Zomato delivered more orders during the 2023 New Year celebrations than all the orders made during NYE of 2015, 2016, 2017, 2018, 2019, and 2020 combined. 🚀 For F&B businesses, the festive season means record sales & surging revenues. 🎉 For F&B finance leaders? It’s a ticking time bomb. 💣 Here’s what the weeks after the festive high really look like: High-volume periods bring challenges like mismatched discounts, miscalculated refunds, incorrect fees, and payment errors. ⚠️ These issues cause revenue leaks, impacting cash flow and profits—posing a serious risk to your bottom line. ZenStatement transforms this chaos into clarity: ZenStatement unifies all your financial data 📊 and automates reconciliation 🤖, giving you a real-time view of your cashflows. 💼 The result? Your revenue leakages, all fixed in real time. ✨ What once took weeks is now seamless, giving you the confidence to focus on growth, not fixes. Reconcile your statements on time—and get home in time for the holidays. ❤️ 👉 Fix your statement. Reclaim your revenue. #RevenueRecapture #FinancialClarity #FnBFinance #HolidayRush #Zomato #Swiggy
ZenStatement
Software Development
Bangalore, Karnataka 881 followers
AI Powered Fin-Ops and Financial Supply Chain Solution
About us
Mission: Transforming finance for a digital-first world. About Us: We aim to be the global leader in financial solutions, specializing in serving digital-first businesses. Based in Bangalore, India, we bring an international perspective to financial technology. Our Niche: We provide cutting-edge financial solutions, addressing complexities like diverse revenue channels, dynamic payment methods, and high transaction volumes. Our AI-Powered Cashflow Management Solution offers real-time monitoring, optimization, reconciliation, and forecasting for precise financial control. Why Choose Us? Expertise: Our team has decades of financial industry experience. Global Reach: We tailor solutions for diverse financial ecosystems. Innovation: We push the boundaries of financial technology. Scalability: Our solutions fit startups to multinational corporations. Reliability: Trust is our foundation. Join us on the journey to redefine financial solutions for the digital age. ZenStatement simplifies complexities, empowering businesses to reach their financial goals.
- Website
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https://zenstatement.com/
External link for ZenStatement
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Bangalore, Karnataka
- Type
- Privately Held
- Founded
- 2023
- Specialties
- ecommerce, fintech, and b2b Saas
Locations
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Primary
72, Service Rd, LRDE Layout, Doddanekundi
Bangalore, Karnataka 560037, IN
Employees at ZenStatement
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Abhi Bajaj
Marketing Leader | Author | Geek | Ex- Microsoft, Capillary, ITILITE
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Sathya Nellore Sampat
Engineer and founder turned VC - Investing $500K-$1M in transformational AI B2B software companies built by Indian origin entrepreneurs; Ex-Founder…
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Sourabh Nolkha
Building ZenStatement | ISB Co17 | ex- Mensa Brands, ITILITE, Deloitte
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Akhilesh Goswami
Engineering @ZenStatement | Ex ShopUp | Ex McAfee | Javascript, Node.js | Micorservices
Updates
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🚨 Reality check: 47% of finance professionals spend most of their time on reconciliations and book closures. (As per our latest poll) Our poll revealed the other major time sinks: 21% struggled with GST, TDS & compliance, another 21% with cashflow planning, and 11% with MIS reporting. In an effort to dig deeper we reached out to finance professionals expecting varied root causes for these challenges. Surprisingly, all of it pointed to one fundamental issue: Data. 👉 When you're handling thousands of transactions, your efficiency is only as good as your data processing. Think about it: 💼 Your team handles large volume of transactions. 🔍 Each reconciliation is a maze of matching and validation 🏃♂️ Monthly closes feel like an endless treadmill 🔑 Fix your data, and the processes will follow. For organizations handling complex, high-volume data, the challenge isn't just managing it—it's making it work for you. 🎉 The good news? Modern AI tools (like ZenStatement) are your ticket to freedom. These tools can process, match, and reconcile data at a scale humans simply can't match. 💡 The math is simple: Better Data Processing = Less Time Reconciling = More Time Driving Impact #FinanceLeadership #Automation #AIinFinance #StrategicGrowth #DataProcessing
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💬 Busy season or just the usual first-week crunch? For finance teams, the start of the month often feels like an uphill climb. Whether it’s book closures, GST & TDS filings, or cashflow reporting —- everything seems to demand your attention at once. 🧐 So, where does the time really go? Between compliance deadlines, preparing MIS reports, and managing cashflows, it’s a constant juggle to keep things moving smoothly. Book closures bring their own challenges with revenue recognition, while compliance tasks like GST and TDS filings pile on the pressure. 🤔 What’s your biggest time sink during the first week? Drop a vote and let’s discuss—how does your team tackle the first-week crunch? #Finance #Accounting #GST #TDS #Cashflow #RevenueRecognition #MonthEndClose #Compliance #FP&A #FinanceTeams #EnterpriseFinance
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🚀 Exciting Growth at ZenStatement! We're delighted to welcome Soumyadeep Kundu, who joins our marketing team. With strong experience in the SaaS B2B space and a passion for crafting compelling narratives, he's here to shape our brand's identity and future. 🌱 We're expanding our team (cautiously and at a healthy pace) to build a CFO-stack that automates finance operations for high transaction volume businesses. Ready to build the future of financial automation? Join us and work directly with our founders - Sourabh Nolkha (CA, ex-Mensa Brands and ITILITE with deep fintech context as an industry expert) and Ankit N. (ex-Juspay, building financial solutions used by millions). Check out the comment below for open positions 👇 ✨ As we grow, we're excited to build a team that shares our vision. Welcome aboard! #ZenStatement #TeamGrowth #FinTech #StartupHiring #SeedFunding
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We just closed our Seed Round (link in the comments below) and we are expanding our team to simplify the enterprise finance ! Join us.
