When was FactoryPlus founded?

FactoryPlus was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is FactoryPlus located?

FactoryPlus is headquartered in Noida, India. It is registered at B-229, RAMPRASTHA, Ghaziabad, GHAZIABAD, Uttar Pradesh, India, 201011.

Which legal entities is FactoryPlus associated with?

FactoryPlus is associated with FACTORY ONE PRIVATE LIMITED.

How many employees does FactoryPlus have?

As of Sep 30, 2026, the latest employee count at FactoryPlus is 5.

Is FactoryPlus a funded company?

FactoryPlus is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Sep 07, 2021.

How much is FactoryPlus worth?

The last known valuation of FactoryPlus was ₹***** as of Sep 07, 2021.

When was the latest funding round of FactoryPlus?

FactoryPlus' latest funding was a $***** Seed round on Sep 07, 2021, with participation from 7 investors.

What is the annual revenue of FactoryPlus?

Annual revenue of FactoryPlus is less than ₹10 Cr as on Mar 31, 2023

Where does FactoryPlus rank among its competitors?

FactoryPlus ranks 22nd amongst 608 active competitors, of which 40 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Operations1, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of FactoryPlus?

FactoryPlus' top competitors include Steelhead Technologies, Amper and AMFG. Among them, Operations1 secured the most recent funding round in July, 2026.

FactoryPlus - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Cloud-based factory management software for the manufacturing industry. It provides a factory management platform for manufacturers. Some of its features are bookkeeping & order processing management, vendor & customer management, employee & hiring management, logistics & transportation management, etc.

Website: factoryplus.in
Social
Email ID: *****@factoryplus.in
Phone Number: +91 **********
Part Of
Registered Address: B-229, RAMPRASTHA, Ghaziabad, GHAZIABAD, Uttar Pradesh, India, 201011

Key Metrics

Founded Year

2021

Location

Noida, India

Stage

Acquired

Total Funding

$492K in 1 round

Latest Funding Round

Seed, Sep 07, 2021, $*****

Last Known Valuation

₹***** as on Sep 07, 2021

Investors

Wellfound & 11 more

Ranked

22^nd among 608 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2023

Employee Count

5 as on Sep 30, 2026

Similar Companies

Steelhead Technologies & 651 more

Exit Details

Acquired by Bizongo (Nov 21, 2023)

View FactoryPlus' full profile

FactoryPlus is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
FACTORY ONE PRIVATE LIMITED CIN: U72900UP2021PTC145917 , India, Under liquidation	May 05, 2021	0 - ₹10 Cr (As on Mar 31, 2023)	3 (As on Jul 31, 2023)

FactoryPlus got acquired by Bizongo on Nov 21, 2023.

Click here to take a look at FactoryPlus's acquisition in detail

FactoryPlus has raised a total funding of $492K over 1 round. Its latest funding round was a Seed round on Sep 07, 2021 for $*****. 7 investors participated in its latest round. FactoryPlus has 9 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of FactoryPlus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 07, 2021	5934984	Seed	3297579	7524338	3010630	9867402

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View details of FactoryPlus's funding rounds and investors

The founders of FactoryPlus are Vatsal Rustagi and Bikash Dash.

Here are the details of FactoryPlus' key team members:

Vatsal Rustagi: Co-Founder of FactoryPlus and founder of 1 other company. They serve on the board of 1 company.
Bikash Dash: Former Co-Founder of FactoryPlus. They serve on the board of 1 company.

FactoryPlus' Board of Directors

FactoryPlus's board has 3 active members. Vatsal Rustagi, Bikash Dash and Sparsh Koyarala are part of team.

Here is the list of FactoryPlus' board of directors:

Name	Type	Representing	Status	Duration
Vatsal Rustagi	Team	-	Current	5y 5m
Bikash Dash	Team	-	Current	5y 5m
Sparsh Koyarala	Team	-	Current	5y 5m

View details of FactoryPlus's Founder profiles and Board Members

FactoryPlus' employee count trend

FactoryPlus has 5 employees as of Sep 26. Here is FactoryPlus's employee count trend over the years:

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Top competitors of FactoryPlus include Steelhead Technologies, Amper and AMFG. Here is the list of Top 10 competitors of FactoryPlus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Steelhead Technologies 2021, Houghton (United States), Series C	Developer of manufacturing process management software for job shops	$107M	Innovius Capital, Mainsail Partners & 4 others	61/100
2nd	Amper 2016, Chicago (United States), Acquired	Provider of manufacturing execution system software for production control and improvement	$14.9M	Alchemist Accelerator, HAX & 12 others	58/100
3rd	AMFG 2013, London (United Kingdom), Series A	Cloud-based manufacturing execution system suite solutions	$9.75M	2050 Capital, SFC Capital & 36 others	57/100
4th	Operations1 2016, Augsburg (Germany), Series B	Cloud-based suite solutions for the manufacturing industry	$16.9M	42 Capital, OpenOcean & 8 others	56/100
5th	Maneva 2021, North York (Canada), Series A	AI solutions for manufacturing focusing on real-time issue detection and automation	$38.4M	USVP, Bling Capital & 5 others	54/100
6th	Critical Manufacturing 2009, Porto (Portugal), Series A	MES Software for high tech industry	-	ASM Pacific Technology, Critical Ventures ... & 1 others	53/100
7th	Smart Craft 2021, Shibuya (Japan), Seed	Provider of cloud platform for digitalizing and managing manufacturing processes	$2.61M	Genesia Ventures, Mitsubishi UFJ Capital & 3 others	50/100
8th	Bamboo Rose 2001, Gloucester (United States), Series A	Online B2B marketplace for product and supply chain management	-	Rubicon Technology Partners, Insight Partners ... & 1 others	47/100
9th	ATS Applied Tech Systems 1986, Haarlem (Netherlands), Funding Raised	Products & services for all three levels of the automation pyramid	-	Rabo Investments, Rabo Corporate Investments ... & 1 others	47/100
10th	Tacto 2020, Munich (Germany), Series A	Developer of artificial intelligence software for industrial procurement process management	$59.7M	UVC Partners, Visionaries Club & 10 others	46/100
22nd	FactoryPlus 2021, Noida (India), Acquired	Cloud-based factory management software for the manufacturing industry	$492K	Titan Capital, BlueLotus & 10 others	40/100

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Founders (largest shareholder) own 78.00%, Funds own 9.00%, Angels own 3.00% and ESOP Pool own 10.00%. The net worth of FactoryPlus's founders is INR 23.4Cr as of Sep 07, 2021. The cap table displayed below is for FACTORY ONE PRIVATE LIMITED which is the legal entity associated with FactoryPlus.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	78.00%	23.4Cr	5091944	8114697	3594615	4220853
Bikash Dash	2355810	7290974	3945490	5698107	1466250	8975158
Vatsal Rustagi	9667163	4326254	1517469	8550883	9275140	2594508
Fund	9.00%	2.7Cr	3577834	6833792	4850409	4671259
Angel	3.00%	89.9L	104	393	715	283
Kunal Bahl	7	4	8	5	5	2
ESOP Pool	10.00%	3Cr	4412395	3529880	8694448	6269333
Total	100.00%	30Cr	8608361	4477879	8570377	6709898