GirnarSoft - About the company
GirnarSoft is a series E company based in Jaipur (India), founded in 2007 by Amit Jain and Anurag Jain. It operates as a Provider of AI-augmented engineering and software development services. GirnarSoft has raised $620M in funding from investors like Peak XV Partners, Hillhouse and KMK Online, with a current valuation of ₹8,610Cr. The company has 74571 active competitors, including 341 funded and 1369 that have exited. Its top competitors include companies like Unicorn, Gigster and Hedgehog lab.
Sectors and market segments that GirnarSoft operate in
GirnarSoft serves in the Business Services market segments.The primary business model of GirnarSoft is: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
- 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
Post Money Valuation
₹8,610Cr as on Jan 19, 2022
Investors
Ranked
1st among 74571 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
6,709 as on Apr 30, 2025
Similar Companies
Legal entities associated with GirnarSoft
GirnarSoft is associated with 7 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
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) |
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GirnarSoft's funding and investors
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:
Filter this list
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 | - | 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 | - |
View details of GirnarSoft's funding rounds and investors
GirnarSoft's founders and board of directors
Founder? Claim ProfileHere 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 |
|---|---|---|---|---|
Team | - | Past | 8y 10m | |
Team | - | Past | 6y 8m | |
Independent board member | - | Current | 19y 10m | |
Independent board member | - | Current | 11y 0m | |
Independent board member | - | Current | 12y 11m | |
Independent board member | - | Current | 10y 10m | |
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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GirnarSoft's Competitors and alternates
Top competitors of GirnarSoft include Unicorn, Gigster and Hedgehog lab. Here is the list of Top 10 competitors of GirnarSoft, ranked by Tracxn score:
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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 | 78/100 | |
2nd | Unicorn 1990, Prague (Czech Republic), Acquired | Provider of software development services | $12M | 67/100 | |
3rd | Gigster 2013, Austin (United States), Acquired | Provider of software development services | $32.5M | 65/100 | |
4th | Hedgehog lab 2007, Newcastle Upon Tyne (United Kingdom), Series A | Provider of mobile application development and UX design services | $9.49M | 60/100 | |
5th | Capital Numbers 2012, Kolkata (India), Public | Provider of application development and DevOps services | - | - | 58/100 |
6th | Provider of software development services | $13.8M | 57/100 | ||
7th | Agency providing strategy and technology services | $10M | 56/100 | ||
8th | Waracle 2007, Dundee (United Kingdom), Acquired | Mobile app development and IoT firm | $6.32M | 56/100 | |
9th | Fixstars Corporation 2002, Tokyo (Japan), Public | Provider of software acceleration solutions and cloud services | - | 56/100 | |
10th | FPT Software 1999, Hanoi (Vietnam), Unfunded | Provider of application development and UI/UX design services | - | - | 56/100 |
Looking for more details on GirnarSoft's competitors? Click here to see the top ones
Financials of GirnarSoftFY 25 Available
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 | 9690 | 3258 | 2371 | 6235 | 2953 |
Total Sales | 4238 | 6329 | 7633 | 8144 | 8590 |
Total Expenses | 7147 | 6243 | 1638 | 4663 | 9255 |
Operating Expenses | 9348 | 3764 | 9414 | 2595 | 2778 |
Employee Expenses | 4968 | 7655 | 9052 | 6565 | 1574 |
Marketing Expenses | 5711 | 9628 | 9444 | 9537 | 8042 |
Operating Income (EBIT) | 3945 | 1060 | 3406 | 5864 | 7384 |
Interest Expenses | 9364 | 9307 | 6463 | 4027 | 6844 |
Expenses from other activities | 8146 | 3021 | 7305 | 7405 | 1655 |
Information Technology Expenses | 7393 | 4611 | 8475 | 1354 | 3155 |
EBITDA | 7584 | 3772 | 6210 | 6496 | 1383 |
Taxes | 8153 | 5926 | 4971 | 4757 | 2190 |
Net Profit | 2689 | 4631 | 3457 | 1005 | 7046 |
Balance Sheet | |||||
Assets | 4540 | 4923 | 9164 | 1516 | 3916 |
Cash Equivalent | 7377 | 6052 | 2538 | 4860 | 5574 |
Accounts Receivables | 1956 | 1841 | 1641 | 2807 | 4833 |
Inventory | 4473 | 5096 | 3967 | 4104 | 6417 |
Liabilities | 4410 | 1030 | 6333 | 6191 | 2881 |
Total Debt | 7166 | 8991 | 5138 | 8367 | 9794 |
Accounts Payable | 9720 | 2959 | 1858 | 8714 | 6223 |
Equities | 2090 | 7691 | 1340 | 4939 | 4054 |
Cashflow Statement | |||||
Cash from Operating activities | 2854 | 7757 | 7252 | 4976 | 3789 |
Cash from Investing activities | 1568 | 5960 | 2602 | 5918 | 9966 |
Net cash from Financing activities | 5220 | 4840 | 1195 | 4718 | 5398 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
GirnarSoft's Investments and acquisitions
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 | 2025 | Mumbai (India) | |
Feb 23, 2026 | Investments | 2023 | Dera Bassi (India) | |
Aug 13, 2025 | Investments | 2015 | Gurugram (India) |
See all investments and acquisitions by GirnarSoft
Reports related to GirnarSoft
Here is the latest report on GirnarSoft's sector:
News related to GirnarSoft
Media has covered GirnarSoft for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
CarTrade and CarDekho mutually call off acquisition talksEntrackr•Nov 27, 2025•CarDekho, GirnarSoft, CarTrade Tech, BikeDekho
•
CarTrade Reportedly in Talks to Acquire Rival CarDekho in $1.2 Bn DealStartupNews•Nov 11, 2025•CarDekho, CarTrade Tech, GirnarSoft
•
CarDekho parent Girnar's revenue slips in FY24 but loss narrowsVCCircle•Sep 06, 2024•CarDekho, GirnarSoft
•
India’s InsuranceDekho buys insurance distributor IRSSLife Insurance International•Apr 20, 2023•InsuranceDekho, IRSS, Verak, Sequoia Capital and 2 others
•
CarDekho drives into financing options for automobile customersVCCircle•Apr 26, 2022•GirnarSoft, CarDekho
•
Raising $250 Million In Latest Funding Round, CarDekho Is India’s Latest UnicornZigWheels•Oct 13, 2021•CarDekho, LeapFrog Investments, Canyon Partners, Sequoia Capital and 8 others
•
InsuranceDekho said to receive $20m investment to increase online presenceFintech•Sep 22, 2020•InsuranceDekho, GirnarSoft
•
Cardekho To Invest $20 Million In Used Car Business In Fy21Indiatimes•Aug 17, 2020•CarDekho, GirnarSoft
•
CarDekho Raises US$70M in Series D FundingFinSMEs•Jan 03, 2020•CarDekho, Sequoia Capital, Hillhouse Capital Group, Ping An and 3 others
•
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