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Recordent - About the company

Recordent is a seed company based in Hyderabad (India), founded in 2018 by Harish Mamtani Inder, Winny Patro and Jay Sheth. It operates as an Accounts receivables and credit management solutions for businesses. Recordent has raised $400K in funding from IIMCIP. The company has 23 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Upflow, Professional Invoicing and Bix42.

Company Details

Accounts receivables and credit management solutions for businesses. It allows businesses to add dues, send notifications, collect customer dues, and check payment history. It features solutions to send automated notifications and reminders to customers about payments and due dates and offers digital payment options. It also offers credit risk management solutions.
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Email ID
*****@recordent.com
Phone Number
+91 **********
Registered Address
Plot No 1, Sri Nilayam, 3rd Floor, Vittal Rao Nagar, Madhapur, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081
Key Metrics
Founded Year
2018
Location
Hyderabad, India
Stage
Seed
Total Funding
$400K in 2 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
24 as on Feb 28, 2025
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Recordent's funding and investors

Recordent has raised a total funding of $400K over 2 rounds. Its first funding round was on Sep 08, 2020. Its latest funding round was a Angel round on Nov 01, 2021 for $*****. 2 investors participated in its latest round. Recordent has 4 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Recordent:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 01, 2021
5451482
Angel
1994862
8417580
6986963
7321560
Sep 08, 2020
3532090
Angel
3451652
6152432
9830485
1371723
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Recordent's founders and board of directors

Founder? Claim Profile
The founders of Recordent are Harish Mamtani Inder, Winny Patro and Jay Sheth. Winny Patro is the CEO of Recordent.
Here are the details of Recordent's key team members:

Recordent's Board of Directors

Recordent's board has 4 active members. Harish Mamtani Inder and Winny Patro are part of team and Karuna Venigalla and Vamsi Sai Krishna Vepakomma are independent board members.
Here is the list of Recordent's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 0m
Team
-
Current
4y 1m
Independent board member
-
Current
4y 5m
eegtrfj
Independent board member
-
Current
2y 3m

Recordent's employee count trend

Recordent has 24 employees as of Feb 25. Here is Recordent's employee count trend over the years:
Employee count trend for Recordent
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Recordent's Competitors and alternates

Top competitors of Recordent include Upflow, Professional Invoicing and Bix42. Here is the list of Top 10 competitors of Recordent, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Upflow
Upflow
2017, Paris (France), Series A
Provider of accounts receivable management software for finance teams
$22.9M
51/100
2nd
Logo for Recordent
Recordent
2018, Hyderabad (India), Seed
Accounts receivables and credit management solutions for businesses
$400K
42/100
3rd
Logo for Professional Invoicing
Professional Invoicing
2015, Nashik (India), Unfunded
Provider of invoice management solution
-
-
40/100
4th
Logo for Bix42
Bix42
2017, Jaipur (India), Seed
App & cloud-based invoicing and collection solutions for businesses
-
35/100
5th
Logo for Zietwing
Zietwing
2015, Ega (Denmark), Unfunded
Payment gateway solutions
-
-
33/100
6th
Logo for Fawaterk
Fawaterk
2018, Cairo (Egypt), Funding Raised
Cloud-based end-to-end business management tools for e-tailers
-
32/100
7th
Logo for Fundflo
Fundflo
2021, Pune (India), Seed
Provider of AI-driven financial automation platform for manufacturers and dealers
$358K
32/100
8th
Logo for Fetch My Payment
Fetch My Payment
2017, Mumbai (India), Unfunded
Invoicing and payment solutions for businesses
-
-
31/100
9th
Logo for Saakh
Saakh
2021, Ahmedabad (India), Unfunded
Invoice payment acceptance solution for businesses
-
-
31/100
10th
Logo for Bhoomikhata
Bhoomikhata
2021, Noida (India), Deadpooled
Business solution to accept payments
-
-
31/100
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Recordent's Investments and acquisitions

Recordent has made no investments or acquisitions yet.

Reports related to Recordent

Here is the latest report on Recordent's sector:

News related to Recordent

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FAQs about Recordent

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