Company Overview
HostBooks Limited is an innovative fintech start-up headquartered in Gurugram, India, with its inception rooted in 2009. The company has established itself as a leader in providing comprehensive cloud-based solutions designed to transform business operations. HostBooks extends its services globally, emphasizing the Indian (Bharat) market since 2015.
Founding and Key Executives
- Founder and Key Principal: Kapil Rana
- Chief Development Officer (CDO): Biswajit Mishra
- Vice President-Sales: Sudipto Dey
Executive Team Highlights
The leadership team at HostBooks represents a diverse and experienced group of professionals. This team is critical in driving innovation, enhancing customer experience, and leading strategic initiatives.
Products and Services
Core Offerings
HostBooks delivers a robust suite of software solutions to streamline and automate various financial and operational processes for businesses of all sizes, including:
- Cloud 360: Tailored for mid and large enterprises
- SME 360: Designed for small and medium enterprises
- Hb-Neo: Focused on micro businesses
Comprehensive Features include:
- Manufacturing and Inventory Solutions
- Neo-Banking Innovations
- Distribution Optimization
- Project and Property Management Solutions
- Point-of-Sale (POS)
- Field Force Automation
- Customer/Vendor Management
- Accounting Solutions
- GST Compliance
- TDS Streamlining
- E-way Bill & E-invoice Facilitation
Unique Value Proposition
1. Automation and Efficiency: Utilizes advanced technology to automate routine tasks, enhancing overall efficiency.
2. Compliance Assurance: Ensures businesses comply with ever-evolving tax and regulatory requirements.
3. User-Friendly Interface: An intuitive interface that accommodates varying levels of financial expertise.
Technological Advantages
HostBooks stands out through its adoption of the latest cloud computing technologies, such as:
- Multi-tenant single-instance database
- Multi-zone hosting
- Open API architecture
Partnering with leading cloud service providers like AWS, Google Cloud, and Microsoft Azure, HostBooks guarantees high security, enhanced automation, and real-time business insights.
Milestones and Achievements
- 2016-2019: HostBooks launched numerous applications, including TDS, GST, US & Indian Accounting, and E-way Bill, reaching significant user bases, with >50K users and >100 channel partners by 2019.
- 2019: Awarded 'ET Most Promising Entrepreneur of India' and GSTN approved GSP status.
Recent Developments
Fundraising and Investor Relations
In June 2022, HostBooks raised $3 million in Series A funding from Razorpay. This funding aims to upscale operations and enhance the product suite, which includes launching the HB Neo App, Neo Banking solutions, and advanced business process systems.
- Investor: Razorpay
- Key Investor Quotes:
- Harshil Mathur, CEO and co-founder of Razorpay: "HostBooks plays a critical role in creating a thriving growth environment for small businesses. We aim to build a stronger, frictionless business operations SaaS and banking ecosystem for MSMEs in India."
- Biswajit Mishra, Co-founder of HostBooks: "With Razorpay's support, HostBooks aims to simplify business processes and equip entrepreneurs with tools for fast-tracking business growth."
Strategic Goals
HostBooks continues to focus on:
- Simplifying and automating business processes, specifically targeting the sources of transactions, banking, accounting, and tax compliance.
- Offering an integrated, end-to-end business management solution to enhance operational efficiency across various business sectors, especially for MSMEs in India.
Contact Information
Address: Plot No-356, Udyog Vihar, Phase-2, Gurugram, Haryana-122016
Email: info@hostbooks.com
Phone: +91 9152282828
Website: [HostBooks](https://www.hostbooks.com/)
HostBooks remains committed to revolutionizing business management through its cutting-edge technological solutions and innovative approaches to finance and compliance.
