About Blox
Blox is a company based in Mumbai (India) founded in 2020 by Shivani Karia and Aditya Jhaveri. Blox has raised $14 million across 2 funding rounds from investors including Kunal Shah and Justin Mateen. The company has 329 employees as of April 09, 2024. Blox has completed 2 acquisitions, including Justo and Plinthstone. Blox operates in a competitive market with competitors including Redfin, QuintoAndar, Square Yards, Compass and PropTiger, among others.
- Headquarter Mumbai, India
- Employees 329 as on 09 Apr, 2024
- Founders Shivani Karia, Aditya Jhaveri
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Sectors
Real Estate & Construction
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Method And Madness Technology Private Limited
- Date of Incorporation 20 Oct, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$727.84 K (USD)0as on Mar 31, 2022
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Net Profit
-$433.38 K (USD)-922.28as on Mar 31, 2022
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EBITDA
-$424.8 K (USD)-904.15as on Mar 31, 2022
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Total Equity Funding
$14 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Dec 01, 2022
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Investors
& 1 more
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Employee Count
329
as on Apr 09, 2024
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Investments & Acquisitions
Justo
& 1 more
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People of Blox
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Funding Insights of Blox
Blox has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in December 2022. 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.
Investors in Blox
Blox has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Kunal Shah and Justin Mateen.
| Investor | Description | Founded Year | Domain | Location |
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KS
Kunal Shah |
Founder of CRED, serial entrepreneur, and prominent Indian angel investor
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Locked | Locked | Locked |
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JM
Justin Mateen |
Co-founder of Tinder, active angel investor in Indian startups
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Locked | Locked | Locked |
Investor details for Blox
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Investments & Acquisitions by Blox
Blox has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Justo and Plinthstone.
Investment portfolio details for Blox
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital marketing, branding, and IT services are provided by Plinthstone.
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Locked | Locked | 2020 | Locked | |
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Real estate service organisation collaborating with developers across major markets
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Locked | Locked | 2019 | Locked |
Complete acquisition details for Blox
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Financial Statements - Blox
Detailed financials for Blox
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Blox Comparisons
Peer comparison for Blox
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Competitors of Blox
Blox 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 Redfin, QuintoAndar, Square Yards, Compass and PropTiger, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Residential properties are listed and brokered through an online platform.
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Rental properties are brokered online for seekers and owners.
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Technology platform for real estate transactions and mortgages is provided.
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Online brokerage for residential properties is facilitated via mobile apps.
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A platform for residential property buying is facilitated by PropTiger.
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App-based brokerage services for residential property sales are offered.
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Detailed competitors of Blox
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Latest news on Blox
Complete news archive for Blox
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Frequently Asked Questions about Blox
Blox was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Blox is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Aditya Jhaveri is the current CEO of Blox. They have also founded this company.
Blox is a funded company, having raised a total of $14M across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Blox is 329.
Annual revenue of Blox is $727.84K as on Mar 31, 2022.
Blox was founded in 2020 in Mumbai, India, within the real estate sector. A digital platform is operated to support residential property sales and associated services. Property discovery, virtual tours, and listings of new and upcoming projects are facilitated. Tools for filtering by property type and construction status are provided. Additional resources, including blog posts and an EMI calculator, are offered to users.
Blox's top competitors include Square Yards, QuintoAndar and Redfin.
Blox has made 2 acquisitions, including Justo, and Plinthstone.
Blox has 2 investors. Key investors include Kunal Shah, and Justin Mateen.