr (76% margin). Revenue has grown at a compounded annual rate of +66% over three years and +178% over five years.
- ₹1.85 CrRevenue · FY 2024 · +7% YoY
- -₹22,560Net loss
- ₹1.40 CrEBITDA · 76% margin
- ₹10 LakhPaid-up capital
- +66%Revenue CAGR, 3 years
- +178%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Roxfortech Infosolutions Private Limited are on its company page.
Detailed financial statements for Zwing
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Timeline of Zwing
2 dated milestones of Zwing across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Zwing is founded.
- Exit Acquired by Ginesys.
Competitors of Zwing
Zwing 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 Ezetap, ITAB, Innoviti, QueueBuster and Evolute, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| itab.com | 1978 | Jonkoping, Sweden | – | 6 | Self-checkout solutions are provided for retail businesses worldwide. | |
| innoviti.com | 2002 | Bengaluru, India | $141.01M | 198 | Integrated online and offline payment solutions are provided for businesses. | |
| queuebuster.co | 2016 | Noida, India | $8.1M | 92 | All-in-one POS and business management system is provided. | |
| evolute.in | 1970 | Mumbai, India | $240,671 | 213 | Embedded systems for fintech and payments are designed and manufactured. | |
| everseen.com | 2007 | Cork, Ireland | $84.33M | 7 | AI-based theft detection is offered for offline retail stores. | |
| perpule.com | 2016 | Bengaluru, India | $6.36M | 6 | App-based self-checkout is enabled for offline retail stores. | |
| snapbizz.com | 2013 | Bengaluru, India | $8.9M | 78 | Cloud-connected POS solutions are offered for small retailers. | |
| effiasoft.com | 2012 | Hyderabad, India | $447,516 | 193 | Cloud-based ERP solutions are provided for small and medium businesses. |
Detailed competitors of Zwing
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Latest news on Zwing
Complete news archive for Zwing
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Similar companies to Zwing
10 companies that operate in the same segment as Zwing (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | – | – | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | – | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Finland | USD 816.41 M | – | – |
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Frequently Asked Questions about Zwing
Zwing was founded in 2016.
Zwing is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Rishabh Shukla is the current CEO of Zwing. They have also founded this company.
The primary company behind Zwing, Roxfortech Infosolutions Private Limited, reported revenue of ₹1.85 Cr for FY 2024, up 7% year on year.
Founded in 2016 and based in Pune, India, Zwing operates in the retail technology sector. A mobile application is utilized by customers to scan store QR codes at entrances for access to self-checkout features in partner outlets. Product codes are scanned for selection, followed by payments processed through mobile devices, supporting transactions in physical retail environments.
Zwing has 1 investor. Key investors include Ginesys.
Zwing operates through Roxfortech Infosolutions Private Limited.
Yes. Zwing was acquired by Ginesys in November 2018.
The legal entities of Zwing currently have 3 directors, including Prashant Lohia, Harsh Nahata, Rishabh Shukla.