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Radar · SCM Software in Maharashtra

Best SCM Software Companies in Maharashtra, India

The 97 best SCM Software companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bizongo.

97companies tracked
$649.5Mdisclosed funding
0unicorns
27have raised

Ranked: Best SCM Software companies in Maharashtra

#CompanyRevenueDisclosed fundingRevenue YoYEmployeesTech stackRecent signals
1Zaggle
Platform designed to streamline business spends, payments, and rewards through automated and innovative…
82Fin. health top 19%Partners top 20%Tech top 26%Moat top 26%
All 13 signals ▾
Fin. healthtop 19%
Partnerstop 20%
Techtop 26%
Moattop 26%
Growthtop 27%
Markettop 28%
Customerstop 32%
Talenttop 32%
Producttop 33%
Fundingtop 34%
Newstop 35%
Innovationtop 50%
Globalbottom 37%
Fin. health: Revenue ~$220M (FY2026) · Net margin 7.2%
Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 25 contract events in 12 mo
rank vs industry peers · Fliar Intelligence Index 82/100
$220M
FY2026
$2M+46%401Node.jsTailwind CSSAnt Design+24—
2Mintifi
Provider of supply chain financing solutions for small and medium enterprises
82Moat top 21%Market top 26%Funding top 27%Talent top 28%
All 10 signals ▾
Moattop 21%
Markettop 26%
Fundingtop 27%
Talenttop 28%
Fin. healthtop 29%
Growthtop 36%
Producttop 36%
Techtop 39%
Globalbottom 39%
Newsbottom 21%
Moat: Top 4% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10
Market: 1,310 employees (top 5% of Fintech) · Revenue ~$67.3M
rank vs industry peers · Fliar Intelligence Index 82/100
$67M
FY2025
$170M+42%1,310
1,310 → 1,327 (+1%) · sector median +20%
BootstrapReactAmazon Web Services+112 job openings
3CredAble
Provider of working capital solutions and supply chain finance programs
74Moat top 20%Talent top 22%Funding top 31%Fin. health top 32%
All 8 signals ▾
Moattop 20%
Talenttop 22%
Fundingtop 31%
Fin. healthtop 32%
Techtop 35%
Markettop 36%
Growthtop 47%
Globalbottom 39%
Moat: Top 1% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 8/10
Talent: Analyst team rating 5/5 · 4 named leaders on record
rank vs industry peers · Fliar Intelligence Index 74/100
$59M
FY2025
$60M—247
247 → 220 (-11%) · sector median +20%
WordPressMySQLPHP+411 launch · 2 awards
4Bulk MRO
Online B2B platform for industrial supply
60Tech top 34%Product top 36%Talent top 38%Innovation top 39%
All 11 signals ▾
Techtop 34%
Producttop 36%
Talenttop 38%
Innovationtop 39%
Moattop 39%
Fin. healthtop 40%
Fundingtop 43%
Markettop 45%
Growthbottom 47%
Globalbottom 39%
Newsbottom 22%
Tech: 40 technologies across 5/8 capability areas · Cloud: Cloudflare
Product: 12 distinct product lines · Company stage: Series A
rank vs industry peers · Fliar Intelligence Index 60/100
$30M
FY2025
$7M+14%101
101 → 131 (+30%) · sector median +20%
RubyTinyMCERaphael+20—
5FSN
Provider of end-to-end food supply chain solutions
$27M
FY2024
—+4%—PleskWindows ServerGoogle Maps+123 job openings
6Armstrong Dematic
Provider of intralogistics and warehouse automation solutions for various industries
$25M
FY2025
—+1%—Cart FunctionalityWordPressMySQL+10—
7Bizongo
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
62Moat top 21%Funding top 26%Market top 36%Tech top 36%
All 11 signals ▾
Moattop 21%
Fundingtop 26%
Markettop 36%
Techtop 36%
Producttop 41%
AItop 45%
Talentbottom 49%
Fin. healthbottom 48%
Growthbottom 43%
Globalbottom 39%
Newsbottom 27%
Moat: Top 4% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 8/10
Funding: Raised $253M across 12 rounds · 12 rounds over 11 yrs (1.1/yr)
rank vs industry peers · Fliar Intelligence Index 62/100
$23M
FY2023
$253M+37%272WebflowYouTubeGoogle Cloud+21—
8Vayana
Provider of a platform facilitating trade credit and supply chain finance
60Product top 21%Moat top 23%Funding top 25%Innovation top 39%
All 11 signals ▾
Producttop 21%
Moattop 23%
Fundingtop 25%
Innovationtop 39%
Techtop 39%
Growthtop 42%
Markettop 45%
Fin. healthbottom 49%
Talentbottom 49%
Globalbottom 39%
Newsbottom 21%
Product: 12 distinct product lines · Company stage: Series D
Moat: Top 9% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10
rank vs industry peers · Fliar Intelligence Index 60/100
$18M
FY2024
$83M+27%73WordPressMySQLPHP+16—
