Company lists
The Gujarat edition · 2026

Finance & Accounting Techcompanies in Gujarat

Accounting software, tax & GST, invoicing & receivables, payroll, procurement & ERP and more: the companies building finance & accounting tech in Gujarat, with their founders, funding, team size and business models.

161 company profiles28 with reported revenue5 with recorded fundingOctober 2026 edition

Recent finance & accounting tech business events in India

Funding, M&A, contract wins and launches involving 2,313 finance & accounting tech companies in India, last 24 months: 56 Contracts · 33 M&A deals · 18 launches · 9 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Ran Ventures acquires Zaggle

RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.

Fintech SaaS
M&AAcquisition · Announced

Zaggle Prepaid Ocean Services acquires Dice

Zaggle Prepaid Ocean Services Ltd, a spend management solutions company, has said that its board has approved the transaction structure for the strategic acquisition of DICE. Zaggle has…

AI Spend Management Platform
ContractService

Zaggle Prepaid Ocean Services · client: Generali Central Insurance Company

Generali Central Insurance Company will now have access to the Zaggle Zoyer platform, thanks to an arrangement announced by Zaggle Prepaid Ocean Services.

Spend management
FundingPre-Series

Tartan

Fintech startup Tartan raised $4.5 milion in Pre-Series from 500 Global, InfoEdge Ventures, Naval Ravikant-backed AngelList Quant Fund, WorldQuant Ventures, Varanium GenNext Fund,…

Investors 500 global, InfoEdge Ventures, Naval Ravikant-backed AngelList Quant Fund, WorldQuant Ventures
Fintech
Funding

Aerchain

Tech startup Aerchain raised $13 million from Pavestone VC and IndiaMart.

Investors Pavestone VC, Indiamart
Tech
ContractTechnology

Ramco Systems · client: Tata advanced systems

Tata Advanced Systems Ltd (TASL) has chosen Ramco Systems‘ aviation software to digitally manage its upcoming maintenance, repair, and overhaul (MRO) facility for the Indian Air Force’s…

Defense
ContractTechnology

Ramco Systems · client: Sahar group

Ramco Systems Corporation, USA (RSC), a subsidiary of Ramco Systems Limited, has announced that Sahar Group, an aerospace services provider specialising in the UH-60 Black Hawk platform,…

Aerospace
LaunchTallyPrime Cloud Access

Tally solutions

Tally Solutions has migrated its TallyPrime Cloud Access platform to Oracle Cloud Infrastructure (OCI).

Cloud-based financial management
M&AMerger · Completed

Fincontrol acquires Osfin

At the end of August 2025, the two supervisory organisations (AO) for asset managers and trustees Fincontrol and Osfin announced that they would merge to join Osfincontrol.

M&AAcquisition · Completed

Ramco Management acquires Ramco Systems

Promoter Ramco Management has acquired 2.7 percent equity stake in Ramco Systems, the global enterprise software company, via open market transactions on February 3.

Enterprise Software
FundingSeries C

Xoxoday

Xoxoday, a global rewards, incentives, and Loyalty technology company, has raised a Series C round backed by its existing investors – Apis Partners & 57 Stars, marking a key milestone as…

Rewards, Incentives & Loyalty technology
LaunchTallyPrime 7.0

Tally solutions

Tally Solutions has launched TallyPrime 7.0 in the Middle East, adding automation, bilingual workflows, and built‑in compliance for SMEs.

Accounting software
M&AAcquisition · Announced

Acrophyte Asset Management acquires Suntec

Acrophyte plans to enter a conditional sale and purchase agreement with subsidiaries of ESR Group to acquire ESR’s 100 per cent indirect interest in the manager, Suntec Reit’s manager…

M&AAcquisition · Completed

Vyapar acquires Suvit

Vyapar, one of the country’s leading business management platforms, has fully acquired Suvit, an AI-powered automation accounting software recognized by the Institute of Chartered…

AI-driven accounting automation startup
LaunchEmbedded Invoicing & Accounting Suite

Refrens

Refrens, a global leader in invoicing and accounting solutions, today announced the launch of its next-generation Embedded Invoicing & Accounting Suite, designed to help software…

Embedded Invoicing & Accounting
LaunchKapittx

Kapittx

Pune-based Kapittx is emerging as an AI-native platform, helping enterprises tackle delayed receivables and limited cash‑flow visibility.

B2B payments / receivables management
LaunchPrudent AI Upfront

Prudent ai

In 2025, he led the launch of Prudent AI Upfront, a one‑touch prequalification platform that automates document collection and instantly calculates borrower income with 100% accuracy.

