FloBiz

About FloBiz

Provides a mobile and desktop-based GST billing and accounting platform tailored for Indian small and medium businesses (SMBs). Enables users to create invoices, manage inventory, track payments, and generate business reports, streamlining financial operations and reducing reliance on manual processes.

<problem> Many small and medium businesses (SMBs) in India still rely on manual methods for billing, accounting, and inventory management, leading to inefficiencies and errors. These traditional processes hinder growth and make it difficult to comply with GST regulations. </problem> <solution> FloBiz offers myBillBook, a mobile-first GST billing and accounting solution designed for Indian SMBs to streamline their financial operations. The platform enables users to create professional invoices, manage inventory, track payments, and generate business reports. MyBillBook automates workflows, reduces reliance on manual processes, and facilitates GST compliance, empowering SMBs to digitize their businesses and accelerate growth. </solution> <features> - GST and non-GST invoice creation with customizable themes and branding options - Inventory management with stock tracking, godown management, batching, and serialization - Comprehensive business management tools for sales, purchases, expenses, and quotations - Automated sharing of invoices via SMS and WhatsApp - Point of Sale (POS) billing functionality - E-invoicing and e-way bill generation with GSTR1 reconciliation - Data export to Tally for simplified accounting - Customer relationship management (CRM) features, including service reminders and loyalty programs - Multi-user, multi-device access with role-based settings - Support for multiple languages, including English, Hindi, Gujarati, and Tamil </features> <target_audience> The primary target audience includes traders, merchants, wholesalers, distributors, manufacturers, and retailers across India who seek to digitize their billing and accounting processes. </target_audience>

What does FloBiz do?

Provides a mobile and desktop-based GST billing and accounting platform tailored for Indian small and medium businesses (SMBs). Enables users to create invoices, manage inventory, track payments, and generate business reports, streamlining financial operations and reducing reliance on manual processes.

Where is FloBiz located?

FloBiz is based in Bengaluru, India.

When was FloBiz founded?

FloBiz was founded in 2019.

How much funding has FloBiz raised?

FloBiz has raised $44.0M.

Who founded FloBiz?

FloBiz was founded by Aditya Naik.

  • Aditya Naik - Founder
Location
Bengaluru, India
Founded
2019
Funding
$44.0M
Employees
334 employees
Investors
Peak XV PartnersIseed
F

FloBiz

Provides a mobile and desktop-based GST billing and accounting platform tailored for Indian small and medium businesses (SMBs). Enables users to create invoices, manage inventory, track payments, and generate business reports, streamlining financial operations and reducing reliance on manual processes.

Bengaluru, IndiaFounded 201933420K+ followers10/10 TractionRelative Traction Score based on online presence metrics compared to companies in the same age group.
Updated 19 months ago

Funding

$44.0M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

TI
Funding rounds are not available yet.

Founders

Product

Problem

Many small and medium businesses (SMBs) in India still rely on manual methods for billing, accounting, and inventory management, leading to inefficiencies and errors. These traditional processes hinder growth and make it difficult to comply with GST regulations.

Solution

FloBiz offers myBillBook, a mobile-first GST billing and accounting solution designed for Indian SMBs to streamline their financial operations. The platform enables users to create professional invoices, manage inventory, track payments, and generate business reports. MyBillBook automates workflows, reduces reliance on manual processes, and facilitates GST compliance, empowering SMBs to digitize their businesses and accelerate growth.

Target Audience

The primary target audience includes traders, merchants, wholesalers, distributors, manufacturers, and retailers across India who seek to digitize their billing and accounting processes.

Features

  • GST and non-GST invoice creation with customizable themes and branding options
  • Inventory management with stock tracking, godown management, batching, and serialization
  • Comprehensive business management tools for sales, purchases, expenses, and quotations
  • Automated sharing of invoices via SMS and WhatsApp
  • Point of Sale (POS) billing functionality
  • E-invoicing and e-way bill generation with GSTR1 reconciliation
  • Data export to Tally for simplified accounting
  • Customer relationship management (CRM) features, including service reminders and loyalty programs
  • Multi-user, multi-device access with role-based settings
  • Support for multiple languages, including English, Hindi, Gujarati, and Tamil
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