9Godrej Consoveyo Logistics Automation
Provider of warehouse automation solutions
$17M
FY2025
—+44%105——
10Sepio Products
Manufacturer of tamper-evident security seals, including electronic and plastic options
64Talent top 28%Patents top 29%Moat top 30%Tech top 31%
All 11 signals ▾
Talenttop 28%
Patentstop 29%
Moattop 30%
Techtop 31%
Innovationtop 36%
Markettop 40%
Fundingtop 40%
Producttop 47%
Fin. healthtop 50%
Growthbottom 47%
Globalbottom 36%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Patents: 20 patents matched (strict assignee match) · 15 filings since 2022 vs 5 in 2017-21
rank vs industry peers · Fliar Intelligence Index 64/100
$10M
FY2025
$4M-2%99
99 → 82 (-17%) · sector median +20%
WordPressMySQLPHP+24—
11Veefin
Provider of supply chain finance technology and digital lending solutions
74Fin. health top 17%Product top 24%Moat top 30%Growth top 31%
All 12 signals ▾
Fin. healthtop 17%
Producttop 24%
Moattop 30%
Growthtop 31%
Markettop 34%
Newstop 41%
Innovationtop 43%
Fundingtop 43%
Talenttop 45%
Globaltop 50%
Techbottom 45%
Partnersbottom 43%
Fin. health: Revenue ~$9.5M (FY2025) · Net margin 29.9%
Product: 2 distinct product lines · Company stage: Public
rank vs industry peers · Fliar Intelligence Index 74/100
$10M
FY2025
$3M+222%165PHPUbuntuGSAP+173 job openings
12Heera Software
Heera Software empowers FMCG and CPG brands with smart sales and distribution automation solutions
$4M
FY2025
—+20%152
152 → 229 (+51%) · sector median +20%
WordPressMySQLPHP+23—
13Finaleap
Provider of consumer loans
45Innovation top 30%Growth top 36%Product top 45%Talent top 45%
All 10 signals ▾
Innovationtop 30%
Growthtop 36%
Producttop 45%
Talenttop 45%
Moatbottom 45%
Fin. healthbottom 43%
Marketbottom 39%
Fundingbottom 37%
Globalbottom 29%
Techbottom 27%
Innovation: 3 product lines
Growth: Headcount 115 → 115 (+0%) across vintages · Revenue +44% YoY
rank vs industry peers · Fliar Intelligence Index 45/100
$2M
FY2025
$2M+44%115UbuntuChart.jsAnimate.css+19—
14Unbox Robotics
Provider of software-defined robotics system for warehouse operations
64Funding top 26%Moat top 32%Growth top 34%News top 35%
All 9 signals ▾
Fundingtop 26%
Moattop 32%
Growthtop 34%
Newstop 35%
Techtop 37%
Talenttop 38%
Markettop 46%
Fin. healthtop 49%
Globalbottom 39%
Funding: Raised $12.3M across 9 rounds · 9 rounds over 7 yrs (1.3/yr)
Moat: Top 23% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 64/100
$2M
FY2025
$12M+167%98
98 → 167 (+70%) · sector median +20%
WordPressMySQLPHP+191 partnership
15TransportEG
Optimizing supply chain networks for efficiency and growth
$1M
FY2025
$2M-6%68WordPressMySQLPHP+31—
16Cashflo
Provider of AP automation, payments, compliance, and vendor management software
60Moat top 29%Tech top 33%Growth top 34%Talent top 38%
All 10 signals ▾
Moattop 29%
Techtop 33%
Growthtop 34%
Talenttop 38%
Fundingtop 40%
Markettop 46%
Producttop 49%
Fin. healthbottom 45%
Globalbottom 39%
Newsbottom 32%
Moat: Top 29% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 7/10
Tech: 32 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
rank vs industry peers · Fliar Intelligence Index 60/100
$1M
FY2025
$13M+48%110
110 → 111 (+1%) · sector median +20%
SentryTypeScriptApexCharts.js+17—
17Dice
Provider of spend management and digital commerce platform for enterprises
62Growth top 19%Customers top 22%Moat top 28%Tech top 30%
All 10 signals ▾
Growthtop 19%
Customerstop 22%
Moattop 28%
Techtop 30%
Producttop 36%
Talenttop 38%
Fundingtop 50%
Marketbottom 46%
Fin. healthbottom 39%
Globalbottom 37%
Growth: Headcount 51 → 113 (+122%) across vintages · Revenue +72% YoY
Customers: Play-Store rating 4.50★ across 26,677 ratings (3 apps)
rank vs industry peers · Fliar Intelligence Index 62/100
$1M
FY2025
$7M+72%113
113 → 134 (+19%) · sector median +20%
WordPressApple iCloud MailGoogle Workspace+22—
18EMeasurematics
Industrial automation solutions provider for yard and warehouse management
$1M
FY2022
——35Cart FunctionalityWixSentry+13—
19Quicsolv
Provider of AI & web-enabled asset tracking solutions
$919K
FY2023
$263K+53%6WordPressMySQLPHP+18—
20Nextenders
Cloud-based suite solutions for procurement management
$843K
FY2025
$1M-40%32——
21WebXpress
