About Haqdarshak
Haqdarshak is a company based in Bengaluru (India) founded in 2015 by Palamadi Ramachandran Ganapathy and Aniket Doegar. Haqdarshak has raised $3.29 million across 6 funding rounds from investors including Acumen, ACT Grants and Deepak Group. The company has 234 employees. Haqdarshak offers products and services including Haqdarshak App, Yojana Card, and MSME Platform. Haqdarshak operates in a competitive market with competitors including Capture2Proposal, mRelief, Sweetspot, TenChat and Benny API, among others.
- Headquarter Bengaluru, India
- Employees 234
- Founders Palamadi Ramachandran Ganapathy, Aniket Doegar
- Stage Minicorn
- SectorsGovernment & Social Sector
- Email••••••••
- Phone•••• ••••
- Website haqdarshak.com
- Social LinkedIn X Facebook Instagram
- Legal Name Haqdarshak Empowerment Solutions Private Limited
- Date of Incorporation 06 Jan, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹36.84 Cr
FY 2024 · +31% YoY
- Net Loss-₹2.29 Cr
FY 2024 · -6% margin
- EBITDA-₹0.41 Cr
FY 2024 · -1% margin
- Total Equity Funding$3.29M (USD)
in 6 rounds
- InvestorsAcumen
& 44 more
- Employee Count234
Associated legal entities of Haqdarshak
Haqdarshak operates through Haqdarshak Empowerment Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Haqdarshak Empowerment Solutions Private Limited CIN U74900KA2016PTC085114 | Active | 06 Jan 2016 | Bangalore, Karnataka | ₹36.8 Cr | 234 | 4 | View details |
Products & Services of Haqdarshak
Haqdarshak offers a comprehensive portfolio of products and services, including Haqdarshak App, Yojana Card, and MSME Platform.
Mobile app for accessing and applying to government schemes
Physical card for welfare services and financial access
Online service for MSME scheme applications and documentation
Funding Insights of Haqdarshak
Haqdarshak has successfully raised a total of $3.29M across 6 strategic funding rounds. 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 $3.29M
- Total Rounds 6
- First Round $191,801
(Jun 2016)
- Investors Count 45
All 6 funding rounds of Haqdarshak 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 |
|---|---|---|---|---|---|
| Jun 2023 | – | Grant | – | – | |
| Apr 2023 | $1.61M | Series A | $7.73M | HiiL, Acumen | |
| Jan 2023 | $121,551 | Angel Round | $24.31M | Namita Thapar | – |
| Jun 2021 | $910,345 | Seed | $••••• | Deepak Group, Beyond Capital Fund | |
| Jun 2020 | $448,693 | Seed | $••••• | Acumen | |
| Jun 2016 | $191,801 | Angel Round | $••••• | Sandeep Raju |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2023 | $7.73M | •••••••• |
| Jan 2023 | $24.31M | •••••••• |
| Jun 2021 | $••••• | •••••••• |
| Jun 2020 | $••••• | •••••••• |
| Jun 2016 | $••••• | •••••••• |
Full valuation and stage history of Haqdarshak
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $7.73M (Apr 2023). 45 investors in total: 17 institutional and 28 angel.
