About Bhive Alts
Bhive Alts is a Technology company based in Bengaluru (India) founded in 2020 by Shesh Rao Paplikar and Monnappa Bayavanda. Alternative investment platform for commercial real estate investments. Bhive Alts has raised $218.69 thousand across 4 funding rounds from investors including Mumbai Angels, Gruhas and Blume Ventures. The company has 315 employees. Bhive Alts was last valued at $2.04 million in April 2022. Its chief executive, as recorded, is Shesh Rao Paplikar. Its website bhivealts.com draws about 12 thousand monthly visits. Its focus areas include FinTech, Investment Tech, Alternative Investment Platforms and Real Estate. Its competitors include hBits, PropCoin and WiseX; 2 of its 3 listed competitors have raised funding.
Company details
Bhive Alts was established in 2020 in Bengaluru, India, as a fintech platform focused on alternative investments. Access to commercial real estate is provided to retail investors, allowing portfolio diversification across various asset classes. Fractional ownership of properties is offered, with operations centered on facilitating investments in this sector from the Indian market.
- Headquarters Bengaluru, India
- Employees 315
- Founders Shesh Rao Paplikar, Monnappa Bayavanda
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website bhivealts.com
- Social LinkedIn X Facebook
- Annual Revenue$508.81 K (USD)156as on Mar 31, 2023
- Net Profit-$760.15 K (USD)-348as on Mar 31, 2023
- EBITDA-$751.41 K (USD)-349as on Mar 31, 2023
- Total Equity Funding$218.69K (USD)
in 4 rounds
- InvestorsMumbai Angels
& 9 more
- Employee Count315
Associated legal entities of Bhive Alts
Bhive Alts is associated with 4 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bhive Regulus Private Limited CIN U70109KA2021PTC155092 | Active | 01 Dec 2021 | Bangalore, Karnataka | 2 | View details | ||
| Bhive Coworking 27 Llp CIN AAX-4356 | Active | 16 Jun 2021 | Bangalore, Karnataka | 2 | View details | ||
| Venturelord Spacetech Private Limited CIN U72900KA2020PTC142205 | Active | 15 Dec 2020 | Bangalore, Karnataka | ₹3.3 Cr | 40 | 3 | View details |
| Tusker Workspace Private Limited CIN U74900KA2014PTC077803 | Active | 17 Dec 2014 | Bangalore, Karnataka | ₹255 Cr | 158 | 4 | View details |
Funding Insights of Bhive Alts
Bhive Alts has successfully raised a total of $218.69K across 4 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.
- Total Funding $218,687
- Total Rounds 4
- First Round $22,701
(Mar 2021)
- Investors Count 10
All 4 funding rounds of Bhive Alts with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | Seed | – | Mumbai Angels | – | |
| May 2022 | $13,068 | Angel Round | – | Nilesh Patel | |
| Apr 2022 | $182,917 | Seed | $2.04M | Gruhas | |
| Mar 2021 | $22,701 | Angel Round | – | Balakumaran Muthukrishnan |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $2.04M | •••••••• |
Last known valuation $2.04M (Apr 2022). 10 investors in total: 4 institutional and 6 angel.
Investors in Bhive Alts
Bhive Alts has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Mumbai Angels, Gruhas and Blume Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India | |
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
eCommerce and multiple sectors are invested in by Hoskoppal Ventures. | hoskoppalventures.tcc.mode | Bengaluru, India | ||
SV Sreeram Vanga | unknown_1be5b6dc7861450ca | |||
KA Kazi Arif Zaman | Angel investor and tech entrepreneur, focusing on early-stage Indian startups. | unknown_b0f94be39c3545e59 | ||
NP Nilesh Patel | Indian angel investor, tech entrepreneur, focused on early-stage startups | unknown_084bb0861c4f4f398 | ||
PS Prashant Singh | Co-founder of AppsForBharat, active angel investor in Indian startups | unknown_d8711c94b2ef4036a | ||
BM Balakumaran Muthukrishnan | unknown_b0962b5b699846d2b | |||
KK Kumar Kavi | unknown_d3b1f1b8e09f42218 |
Investor details for Bhive Alts
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Bhive Alts
The boards of the 4 registered companies of Bhive Alts currently have 4 directors; the longest-serving is Avanthi Rao Paplikar, appointed in 2020. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avanthi Rao Paplikar DIN 07001636 | Director | 15 Dec 2020 | 5 yrs 10 mo | Venturelord Spacetech Private Limited |
| Sheshagiri Rao Krishnakumar Paplikar DIN 06827454 | Designated Partner | 16 Jun 2021 | 5 yrs 4 mo | Bhive Coworking 27 Llp, Bhive Regulus Private Limited, Venturelord Spacetech Private Limited, Tusker Workspace Private Limited |
| Monnappa Muthappa Bayavanda DIN 07677019 | Designated Partner | 16 Jun 2021 | 5 yrs 4 mo | Bhive Coworking 27 Llp, Bhive Regulus Private Limited, Venturelord Spacetech Private Limited, Tusker Workspace Private Limited |
| Arun Narayan DIN 08218580 | Director | 02 Feb 2024 | 2 yrs 8 mo | Tusker Workspace Private Limited |
People of Bhive Alts
5 people are tracked at Bhive Alts (3 in leadership, 2 in team); the tracked headcount is 315.
