About Gadgetwood eServices
Gadgetwood eServices is a company based in Delhi (India) founded in 2013 was acquired by Flipkart in March 2022.. Gadgetwood eServices has raised $7.12 million across 2 funding rounds from investors including Flipkart, Carpediem Capital Partners and Duane Park. The company has 892 employees as of February 29, 2020. Gadgetwood eServices operates in a competitive market with competitors including Onsitego, Handyhome, Foxway, eTechies and Phone Mechanic, among others.
- Headquarter Delhi, India
- Employees 892 as on 29 Feb, 2020
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$38.93 M (USD)-21as on Mar 31, 2024
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Net Profit
$-11.49 M (USD)-56as on Mar 31, 2024
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EBITDA
$-10.46 M (USD)-54as on Mar 31, 2024
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Total Equity Funding
$7.12 M (USD)
in 2 rounds
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Latest Funding Round
$6.94 M (USD), Series A
Sep 22, 2016
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Investors
Flipkart
& 21 more
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Employee Count
892
as on Feb 29, 2020
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Acquired by
Flipkart
(Mar 23, 2022)
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Funding Insights of Gadgetwood eServices
Gadgetwood eServices has successfully raised a total of $7.12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.94 million completed in September 2016. 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 2
- Last Round Series A — $6.9M
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First Round
First Round
(08 Apr 2015)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Series A - Gadgetwood eServices | Valuation | Carpediem Capital | |
| Apr, 2015 | Amount | Seed - Gadgetwood eServices | Valuation | Ankit Agarwal , Bikky Khosla |
| 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 Gadgetwood eServices
Gadgetwood eServices has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flipkart, Carpediem Capital Partners and Duane Park. 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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Private equity investments in Indian SMEs focusing on consumption opportunities and growth capital provision.
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Founded Year | Domain | Location | |
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Angel investor network investing in early-stage startups
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Founded Year | Domain | Location | |
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Provision of venture capital and expertise in Agriculture, Education, Healthcare, and High Tech sectors in India.
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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 Gadgetwood eServices
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - Gadgetwood eServices
| 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 |
Gadgetwood Eservices Comparisons
Competitors of Gadgetwood eServices
Gadgetwood eServices 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 Onsitego, Handyhome, Foxway, eTechies and Phone Mechanic, 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 |
Extended warranties for electronics are offered via an online platform.
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| domain | founded_year | HQ Location |
Mobile app to book repair services for electronic appliances
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| domain | founded_year | HQ Location |
Provider of lifecycle management services for tech devices
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| domain | founded_year | HQ Location |
Warranties and repairs for mobiles, laptops, and tablets are offered.
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| domain | founded_year | HQ Location |
An app-based platform offering electronics repair services to consumers.
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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 Gadgetwood Eservices
Frequently Asked Questions about Gadgetwood eServices
When was Gadgetwood eServices founded?
Gadgetwood eServices was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Gadgetwood eServices located?
Gadgetwood eServices is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Gadgetwood eServices a funded company?
Gadgetwood eServices is a funded company, having raised a total of $7.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $184.32K, raised on Apr 08, 2015.
How many employees does Gadgetwood eServices have?
As of Feb 29, 2020, the latest employee count at Gadgetwood eServices is 892.
What is the annual revenue of Gadgetwood eServices?
Annual revenue of Gadgetwood eServices is $38.93M as on Mar 31, 2024.
What does Gadgetwood eServices do?
Gadgetwood eServices was founded in 2013 in Delhi, India, within the consumer electronics repair sector. Technical support and repair services for smartphones and tablets are provided through an online platform. Service requests can be placed via the website, where pick-up and drop-off scheduling is facilitated. Repair warranties are extended to customers to ensure post-service reliability. Operations focus on efficient device handling in the local market.
Who are the top competitors of Gadgetwood eServices?
Who are Gadgetwood eServices's investors?
Gadgetwood eServices has 22 investors. Key investors include Flipkart, Carpediem Capital Partners, Duane Park, Splice Capital, and Ashvin Chadha.