🌟 We’re Growing – Join the Journey at ZenStatement! 🌟 At ZenStatement, we’re building something impactful and looking for passionate innovators to join us! If you’re driven, ready to solve big challenges, and want to work at the cutting edge of technology, this is your chance. 🔍 We’re hiring across multiple roles! Whether your expertise lies in DevOps, Data Engineering, AI, Software Development, or you’re looking to start your career as an Intern – there could be a spot for you on our team. 📄 Explore Opportunities: Opportunity link in the comments 📋 Apply Today: Ready to join us? Job link in the comments. 📧 Questions? Reach out to us at [email protected] – we’d love to connect! Be a part of a team that values creativity, innovation, and bold ideas. Let’s shape the future of fintech together! 🌐💡 hashtag #hiring #careeropportunities #fintech #innovation #startupcareers #joinus #ZenStatement Ankit N. Akhilesh Goswami Hariprasath S Darshi Akash
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🪔 Diwali Greetings from ZenStatement! 🪔 This Diwali, we wish for your financial statements to sparkle brighter than ever! May your balance sheet be as colorful as the Diwali lights and your profit margins shine like never before. As we celebrate this festival of lights, we thank our invaluable team, partners, and customers for being the guiding light on our journey. Let the new financial year usher in clarity, prosperity, and reduced leakages in your ledgers. Wishing you a prosperous and joyous Diwali filled with enlightened ventures and a future as radiant as the fireworks. Happy Diwali from all of us at ZenStatement! ✨ Sourabh Nolkha and Ankit N.
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Looking forward to the session with Chantelle P (The Finance Story) and our founder Sourabh Nolkha, please join us as we share our journey and mission to simplify finance.
Bring the next opportunity to mid - senior finance professionals through stories, analysis and career insights.
#Register for Fireside Chats Network by The Finance Story : nas.io/the_finance_storyI 16th Oct: Sourabh Nolkha, Finance Controller turned Co-founder at ZenStatement 🔑 What You’ll Learn: • Identified a gap in the market and seized the opportunity • Journey to securing $1.2M in funding and Fundraising strategies that worked in a competitive landscape • How AI is transforming cashflow management and attracting investors • What opportunities CFOs and finance professionals can tap into! Followed by 30 mins Q&A and networking 17th Oct: CA Sambhav Mehrotra, Co-founder of Startup Movers Private Limited 🔑 What You’ll Learn: • Why did Sambhav, a CA, enter the startup world 13 years ago, and what vision led to co-founding Startup Movers? • Step-by-step building Startup Movers Private Limited- Key achievements, including reaching $1 million in revenue and growth expectations for the next few years. • Insights on the market potential for firms like Startup Movers in India's startup ecosystem. • Sam's top advice for aspiring entrepreneurs and finance professionals entering the startup advisory space. Followed by Q&A and networking 18th Oct: Rohit Krishna, General Partner WEH Ventures (Fund one: INR 20 crore and Fund 2 INR 115 Crores) 🔑 What You’ll Learn: • Can you explain your role as a GP and how a venture capital fund operates? • How do you approach fundraising for your venture capital funds? • Do you believe one can make more money as a venture capitalist or by building a startup? • What kind of services do VCs typically need from auditors, CFOs, and CA firms? How do you engage with them? You can attend any fireside chat followed by Q&A only for INR 300/- each Our goal is to let you meet and connect with everyone we feature on The Finance Story. 🤝🌟 #thefinancestory
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As we continue to celebrate our maiden year and the latest funding success! This pivotal moment in our journey wouldn’t have been possible without the steadfast belief and support of our remarkable investors 3one4 Capital, BoldCap, Dynamis Ventures, Atrium Angels and an esteemed network of angel investors including Michael Boyd, Chetan Venugopal, Ankit N., Tejas Goenka, Sujayath Ali, Navaneetha Krishnan J. Your trust and confidence in our mission to revolutionize financial management is both humbling and motivating. Over the past year, the inspiring validation from industry leaders like Vijay A M, Kulin Shah, Ankit Fatehpuria, Manish Vij has reaffirmed that we are on the right path. It's your confidence that fuels our passion and drives us to push boundaries in creating a zen-like experience in finance—even amidst numbers and spreadsheets. As we forge ahead into this new chapter, Sourabh Nolkha, Ankit N. & rest of the #TeamZenStatement remain committed to enhancing our offerings and delivering excellence. Thank you for being an essential part of our journey, and we are excited to continue redefining finance with you by our side. Let’s make the future of finance as harmonious as a ZenStatement. Here's to greater heights and the calm within the numbers! 