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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.
Social
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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
Post Money Valuation
₹8,610Cr as on Jan 19, 2022
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
6,709 as on Apr 30, 2025
Investment & Acquisitions
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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.

GirnarSoft's founders and board of directors

Founder? Claim Profile
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:

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

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:
Employee count trend for GirnarSoft
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GirnarSoft
GirnarSoft
2007, Jaipur (India), Series E
Provider of AI-augmented engineering and software development services
$620M
78/100
2nd
Logo for Unicorn
Unicorn
1990, Prague (Czech Republic), Acquired
Provider of software development services
$12M
67/100
3rd
Logo for Gigster
Gigster
2013, Austin (United States), Acquired
Provider of software development services
$32.5M
65/100
4th
Logo for Hedgehog lab
Hedgehog lab
2007, Newcastle Upon Tyne (United Kingdom), Series A
Provider of mobile application development and UX design services
$9.49M
60/100
5th
Logo for Capital Numbers
Capital Numbers
2012, Kolkata (India), Public
Provider of application development and DevOps services
-
-
58/100
6th
Logo for Tset
Tset
2017, Kuchl (Austria), Acquired
Provider of software development services
$13.8M
57/100
7th
Logo for Granite
Granite
2008, Cork (Ireland), Series A
Agency providing strategy and technology services
$10M
56/100
8th
Logo for Waracle
Waracle
2007, Dundee (United Kingdom), Acquired
Mobile app development and IoT firm
$6.32M
 
56/100
9th
Logo for Fixstars Corporation
Fixstars Corporation
2002, Tokyo (Japan), Public
Provider of software acceleration solutions and cloud services
-
56/100
10th
Logo for FPT Software
FPT Software
1999, Hanoi (Vietnam), Unfunded
Provider of application development and UI/UX design services
-
-
56/100
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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)

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  • Financial Summary & Charts
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GirnarSoft's Latest cap tables and shareholding

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
6629316
2091285
3463795
7297389
4714345
4758693
4328456
6203694
4323608
6296398
5424121
5301637
1916393
4667539
8590699
5640061
Fund
66.39%
5,980Cr
7310687
4083821
2959854
5979891
1635316
4564095
2433881
7839343
5111337
4002094
432202
751697
317527
607531
576799
663378
419
219
660
190
710
882
463
174
270
175
407
802
34
64
91
44
46
18
6
3
8
7
1
5
5
6
5
5
6
5
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
4.37%
376Cr
5465
4341
5201
7831
Angel
0.61%
52.2Cr
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
ESOP Pool
3.85%
331Cr
520
177
526
882
Other Investors
0.00%
36.5L
0
0
0
0
Total
100.00%
8,870Cr
1951217
1412797
6175677
4397330
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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:lockFilter 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)
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Reports related to GirnarSoft

Here is the latest report on GirnarSoft's sector:

News related to GirnarSoft

lockFilter this list
Media has covered GirnarSoft for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
India’s InsuranceDekho buys insurance distributor IRSSLife Insurance International•Apr 20, 2023•InsuranceDekho, IRSS, Verak, Sequoia Capital and 2 others
•
GirnarSoft's CarDekho to hire 2,000 peoplePeople Matters•Jul 09, 2019•GirnarSoft
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