About Ajjas
Ajjas is a company based in Mumbai (India) founded in 2016. It operates as a SaaS (Software-as-a-Service), and B2B2C. The company has 51 employees as of March 29, 2024. Ajjas offers products and services including Ajjas Pro, Ajjas Lite, and Ajjas Go. Ajjas operates in a competitive market with competitors including Calimoto, Monimoto, Digades, Liberty Rider and UpMap, among others.
- Headquarter Mumbai, India
- Employees 51 as on 29 Mar, 2024
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hps Lab Designs Private Limited
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$504.69 K (USD)143.95as on Mar 31, 2023
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Net Profit
$-169.84 K (USD)-18.17as on Mar 31, 2023
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EBITDA
$-138.67 K (USD)-10.71as on Mar 31, 2023
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Latest Funding Round
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Investors
HPCL
& 2 more
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Employee Count
51
as on Mar 29, 2024
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Products & Services of Ajjas
Ajjas offers a comprehensive portfolio of products and services, including Ajjas Pro, Ajjas Lite, and Ajjas Go. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
IoT device for real-time vehicle tracking and analytics.
Lightweight IoT solution for basic vehicle tracking needs.
Portable IoT device for flexible vehicle monitoring options.
Funding Insights of Ajjas
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Seed - Ajjas | Valuation |
investors |
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| Sep, 2019 | Amount | Seed - Ajjas | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Ajjas
Ajjas has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include HPCL, Pravin Gandhi and Nirmal Bhogilal. 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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Provider of petroleum and natural gas services
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Founded Year | Domain | Location | |
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PG
Pravin Gandhi |
Veteran angel investor, co-founder of Seedfund, focused on early-stage Indian startups
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Founded Year | Domain | Location |
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NB
Nirmal Bhogilal |
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ajjas
| 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 - Ajjas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Ajjas Comparisons
Competitors of Ajjas
Ajjas 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 Calimoto, Monimoto, Digades, Liberty Rider and UpMap, 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 |
Multifunctional connected app for motorcyclists
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| domain | founded_year | HQ Location |
Motorcycle smart alarms are developed by Monimoto for security.
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| domain | founded_year | HQ Location |
Automotive electronics and building technologies are developed and supplied.
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| domain | founded_year | HQ Location |
Mobile app for motorcyclists with GPS navigation, safety alerts, and route planning.
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| domain | founded_year | HQ Location |
App and devices for tuning motorcycle engines and tracking performance.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Ajjas
When was Ajjas founded?
Ajjas was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Ajjas located?
Ajjas is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Ajjas have?
As of Mar 29, 2024, the latest employee count at Ajjas is 51.
What is the annual revenue of Ajjas?
Annual revenue of Ajjas is $504.69K as on Mar 31, 2023.
What does Ajjas do?
Ajjas is engaged in delivering IoT GPS solutions tailored for businesses across logistics, fleet management, rental services, finance, OEMs, and last-mile delivery. Real-time tracking, advanced EV analytics, geo-fencing, and remote immobilization are offered to enhance security and operational efficiency. Data-driven decisions are supported for enterprises of varying sizes. Solutions are customized to meet industry-specific needs, ensuring seamless integration with brand-agnostic devices. Sectors such as EV finance and vehicle rentals are served with specialized features like predictive maintenance and usage analytics.
Who are the top competitors of Ajjas?
What products or services does Ajjas offer?
Ajjas offers Ajjas Pro, Ajjas Lite, and Ajjas Go.
Who are Ajjas's investors?
Ajjas has 3 investors. Key investors include HPCL, Pravin Gandhi, and Nirmal Bhogilal.