AreaHop

Bengaluru, India Founded: 2015 • Age: 11 yrs
AreaHop is an online platform for discovering food restaurants, nightlife venues, salons, and healthcare services.

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 β‚Ή6.67 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.

Key Metrics
  • 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 Count
    1

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2019Grant––
Valuation history

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Support for startups in Karnataka is delivered through policies, funding, and networking services.
2004missionstartupkarnataka.orgBengaluru, India
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Investor details for AreaHop

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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.

DirectorDesignationAppointedTenureEntity
Vivek Shamsher Bahadur Singh
DIN 07590580
Director22 Dec 20169 yrs 10 moAreahop Labs Private Limited
Dinu Divakaran Nair
DIN 07684051
Director14 Sep 20197 yrs 1 moAreahop Labs Private Limited

People of AreaHop

1 people are tracked at AreaHop (1 in leadership); the tracked headcount is 1.

NameRoleGroup
FounderLeadership
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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.

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Detailed financial statements for AreaHop

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Timeline of AreaHop

2 dated milestones of AreaHop across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded AreaHop is founded.
  2. Funding First funding round.

Competitors of AreaHop

AreaHop has 3 listed competitors in our database. They include BookMySeat, StyCity and Salonkhoj.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bookmyseat.co2019Gurugram, India
An online marketplace for booking wellness and beauty services.
stycity.com2015Gurugram, India
An online platform for discovering and booking beauty and wellness services.
salonkhoj.com2016Jaipur, India
Operates an online platform for listing and discovering beauty salons.
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Detailed competitors of AreaHop

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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M2,111
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
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Related news about 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 β‚Ή6.67 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.

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