About 1Hour Bazaar
1Hour Bazaar is a company based in Chennai (India) founded in 2020 by Vijayakumar Vaidhyanathan and Muthu P L. It operates as a B2C. 1Hour Bazaar has raised $465.92 thousand across 2 funding rounds from investors including Taiki Consulting, Annamalai Thiagaraja and Anand Venkatanarayan. 1Hour Bazaar operates in a competitive market with competitors including Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
- Headquarter Chennai, India
- Founders Vijayakumar Vaidhyanathan, Muthu P L
- Stage Minicorn
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Sectors
Retail
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Phone
Locked
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Website
Locked
- Legal Name Voicegear Network Technologies Private Limited
- Date of Incorporation 09 Oct, 2007
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$542.31 K (USD)-17.93as on Mar 31, 2023
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Net Profit
-$220.8 K (USD)40.24as on Mar 31, 2023
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EBITDA
-$156.62 K (USD)56.45as on Mar 31, 2023
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Total Equity Funding
$465.92 K (USD)
in 2 rounds
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Latest Funding Round
$199.64 K (USD), Seed
May 30, 2022
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Investors
Taiki Consulting
& 4 more
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Employee Count
Not available
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Funding Insights of 1Hour Bazaar
1Hour Bazaar has successfully raised a total of $465.92K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $199.64 thousand completed in May 2022. 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.
Investors in 1Hour Bazaar
1Hour Bazaar has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Taiki Consulting, Annamalai Thiagaraja and Anand Venkatanarayan.
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Annamalai Thiagaraja |
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Anand Venkatanarayan |
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Investor details for 1Hour Bazaar
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Investments & Acquisitions by 1Hour Bazaar
Investment portfolio details for 1Hour Bazaar
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Financial Statements - 1Hour Bazaar
Detailed financials for 1Hour Bazaar
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1Hour Bazaar Comparisons
Peer comparison for 1Hour Bazaar
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Competitors of 1Hour Bazaar
1Hour Bazaar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
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Instant delivery of groceries and essentials is facilitated online.
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Personal and household products are delivered via an e-commerce platform.
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Food and grocery items are ordered via an online network.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Grocery products are provided via an online digital storefront.
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Provider of online platform offering grocery, household items, cakes, and flowers
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Detailed competitors of 1Hour Bazaar
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Latest news on 1Hour Bazaar
Complete news archive for 1Hour Bazaar
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Frequently Asked Questions about 1Hour Bazaar
1Hour Bazaar was founded in 2020 and raised its 1st funding round 1 year after it was founded.
1Hour Bazaar is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
1Hour Bazaar is a funded company, having raised a total of $465.92K across 2 funding rounds to date.
Annual revenue of 1Hour Bazaar is $542.31K as on Mar 31, 2023.
1Hour Bazaar an app-based retail platform specializing in fresh fruits and vegetables delivery through engaging in retail operations, operating online marketplaces, food retail, and fruits and vegetables. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
1Hour Bazaar has 5 investors. Key investors include Taiki Consulting, Annamalai Thiagaraja, Anand Venkatanarayan, Rajesh Parasuraman, and Raja Vaidyanathan.
The valuation of 1Hour Bazaar is $2.69M as of May 2022.