Bandhu

Ahmedabad, India Founded: 2019 • Age: 7 yrs
Digital marketplace platform to connect migrant workers with employers

About Bandhu

Bandhu is a Technology company based in Ahmedabad (India) founded in 2019 by Rushil Palavajjhala and Jacob Kohn. Digital marketplace platform to connect migrant workers with employers. Its chief executive, as recorded, is Rushil Palavajjhala. Its Indian entity Bandhu Urban Technologies India Private Limited reported revenue of β‚Ή15 Lakh. Bandhu offers products and services including Housing Platform, Credit Scoring Tool, and Chat Interface. Its focus areas include Enterprise Applications, HRTech, Job Board and Blue Collar. Its competitors include WorkIndia and Skillbee; 2 of its 2 listed competitors have raised funding.

Company details

Bandhu was founded in 2019 in Ahmedabad, India, as a technology platform in the labor migration sector. Migrant workers, employers, landlords, and middlemen are linked through its digital marketplace. Big data and AI are utilized to deliver intelligence for migration-related decisions. Operations focus on facilitating connections and providing data-driven insights across India.

Key Metrics
  • Annual Revenue
    ₹15 Lakh

    FY 2024 · -41% YoY

  • Net Loss
    -₹1.4 Lakh

    FY 2024 · -9% margin

  • EBITDA
    -₹1.4 Lakh

    FY 2024 · -9% margin

  • Investors

Products & Services of Bandhu

Bandhu offers a comprehensive portfolio of products and services, including Housing Platform, Credit Scoring Tool, and Chat Interface.

Housing Platform
Tech Platform

AI-driven platform for finding and listing affordable rentals

Credit Scoring Tool
Financial Tool

System enabling loan provisions for low-income workers

Chat Interface
AI Service

Conversational AI for housing queries and support

Apps and channels of Bandhu

Bandhu publishes 1 mobile app with over 1K+ downloads.

Bandhu Housing
Google Play Business Everyone Free 1K+ downloads
Developer: Bandhu Urban-Tech
View on Google Play

Funding Insights of Bandhu

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Bandhu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024Seed––
Valuation history

1 investors in total: 1 institutional.

Investors in Bandhu

Bandhu has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Village Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Entrepreneurship support, ecosystem strengthening, and impact investing services are offered by Village Capital.
vilcap.com
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Investor details for Bandhu

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Bandhu Urban Technologies India Private Limited (Bandhu)

Bandhu Urban Technologies India Private Limited is the primary company behind Bandhu. The board of Bandhu Urban Technologies India Private Limited currently have 2 directors; the longest-serving is Viral Prakash Shah, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Viral Prakash Shah
DIN 07949254
Director09 Jan 20206 yrs 9 moBandhu Urban Technologies India Private Limited
Ruchira Palavajjhala
DIN 08664292
Director09 Jan 20206 yrs 9 moBandhu Urban Technologies India Private Limited

People of Bandhu

2 people are tracked at Bandhu (2 in leadership).

NameRoleGroup
Rushil Palavajjhala
Co-Founder & CEOLeadership
Jacob Kohn
Co-FounderLeadership
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Complete people profiles for Bandhu

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Bandhu

Figures of Bandhu Urban Technologies India Private Limited, the primary company behind Bandhu, for FY 2024. Revenue was ₹15 Lakh (-41% year on year). Net loss was -₹1.4 Lakh (-9% margin). EBITDA was -₹1.4 Lakh (-9% margin). Revenue has grown at a compounded annual rate of -11% over three years.

  • ₹15 LakhRevenue · FY 2024 · -41% YoY
  • -₹1.4 LakhNet loss · -9% margin
  • -₹1.4 LakhEBITDA · -9% margin
  • ₹24.8 LakhPaid-up capital
  • -11%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Bandhu Urban Technologies India Private Limited are on its company page.

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Detailed financial statements for Bandhu

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Bandhu

2 dated milestones of Bandhu across 5 years, from founding to its latest funding, stage changes and deals.

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

Competitors of Bandhu

Bandhu has 2 listed competitors in our database, 2 of them funded. They include WorkIndia and Skillbee.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
workindia.in2015Bengaluru, India$34.78M910
Recruitment platform that connects job seekers with employment opportunities
skillbee.com2020Delhi, India$3.56M37
Job seekers are connected with employers via a focused platform.
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Detailed competitors of Bandhu

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Bandhu

The website of Bandhu (bandhu.work) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 19.7% vs previous month

Similar websites

Websites whose visitors overlap most with Bandhu. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bandhoo.com
100%
5.4K#2,133,423View details
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Frequently Asked Questions about Bandhu

Bandhu was founded in 2019 and raised its 1st funding round 5 years after it was founded.

Bandhu is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Rushil Palavajjhala is the CEO of Bandhu, as recorded in our data. They have also founded this company.

The primary company behind Bandhu, Bandhu Urban Technologies India Private Limited, reported revenue of β‚Ή15 Lakh for FY 2024, down 41% year on year.

Bandhu was founded in 2019 in Ahmedabad, India, as a technology platform in the labor migration sector. Migrant workers, employers, landlords, and middlemen are linked through its digital marketplace. Big data and AI are utilized to deliver intelligence for migration-related decisions. Operations focus on facilitating connections and providing data-driven insights across India.

Bandhu's top competitors include WorkIndia and Skillbee.

Bandhu offers Housing Platform, Credit Scoring Tool, and Chat Interface.

Bandhu has 1 investor. Key investors include Village Capital.

Bandhu operates through Bandhu Urban Technologies India Private Limited.

The legal entities of Bandhu currently have 2 directors, including Viral Prakash Shah, Ruchira Palavajjhala.

Yes. Bandhu publishes Bandhu Housing, with over 1,000 downloads.

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