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. Hanchens operates in a competitive market with competitors including Swiggy, EasyMovr, Kooriee and HUMhain, among others.
- Headquarter Gurugram, India
- Employees 1
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website hanchens.com
- Social X Facebook
- Legal Name Cloudrelish Private Limited
- Date of Incorporation 14 Jul, 2020
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹1.30 Cr
FY 2022 · +33013% YoY
- Net Loss-₹44.8 Lakh
FY 2022 · -34% margin
- EBITDA-₹38.6 Lakh
FY 2022 · -30% margin
- Total Equity Funding$103.12K (USD)
in 1 rounds
- Latest Funding Round$103.12K (USD), Seed
Aug 2021
- InvestorsIndia Accelerator
& 16 more
- Employee Count1
Associated legal entities of Hanchens
Hanchens operates through Cloudrelish Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cloudrelish Private Limited CIN U15134HR2020PTC087470 | Active | 14 Jul 2020 | Gurgaon, Haryana | ₹1.3 Cr | – | 2 | View details |
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 $103,122
- Total Rounds 1
- Last Round Seed — $103,122
- First Round $103,122
(Aug 2021)
- Investors Count 17
All 1 funding rounds of Hanchens with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $103,122 | Seed | $3.39M | India Accelerator, Vikram Duggal |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2021 | $3.39M | •••••••• |
Last known valuation $3.39M (Aug 2021). 17 investors in total: 3 institutional and 14 angel.
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 |
|---|---|---|---|---|
Startup acceleration, funding, and mentorship services are delivered by India Accelerator. | 2017 | indiaaccelerator.co | Gurugram, India | |
Early-stage tech investments in Denmark are made by Scale Capital. | – | scalecapital.com | Copenhagen, Denmark | |
- | – | rudrakshventures.tcc.mode | - | |
KK Kuldeep Kaushik | - | – | unknown_65a94dd7245945ce8 | - |
VD Vikram Duggal | - | – | unknown_6afaff0b68784503b | - |
AP Anil Prakash Gupta | - | – | unknown_be1e476b6dce4c34b | - |
RB Rajeev Bhargava | - | – | unknown_13df8df66adc4aabb | - |
PP Pranay Prakash | Angel investor and entrepreneur, focused on early-stage Indian startups. | – | unknown_eb96cf26be0e43a89 | - |
SS Sanjoy Sharma | - | – | unknown_e1f31ace5f5d49e99 | - |
SD Satyabrata Das | Angel investor and entrepreneur with focus on tech startups in India. | – | unknown_64f4b1ea4e5b468a9 | - |
Investor details for Hanchens
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cloudrelish Private Limited (Hanchens)
Cloudrelish Private Limited is the primary company behind Hanchens. The board of Cloudrelish Private Limited currently have 2 directors; the longest-serving is Abhishek Kaushik, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Kaushik DIN 08793009 | Director | 14 Jul 2020 | 6 yrs 2 mo | Cloudrelish Private Limited |
| Dimpy Dewan DIN 08793008 | Director | 14 Jul 2020 | 6 yrs 2 mo | Cloudrelish Private Limited |
Financials of Hanchens
Figures of Cloudrelish Private Limited, the primary company behind Hanchens, for FY 2022. Revenue was ₹1.30 Cr (+33013% year on year). Net loss was -₹44.8 Lakh (-34% margin). EBITDA was -₹38.6 Lakh (-30% margin).
- ₹1.30 CrRevenue · FY 2022 · +33013% YoY
- -₹44.8 LakhNet loss · -34% margin
- -₹38.6 LakhEBITDA · -30% margin
- ₹15.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Cloudrelish Private Limited are on its company page.
Detailed financial statements for Hanchens
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Hanchens
3 dated milestones of Hanchens across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Hanchens is founded.
- Funding First funding round of $103K.
- Milestone Reaches Minicorn status.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| swiggy.com | 2014 | Bengaluru, India | $3.54B | 4,953 | Food and grocery items are ordered via an online network. | |
| easymovr.com | 2015 | Ahmedabad, India | – | – | Operates an app-based platform for B2B courier delivery services. | |
| kooriee.com | 2015 | Bengaluru, India | – | 96 | Offers same-day local delivery services for small-sized items. | |
| humhain.com | 2012 | Ludhiana, India | $72,443 | – | On-demand hyperlocal deliveries are facilitated via a mobile app platform. |
Detailed competitors of Hanchens
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Hanchens
Complete news archive for Hanchens
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Hanchens
10 companies that operate in the same segment as Hanchens (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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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 2021.
Hanchens has 1 employees.
The primary company behind Hanchens, Cloudrelish Private Limited, reported revenue of ₹1.30 Cr for FY 2022, up 33013% year on year.
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.
Hanchens operates through Cloudrelish Private Limited.
The legal entities of Hanchens currently have 2 directors, including Abhishek Kaushik, Dimpy Dewan.