Goodbox

Bengaluru, India Founded: 2015 • Age: 11 yrs
Platform offering a hyperlocal e-commerce service
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About Goodbox

Goodbox is a company based in Bengaluru (India) founded in 2015.. Goodbox has raised $4.28 million across 5 funding rounds from investors including Nexus Venture Partners, Udayavani and Mekin Maheshwari. The company has 26 employees as of April 07, 2024. Goodbox has completed 1 acquisition, including Smartpocket. Goodbox operates in a competitive market with competitors including Blinkit, Swiggy, Bigbasket, Dunzo and Otipy, among others.

  • Headquarter Bengaluru, India
  • Employees 26 as on 07 Apr, 2024
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tsepak Technologies Private Limited
  • Date of Incorporation 16 Nov, 2012
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $213.11 K (USD)
    17.54
    as on Mar 31, 2021
  • Net Profit
    $-387.68 K (USD)
    -8.72
    as on Mar 31, 2021
  • EBITDA
    $-387.6 K (USD)
    -4.19
    as on Mar 31, 2021
  • Total Equity Funding
    $4.28 M (USD)

    in 5 rounds

  • Latest Funding Round
    $490.42 K (USD), Series A

    Jan 27, 2020

  • Investors
  • Employee Count
    26

    as on Apr 07, 2024

  • Investments & Acquisitions
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Funding Insights of Goodbox

Goodbox has successfully raised a total of $4.28M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $490.42 thousand completed in January 2020. 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 Rounds 5
  • Last Round Series A — $490,416
  • First Round

    (10 Jan 2015)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Series A - Goodbox Valuation

investors

Apr, 2017 Amount Series A - Goodbox Valuation Nexus Venture Partners
Nov, 2015 Amount Series A - Goodbox Valuation Nexus Venture Partners
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

Investors in Goodbox

Goodbox has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Nexus Venture Partners, Udayavani and Mekin Maheshwari. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm that partners with entrepreneurs for product-first companies.
Founded Year Domain Location
Kannada language daily newspaper operating in Karnataka
Founded Year Domain Location

Mekin Maheshwari

Ex-CTO Flipkart, angel investor, founder of Udhyam Learning Foundation
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Goodbox

Goodbox has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Smartpocket. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Loyalty credits are managed via mobile wallet for offline stores.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Goodbox

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Goodbox Comparisons

Employees
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Competitors of Goodbox

Goodbox 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 Blinkit, Swiggy, Bigbasket, Dunzo and Otipy, 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
Instant delivery of groceries and essentials is facilitated online.
domain founded_year HQ Location
Food and grocery items are ordered via an online network.
domain founded_year HQ Location
Personal and household products are delivered via an e-commerce platform.
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.
domain founded_year HQ Location
Grocery products are provided via an online digital storefront.
domain founded_year HQ Location
Provider of online platform offering grocery, household items, cakes, and flowers
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Goodbox

When was Goodbox founded?

Goodbox was founded in 2015.

Where is Goodbox located?

Goodbox is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Is Goodbox a funded company?

Goodbox is a funded company, having raised a total of $4.28M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Jan 10, 2015.

How many employees does Goodbox have?

As of Apr 07, 2024, the latest employee count at Goodbox is 26.

What is the annual revenue of Goodbox?

Annual revenue of Goodbox is $213.11K as on Mar 31, 2021.

What does Goodbox do?

Goodbox was established in 2015 in Bengaluru, India, within the e-commerce sector. A hyperlocal platform is operated to link customers with nearby merchants. Orders for diverse goods are facilitated through the service, with home deliveries arranged from trusted local sources. Operations emphasize community-based commerce, supporting direct merchant-customer interactions in urban areas.

Who are the top competitors of Goodbox?

Goodbox's top competitors include Swiggy, Bigbasket and Blinkit.

How many acquisitions has Goodbox made?

Goodbox has made 1 acquisition, including Smartpocket.

Who are Goodbox's investors?

Goodbox has 8 investors. Key investors include Nexus Venture Partners, Udayavani, Mekin Maheshwari, Aprameya Radhakrishna, and Charan Padmaraju.

What is Goodbox's valuation?

The valuation of Goodbox is $3.27M as of Jan 2020.

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