About 24SEVEN
24SEVEN is a company based in Delhi (India) founded in 2004 by Samir Mod. 24SEVEN has raised $6 million across 1 funding round from investors including SOSV, Betatron Venture Group and Newlin.
- Headquarter Delhi, India
- Founders Samir Mod
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Godfrey Phillips India Limited
- Date of Incorporation 03 Dec, 1936
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$644.73 M (USD)24.64as on Mar 31, 2024
-
Net Profit
$103.27 M (USD)28.03as on Mar 31, 2024
-
EBITDA
$104.22 M (USD)11.03as on Mar 31, 2024
-
Total Equity Funding
$6 M (USD)
in 1 rounds
-
Latest Funding Round
$6 M (USD), Seed
Jul 01, 2022
-
Investors
SOSV
& 4 more
-
Employee Count
Employee Count
-
Acquired by
(Dec 15, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of 24SEVEN
24SEVEN has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Seed round of $6 million completed in July 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $6.0M
-
First Round
First Round
(01 Jul 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - 24SEVEN | Valuation | SOSV |
Investors in 24SEVEN
24SEVEN has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include SOSV, Betatron Venture Group and Newlin.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital and accelerator services are provided across multiple sectors.
|
Founded Year | Domain | Location | |
|
Sector-agnostic startup acceleration is provided by Betatron Venture Group.
|
Founded Year | Domain | Location | |
|
Investments are made in hardware, foodtech, insurtech, and consumer sectors.
|
Founded Year | Domain | Location |
Investments & Acquisitions by 24SEVEN
Financial Statements - 24SEVEN
24Seven Comparisons
Competitors of 24SEVEN
Latest news on 24Seven
Frequently Asked Questions about 24SEVEN
24SEVEN was founded in 2004 and raised its 1st funding round 18 years after it was founded.
24SEVEN is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
24SEVEN is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Seed of $6M, raised on Jul 01, 2022.
Annual revenue of 24SEVEN is $644.73M as on Mar 31, 2024.
Founded in 2004 in Delhi, India, 24SEVEN operates within the retail sector. Groceries, snacks, a wide variety of beverages, and personal care products are supplied through its domain, 24-seven.in. The company is led by Samir Mod as Founder and President. Operations are centered in Delhi, with services targeted at the Indian market for everyday consumer needs.
24SEVEN has 5 investors. Key investors include SOSV, Betatron Venture Group, Newlin, Verity Capital, and Argo's Quest.