About Grape Information Technology
Grape Information Technology is a company based in Shenzhen (China) founded in 2003 by Yang Weiquan. It operates as a B2C. Grape Information Technology has raised $26.02 million across 3 funding rounds from investors including Lakala, Legend Capital and Decent Capital. Grape Information Technology operates in a competitive market with competitors including Yelp, DDMap, 19Lou, Ffan and 16pinpin.com, among others.
- Headquarter Shenzhen, China
- Founders Yang Weiquan
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Sectors
Business Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.02 M (USD)
in 3 rounds
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Latest Funding Round
$15.02 M (USD), Series B
Aug 08, 2016
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Investors
Lakala
& 2 more
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Employee Count
Employee Count
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Funding Insights of Grape Information Technology
Grape Information Technology has successfully raised a total of $26.02M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15.02 million completed in August 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 3
- Last Round Series B — $15.0M
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First Round
First Round
(01 Apr 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series B - Grape Information Technology | Valuation | Lakala |
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| Dec, 2014 | Amount | Series A - Grape Information Technology | Valuation |
investors |
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| Apr, 2012 | Amount | Angel Round - Grape Information Technology | 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 Grape Information Technology
Grape Information Technology has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Lakala, Legend Capital and Decent Capital. 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 focused on multiple sectors
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Founded Year | Domain | Location | |
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Investment activities are conducted by Decent Capital.
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Founded Year | Domain | Location | |
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POS payment acceptance solution for businesses
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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 Grape Information Technology
| 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.
|
2016 |
Financial Statements - Grape Information Technology
| 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 |
Grape Information Technology Comparisons
Competitors of Grape Information Technology
Grape Information Technology 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 Yelp, DDMap, 19Lou, Ffan and 16pinpin.com, 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 |
Platform for discovering and sharing local businesses
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| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
Online local listing platform
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| domain | founded_year | HQ Location |
Online-to-offline retail is enabled through Ffan's platform for store pickups.
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| domain | founded_year | HQ Location |
A platform for local business and service listings is provided.
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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 Grape Information Technology
Frequently Asked Questions about Grape Information Technology
When was Grape Information Technology founded?
Grape Information Technology was founded in 2003 and raised its 1st funding round 9 years after it was founded.
Where is Grape Information Technology located?
Grape Information Technology is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Is Grape Information Technology a funded company?
Grape Information Technology is a funded company, having raised a total of $26.02M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $1M, raised on Apr 01, 2012.
What does Grape Information Technology do?
Grape Information Technology, established in 2003, excels in leveraging cutting-edge technology, operating online marketplaces, service listings, and local services. An online platform for listing and accessing local services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Grape Information Technology?
Who are Grape Information Technology's investors?
Grape Information Technology has 3 investors. Key investors include Lakala, Legend Capital, and Decent Capital.