# Gim Infotech Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gim-infotech-pvt

- Industry: Software
- Headquarters: Raipur, India
- Website: www.gimbooks.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Dec 14, 2021)
- Investors on record: 2

## About

Gim Infotech Pvt. Ltd offers a sophisticated digital bookkeeping and accounting platform tailored to meet the needs of small to medium-sized enterprises, enhancing their financial management processes with user-friendly tools.Founded in 2017 and headquartered in Raipur, India, Gim Infotech Pvt. Ltd specializes in digital bookkeeping solutions. The company secured USD 320,000 in Seed funding in December 2021 from First Check Ventures and Y Combinator, raising its total investment to USD 320,000. The CEO and founder, Yash Agrawal, has previously founded other ventures, which have significantly shaped his expertise in the technology sector.GimBooks specializes in providing an innovative digital bookkeeping and accounting platform designed for small to medium-sized enterprises (SMEs). The core offerings include a comprehensive suite of tools that facilitate financial tracking, invoicing, expense management, and real-time reporting. Released to cater to the growing need for efficient financial management solutions, these products aim to simplify bookkeeping processes, reduce administrative burdens, and enhance financial visibility for businesses. The company serves a diverse clientele, including freelance professionals, small business owners, and startups across various sectors. Geographically, GimBooks has established its market presence in North America and parts of Europe, where the demand for user-friendly financial software is on the rise.In the year 2023, GimBooks generated revenue amounting to USD 2,335.90 mn with an EBITDA of USD 7,208 mn. The company operates on a subscription-based model, allowing customers to access its suite of services monthly or annually, with pricing varying based on the features included in the chosen subscription tier. This structure is designed to accommodate small businesses and independent professionals, streamlining their financial management.Gim Infotech Pvt. Ltd is focusing on developing new products aimed at further enhancing its bookkeeping platform, with plans for launches in the upcoming quarters. The firm is targeting expansion into new markets, specifically aiming for an increased footprint in Asia and Europe by the end of 2024. The recent Seed funding round raised in December 2021 will be utilized to support these initiatives, including product development and market expansion efforts.

## Funding rounds

- Seed, Dec 14, 2021, $0.3M — Y Combinator, First Check Ventures
- Seed, Sep 10, 2021 — Y Combinator, First Check Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- First Check Ventures (https://capitalatlas.ai/funds/first-check-ventures) — Seed