About Banquet
Banquet is a company based in San Francisco (United States) founded in 2015 was acquired by Vinous in December 2016. It operates as a Two-Sided Marketplace. Banquet offers products and services including Personalized Ecommerce Platform. Banquet operates in a competitive market with competitors including Drizly, Bright Cellars, Winc, Minibar Delivery and Invino, among others.
- Headquarter San Francisco, United States
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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- Legal Name Vinous Group Llc
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Products & Services of Banquet
Banquet offers a comprehensive portfolio of products and services, including Personalized Ecommerce Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for selling wine, beer, and spirits online.
Funding Insights of Banquet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Banquet
Banquet has secured backing from 1 investor. Prominent investors backing the company include Vinous. 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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Online magazine for wine enthusiasts featuring reviews and articles.
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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 Banquet
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 - Banquet
| 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 |
Banquet Comparisons
Competitors of Banquet
Banquet 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 Drizly, Bright Cellars, Winc, Minibar Delivery and Invino, 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 |
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| domain | founded_year | HQ Location |
On-demand alcohol delivery is enabled via a mobile application.
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| domain | founded_year | HQ Location |
Wine subscriptions are offered online with personalized recommendations.
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| domain | founded_year | HQ Location |
Wine delivery services are provided via an online platform.
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| domain | founded_year | HQ Location |
Mobile-first On-Demand Alcohol Delivery
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| domain | founded_year | HQ Location |
Curated wines are sold at discounts through private membership access.
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| domain | founded_year | HQ Location |
Wines are curated and delivered via a personalized subscription service.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Banquet
When was Banquet founded?
Banquet was founded in 2015.
Where is Banquet located?
Banquet is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
What does Banquet do?
A personalized ecommerce platform is provided by Banquet for the sale of wine, beer, and spirits. Sellers are enabled to list their products, while buyers can browse and purchase from a curated selection. The platform focuses on specialty alcohol retail, connecting producers and consumers in a dedicated marketplace. Operations are supported through a user-friendly interface and secure transactions.
Who are the top competitors of Banquet?
Banquet's top competitors include Drizly, WineAccess and Winc.
What products or services does Banquet offer?
Banquet offers Personalized Ecommerce Platform.
Who are Banquet's investors?
Banquet has 1 investor. Key investors include Vinous.