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Miles Software - About the company

Miles Software is an acquired company based in Mumbai (India), founded in 1999 by Rama Manharkant Ganatra, Rama Gantra, Kruti Gantra and Manharkant Gantra. It operates as a Back-office solutions for wealth managers. Miles Software has raised $8.54M in funding from investors like Zephyr Management, Zephyr Peacock and Lighthouse, with last known valuation of $*****. The company has 665 active competitors, including 104 funded and 102 that have exited. Its top competitors include companies like Addepar, KFin Technologies and FNZ.

Company Details

Miles Software offers back-office solutions to wealth managers, banks, brokerage houses, NBFC’s, and financial institutions. It features MoneyWare, Integra, FundWare, Vantage, and Custody for managing portfolios, trades, revenue/incentives, CRM, and financial planning processes.
Social
XFacebook
Email ID
*****@milessoft.com
Phone Number
+91 **********
Registered Address
Flat No. 101, First Floor, 4832/24, Ansari Road, Darya Ganj, Central Delhi, New Delhi, Delhi, India, 110002
Key Metrics
Founded Year
1999
Location
Mumbai, India
Stage
Acquired
Total Funding
$8.54M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 14, 2010
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2024
Employee Count
783 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Ebix (Sep 04, 2018)

Miles Software's acquisition details

Miles Software got acquired by Ebix on Sep 04, 2018.
Click here to take a look at Miles Software's acquisition in detail
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Miles Software's funding and investors

Miles Software has raised a total funding of $8.54M over 3 rounds. Its first funding round was on May 12, 2008. Its latest funding round was a Series A round on Jun 30, 2011 for $*****. 2 investors participated in its latest round. Miles Software has 3 institutional investors.

Here is the list of recent funding rounds of Miles Software:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 30, 2011
7648880
Series A
5257319
2827032
2280334
9148553
Jul 14, 2010
4581544
Unattributed
9504308
4962956
6103328
May 12, 2008
8177031
Unattributed
4988061
3254803
6650311
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Miles Software's founders and board of directors

Founder? Claim Profile
The founders of Miles Software are Rama Manharkant Ganatra, Rama Gantra, Kruti Gantra and Manharkant Gantra.
Here are the details of Miles Software's key team members:

Miles Software's Board of Directors

Miles Software's board has 3 active members. Milan Ganatra is part of team and Vikas Verma and Satya Bushan Kotru are independent board members.
Here is the list of Miles Software's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
26y 11m
qjtncsb
Team
-
Past
2y 2m
{ehcvdr
Team
-
Past
4y 5m
ppmgpxa
Investor
aclbma{
Past
3y 8m
txshrfh
Investor
mjrxigf
Past
4y 2m
boqcqfm
Investor
dfweoax
Past
9y 4m
xsvcklf
Independent board member
-
Past
9y 8m
kopityg
Independent board member
-
Past
6y 5m
e{zmogv
Independent board member
-
Past
5y 2m
jrpmeqx
Independent board member
-
Past
9y 5m

Miles Software's employee count trend

Miles Software has 783 employees as of May 26. Here is Miles Software's employee count trend over the years:
Employee count trend for Miles Software
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Miles Software's Competitors and alternates

Top competitors of Miles Software include Addepar, KFin Technologies and FNZ. Here is the list of Top 10 competitors of Miles Software, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Addepar
Addepar
2009, Mountain View (United States), Series G
Wealth management solutions for advisors
$759M
78/100
2nd
Logo for KFin Technologies
KFin Technologies
2017, Hyderabad (India), Public
App-based platform for investments in mutual funds
$42.1M
75/100
3rd
Logo for FNZ
FNZ
2003, London (United Kingdom), Acquired
Wealth management solutions for asset managers
$2.55B
74/100
4th
Logo for SEI
SEI
1968, Oaks (United States), Public
Wealth and investment management solutions for institutional investors
-
74/100
5th
Logo for Wealthy
Wealthy
2015, Bengaluru (India), Series B
Provides digital wealth management and curated investment platforms
$36.8M
74/100
6th
Logo for Altruist
Altruist
2018, Culver City (United States), Series F
Portfolio management software for financial advisors
$602M
71/100
7th
Logo for Avaloq
Avaloq
1985, Zurich (Switzerland), Acquired
Cloud-based solutions for financial institutions
$301M
70/100
8th
Logo for Broadridge
Broadridge
2007, Nassau (United States), Public
Provider of tech solution for financial service and customer communication
-
70/100
9th
Logo for Centricity
Centricity
2022, Gurugram (India), Seed
Digital private wealth management platform for individuals
$24M
67/100
10th
Logo for AdvisorEngine
AdvisorEngine
2014, New York City (United States), Acquired
Wealth management software platform empowering financial advisors with technology and services
$60.1M
64/100
29th
Logo for Miles Software
Miles Software
1999, Mumbai (India), Acquired
Back-office solutions for wealth managers
$8.54M
54/100
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Miles Software's Latest cap tables and shareholding

Founders own 0.00%, Funds own 0.00% and Parent Entities (largest shareholder) own 100.00%.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
-
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Fund
-
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Parent Entity
100.00%
6472778
7707287
4872120
9178949
3946819
Total
100.00%
4399701
4017725
6713915
2364701
7556853
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Miles Software's Shareholding

Miles Software's Investments and acquisitions

Miles Software has acquired Beans & Intellect Financial Technology. Miles Software has not made any investments as of now.

Reports related to Miles Software

Here is the latest report on Miles Software's sector:

News related to Miles Software

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FAQs about Miles Software

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