- It is built on the Python framework and allows users to customise the solution and build business applications and workflows on top of it
- It is an open source project being built in India
Zerodha-backed fintech fund and incubator Rainmatter has invested Rs 10 crore into ERPNext. It is an open source project being built in India.
In a press release, Rainmatter said ERPNext offered multiple modules. It started from inventory management, payroll, sales and support, customer relationship management to employee wellness. It is built on the Python framework and allows users to customise the solution and build business applications and workflows on top of it.
Continue investing in the product and the community
ERPNext chief executive officer Rushabh Mehta said said that there is a strong signal of the arrival of ERPNext as an alternative to the large, expensive and proprietary ERP (enterprise resource planning) products. He added that with the investment, the company will continue investing in the product and the community.
Zerodha’s chief technology officer Kailash Nadh added that the company had managed to build its entire technology stack on ERPNext. It has also succeeded in scaling up the product to emerge as the largest stock broker in India.
