When was Winjit founded?

Winjit was founded in 2004 and raised its 1st funding round 9 years after it was founded.

Where is Winjit located?

Winjit is headquartered in Nashik, India. It is registered at Plot No. C-1/1, NICE MIDC, Satpur, Nashik, Nashik, Maharashtra, India, 422007.

Who is the current CEO of Winjit?

Abhijit Ashok Junagade of Winjit. They have also founded 1 company and are angel investors in 4 startups, including PredictSense and IoTSense.

Which legal entities is Winjit associated with?

Winjit is associated with WINJIT TECHNOLOGIES PRIVATE LIMITED and 1 other.

How many employees does Winjit have?

As of Jul 31, 2025, the latest employee count at Winjit is 2060.

Is Winjit a funded company?

Winjit is a funded company, having raised a total of $2.92M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 02, 2013.

How much is Winjit worth?

The latest valuation of Winjit is $***** as of Aug 13, 2020.

When was the latest funding round of Winjit?

Winjit's latest funding was a $***** Seed round on Apr 13, 2020, with participation from 3 investors.

What is the annual revenue of Winjit?

Annual revenue of Winjit is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Winjit rank among its competitors?

Winjit ranks 5th amongst 503 active competitors, of which 59 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was MaintainX, which secured $150M in Mar, 2025.

Who are the top competitors of Winjit?

Winjit's top competitors include Particle, Silicon Labs and PTC. Among them, MaintainX secured the most recent funding round in March, 2025.

Winjit - 2026 Company Profile, Team, Funding, Competitors & Financials

Winjit is a seed company based in Nashik (India), founded in 2004 by Ashwin Murari Kandoi and Abhijit Ashok Junagade. It operates as a Provider of artificial intelligence, machine learning, and digital transformation solutions. Winjit has raised $2.92M in funding from investors like RIB Software, H.R.K.Enterprises and MTWO, with a current valuation of $*****. The company has 503 active competitors, including 59 funded and 50 that have exited. Its top competitors include companies like Particle, Silicon Labs and PTC.

Company Details

Provider of artificial intelligence, machine learning, and digital transformation solutions. The company delivers services including cybersecurity, design, and global capability centers. It serves industries such as banking, financial technology, insurance, and emerging technology startups. The company also provides platforms for internet of things and predictive analysis.

Website: winjit.com
Social
Email ID: *****@winjit.com
Phone Number: +91 **********
Registered Address: Plot No. C-1/1, NICE MIDC, Satpur, Nashik, Nashik, Maharashtra, India, 422007

Key Metrics

Founded Year

2004

Location

Nashik, India

Stage

Seed

Total Funding

$2.92M in 4 rounds

Latest Funding Round

Seed, Apr 13, 2020, $*****

Post Money Valuation

$***** as on Aug 13, 2020

Investors

RIB Software & 26 more

Ranked

5^th among 503 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

2,060 as on Jul 31, 2025

Investment & Acquisitions

Zimyo

Similar Companies

Particle & 622 more

View Winjit's full profile

Winjit is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WINGIVE FOUNDATION CIN: U85100MH2019NPL319884 , India, Active	Jan 18, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	1030 (As on Jul 31, 2025)
WINJIT TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2004PTC146532 , India, Active	May 25, 2004	₹100 - ₹500 Cr (As on Mar 31, 2025)	1024 (As on Aug 01, 2025)

Winjit has raised a total funding of $2.92M over 4 rounds. Its first funding round was on Sep 02, 2013. Its latest funding round was a Seed round on Apr 13, 2020 for $*****. 3 investors participated in its latest round. Winjit has 4 institutional investors and 23 angel investors.

Here is the list of recent funding rounds of Winjit:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 13, 2020	4169363	Seed	2836478	1280276	2501555	5987538
Aug 06, 2019	1014150	Seed	4983106	5204924	8400841	6215703
May 03, 2015	7873827	Angel	6488982	4888672	Vivek Chandak	Manav Vishal Chandak & 2 more

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View details of Winjit's funding rounds and investors

The founders of Winjit are Ashwin Murari Kandoi and Abhijit Ashok Junagade. Abhijit Ashok Junagade is the CEO of Winjit.

