# Reach Process Outsourcing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reach-process-outsourcing

- Industry: Software
- Headquarters: Chennai, India
- Website: www.reachaccountant.com
- Total disclosed funding: $0.2M
- Latest round: Series A (Sep 12, 2014)
- Investors on record: 1

## About

Reach Process Outsourcing Ltd. is a technology-driven company that provides comprehensive software solutions to optimize business operations for various industries, facilitating improved efficiency and control.Reach Process Outsourcing Ltd. develops integrated software solutions, primarily focusing on business optimization across multiple sectors. Founded by Robin Moses, the firm is headquartered in Chennai, India. In September 2014, Reach raised INR 12 million in a Series A funding round from Peak XV Partners and other individual investors, marking a pivotal moment in its growth trajectory. The company has successfully completed three funding deals to date and currently holds a valuation of INR 302.226 million.Reach specializes in offering an integrated software solution that supports 21 different business types, including retail, manufacturing, and services. Its flagship product, Reach Accountant, automates various business functions such as inventory management, invoicing, and customer management, providing a comprehensive ERP system. This platform is utilized by a diverse clientele, including finance managers and directors across industries in India, Malaysia, and Dubai, allowing businesses to manage operations efficiently with robust multi-currency support.In the most recent financial year 2023, Reach Process Outsourcing Ltd. generated a revenue of INR 258,451.5, with an EBITDA of INR 5,280.5. The company's revenue model is primarily subscription-based, aligning ERP functionalities with competitive pricing tailored for small and medium enterprises. This approach ensures long-term customer retention and fosters sustainable business relationships.Moving forward, Reach Process Outsourcing Ltd. plans to launch new product features aimed at enhancing its existing software offerings. Additionally, the company is targeting expansion into new geographic markets, specifically focusing on Southeast Asia and the Middle East by the end of 2025. The recent funding of INR 12 million raised in September 2014 will be strategically utilized to support these developments and market entry initiatives.

## Funding rounds

- Series A, Sep 12, 2014, $0.2M — Peak XV Partners

## Investors

- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series A