About GrownOut
GrownOut is a company based in Delhi (India) founded in 2013 was acquired by People Strong in January 2018.. GrownOut operates in a competitive market with competitors including Teamable, Firstbird, Erin, RippleHire and Simppler, among others.
- Headquarter Delhi, India
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Grownout Solutions Private Limited
- Date of Incorporation 28 Jan, 2014
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$30.91 K (USD)14.28as on Mar 31, 2016
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Net Profit
$-288.88 K (USD)-329.78as on Mar 31, 2016
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EBITDA
$-393.28 K (USD)-232.25as on Mar 31, 2016
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Latest Funding Round
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Investors
People Strong
& 2 more
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Employee Count
Employee Count
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Acquired by
People Strong
(Jan 29, 2018)
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Funding Insights of GrownOut
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Series A - GrownOut | Valuation | Z47 |
| 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 GrownOut
GrownOut has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include People Strong, Outbox Ventures and Z47. 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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Seed & early stage tech-focused VC investment company funding companies in India
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Cloud-based human resource management software is offered.
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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 GrownOut
| 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.
|
2016 |
Financial Statements - GrownOut
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grownout Comparisons
Competitors of GrownOut
GrownOut 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 Teamable, Firstbird, Erin, RippleHire and Simppler, 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 |
Candidates are matched to job openings via employee referral networks.
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| domain | founded_year | HQ Location |
Employee referrals are facilitated via an online platform for organizations.
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| domain | founded_year | HQ Location |
Employee referrals are enabled via a cloud-based AI platform.
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| domain | founded_year | HQ Location |
AI-powered cloud solutions for talent acquisition are provided.
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| domain | founded_year | HQ Location |
Provider of a diverse restaurant menu featuring local and international cuisine
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| domain | founded_year | HQ Location |
Boon is recognized as an agile referral hiring platform.
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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 Grownout
Frequently Asked Questions about GrownOut
When was GrownOut founded?
GrownOut was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is GrownOut located?
GrownOut is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
What is the annual revenue of GrownOut?
Annual revenue of GrownOut is $30.91K as on Mar 31, 2016.
What does GrownOut do?
GrownOut was founded in 2013 in Delhi, India, as a cloud-based platform in the HR technology sector. Referral automation and social hiring are supported via employee networks for candidate sourcing. A built-in search engine matches profiles to job requirements, while an applicant tracking system manages candidates. Automated outreach targets preferences, with 12 clients served including Quikr and Ola. Funding was secured from Outbox Ventures and Matrix Partners.
Who are the top competitors of GrownOut?
GrownOut's top competitors include Erin, Teamable and RippleHire.
Who are GrownOut's investors?
GrownOut has 3 investors. Key investors include People Strong, Outbox Ventures, and Z47.
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