Surajya Services Pvt. Ltd.
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Surajya Services Pvt. Ltd. - overview
Established
2014
Location
Noida, Uttar Pradesh, India
Primary Industry
Software
About
Surajya Services Pvt. Ltd. operates a digital platform, EasyGov, dedicated to streamlining government services and enhancing citizen engagement through innovative solutions tailored for individuals and businesses in India. Founded in 2014 in Noida, India, Surajya Services Pvt.
Ltd. developed EasyGov, an integrated platform that simplifies access to governmental services. The company secured INR 119. 99 mn in funding from Jio Platforms Limited in June 2022, which increased its valuation to INR 1.
52 bn. EasyGov offers a comprehensive suite of digital solutions focused on optimizing government service delivery and boosting citizen engagement. Its platform allows users to efficiently navigate government processes, eliminating complex paperwork and time-consuming procedures. Targeting individuals and businesses in India, EasyGov facilitates access to various licenses, permits, and regulatory services, thereby enhancing operational efficiency across multiple states.
In the most recent fiscal year of 2023, EasyGov generated a revenue of INR 185,540. 1 and reported an EBITDA of -135,850. 1, indicating the company’s financial performance in its sector. The revenue model is subscription-based, where clients, primarily government agencies and businesses, engage in annual or multi-year contracts for continuous platform access and updates.
Surajya Services Pvt. Ltd. plans to leverage its recent funding of INR 119. 99 mn from June 2022 to further develop its platform and expand its market reach.
The company is exploring new product launches aimed at enhancing user experience and efficiency, with specific timelines yet to be announced. Additionally, it aims to penetrate new geographic markets beyond India, though details on specific regions are not disclosed. The funding will support these initiatives, enabling the company to solidify its presence in the government service delivery sector.
Current Investors
Social Alpha, DBR Ventures, Jio Platforms Limited
Primary Industry
Software
Sub Industries
Internet, Legal Software, Information Services
Website
www.easygov.co.in
Verticals
IoT (Internet of Things), Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Surajya Services Pvt. Ltd. - timeline of key events
Surajya Services Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 63,302 | 1,691,465 | 3,753,229 | 7,739,168 | 9,762,280 | - | - | - |
| % Revenue Growth (YoY) | - | 2572.1% | 121.9% | 106.2% | 26.1% | - | - | - |
| EBITDA (USD) | (1,245,662) | (4,750,273) | (7,644,554) | (25,464,886) | (1,503,385) | - | - | - |
| Operating Income (USD) | (1,297,376) | (4,838,339) | (8,309,554) | (29,506,356) | (9,468,094) | - | - | - |
| Operating Margin | (2049.5%) | (286.0%) | (221.4%) | (381.3%) | (97.0%) | - | - | - |
| % EBITDA Margin | (1967.8%) | (280.8%) | (203.7%) | (329.0%) | (15.4%) | - | - | - |
| NET Income (USD) | (1,288,338) | (2,948,769) | (8,309,554) | (21,329,541) | (7,788,185) | - | - | - |
| % Net Margin | (2035.2%) | (174.3%) | (221.4%) | (275.6%) | (79.8%) | - | - | - |
Surajya Services Pvt. Ltd. - employee data
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