About GoPigeon
GoPigeon is a company based in Bengaluru (India) founded in 2015 was acquired by Narvar in August 2017.. GoPigeon has raised $1.5 million across 1 funding round from investors including Narvar and Nexus Venture Partners. The company has 48 employees as of April 06, 2024. GoPigeon operates in a competitive market with competitors including Delhivery, XpressBees, Prozo, Parcellab and Smartr Logistics, among others.
- Headquarter Bengaluru, India
- Employees 48 as on 06 Apr, 2024
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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
*********
- Legal Name Balodis Technologies Private Limited
- Date of Incorporation 06 Aug, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$553.84 K (USD)-74.43as on Mar 31, 2018
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Net Profit
$2.93 K (USD)100.28as on Mar 31, 2018
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EBITDA
$-292.89 K (USD)70.76as on Mar 31, 2018
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Sep 15, 2016
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Investors
Narvar
& 1 more
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Employee Count
48
as on Apr 06, 2024
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Acquired by
Narvar
(Aug 29, 2017)
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Funding Insights of GoPigeon
GoPigeon has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in September 2016. 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 — $1.5M
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First Round
First Round
(15 Sep 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Seed - GoPigeon | Valuation |
investors |
| 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 GoPigeon
GoPigeon has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Narvar and Nexus Venture Partners. 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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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Provider of post-purchase software solutions for retailers
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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 GoPigeon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - GoPigeon
| 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 |
Gopigeon Comparisons
Competitors of GoPigeon
GoPigeon 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 Delhivery, XpressBees, Prozo, Parcellab and Smartr Logistics, 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 |
Integrated logistics services including parcel delivery and warehousing are provided.
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| domain | founded_year | HQ Location |
End-to-end logistics delivery and courier solutions are provided.
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| domain | founded_year | HQ Location |
Online platform offering wholesale and business-focused e-commerce solutions
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| domain | founded_year | HQ Location |
Connects online merchants with their customers
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| domain | founded_year | HQ Location |
Door-to-door delivery services for businesses and documents are provided.
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| domain | founded_year | HQ Location |
Platform offering logistics and supply chain management 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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Latest news on Gopigeon
Frequently Asked Questions about GoPigeon
When was GoPigeon founded?
GoPigeon was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is GoPigeon located?
GoPigeon is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is GoPigeon a funded company?
GoPigeon is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Sep 15, 2016.
How many employees does GoPigeon have?
As of Apr 06, 2024, the latest employee count at GoPigeon is 48.
What is the annual revenue of GoPigeon?
Annual revenue of GoPigeon is $553.84K as on Mar 31, 2018.
What does GoPigeon do?
GoPigeon, re-branded from PiGen, is an app based platform which provides on-demand first mile logistics service which includes free pickup from home or office, packaging and shipping services for goods under 10kgs. Customer needs to send pictures of the item to be shipped and the team takes care of the packaging and shipping of the products. Offers its services in Bangalore only as of Feb 2016. Got acquired by Narvar in Aug17.
Who are the top competitors of GoPigeon?
GoPigeon's top competitors include Delhivery, XpressBees and Prozo.
Who are GoPigeon's investors?
GoPigeon has 2 investors. Key investors include Narvar, and Nexus Venture Partners.