About 19th Mile
19th Mile was a Technology company based in Gurugram (India) founded in 2015. It offers a cloud-based automated sales CRM solution for businesses. It operates on a B2B model. 19th Mile has raised $291.45 thousand across 3 funding rounds from investors including Rishi Vasudev, Ritesh Vohra and Praveen Kumar. 19th Mile was last valued at $2.64 million in April 2017. The company is recorded as dissolved. Its focus areas include Software, CRM Solutions and Sales Automation. Its legal entity in India is 19Th Mile Capability Solutions Private Limited (U74999HR2015PTC055903).
Company details
19th Mile operates with a B2B model, focusing on leveraging cutting-edge technology, software, crm solutions, and automating sales processes. Offers a cloud-based automated sales CRM solution for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Gurugram, India
- Stage Minicorn
- SectorsTechnology
- Website 19thmile.com
- Social X Facebook
- Legal Name 19Th Mile Capability Solutions Private Limited
- Date of Incorporation 29 Jun, 2015
- Jurisdiction Gurgaon, Haryana, India
- Net Profit₹75,454
FY 2022 · 0% margin
- EBITDA-₹13,521
FY 2022 · 0% margin
- Total Equity Funding$291.45K (USD)
in 3 rounds
- Latest Funding Round$174.41K (USD), Angel Round
Jul 2018
Associated legal entities of 19th Mile
19th Mile operates through 19Th Mile Capability Solutions Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 19Th Mile Capability Solutions Private Limited CIN U74999HR2015PTC055903 | Strike Off | 29 Jun 2015 | Gurgaon, Haryana | 2 | View details |
Funding Insights of 19th Mile
19th Mile has successfully raised a total of $291.45K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $174.41 thousand completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $291,453
- Total Rounds 3
- Last Round Angel Round — $174,414
- First Round $89,304
(Jul 2016)
- Investors Count 14
All 3 funding rounds of 19th Mile with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2018 | $174,414 | Angel Round | – | – | |
| Apr 2017 | $27,735 | Angel Round | $2.64M | Purabi Gogoi | |
| Jul 2016 | $89,304 | Angel Round | $2.52M | Manish Kumar Agarwal, Prasun Kumar Gupta |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2017 | $2.64M | •••••••• |
| Jul 2016 | $2.52M | •••••••• |
Last known valuation $2.64M (Apr 2017). 14 investors in total: 0 institutional and 14 angel.
Investors in 19th Mile
19th Mile has secured backing from 14 investors, including angel investors. Prominent investors backing the company include Rishi Vasudev, Ritesh Vohra and Praveen Kumar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RV Rishi Vasudev | Co-founder of G.O.A.T Brand Labs, ex-Flipkart, active angel investor | unknown_eaee73a9c6b5456fa | ||
RV Ritesh Vohra | Angel investor, Partner at Kalaari Capital, focused on early-stage Indian startups | unknown_4af165485e304654a | ||
PK Praveen Kumar | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_c9ec119d857a4310a | ||
PG Prashant Gupta | Angel investor, ex-entrepreneur, focused on Indian startups in tech and consumer sectors. | unknown_18c5caa4111c458b8 | ||
PG Purabi Gogoi | unknown_f147dcc236ce4a379 | |||
SR Srinivasa Rao Siglipali | unknown_0132fe1164d246d1b | |||
MK Manish Kumar Agarwal | Angel investor and entrepreneur, founder of multiple tech ventures in India. | unknown_3918ab3ef3d04d84b | ||
PK Prasun Kumar Gupta | unknown_978fa9f6566c4d528 | |||
PK Pranav Kumar | Angel investor and tech entrepreneur, focused on early-stage Indian startups | unknown_b712edbf0c274eb29 | ||
DM Dushiyant Mishra | unknown_1b9aedc879534892a |
Investor details for 19th Mile
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of 19Th Mile Capability Solutions Private Limited (19th Mile)
19Th Mile Capability Solutions Private Limited is the primary company behind 19th Mile. The board of 19Th Mile Capability Solutions Private Limited currently have 2 directors; the longest-serving is Manika Gandhi, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manika Gandhi DIN 07198166 | Director | 29 Jun 2015 | 11 yrs 4 mo | 19Th Mile Capability Solutions Private Limited |
| Purabi Gogai DIN 08686772 | Director | 15 Jan 2020 | 6 yrs 9 mo | 19Th Mile Capability Solutions Private Limited |
Financials of 19th Mile
Figures of 19Th Mile Capability Solutions Private Limited, the primary company behind 19th Mile, for FY 2022. Net profit was ₹75,454 (0% margin). EBITDA was -₹13,521 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- ₹75,454Net profit · 0% margin
- -₹13,521EBITDA · 0% margin
- ₹42.6 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of 19Th Mile Capability Solutions Private Limited are on its company page.
Detailed financial statements for 19th Mile
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of 19th Mile
4 dated milestones of 19th Mile across 3 years, from founding to its latest funding, stage changes and deals.
- Founded 19th Mile is founded.
- Funding First funding round of $89K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $174K.
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Related news about 19Th Mile
Complete news archive for 19th Mile
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Frequently Asked Questions about 19th Mile
19th Mile was founded in 2015 and raised its 1st funding round 1 year after it was founded.
19th Mile is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
19th Mile is a funded company, having raised a total of $291.45K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $89.3K, raised on Jul 2016.
19th Mile operates with a B2B model, focusing on leveraging cutting-edge technology, software, crm solutions, and automating sales processes. Offers a cloud-based automated sales CRM solution for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
19th Mile has 14 investors. Key investors include Rishi Vasudev, Ritesh Vohra, Praveen Kumar, Prashant Gupta, and Purabi Gogoi.
The valuation of 19th Mile is $2.64M as of Apr 2017.
19th Mile operates through 19Th Mile Capability Solutions Private Limited.
The legal entities of 19th Mile currently have 2 directors, including Manika Gandhi, Purabi Gogai.