About AblePlus
AblePlus is a company based in Mumbai (India) founded in 2016 by Akash Goel was acquired by OYO in July 2018.. AblePlus operates in a competitive market with competitors including Fourth, Knowcross, ALICE, Quietyme and 1Check, among others.
- Headquarter Mumbai, India
- Founders Akash Goel
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Sectors
TechnologyTravel & Hospitality
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Phone
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Website
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Social
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- Legal Name Ableplus Solutions Private Limited
- Date of Incorporation 10 Jan, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Funding Insights of AblePlus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in AblePlus
AblePlus has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OYO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Online marketplace for booking accommodations is operated.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by AblePlus
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AblePlus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ableplus Comparisons
Competitors of AblePlus
AblePlus 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 Fourth, Knowcross, ALICE, Quietyme and 1Check, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based supply chain and HR solutions for hospitality are offered.
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Web-hosted hotel management software
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AI-based software for construction planning and scheduling is offered.
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| domain | founded_year | HQ Location |
Noise monitoring and reporting system
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Provider of web-based operations management solution for hotel & other accommodations
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Operations management software for hospitality housekeeping and maintenance is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AblePlus
When was AblePlus founded?
AblePlus was founded in 2016.
Where is AblePlus located?
AblePlus is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of AblePlus?
Akash Goel is the current CEO of AblePlus. They have also founded this company.
What is the annual revenue of AblePlus?
Annual revenue of AblePlus is $38.37K as on Mar 31, 2018.
What does AblePlus do?
AblePlus was founded in 2016 in Mumbai, India, with a focus on the hospitality sector. Internet of Things-enabled solutions are provided, incorporating components such as occupancy detection sensors, smart locks, and smart switches. A voice user interface software is offered to automate processes including food order acceptance and room service requests. Operations center on integrating these technologies for sector-specific applications.
Who are the top competitors of AblePlus?
Who are AblePlus's investors?
AblePlus has 1 investor. Key investors include OYO.
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