About 91Springboard
91Springboard is a company based in Mumbai (India) founded in 2012 by Deepak Sharma, Pranay Gupta, Anand Vemuri, and Varun Chawla. 91Springboard has raised $29.2 million across 8 funding rounds from investors including European Union, FreakOut and Phoenix International. The company has 158 employees as of November 30, 2024. 91Springboard operates in a competitive market with competitors including WeWork, myHQ, BHIVE Workspace, IndiQube and DevX, among others.
- Headquarter Mumbai, India
- Employees 158 as on 30 Nov, 2024
- Founders Deepak Sharma, Pranay Gupta, Anand Vemuri, Varun Chawla
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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Annual Revenue
$26.66 M (USD)26as on Mar 31, 2024
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Net Profit
$2.98 M (USD)222as on Mar 31, 2024
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EBITDA
$14.52 M (USD)53as on Mar 31, 2024
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Total Equity Funding
$29.2 M (USD)
in 8 rounds
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Latest Funding Round
$2.71 M (USD), Series B
Oct 27, 2021
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Investors
European Union
& 41 more
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Employee Count
158
as on Nov 30, 2024
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Funding Insights of 91Springboard
91Springboard has successfully raised a total of $29.2M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $2.71 million completed in October 2021. 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 91Springboard
91Springboard has secured backing from 42 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, FreakOut and Phoenix International.
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Investments in multiple sectors are managed via venture capital.
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VC firm investing in consumer tech & fintech based startups
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Venture capital is invested by Silo Holding across multiple sectors.
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Investor details for 91Springboard
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Investments & Acquisitions by 91Springboard
Investment portfolio details for 91Springboard
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Financial Statements - 91Springboard
Detailed financials for 91Springboard
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91Springboard Comparisons
Peer comparison for 91Springboard
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Competitors of 91Springboard
91Springboard 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 WeWork, myHQ, BHIVE Workspace, IndiQube and DevX, among others.
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Flexible office and coworking spaces are provided by WeWork globally.
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Shared office memberships are booked through an online marketplace.
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Flexible workspace solutions, including coworking and managed offices, are offered.
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Flexible workspace solutions are provided for enterprises, startups, and SMBs.
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Managed office spaces and coworking environments are provided for businesses.
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Detailed competitors of 91Springboard
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Latest news on 91Springboard
Complete news archive for 91Springboard
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Frequently Asked Questions about 91Springboard
91Springboard was founded in 2012 and raised its 1st funding round 4 years after it was founded.
91Springboard is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Anshu Sarin is the current CEO of 91Springboard.
91Springboard is a funded company, having raised a total of $29.2M across 8 funding rounds to date.
As of Nov 30, 2024, the latest employee count at 91Springboard is 158.
Annual revenue of 91Springboard is $26.66M as on Mar 31, 2024.
Founded in 2012 in Mumbai, India, the company operates within the coworking and office space sector. Customizable workspaces are provided for teams of varying sizes, including managed offices, enterprise coworking options, day passes, and virtual office services. Facility management, community benefits, and customer support are also handled across operations in India.
91Springboard has 42 investors. Key investors include European Union, FreakOut, Phoenix International, NITI Aayog, and Shinsei Bank.
The valuation of 91Springboard is $17.85M as of Oct 2021.