About Conad
Conad is a company based in Bologna (Italy) founded in 1962.. Conad has completed 1 acquisition, including Marzi&Fulignati. Conad offers products and services including Groceries and Travel Insurance.
- Headquarter Bologna, Italy
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Sectors
Retail
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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 Conad Società Cooperativa
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$54.46 M (USD), Debt – Conventional
Jan 23, 2024
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Conad
Conad offers a comprehensive portfolio of products and services, including Groceries and Travel Insurance. 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.
A range of food items and essentials are sold for everyday use, focusing on quality and freshness
Insurance coverage is provided for travels to ensure protection during trips
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Funding Insights of Conad
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $54.5M
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First Round
First Round
(23 Jan 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Debt – Conventional - Conad | Valuation |
investors |
| 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 Conad
Conad has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UniCredit. 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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Commercial bank
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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 Conad
Conad has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Marzi&Fulignati. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Retailer of fresh produce, deli items, and meat products
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1957 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Conad
| 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 |
Conad Comparisons
Competitors of Conad
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Conad
When was Conad founded?
Conad was founded in 1962 and raised its 1st funding round 62 years after it was founded.
Where is Conad located?
Conad is headquartered in Bologna, Italy. It is registered at Bologna, Emilia-romagna, Italy.
What does Conad do?
Conad chain of supermarkets operating in italy through producing consumer products, retail chains, horizontal, and supermarkets. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
What products or services does Conad offer?
Conad offers Groceries and Travel Insurance.
How many acquisitions has Conad made?
Conad has made 1 acquisition, including Marzi&Fulignati.
Who are Conad's investors?
Conad has 1 investor. Key investors include UniCredit.