About DesignBids
DesignBids is a company based in Delhi (India) founded in 2015 by Shreya Bisht and Nithish Monson. It operates as a B2C. DesignBids has raised $174.9 thousand across 2 funding rounds from investors including GAR, DASNAC and Quibus Tech. DesignBids offers products and services including Interior Design Articles, Bedroom Hacks Guide, and Furniture Selection Guide. DesignBids operates in a competitive market with competitors including Kolo App, Boxs, Garden of Joy, CapriCoast and Siloho, among others.
- Headquarter Delhi, India
- Founders Shreya Bisht, Nithish Monson
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Designbids Technologies Private Limited
- Date of Incorporation 09 Nov, 2015
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$4.54 K (USD)2866.55as on Mar 31, 2017
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Net Profit
$-66.77 K (USD)-419.47as on Mar 31, 2017
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EBITDA
$-76.89 K (USD)-511.08as on Mar 31, 2017
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Total Equity Funding
$174.9 K (USD)
in 2 rounds
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Latest Funding Round
$83.93 K (USD), Seed
Jan 04, 2017
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Investors
GAR
& 30 more
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Employee Count
Employee Count
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Products & Services of DesignBids
DesignBids offers a comprehensive portfolio of products and services, including Interior Design Articles, Bedroom Hacks Guide, and Furniture Selection Guide. 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.
Delivers news and tips on interior design and home improvement strategies.
Provides techniques to optimize space and cosiness in small bedrooms.
Offers tips on choosing sustainable and functional furniture pieces.
Funding Insights of DesignBids
DesignBids has successfully raised a total of $174.9K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $83.93 thousand completed in January 2017. 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 2
- Last Round Seed — $83,928
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First Round
First Round
(26 Dec 2015)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Seed - DesignBids | Valuation | Arihant Jain , Ambarish Raghuvanshi | |
| Dec, 2015 | Amount | Seed - DesignBids | Valuation | Arihant Jain , Pankaj Thakar |
| 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 DesignBids
DesignBids has secured backing from 31 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include GAR, DASNAC and Quibus Tech. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Strategic ventures are facilitated from Kolkata, India.
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Founded Year | Domain | Location | |
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Angel investor network investing in early-stage startups
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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 DesignBids
| 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 - DesignBids
| 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 |
Designbids Comparisons
Competitors of DesignBids
DesignBids 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 Kolo App, Boxs, Garden of Joy, CapriCoast and Siloho, 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 |
Home improvement services are booked via an app-based marketplace.
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| domain | founded_year | HQ Location |
Provider of software solutions for interior designers and decorators
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| domain | founded_year | HQ Location |
Landscaping and roofing contractor services are offered in Bengaluru.
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| domain | founded_year | HQ Location |
Modular home furniture is offered with online customization and installation.
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| domain | founded_year | HQ Location |
Provider of interior design services
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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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Frequently Asked Questions about DesignBids
When was DesignBids founded?
DesignBids was founded in 2015.
Where is DesignBids located?
DesignBids is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of DesignBids?
Nithish Monson is the current CEO of DesignBids. They have also founded this company.
Is DesignBids a funded company?
DesignBids is a funded company, having raised a total of $174.9K across 2 funding rounds to date. The company's 1st funding round was a Seed of $90.97K, raised on Dec 26, 2015.
What is the annual revenue of DesignBids?
Annual revenue of DesignBids is $4.54K as on Mar 31, 2017.
What does DesignBids do?
DesignBids is an online platform that publishes articles on interior design topics, including the use of interactive games like Tiger Dragon for creativity enhancement. It covers practical hacks for small bedrooms, sustainable furniture choices, and guides for selecting home décor. The site features content from authors like Chandan, focusing on maximizing space, reducing waste, and improving home functionality through innovative ideas and tips.
Who are the top competitors of DesignBids?
DesignBids's top competitors include Kolo App, Boxs and CapriCoast.
What products or services does DesignBids offer?
DesignBids offers Interior Design Articles, Bedroom Hacks Guide, and Furniture Selection Guide.
Who are DesignBids's investors?
DesignBids has 31 investors. Key investors include GAR, DASNAC, Quibus Tech, Arihant Jain, and Ambarish Raghuvanshi.
What is DesignBids's valuation?
The valuation of DesignBids is $695.51K as of Jan 2017.
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