Decimal Technology - About the company
Decimal Technology is a seed company based in Gurugram (India), founded in 2009 by Manav Yagnik, Lalit Mehta, Arvind Nahata and Tulsi Das Mehta. It operates as a Developer of a no-code platform for enterprise application development solutions. Decimal Technology has raised $3.48M in funding, with a current valuation of ₹*****. The company has 919 active competitors, including 147 funded and 51 that have exited. Its top competitors include companies like Appian, Bubble and Glia.
Company Details
Developer of a no-code platform for enterprise application development solutions. The platform offers tools for building core business systems, workflow automation, and customer applications. It provides solutions for industries like banking, finance, and insurance. The platform also features an API marketplace and resources for developers, including a developer portal and academy.
- Website
- decimaltech.com
- Email ID
- *****@decimal.co.in
- Phone Number
- +91 **********
- Registered Address
- 12th Floor, M3M Urbana Business Park, Sector 67, Gurugram, Gurgaon, Gurgaon, Basai Road, Haryana, India, 122001
Key Metrics
Founded Year
2009
Location
Gurugram, India
Stage
Seed
Total Funding
$3.48M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Dec 27, 2023
Investors
Ranked
51st among 919 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
458 as on Jul 31, 2025
Legal entities associated with Decimal Technology
Decimal Technology is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DECIMAL TECHNOLOGIES PRIVATE LIMITED CIN: U72300HR2009PTC039652 , India, Active | Nov 03, 2009 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 458 (As on Jul 31, 2025) |
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Decimal Technology's funding and investors
Decimal Technology has raised a total funding of $3.48M over 3 rounds. Its first funding round was on Mar 31, 2022. Decimal Technology has 1 institutional investor and 10 angel investors.
Here is the list of recent funding rounds of Decimal Technology:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 05, 2024 | 3216672 | Seed | 2368553 | 3249485 | 6455224 | 6399843 |
Dec 27, 2023 | 7530949 | Seed | 9916010 | 6469522 | 2199833 | 3056793 |
Mar 31, 2022 | 5872531 | Seed | 2386968 | 5204923 |
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Decimal Technology's founders and board of directors
Founder? Claim ProfileThe founders of Decimal Technology are Manav Yagnik, Lalit Mehta, Arvind Nahata and Tulsi Das Mehta. Lalit Mehta is the CEO of Decimal Technology.
Here are the details of Decimal Technology's key team members:
- Manav Yagnik: Co-Founder of Decimal Technology. They are also an angel investor in 2 startups and serve on the board of 1 company.
- Lalit Mehta: Co-Founder & CEO of Decimal Technology and founder of 1 other company. They serve on the board of 1 company.
- Arvind Nahata: Co-Founder & CBO of Decimal Technology. They serve on the board of 1 company.Contact Info: 1 email address
- Tulsi Das Mehta: Co-Founder of Decimal Technology. They are also an angel investor in 1 startup.
Decimal Technology's Board of Directors
Decimal Technology's board has 2 active members. Lalit Mehta and Arvind Nahata are part of team.Here is the list of Decimal Technology's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 16y 7m | |
Team | - | Current | 14y 3m | |
m{czzpb | Team | - | Past | 7y 5m |
deyzsai | Independent board member | - | Past | 8y 5m |
View details of Decimal Technology's Founder profiles and Board Members
Decimal Technology's employee count trend
Decimal Technology has 458 employees as of Jul 25. The total employee count is 24.0% more than what it was in Jul 24. Here is Decimal Technology's employee count trend over the years:
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Decimal Technology's Competitors and alternates
Top competitors of Decimal Technology include Appian, Bubble and Glia. Here is the list of Top 10 competitors of Decimal Technology, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Appian 1999, Reston (United States), Public | Cloud based low code application development and automation platform | $47.5M | 76/100 | |
2nd | Bubble 2012, New York City (United States), Series A | Cloud based no code web application development tool | $106M | 74/100 | |
3rd |  Glia 2012, New York City (United States), Series D | Developer of an AI contact center platform for financial institutions | $152M | 68/100 | |
4th | OutSystems 2001, Linda A Velha (Portugal), Series F | Developer of a low-code platform with AI-powered application development capabilities | $803M | 68/100 | |
5th |  Kasisto Tech 2013, New York (United States), Acquired | Provider of an AI based conversational banking solution | $90.9M | 67/100 | |
6th | Shift Technology 2014, Paris (France), Series D | Provider of AI solutions for insurance underwriting, claims, and risk | $320M | 67/100 | |
7th |  Genesis Global 2015, London (United Kingdom), Series C | Cloud based low code application development platform | $268M | 66/100 | |
8th | Provider of AI-powered customer service automation platform and agent assistance | $165M | 66/100 | ||
9th | Modo Labs 2010, Cambridge (United States), Series B | Digital engagement and no-code application development platform | $14.4M | 66/100 | |
10th |  Fundamento 2020, San Francisco (United States), Seed | Developer of AI voice agent for automating lending customer interactions | $3.67M | 65/100 | |
51st |  Decimal Technology 2009, Gurugram (India), Seed | Developer of a no-code platform for enterprise application development solutions | $3.48M | 49/100 |
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Decimal Technology's Latest cap tables and shareholding
Founders (largest shareholder) own 93.15%, Enterprises own 0.24%, Angels own 0.90% and Other People own 5.71%. The net worth of Decimal Technology's founders is INR 293Cr as of Dec 27, 2023.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 93.15% | 293Cr | 6846133 | 4404131 | 6730026 | 6359119 |
4507169 | 3184624 | 7010949 | 6667160 | 1918196 | 9435794 | |
8445328 | 3546970 | 3227870 | 7919061 | 4530213 | 7320020 | |
5233822 | 3178472 | 4035066 | 9154702 | 9670925 | 5823276 | |
Enterprise | 0.24% | 75L | 0 | 0 | 0 | 0 |
Angel | 0.90% | 2.85Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 5.71% | 18Cr | 62489 | 88606 | 35463 | 31498 |
Total | 100.00% | 315Cr | 8696251 | 3847951 | 3761930 | 5829450 |
To unlock detailed Cap Table of Decimal Technology Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Decimal Technology's Shareholding
Decimal Technology's Investments and acquisitions
Decimal Technology has made no investments or acquisitions yet.
Reports related to Decimal Technology
Here is the latest report on Decimal Technology's sector:
News related to Decimal Technology
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Decimal, a Leading Accounting Fintech Company, Acquires SaaS Bookkeeping Assets of KPMG SparkPRWeb•Nov 30, 2022•Decimal, KPMG, KPMG, Decimal Technology and 1 other
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Decimal Technologies appoints Shikha Dhillon as the Head of HRPeople Matters•Sep 01, 2021•Decimal Technology, HT Media
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Decimal Technologies disbursed loans worth $200 million on its No-Code platformFinancial IT•Apr 14, 2021•Decimal Technology
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