Startup Atlas · Accounting Software

Vyapar

Simply Vyapar Apps Private Limited Bengaluru, Karnataka Founded 2016 vyaparapp.in ↗
Sumit Agarwal · Co-Founder & CEO Shubham Agrawal · Co-Founder & CTO Ruqiya Irum · Co-Founder
$34.97 MnTotal funding (tracked)
2Funding rounds
25 Jan 2022Last round

Vyapar: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

GST-ready billing & compliance

Automated tax calculations, e-invoice and e-way bill generation, and instant GSTR-1 to GSTR-9 report generation.

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Works offline, no internet required

"Work Without Internet" — an offline-first app so small businesses can bill without connectivity, with instant cloud sync when online.

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Smart inventory management

Real-time stock tracking, categorization, low-stock alerts and barcode/OCR scanning.

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Mobile-first accounting for MSMEs

Accounting software for both mobile and desktop to handle invoicing, inventory and accounting needs, aimed at small business owners rather than trained accountants.

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Free to start

"Lifetime Free Plan Available" alongside paid premium tiers, lowering the barrier to adoption for MSMEs.

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Customer Segments

Small & medium retailers1.5 Cr+ Indian businesses

Kirana stores, supermarkets, and specialty shops (jewelry, clothing, electrical) using Vyapar for billing and inventory.

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Food service & healthcare SMBs

Restaurants, hotels, salons/spas, pharmacies, hospitals and clinics.

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Manufacturers, wholesalers & distributors

Businesses managing stock inventory, party ledgers and GST invoicing across the supply chain.

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Service providers

Transportation operators, telecom resellers, freelancers and consultants.

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Customer Relationships

Direct personal support (phone, WhatsApp, email)Mon-Sat 9am-9pm, Sun 10am-7pm

Vyapar runs dedicated phone and WhatsApp support lines plus email support, staffed Monday-Saturday 9am-9pm and Sunday 10am-7pm.

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Live chat on the website

A real-time chat widget on vyaparapp.in lets visitors and customers get immediate help from a support representative.

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Free onboarding training for distributor partners

Vyapar gives its reseller/distributor partners online training when they come on board, with ongoing help for business and technical questions afterward.

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Self-service with a near-zero learning curve

The core product is built with minimal setup so business owners can start billing and invoicing on day one without training or technical expertise, making self-service the default relationship for most users.

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Channels

Mobile app stores

Distributed via Google Play (Android) and the Apple App Store (iOS).

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Desktop downloads

Windows and Mac desktop applications available for direct download from the company website.

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Direct website

vyaparapp.in / vyapar.com — sign-up, free trial and paid plan purchase.

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WhatsApp / SMS / email

Payment reminders and invoice delivery sent to end-customers of Vyapar's users via WhatsApp, SMS, or email.

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Key Activities

Continuous product development

Vyapar continuously builds and ships new billing, inventory, and accounting features while keeping the product intuitive and easy to use.

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GST/tax compliance reporting

The company generates GSTR-1, GSTR-2 and GSTR-3B reports and keeps invoicing logic current with GST rules so its users stay compliant.

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Multi-channel customer support operations

Running phone, WhatsApp, live-chat and email support lines with published hours (Mon-Sat 9am-9pm, Sun 10am-7pm) is an ongoing operational activity for the company.

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Portfolio expansion through acquisition

Vyapar acquired sales-engagement/CRM platform NeoDove in 2022 to broaden the scope of MSME problems it solves, per CEO Sumit Agarwal.

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Key Resources

Proprietary cross-platform accounting software4 platforms

A single product line spans Android, Windows, iOS and Mac with cross-device sync, offline-first functionality, and automatic encrypted cloud backups — the core technology asset the company is built on.

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Founding leadership with Intuit QuickBooks experience

CEO/founder Sumit Agarwal (ex-Intuit, Senior Development Manager) and CTO/founder Shubham Agarwal (ex-Intuit, Software Engineer) brought direct accounting-software product experience into Vyapar, per IndiaMART's own investor disclosure on its stake in the company.

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Growth capital from IndiaMARTRs 93 Cr for 27% stake

IndiaMART's cumulative investment in Vyapar reached Rs 93 crore for a 27% ownership stake as of the January 2022 Series B disclosure, giving Vyapar a strategic investor's capital base to fund growth.

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Key Partnerships

IndiaMART

Lead investor in Vyapar's Series A (2019) and a participating investor in its Series B (2022); IndiaMART's MD called the investment aligned with a long-term vision to make doing business easy for MSMEs.

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NeoDove

Telecalling CRM and sales engagement platform for SMEs, acquired by Vyapar in 2022 to broaden its product suite for MSMEs; now integrated as "Vyapar Flyy"/CRM offering.

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Revenue Streams

Freemium subscription

Free lifetime plan for core billing, with paid premium subscription tiers for advanced features — the company's stated pricing model is a mix of paid and freemium plans across mobile and desktop.

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Paying customer base

Over 1 lakh (100,000+) paying customers cited at the time of its Series B round in January 2022.

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Cost Structure

No cited public information yet.

FAQs on Vyapar

What is Vyapar's business model?

Vyapar's core value proposition centers on GST-ready billing & compliance, Works offline, no internet required, Smart inventory management, Mobile-first accounting for MSMEs.

How does Vyapar make money?

Vyapar's cited revenue streams include Freemium subscription, Paying customer base.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com · Last verified 7 Sep 2026. · Report a correction