About Extra.ge
Extra.ge is a company based in Tbilisi (Georgia) founded in 2019 was acquired by Bank of Georgia in June 2019. It operates as a Two-Sided Marketplace. Extra.ge offers products and services including Online Retail Platform. Extra.ge operates in a competitive market with competitors including FreeShop.Ge, Extra, DADE, Kroudi and GramPak, among others.
- Headquarter Tbilisi, Georgia
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Sectors
Retail
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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 Extra Area Jsc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Bank of Georgia
(Jun 17, 2019)
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Products & Services of Extra.ge
Extra.ge offers a comprehensive portfolio of products and services, including Online Retail 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.
A platform for purchasing diverse products online easily.
Funding Insights of Extra.ge
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Extra.ge
Extra.ge has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bank of Georgia Group. 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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A financial group focused on banking services in Georgia and Armenia.
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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 Extra.ge
| 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 - Extra.ge
| 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 |
Extra.Ge Comparisons
Competitors of Extra.ge
Extra.ge 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 FreeShop.Ge, Extra, DADE, Kroudi and GramPak, 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 |
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| domain | founded_year | HQ Location |
Online Retailer
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| domain | founded_year | HQ Location |
Prepaid cards are provided for consumer transactions and payments.
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| domain | founded_year | HQ Location |
Functions as an online marketplace for multi-category consumer products.
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| domain | founded_year | HQ Location |
Functions as an app-based retailer for multi-category products.
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| domain | founded_year | HQ Location |
Operates an online shopping platform offering a wide range of products.
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| domain | founded_year | HQ Location |
Manages an e-commerce platform offering a wide range of multi-category consumer products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Extra.ge
When was Extra.ge founded?
Extra.ge was founded in 2019.
Where is Extra.ge located?
Extra.ge is headquartered in Tbilisi, Georgia.
Who is the current CEO of Extra.ge?
Tamuna Buadze is the current CEO of Extra.ge.
What does Extra.ge do?
Extra.ge is operated as the largest online store in Georgia, offering a wide assortment of over 150,000 products from more than 500 partner stores across various categories such as technology, home decor, furniture, fashion, automotive, and health. Diverse payment methods including installments, card payments, and bank transfers are provided. Delivery services are ensured across Georgia with varying timelines for Tbilisi and other regions.
Who are the top competitors of Extra.ge?
Extra.ge's top competitors include Extra, FreeShop.Ge and DADE.
What products or services does Extra.ge offer?
Extra.ge offers Online Retail Platform.
Who are Extra.ge's investors?
Extra.ge has 1 investor. Key investors include Bank of Georgia Group.