🌟 Joslin Jose Sathya Nellore Sampat Sonal Saldanha Ehteshamul Haque Vinita Jain Nikhil Gilani Utpal Doshi Dharmik Chheda Vaibhav Joshi Sarvam Goel Gyan Chaudhary Krishnan Sarangapani Dhruv Toshniwal Vaishnav Chari Tehmina Sharma #Gratitude #Innovation #ZenStatement #FinanceReimagined #NewJourney Read more about our journey in Yourstory (link in bio)
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🎉 Exciting Milestone: Announcing New Funding! 🎉 We're thrilled to share that ZenStatement has secured a 💲1.62 million in seed funding from 3one4 Capital,BoldCap, Atrium Angels and Dynamis Ventures! This achievement reflects our dedication to vision of transforming enterprise finance function into a more efficient and serene experience. (Read more in The Economic Times, link in comments) This wouldn't have been possible without the hard work and passion of our phenomenal #TeamZenStatement, who drive innovation daily and the leadership of the founders - Sourabh Nolkha and Ankit N.. Thank you to our investors for believing in our vision and to our community of supporters who have been vital to our success. Together, we'll ensure the next chapters of the ZenStatement story are even more remarkable. If you are passionate about building something that drives real impact for businesses, join us as we embark on this exciting new phase. Here's to charting new paths, achieving greater zen, and making impactful strides in #enterprisefinance! 🌟 #FinanceTransformation #FundingAnnouncement #Gratitude #InnovationInFinance #hiring
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🎉 Celebrating One Year of Growth and Progress! 🎉 Today marks a major milestone for our company—we're officially one year into our journey! Our mission has always been clear: to simplify corporate finance for high transaction-volume enterprises, and we’re proud of the impact we have created so far and what lies ahead. A heartfelt thank you to our early customers and partners who have trusted us to transform their finance processes. We also want to recognize the dedication and hard work of our incredible team. A special shoutout to our Founders, Sourabh Nolkha and Ankit N., whose vision and leadership have been pivotal to every success we've achieved. As we look ahead, exciting changes are in the works—stay tuned for some big announcements (you may even notice a fresh new look 😉). To everyone who’s been part of this journey, thank you! The best is yet to come. #OneYearAnniversary #CorporateFinanceSimplified #Ecommerce #Fintech #Retail #Innovation #Receivables #Payables #BuildingTheFuture
🎉 Celebrating One Year of Growth, Learning, and Milestones! 🎉 As we mark the first anniversary of our journey, I am filled with gratitude and pride for how far we've come. What started as a mission to simplify corporate finance for high transaction-volume enterprises has evolved into something much larger, thanks to the trust and support of our early customers. Your belief in our vision and first products (Receivable Management and Payable Management solution) has been instrumental in our success, particularly in the ecommerce, retail, and fintech sectors. A huge shoutout to our incredible team, whose passion and dedication have fueled this mission from the start. I am especially grateful to my co-founder Ankit N., whose vision and relentless drive has given a shape to our product, made every challenge surmountable and every victory sweeter. We've accomplished so much in this first year (many happy customers including a few Unicorns, processing almost 10M+ transactions worth $50m+ and a team of 15 talented, trusting and driven folks) but we're just getting started. Stay tuned—there are exciting developments on the horizon (and maybe even a new look 😉). To our angels, partners, friends and family: Thank you for believing in us. As we gear up for the next phase, we’re thrilled to have you with us on this adventure. Big things are ahead, and we can’t wait to share more soon. #FirstAnniversary #Grateful #Entrepreneurship #Teamwork #BuildingTheFuture #CorporateFinance #Ecommerce #Fintech #SimpliFin