HostBooks Limited: Company Market Research Report
Company Overview
Name
- HostBooks Limited
Mission of the Company
- HostBooks aims to revolutionize business management by providing automated solutions that streamline accounting, reporting, and compliance processes.
Year Founded and Founders
- Founded in 2009 in the United States
- Expanded to the Indian market in 2015
Key People
- Kapil Rana: Founder
- Biswajit Mishra: Co-Founder
Headquarters
- Plot No-356, Udyog Vihar, Phase-2, Gurugram, Haryana-122016, India
Number of Employees
- No information is available
Revenue
- No information is available
Notable Achievements
- HostBooks has served over 500,000 clients across five continents.
- Recognized as one of India's Top Admired Companies by The Economic Times in 2024.
- Partnered with AWS, Google Cloud, and Microsoft Azure for enhanced automation, efficiency, and security.
Products
FnB 360
- Description: Efficiently manage all restaurant and outlet operations, optimizing cost and reducing friction.
- Key Features:
- Consolidated management of multiple outlets
- Cost optimization tools
MFG 360
- Description: Next-Generation Automation Solution tailored for challenges in manufacturing and production.
- Key Features:
- Streamlined shop floor management
- Labor and procurement cost saving
Retail 360
- Description: Comprehensive solution for maximizing operational efficiency in retail.
- Key Features:
- Enhanced shopping experience
- Cost reduction tools
HTL 360
- Description: Transform hotel management by enhancing financial management, operations, inventory, and more.
- Key Features:
- Operational efficiency enhancement
- Inventory and supply chain optimization
SME 360
- Description: Holistic cloud-based compliance and financial management solutions for SMEs.
- Key Features:
- Integrated billing and accounting
- GST and TDS return filing
- Multi-branch connectivity
Other Products
- SME Books: Comprehensive accounting software
- Hb-Neo: Smartphone-based billing and accounting app
- Aahar POS: Trusted restaurant Point of Sales software
Recent Developments
New Products Launched
- DST 360: An all-in-one solution for wholesale and distribution sectors, streamlining operations and inventory management.
- HTL 360: Comprehensive hotel management solution aimed at enhancing operational efficiency.
New Features Added to Existing Products
- Updates:
- Enhancements in inventory management
- Improved GST report features
- New sales order profitability reports
- Integration of advanced contact update fields in imports
Recent Partnerships
- Razorpay: HostBooks raised $3 million in Series A funding from Razorpay to upscale operations and enhance its product suite.
- Razorpay and HostBooks share a vision to simplify business processes, automate transactions, and integrate end-to-end business management solutions.
For more details, refer to the following sources:
- [Business Standard](https://www.business-standard.com/article/companies/fintech-startup-hostbook-raises-3-mn-in-series-a-funding-led-by-razorpay-122061000530_1.html)
- [PYMNTS](https://www.pymnts.com/news/investment-tracker/2022/razorpay-helps-fintech-hostbooks-raise-3m/)
- [BusinessWorld](https://bwdisrupt.businessworld.in/article/HostBooks-Raises-3-M-In-Series-A-Funding-From-Razorpay/10-06-2022-432243/)
- [Fintech Global](https://fintech.global/2022/06/13/indias-hostbooks-closes-3m-series-a/)
- [The Trusted Insight](https://www.thetrustedinsight.com/investment-news/fintech-startup-hostbook-raises-3-mn-in-series-a-funding-led-by-razorpay-business-standard-news-20220610330/)
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