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 44000000.

Location
Bengaluru, India
Founded
2019
Funding
44000000
Employees
334 employees
Major Investors
Think Investments, Peak XV Partners

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FloBiz

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Executive Summary

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.

flobiz.in20K+
cb
Crunchbase
Founded 2019Bengaluru, India

Funding

$

Estimated Funding

$20M+

Major Investors

Think Investments, Peak XV Partners

Team (250+)

No team information available.

Company Description

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.

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

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.

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