About Blubirch
Blubirch is a company based in Bengaluru (India) founded in 2015 by Jeby Cherian and Sapan Kumar Jain.. Blubirch has raised $12.63 million across 9 funding rounds from investors including Cornerstone Venture Partners Fund, SVS Trust and Capital 2B. The company has 200 employees as of April 06, 2024. Blubirch operates in a competitive market with competitors including NuvoEx, Bizlog, Reverse Logistics and OPTIMIZ, among others.
- Headquarter Bengaluru, India
- Employees 200 as on 06 Apr, 2024
- Founders Jeby Cherian, Sapan Kumar Jain
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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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 Green Enabled It Solutions Private Limited
- Date of Incorporation 18 Jun, 2013
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$11.84 M (USD)151.55as on Mar 31, 2023
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Net Profit
$-566.75 K (USD)-2220.42as on Mar 31, 2023
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EBITDA
$-380.86 K (USD)-294.89as on Mar 31, 2023
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Total Equity Funding
$12.63 M (USD)
in 9 rounds
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Latest Funding Round
$6.37 M (USD), Series A
Feb 09, 2023
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Investors
Cornerstone Venture Partners Fund
& 22 more
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Employee Count
200
as on Apr 06, 2024
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Funding Insights of Blubirch
Blubirch has successfully raised a total of $12.63M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $6.37 million completed in February 2023. 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 9
- Last Round Series A — $6.4M
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First Round
First Round
(24 Jun 2015)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series A - Blubirch | Valuation | Capital 2B , Cornerstone Venture Partners Fund | |
| Mar, 2022 | Amount | Seed - Blubirch | Valuation | Cornerstone Venture Partners Fund | |
| Aug, 2019 | Amount | Seed - Blubirch | Valuation | Target Accelerators |
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| 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 Blubirch
Blubirch has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cornerstone Venture Partners Fund, SVS Trust and Capital 2B. 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 focused on technology companies
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Founded Year | Domain | Location | |
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Venture capital fund investing in B2B technologies and enterprise solutions in India.
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Founded Year | Domain | Location | |
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Retail startups are supported through Target-backed mentoring and networking.
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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 Blubirch
| 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 - Blubirch
| 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 |
Blubirch Comparisons
Competitors of Blubirch
Blubirch 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 NuvoEx, Bizlog, Reverse Logistics and OPTIMIZ, 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 |
Reverse logistics solutions are offered for Indian e-commerce returns.
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| domain | founded_year | HQ Location |
Reverse logistics, returns management, and relocation services are provided.
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| domain | founded_year | HQ Location |
Technology-enabled reverse logistics solutions are provided for returns management.
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| domain | founded_year | HQ Location |
AI-driven claims management platform
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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 Blubirch
Frequently Asked Questions about Blubirch
When was Blubirch founded?
Blubirch was founded in 2015.
Where is Blubirch located?
Blubirch is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Blubirch?
Sapan Kumar Jain is the current CEO of Blubirch. They have also founded this company.
Is Blubirch a funded company?
Blubirch is a funded company, having raised a total of $12.63M across 9 funding rounds to date.
How many employees does Blubirch have?
As of Apr 06, 2024, the latest employee count at Blubirch is 200.
What is the annual revenue of Blubirch?
Annual revenue of Blubirch is $11.84M as on Mar 31, 2023.
What does Blubirch do?
Blubirch was founded in 2015 in Bengaluru, India, as a provider of reverse supply chain automation platforms. The returns lifecycle is automated and optimized, covering initiation through to liquidation. Solutions are offered for warranty returns, end-of-life returns, and trade-ins. Item-level visibility and real-time tracking are enabled, along with automated approvals and disposition decisions. Integrated liquidation capabilities are included to support efficiency in operations across the sector.
Who are the top competitors of Blubirch?
Blubirch's top competitors include NuvoEx, Bizlog and Reverse Logistics.
Who are Blubirch's investors?
Blubirch has 23 investors. Key investors include Cornerstone Venture Partners Fund, SVS Trust, Capital 2B, Pavitar Singh, and Suresh Pareek.
What is Blubirch's valuation?
The valuation of Blubirch is $26.41M as of Feb 2023.
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