LaunchSunTec Xelerate Account Analysis Solution

Suntec business solutions

SunTec Business Solutions today announced the launch of its enhanced, AI-augmented Account Analysis Solution, designed to help US banks unlock deeper client insights, strengthen treasury…

Account Analysis Solution
M&AAcquisition · Announced

Choice international acquires Fintoo

Additionally, the company has acquired Fintoo’s insurance distribution business, encompassing its client portfolio, team, IT systems, and supporting infrastructure.

LaunchXelerate Deal Management

Suntec business solutions

SunTec Business Solutions has launched its upgraded Xelerate Deal Management platform, a enhancement that integrates artificial intelligence and end-to-end automation to revolutionise…

AI-powered deal management platform
ContractInfrastructure

Au small finance bank · client: Zaggle Prepaid Ocean Services

AU Small Finance Bank has announced a strategic partnership with Zaggle Prepaid Ocean Services Ltd, India’s leading spend management company.

Financial Services
ContractService

Mastercard Asia Pacific Pte. Ltd · client: Zaggle Prepaid Ocean Services

the company said it has "entered into an agreement" with Mastercard Asia Pacific Pte. Ltd to launch and promote co-branded domestic prepaid cards on the Mastercard network.

Prepaid card
LaunchEmbedded Invoicing & Accounting Suite

Refrens

Refrens, a global leader in invoicing and accounting solutions, today announced the launch of its next-generation Embedded Invoicing & Accounting Suite, designed to help software…

Embedded Finance
M&AAcquisition · Announced

India accelerator acquires Starters' CFO

India Accelerator (IA), a leading multi-stage VC fund, has announced the acquisition of Starters' CFO, a leading new age finance and accounting services provider for startups.

Finance and accounting services for startups
LaunchDigital CFO Version 1.0

Digital CFO

Digital CFO, a pioneering fintech platform developed by Chartered Accountants with deep domain expertise, today announced the nationwide launch of its Version 1.0 Cloud‑Native, AI‑Driven…

Cloud-native, AI-driven accounting and financial management software
ContractInfrastructure

Enzyme Office Spaces · client: Vyapar

Vyapar, an accounting software company, has leased 90,000 sq ft of customized commercial space at Enzyme Office Spaces' newly launched centre in Bengaluru.

Real Estate/Office Space
ContractService

Grant Thornton Bharat · client: Zaggle Prepaid Ocean Services

Under the terms of the agreement, Grant Thornton will act as a channel partner, offering Zaggle's flagship Spend Management platform to its roster of corporate clients and large enterprises.

Fintech
M&AAcquisition · Announced

Jindal stainless acquires Mynd solutions private limited

Jindal Stainless Limited (JSL) approves purchase of 5.03% stake in Mynd Solutions Private Limited, a trade receivables discounting system (TReDS) and supply chain financing platform…

FundingInvestment

Mynd solutions private limited

The company announced that it has approved the acquisition of a 5.03% stake in Mynd Solutions Private Limited. It is a Reserve Bank of India (RBI)-regulated trade receivable discounting…

TReDS and supply chain platform

Finance & Accounting Tech companies in Gujarat, by revenue

Browse finance & accounting tech companies in Gujarat by reported revenue, one-year revenue growth, revenue model, age and stage. The 28 companies below are the largest by their most recent reported revenue among 28 finance & accounting tech companies in Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 28

Accounting and financial management software

Finance & accounting tech
₹234.98 crFY 2024-25
+3%2024–2025
833LinkedIn · Jul 2026
26 yr2000
3postings · last posted Sep 2026

Finance and Accounting Management for NGO's

Finance & accounting tech
₹35.08 crFY 2024-25
Not reported
79LinkedIn · Jul 2026
29 yr1997
0none in 3 months

On-premise accounting suite

Finance & accounting tech
₹14.59 crFY 2024-25
+7%2024–2025
188-4% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Developer of Fintech applications and software solutions

Finance & accounting tech
₹12.42 crFY 2024-25
+60%2024–2025
88-33% 12 mo to Jul 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Aug 2026

GST Return Filing Software

Finance & accounting tech
₹10.66 crFY 2024-25
+45%2024–2025
119-4% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Apr 2025

Cloud Based accounting software for small businesses

Finance & accounting tech
₹8.70 crFY 2024-25
Not reported
17-13% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Online platform for tax management and tax filing solutions