Provider of cloud-based logistics software solutions
$805K
FY2025
$415K-8%31
31 → 61 (+97%) · sector median +20%
Apple iCloud MailMicrosoft 365PHP+17—
22Thingsup
Offers IoT and cloud based supply chain visibility solutions
$765K
FY2025
$700K+7%32
32 → 39 (+22%) · sector median +20%
WordPressMySQLPHP+12—
23TranZact
Provider of cloud-based software for streamlining manufacturing business processes
64Tech top 28%Talent top 28%Innovation top 33%Growth top 33%
All 10 signals ▾
Techtop 28%
Talenttop 28%
Innovationtop 33%
Growthtop 33%
Moattop 38%
Producttop 40%
Markettop 48%
Fundingtop 48%
Fin. healthbottom 41%
Globalbottom 37%
Tech: 33 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 64/100
$700K
FY2025
$8M+47%63Cart FunctionalityGoogle Sign-inElement UI+18—
24Artfine
Provider of bespoke supply chain finance solutions
48Growth top 14%Talent top 28%Moat top 43%Fin. health bottom 45%
All 8 signals ▾
Growthtop 14%
Talenttop 28%
Moattop 43%
Fin. healthbottom 45%
Fundingbottom 44%
Marketbottom 37%
Globalbottom 37%
Techbottom 33%
Growth: Revenue +64% YoY
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 48/100
$421K
FY2025
$1M+64%———
25Onintouch
Provider of cloud-based supply chain visibility and collaboration solutions for businesses
$347K
FY2025
$52K+22%33Cart FunctionalityWordPressMySQL+12—
26EmerTech Innovations
Provider of IoT & blockchain-enabled supply chain traceability solutions and services
$345K
FY2025
$32K+189%—TurbopackNode.jsUbuntu+14—
27ARAPL RaaS
Offers AI & SaaS-enabled robotic solutions for warehouse management
$339K
FY2025
—-78%—WordPressMySQLPHP+152 launchs
28AssetCues
Provider of fixed asset management solutions, including tracking and register services
$333K
FY2022
———WordPressMySQLPHP+26—
29Assetrak Solutions
Integrated solutions provider for asset tracking
$333K
FY2022
—————
30TATHYA
Provider of an AI-enabled platform for monitoring commodity supply chain trends
40Growth top 20%Talent top 35%AI top 45%Funding bottom 49%
All 8 signals ▾
Growthtop 20%
Talenttop 35%
AItop 45%
Fundingbottom 49%
Fin. healthbottom 40%
Techbottom 36%
Globalbottom 36%
Marketbottom 16%
Growth: Revenue +41% YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record
rank vs industry peers · Fliar Intelligence Index 40/100
$245K
FY2025
$488K+41%8——
31Brilliant Infosys
Provider of web-enabled warehouse management solutions
$242K
FY2025
—+10%44ZohoAnimate.cssBootstrap+16—
32Contisoft Technologies
A digital procurement solutions provider that offers a range of services and software for businesses
$155K
FY2024
—-3%10TypeScriptAmazon ALBAmazon Web Services+71 partnership · 1 award
33Algorhythm Tech
Provider of MES and visibility solutions for multi-industry
5Talent top 28%Moat bottom 46%Tech bottom 39%Funding bottom 37%
All 9 signals ▾
Talenttop 28%
Moatbottom 46%
Techbottom 39%
Fundingbottom 37%
Globalbottom 32%
Newsbottom 22%
Marketbottom 17%
Fin. healthbottom 11%
Growthbottom 8%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 61% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 5/10
rank vs industry peers · Fliar Intelligence Index 5/100
$126K
FY2025
$1M-69%3——
34Shiperone
Online platform providing supply chain management solutions
$123K
FY2025
$604K————
35CapitalXB Finance
Provider of supply chain finance and business loans for small and medium enterprises
27Growth top 21%Talent bottom 49%Funding bottom 47%Fin. health bottom 37%
All 7 signals ▾
Growthtop 21%
Talentbottom 49%
Fundingbottom 47%
Fin. healthbottom 37%
Globalbottom 34%
Techbottom 28%
Marketbottom 22%
Growth: Revenue +1799% YoY · Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 27/100
$66K
FY2025
$15M+1799%—Apple iCloud MailMicrosoft 365Ubuntu+8—
36BoxMySpace
Provider of tech enabled ondemand warehousing and end-to-end logistics solutions
$60K
FY2025
$885K-31%11——
37GPK Logistech
Provider of AI & web-enabled supply chain management platform
$14K
FY2023
——32——
38Billion Hands
Inventory management solutions provider
$7K
FY2025
—-32%17——
39Kraya
Provider of a platform to streamline business procurement and vendor management
$512
FY2025
$113K+48%—Node.jsTailwind CSSReact+9—
40PARSEL
SaaS-based supply chain product lifecycle management software solutions for brands
$224
FY2022
$3M————

