Prayaam Consulting Private Limited

What Prayaam Consulting Private Limited does

Prayaam Consulting Private Limited (operating as Prayaam Software Services Private Limited since May 2021) is a Nagpur, India-based IT solutions firm founded in 2019 that operates a horizontally diversified portfolio of SaaS products and professional services. Its core SaaS offerings include CoWorkingNext, a cloud-based coworking and shared-office management platform with member management, billing, payments (PayPal, Razorpay), resource booking, multi-lingual portals, and an in-development NLP-driven chatbot (CoWorkingNext+); 40dollarlogo, an online logo and business-design service targeting the Americas; and Gibiyi, a global business advertising design storefront with template pricing from $5. The company also runs Oracle EPM/BI consulting services (covering FCCS, PBCS, EPBCS, ARCS, PCMCS, TRCS, EDMCS, EPRCS), Business Analytics consulting with a proprietary Movalytics media-industry framework, ERP-CRM consulting, web/app development, and Account & Advisory services.

Underlying technology spans cloud-based SaaS, Oracle EPM/BI and data warehousing stacks (Oracle, MS SQL Server, Essbase), Python/R-based ML, NLP, and computer vision. Revenue mechanics blend SaaS subscriptions (CoWorkingNext), low-ticket one-time design purchases (40dollarlogo, Gibiyi), and project-based enterprise consulting (Oracle EPM, Business Analytics). The company employs 11-50 people, is founder-owned and bootstrapped with no disclosed external funding, and markets through dedicated product websites, social channels (Facebook, Instagram, LinkedIn), and industry event participation.

The company is led by Founder Pankaj Dhole, Managing Director Hariranjan Sakhare (35 years in financial services), Promoter Vilas Gedam (EPM/BI solutions oversight), and CEO Shubham Bankar (operations and general management). The leadership team combines EPM/analytics expertise with financial services experience, supporting both the SaaS and consulting lines of business. Strategic direction includes expanding the NextGen R&D division, developing new products such as the Zwapp article exchange platform, and deepening AI capabilities across the CoWorkingNext platform.

Name

Prayaam Consulting Private Limited

Legal name

Prayaam Consulting Private Limited

Website

https://prayaam.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Prayaam Consulting Private Limited is a Nagpur, India-based IT solutions firm offering SaaS coworking management (CoWorkingNext), logo and design services (40dollarlogo, Gibiyi), and Oracle EPM/BI consulting, serving SMBs, coworking operators, and enterprises globally.

Ownership category

akta.pro rank

Product category

Enterprise IT Solutions and SaaS

NAICS

Custom Computer Programming Services (541511), Software Publishers (513210), Other Management Consulting Services (541618), Graphic Design Services (541430)

SIC

Services-Computer Programming Services (7371), Services-Prepackaged Software (7372), Services-Management Consulting Services (8742), Services-Advertising Agencies (7311)

akta.pro primary industry

ERP, CRM & Enterprise Applications Consulting (BPAHAEAI)

akta.pro secondary industries

Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO), CRM Strategy & Consulting (BPAFAFAA), Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

Keywords

• Coworking management software
• Enterprise performance management
• Business analytics consulting
• Logo design services
• SaaS platform solutions

Headquarters

HQ city

Nagpur

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Subscriptions (CoWorkingNext): Cloud-based subscription service for coworking space management with monthly/annual billing based on plans and member counts
2. Logo & Design Services (40dollarlogo, Gibiyi): One-time logo design and business advertising design services for startups and SMBs, with templates starting from $5
3. Business Analytics & EPM Consulting: Professional consulting services for Oracle EPM implementation, Business Intelligence strategy, Data warehousing, and AI solutions
4. Web Design & Development Services: Website consultations, design and development services including static websites, eCommerce platforms, desktop/mobile applications

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Prayaam develops and sells proprietary SaaS products including CoWorkingNext (coworking management software), 40dollarlogo (logo design service), and Gibiyi (advertising design template platform), and delivers specialized IT consulting services in Oracle EPM/BI implementation, Business Analytics, Web Development, Account & Advisory, and ERP-CRM integration for businesses and coworking operators.

