About GemPundit
GemPundit is a company based in Gurugram (India) founded in 2013 by Nitin Yadav. GemPundit has raised $53.25 thousand across 3 funding rounds from investors including Anand Kumar. The company has 162 employees as of December 06, 2024. GemPundit operates in a competitive market with competitors including Gemkara, GemAtlas, Aakarshan Opal, Gemtre and Magical Gems, among others.
- Headquarter Gurugram, India
- Employees 162 as on 06 Dec, 2024
- Founders Nitin Yadav
- Stage Minicorn
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Sectors
RetailIndustrial Goods & Manufacturing
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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 Fortuna Retail Private Limited
- Date of Incorporation 11 Jan, 2013
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$3.94 M (USD)33.12as on Mar 31, 2024
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Net Profit
$150.05 K (USD)41.34as on Mar 31, 2024
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EBITDA
$357.21 K (USD)121.63as on Mar 31, 2024
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Total Equity Funding
$53.25 K (USD)
in 3 rounds
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Latest Funding Round
$27.16 K (USD), Angel Round
Apr 10, 2017
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Investors
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Employee Count
162
as on Dec 06, 2024
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Funding Insights of GemPundit
GemPundit has successfully raised a total of $53.25K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $27.16 thousand completed in April 2017. 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 — $27,161
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First Round
First Round
(02 May 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Angel Round - GemPundit | Valuation | Anand Kumar |
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| Jan, 2015 | Amount | Angel Round - GemPundit | Valuation | Anand Kumar |
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| May, 2014 | Amount | Angel Round - GemPundit | Valuation | Anand Kumar |
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Investors in GemPundit
GemPundit has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Anand Kumar.
| Investor | Description | Founded Year | Domain | Location |
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AK
Anand Kumar |
Founder of Super 30, angel investor in edtech, social impact advocate
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Founded Year | Domain | Location |
Investments & Acquisitions by GemPundit
Financial Statements - GemPundit
Gempundit Comparisons
Competitors of GemPundit
GemPundit 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 Gemkara, GemAtlas, Aakarshan Opal, Gemtre and Magical Gems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates an online platform offering a wide range of gemstones and jewelry products.
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| domain | founded_year | HQ Location |
Delivers a cloud-based platform for listing and trading multiple gemstones.
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| domain | founded_year | HQ Location |
Sells natural opals and gemstones online with certifications and worldwide shipping.
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| domain | founded_year | HQ Location |
Offers online sales of natural gemstones, crystals, and spiritual jewelry products.
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| domain | founded_year | HQ Location |
A platform specializing in a wide range of astrological gemstones.
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Frequently Asked Questions about GemPundit
GemPundit was founded in 2013 and raised its 1st funding round 1 year after it was founded.
GemPundit is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Nitin Yadav is the current CEO of GemPundit. They have also founded this company.
GemPundit is a funded company, having raised a total of $53.25K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $13.28K, raised on May 02, 2014.
As of Dec 06, 2024, the latest employee count at GemPundit is 162.
Annual revenue of GemPundit is $3.94M as on Mar 31, 2024.
Online Store That Sells Loose Gemstones And Coloured Gemstone Jewellery Across 40 Different Categories Including Sapphires, Emeralds, Rubies And Natural Pearl, Besides Semi-precious Stones Like Amethyst, Topaz. Caters To Customers That Include Individuals, Astrologers And Jewellers Across Delhi, Mumbai And Bangalore. Claims 10,000 Skus, Targets Inr 25 Crore By End Of 2015. Plans To Expand To International Markets. Raised Seed Funding In Oct 2014 From A Group Of Individuals Including Anand Kumar, Partner Of Mumbai-based Law Firm Sand Hill Counsel. Part Of Fortuna Retail .
GemPundit's top competitors include GemAtlas, Gemkara and Aakarshan Opal.
GemPundit has 1 investor. Key investors include Anand Kumar.
The valuation of GemPundit is $7.01M as of Apr 2017.