About Hanchens
Hanchens is a company based in Gurugram (India) founded in 2020. It operates as a B2C. Hanchens has raised $103.12 thousand across 1 funding round from investors including India Accelerator, Kuldeep Kaushik and Rudraksh Ventures. The company has 1 employees as of March 31, 2022. Hanchens operates in a competitive market with competitors including Swiggy, EasyMovr, Kooriee and HUMhain, among others.
- Headquarter Gurugram, India
- Employees 1 as on 31 Mar, 2022
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Cloudrelish Private Limited
- Date of Incorporation 14 Jul, 2020
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$157.52 K (USD)33013.25as on Mar 31, 2022
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Net Profit
-$54.14 K (USD)-105.82as on Mar 31, 2022
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EBITDA
-$30 K (USD)-35.2as on Mar 31, 2022
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Total Equity Funding
$103.12 K (USD)
in 1 rounds
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Latest Funding Round
$103.12 K (USD), Seed
Aug 17, 2021
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Investors
India Accelerator
& 16 more
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Employee Count
1
as on Mar 31, 2022
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Funding Insights of Hanchens
Hanchens has successfully raised a total of $103.12K through 1 strategic funding round. The most recent funding activity was a Seed round of $103.12 thousand completed in August 2021. 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 Seed — $103,122
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First Round
First Round
(17 Aug 2021)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Hanchens | Valuation | India Accelerator , Vikram Duggal |
Investors in Hanchens
Hanchens has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include India Accelerator, Kuldeep Kaushik and Rudraksh Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
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Early-stage tech investments in Denmark are made by Scale Capital.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hanchens
Financial Statements - Hanchens
Hanchens Comparisons
Competitors of Hanchens
Hanchens 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 Swiggy, EasyMovr, Kooriee and HUMhain, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food and grocery items are ordered via an online network.
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| domain | founded_year | HQ Location |
Operates an app-based platform for B2B courier delivery services.
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| domain | founded_year | HQ Location |
Offers same-day local delivery services for small-sized items.
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| domain | founded_year | HQ Location |
On-demand hyperlocal deliveries are facilitated via a mobile app platform.
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Latest news on Hanchens
Frequently Asked Questions about Hanchens
Hanchens was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Hanchens is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Hanchens is a funded company, having raised a total of $103.12K across 1 funding round to date. The company's 1st funding round was a Seed of $103.12K, raised on Aug 17, 2021.
As of Mar 31, 2022, the latest employee count at Hanchens is 1.
Annual revenue of Hanchens is $157.52K as on Mar 31, 2022.
Hanchens operates with a B2C model, focusing on leveraging cutting-edge technology, operating online marketplaces, offering delivery services, and app-based logistics. Provides an app-based platform for B2C delivery services to consumers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Hanchens has 17 investors. Key investors include India Accelerator, Kuldeep Kaushik, Rudraksh Ventures, Scale Capital, and Vikram Duggal.
The valuation of Hanchens is $3.39M as of Aug 2021.