When was GirnarSoft founded?

GirnarSoft was founded in 2007 and became a unicorn in 2021, reaching the milestone in 14 years. It raised its 1st funding round 6 years after its incorporation.

Where is GirnarSoft located?

GirnarSoft is headquartered in Jaipur, India. It is registered at GIRNAR 21, GOVIND MARG MOTI DOONGARI ROAD, DHARM SINGH CIRCLE, JAIPUR, Rajasthan, India, 302004.

Who is the current CEO of GirnarSoft?

Amit Jain of GirnarSoft. They have also founded 4 companies and are angel investors in 61 startups, including Girnar Finserv and CarBay.

Which legal entities is GirnarSoft associated with?

GirnarSoft is associated with Girnar Software Private Limited and 6 others.

How many employees does GirnarSoft have?

As of Apr 30, 2025, GirnarSoft has 6709 employees, reflecting a 19% year-over-year decline in headcount.

Is GirnarSoft a funded company?

GirnarSoft is a funded company, having raised a total of $620M across 12 funding rounds to date. The company's 1st funding round was a $15M Series A round, raised on Nov 25, 2013.

How much is GirnarSoft worth?

The latest valuation of GirnarSoft is ₹8,610Cr as of Jan 19, 2022.

When was the latest funding round of GirnarSoft?

GirnarSoft's latest funding was a $50M Convertible Debt round on Oct 12, 2021, with participation from 0 investor. Its primary sector is IT Services. In India, the IT Services sector has seen $106M in funding in 2026 to date.

What is the annual revenue of GirnarSoft?

Annual revenue of GirnarSoft is more than ₹1,000 Cr as on Mar 31, 2025

Is GirnarSoft a IT Services company?

The primary sector of GirnarSoft is IT Services.

Where does GirnarSoft rank among its competitors?

GirnarSoft ranks 1st amongst 75488 active competitors, of which 341 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Granite, which secured $10M in Nov, 2025.

Who are the top competitors of GirnarSoft?

GirnarSoft's top competitors include Unicorn, Gigster and Hedgehog lab. Among them, Granite secured the most recent funding round in November, 2025.

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

Sectors and market segments that GirnarSoft operate in

GirnarSoft serves in the Business Services market segments.The primary business model of GirnarSoft is:

Business Services > IT Services > ***** **** > ***** ******

Company Details

Provider of AI-augmented engineering and software development services. The company delivers scalable digital solutions, enterprise platforms, and custom software development through a hybrid model of human expertise and agentic AI workflows. Services include staff augmentation, dedicated development teams, and end-to-end product engineering for web, mobile, and cloud environments. The firm focuses on accelerating development cycles, ensuring production-ready code quality, and providing technical support across various industry sectors.

Website: girnarsoft.com
Social
Email ID: *****@girnarsoft.com
Registered Address: GIRNAR 21, GOVIND MARG MOTI DOONGARI ROAD, DHARM SINGH CIRCLE, JAIPUR, Rajasthan, India, 302004

Key Metrics

Founded Year

2007

Location

Jaipur, India

Stage

Series E

Total Funding

$620M in 12 rounds

Latest Funding Round

Convertible Debt, Oct 12, 2021, $50M

Post Money Valuation

₹8,610Cr as on Jan 19, 2022

Investors

Peak XV Partners & 44 more

Ranked

1^st among 75488 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

6,709 as on Apr 30, 2025

Investment & Acquisitions

Nuvah & 24 more

Similar Companies

Unicorn & 97616 more

View GirnarSoft's full profile

GirnarSoft is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Girnar Growth Ventures Llp CIN: ABD-0580 , India, Active	Feb 14, 2023	0 - ₹10 Cr (As on Mar 31, 2025)	2426 (As on Apr 30, 2025)
GIRNARSOFT EDUCATION SERVICES PRIVATE LIMITED CIN: U80302RJ2015PTC047265 , India, Active	Mar 26, 2015	₹100 - ₹500 Cr (As on Mar 31, 2025)	581 (As on Mar 01, 2026)
GIRNAR CARS PRIVATE LIMITED CIN: U24100MH2010PTC268846 , India, Active	Mar 12, 2010	0 - ₹10 Cr (As on Mar 31, 2025)	-
GIRNAR FINSERV PRIVATE LIMITED CIN: U74110HR2019PTC136340 , India, Active	Apr 01, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	272 (As on May 01, 2026)
Girnar Software Private Limited CIN: U63121RJ2006PTC023499 , India, Active	Dec 21, 2006	₹1,000+ Cr (As on Mar 31, 2025)	2428 (As on May 01, 2026)
Girnar Retail Private Limited CIN: U82990RJ2011PTC033971 , India, Active	Jan 26, 2011	0 - ₹10 Cr (As on Mar 31, 2018)	742 (As on Apr 30, 2025)
GIRNARSOFT AUTOMOBILES PRIVATE LIMITED CIN: U50300RJ2010PTC032194 , India, Active	Jun 24, 2010	₹10 - ₹50 Cr (As on Mar 31, 2025)	196 (As on Apr 01, 2026)

