About GetUnion
GetUnion is a company based in Mumbai (India) founded in 2018 by Kamal Anandani.. GetUnion has raised $2.21 million across 2 funding rounds from investors including Akshay Kumar Nandkumar Verma, Akshay Kumar Nandkumar Verma and Virendra Singh. GetUnion operates in a competitive market with competitors including VoloFin, Invox Finance, Finchain, Credore and Spathion, among others.
- Headquarter Mumbai, India
- Founders Kamal Anandani
- Stage Minicorn
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Techkn Consulting Services Private Limited
- Date of Incorporation 17 Jan, 2018
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$29.16 K (USD)-51.04as on Mar 31, 2022
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Net Profit
$-18.57 K (USD)-157.26as on Mar 31, 2022
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EBITDA
$2.16 K (USD)-95.79as on Mar 31, 2022
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Total Equity Funding
$2.21 M (USD)
in 2 rounds
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Latest Funding Round
$2.17 M (USD), Angel Round
Mar 26, 2019
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Investors
& 15 more
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Employee Count
Employee Count
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Funding Insights of GetUnion
GetUnion has successfully raised a total of $2.21M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $2.17 million completed in March 2019. 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 Angel Round — $2.2M
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First Round
First Round
(26 Mar 2018)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Angel Round - GetUnion | Valuation | Akshay Kumar Nandkumar Verma , Akshay Kumar Nandkumar Verma |
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| Mar, 2018 | Amount | Angel Round - GetUnion | Valuation | Virendra Singh |
| 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 GetUnion
GetUnion has secured backing from 16 investors, including angel investors. Prominent investors backing the company include Akshay Kumar Nandkumar Verma, Akshay Kumar Nandkumar Verma and Virendra Singh. 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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AK
Akshay Kumar Nandkumar Verma |
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Founded Year | Domain | Location |
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AK
Akshay Kumar Nandkumar Verma |
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Founded Year | Domain | Location |
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VS
Virendra Singh |
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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 GetUnion
| 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 - GetUnion
| 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 |
Getunion Comparisons
Competitors of GetUnion
GetUnion 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 VoloFin, Invox Finance, Finchain, Credore and Spathion, 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 |
Blockchain-based platform for invoice financing
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| domain | founded_year | HQ Location |
Offers blockchain-based invoice lending services for businesses.
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| domain | founded_year | HQ Location |
Invoice financing is provided using a proprietary credit score.
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| domain | founded_year | HQ Location |
Blockchain-based solutions for financial supply chain management are provided.
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| domain | founded_year | HQ Location |
Operates a blockchain-enabled marketplace for invoice financing solutions.
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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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Frequently Asked Questions about GetUnion
When was GetUnion founded?
GetUnion was founded in 2018.
Where is GetUnion located?
GetUnion is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of GetUnion?
Kamal Anandani is the current CEO of GetUnion. They have also founded this company.
Is GetUnion a funded company?
GetUnion is a funded company, having raised a total of $2.21M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $42.93K, raised on Mar 26, 2018.
What is the annual revenue of GetUnion?
Annual revenue of GetUnion is $29.16K as on Mar 31, 2022.
What does GetUnion do?
GetUnion was founded in 2018 in Mumbai, India, as a fintech company operating in the blockchain sector. A platform is offered that utilizes smart contracts to facilitate borrowing and lending through invoice discounting. Users are enabled to invest in invoices from blue-chip companies for periods of 30 to 90 days, supporting short-term financial transactions in a secure, decentralized manner.
Who are the top competitors of GetUnion?
Who are GetUnion's investors?
GetUnion has 16 investors. Key investors include Akshay Kumar Nandkumar Verma, Akshay Kumar Nandkumar Verma, Virendra Singh, Avinash Verma, and Bhavin Palan.
What is GetUnion's valuation?
The valuation of GetUnion is $2.7M as of Mar 2019.