Top 12 SCM Software companies in Maharashtra

#1
Series E · Mumbai, Maharashtra · founded 2015 · 272 employees
$252.6Mraised
▾

Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. It offers features including digital vendor management, material procurement management, supply chain financing, packaging sourcing, purchase order management, and more. It caters to multiple industries including packaging, textiles, apparel, and more.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Moat
top 21%
Funding
top 26%
Market
top 36%
Tech
top 36%
Product
top 41%
AI
top 45%
Moat: Top 4% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $253M across 12 rounds · 12 rounds over 11 yrs (1.1/yr) · Last round Series E (Mar 2025)
Market: 272 employees (top 22% of Fintech) · Revenue ~$23.1M · ~1% of tracked E-Commerce Enablers revenue (334 cos, FY2025)
Funding rounds
  • Mar 2025Series E$4.5M
  • Oct 2023Series E$50M
  • Aug 2022Series D$25M
  • Dec 2021Grant (prize money)—
Founders & team
Sachin AgrawalCo-Founder
Investors
Schroders Capital, British International Investment, International Finance Corp, Chiratae Ventures, IFC, B Capital
Tech stack
Amazon SesAmazon Web ServicesClevertapCloudflareCloudflare Bot ManagementCore-Js
#2
Series B · Pune, Maharashtra · founded 2019 · 98 employees
$12.3Mraised
▾

