About Draup
Draup is a company based in Bengaluru (India) founded in 2017 by Vamsee Tirukkala.. Draup has raised $20 million across 1 funding round from investors including HKW. The company has 260 employees as of April 04, 2024. Draup offers products and services including Account Planning Platform, Workforce Planning Tool, and Predictive Skills Architecture. Draup operates in a competitive market with competitors including Cornerstone, Showpad, Korn Ferry, Visier and Bigtincan, among others.
- Headquarter Bengaluru, India
- Employees 260 as on 04 Apr, 2024
- Founders Vamsee Tirukkala
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Draup Business Solutions Private Limited
- Date of Incorporation 14 Apr, 2021
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$7.12 M (USD)170.65as on Mar 31, 2023
-
Net Profit
$562.59 K (USD)120.35as on Mar 31, 2023
-
EBITDA
$978.68 K (USD)179.39as on Mar 31, 2023
-
Total Equity Funding
$20 M (USD)
in 1 rounds
-
Latest Funding Round
$20 M (USD), Series A
Mar 21, 2022
- Investors
-
Employee Count
260
as on Apr 04, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Draup
Draup offers a comprehensive portfolio of products and services, including Account Planning Platform, Workforce Planning Tool, and Predictive Skills Architecture. 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.
Enables identification and penetration of key accounts for revenue growth.
Offers insights on skills, workload, and retention for talent acquisition.
Analyzes career paths and skills to build agile workforces.
Unlock access to complete
Funding Insights of Draup
Draup has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in March 2022. 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 1
- Last Round Series A — $20.0M
-
First Round
First Round
(21 Mar 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Draup | Valuation | HKW |
|
| 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 Draup
Draup has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HKW. 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 |
|---|---|---|---|---|
|
HKW is engaged in private equity investments across specific 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 Draup
| 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 |
Financial Statements - Draup
| 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 |
Draup Comparisons
Competitors of Draup
Draup 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 Cornerstone, Showpad, Korn Ferry, Visier and Bigtincan, 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 |
Cloud-based HRMS platform powered by AI for workforce management.
|
|
| domain | founded_year | HQ Location |
Provider of Mobile Sales Enablement platform
|
|
| domain | founded_year | HQ Location |
Talent acquisition and consulting services are provided globally.
|
|
| domain | founded_year | HQ Location |
Cloud-based workforce analytics and planning software is offered.
|
|
| domain | founded_year | HQ Location |
Mobile based content enablement system for sales teams
|
|
| domain | founded_year | HQ Location |
SaaS content management solutions are delivered for sales teams.
|
| 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 Draup
Frequently Asked Questions about Draup
When was Draup founded?
Draup was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Draup located?
Draup is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Draup a funded company?
Draup is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on Mar 21, 2022.
How many employees does Draup have?
As of Apr 04, 2024, the latest employee count at Draup is 260.
What is the annual revenue of Draup?
Annual revenue of Draup is $7.12M as on Mar 31, 2023.
What does Draup do?
Draup was founded in 2017 in Bengaluru, India, as a provider of AI-driven labor market and sales intelligence. Vast datasets are analyzed using machine learning to generate insights for workforce planning, talent acquisition, and account-based marketing. Predictive skills frameworks are utilized to align talent with business goals, while account intelligence supports sales targeting. Custom reporting and support services are also offered to clients.
Who are the top competitors of Draup?
Draup's top competitors include Cornerstone, Korn Ferry and Showpad.
What products or services does Draup offer?
Draup offers Account Planning Platform, Workforce Planning Tool, and Predictive Skills Architecture.
Who are Draup's investors?
Draup has 1 investor. Key investors include HKW.