About eSamudaay
eSamudaay is a company based in Bengaluru (India) founded in 2020 by Ravi Haldipur, Sudarshan Simha, Medarisha Lyngdoh, Ravinder Singh Mahori, and Anup Pai. eSamudaay has raised $1.71 million across 3 funding rounds from investors including Stoffer Anko Norden, Prasana Iyengar and Upendra Mody. The company has 21 employees as of April 11, 2024. eSamudaay operates in a competitive market with competitors including 1K, Vilcart, Frendy, ShopX and Zybra, among others.
- Headquarter Bengaluru, India
- Employees 21 as on 11 Apr, 2024
- Founders Ravi Haldipur, Sudarshan Simha, Medarisha Lyngdoh, Ravinder Singh Mahori, Anup Pai
- Stage Minicorn
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Sectors
RetailTechnology
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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 Nirmund Digital Distributions Private Limited
- Date of Incorporation 21 Jul, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.96 K (USD)0as on Mar 31, 2022
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Net Profit
-$349.54 K (USD)-78.36as on Mar 31, 2022
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EBITDA
-$359.56 K (USD)-48.77as on Mar 31, 2022
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Total Equity Funding
$1.71 M (USD)
in 3 rounds
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Latest Funding Round
$995.04 K (USD), Angel Round
Jun 21, 2022
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Investors
Era International Holding
& 16 more
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Employee Count
21
as on Apr 11, 2024
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Funding Insights of eSamudaay
eSamudaay has successfully raised a total of $1.71M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $995.04 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 Funding
- Total Rounds 3
- Last Round Angel Round — $995,038
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First Round
First Round
(24 Feb 2021)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Angel Round - eSamudaay | Valuation | Stoffer Anko Norden |
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| Sep, 2021 | Amount | Angel Round - eSamudaay | Valuation | Prasana Iyengar | |
| Feb, 2021 | Amount | Seed - eSamudaay | Valuation | Era International Holding , Nirmund Trust |
Investors in eSamudaay
eSamudaay has secured backing from 17 investors, including angel investors. Prominent investors backing the company include Stoffer Anko Norden, Prasana Iyengar and Upendra Mody.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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SA
Stoffer Anko Norden |
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Founded Year | Domain | Location |
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PI
Prasana Iyengar |
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Founded Year | Domain | Location |
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UM
Upendra Mody |
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|
Founded Year | Domain | Location |
Investments & Acquisitions by eSamudaay
Financial Statements - eSamudaay
Esamudaay Comparisons
Competitors of eSamudaay
eSamudaay 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 1K, Vilcart, Frendy, ShopX and Zybra, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering retail store aggregating solution for grocery stores
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| domain | founded_year | HQ Location |
Tech-enabled logistics solutions are provided for rural retailers in India.
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| domain | founded_year | HQ Location |
Digitized convenience store network solutions for retailers
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| domain | founded_year | HQ Location |
Provider of a cashback and rewards platform for local store purchases
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| domain | founded_year | HQ Location |
Accounting software for SMEs is provided via mobile apps.
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Frequently Asked Questions about eSamudaay
eSamudaay was founded in 2020 and raised its 1st funding round 1 year after it was founded.
eSamudaay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anup Pai is the current CEO of eSamudaay. They have also founded this company.
eSamudaay is a funded company, having raised a total of $1.71M across 3 funding rounds to date. The company's 1st funding round was a Seed of $442.72K, raised on Feb 24, 2021.
As of Apr 11, 2024, the latest employee count at eSamudaay is 21.
Annual revenue of eSamudaay is $1.96K as on Mar 31, 2022.
eSamudaay was founded in 2020 in Bengaluru, India, within the e-commerce and retail technology sector. Retail store aggregating solutions are offered to support local entrepreneurs in establishing digital businesses. Digital tools and mentorship in operations, marketing, and sales are provided for e-commerce activities. Product delivery services are also extended to merchants operating in the region.
eSamudaay has 17 investors. Key investors include Stoffer Anko Norden, Prasana Iyengar, Upendra Mody, Ameesh Randeri, and Kunal Kundaje.
The valuation of eSamudaay is $7.66M as of Jun 2022.