About ace turtle
ace turtle is a company based in Bengaluru (India) founded in 2014 by Brinder Pal Singh and Nitin Chhabra. ace turtle has raised $48.28 million across 8 funding rounds from investors including CapitaLand, Vertex Ventures SG and InnoVen Capital. The company has 176 employees as of May 31, 2025. ace turtle operates in a competitive market with competitors including PredictSpring, NewStore, Arzooo, ZopSmart and STORES, among others.
- Headquarter Bengaluru, India
- Employees 176 as on 31 May, 2025
- Founders Brinder Pal Singh, Nitin Chhabra
- Stage Minicorn
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Sectors
RetailTechnology
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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
$1.07 M (USD)-1as on Mar 31, 2017
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Net Profit
-$186.9 (USD)53as on Mar 31, 2023
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EBITDA
-$186.9 (USD)53as on Mar 31, 2023
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Total Equity Funding
$48.28 M (USD)
in 8 rounds
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Latest Funding Round
$5 M (USD), Series B
Dec 17, 2025
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Investors
CapitaLand
& 14 more
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Employee Count
176
as on May 31, 2025
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Funding Insights of ace turtle
ace turtle has successfully raised a total of $48.28M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in December 2025. 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 8
- Last Round Series B — $5.0M
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First Round
First Round
(30 Mar 2014)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series B - ace turtle | Valuation | Vertex Holdings |
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| May, 2023 | Amount | Series B - ace turtle | Valuation | Farglory Group , Tuscan Ventures | |
| Jan, 2022 | Amount | Debt – Venture - ace turtle | Valuation |
investors |
Investors in ace turtle
ace turtle has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include CapitaLand, Vertex Ventures SG and InnoVen Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-stage tech and offline focused venture capital firm investing primarily in India
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Founded Year | Domain | Location | |
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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location | |
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Venture debt financing is extended to companies across multiple sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by ace turtle
Financial Statements - ace turtle
Ace Turtle Comparisons
Competitors of ace turtle
ace turtle 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 PredictSpring, NewStore, Arzooo, ZopSmart and STORES, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile commerce platforms are provided for offline retail businesses.
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| domain | founded_year | HQ Location |
Omnichannel platform is provided for retail fulfillment and customer engagement.
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| domain | founded_year | HQ Location |
Technology platform for retail management and electronics trading is provided.
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| domain | founded_year | HQ Location |
Omni-channel solutions are provided for offline businesses.
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| domain | founded_year | HQ Location |
Omnichannel software solutions are provided for in-store retail operations.
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| domain | founded_year | HQ Location |
Omnichannel branding solutions are delivered for retail stores.
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Frequently Asked Questions about ace turtle
ace turtle was founded in 2014.
ace turtle is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Nitin Chhabra is the current CEO of ace turtle. They have also founded this company.
ace turtle is a funded company, having raised a total of $48.28M across 8 funding rounds to date.
As of May 31, 2025, the latest employee count at ace turtle is 176.
Annual revenue of ace turtle is $1.07M as on Mar 31, 2017.
Platform offering omnichannel commerce technology. It manages and scales the business of these brands using a vertical commerce business model and deep omnichannel commerce technology expertise. This includes end-to-end design, local sourcing, and retailing for the brands in the target market. The companys technology platforms help brands achieve high growth and seamless customer experiences.
ace turtle's top competitors include PredictSpring, NewStore and Arzooo.
ace turtle has 15 investors. Key investors include CapitaLand, Vertex Ventures SG, InnoVen Capital, FarGlory.ae, and Tuscan Ventures.
The valuation of ace turtle is $7.41M as of Jul 2014.