ControlZ

Gurugram, India Founded: 2002 • Age: 24 yrs
Second-hand mobiles and accessories are retailed online.

About ControlZ

ControlZ is a company based in Gurugram (India) founded in 2002 by Yagya Bhatia and Yug Bhatia.. ControlZ has raised $3 million across 2 funding rounds from investors including Venture Catalysts, Z Nation Lab and 100Unicorns. The company has 65 employees as of April 09, 2024. ControlZ has completed 1 acquisition, including Overcart. ControlZ operates in a competitive market with competitors including Yaantra, InstaCash, Grest, MobiGarage and ValueCart, among others.

  • Headquarter Gurugram, India
  • Employees 65 as on 09 Apr, 2024
  • Founders Yagya Bhatia, Yug Bhatia
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Undo World Private Limited
  • Date of Incorporation 14 Feb, 2022
  • Jurisdiction Palam Road, Haryana, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $1.52 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $5.92 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $25.57 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $3 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    65

    as on Apr 09, 2024

  • Investments & Acquisitions
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Funding Insights of ControlZ

ControlZ has successfully raised a total of $3M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (03 Feb 2024)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Debt – Conventional - ControlZ Valuation

investors

Feb, 2024 Amount Seed - ControlZ Valuation Venture Catalysts , 100Unicorns
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ControlZ

ControlZ has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, Z Nation Lab and 100Unicorns. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage startup ecosystem is supported by Venture Catalysts in India.
Founded Year Domain Location
Early-stage investments are targeted by this venture capital firm.
Founded Year Domain Location
Venture capital funding is provided to companies across multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ControlZ

ControlZ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Overcart. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Operates as a marketplace for overstock, unboxed, and pre-owned electronics.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ControlZ

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Controlz Comparisons

Employees
+
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Competitors of ControlZ

ControlZ 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 Yaantra, InstaCash, Grest, MobiGarage and ValueCart, 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
Second-hand smartphones and accessories are sold through an online platform.
domain founded_year HQ Location
Pre-owned smartphones are bought back online via condition-based quoting.
domain founded_year HQ Location
Refurbished premium smartphones are offered via an online platform.
domain founded_year HQ Location
Online second-hand platform offering refurbished mobile phones
domain founded_year HQ Location
An online store specializing in unused, unboxed, and refurbished mobile phones.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Controlz

Frequently Asked Questions about ControlZ

When was ControlZ founded?

ControlZ was founded in 2002 and raised its 1st funding round 22 years after it was founded.

Where is ControlZ located?

ControlZ is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Is ControlZ a funded company?

ControlZ is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Feb 03, 2024.

How many employees does ControlZ have?

As of Apr 09, 2024, the latest employee count at ControlZ is 65.

What is the annual revenue of ControlZ?

Annual revenue of ControlZ is $1.52M as on Mar 31, 2023.

What does ControlZ do?

ControlZ was established in 2002 and is headquartered in Gurugram, India. Operations focus on e-commerce within the second-hand electronics sector, where refurbished mobile phones and related accessories from multiple brands are offered. Inventory is managed through the domain controlz.world, serving customers primarily in India. Leadership is provided by co-founders Yagya Bhatia and Yug Bhatia.

Who are the top competitors of ControlZ?

ControlZ's top competitors include Yaantra, InstaCash and Grest.

How many acquisitions has ControlZ made?

ControlZ has made 1 acquisition, including Overcart.

Who are ControlZ's investors?

ControlZ has 10 investors. Key investors include Venture Catalysts, Z Nation Lab, 100Unicorns, PitchRight Ventures, and Helious Holdings.

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