EffiaSoft - About the company
EffiaSoft is an acquired company based in Hyderabad (India), founded in 2012 by Ramesh Kumar, Koushik Shee and Krishna Rao Akula. It operates as a Cloud based ERP products for SMBs. EffiaSoft has raised $448K in funding, with last known valuation of $*****. The company has 4102 active competitors, including 76 funded and 178 that have exited. Its top competitors include companies like Workday, Oracle and SAP.
Company Details
EffiaSoft is a cloud based ERP products for SMBs. It provides an ERP solution on cloud for small to medium organizations. Products include supply chain management, customer relationship management, HR management and manufacturing resource planning, financial and asset management, and Android POS solution.
- Website
- effiasoft.com
- Social
- Email ID
- *****@effiasoft.com
- Registered Address
- Plot #46, Jayabheri Enclave Phase-2 Gachibowli, Hyderabad, Hyderabad, Telangana, India, 500032
Key Metrics
Founded Year
2012
Location
Hyderabad, India
Stage
Acquired
Total Funding
$448K in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 27, 2025
Investors
Ranked
29th among 4102 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
178 as on Aug 31, 2025
Exit Details
Acquired by Zaggle (Mar 27, 2025)
Legal entities associated with EffiaSoft
EffiaSoft is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EFFIASOFT PRIVATE LIMITED CIN: U72300TG2012PTC084064 , India, Active | Nov 08, 2012 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 178 (As on Aug 01, 2025) |
EffiaSoft's acquisition details
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EffiaSoft's funding and investors
EffiaSoft has raised a total funding of $448K over 4 rounds. Its first funding round was on Jan 04, 2014. Its latest funding round was a Angel round on Sep 07, 2018 for $*****. 2 investors participated in its latest round. EffiaSoft has 1 institutional investor and 11 angel investors.
Here is the list of recent funding rounds of EffiaSoft:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 07, 2018 | 7958303 | Angel | 5898274 | 6756580 | 2253533 | 1782197 |
Oct 14, 2017 | 7586694 | Angel | 4582673 | 3552516 | 3102718 | |
Oct 31, 2016 | 9308430 | Angel | 2898753 | 4582810 |
Access funding benchmarks and valuations. Sign up today!View details of EffiaSoft's funding rounds and investors
EffiaSoft's founders and board of directors
Founder? Claim ProfileThe founders of EffiaSoft are Ramesh Kumar, Koushik Shee and Krishna Rao Akula. Koushik Shee is the CEO of EffiaSoft.
Here are the details of EffiaSoft's key team members:
- Ramesh Kumar: Co-Founder of EffiaSoft and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Koushik Shee: Founder & CEO & CTO of EffiaSoft and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Krishna Rao Akula: Co-Founder & COO of EffiaSoft. Contact Info: 1 email address
EffiaSoft's Board of Directors
EffiaSoft's board has 3 active members. Sankar V Ragavan, Lakshmanan Sankaran and Koushik Shee are part of team.Here is the list of EffiaSoft's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 13y 9m | |
Investor | - | Current | 9y 6m | |
Investor | - | Current | 8y 10m |
View details of EffiaSoft's Founder profiles and Board Members
EffiaSoft's employee count trend
EffiaSoft has 178 employees as of Aug 25. The total employee count is 6.0% lower than what it was in Aug 24. Here is EffiaSoft's employee count trend over the years:
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EffiaSoft's Competitors and alternates
Top competitors of EffiaSoft include Workday, Oracle and SAP. Here is the list of Top 10 competitors of EffiaSoft, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Workday 2005, Pleasanton (United States), Public | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd | Oracle 1977, Austin (United States), Public | Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management | - | 83/100 | |
3rd | Provider of business applications, technology, and cloud enterprise resource planning | - | 81/100 | ||
4th | Infor 2002, New York City (United States), Acquired | Cloud based ERP software for multi industries | $1.52B | 79/100 | |
5th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 77/100 | |
6th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
7th | ERP solution for range of industries and companies | - | 75/100 | ||
8th | Acumatica 2008, Kirkland (United States), Acquired | Provider of cloud enterprise resource planning software for business management | $48.3M | 74/100 | |
9th | Developer of open-source enterprise resource planning and customer relationship management | $483M | 71/100 | ||
10th | TeamSystem Pesaro (Italy), Acquired | Developer of software solutions for business management and payroll processing | - | 71/100 | |
29th | Cloud based ERP products for SMBs | $448K | 56/100 |
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EffiaSoft's Latest cap tables and shareholding
Founders own 44.18%, Angels (largest shareholder) own 48.88% and Other People own 6.96%. The net worth of EffiaSoft's founders is INR 6.7Cr as of Sep 07, 2018.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 44.18% | 6.7Cr | 6571317 | 7083269 | 2951145 | 6665104 |
4929127 | 2521052 | 6019612 | 1432990 | 6749136 | 5882362 | |
48 | 52 | 52 | 90 | 13 | 63 | |
Angel | 48.88% | 7.41Cr | 5536564 | 1994605 | 9878189 | 4573217 |
4651932 | 4418257 | 8564437 | 1419472 | 9247714 | 6788471 | |
7036541 | 5608686 | 2982100 | 3850846 | 8593400 | 7738349 | |
98 | 96 | 68 | 65 | 66 | 78 | |
6 | 2 | 3 | 5 | 8 | 8 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 6.96% | 1.05Cr | 437425 | 624370 | 840425 | 482220 |
Total | 100.00% | 15.2Cr | 9978870 | 5268840 | 4158653 | 7078734 |
To unlock detailed Cap Table of EffiaSoft 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 EffiaSoft's Shareholding
EffiaSoft's Investments and acquisitions
EffiaSoft has made no investments or acquisitions yet.
Reports related to EffiaSoft
Here is the latest report on EffiaSoft's sector:
News related to EffiaSoft
Media has covered EffiaSoft for a total of 2 events in the last 1 year, 1 of them has been about people movement.
•
Zaggle drops plan to buy majority stake in enterprise software firmVCCircle•Apr 06, 2026•EffiaSoft, Zaggle, MariApps
•
Zaggle to acquire majority stake in enterprise software firm EffiaSoftVCCircle•Mar 28, 2025•Zaggle, EffiaSoft
•
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