Finance & accounting tech
₹5.77 crFY 2024-25
-29%2024–2025
63-6% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Financial management software for businesses

Finance & accounting tech
₹4.93 crFY 2024-25
-16%2024–2025
—Not available
17 yr2009
0none in 3 months

Tax compliance & filing software for businesses

Finance & accounting tech
₹2.84 crFY 2024-25
-38%2024–2025
13+44% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months

Provider of cloud-based ERP software for small businesses

Finance & accounting tech
₹1.88 crFY 2024-25
+3115%2024–2025
9LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Customized ERP and payroll solutions provider for SMEs

Finance & accounting tech
₹1.75 crFY 2024-25
+5%2024–2025
19+10% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

GST invoicing software for businesses

Finance & accounting tech
₹1.71 crFY 2024-25
+815%2024–2025
17LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of Tally software sales, implementation, customization, training, and support

Enterprise resource planning
₹1.51 crFY 2024-25
-10%2024–2025
—Not available
25 yr2001
0none in 3 months

Invoice management software for businesses

Finance & accounting tech
₹83.95 lakhFY 2024-25
-2%2024–2025
6LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Online platform for cryptocurrency tax management solutions

Cryptocurrencies
₹72.62 lakhFY 2024-25
-65%2024–2025
8LinkedIn · Jul 2026
4 yr2022
0none in 3 months

GST, accounting, and billing software solutions

Finance & accounting tech
₹66.21 lakhFY 2024-25
+559%2024–2025
120LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Business accounting software solutions

Finance & accounting tech
₹62.92 lakhFY 2024-25
-5%2024–2025
—Not available
24 yr2002
0none in 3 months

Provider of accounting software service for SMEs

In store retail tech
₹43.50 lakhFY 2024-25
+11%2024–2025
15-15% vs previous recordLinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Sep 2016

Practice management software for accountants

Finance & accounting tech
₹41.31 lakhFY 2024-25
+211%2024–2025
10LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of digital bookkeeping, tax advisory, and financial growth services for SMEs

Finance & accounting tech
₹35.98 lakhFY 2024-25
-23%2024–2025
—Not available
4 yr2022
0none in 3 months

Online invoicing software

Finance & accounting tech
₹25.19 lakhFY 2024-25
+5%2024–2025
—Not available
10 yr2016
0none in 3 months

Online accounting software for businesses

Finance & accounting tech
₹20.26 lakhFY 2024-25
+33%2024–2025
36LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 2026

Provider of virtual office solutions with free microsites, enabling professionals to manage 1:1 consultation bookings effortlessly

Finance & accounting tech
₹7.34 lakhFY 2024-25
Not reported
—Not available
8 yr2018
0none in 3 months

Accounting software for businesses

Finance & accounting tech
₹5.87 lakhFY 2024-25
+8%2024–2025
—Not available
8 yr2018
0none in 3 months

Practice management tool for finance professionals

Finance & accounting tech
₹5.20 lakhFY 2024-25
-58%2024–2025
17recorded
12 yr2014
0none in 3 months
28 of 161 companies shown here · the full list is on Radar
Fliar Radar

Explore all 161 finance & accounting tech companies in Gujarat on Radar

This page shows the top 28. Radar has the complete, filterable list with contacts and live company signals.

Open finance & accounting tech in Gujarat on Radar
  • Every company, not just 50All 161 finance & accounting tech companies in Gujarat, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore finance & accounting tech companies in Gujarat by what you are looking for

Find top finance and accounting tech companies in Gujarat, including accounting software, GST and tax filing tools, payroll and e-procurement providers. Discover finance and accounting tech startups in Gujarat built for small businesses and accountants.

7 ways to explore finance & accounting tech in Gujarat

Accounting & bookkeeping software companiesTax filing & GST software companiesInvoicing & accounts receivable softwarePayroll & HR software companiesE-procurement, ERP & business softwareFinance & accounting tech startups in Gujarat

Accounting & bookkeeping software companies

Cloud and on-premise accounting, billing and bookkeeping software for businesses.

  1. Cygnet One

    Accounting and financial management software

    Finance & accounting tech
    See in list
  2. Virmati Group

    Finance and Accounting Management for NGO's

    Finance & accounting tech
    See in list
  3. RKIT Software

    On-premise accounting suite

    Finance & accounting tech
    See in list
  4. NaapBooks

    Developer of Fintech applications and software solutions

    Finance & accounting tech
    See in list
  5. Microvista Technologies

    GST Return Filing Software

    Finance & accounting tech
    See in list
151 companies in Gujarat

Tax filing & GST software companies

Platforms for GST return filing, income tax e-filing and tax compliance.