Provider of software-defined robotics system for warehouse operations. It offers robotic systems that provide logistics services or solutions to sort and consolidate parcels. It also provides solutions that include automated robotic systems, operations management, and more. It helps in managing warehouse space utilization.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Funding
top 26%
Moat
top 32%
Growth
top 34%
News
top 35%
Tech
top 37%
Talent
top 38%
Funding: Raised $12.3M across 9 rounds · 9 rounds over 7 yrs (1.3/yr) · Last round Series B (Jan 2026)
Moat: Top 23% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Growth: Headcount 103 → 98 (-5%) across vintages · Revenue +167% YoY · Web rank 5,000,000 → 10,000,000 YoY
Audience (LinkedIn): 36k LinkedIn followers — 9.7% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. SAIET ENGINEERING S.R.L.) announced in 12 mo
Funding rounds
  • Jan 2026Series B$14.1M
  • Oct 2024Series A$1.8M
  • Mar 2024Series A$2M
  • Mar 2022Series A$1.3M
Founders & team
Shahid MemonCo-FounderPramod GhadgeCo-Founder and CEO
Investors
Flipkart Leap, 3one4 Capital, RedStart Labs, WEH Ventures, Aureolis Ventures, Entrepreneur First
Tech stack
BootstrapCloudflareCloudflare Rocket LoaderCloudflare ZarazCookieyesGoogle Analytics
#3
Series D · Pune, Maharashtra · founded 2009 · 73 employees
$82.7Mraised
▾

Provider of a platform facilitating trade credit and supply chain finance. The platform digitally authenticates transactions between buyers and sellers. This allows financial institutions to provide lending with reduced risk. It creates credit programs for companies at every level of the supply chain. The platform offers risk assessment, compliance, and B2B payment solutions.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Product
top 21%
Moat
top 23%
Funding
top 25%
Innovation
top 39%
Tech
top 39%
Growth
top 42%
Product: 12 distinct product lines · Company stage: Series D
Moat: Top 9% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $82.7M across 9 rounds · 9 rounds over 9 yrs (1.0/yr) · Last round Series D (Jun 2025)
Audience (LinkedIn): 14k LinkedIn followers — 3.7% of this cohort's audience
Funding rounds
  • Jun 2025Series D$2.7M
  • Jul 2024Series D$20.5M
  • Mar 2023Series C$739.1K
  • Mar 2023Series C$6.6M
Founders & team
Ramaswamy IyerFounder & CEO
Investors
Chiratae Ventures, Jungle Ventures, IDG Ventures, Trifecta Capital, IFC, PayU
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesCloudflareCloudflare Bot Management
#4
Series E · Mumbai, Maharashtra · founded 2017 · 1310 employees
$169.9Mraised
▾

Provider of supply chain financing solutions for small and medium enterprises. It offers inventory financing and invoice payment solutions. The business provides credit lines and working capital loans. It facilitates invoice reconciliation and early payment discounts. The company offers integration with enterprise resource planning systems.

Fliar Intelligence Index™ 82how this company ranks against its industry peers
Moat
top 21%
Market
top 26%
Funding
top 27%
Talent
top 28%
Fin. health
top 29%
Growth
top 36%
Moat: Top 4% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 8/10 · Soonicorn
Market: 1,310 employees (top 5% of Fintech) · Revenue ~$67.3M · Top 4% by revenue among 743 tracked Alternative Lending peers
Funding: Raised $170M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) · Last round Series E (Nov 2024)
Audience (LinkedIn): 39k LinkedIn followers — 10.6% of this cohort's audience
Hiring (LinkedIn): 5 hiring posts in 12 mo (public) · momentum +1 · hiring: Relationship Executive, Senior Manager – Business Development (Supply Chain Financing)
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Nov 2024Series E$100M
  • Mar 2023Series D$110M
  • Feb 2022Series C$40.2M
  • Mar 2021Series B$6M
Founders & team
Sanjoy ShomeCo-Founder & COOAnup AgarwalCo-Founder & CEOAnkit MehtaCo-Founder
Investors
Growth Catalyst Partners, IFC, Prosus, Ontario Teachers' Pension Plan, Premji Invest, Elevation Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerBootstrapCdnjs
#5
Series B · Mumbai, Maharashtra · founded 2017 · 247 employees
$60Mraised
▾

Provider of working capital solutions and supply chain finance programs. The company offers platforms for early payments, receivables financing, and digital KYC. It facilitates trade financing, loan origination, and embedded finance solutions. The business provides programs for enterprises, financial institutions, and small to medium sized businesses.

