_QyUVx3har_SF04oOJm98e.png?format=webp&height=120&width=120){kind=logo}
Refrens - About the company
Refrens is a seed company based in Bengaluru (India), founded in 2019 by Naman Kailashprasad Sarawagi and Mohit Jain. It operates as a Provider of a cloud-based comprehensive platform that streamlines business processes.. Refrens has raised $1.2M in funding from investors like Collective Fund, UpSparks and ITI Growth Opportunities, with a current valuation of $*****. The company has 2918 active competitors, including 236 funded and 179 that have exited. Its top competitors include companies like Ramp, Intuit and Sage.
Company Details
Provider of a cloud-based comprehensive platform that streamlines business processes. It includes accounting, invoicing, sales, inventory, and expenses, enabling companies to manage the financial operations efficiently. The platform provides a suite of tools, including an invoice maker, billing, and accounting, to help businesses automate repetitive tasks and improve financial visibility.
- Website
- www.refrens.com/
- Social
- Email ID
- *****@refrens.com
- Phone Number
- +91 **********
- Registered Address
- 1D-606, Sesna, Divyasree Elan Homes, Beside Fire Station, Sarjapur Road,Kaiko, ndrahalli, Bangalore, Bangalore, Karnataka, India, 560035
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Seed
Total Funding
$1.2M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 04, 2022
Investors
Ranked
30th among 2918 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
24 as on Aug 31, 2025
Legal entities associated with Refrens
Refrens is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
REFRENS INTERNET PRIVATE LIMITED CIN: U72900KA2019PTC126530 , India, Active | Jul 25, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | 24 (As on Aug 31, 2025) |
Sign up to download Refrens' company profile
Refrens's funding and investors
Refrens has raised a total funding of $1.2M over 2 rounds. Its first funding round was on Dec 24, 2019. Its latest funding round was a Seed round on Mar 28, 2022 for $*****. 67 investors participated in its latest round. Refrens has 19 institutional investors and 82 angel investors.
Here is the list of recent funding rounds of Refrens:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 28, 2022 | 8709553 | Seed | 5163070 | 3492361 | 8628645 | 7642966 |
Dec 24, 2019 | 8551184 | Seed | 3215978 | 2441391 |
Access funding benchmarks and valuations. Sign up today!View details of Refrens's funding rounds and investors
Refrens' founders and board of directors
Founder? Claim ProfileThe founders of Refrens are Naman Kailashprasad Sarawagi and Mohit Jain. Naman Kailashprasad Sarawagi is the CEO of Refrens.
Here are the details of Refrens' key team members:
- Naman Kailashprasad Sarawagi: Co-Founder & CEO of Refrens. They are also an angel investor in 6 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Mohit Jain: Co-Founder & CTO of Refrens and founder of 1 other company. They are also an angel investor in 8 startups and serve on the board of 1 company.Contact Info: 1 email address
Refrens' Board of Directors
Refrens's board has 2 active members. Naman Kailashprasad Sarawagi and Mohit Jain are part of team.Here is the list of Refrens' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 1m | |
Team | - | Current | 7y 1m |
View details of Refrens's Founder profiles and Board Members
Refrens' employee count trend
Refrens has 24 employees as of Aug 25. The total employee count is the same as what it was in Aug 24. Here is Refrens's employee count trend over the years:
Uncover Refrens' growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Refrens's Competitors and alternates
Top competitors of Refrens include Ramp, Intuit and Sage. Here is the list of Top 10 competitors of Refrens, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
3rd |  Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 78/100 | |
4th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 77/100 | |
5th | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
6th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 76/100 | |
7th | Online accounting and invoicing solutions for SMBs | $40.9M | 76/100 | ||
8th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
9th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
10th | Developer of business management software including accounting and payroll solutions | - | 70/100 | ||
30th | Provider of a cloud-based comprehensive platform that streamlines business processes. | $1.2M | 61/100 |
_QyUVx3har_SF04oOJm98e.png?devicePixelRatio=2&height=30&width=30){kind=logo}
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Refrens's competitors? Click here to see the top ones
Refrens's Latest cap tables and shareholding
Founders (largest shareholder) own 67.46%, Funds own 9.76%, Enterprises own 0.46% and Angels own 13.12%. The net worth of Refrens's founders is INR 39.3Cr as of May 04, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 67.46% | 39.3Cr | 2036984 | 2264385 | 3296254 | 8835185 |
7349439 | 4023133 | 8402684 | 2256995 | 4721865 | 6202283 | |
4672255 | 8577759 | 9903800 | 7377928 | 2239441 | 9045367 | |
Fund | 9.76% | 5.68Cr | 8579220 | 4862873 | 5390089 | 2090343 |
2 | 8 | 2 | 7 | 5 | 4 | |
Enterprise | 0.46% | 26.3L | 0 | 0 | 0 | 0 |
Angel | 13.12% | 7.63Cr | 9204013 | 9804280 | 3708446 | 8808663 |
Other People | 0.28% | 16.5L | 0 | 0 | 0 | 0 |
ESOP Pool | 8.93% | 5.2Cr | 5389932 | 9748700 | 3705580 | 7201900 |
Total | 100.00% | 58.2Cr | 7858613 | 9966143 | 3666950 | 5022504 |
To unlock detailed Cap Table of Refrens Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Refrens's Shareholding
Refrens's Investments and acquisitions
Refrens has made no investments or acquisitions yet.
Reports related to Refrens
Here is the latest report on Refrens's sector:
News related to Refrens
Media has covered Refrens for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Refrens.com Launches Kherpa to Simplify Subscription Management for Indian SaaS CompaniesMedia Bulletins•Jan 12, 2026•Refrens
•
Refrens Launches Embedded Invoicing & Accounting Suite, Cutting Back-Office Overhead by 90%Media Bulletins•Nov 25, 2025•Refrens
•
Refrens Launches Embedded Invoicing & Accounting Suite, Cutting Back-Office Overhead by 90%The Tribune•Sep 15, 2025•Refrens
•
Refrens raises funding from Paytm founder, othersVCCircle•May 12, 2020•Refrens, First Cheque, Collective Fund
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Refrens
Explore our recently published companies
- 100 Steps 2 Startup - Toronto based, 2017 founded, Unfunded company
- Council for Continuing Pharmaceutical - Canada based, 1969 founded, Unfunded company
- CTS Customized - Poland based, 1989 founded, Unfunded company
- CEMEQ - Sherbrooke based, 1993 founded, Unfunded company
- 2USE - United Arab Emirates based, 2022 founded, Unfunded company
- Slide Works (IW) - Stoney Stanton based, 2023 founded, Unfunded company
