About GI Retail
GI Retail is a company based in Chennai (India) founded in 2009 by Palaniyapan Ramasamy was acquired by Wirecard in October 2015.. The company has 20 employees as of April 06, 2024. GI Retail operates in a competitive market with competitors including Airspace, SmartKargo, Farcast, Nallian and Airblox, among others.
- Headquarter Chennai, India
- Employees 20 as on 06 Apr, 2024
- Founders Palaniyapan Ramasamy
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Sectors
Transportation, Automotive & Logistics
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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 Gi Retail Private Limited
- Date of Incorporation 24 Jun, 2009
- Jurisdiction Chennai, Tamil Nadu, India
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Funding Insights of GI Retail
| 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 GI Retail
GI Retail has secured backing from 1 investor. Prominent investors backing the company include Wirecard. 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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Payment processing solutions are provided for businesses and merchants.
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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 GI Retail
| 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 - GI Retail
| 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 |
Gi Retail Comparisons
Competitors of GI Retail
GI Retail 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 Airspace, SmartKargo, Farcast, Nallian and Airblox, 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 |
Web-based cargo management solutions are offered for air logistics.
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| domain | founded_year | HQ Location |
SaaS based air cargo management solution
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| domain | founded_year | HQ Location |
Farcast is engaged in precision air cargo delivery services.
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| domain | founded_year | HQ Location |
Collaborative cargo management solutions are provided to airlines.
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| domain | founded_year | HQ Location |
A marketplace for air cargo management solutions is operated.
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| domain | founded_year | HQ Location |
Provides software solutions for airline cargo management and school administration.
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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 GI Retail
When was GI Retail founded?
GI Retail was founded in 2009.
Where is GI Retail located?
GI Retail is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does GI Retail have?
As of Apr 06, 2024, the latest employee count at GI Retail is 20.
What is the annual revenue of GI Retail?
Annual revenue of GI Retail is $294.48K as on Mar 31, 2022.
What does GI Retail do?
GI Retail was founded in 2009 in Chennai, India. Solutions driven by technology are delivered to the logistics, hospitality, and financial services sectors. Artificial intelligence is utilized in applications developed for hospitality operations. Internet of Things and operational systems are employed for cargo movement and storage management. Services encompassing corporate accommodation and travel arrangements are also extended through integrated technology platforms.
Who are the top competitors of GI Retail?
GI Retail's top competitors include Airspace, SmartKargo and Airblox.
Who are GI Retail's investors?
GI Retail has 1 investor. Key investors include Wirecard.
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