About Grexter
Grexter is a company based in Bengaluru (India) founded in 2016 by Nikhil Dosi and Pratul Gupta was acquired by Aurum PropTech in February 2022.. Grexter has raised $1.6 million across 3 funding rounds from investors including Venture Catalysts, Aurum PropTech and Amphion Innovations. The company has 1 employees as of April 07, 2024. Grexter has completed 1 acquisition, including i2Stay Co-living. Grexter operates in a competitive market with competitors including Rukita, PadSplit, Badi, Common and Selina, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 07 Apr, 2024
- Founders Nikhil Dosi, Pratul Gupta
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grexter Housing Solutions Private Limited
- Date of Incorporation 10 Dec, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$361.14 K (USD)-2.35as on Mar 31, 2021
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Net Profit
$-426.26 K (USD)13.66as on Mar 31, 2021
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EBITDA
$-203.42 K (USD)66.42as on Mar 31, 2021
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Total Equity Funding
$1.6 M (USD)
in 3 rounds
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Latest Funding Round
$28.07 K (USD), Angel Round
Dec 24, 2019
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Investors
Venture Catalysts
& 92 more
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Employee Count
1
as on Apr 07, 2024
- Investments & Acquisitions
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Acquired by
Aurum PropTech
(Feb 07, 2022)
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Funding Insights of Grexter
Grexter has successfully raised a total of $1.6M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $28.07 thousand completed in December 2019. 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 — $28,069
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First Round
First Round
(13 Aug 2018)
- Investors Count 92
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Angel Round - Grexter | Valuation | Vikas Bohra |
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| Jan, 2019 | Amount | Seed - Grexter | Valuation | Venture Catalysts , Vikas Bohra | |
| Aug, 2018 | Amount | Angel Round - Grexter | Valuation | Vikas Bohra |
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| 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 Grexter
Grexter has secured backing from 93 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Venture Catalysts, Aurum PropTech and Amphion Innovations. 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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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage companies
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Founded Year | Domain | Location | |
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Tech and life sciences focused VC firm investing in geographies such as the US and the UK
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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 Grexter
Grexter has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include i2Stay Co-living. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of managed co-living spaces
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
|
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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Grexter
| 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 |
Grexter Comparisons
Competitors of Grexter
Grexter 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 Rukita, PadSplit, Badi, Common and Selina, 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 |
Lifestyle residences are provided to revolutionize rental housing solutions.
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| domain | founded_year | HQ Location |
Managed co-living spaces are provided through leased properties from homeowners.
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| domain | founded_year | HQ Location |
AI-driven platform to find shared accommodation
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| domain | founded_year | HQ Location |
Provider of managed co-living spaces
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| domain | founded_year | HQ Location |
Online platform for booking hostel accommodation and co-working spaces for travelers
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| domain | founded_year | HQ Location |
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
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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 Grexter
Frequently Asked Questions about Grexter
When was Grexter founded?
Grexter was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Grexter located?
Grexter is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Grexter a funded company?
Grexter is a funded company, having raised a total of $1.6M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $72.3K, raised on Aug 13, 2018.
How many employees does Grexter have?
As of Apr 07, 2024, the latest employee count at Grexter is 1.
What is the annual revenue of Grexter?
Annual revenue of Grexter is $361.14K as on Mar 31, 2021.
What does Grexter do?
Grexter was founded in 2016 in Bengaluru, India, as a provider of managed co-living spaces. Properties are searched and viewings scheduled through the platform. Furnished rooms, WiFi, housekeeping services, and dedicated gaming zones are included among the amenities. Operations focus on the co-living sector, serving users in urban areas with convenient housing options.
Who are the top competitors of Grexter?
Grexter's top competitors include PadSplit, Stanza Living and Housr.
How many acquisitions has Grexter made?
Grexter has made 1 acquisition, including i2Stay Co-living.
Who are Grexter's investors?
Grexter has 93 investors. Key investors include Venture Catalysts, Aurum PropTech, Amphion Innovations, Basant Agro, and India Connection Impex.
What is Grexter's valuation?
The valuation of Grexter is $5.98M as of Dec 2019.