Fliar Intelligence Index™ 74how this company ranks against its industry peers
Moat
top 20%
Talent
top 22%
Funding
top 31%
Fin. health
top 32%
Tech
top 35%
Market
top 36%
Moat: Top 1% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 8/10 · Soonicorn
Talent: Analyst team rating 5/5 · 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $60.0M across 9 rounds · 9 rounds over 9 yrs (1.0/yr) · Last round Series B (Mar 2025)
Audience (LinkedIn): 73k LinkedIn followers — 19.8% of this cohort's audience
Activity (LinkedIn): 1 product launches · 2 awards announced in 12 mo
Funding rounds
  • Mar 2025Series B$4.1M
  • Jun 2024Conventional Debt$3.6M
  • Nov 2023Series B$10M
  • Aug 2022Series B$9M
Founders & team
Ram KewalramaniCo-Founder & MDRajiv RamnarayanCo-FounderNirav ChoksiCo-Founder and Chief Executive Officer
Investors
Equentia Natural Resources, Maharashtra State Innovation Society, Alpha Capital, Aarin Capital, SLK Software, Adventz
Tech stack
AddtoanyAddtoany Share ButtonsAkismetAnimate.CssAnime.JsApache Http Server
#6
Seed · Mumbai, Maharashtra · founded 2023
$15Mraised
▾

Provider of supply chain finance and business loans for small and medium enterprises. Services include sales and purchase invoice discounting, factoring for freight forwarders, and deep tier financing. These financial solutions assist businesses in managing cash flow and securing capital for operational needs.

Fliar Intelligence Index™ 27how this company ranks against its industry peers
Growth
top 21%
Talent
bottom 49%
Funding
bottom 47%
Fin. health
bottom 37%
Global
bottom 34%
Tech
bottom 28%
Growth: Revenue +1799% YoY · Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $15.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Oct 2025)
Audience (LinkedIn): 10k LinkedIn followers — 2.7% of this cohort's audience
Funding rounds
  • Oct 2025Seed$15M
  • Oct 2025Conventional Debt—
Founders & team
Ajitabh BhartiCo-Founder
Investors
Compagnie De Developpement De Leau
Tech stack
Apple Icloud MailBootstrapFancyboxGodaddyGoogle AnalyticsJquery
#7
Public · Mumbai, Maharashtra · founded 2011 · 401 employees
$2Mraised
▾

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows. It provides innovative solutions for business spend management, payments, and rewards through automated and streamlined workflows. Its comprehensive platform offers flexible and practical approaches to forward-thinking enterprises, simplifying employee benefits, expenses, allowances, and channel partner incentives. Its suite of products includes prepaid cards, digital rewards, and recognition platforms, serving businesses across various industries.

Fliar Intelligence Index™ 82how this company ranks against its industry peers
Fin. health
top 19%
Partners
top 20%
Tech
top 26%
Moat
top 26%
Growth
top 27%
Market
top 28%
Fin. health: Revenue ~$220M (FY2026) · Net margin 7.2% · Revenue +46% YoY
Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 25 contract events in 12 mo · Named contractor/client in 25 deals
Tech: 49 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Observability: Microsoft Clarity
Funding rounds
  • Dec 2025Post IPO$1.7M
  • Oct 2025Post IPO$4.5M
  • Dec 2024Post IPO$69.6M
  • Aug 2023Series A$11.8M
Founders & team
Raj NarayanamFounder & Executive ChairmanAvinash GodkhindiCEO & Managing Director
Investors
Ventureast, Mavericks, Vivriti Asset Management, Bengal Finance and Investment, ValueQuest, Vikasa India EIF I Fund
Tech stack
Ant DesignBabelCdnjsCloudflareCore-JsElementor
#8
Seed · Mumbai, Maharashtra · founded 2019 · 8 employees
$488Kraised
▾

