Emigre

Sunnyvale, United States Founded: 2021 • Age: 5 yrs
Provides platform for NRIs in US to open accounts, send remittances, and invest in India.
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About Emigre

Emigre is a company based in Sunnyvale (United States) founded in 2021 by Nishant Aggarwal and Kashish Mittal. It operates as a D2C, and B2C. Emigre has raised $125 thousand across 1 funding round from investors including Y Combinator. Emigre offers products and services including Account Opening Service, Remittance Service, and Investment Platform. Emigre operates in a competitive market with competitors including Nomad, CAURI Money, Adro, Aeldra and TellerOne, among others.

  • Headquarter Sunnyvale, United States
  • Founders Nishant Aggarwal, Kashish Mittal
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Emigre, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $125 K (USD)

    in 1 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Jun 01, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Emigre

Emigre offers a comprehensive portfolio of products and services, including Account Opening Service, Remittance Service, and Investment Platform. 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.

Primary

Enables quick online opening of NRE and NRO accounts for NRIs.

Facilitates instant international money transfers from US to India.

Allows NRIs to invest in Indian stocks and manage portfolios.

Funding Insights of Emigre

Emigre has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 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 Rounds 1
  • Last Round Seed — $125,000
  • First Round

    (01 Jun 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Seed - Emigre Valuation Y Combinator
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 Emigre

Emigre has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
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 Emigre

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

Financial Statements - Emigre

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

Emigre Comparisons

Employees
+
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Competitors of Emigre

Emigre 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 Nomad, CAURI Money, Adro, Aeldra and TellerOne, 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
Digital banking services for individuals are offered by Nomad.
domain founded_year HQ Location
Developer of a digital bank for ex-pats
domain founded_year HQ Location
Financial services are offered to international clients in the US.
domain founded_year HQ Location
Operates as a digital bank for individuals, investors, and businesses.
domain founded_year HQ Location
Online banking services are delivered via a digital platform.
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 Emigre

Frequently Asked Questions about Emigre

When was Emigre founded?

Emigre was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Emigre located?

Emigre is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Who is the current CEO of Emigre?

Kashish Mittal is the current CEO of Emigre. They have also founded this company.

Is Emigre a funded company?

Emigre is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.

What does Emigre do?

Emigre is a digital platform that assists Non-Resident Indians (NRIs) in the US to open NRE and NRO accounts quickly through an online process. It enables users to access accounts via mobile and web apps for sending international remittances, paying bills, and investing in Indian stocks. Based in California, it serves expats by facilitating seamless transactions and compliance with US and Indian regulations, ensuring easy financial support for family back home.

Who are the top competitors of Emigre?

Emigre's top competitors include Nomad, Adro and CAURI Money.

What products or services does Emigre offer?

Emigre offers Account Opening Service, Remittance Service, and Investment Platform.

Who are Emigre's investors?

Emigre has 1 investor. Key investors include Y Combinator.

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