| Name | Role | Group |
|---|---|---|
Shesh Rao Paplikar | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership | |
Rahul Basu | Vice President Of Sales | Leadership |
Pranav Prakash | Back End Developer | Team |
Srikanth R | Wordpress Developer | Team |
Complete people profiles for Bhive Alts
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Bhive Alts
Figures of Venturelord Spacetech Private Limited, the primary company behind Bhive Alts, for FY 2024. Revenue was ₹3.32 Cr (-19% year on year). Net loss was -₹6.80 Cr (-205% margin). EBITDA was -₹6.59 Cr (-198% margin).
- ₹3.32 CrRevenue · FY 2024 · -19% YoY
- -₹6.80 CrNet loss · -205% margin
- -₹6.59 CrEBITDA · -198% margin
- ₹1.4 LakhPaid-up capital
- 40Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Venturelord Spacetech Private Limited are on its company page.
Detailed financial statements for Bhive Alts
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Bhive Alts
4 dated milestones of Bhive Alts across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Bhive Alts is founded.
- Funding First funding round of $23K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Competitors of Bhive Alts
Bhive Alts has 3 listed competitors in our database, 2 of them funded. They include hBits, PropCoin and WiseX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hbits.co | 2018 | Mumbai, India | $8.38M | Fractional ownership of commercial real estate is enabled online. | ||
| propcoin.in | 2021 | Gurugram, India | $346,042 | Fractional real estate investments are facilitated for individual users. | ||
| aurumwisex.com | 2020 | Navi Mumbai, India | 29 | An alternative investments platform for commercial real estate opportunities. |
Detailed competitors of Bhive Alts
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Bhive Alts
The website of Bhive Alts (bhivealts.com) receives about 11.8K visits a month.
- Monthly visits11.8K
▲ 772.9% vs previous month
Websites whose visitors overlap most with Bhive Alts. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bhive.group | bhive.group | 100% | #1,600,026 | – |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Bhive Alts (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Bhive Alts
Complete news archive for Bhive Alts
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Frequently Asked Questions about Bhive Alts
Bhive Alts was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Bhive Alts is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shesh Rao Paplikar is the CEO of Bhive Alts, as recorded in our data. They have also founded this company.
Bhive Alts is a funded company, having raised a total of $218.69K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $22.7K, raised on Mar 2021.
Bhive Alts has 315 employees.
Annual revenue of Bhive Alts is $508.81K as on Mar 31, 2023.
Bhive Alts was established in 2020 in Bengaluru, India, as a fintech platform focused on alternative investments. Access to commercial real estate is provided to retail investors, allowing portfolio diversification across various asset classes. Fractional ownership of properties is offered, with operations centered on facilitating investments in this sector from the Indian market.
Bhive Alts has 10 investors. Key investors include Mumbai Angels, Gruhas, Blume Ventures, Hoskoppal Ventures, and Sreeram Vanga.
The valuation of Bhive Alts is $2.04M as of Apr 2022.
Bhive Alts is associated with 4 legal entities: Bhive Coworking 27 Llp, Bhive Regulus Private Limited, Venturelord Spacetech Private Limited and others.
The legal entities of Bhive Alts currently have 4 directors, including Sheshagiri Rao Krishnakumar Paplikar, Monnappa Muthappa Bayavanda, Avanthi Rao Paplikar and others.