Provider of an AI-enabled platform for monitoring commodity supply chain trends. It delivers insights into mines, ports, and smelters using deep learning algorithms, leveraging remote sensing techniques applied to satellite imagery, AIS signals, and ground-level datasets. The platform tracks and identifies trends across critical nodes in the global commodity supply chain, offering production indexes and stockpile inventory data.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Growth
top 20%
Talent
top 35%
AI
top 45%
Funding
bottom 49%
Fin. health
bottom 40%
Tech
bottom 36%
Growth: Revenue +41% YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record
AI: Product described with: deep learning
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
  • Jul 2025Seed$44.6K
  • Apr 2024Angel$37.2K
  • Jan 2023Seed—
  • Nov 2022Seed$66.5K
Founders & team
Nikit ShrungarpawarCo-FounderGunjan ThakuriaCo-Founder & CEONaresh PalaiyaCo-Founder & CTO
Investors
Turbostart, Alchemist Accelerator
Tech stack
UbuntuTailwind CssBootstrapAmazon Web ServicesNginxJquery
#9
Public · Mumbai, Maharashtra · founded 2020 · 165 employees
$3Mraised
▾

Provider of supply chain finance technology and digital lending solutions. The business offers a fully configurable lending platform with lending automation capabilities. It delivers digital origination and loan management system solutions for financial institutions. The company provides services for transaction banking, cash management, and trade finance. It also supports account receivables, corporate collections, and business process management.

Fliar Intelligence Index™ 74how this company ranks against its industry peers
Fin. health
top 17%
Product
top 24%
Moat
top 30%
Growth
top 31%
Market
top 34%
News
top 41%
Fin. health: Revenue ~$9.5M (FY2025) · Net margin 29.9% · Revenue +222% YoY
Product: 2 distinct product lines · Company stage: Public
Moat: Top 10% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 5/10 · 10 curated direct competitors tracked
Audience (LinkedIn): 15k LinkedIn followers — 4.1% of this cohort's audience
Hiring (LinkedIn): 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Technical Lead - Java & Angular, Head - Platform Engineering & DevOps
Funding rounds
  • Dec 2024Post IPO$16M
  • Dec 2021Series A$3M
Founders & team
Anuj JainHead - Founders' Office - Strategy & GrowthRaja DebnathCo-Founder & MDGautam UdaniCo-Founder & COO
Investors
GTR Ventures
Tech stack
Apache Http ServerBootstrapFont AwesomeGodaddyGoogle AnalyticsGoogle Font Api
#10
Seed · Nagpur, Maharashtra · founded 2022
$113.4Kraised
▾

Provider of a platform to streamline business procurement and vendor management. The platform offers tools for custom approval workflows and compliance-driven vendor oversight. It facilitates smart sourcing automation, advanced integration capabilities, and enhanced collaboration tools. The platform also provides features for cost control and budget management. It helps optimize procurement processes, ensuring strategic sourcing.

Funding rounds
  • Oct 2025Seed$113.4K
Founders & team
Swar GattaniCo-FounderPratiik LoyaaCo-Founder & CEO
Investors
AID, Real Time Accelerator Fund
Tech stack
Font AwesomeGodaddyGoogle AnalyticsHstsNext.JsNext.Js App Router
#11
Acquired · Pune, Maharashtra · founded 2018 · 113 employees
$6.5Mraised
▾