  1. Microvista Technologies

    GST Return Filing Software

    Finance & accounting tech
    See in list
  2. Quicko

    Online platform for tax management and tax filing solutions

    Finance & accounting tech
    See in list
  3. TaxPooja

    Online tax compliance platform that assists individuals and businesses

    Finance & accounting tech
    See in list
  4. Khandhar Mehta & Shah

    Provider of audit, tax, and corporate advisory services

    Finance & accounting tech
    Website
  5. Clouddesk GST

    Cloud-based software for GST reconciliation and notice management

    Finance & accounting tech
    Website
23 companies in Gujarat

Invoicing & accounts receivable software

Tools for invoicing, quote to cash and automating accounts receivable and payable.

  1. Cygnet One

    Accounting and financial management software

    Finance & accounting tech
    See in list
  2. Bizmitra

    Provider of cloud-based ERP software for small businesses

    Finance & accounting tech
    See in list
  3. GoGSTBill

    GST invoicing software for businesses

    Finance & accounting tech
    See in list
  4. Truebook

    Invoice management software for businesses

    Finance & accounting tech
    See in list
  5. Practive

    Practice management software for accountants

    Finance & accounting tech
    See in list
49 companies in Gujarat

Payroll & HR software companies

Payroll, HRMS and employee management software providers.

  1. Ducem

    Customized ERP and payroll solutions provider for SMEs

    Finance & accounting tech
    See in list
  2. Payroll Software

    Online platform offering payroll software

    Hrtech
    Website
  3. Tankhwa Patra

    Provider of HRMS solution for enterprises

    Hrtech
    Website
  4. Het Web Technologies

    Web-based payroll solution

    Finance & accounting tech
    Website
  5. Vishva Software

    Payroll software provider

    Finance & accounting tech
    Website

E-procurement, ERP & business software

E-procurement, supply chain and ERP software including Tally-based solutions for SMEs.

  1. Ducem

    Customized ERP and payroll solutions provider for SMEs

    Finance & accounting tech
    See in list
  2. tallyhub

    Provider of Tally software sales, implementation, customization, training, and support

    Enterprise resource planning
    See in list
  3. Munim

    GST, accounting, and billing software solutions

    Finance & accounting tech
    See in list
  4. ProcureTiger

    Provides e-procurement management tools

    Finance & accounting tech
    Website
  5. ProcureAvenue

    E-procurement solutions

    Finance & accounting tech
    Website

Finance & accounting tech startups in Gujarat

Recently founded finance and accounting technology companies in Gujarat.

  1. TaxNodes

    Online platform for cryptocurrency tax management solutions

    Cryptocurrencies
    See in list
  2. Munim

    GST, accounting, and billing software solutions

    Finance & accounting tech
    See in list
  3. Signatize Biztech

    Provider of digital bookkeeping, tax advisory, and financial growth services for SMEs

    Finance & accounting tech
    See in list
  4. Lemon Labs

    Provider of accounting automation tools for bookkeeping, tax, audit, and compliance

    Finance & accounting tech
    Website
  5. Saakh

    Invoice payment acceptance solution for businesses

    Payments
    See in list
38 companies in Gujarat

Finance & accounting tech companies hiring in Gujarat

Finance and accounting tech companies in Gujarat with open jobs right now.

  1. Cygnet One

    Accounting and financial management software

    Finance & accounting tech
    See in list
  2. NaapBooks

    Developer of Fintech applications and software solutions

    Finance & accounting tech
    See in list
  3. Microvista Technologies

    GST Return Filing Software

    Finance & accounting tech
    See in list
  4. Quicko

    Online platform for tax management and tax filing solutions

    Finance & accounting tech
    See in list
  5. Zybra

    Provider of accounting software service for SMEs

    In store retail tech
    See in list
9 companies in Gujarat
Mobile reach

Top 10 finance & accounting tech apps from Gujarat

The most-installed Android apps published by finance & accounting tech companies headquartered in Gujarat — 2.1M installs between them. 41 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Invoice Maker and Billing App

by Momobills

Installs642K
Rating4.459K ratings
Last updatedFeb 2026
View on Google Play ↗
Invoice Maker and Billing App screenshot 1Invoice Maker and Billing App screenshot 2Invoice Maker and Billing App screenshot 3Invoice Maker and Billing App screenshot 4Invoice Maker and Billing App screenshot 5Invoice Maker and Billing App screenshot 6
2

