
About AreaHop
AreaHop was a Business Services company based in Bengaluru (India) founded in 2015 by Vivek Singh. AreaHop is an online platform for discovering food restaurants, nightlife venues, salons, and healthcare services. It operates on a B2C model. The company has 1 employees. Its Indian entity Areahop Labs Private Limited reported revenue of βΉ6.67 Cr. The company is recorded as dissolved. Its focus areas include Technology, Internet Services, Discovery Platforms and Local Services. Its competitors include BookMySeat, StyCity and Salonkhoj.
Company details
AreaHop areahop is an online platform for discovering food restaurants, nightlife venues, salons, and healthcare services through leveraging cutting-edge technology, internet services, operating discovery platforms, and local services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Bengaluru, India
- Employees 1
- Founders Vivek Singh
- SectorsBusiness Services
- Website areahop.com
- Social X Facebook
- Legal Name Areahop Labs Private Limited
- Date of Incorporation 22 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹6.67 Cr
FY 2024 · +149% YoY
- Net Loss-₹39 Lakh
FY 2024 · -6% margin
- EBITDA-₹38.9 Lakh
FY 2024 · -6% margin
- Investors
- Employee Count1
Associated legal entities of AreaHop
AreaHop operates through Areahop Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Areahop Labs Private Limited CIN U74999KA2016PTC098685 | Active | 22 Dec 2016 | Bangalore, Karnataka | ₹6.7 Cr | 2 | View details |
Funding Insights of AreaHop
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of AreaHop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | Grant | β | β |
1 investors in total: 1 institutional.
Investors in AreaHop
AreaHop has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Startup Karnataka.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India |
Investor details for AreaHop
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Areahop Labs Private Limited (AreaHop)
Areahop Labs Private Limited is the primary company behind AreaHop. The board of Areahop Labs Private Limited currently have 2 directors; the longest-serving is Vivek Shamsher Bahadur Singh, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vivek Shamsher Bahadur Singh DIN 07590580 | Director | 22 Dec 2016 | 9 yrs 10 mo | Areahop Labs Private Limited |
| Dinu Divakaran Nair DIN 07684051 | Director | 14 Sep 2019 | 7 yrs 1 mo | Areahop Labs Private Limited |
People of AreaHop
1 people are tracked at AreaHop (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for AreaHop
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of AreaHop
Figures of Areahop Labs Private Limited, the primary company behind AreaHop, for FY 2024. Revenue was ₹6.67 Cr (+149% year on year). Net loss was -₹39 Lakh (-6% margin). EBITDA was -₹38.9 Lakh (-6% margin). Revenue has grown at a compounded annual rate of +144% over five years.
- ₹6.67 CrRevenue · FY 2024 · +149% YoY
- -₹39 LakhNet loss · -6% margin
- -₹38.9 LakhEBITDA · -6% margin
- ₹10,000Paid-up capital
- +144%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Areahop Labs Private Limited are on its company page.
Detailed financial statements for AreaHop
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of AreaHop
2 dated milestones of AreaHop across 4 years, from founding to its latest funding, stage changes and deals.
- Founded AreaHop is founded.
- Funding First funding round.
Competitors of AreaHop
AreaHop has 3 listed competitors in our database. They include BookMySeat, StyCity and Salonkhoj.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bookmyseat.co | 2019 | Gurugram, India | An online marketplace for booking wellness and beauty services. | |||
| stycity.com | 2015 | Gurugram, India | An online platform for discovering and booking beauty and wellness services. | |||
| salonkhoj.com | 2016 | Jaipur, India | Operates an online platform for listing and discovering beauty salons. |
Detailed competitors of AreaHop
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Local & Community Services
3 companies that operate in the same segment as AreaHop (Local & Community Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 |
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Related news about Areahop
Complete news archive for AreaHop
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Frequently Asked Questions about AreaHop
AreaHop was founded in 2015 and raised its 1st funding round 4 years after it was founded.
AreaHop is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
AreaHop has 1 employees.
The primary company behind AreaHop, Areahop Labs Private Limited, reported revenue of βΉ6.67 Cr for FY 2024, up 149% year on year.
AreaHop areahop is an online platform for discovering food restaurants, nightlife venues, salons, and healthcare services through leveraging cutting-edge technology, internet services, operating discovery platforms, and local services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
AreaHop's top competitors include StyCity, BookMySeat and Salonkhoj.
AreaHop has 1 investor. Key investors include Startup Karnataka.
AreaHop operates through Areahop Labs Private Limited.
The legal entities of AreaHop currently have 2 directors, including Dinu Divakaran Nair, Vivek Shamsher Bahadur Singh.
