About Citizengage
Citizengage is an Environment company based in Bengaluru (India) founded in 2015. IoT-based platform for tracking and managing waste activities is offered. It operates in the Environment and Business Services sectors. Citizengage has raised $313.82 thousand across 1 funding round from investors including Pravega Ventures, Tracxn Labs and Setu Net. Citizengage was last valued at $3.68 million in August 2016. Its Indian entity Citizengage Solutions Private Limited reported revenue of ₹21.7 Lakh. Its focus areas include Consumer, Local Services, Home Services and Maintenance & Repair. Its competitors include Bintix, TheKabadiWala and Trashin; 3 of its 3 listed competitors have raised funding.
Company details
Citizengage was founded in 2015 in Bengaluru, India, as a provider of an IoT-based software platform focused on waste management. Algorithms and analytical tools are utilized to measure, track, monitor, and control waste activities for producers and collection service providers. Features include work schedule management, invoice preparation, audits, benchmarking, and data-driven optimization. Services are used by customers such as Faasos, Blue Frog, and Box 8 in the waste sector.
- Headquarters Bengaluru, India
- Stage Minicorn
- SectorsEnvironmentBusiness Services
- Website citizengage.co
- Social LinkedIn X Facebook
- Legal Name Citizengage Solutions Private Limited
- Date of Incorporation 29 Jan, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹21.7 Lakh
FY 2021 · -53% YoY
- Net Loss-₹6.1 Lakh
FY 2021 · -28% margin
- EBITDA-₹6.1 Lakh
FY 2021 · -28% margin
- Total Equity Funding$313.82K (USD)
in 1 rounds
- Latest Funding Round$313.82K (USD), Seed
Aug 2016
- InvestorsPravega Ventures
& 16 more
Associated legal entities of Citizengage
Citizengage operates through Citizengage Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Citizengage Solutions Private Limited CIN U74900KA2015PTC078586 | Active | 29 Jan 2015 | Bangalore, Karnataka | ₹0.2 Cr | 2 | View details |
Funding Insights of Citizengage
Citizengage has successfully raised a total of $313.82K through 1 strategic funding round. The most recent funding activity was a Seed round of $313.82 thousand completed in August 2016. 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 $313,822
- Total Rounds 1
- Last Round Seed — $313,822
- First Round $313,822
(Aug 2016)
- Investors Count 17
All 1 funding rounds of Citizengage 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 |
|---|---|---|---|---|---|
| Aug 2016 | $313,822 | Seed | $3.68M | Al Hamra Group |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2016 | $3.68M | •••••••• |
Last known valuation $3.68M (Aug 2016). 17 investors in total: 4 institutional and 13 angel.
Investors in Citizengage
Citizengage has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Pravega Ventures, Tracxn Labs and Setu Net.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Real estate development is funded by Al Hamra Group VC. | alhamragroup.ae | Ras Al-khaimah, United Arab Emirates | ||
Early-stage investment and support for technology companies. | 2013 | tracxnlabs.com | Bengaluru, India | |
Financial services, strategic advisory, and partnerships in investments. | pravegavc.com | Bengaluru, India | ||
Enterprise management solutions for EHS&S and TPM are provided. | 2005 | mysetu.com | Mumbai, India | |
BM Bhanu Mishra | unknown_cbeb6dc2af8b4edf8 | |||
RG Rikita Goel | unknown_50e5375751104dc99 | |||
SK Satish Kumar Lunsavath | Angel investor and entrepreneur, focused on tech startups in India. | unknown_85e72ad286c340a98 | ||
AA Amrita Agarwal | unknown_9ac02795119a46148 | |||
RS Ravi Shankar | unknown_1e988bd9b71542e09 | |||
AP Ajith Pai | Angel investor, ex-entrepreneur, focused on Indian startups in tech and consumer sectors. | unknown_89c677f6d1d04fd98 |
Investor details for Citizengage
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Citizengage Solutions Private Limited (Citizengage)
Citizengage Solutions Private Limited is the primary company behind Citizengage. The board of Citizengage Solutions Private Limited currently have 2 directors; the longest-serving is Pronita Saxena, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pronita Saxena DIN 07077125 | Director | 29 Jan 2015 | 11 yrs 9 mo | Citizengage Solutions Private Limited |
| Ashish Malayil DIN 07077118 | Director | 29 Jan 2015 | 11 yrs 9 mo | Citizengage Solutions Private Limited |
Financials of Citizengage
Figures of Citizengage Solutions Private Limited, the primary company behind Citizengage, for FY 2021. Revenue was ₹21.7 Lakh (-53% year on year). Net loss was -₹6.1 Lakh (-28% margin). EBITDA was -₹6.1 Lakh (-28% margin). Revenue has grown at a compounded annual rate of -31% over three years and +15% over five years.
- ₹21.7 LakhRevenue · FY 2021 · -53% YoY
- -₹6.1 LakhNet loss · -28% margin
- -₹6.1 LakhEBITDA · -28% margin
- ₹41 LakhPaid-up capital
- -31%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Citizengage Solutions Private Limited are on its company page.
Detailed financial statements for Citizengage
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Citizengage
3 dated milestones of Citizengage across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Citizengage is founded.
- Funding First funding round of $314K.
- Milestone Reaches Minicorn status.
Competitors of Citizengage
Citizengage has 3 listed competitors in our database, 3 of them funded. They include Bintix, TheKabadiWala and Trashin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bintix.com | 2005 | Hyderabad, India | $537,002 | 10 | Door-step dry waste collection solution provider | |
| thekabadiwala.com | 2013 | Bhopal, India | $2.93M | 18 | Online platform providing waste collection service | |
| trashin.com | 2016 | Bengaluru, India | $339,208 | 1 | Recyclables are traded through an app-based online marketplace. |
Detailed competitors of Citizengage
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Citizengage (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Frequently Asked Questions about Citizengage
Citizengage was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Citizengage is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Citizengage is a funded company, having raised a total of $313.82K across 1 funding round to date. The company's 1st funding round was a Seed of $313.82K, raised on Aug 2016.
The primary company behind Citizengage, Citizengage Solutions Private Limited, reported revenue of ₹21.7 Lakh for FY 2021, down 53% year on year.
Citizengage was founded in 2015 in Bengaluru, India, as a provider of an IoT-based software platform focused on waste management. Algorithms and analytical tools are utilized to measure, track, monitor, and control waste activities for producers and collection service providers. Features include work schedule management, invoice preparation, audits, benchmarking, and data-driven optimization. Services are used by customers such as Faasos, Blue Frog, and Box 8 in the waste sector.
Citizengage's top competitors include Bintix, TheKabadiWala and Trashin.
Citizengage has 17 investors. Key investors include Pravega Ventures, Tracxn Labs, Setu Net, Al Hamra Group, and Bhanu Mishra.
The valuation of Citizengage is $3.68M as of Aug 2016.
Citizengage operates through Citizengage Solutions Private Limited.
The legal entities of Citizengage currently have 2 directors, including Pronita Saxena, Ashish Malayil.