Zybra GST Billing & Accounting

by Zybra

Installs280K
Rating3.56841 ratings
Installs, year on year+11%
Last updatedMay 2026
View on Google Play ↗
Zybra GST Billing & Accounting screenshot 1Zybra GST Billing & Accounting screenshot 2Zybra GST Billing & Accounting screenshot 3Zybra GST Billing & Accounting screenshot 4Zybra GST Billing & Accounting screenshot 5Zybra GST Billing & Accounting screenshot 6
4

GoGSTBill: Invoice Billing App

by GoGSTBill

Installs196K
Rating—
Installs, year on year+37%
Last updatedMay 2026
View on Google Play ↗
GoGSTBill: Invoice Billing App screenshot 1GoGSTBill: Invoice Billing App screenshot 2GoGSTBill: Invoice Billing App screenshot 3GoGSTBill: Invoice Billing App screenshot 4GoGSTBill: Invoice Billing App screenshot 5GoGSTBill: Invoice Billing App screenshot 6
5

Estimate Invoice Maker By Moon

by Moon Invoice

Installs183K
Rating4.31855 ratings
Last updatedJun 2026
View on Google Play ↗
Estimate Invoice Maker By Moon screenshot 1Estimate Invoice Maker By Moon screenshot 2Estimate Invoice Maker By Moon screenshot 3Estimate Invoice Maker By Moon screenshot 4Estimate Invoice Maker By Moon screenshot 5Estimate Invoice Maker By Moon screenshot 6
7

Miracle Report

by RKIT Software

Installs146K
Rating4.336K ratings
Installs, year on year+17%
Last updatedAug 2025
View on Google Play ↗
Miracle Report screenshot 1Miracle Report screenshot 2Miracle Report screenshot 3Miracle Report screenshot 4Miracle Report screenshot 5Miracle Report screenshot 6
8

glyde - save, pay, file taxes

by Quicko

Installs120K
Rating4.832K ratings
Last updatedDec 2025
View on Google Play ↗
glyde - save, pay, file taxes screenshot 1glyde - save, pay, file taxes screenshot 2glyde - save, pay, file taxes screenshot 3glyde - save, pay, file taxes screenshot 4glyde - save, pay, file taxes screenshot 5glyde - save, pay, file taxes screenshot 6
9

Saakh: AI B2B Intelligence App

by Saakh

Installs57K
Rating—
Last updatedMay 2026
View on Google Play ↗
Saakh: AI B2B Intelligence App screenshot 1Saakh: AI B2B Intelligence App screenshot 2Saakh: AI B2B Intelligence App screenshot 3Saakh: AI B2B Intelligence App screenshot 4Saakh: AI B2B Intelligence App screenshot 5
10

Truebook Accounting +GST +Invo

by Truebook

Installs51K
Rating—
Last updatedSep 2025
View on Google Play ↗
Truebook Accounting +GST +Invo screenshot 1Truebook Accounting +GST +Invo screenshot 2Truebook Accounting +GST +Invo screenshot 3Truebook Accounting +GST +Invo screenshot 4Truebook Accounting +GST +Invo screenshot 5
The business behind the activity

Finance & Accounting Tech financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 28 finance & accounting tech companies in Gujarat for FY24-25 — 32 of the 161 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 78% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹105.06 cr

28 companies filing accounts

combined net profit₹5.62 cr

5.4% aggregate margin

are profitable54%

15 of 28 companies

median revenue~₹78 lakh

the typical company

median revenue growth+5%

into FY24-25

earned by the top five78%

revenue concentration

Six-year view

Combined revenue of filing companies

₹51.17 crFY19-2018 filers
₹57.36 crFY20-2118 filers
₹67.55 crFY21-2220 filers
₹102.47 crFY22-2322 filers
₹99.12 crFY23-2428 filers
₹105.06 crFY24-2528 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 21 companies over three years

-3%
FY22-23₹102.47 cr₹4.41 cr net
FY23-24₹93.94 cr₹12.09 lakh net
FY24-25₹99.39 cr₹7.78 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1533% profitable
₹1–10 cr967% profitable
₹10–100 cr4100% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking12
0–20%5
20–50%2
50–100%2
Doubled+5

26 companies with accounts for both years; median growth +5%.

