Vyapar - About the company
Vyapar is a series B company based in Bengaluru (India), founded in 2017 by Sumit Agarwal, Shubham Agrawal and Shubham Agrawal. 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 2993 active competitors, including 241 funded and 180 that have exited. Its top competitors include companies like Ramp, Intuit and Pennylane.
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.media
- 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
2nd among 2993 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
1,543 as on May 31, 2026
Legal entities associated with Vyapar
Vyapar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
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 16 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 | 4921588 | Series B | 1108958 | 4461617 | 1315353 | 9060224 |
Sep 03, 2019 | 5131732 | Series A | 3840916 | 1868808 | 8069757 | |
Jun 14, 2018 | 4205064 | Seed | 2161403 | 7698473 |
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 Shubham Agrawal. Eng Ali is the CEO of Vyapar.
Here are the details of Vyapar's key team members:
- Sumit Agarwal: Founder 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
- Shubham Agrawal: Founder & CTO of Vyapar. Contact Info: 1 email address
- Eng Ali: CEO 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 7m | |
Team | - | Current | 8y 7m | |
Investor | - | Current | 3y 9m |
View details of Vyapar's Founder profiles and Board Members
Vyapar's employee count trend
Vyapar has 1,543 employees as of May 26. The total employee count is 33.0% more than what it was in May 25. Here is Vyapar's employee count trend over the years:
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Vyapar's Competitors and alternates
Top competitors of Vyapar include Ramp, Intuit and Pennylane. 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 | Ramp 2019, New York City (United States), Series G | Provider of a platform for spend management, corporate cards, and payables | $5.07B | 85/100 | |
2nd | Developer of software for business accounting and inventory management tasks | $35.9M | 82/100 | ||
3rd | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 79/100 | |
4th | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
5th | Online accounting and invoicing solutions for SMBs | $40.9M | 76/100 | ||
6th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
7th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 74/100 | |
8th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
9th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 74/100 | |
10th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 72/100 |
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 5 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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