Here are the details of Winjit's key team members:

Ashwin Murari Kandoi: Co-Founder of Winjit and founder of 2 other companies, PredictSense and IoTSense. They are also an angel investor in 4 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Abhijit Ashok Junagade: Co-Founder & CEO of Winjit and founder of 2 other companies, PredictSense and IoTSense. They are also an angel investor in 4 startups and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number

Winjit's Board of Directors

Winjit's board has 6 active members. Ashwin Murari Kandoi, Abhijit Ashok Junagade, Rolf Walter Helmes, Tobias Franziskus Antonius Hamacher and Rene Alexander Wolf are part of team and Matthew Emerman Aaron is independent board member.

Here is the list of Winjit's board of directors:

Name	Type	Representing	Status	Duration
Ashwin Murari Kandoi	Team	-	Current	22y 3m
Abhijit Ashok Junagade	Team	-	Current	22y 3m
Rolf Walter Helmes	Investor	-	Current	3y 0m
Tobias Franziskus Antonius Hamacher	Investor	-	Current	3y 2m
ybhcool	Investor	yibrxbd	Current	2y 3m
Matthew Emerman Aaron	Independent board member	-	Current	7y 10m

View details of Winjit's Founder profiles and Board Members

Winjit's employee count trend

Winjit has 2,060 employees as of Jul 25. The total employee count is 6.0% more than what it was in Jul 24. Here is Winjit's employee count trend over the years:

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Top competitors of Winjit include Particle, Silicon Labs and PTC. Here is the list of Top 10 competitors of Winjit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Particle 2011, San Francisco (United States), Acquired	Developer of a prototype to production connectivity platform for IoT	$135M	Root Ventures, Qualcomm Ventures & 20 others	78/100
2nd	Silicon Labs 1996, Austin (United States), Acquired	Developer of wireless and non-wireless technologies, software, tools, and services	-	Norwest, Silverton Partners & 6 others	75/100
3rd	PTC 1985, Boston (United States), Public	Provider of software for product lifecycle management, CAD, IoT, and service	-	Bessemer Venture Partners, Norwest & 3 others	73/100
4th	MaintainX 2018, San Francisco (United States), Acquired	Provider of a platform for maintenance and operations management solutions	$254M	Bessemer Venture Partners, Bain Capital Ventures ... & 30 others	71/100
5th	Winjit 2004, Nashik (India), Seed	Provider of artificial intelligence, machine learning, and digital transformation solutions	$2.92M	RIB Software, MTWO & 25 others	67/100
6th	Ayla Networks 2010, Milpitas (United States), Series D	Provider of an IoT platform for smart home and device solutions	$144M	Crosslink Capital, IFC & 20 others	66/100
7th	Greenwave Systems 2008, Irvine (United States), Acquired	Developer of software-defined network platform enabling virtual network operator capabilities	$75.1M	The Westly Group, EDBI & 8 others	64/100
8th	Software AG 1969, Darmstadt (Germany), Acquired	Provider of digital transformation solutions, services, and enterprise application products	-	Silver Lake, EIP & 3 others	62/100
9th	Vantiq 2014, Walnut Creek (United States), Series B	Provider of cloud based end to end IoT platforms	$56.4M	SoftBank, Raptor Group	61/100
10th	Decisyon 2005, San Francisco (United States), Series B	Provider of platform for corporate performance management	$55.9M	Catalyst Investors, Horizon & 2 others	61/100

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Founders (largest shareholder) own 75.42%, Enterprises own 21.29%, Angels own 2.40% and Other People own 0.89%. The net worth of Winjit's founders is INR 96.1Cr as of Apr 13, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	75.42%	96.1Cr	4459109	1445947	1707881	2390609
Ashwin Murari Kandoi	5140565	5509345	2358350	3542636	2391090	6477944
Abhijit Ashok Junagade	2912760	4064632	6734555	6845052	5680262	7175161
Enterprise	21.29%	27.1Cr	9873244	6683382	8632516	4222441
Angel	2.40%	3.06Cr	60	41	44	47
Vijay Rishideo Shastri	0	0	0	0	0	0
Vivek Chandak	0	0	0	0	0	0
Manav Vishal Chandak	0	0	0	0	0	0
Nitish Vijay Shastri	0	0	0	0	0	0
Other People	0.89%	1.14Cr	0	0	0	0
Total	100.00%	127Cr	9115646	8459377	8302441	7803749