About GullyBuy
GullyBuy is a company based in Pune (India) founded in 2019 was acquired by Hesa in April 2022. GullyBuy has raised $544.44 thousand across 1 funding round from investors including Hesa and SEED. GullyBuy offers products and services including Cockroach Killer Gel, Wire-Free Push-Up Bra, Oval Green Crystal Necklace, and Hair Straightener Comb. GullyBuy operates in a competitive market with competitors including Bigbasket, Otipy, DealShare, Milkbasket and Daily Ninja, among others.
- Headquarter Pune, India
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Sectors
Retail
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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 Gullybuy Software Private Limited
- Date of Incorporation 23 Oct, 2019
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$71.29 K (USD)18345.52as on Mar 31, 2024
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Net Profit
$69.85 K (USD)1091.27as on Mar 31, 2024
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EBITDA
-$1.24 K (USD)82.83as on Mar 31, 2024
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Total Equity Funding
$544.44 K (USD)
in 1 rounds
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Latest Funding Round
$544.44 K (USD), Seed
Sep 15, 2020
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Investors
Hesa
& 1 more
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Employee Count
Not available
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Acquired by
Hesa
(Apr 20, 2022)
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Products & Services of GullyBuy
GullyBuy offers a comprehensive portfolio of products and services, including Cockroach Killer Gel, Wire-Free Push-Up Bra, Oval Green Crystal Necklace, and Hair Straightener Comb.
Insecticide gel designed to eliminate cockroaches effectively.
Comfortable bra for everyday wear without marks on skin.
Pendant set with crystals for fashion accessories.
Comb brush for straightening hair quickly and easily.
Funding Insights of GullyBuy
GullyBuy has successfully raised a total of $544.44K through 1 strategic funding round. The most recent funding activity was a Seed round of $544.44 thousand completed in September 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.
Investors in GullyBuy
GullyBuy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hesa and SEED.
| Investor | Description | Founded Year | Domain | Location |
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Environment campaign services are provided by SEED in Berlin.
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Provider of fintech and agritech company to connect rural communities with urban businesses
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Investor details for GullyBuy
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Investments & Acquisitions by GullyBuy
Investment portfolio details for GullyBuy
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Financial Statements - GullyBuy
Detailed financials for GullyBuy
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Gullybuy Comparisons
Peer comparison for GullyBuy
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Competitors of GullyBuy
GullyBuy 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 Bigbasket, Otipy, DealShare, Milkbasket and Daily Ninja, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Personal and household products are delivered via an e-commerce platform.
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Grocery products are provided via an online digital storefront.
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Online social deal-sharing platform for multi-category products
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Daily grocery essentials are delivered through an online subscription platform.
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Daily essentials are delivered through hyper-local subscriptions.
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Provider of online platform offering grocery, household items, cakes, and flowers
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Detailed competitors of GullyBuy
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Latest news on Gullybuy
Complete news archive for GullyBuy
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Frequently Asked Questions about GullyBuy
GullyBuy was founded in 2019 and raised its 1st funding round 1 year after it was founded.
GullyBuy is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
GullyBuy is a funded company, having raised a total of $544.44K across 1 funding round to date.
Annual revenue of GullyBuy is $71.29K as on Mar 31, 2024.
GullyBuy is an app-based platform offering grocery products. Its product offerings include vegetables, bakery items, sweets, dairy essentials, fruits, and more. All the products are sourced from the local neighborhood stores. The users can pay online or by cash through the application. It also allows the users to pick the products from the stores or delivered to the addresses. The company offers mobile applications for Android and IOS devices.
GullyBuy offers Cockroach Killer Gel, Wire-Free Push-Up Bra, Oval Green Crystal Necklace, and Hair Straightener Comb.