GirnarSoft has raised a total funding of $620M over 12 rounds. Its first funding round was on Nov 25, 2013. GirnarSoft has 38 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of GirnarSoft:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 12, 2021	$50M	Convertible Debt	$1.08B	-	-	-
Oct 12, 2021	$200M	Series E	$1.05B	-	Canyon Partners, Dimpy Kanwar	Franklin Templeton India, Mirae Asset Capital Markets, Harbor Capital Advisors, Flucas Ventures, Lenarco, Gaingels, Emerald Inclusion, Vijay Singh Thakor, Mukul Mahavir Agarwal, Orios Venture Partners, Verity Knowledge Solutions, Parth Ashok Maheshwari, Axis AMC, FinSight, OurCrowd, Aza Jewellery, Peak XV Partners, Hillhouse, CapitalG, LeapFrog Investments, Franklin Templeton Investments, Harbor Spring Capital, Sunley House Capital Management, Mirae Asset Capital Markets
Nov 26, 2019	$72M	Series D	$568M	-	Ping An, Hillhouse, Peak XV Partners	Lenarco, Advent International

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View details of GirnarSoft's funding rounds and investors

The founders of GirnarSoft are Amit Jain and Anurag Jain. Amit Jain is the CEO of GirnarSoft.

Here are the details of GirnarSoft's key team members:

Amit Jain: Co-Founder & CEO of GirnarSoft and founder of 17 other companies, including Girnar Finserv, CarBay and Ronday. They are also an angel investor in 61 startups and serve on the boards of 7 companies.
Contact Info: 2 phone numbers
Anurag Jain: Co-Founder & COO of GirnarSoft and founder of 10 other companies, including Girnar Finserv, Ronday and Girnar Newtel. They are also an angel investor in 2 startups and serve on the boards of 3 companies.
Contact Info: 2 phone numbers

GirnarSoft's Board of Directors

GirnarSoft's board has 7 active members. Amit Jain and Anurag Jain are part of team and Anurag Jain, Umang Kumar, Shailesh Lakhani, Ishaan Mittal and Parthasarathy Vankipuram Vankipuram Srinivasa are independent board members.

Here is the list of GirnarSoft's board of directors:

Name	Type	Representing	Status	Duration
Amit Jain	Team	-	Past	8y 10m
Anurag Jain	Team	-	Past	6y 8m
Anurag Jain	Independent board member	-	Current	19y 10m
Umang Kumar	Independent board member	-	Current	11y 0m
Shailesh Lakhani	Independent board member	-	Current	12y 11m
Ishaan Mittal	Independent board member	-	Current	10y 10m
Parthasarathy Vankipuram Vankipuram Srinivasa	Independent board member	-	Current	4y 6m

View details of GirnarSoft's Founder profiles and Board Members

GirnarSoft's employee count trend

GirnarSoft has 6,709 employees as of Apr 25. The total employee count is 19.0% lower than what it was in Apr 24. Here is GirnarSoft's employee count trend over the years:

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Top competitors of GirnarSoft include Unicorn, Gigster and Hedgehog lab. Here is the list of Top 10 competitors of GirnarSoft, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GirnarSoft 2007, Jaipur (India), Series E	Provider of AI-augmented engineering and software development services	$620M	CapitalG, Tybourne Capital Management & 43 others	78/100
2nd	Unicorn 1990, Prague (Czech Republic), Acquired	Provider of software development services	$12M	iAngels, Israel Seed Partners & 4 others	67/100
3rd	Gigster 2013, Austin (United States), Acquired	Provider of software development services	$32.5M	Redpoint Ventures, Felicis Ventures & 22 others	65/100
4th	Hedgehog lab 2007, Newcastle Upon Tyne (United Kingdom), Series A	Provider of mobile application development and UX design services	$9.49M	Maven Capital Partners, BGF & 1 others	60/100
5th	Capital Numbers 2012, Kolkata (India), Public	Provider of application development and DevOps services	-	-	58/100
6th	Tset 2017, Kuchl (Austria), Acquired	Provider of software development services	$13.8M	Carbon Removal Partners, Brose & 2 others	57/100
7th	Granite 2008, Cork (Ireland), Series A	Agency providing strategy and technology services	$10M	BGF, Continuous Ventures	56/100
8th	Waracle 2007, Dundee (United Kingdom), Acquired	Mobile app development and IoT firm	$6.32M	BGF	57/100
9th	Mindteck 1991, Bengaluru (India), Public	Mindteck provides IT & Product Engineering Services	-	-	56/100
10th	Fixstars Corporation 2002, Tokyo (Japan), Public	Provider of software acceleration solutions and cloud services	-	Mirai Creation Fund, SMBC Venture Capital ... & 2 others	56/100