Profitability

Profit is concentrated at the top

15profitable
13loss-making
5.4%aggregate margin
1.5%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
NaapBooksNAAPBOOKS LIMITED+60%₹12.42 cr
Microvista TechnologiesMICROVISTA TECHNOLOGIES PRIVATE LIMITED+45%₹10.66 cr
RKIT SoftwareRKIT SOFTWARE PRIVATE LIMITED+7%₹14.59 cr
Virmati GroupVIRMATI SOFTWARES AND TELECOMMUNICATIONS LTD-7%₹35.08 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NaapBooksNAAPBOOKS LIMITED36.1%₹12.42 cr
Microvista TechnologiesMICROVISTA TECHNOLOGIES PRIVATE LIMITED15.5%₹10.66 cr
RKIT SoftwareRKIT SOFTWARE PRIVATE LIMITED10.7%₹14.59 cr
Virmati GroupVIRMATI SOFTWARES AND TELECOMMUNICATIONS LTD5.4%₹35.08 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Finance & accounting tech24₹102.38 cr~₹96 lakh58%6.0%
Leaders

Largest finance & accounting tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Virmati GroupVIRMATI SOFTWARES AND TELECOMMUNICATIONS LTD₹35.08 cr₹1.89 cr5.4%-7%
RKIT SoftwareRKIT SOFTWARE PRIVATE LIMITED₹14.59 cr₹1.56 cr10.7%+7%
NaapBooksNAAPBOOKS LIMITED₹12.42 cr₹4.48 cr36.1%+60%
Microvista TechnologiesMICROVISTA TECHNOLOGIES PRIVATE LIMITED₹10.66 cr₹1.65 cr15.5%+45%
ZipBooksZIPBOOKS SOFTWARE SOLUTIONS PRIVATE LIMITED₹8.70 cr₹86.95 lakh10.0%-2%
Finance365cloudCITTA SOLUTIONS PRIVATE LIMITED₹4.93 cr−₹23.63 lakh-4.8%-16%
QuickoQUICKO INFOSOFT PRIVATE LIMITED₹2.92 cr−₹93.43 lakh-31.9%-18%
SandboxSANDBOX FINANCIAL TECHNOLOGIES PRIVATE LIMITED₹2.84 cr−₹75.27 lakh-26.5%-38%
BizmitraDrushtant Infoweb Private Limited₹1.88 cr₹6.85 lakh3.7%>10×
DucemDUCEM TECHNOLOGIES PRIVATE LIMITED₹1.75 cr₹15.32 lakh8.8%+5%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Finance & Accounting Tech funding and M&A across India

429 recorded equity rounds have gone to 2,313 finance & accounting tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months7

US$21.19m

equity rounds, last 24 months30

US$126.22m

raised over five yearsUS$869.95m

205 rounds in India

M&A deals, India33

last 24 months

Capital by year

Equity funding into finance & accounting tech in India

amount rounds
$81m201831
$209m201941
$120m202037
$432m202154
$192m202255
$83m202338
$42m202431
$104m202522
$17m20265

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$432.01m across 54 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$9.12m49 rounds · median US$92k
SeedUS$113.86m111 rounds · median US$682k
Series AUS$139.78m23 rounds · median US$4.00m
Series BUS$176.98m9 rounds · median US$8.76m
Series CUS$226.00m4 rounds · median US$75.00m
Series D+US$204.21m9 rounds · median US$4.03m
Where the money went · five years

Most-funded sub-sectors

Finance & accounting techUS$295.95m133 rounds · 68 companies
E-commerce enablersUS$241.32m6 rounds · 2 companies
HrtechUS$122.46m10 rounds · 4 companies
Vernacular platformsUS$100.00m1 rounds · 1 companies
Scm softwareUS$39.88m12 rounds · 6 companies
Digital remittanceUS$28.20m3 rounds · 1 companies
PaymentsUS$14.17m16 rounds · 9 companies
Corporate activity · last 24 months

M&A in India

32Acquisition
1Merger

Most active acquirers

  1. Zaggle Prepaid Ocean Services23
  2. Ran Ventures1
  3. Fincontrol1
  4. Ramco Management1
  5. Acrophyte Asset Management1

Most acquired or merged

  1. Mobileware technologies3
  2. Dice2
  3. Na2
  4. Effiasoft2
  5. Rio.Money2

Each deal appears in the events strip at the top of the page.

Finance & Accounting Tech funding in Gujarat

5 finance & accounting tech companies in Gujarat have recorded equity funding, US$3.31m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind finance & accounting tech companies in Gujarat. 56 of 161 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat finance & accounting tech companies by sub-sector

The most common specialisations among finance & accounting tech companies in Gujarat. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring finance & accounting tech in India and nearby markets.

Coming soon