Girnar Software Pvt. Ltd. announced that it has received INR 18,810,000,000 in a round of funding led by new investor LeapFrog Investments on October 13, 2021. The transaction included participation from new investors Canyon Partners, LLC, Mirae Asset Financial Group, Franklin Resources, Inc., Harbor Spring Capital, LLC, existing investors Sequoia Capital India Advisors Private Limited, and Sunley House Capital Management LLC; and Finsight I LP Fund, a fund managed by FinSight Ventures, Orios Select Fund I, a fund managed by Orios Venture Advisors Private Limited, Axis New Opportunities AIF-l, a fund managed by AXIS Bank Limited, Asset Management Arm, and CA Gaingels.

As a part of the transaction, the company has received $200,000,000 (INR 15,048,000,000) in equity and $50,000,000 (INR 3,762,000,000) in debt. The round is raised at a post-money valuation of $1,200,000,000 (INR 90,288,000,000). The transaction is raised in pre-IPO funding.