About Greenifit
Greenifit is a company based in Mumbai (India) founded in 2019 by Hitesh Hiran and Vikash Kumar Sharda.. Greenifit has raised $425.57 thousand across 1 funding round from investors including Anjana Devi, Mahaveer Kumar Kanwar Lal Ranka and Mamta Pankajkumar Hiran. Greenifit operates in a competitive market with competitors including Ecofy, Two Point O Capital, Neufin, Trustflow and Amplify Energy Innovations, among others.
- Headquarter Mumbai, India
- Founders Hitesh Hiran, Vikash Kumar Sharda
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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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 Spoctech Green Ventures Private Limited
- Date of Incorporation 02 Apr, 2019
- Jurisdiction Borivali West, Maharashtra, India
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Annual Revenue
$400.7 K (USD)92.66as on Mar 31, 2023
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Net Profit
$-89.54 K (USD)-1493.12as on Mar 31, 2023
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EBITDA
$-264.85 K (USD)-11411.67as on Mar 31, 2023
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Total Equity Funding
$425.57 K (USD)
in 1 rounds
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Latest Funding Round
$425.57 K (USD), Angel Round
Feb 28, 2022
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Investors
& 5 more
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Employee Count
Employee Count
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Funding Insights of Greenifit
Greenifit has successfully raised a total of $425.57K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $425.57 thousand completed in February 2022. 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 Angel Round — $425,571
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First Round
First Round
(28 Feb 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Angel Round - Greenifit | Valuation | Mahaveer Kumar Kanwar Lal Ranka |
| 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 Greenifit
Greenifit has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Anjana Devi, Mahaveer Kumar Kanwar Lal Ranka and Mamta Pankajkumar Hiran. 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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AD
Anjana Devi |
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Founded Year | Domain | Location |
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MK
Mahaveer Kumar Kanwar Lal Ranka |
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Founded Year | Domain | Location |
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MP
Mamta Pankajkumar Hiran |
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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 Greenifit
| 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 - Greenifit
| 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 |
Greenifit Comparisons
Competitors of Greenifit
Greenifit 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 Ecofy, Two Point O Capital, Neufin, Trustflow and Amplify Energy Innovations, 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 |
Financial solutions for the electric vehicle, solar, and SME sectors
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| domain | founded_year | HQ Location |
Financing solutions for energy transition and sustainable growth are provided.
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| domain | founded_year | HQ Location |
Green financing is provided via an online lending platform.
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| domain | founded_year | HQ Location |
AI tools for B2B demand generation, growth hacking, and sales transformation.
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| domain | founded_year | HQ Location |
Operates a solar energy marketplace connecting customers, financers, and manufacturers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Greenifit
When was Greenifit founded?
Greenifit was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Greenifit located?
Greenifit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Greenifit a funded company?
Greenifit is a funded company, having raised a total of $425.57K across 1 funding round to date. The company's 1st funding round was a Angel Round of $425.57K, raised on Feb 28, 2022.
What is the annual revenue of Greenifit?
Annual revenue of Greenifit is $400.7K as on Mar 31, 2023.
What does Greenifit do?
Greenifit was established in 2019 in Mumbai, India, within the sustainable finance sector. A platform is maintained to connect clean technologies with financial options, allowing investments in assets like solar projects and electric vehicles. Operations focus on enabling user participation in green initiatives. A mobile application is provided for real-time monitoring of investments and access to updates on sustainable finance developments.
Who are the top competitors of Greenifit?
Greenifit's top competitors include Ecofy, Two Point O Capital and Neufin.
Who are Greenifit's investors?
Greenifit has 6 investors. Key investors include Anjana Devi, Mahaveer Kumar Kanwar Lal Ranka, Mamta Pankajkumar Hiran, Ruchika Tarawat, and Rishabh Ranka.
What is Greenifit's valuation?
The valuation of Greenifit is $1.39M as of Feb 2022.