About Bikayi
Bikayi is a company based in Hyderabad (India) founded in 2018 by Ashutosh Singla and Sonakshi Nathani.. Bikayi has raised $12.8 million across 2 funding rounds from investors including Peak XV Partners, Y Combinator and Pioneer Fund. The company has 53 employees as of April 06, 2024. Bikayi offers products and services including E-commerce Platform, Digital Marketing Services, and Payment Integration. Bikayi operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
- Headquarter Hyderabad, India
- Employees 53 as on 06 Apr, 2024
- Founders Ashutosh Singla, Sonakshi Nathani
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Sectors
RetailTechnology
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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 Comida Technologies Pvt. Ltd.
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$861.3 K (USD)243.65as on Mar 31, 2022
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Net Profit
$-2.22 M (USD)-17812.31as on Mar 31, 2022
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EBITDA
$-2.03 M (USD)-6537.77as on Mar 31, 2022
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Total Equity Funding
$12.8 M (USD)
in 2 rounds
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Latest Funding Round
$10.8 M (USD), Series A
Sep 03, 2021
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Investors
Peak XV Partners
& 5 more
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Employee Count
53
as on Apr 06, 2024
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Products & Services of Bikayi
Bikayi offers a comprehensive portfolio of products and services, including E-commerce Platform, Digital Marketing Services, and Payment Integration. 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.
Tool for building and managing online stores with customization
Services for SEO and social media to boost customer engagement
Secure payment gateways for UPI and cards to facilitate transactions
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Funding Insights of Bikayi
Bikayi has successfully raised a total of $12.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.8 million completed in September 2021. 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 Series A — $10.8M
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First Round
First Round
(31 Aug 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Bikayi | Valuation | Peak XV Partners |
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| Aug, 2020 | Amount | Seed - Bikayi | Valuation | Y Combinator , Pioneer 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 Bikayi
Bikayi has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Peak XV Partners, Y Combinator and Pioneer 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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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Investments in multiple sectors are made by Pioneer Fund.
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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 Bikayi
| 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 - Bikayi
| 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 |
Bikayi Comparisons
Competitors of Bikayi
Bikayi 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 Shopify, Squarespace, Weebly, Webs and Nuvemshop, 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 |
E-commerce storefront solutions are provided for online businesses.
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce store creation and management are provided.
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| domain | founded_year | HQ Location |
Fourthwall is utilized by creators to build shops and memberships.
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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 Bikayi
Frequently Asked Questions about Bikayi
When was Bikayi founded?
Bikayi was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Bikayi located?
Bikayi is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Bikayi?
Sonakshi Nathani is the current CEO of Bikayi. They have also founded this company.
Is Bikayi a funded company?
Bikayi is a funded company, having raised a total of $12.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Aug 31, 2020.
How many employees does Bikayi have?
As of Apr 06, 2024, the latest employee count at Bikayi is 53.
What is the annual revenue of Bikayi?
Annual revenue of Bikayi is $861.3K as on Mar 31, 2022.
What does Bikayi do?
Bikayi was established in 2018 in Hyderabad, India, as an e-commerce platform tailored for social businesses. Features such as payment gateways, visitor analytics, discounts, promotions, customer support, theme builders, and inventory management are included. Product catalogs, images, videos, and live chats for discussions are enabled for customer sharing. Operations suit sectors including grocery, fashion, B2B, electronics, hardware, and food.
Who are the top competitors of Bikayi?
Bikayi's top competitors include Shopify, Squarespace and Weebly.
What products or services does Bikayi offer?
Bikayi offers E-commerce Platform, Digital Marketing Services, and Payment Integration.
Who are Bikayi's investors?
Bikayi has 6 investors. Key investors include Peak XV Partners, Y Combinator, Pioneer Fund, Ankur Nagpal, and Mantis VC.
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