Vyapar - About the company
Vyapar is a series B company based in Bengaluru (India), founded in 2017 by Sumit Agarwal, Shubham Agrawal and Ruqiya Irum. It operates as a Developer of software for business accounting and inventory management tasks. Vyapar has raised $35.9M in funding from investors like IndiaMART, WestBridge Capital and India Quotient, with a current valuation of ₹*****. The company has 14 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like xtraCHEF, Ginesys and Evention.
Company Details
Developer of software for business accounting and inventory management tasks. This platform enables users to generate invoices, track stock levels, and monitor financial transactions. It supports the creation of tax-compliant documents and provides tools for managing payment records. The software functions across multiple devices and allows for offline data entry with synchronization capabilities. Users can utilize features for barcode scanning, expense tracking, and report generation to maintain business records.
- Website
- vyaparapp.in
- Email ID
- *****@vyaparapp.in
- Phone Number
- +91 **********
- Registered Address
- FLAT NO 223 WINGS 2 DSR EDEN GREEN APARTMENTS, Bangalore, BANGLORE, Karnataka, India, 560035
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Series B
Total Funding
$35.9M in 4 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Feb 17, 2022
Ranked
1st among 14 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
1,382 as on Aug 31, 2025
Legal entities associated with Vyapar
Vyapar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SIMPLY VYAPAR APPS PRIVATE LIMITED CIN: U74110KA2018PTC110858 , India, Active | Mar 08, 2018 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 1543 (As on May 01, 2026) |
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Vyapar's funding and investors
Vyapar has raised a total funding of $35.9M over 4 rounds. Its first funding round was on Oct 24, 2017. Its latest funding round was a Series B round on Jan 25, 2022 for $*****. 9 investors participated in its latest round. Vyapar has 15 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Vyapar:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 25, 2022 | 4844407 | Series B | 4428338 | 5283619 | 9783400 | 9781667 |
Sep 03, 2019 | 5510733 | Series A | 7360196 | 2467086 | 3544456 | |
Jun 14, 2018 | 7123617 | Seed | 3523590 | 9321170 |
View details of Vyapar's funding rounds and investors
Vyapar's founders and board of directors
Founder? Claim ProfileThe founders of Vyapar are Sumit Agarwal, Shubham Agrawal and Ruqiya Irum. Sumit Agarwal is the CEO of Vyapar.
Here are the details of Vyapar's key team members:
- Sumit Agarwal: Co-Founder & CEO of Vyapar and founder of 1 other company. They are also an angel investor in 7 startups and serve on the boards of 4 companies.Contact Info: 1 phone number
- Shubham Agrawal: Co-Founder & CTO of Vyapar. They serve on the board of 1 company.Contact Info: 1 email address
- Ruqiya Irum: Co-Founder, CMO of Vyapar.
Vyapar's Board of Directors
Vyapar's board has 3 active members. Sumit Agarwal, Shubham Agrawal and Rishit Desai are part of team.Here is the list of Vyapar's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 2m | |
Team | - | Current | 8y 2m | |
Investor | - | Current | 3y 4m |
View details of Vyapar's Founder profiles and Board Members
Vyapar's employee count trend
Vyapar has 1,382 employees as of Aug 25. The total employee count is 11.0% more than what it was in Aug 24. Here is Vyapar's employee count trend over the years:
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Vyapar's Competitors and alternates
Top competitors of Vyapar include xtraCHEF, Ginesys and Evention. Here is the list of Top 10 competitors of Vyapar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of software for business accounting and inventory management tasks | $35.9M | 80/100 | ||
2nd | xtraCHEF 2015, New York City (United States), Acquired | Restaurant management software automating financial and operational tasks for increased profitability | $10.5M | 53/100 | |
3rd | Platform offering cloud-based ERP for retail industry | $10M | 48/100 | ||
4th | Evention 2004, Chicago (United States), Seed | Accounting and management software for businesses | - | 34/100 | |
5th | KitchenSync 2012, West Hollywood (United States), Unfunded | Cloud-based accounting solutions to the restaurants businesses | - | - | 34/100 |
6th | Accounting software for retail industry | - | - | 33/100 | |
7th | Effectmanager 2013, Harlev (Denmark), Seed | Provider of data-driven insights for trade promotion optimization | $369K | - | 31/100 |
8th | Cloud-based accounting and invoicing solutions for retail businesses | - | 30/100 | ||
9th | Splendid Account 2018, Karachi (Pakistan), Unfunded | Provider of accounting software for offline businesses | - | - | 30/100 |
10th | Entriwise 2015, Cranford (United States), Unfunded | E-commerce integration for accounting and inventory in NetSuite and QuickBooks | - | - | 25/100 |
Looking for more details on Vyapar's competitors? Click here to see the top ones
Vyapar's Investments and acquisitions
Vyapar has made 1 investment in Suvit and acquired Suvit and NeoDove.Here is the list of these investments and acquisitions:
Reports related to Vyapar
Here is the latest report on Vyapar's sector:
News related to Vyapar
Media has covered Vyapar for a total of 6 events in the last 1 year, 2 of them have been about company updates.
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Vyapar Acquires Accounting Automation Startup Suvit To Strengthen Digital Compliance SolutionsStartupNews•Nov 27, 2025•Suvit, Vyapar
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Vyapar Acquires Suvit to Transform India’s MSME and Tax Professional EcosystemCXOtoday•Nov 27, 2025•Suvit, Vyapar
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Fintech Unicorn Yubi Raises INR 411 Cr To Expand OverseasInc42•Nov 18, 2025•Yubi, Yubico, DBS, Lvec and 3 others
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Business Accounting Platform Vyapar Acquires NeoDove, a Sales and Marketing Automation Platform for SMEsBusiness Wire India•Jul 04, 2025•NeoDove, Vyapar
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Vyapar Automation Revolutionizes Business Operations with WhatsApp Business API IntegrationAsian News International•Jan 29, 2025•Vyapar
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Vyapar App and Suvit partnership: A new era for MSMEs and tax professionalsBanyan NetFaqs•Aug 27, 2024•Vyapar, Suvit
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Vyapar App Launches Game-changing Invoicing Software, Simplifying Financial Management For Businesses WorldwideGlobal Fintech Series•May 06, 2024•Vyapar
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Cross-border fintech startup LeRemitt has raised USD 1.25 Million in a seed funding round led by Axilor VenturesEnablers•Jul 26, 2023•LeRemitt, Axilor Ventures, Capital A, Wiz Freight and 1 other
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