FCB Technologies Private Limited

FCB Technologies Private Limited is a cloud-based digital transformation company focused on small and medium-sized enterprises in the manufacturing sector, offering integrated business process automation tools. Founded in 2016 by Ritesh Kumar, Rohan Sharma, and Sharad Sharma, FCB Technologies is headquartered in Mumbai, India. The company primarily focuses on providing digital solutions specifically tailored for SMEs in manufacturing. In December 2021, it raised INR 521.

430 mn in Series A funding led by Tribe Capital, with participation from Gemba Capital, Kae Capital, Kalysta Capital, Panacea Venture, and Prime Venture Partners, bringing the total amount raised to INR 521. 430 mn and a current company valuation of INR 2521. 450 mn. TranZact, the core product of FCB Technologies, offers a comprehensive cloud-based solution aimed at automating crucial business processes for SMEs in the manufacturing sector.

Key features include sales, purchase, quotations, inventory, and production management, ensuring effective operation and compliance tailored to the Indian market. In the most recent fiscal year 2023, FCB Technologies reported a revenue of INR 115985. 9 mn with an EBITDA of -1605392. 9 for the same year.

Following the Series A funding round in December 2021, FCB Technologies plans to utilize the new capital to onboard over one million SMEs within the next 12 months. The company aims to expand its product offerings and enhance its service delivery, potentially targeting new geographic regions beyond India, although specific locations have not been disclosed.