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Girnar Software Private Limited, the legal entity associated with GirnarSoft, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of Girnar Software Private Limited has a compounded annual growth rate (CAGR) of 24% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	8814	2134	2034	2404	3768
Total Sales	5759	9289	3730	2755	1835
Total Expenses	4661	2946	5569	7364	5702
Operating Expenses	5635	6181	9293	9129	9068
Employee Expenses	7891	9332	6039	8781	3530
Marketing Expenses	6689	5831	3025	5507	9288
Operating Income (EBIT)	8975	9961	6317	7525	5944
Interest Expenses	5626	2077	2257	9314	2351
Expenses from other activities	8536	6315	3940	3579	7252
Information Technology Expenses	7718	2060	7938	2132	2881
EBITDA	9876	9994	4261	4986	3355
Taxes	7586	2420	5639	7036	6208
Net Profit	6133	9574	2653	6477	7828
Balance Sheet
Assets	9863	5566	3565	1444	3125
Cash Equivalent	2889	3556	8778	5308	4036
Accounts Receivables	7126	9789	8626	4446	1130
Inventory	6582	4718	9881	9002	5625
Liabilities	6585	5351	3946	4459	7753
Total Debt	8794	5743	7267	9546	3943
Accounts Payable	8150	3855	4782	5509	2333
Equities	6682	7065	8836	6518	6101
Cashflow Statement
Cash from Operating activities	1447	7793	3283	1005	2718
Cash from Investing activities	3965	6223	7705	3558	9102
Net cash from Financing activities	1309	7539	2697	4736	2211

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 24.78%, Funds (largest shareholder) own 66.39%, Enterprises own 4.37% and Angels own 0.61%. The net worth of GirnarSoft's founders is INR 2,130Cr as of Jan 19, 2022. The cap table displayed below is for Girnar Software Private Limited which is the legal entity associated with GirnarSoft.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	24.78%	2,130Cr	3300502	1980889	1977802	9635113
Amit Jain	3255766	5939405	6756654	1537156	8297995	6145037
Anurag Jain	4063209	3316352	9846022	1406831	8016977	2329973
Fund	66.39%	5,980Cr	8645047	8646455	6738353	4590736
Peak XV Partners	9564954	7574287	2648188	2388530	1796170	1504229
Lenarco	269915	797892	599690	816320	439886	109577
Ping An	449	696	121	767	574	120
LeapFrog Investments	826	863	432	535	532	360
CapitalG	98	47	59	64	24	61
Canyon Partners	2	3	3	3	4	1
KMK Online	8	2	7	8	8	3
Franklin Templeton India	0	0	0	0	0	0
Mirae Asset Capital Markets	0	0	0	0	0	0
Harbor Capital Advisors	0	0	0	0	0	0
FinSight	0	0	0	0	0	0
Axis AMC	0	0	0	0	0	0
OurCrowd	0	0	0	0	0	0
Orios Venture Partners	0	0	0	0	0	0
Gaingels	0	0	0	0	0	0
Trifecta Capital	0	0	0	0	0	0
Flucas Ventures	0	0	0	0	0	0
RNT Associates	0	0	0	0	0	0
Tybourne Capital Management	0	0	0	0	0	0
Enterprise	4.37%	376Cr	5231	2961	5535	5131
Angel	0.61%	52.2Cr	0	0	0	0
Dimpy Kanwar	0	0	0	0	0	0
Mukul Mahavir Agarwal	0	0	0	0	0	0
Parth Ashok Maheshwari	0	0	0	0	0	0
Vijay Singh Thakor	0	0	0	0	0	0
ESOP Pool	3.85%	331Cr	496	846	906	312
Other Investors	0.00%	36.5L	0	0	0	0
Total	100.00%	8,870Cr	6409941	6391602	2729176	7488147

Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

GirnarSoft has made 22 investments in companies including Nuvah and House of Makhana. GirnarSoft has also acquired 3 companies including Volob and Advanced Structures.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 27, 2026	Investments	Nuvah	2025	Mumbai (India)
Feb 23, 2026	Investments	House of Makhana	2023	Dera Bassi (India)
Aug 13, 2025	Investments	Solar 91	2015	Gurugram (India)