About AlmaConnect
AlmaConnect is a company based in Gurugram (India) founded in 2011 by Dhruv Sogani and Swapnil Khandelwal.. AlmaConnect has raised $1.66 million across 12 funding rounds from investors including 91Springboard, Venture Catalysts and 3one4 Capital. AlmaConnect offers products and services including Alumni Network Platform, Data Enrichment Service, and Event Management Tool. AlmaConnect operates in a competitive market with competitors including Gravyty, AlmaShines, Vaave, Alumnifire and Tassl, among others.
- Headquarter Gurugram, India
- Founders Dhruv Sogani, Swapnil Khandelwal
- Stage Minicorn
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Sectors
EducationMedia & Entertainment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Alma Connect Solutions Private Limited
- Date of Incorporation 28 Feb, 2012
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$125.8 K (USD)54.99as on Mar 31, 2021
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Net Profit
$-106.04 K (USD)56.15as on Mar 31, 2021
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EBITDA
$-72.56 K (USD)49.14as on Mar 31, 2021
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Total Equity Funding
$1.66 M (USD)
in 12 rounds
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Latest Funding Round
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Investors
91Springboard
& 30 more
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Employee Count
Employee Count
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Products & Services of AlmaConnect
AlmaConnect offers a comprehensive portfolio of products and services, including Alumni Network Platform, Data Enrichment Service, and Event Management Tool. 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.
Tool for managing alumni data and engagement activities.
Service for updating profiles and integrating social data.
Platform for organizing alumni events and career fairs.
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Funding Insights of AlmaConnect
AlmaConnect has successfully raised a total of $1.66M across 12 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 Funding
- Total Rounds 12
- Last Round Last Round
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First Round
First Round
(04 Feb 2013)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - AlmaConnect | Valuation | Mohandas Pai , Varun Aggarwal | |
| Dec, 2020 | Amount | Seed - AlmaConnect | Valuation | 100Unicorns | |
| May, 2019 | Amount | Seed - AlmaConnect | Valuation | Emergent Ventures India |
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| 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 |
Investors in AlmaConnect
AlmaConnect has secured backing from 31 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include 91Springboard, Venture Catalysts and 3one4 Capital. 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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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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A startup accelerator offering funding and support to early-stage companies.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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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 AlmaConnect
| 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 - AlmaConnect
| 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 |
Almaconnect Comparisons
Competitors of AlmaConnect
AlmaConnect 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 Gravyty, AlmaShines, Vaave, Alumnifire and Tassl, 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 |
Donor analytics platform is utilized for non-profit donor retention.
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| domain | founded_year | HQ Location |
Alumni relation management software
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| domain | founded_year | HQ Location |
Alumni networks are facilitated through a SaaS platform.
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| domain | founded_year | HQ Location |
Alumni networking is enabled for universities and groups.
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| domain | founded_year | HQ Location |
Mobile tools are used by universities to engage alumni networks.
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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 AlmaConnect
When was AlmaConnect founded?
AlmaConnect was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is AlmaConnect located?
AlmaConnect is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of AlmaConnect?
Swapnil Khandelwal is the current CEO of AlmaConnect. They have also founded this company.
Is AlmaConnect a funded company?
AlmaConnect is a funded company, having raised a total of $1.66M across 12 funding rounds to date. The company's 1st funding round was a Seed of $212.62K, raised on Feb 04, 2013.
What is the annual revenue of AlmaConnect?
Annual revenue of AlmaConnect is $125.8K as on Mar 31, 2021.
What does AlmaConnect do?
AlmaConnect was founded in 2011 in Gurugram, India, as a web-based platform in the alumni networking sector. Alumni and institutes are connected through customizable online networks. Operations include features for organizing reunion events, posting job opportunities, seeking mentorship from experts, arranging accommodation, and addressing other community queries. The platform enables alumni to join and manage these networks independently.
Who are the top competitors of AlmaConnect?
AlmaConnect's top competitors include Gravyty, AlmaShines and Vaave.
What products or services does AlmaConnect offer?
AlmaConnect offers Alumni Network Platform, Data Enrichment Service, and Event Management Tool.
Who are AlmaConnect's investors?
AlmaConnect has 31 investors. Key investors include 91Springboard, Venture Catalysts, 3one4 Capital, Emergent Ventures India, and 100Unicorns.
What is AlmaConnect's valuation?
The valuation of AlmaConnect is $4.7M as of May 2019.
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