Investors in Haqdarshak
Haqdarshak has secured backing from 45 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Acumen, ACT Grants and Deepak Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Entrepreneurship support, ecosystem strengthening, and impact investing services are offered by Village Capital. | – | vilcap.com | - | |
Venture capital fund focused on multiple sectors | 2001 | acumen.org | New York, United States | |
Seed and early stage impact VC firm investing in the US and India | – | beyondcapitalfund.org | Dallas, United States | |
Early-stage investment fund providing seed funding and mentorship to Indian startups. | 2021 | thaparvision.com | Pune, India | |
- | – | first-step-ventures.com | - | |
- | – | 3ipartners.vc | - | |
Seed capital grants are provided to incubate and accelerate innovations. | 2020 | actgrants.in | Bengaluru, India | |
Impact investments are directed toward UK and Indian tech companies. | – | impactinvestmentpartners.com | London, United Kingdom | |
Startup acceleration programs and seed financing are provided in India. | – | upayasv.org | Seattle, United States | |
Provider of legal consulting services | 2005 | hiil.org | The Hague, Netherlands |
Investor details for Haqdarshak
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Haqdarshak Empowerment Solutions Private Limited (Haqdarshak)
Haqdarshak Empowerment Solutions Private Limited is the primary company behind Haqdarshak. The board of Haqdarshak Empowerment Solutions Private Limited currently have 4 directors; the longest-serving is Aniket Doegar, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aniket Doegar DIN 06881839 | Director | 06 Jan 2016 | 10 yrs 9 mo | Haqdarshak Empowerment Solutions Private Limited |
| Ravi Saxena DIN 00130084 | Director | 26 Aug 2020 | 6 yrs 1 mo | Haqdarshak Empowerment Solutions Private Limited |
| Ruchi Meghav Mehta DIN 09209166 | Director | 25 Jun 2021 | 5 yrs 3 mo | Haqdarshak Empowerment Solutions Private Limited |
| Mahesh Yagnaraman DIN 00132976 | Director | 11 Oct 2023 | 2 yrs 11 mo | Haqdarshak Empowerment Solutions Private Limited |
People of Haqdarshak
24 people are tracked at Haqdarshak (12 in leadership, 12 in team); the tracked headcount is 234.
| Name | Role | Group |
|---|---|---|
Palamadi Ramachandran Ganapathy | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
P R Ganapathy | Co-Founder | Leadership |
Mirza Owais Baig | Associate Vice President | Leadership |
Shilpi Patni | Vice President | Leadership |
Madhura Karnik | Chief Growth Officer | Leadership |
Surabhi Kakrania | Chief Financial Officer | Leadership |
Savita Muley | Chief Technology Officer | Leadership |
Prakash Singh | Associate Vice President | Leadership |
Prabhu Kunwar Singh | Assistant Vice President- Growth & Partnerships | Leadership |
Yathartha Gupta | Executive Assistant To Chief Executive Officer | Leadership |
Shweta Jain Chaudhury | President - Data & Analytics | Leadership |
Prerna Killedar | Assistant Manager Program Design | Team |
Ishwari Latey | Senior Associate - Project Design Delivery | Team |
Sanchita Ingawale | Associate Manager | Team |
Aishwarya Agarwal | Program Manager | Team |
Neha Pahal | Associate Manager-cam | Team |
Prakash Dabade | Sr. Manager-finance& Accounts | Team |
Prashant Bhide | Senior Manager | Team |
Urvi Lahoti | Product Manager | Team |
4 more people are available in the full profile.
Complete people profiles for Haqdarshak
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Haqdarshak
Figures of Haqdarshak Empowerment Solutions Private Limited, the primary company behind Haqdarshak, for FY 2024. Revenue was ₹36.84 Cr (+31% year on year). Net loss was -₹2.29 Cr (-6% margin). EBITDA was -₹0.41 Cr (-1% margin). Revenue has grown at a compounded annual rate of +44% over three years and +42% over five years.
- ₹36.84 CrRevenue · FY 2024 · +31% YoY
- -₹2.29 CrNet loss · -6% margin
- -₹0.41 CrEBITDA · -1% margin
- ₹0.10 CrPaid-up capital
- 234Employees (provident fund records)
- +44%Revenue CAGR, 3 years
- +42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Haqdarshak Empowerment Solutions Private Limited are on its company page.
Detailed financial statements for Haqdarshak
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Haqdarshak
4 dated milestones of Haqdarshak across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Haqdarshak is founded.
- Funding First funding round of $192K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Grant,.
