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
*********
- 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 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 |
| 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 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. 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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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 |
| 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 eSamudaay
| 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 - eSamudaay
| 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 |
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. 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 |
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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| 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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Latest news on Esamudaay
Frequently Asked Questions about eSamudaay
When was eSamudaay founded?
eSamudaay was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is eSamudaay located?
eSamudaay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of eSamudaay?
Anup Pai is the current CEO of eSamudaay. They have also founded this company.
Is eSamudaay a funded 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.
How many employees does eSamudaay have?
As of Apr 11, 2024, the latest employee count at eSamudaay is 21.
What is the annual revenue of eSamudaay?
Annual revenue of eSamudaay is $1.96K as on Mar 31, 2022.
What does eSamudaay do?
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.
Who are the top competitors of eSamudaay?
Who are eSamudaay's investors?
eSamudaay has 17 investors. Key investors include Stoffer Anko Norden, Prasana Iyengar, Upendra Mody, Ameesh Randeri, and Kunal Kundaje.
What is eSamudaay's valuation?
The valuation of eSamudaay is $7.66M as of Jun 2022.