Product overview

Prayaam Consulting Private Limited operates as an IT solutions provider offering a portfolio of SaaS products and consulting services. The core product portfolio includes CoWorkingNext (cloud-based coworking management software), 40dollarlogo (logo and design services for the Americas), and Gibiyi (global advertising design platform). The ecosystem extends through CoWorkingNext+ (with AI chatbot and private cloud), CoWorkingD+ (interior design), and Business Analytics (with Movalytics framework for media analytics). Supporting services include Oracle EPM implementations, web development, accounting/advisory, and ERP-CRM consulting. The company also performs R&D on next-generation products.

Differentiator

Problem solved

Functional benefit

Brands

• CoWorkingNext: SaaS-based facility management software for coworking spaces, shared offices, and business centres with member management, space management, billing, payments, and resource booking features
• 40dollarlogo
• Gibiyi
• Business Analytics Consulting
• Movalytics
• CoWorkingNext+
• CoWorkingD+
• Zwapp
• NextGen

Products and services

• CoWorkingNext Integrated coworking management SaaS for coworking operators that consolidates booking, member management, payment tracking, and admin visibility in a single platform with customizable domains and portals for each workspace. Targets SMB and mid-market coworking space operators globally.
• 40dollarlogo Fixed-price logo design service targeting startups, early-stage companies, and individual entrepreneurs needing affordable, fast-turnaround brand identity assets without engaging full-service design agencies.
• Gibiyi Template-based advertising design platform providing SMB customers with self-serve advertising creative templates and unit-priced design outputs delivered digitally.
• CoWorkingD+ Facility design and interior design services for coworking spaces offered in partnership with selected cities in India, designed to complement the CoWorkingNext platform.
• Business Analytics Consulting service covering BI dashboard development, data warehousing, ETL integration, and the proprietary Movalytics framework for movie and media industry analytics, delivered to enterprise and mid-market clients using AI/ML capabilities in Python and R.
• Oracle EPM Services Specialized consulting practice for Oracle Hyperion Enterprise Performance Management implementation and integration, targeting mid-market and enterprise clients needing finance transformation and EPM expertise.
• Web Services Web platform design and development services for business clients, covering custom web application delivery as part of the company's IT solutions portfolio.
• Account & Advisory Services Ongoing managed accounting and advisory services providing continuous financial and operational advisory support to clients, leveraging leadership's 35 years of financial services experience.
• ERP-CRM Services Enterprise resource planning and customer relationship management integration services for businesses needing connected ERP and CRM systems as part of their IT solutions stack.

Quantifiable outcome

• Freed up time for community building activities at coworking spaces
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability8 records

Feature5 records

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• OfficeRnD: Cloud-based coworking and flexible office management software serving coworking operators globally. Directly competes with CoWorkingNext on member management, billing, resource booking, and integrations.
• Nexudus: Established coworking space management platform offering member portals, billing, bookings, and analytics. Direct competitor to CoWorkingNext with larger global install base and broader feature set.
• Cobot: Coworking management software for member management, billing, and community features. Direct alternative to CoWorkingNext, particularly for smaller operators.
• Andcards: Coworking and flex-space management app with member management, payments, and booking features. Targets similar SMB coworking operators as CoWorkingNext.
• 99designs: Global graphic design marketplace connecting clients with designers for logos, branding, and marketing materials. Direct competitor to 40dollarlogo and Gibiyi for SMB logo and design services.
• Designhill: Online graphic design platform offering logo design contests and design services for SMBs. Comparable to 40dollarlogo and Gibiyi with broader product suite and larger user base.
• Optix: Coworking and flexible workspace management platform with member apps, booking, and analytics. Direct peer to CoWorkingNext in the coworking operator software category.

Broad incumbents

• Deloitte: Global Big-4 consultancy with large Oracle EPM, ERP, and CRM implementation practices. Competes with Prayaam's Oracle EPM services at the enterprise tier with far greater scale and brand.
• Wipro: Global IT services firm with Oracle EPM, BI, and enterprise application practices. Overlaps with Prayaam's consulting and BI offerings but at significantly larger scale and broader portfolio.
• Infosys: Large Indian IT services company with Oracle ERP/EPM consulting, business analytics, and digital services practices. Comparable Indian-origin competitor for Prayaam's enterprise consulting work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Prayaam-Consulting-Private-Limited-672507546498728/?modal=admin_todo_tour
• LinkedInlinkedin.com/company/prayaam-consulting-private-limited
• Instagraminstagram.com/prayaam

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prayaam Consulting Private Limited