About Bro4u
Bro4u is a company based in Bengaluru (India) founded in 2014 by Goutham Gowda, Rajath Gowda, and Pramod Hegde. Bro4u has raised $837.22 thousand across 4 funding rounds from investors including Canopus Ventures, Alok Sargod and Gowtham Nataraj. The company has 10 employees as of April 07, 2024. Bro4u operates in a competitive market with competitors including Urban Company, OneDios, Dingg, Lookup and LocalOye, among others.
- Headquarter Bengaluru, India
- Employees 10 as on 07 Apr, 2024
- Founders Goutham Gowda, Rajath Gowda, Pramod Hegde
- Stage Minicorn
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Sectors
Business Services
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Phone
Locked
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Website
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Social
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- Legal Name Bro4u Online Services Private Limited
- Date of Incorporation 06 Jan, 2015
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$1.34 M (USD)520.63as on Mar 31, 2022
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Net Profit
-$17.21 K (USD)51.13as on Mar 31, 2022
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EBITDA
-$7.63 K (USD)64.63as on Mar 31, 2022
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Total Equity Funding
$837.22 K (USD)
in 4 rounds
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Latest Funding Round
$89.71 K (USD), Seed
Jan 20, 2020
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Investors
Canopus Ventures
& 5 more
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Employee Count
10
as on Apr 07, 2024
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Funding Insights of Bro4u
Bro4u has successfully raised a total of $837.22K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $89.71 thousand completed in January 2020. 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 Bro4u
Bro4u has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Canopus Ventures, Alok Sargod and Gowtham Nataraj.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on multiple sectors
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Alok Sargod |
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Investor details for Bro4u
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Investments & Acquisitions by Bro4u
Investment portfolio details for Bro4u
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Financial Statements - Bro4u
Detailed financials for Bro4u
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Bro4u Comparisons
Peer comparison for Bro4u
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Competitors of Bro4u
Bro4u 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 Urban Company, OneDios, Dingg, Lookup and LocalOye, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Customers are connected with vetted professionals for on-demand home services.
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Local services are facilitated through an online marketplace platform.
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All-in-one salon and spa management software is provided.
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Online marketplace for multiple local services
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Hosts a digital marketplace for multiple local services.
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Detailed competitors of Bro4u
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Latest news on Bro4u
Complete news archive for Bro4u
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Frequently Asked Questions about Bro4u
Bro4u was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Bro4u is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Pramod Hegde is the current CEO of Bro4u. They have also founded this company.
Bro4u is a funded company, having raised a total of $837.22K across 4 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Bro4u is 10.
Annual revenue of Bro4u is $1.34M as on Mar 31, 2022.
Bro4u was established in 2014 in Bengaluru, India, as an online marketplace in the local services sector. Services including mobile car wash, laundry, plumbing, and electrical repairs are facilitated for users. Bookings are processed through iOS and Android apps or WhatsApp, with commissions deducted from vendor transactions. Operations focus on connecting customers with nearby providers in the region.
Bro4u's top competitors include Urban Company, OneDios and LocalOye.
Bro4u has 6 investors. Key investors include Canopus Ventures, Alok Sargod, Gowtham Nataraj, Jillian Khan, and Chavan Kumar.
The valuation of Bro4u is $14.18M as of Jan 2020.