Aeldra

Palo Alto, United States Founded: 2019 • Age: 7 yrs
Operates as a digital bank for individuals, investors, and businesses.
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About Aeldra

Aeldra is a company based in Palo Alto (United States) founded in 2019 by Sukeert Shanker, Venkat Gopalakrishnan, and Anil Kumar NS. It operates as a B2C. Aeldra has raised $3 million across 2 funding rounds from investors including Greg Kidd and Lorentzen Investments. Aeldra operates in a competitive market with competitors including Nomad, Adro, Emigre, CAURI Money and TellerOne, among others.

  • Headquarter Palo Alto, United States
  • Founders Sukeert Shanker, Venkat Gopalakrishnan, Anil Kumar NS
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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People of Aeldra
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Sukeert Shanker
CEO
People
Anil Kumar
Managing Director, India
People
Venkat Gopalakrishna
COO

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Funding Insights of Aeldra

Aeldra has successfully raised a total of $3M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (04 Mar 2021)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Series C - Aeldra Valuation

investors

Mar, 2021 Amount Series C - Aeldra Valuation Lorentzen Investments
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aeldra

Aeldra has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Greg Kidd and Lorentzen Investments. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Private equity firm investing in lower mid-market companies
Founded Year Domain Location

Greg Kidd

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aeldra

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aeldra

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aeldra Comparisons

Employees
+
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Competitors of Aeldra

Aeldra 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 Nomad, Adro, Emigre, CAURI Money and TellerOne, 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
domain founded_year HQ Location
Digital banking services for individuals are offered by Nomad.
domain founded_year HQ Location
Financial services are offered to international clients in the US.
domain founded_year HQ Location
Provides platform for NRIs in US to open accounts, send remittances, and invest in India.
domain founded_year HQ Location
Developer of a digital bank for ex-pats
domain founded_year HQ Location
Online banking services are delivered via a digital platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aeldra

Frequently Asked Questions about Aeldra

When was Aeldra founded?

Aeldra was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Aeldra located?

Aeldra is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Who is the current CEO of Aeldra?

Sukeert Shanker is the current CEO of Aeldra. They have also founded this company.

Is Aeldra a funded company?

Aeldra is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Series C of $3M, raised on Mar 04, 2021.

What does Aeldra do?

Aeldra operates as a digital bank for individuals, investors, and businesses, focusing on finance, banking, digital banking, and online financial services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Aeldra?

Aeldra's top competitors include Nomad, Adro and CAURI Money.

Who are Aeldra's investors?

Aeldra has 2 investors. Key investors include Greg Kidd, and Lorentzen Investments.

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