Altitude

Mumbai, India Founded: 2021 • Age: 5 yrs
Fixed income alternative investment platform for individuals
Annual revenue - Latest available
Total funding $582,406 3 rounds
Employees 1 Tracked headcount
Investors 18 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Altitude

Altitude is a company based in Mumbai (India) founded in 2021 by Krishna Maggo. Altitude has raised $582.41 thousand across 3 funding rounds from investors including Swiggy, Robinhood and Yes Bank. The company has 1 employees as of April 04, 2024. Altitude operates in a competitive market with competitors including Tap Invest, Fixerra, Bondbazaar, Aspero and BharatFD, among others.

  • Headquarter Mumbai, India
  • Employees 1 as on 04 Apr, 2024
  • Founders Krishna Maggo
  • Sectors
    Technology
  • Email
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  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Auctic Solutions Private Limited
  • Date of Incorporation 21 Sep, 2021
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $582.41 K (USD)

    in 3 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    Oct 04, 2023

  • Investors
    Swiggy

    & 17 more

  • Employee Count
    1

    as on Apr 04, 2024

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Funding Insights of Altitude

Altitude has successfully raised a total of $582.41K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in October 2023. 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.

Investors in Altitude

Altitude has secured backing from 18 investors, including institutional and angel investors. Prominent investors backing the company include Swiggy, Robinhood and Yes Bank.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Food and grocery items are ordered via an online network.
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Online restaurant table reservations are facilitated in Indian cities.
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Commercial banking services are offered to individuals and businesses.
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Investor details for Altitude

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Altitude

Investments
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Investment portfolio details for Altitude

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Altitude

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Detailed financials for Altitude

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  • Profit trends
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Altitude Comparisons

Altitude Primary company
Description
Fixed income alternative investment platform for individuals
Location
Mumbai, India
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Altitude

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Altitude

Altitude 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 Tap Invest, Fixerra, Bondbazaar, Aspero and BharatFD, among others.

Company Name Domain Founded year HQ Location Description
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Provides fixed income investments and exclusive services for affluent investors.
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Fixed deposit marketplace for banks
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Operates a digital hub for trading bonds and delivering essential financial services.
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Provides online platform for bond investments and steady returns up to 14 percent.
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Platform for comparing and booking fixed deposits with high interest rates online.
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Detailed competitors of Altitude

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Latest news on Altitude

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Complete news archive for Altitude

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Frequently Asked Questions about Altitude

Altitude was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Altitude is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Krishna Maggo is the current CEO of Altitude. They have also founded this company.

Altitude is a funded company, having raised a total of $582.41K across 3 funding rounds to date.

As of Apr 04, 2024, the latest employee count at Altitude is 1.

Altitude was founded in 2021 in Mumbai, India, as a platform for fixed income alternative investments targeted at individuals. Investments are diversified across asset classes including real estate, private credit, litigation finance, inventory and revenue-based finance, structured notes, and private equity. Early liquidity options are incorporated alongside income generation from traditional assets. Operations are managed from India to facilitate access for individual investors.

Altitude's top competitors include Fixerra, SMEST and Bondbazaar.

Altitude has 18 investors. Key investors include Swiggy, Robinhood, Yes Bank, The Good Glamm Group, and Wipro.

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