Provider of spend management and digital commerce platform for enterprises. The platform facilitates transaction cycles through workflows, compliance rules, and integration capabilities. It offers procurement, accounts payable, expense, travel, bill payments, and imprest payments solutions. The platform is designed for finance, human resources, procurement, vendor, and information technology teams.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Growth
top 19%
Customers
top 22%
Moat
top 28%
Tech
top 30%
Product
top 36%
Talent
top 38%
Growth: Headcount 51 → 113 (+122%) across vintages · Revenue +72% YoY
Customers: Play-Store rating 4.50★ across 26,677 ratings (3 apps)
Moat: Top 15% by revenue among 478 tracked Finance & Accounting Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 17k LinkedIn followers — 4.5% of this cohort's audience
Funding rounds
  • Jun 2024Series A$5M
  • Feb 2023Seed$723.9K
  • Jul 2021Angel$510.8K
  • Nov 2020Seed$20.2K
Founders & team
Prashant KushwahFounder & CEOSonam KhubchandaniCo-founder & Chief Revenue Officer
Investors
Vista Business Ventures, LetsVenture, Agility, Anmol Maini Ventures, IIT Mandi Catalyst, Dallas Venture Capital
Tech stack
Amazon CloudfrontAmazon Web ServicesAnimate.CssAosApexcharts.JsApple Icloud Mail
#12
Series B · Mumbai, Maharashtra · founded 2019 · 110 employees
$12.8Mraised
▾

Provider of AP automation, payments, compliance, and vendor management software. The platform offers tools for invoice processing, vendor onboarding, payment reconciliation, and regulatory compliance. It features functionalities such as invoice reading, spend analysis, and supply chain financing. The software integrates with various ERP systems to streamline financial operations.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Moat
top 29%
Tech
top 33%
Growth
top 34%
Talent
top 38%
Funding
top 40%
Market
top 46%
Moat: Top 29% by revenue among 189 tracked SCM Software companies · Editorial + unicorn rating 7/10
Tech: 32 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Sentry
Growth: Headcount 97 → 110 (+13%) across vintages · Revenue +48% YoY · 1 acquisition/expansion move in 24 mo
Audience (LinkedIn): 20k LinkedIn followers — 5.3% of this cohort's audience
Funding rounds
  • Jul 2022Series B$8.8M
  • Sep 2019Series A$4M
Founders & team
Ankur BhageriaCo-Founder & CEODushyant AgarwalCo-Founder
Investors
General Catalyst, Elevation Capital, Atrium Angels, Firebolt Ventures, LetsVenture, GTM Ventures
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAngularApexcharts.JsBootstrap

Funding & investor landscape

$649.5Mtotal disclosed funding
28companies funded
103disclosed rounds
0rounds last 90 days
Most active investors
LetsVenture4 rounds
GSF3 rounds
IFC3 rounds
Angel List2 rounds
Badulipar2 rounds
British International Investment2 rounds
Chiratae Ventures2 rounds
Elevation Capital2 rounds
Ignis Capital2 rounds
Kae Capital2 rounds

Notable founders

Sachin Agrawal
Co-Founder · Bizongo
Shahid Memon
Co-Founder · Unbox Robotics
Pramod Ghadge
Co-Founder and CEO · Unbox Robotics
Ramaswamy Iyer
Founder & CEO · Vayana
Sanjoy Shome
Co-Founder & COO · Mintifi
Anup Agarwal
Co-Founder & CEO · Mintifi
Ram Kewalramani
Co-Founder & MD · CredAble
Rajiv Ramnarayan
Co-Founder · CredAble
Ajitabh Bharti
Co-Founder · CapitalXB Finance
Raj Narayanam
Founder & Executive Chairman · Zaggle
Avinash Godkhindi
CEO & Managing Director · Zaggle
Nikit Shrungarpawar
Co-Founder · TATHYA
Prism market signals · India · country-scoped Prism corpus, 6,186,632 docs

Market landscape — 10 sub-themes by coverage

Share of SCM Software coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many SCM Software companies are there in Maharashtra, India?
Radar tracks 97 indexable SCM Software companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by SCM Software companies in Maharashtra, India?
The SCM Software companies in Maharashtra, India on this list have raised a combined $649.5M in disclosed equity funding across 28 funded companies.
Which is the highest-funded SCM Software company in Maharashtra, India?
Bizongo is the highest-funded SCM Software company in Maharashtra, India, with $252.6M in disclosed equity funding.
How many SCM Software companies in Maharashtra, India are funded?
28 of the 97 SCM Software companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many SCM Software unicorns are there in Maharashtra, India?
None of the SCM Software companies in Maharashtra, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Maharashtra, India SCM Software companies?
The most active investors in Maharashtra, India SCM Software companies on this list include LetsVenture, GSF, IFC, Angel List, Badulipar.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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