About Bandhoo
Bandhoo is a company based in Gurugram (India) founded in 2020 by Prashant Gupta and Sridhar Sundaram.. Bandhoo has raised $2.39 million across 2 funding rounds from investors including Venture Catalysts, 9Unicorns and Bharat Fund. The company has 34 employees as of April 04, 2024. Bandhoo operates in a competitive market with competitors including Awign, smartstaff, Vahan, Workex and Project Hero, among others.
- Headquarter Gurugram, India
- Employees 34 as on 04 Apr, 2024
- Founders Prashant Gupta, Sridhar Sundaram
- Stage Minicorn
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Sectors
Real Estate & ConstructionTechnology
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Phone
*********
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Website
*********
- Legal Name Bandhoo Solutions And Services Private Limited
- Date of Incorporation 17 Jan, 2020
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$556.07 K (USD)47.36as on Mar 31, 2024
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Net Profit
$-344.41 K (USD)48.06as on Mar 31, 2024
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EBITDA
$-280.76 K (USD)36.22as on Mar 31, 2024
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Total Equity Funding
$2.39 M (USD)
in 2 rounds
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Latest Funding Round
$886.47 K (USD), Seed
Feb 29, 2024
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Investors
Venture Catalysts
& 15 more
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Employee Count
34
as on Apr 04, 2024
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Funding Insights of Bandhoo
Bandhoo has successfully raised a total of $2.39M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $886.47 thousand completed in February 2024. 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 2
- Last Round Seed — $886,469
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First Round
First Round
(30 Jun 2021)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Bandhoo | Valuation | Venture Catalysts , 9Unicorns | |
| Jun, 2021 | Amount | Seed - Bandhoo | Valuation | Capria , Bharat Innovation Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Bandhoo
Bandhoo has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, 9Unicorns and Bharat Fund. 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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Venture capital firm investing in applied generative AI
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Founded Year | Domain | Location | |
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Funding for IP-driven deep-tech and digitization-led inclusive solutions.
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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 Bandhoo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Bandhoo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Bandhoo Comparisons
Competitors of Bandhoo
Bandhoo 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 Awign, smartstaff, Vahan, Workex and Project Hero, 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 |
On-demand internships are offered via a cloud-based platform across industries.
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| domain | founded_year | HQ Location |
Provider of workforce management platform for blue collar employee lifecycle management
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| domain | founded_year | HQ Location |
AI-powered recruitment and staffing for blue-collar workers are provided.
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| domain | founded_year | HQ Location |
Platform for recruitment, staff management, and payroll automation
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| domain | founded_year | HQ Location |
On-demand staffing for construction projects is facilitated online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Bandhoo
Frequently Asked Questions about Bandhoo
When was Bandhoo founded?
Bandhoo was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Bandhoo located?
Bandhoo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Bandhoo?
Prashant Gupta is the current CEO of Bandhoo. They have also founded this company.
Is Bandhoo a funded company?
Bandhoo is a funded company, having raised a total of $2.39M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jun 30, 2021.
How many employees does Bandhoo have?
As of Apr 04, 2024, the latest employee count at Bandhoo is 34.
What is the annual revenue of Bandhoo?
Annual revenue of Bandhoo is $556.07K as on Mar 31, 2024.
What does Bandhoo do?
Bandhoo was founded in 2020 in Gurugram, India, as an online platform in the construction sector. Contractors are enabled to post jobs, while workers apply through the website at bandhoo.com or a mobile app available on Android and iOS. Connections between contractors and professionals are facilitated digitally, supporting hiring processes across the region. Operations focus on streamlining recruitment for construction projects.
Who are the top competitors of Bandhoo?
Who are Bandhoo's investors?
Bandhoo has 16 investors. Key investors include Venture Catalysts, 9Unicorns, Bharat Fund, Srini Sriniwasan, and Amit Khera.
What is Bandhoo's valuation?
The valuation of Bandhoo is $3.23M as of Jun 2021.