Avenue Growth

Gurugram, India Founded: 2017 • Age: 9 yrs
On-demand contract sales workforce is recruited via an online marketplace.
Annual revenue - Latest available
Total funding $549,999 5 rounds
Employees - Tracked headcount
Investors 37 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Avenue Growth

Avenue Growth is a company based in Gurugram (India) founded in 2017 by Rachit Mathur. Avenue Growth has raised $550 thousand across 5 funding rounds from investors including India Accelerator, Brand Capital GSV and Ministry of Electronics & Information Technology. Avenue Growth operates in a competitive market with competitors including PickMyWork, Toptal, FlexiBees, Workfinder and Propel, among others.

  • Headquarter Gurugram, India
  • Founders Rachit Mathur
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $550 K (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Funding Insights of Avenue Growth

Avenue Growth has successfully raised a total of $550K across 5 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.

Investors in Avenue Growth

Avenue Growth has secured backing from 37 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include India Accelerator, Brand Capital GSV and Ministry of Electronics & Information Technology.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
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Early-stage tech startups are funded by Iaes Ventures venture capital.
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Multiple sectors are invested in by this single family office.
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Investor details for Avenue Growth

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Investments & Acquisitions by Avenue Growth

Investments
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Investment portfolio details for Avenue Growth

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  • Transaction dates
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Financial Statements - Avenue Growth

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Detailed financials for Avenue Growth

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  • Profit trends
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Avenue Growth Comparisons

Avenue Growth Primary company
Description
On-demand contract sales workforce is recruited via an onlin...
Location
Gurugram, India
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Avenue Growth

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Competitors of Avenue Growth

Avenue Growth 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 PickMyWork, Toptal, FlexiBees, Workfinder and Propel, among others.

Company Name Domain Founded year HQ Location Description
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Gig employee hiring platform
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Talent marketplace that connects companies with freelance professionals
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Vetted marketplace for flexible work among women professionals is operated.
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Provider of recruitment solutions for multiple industries
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Cryptocurrency and metaverse infrastructure is delivered as a service.
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Detailed competitors of Avenue Growth

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Latest news on Avenue Growth

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Complete news archive for Avenue Growth

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Frequently Asked Questions about Avenue Growth

Avenue Growth was founded in 2017.

Avenue Growth is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Rachit Mathur is the current CEO of Avenue Growth. They have also founded this company.

Avenue Growth is a funded company, having raised a total of $550K across 5 funding rounds to date.

Avenue Growth was founded in 2017 in Gurugram, India, as an online platform focused on the sales sector. Contract workforce recruitment is facilitated through a marketplace where sales professionals can build profiles and complete tasks for interview screening. Payroll management and hiring processes are handled digitally, connecting employers with temporary talent in the sales field.

Avenue Growth's top competitors include Toptal, PickMyWork and Workfinder.

Avenue Growth has 37 investors. Key investors include India Accelerator, Brand Capital GSV, Ministry of Electronics & Information Technology, Iaes Ventures, and Growth Opportunities Fund.

The valuation of Avenue Growth is $2.59M as of Feb 2019.

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