Competitors of Haqdarshak
Haqdarshak 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 Capture2Proposal, mRelief, Sweetspot, TenChat and Benny API, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| capture2proposal.com | 2015 | San Diego, United States | $4M | – | Government contract proposals are managed through AI-driven opportunity evaluation. | |
| mrelief.com | 2014 | Chicago, United States | $120,000 | – | Eligibility for food stamps is assessed through an online platform. | |
| sweetspot.so | 2023 | San Francisco, United States | $500,000 | – | Sweetspot is focused on AI solutions for government contracting. | |
| tenchat.ru | 2020 | Russia | – | – | A mobile app designed for streamlined procurement management in businesses. | |
| bennyapi.com | 2022 | – | – | – | Online civic engagement platform for government schemes information | |
| jtsec.com.cn | 1997 | Beijing, China | – | – | Information management systems for government sectors are provided. | |
| bidstats.uk | 2020 | United Kingdom | – | 1 | Government tender information is accessed via an online portal. |
Detailed competitors of Haqdarshak
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Haqdarshak
The website of Haqdarshak (haqdarshak.com) receives about 10.5K visits a month.
- Monthly visits10.5K
▼ 42.3% vs previous month
Websites whose visitors overlap most with Haqdarshak. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mescindia.org | mescindia.org | 100% | – | #2,031,864 | – |
Latest news on Haqdarshak
Complete news archive for Haqdarshak
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Haqdarshak
10 companies that operate in the same segment as Haqdarshak (GovTech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Axon is focused on developing public safety technology solutions. | 1993 | Scottsdale, Arizona, United States | – | USD 2.78 B | 4,100 | |
Administrative tools and civic engagement platforms are provided to governments. | 1999 | San Ramon, California, United States | USD 235.62 M | – | – | |
Cloud-based software for visualizing municipal financial data is provided. | 2012 | Redwood City, California, United States | USD 182.12 M | USD 2.39 M | 90 | |
A platform for connecting homeowners with local service professionals is operated. | 2011 | Kansas City, Missouri, United States | USD 30.55 M | – | – | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Online emergency communication and response system | 2012 | New York, New York, United States | USD 507.54 M | – | – | |
Public safety is managed via cloud-based vehicle surveillance systems. | 2017 | Atlanta, Georgia, United States | USD 657.58 M | – | – | |
AI-based solutions for government decision-making are provided using citizen feedback. | 2014 | Tel Aviv, Israel | USD 94.7 M | – | – | |
A mobile-based payment platform is provided for government agencies. | 2013 | Kansas City, Missouri, United States | USD 271.85 M | – | – | |
Website development, HR management, and emergency notification systems for government agencies | 1998 | Manhattan, New York, United States | USD 456.29 M | – | – |
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Frequently Asked Questions about Haqdarshak
Haqdarshak was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Haqdarshak is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Aniket Doegar is the current CEO of Haqdarshak. They have also founded this company.
Haqdarshak is a funded company, having raised a total of $3.29M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $191.8K, raised on Jun 2016.
Haqdarshak has 234 employees.
The primary company behind Haqdarshak, Haqdarshak Empowerment Solutions Private Limited, reported revenue of ₹36.84 Cr for FY 2024, up 31% year on year.
Haqdarshak was founded in 2015 in Bengaluru, India, as a technology platform focused on welfare schemes. A database of schemes is maintained, alongside a rules engine that matches beneficiary profiles to eligible options. Connections between MSMEs and private financing are facilitated, while assistance in application preparation and document creation is provided through a mobile application. Coverage includes subsidies, loans, incubations, licenses, certificates, and registrations.
Haqdarshak's top competitors include mRelief, Sweetspot and Capture2Proposal.
Haqdarshak offers Haqdarshak App, Yojana Card, and MSME Platform.
Haqdarshak has 45 investors. Key investors include Acumen, ACT Grants, Deepak Group, HiiL, and Thapar Vision.
The valuation of Haqdarshak is $7.73M as of Apr 2023.
Haqdarshak operates through Haqdarshak Empowerment Solutions Private Limited.