About Gobillion
Gobillion is a company based in Delhi (India) founded in 2020 by Kulapradip Bharali and Roshan Farhan.. Gobillion has raised $2.9 million across 1 funding round from investors including Y Combinator, Justin Mateen and Pioneer Fund. The company has 18 employees as of March 21, 2024. Gobillion operates in a competitive market with competitors including Bigbasket, Otipy, DealShare, Rozana and Wellversed, among others.
- Headquarter Delhi, India
- Employees 18 as on 21 Mar, 2024
- Founders Kulapradip Bharali, Roshan Farhan
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Sectors
Retail
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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 Gobillion Services Private Limited
- Date of Incorporation 22 May, 2020
- Jurisdiction Newdelhi, Delhi, India
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Annual Revenue
$6.81 M (USD)424.05as on Mar 31, 2023
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Net Profit
$-1.26 M (USD)-351.44as on Mar 31, 2023
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EBITDA
$-1.16 M (USD)-318.06as on Mar 31, 2023
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Total Equity Funding
$2.9 M (USD)
in 1 rounds
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Latest Funding Round
$2.9 M (USD), Seed
Sep 01, 2021
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Investors
Y Combinator
& 14 more
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Employee Count
18
as on Mar 21, 2024
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Funding Insights of Gobillion
Gobillion has successfully raised a total of $2.9M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.9 million completed in September 2021. 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 1
- Last Round Seed — $2.9M
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First Round
First Round
(01 Sep 2021)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - Gobillion | Valuation | Y Combinator , Justin Mateen |
| 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 Gobillion
Gobillion has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Y Combinator, Justin Mateen and Pioneer Fund. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Investments in multiple sectors are made by Pioneer Fund.
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Founded Year | Domain | Location | |
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Investments in consumer tech sectors are managed by Goodwater Capital.
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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 Gobillion
| 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 - Gobillion
| 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 |
Gobillion Comparisons
Competitors of Gobillion
Gobillion 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 Bigbasket, Otipy, DealShare, Rozana and Wellversed, 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 |
Personal and household products are delivered via an e-commerce platform.
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| domain | founded_year | HQ Location |
Grocery products are provided via an online digital storefront.
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| domain | founded_year | HQ Location |
Online social deal-sharing platform for multi-category products
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| domain | founded_year | HQ Location |
Rozana is focused on rural e-commerce in India.
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| domain | founded_year | HQ Location |
Online retailer offering multi-category nutritional products
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| domain | founded_year | HQ Location |
App-based group buying platform offering multi-category products
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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 Gobillion
Frequently Asked Questions about Gobillion
When was Gobillion founded?
Gobillion was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Gobillion located?
Gobillion is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Gobillion?
Roshan Farhan is the current CEO of Gobillion. They have also founded this company.
Is Gobillion a funded company?
Gobillion is a funded company, having raised a total of $2.9M across 1 funding round to date. The company's 1st funding round was a Seed of $2.9M, raised on Sep 01, 2021.
How many employees does Gobillion have?
As of Mar 21, 2024, the latest employee count at Gobillion is 18.
What is the annual revenue of Gobillion?
Annual revenue of Gobillion is $6.81M as on Mar 31, 2023.
What does Gobillion do?
Gobillion was founded in 2020 in Delhi, India, as an e-commerce platform focused on groceries and household items. Operations center on an Android app that facilitates online shopping for food, beverages, personal care, hygiene products, and related essentials. A Team Buy feature is included, allowing users to share eligible product deals with contacts. The service emphasizes community-driven purchases within the social interface.
Who are the top competitors of Gobillion?
Who are Gobillion's investors?
Gobillion has 15 investors. Key investors include Y Combinator, Justin Mateen, Pioneer Fund, Goodwater Capital, and Oliver Jung.