Frontier Markets

Jaipur, India Founded: 2011 • Age: 15 yrs
Solar installations are provided in urban and rural areas.
Request Access

About Frontier Markets

Frontier Markets is a company based in Jaipur (India) founded in 2011 by Daniel Tomlinson.. Frontier Markets has raised $4.62 million across 7 funding rounds from investors including ENGIE, Acumen and Seedfund. The company has 88 employees as of March 30, 2024. Frontier Markets offers products and services including Meri Saheli Platform, Saheli Super Malls, and Digital Dukaans. Frontier Markets operates in a competitive market with competitors including Lightsource BP, Freyr Energy, Fourth Partner Energy, Hesa and Sterling And Wilson, among others.

  • Headquarter Jaipur, India
  • Employees 88 as on 30 Mar, 2024
  • Founders Daniel Tomlinson
  • Stage Minicorn
  • Sectors
    Retail
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Frontier Markets Consulting Private Limited
  • Date of Incorporation 19 May, 2011
  • Jurisdiction Jaipur, Rajasthan, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $850.98 K (USD)
    -73.31
    as on Mar 31, 2023
  • Net Profit
    $-2.83 M (USD)
    -543.5
    as on Mar 31, 2023
  • EBITDA
    $-1.81 M (USD)
    -11775.02
    as on Mar 31, 2023
  • Total Equity Funding
    $4.62 M (USD)

    in 7 rounds

  • Latest Funding Round
  • Investors
    ENGIE

    & 11 more

  • Employee Count
    88

    as on Mar 30, 2024

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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 Frontier Markets

Frontier Markets offers a comprehensive portfolio of products and services, including Meri Saheli Platform, Saheli Super Malls, and Digital Dukaans. 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

Digital platform for rural marketplace operations and order tracking

Women-led stores offering various essential products and services

App-based shops for rural sales and distribution

People of Frontier Markets
Headcount 50-200
Employee Profiles 11
Board Members and Advisors 2
Employee Profiles
People
Anshu Khandelwal
Head of Compliance
People
Deepika Sharma
Logistics Executive
People
Rita Sharma
Saheli Engagement Business Manager
People
Ajaita Shah
Founder & CEO

Unlock access to complete

Board Members and Advisors
people
Paula Mariwala
Director
people
Sharda Balaji
Non-Executive Director

Unlock access to complete

Funding Insights of Frontier Markets

Frontier Markets has successfully raised a total of $4.62M across 7 strategic funding rounds. 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 7
  • Last Round
  • First Round

    (05 Oct 2011)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2022 Amount Series B - Frontier Markets Valuation

investors

Jul, 2020 Amount Seed - Frontier Markets Valuation ENGIE Rassembleurs d'Energies , The Rise Fund
Apr, 2019 Amount Seed - Frontier Markets Valuation Engie
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 Frontier Markets

Frontier Markets has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include ENGIE, Acumen and Seedfund. 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
Institutional
Investor Description Founded Year Domain Location
Venture capital fund focused on multiple sectors
Founded Year Domain Location
A venture capital fund is focused on energy tech investments.
Founded Year Domain Location
Sector-agnostic VC investment company investing globally
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 Frontier Markets

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 - Frontier Markets

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

Frontier Markets Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Frontier Markets

Frontier Markets 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 Lightsource BP, Freyr Energy, Fourth Partner Energy, Hesa and Sterling And Wilson, 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
Solar energy projects are developed and operated by Lightsource BP.
domain founded_year HQ Location
Solar energy projects are developed for residential and commercial applications.
domain founded_year HQ Location
On-grid and off-grid solar solutions and products are provided.
domain founded_year HQ Location
Provider of fintech and agritech company to connect rural communities with urban businesses
domain founded_year HQ Location
EPC and MEP services are provided across diverse sectors.
domain founded_year HQ Location
Provider of solar EPC, IPP services, and battery energy storage systems
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.

Frequently Asked Questions about Frontier Markets

When was Frontier Markets founded?

Frontier Markets was founded in 2011.

Where is Frontier Markets located?

Frontier Markets is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

Is Frontier Markets a funded company?

Frontier Markets is a funded company, having raised a total of $4.62M across 7 funding rounds to date.

How many employees does Frontier Markets have?

As of Mar 30, 2024, the latest employee count at Frontier Markets is 88.

What is the annual revenue of Frontier Markets?

Annual revenue of Frontier Markets is $850.98K as on Mar 31, 2023.

What does Frontier Markets do?

Frontier Markets was founded in 2011 and is based in Jaipur, India. Operations focus on the renewable energy sector, with solar installation services delivered in rural and urban settings. Rural efforts involve partnerships with micro-financing firms in Karnataka. Urban offerings encompass rooftop systems, solar water heaters, street lights, and garden lights. The company serves diverse geographic areas within India.

Who are the top competitors of Frontier Markets?

Frontier Markets's top competitors include Lightsource BP, Fourth Partner Energy and Freyr Energy.

What products or services does Frontier Markets offer?

Frontier Markets offers Meri Saheli Platform, Saheli Super Malls, and Digital Dukaans.

Who are Frontier Markets's investors?

Frontier Markets has 12 investors. Key investors include ENGIE, Acumen, Seedfund, ENGIE Rassembleurs d'Energies, and The Rise Fund.

What is Frontier Markets's valuation?

The valuation of Frontier Markets is $8.7M as of Oct 2018.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available