Winjit - About the company
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 491 active competitors, including 59 funded and 49 that have exited. Its top competitors include companies like Particle, Software AG 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
Post Money Valuation
$***** as on Aug 13, 2020
Investors
Ranked
7th among 491 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
2,060 as on Jul 31, 2025
Investment & Acquisitions
Legal entities associated with Winjit
Winjit is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
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) | |
WINGIVE FOUNDATION CIN: U85100MH2019NPL319884 , India, Active | Jan 18, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | 1030 (As on Jul 31, 2025) |
Sign up to download Winjit's company profile
Winjit's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 13, 2020 | 4909368 | Seed | 7176798 | 5653233 | 2704701 | 3191303 |
Aug 06, 2019 | 2146699 | Seed | 4276652 | 7719003 | 7087976 | 1265309 |
May 03, 2015 | 3998646 | Angel | 6777480 | 9651675 |
Access funding benchmarks and valuations. Sign up today!View details of Winjit's funding rounds and investors
Winjit's founders and board of directors
Founder? Claim ProfileThe 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: 1 email address 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 is independent board member.Here is the list of Winjit's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 22y 1m | |
Team | - | Current | 22y 1m | |
Investor | - | Current | 2y 11m | |
Investor | - | Current | 3y 3m | |
ngkpoco | Investor | agnnnzh | Current | 4y 9m |
Independent board member | - | Current | 7y 8m |
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:
Uncover Winjit's 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
Winjit's Competitors and alternates
Top competitors of Winjit include Particle, Software AG and PTC. Here is the list of Top 10 competitors of Winjit, 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 |  Particle 2011, San Francisco (United States), Acquired | Developer of a prototype to production connectivity platform for IoT | $135M | 78/100 | |
2nd |  Software AG 1969, Darmstadt (Germany), Acquired | Provider of digital transformation solutions, services, and enterprise application products | - | 77/100 | |
3rd |  PTC 1985, Boston (United States), Public | Provider of software for product lifecycle management, CAD, IoT, and service | - | 77/100 | |
4th |  Silicon Labs 1996, Austin (United States), Acquired | Developer of wireless and non-wireless technologies, software, tools, and services | - | 76/100 | |
5th | Ayla Networks 2010, Milpitas (United States), Series D | Provider of an IoT platform for smart home and device solutions | $144M | 73/100 | |
6th |  MaintainX 2018, San Francisco (United States), Acquired | Provider of a platform for maintenance and operations management solutions | $254M | 71/100 | |
7th | Provider of artificial intelligence, machine learning, and digital transformation solutions | $2.92M | 67/100 | ||
8th | Greenwave Systems 2008, Irvine (United States), Acquired | Developer of software-defined network platform enabling virtual network operator capabilities | $75.1M | 64/100 | |
9th | Vantiq 2014, Walnut Creek (United States), Series B | Provider of cloud based end to end IoT platforms | $56.4M | 61/100 | |
10th | Decisyon 2005, San Francisco (United States), Series B | Provider of platform for corporate performance management | $55.9M | 60/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Winjit's competitors? Click here to see the top ones
Winjit's Latest cap tables and shareholding
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 | 3577390 | 2996019 | 1878932 | 8826025 |
2640996 | 4702991 | 8839343 | 4510895 | 2517255 | 1106398 | |
6310216 | 4594070 | 4404975 | 8248254 | 5032326 | 9890385 | |
Enterprise | 21.29% | 27.1Cr | 2885387 | 5222084 | 9003711 | 4500765 |
Angel | 2.40% | 3.06Cr | 56 | 52 | 35 | 49 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 0.89% | 1.14Cr | 0 | 0 | 0 | 0 |
Total | 100.00% | 127Cr | 9356738 | 7696124 | 3029590 | 7353905 |
To unlock detailed Cap Table of Winjit 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 Winjit's Shareholding
Winjit's Investments and acquisitions
Winjit has a total of 1 investment in Zimyo. Winjit has not made any acquisitions as of now.Reports related to Winjit
Here is the latest report on Winjit's sector:
News related to Winjit
•
•
•
•
German firm invests in Indian IoT and machine learning venture WinjitVCCircle•Aug 06, 2019•RIB Software, Winjit
•
•
•
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Winjit
Explore our recently published companies
- Autocal - Thane based, 2002 founded, Funding Raised company
- Indo Amines - Thane based, 1994 founded, Public company
- Taro International - Haifa based, 1992 founded, Unfunded company
- SmartCart AI - San Francisco based, Unfunded company
- 365 Retail Markets - London based, 2008 founded, Unfunded company
- Bishop Paiute Development Corporation - Bishop based, 2009 founded, Funding Raised company
