About GrandPitstop
GrandPitstop is a company based in Delhi (India) founded in 2015.. GrandPitstop has raised $785.07 thousand across 3 funding rounds from investors including Santosh Chandra, Sachi Thomas and Shobhit Tiwari. GrandPitstop offers products and services including Waterproof Mobile Holder, Paddock Stand, and Air Suspension Seat. GrandPitstop operates in a competitive market with competitors including myTVS, Autodukan, MyAutozone, AutoPortal and Popular auto battery center, among others.
- Headquarter Delhi, India
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Grandpitstop Private Limited
- Date of Incorporation 30 Sep, 2016
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$1.31 M (USD)33.8as on Mar 31, 2023
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Net Profit
$22.84 K (USD)82.36as on Mar 31, 2023
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EBITDA
$-28.97 K (USD)-332.55as on Mar 31, 2023
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Total Equity Funding
$785.07 K (USD)
in 3 rounds
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Latest Funding Round
$288.65 K (USD), Angel Round
Dec 17, 2020
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Investors
Pinaki Ventures
& 13 more
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Employee Count
Employee Count
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Products & Services of GrandPitstop
GrandPitstop offers a comprehensive portfolio of products and services, including Waterproof Mobile Holder, Paddock Stand, and Air Suspension Seat. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handlebar mount for secure mobile device use
Stand for lifting and maintaining bikes
Cushion for enhanced seating in vehicles
Funding Insights of GrandPitstop
GrandPitstop has successfully raised a total of $785.07K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $288.65 thousand completed in December 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 Funding
- Total Rounds 3
- Last Round Angel Round — $288,650
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First Round
First Round
(29 Nov 2018)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Angel Round - GrandPitstop | Valuation | Santosh Chandra , Sachi Thomas | |
| Jun, 2019 | Amount | Angel Round - GrandPitstop | Valuation | James Varghese Abraham , Santosh Chandra | |
| Nov, 2018 | Amount | Seed - GrandPitstop | Valuation | James Varghese Abraham , Pankai Chaddah |
| 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 GrandPitstop
GrandPitstop has secured backing from 14 investors, including angel and venture fund investors. Prominent investors backing the company include Santosh Chandra, Sachi Thomas and Shobhit Tiwari. 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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Angel investments are directed by Pinaki Ventures across diverse sectors.
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Founded Year | Domain | Location | |
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SC
Santosh Chandra |
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Founded Year | Domain | Location |
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ST
Sachi Thomas |
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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 GrandPitstop
| 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 - GrandPitstop
| 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 |
Grandpitstop Comparisons
Competitors of GrandPitstop
GrandPitstop 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 myTVS, Autodukan, MyAutozone, AutoPortal and Popular auto battery center, 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 |
Automotive parts and accessories are retailed by myTVS.
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| domain | founded_year | HQ Location |
Car washing, battery, and windshield cleaning products are provided.
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| domain | founded_year | HQ Location |
Online platform selling automotive accessories with easy returns and delivery.
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| domain | founded_year | HQ Location |
Automobile news, research, comparisons, and second-hand car listings are provided.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in automotive spare parts.
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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 Grandpitstop
Frequently Asked Questions about GrandPitstop
When was GrandPitstop founded?
GrandPitstop was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is GrandPitstop located?
GrandPitstop is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is GrandPitstop a funded company?
GrandPitstop is a funded company, having raised a total of $785.07K across 3 funding rounds to date. The company's 1st funding round was a Seed of $276.31K, raised on Nov 29, 2018.
What is the annual revenue of GrandPitstop?
Annual revenue of GrandPitstop is $1.31M as on Mar 31, 2023.
What does GrandPitstop do?
GrandPitstop was founded in 2015 in Delhi, India, and operates as an online dealer in the aftermarket automotive sector. A range of products is offered, including tubeless tire puncture repair kits, inflation devices, nozzles, and motorbike stands or parking solutions. Patented innovations have been developed, such as motorbike airbags, engine cooling systems, and wheel chokes, targeting automotive tools and accessories.
Who are the top competitors of GrandPitstop?
GrandPitstop's top competitors include Autodukan, myTVS and AutoPortal.
What products or services does GrandPitstop offer?
GrandPitstop offers Waterproof Mobile Holder, Paddock Stand, and Air Suspension Seat.
Who are GrandPitstop's investors?
GrandPitstop has 14 investors. Key investors include Santosh Chandra, Sachi Thomas, Shobhit Tiwari, Amitabh Pandey, and Vishnu Mohan Prasad.
What is GrandPitstop's valuation?
The valuation of GrandPitstop is $7.71M as of Dec 2020.