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 as of April 06, 2024. 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 as on 06 Apr, 2024
- Founders Palamadi Ramachandran Ganapathy, Aniket Doegar
- Stage Minicorn
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Sectors
Government & Social Sector
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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 Haqdarshak Empowerment Solutions Private Limited
- Date of Incorporation 06 Jan, 2016
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$3.37 M (USD)81.12as on Mar 31, 2023
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Net Profit
$164.87 K (USD)120.87as on Mar 31, 2023
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EBITDA
$386.89 K (USD)148.21as on Mar 31, 2023
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Total Equity Funding
$3.29 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Acumen
& 44 more
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Employee Count
234
as on Apr 06, 2024
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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
People of Haqdarshak
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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 Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(30 Jun 2016)
- Investors Count 45
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Grant - Haqdarshak | Valuation |
investors |
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| Apr, 2023 | Amount | Series A - Haqdarshak | Valuation | HiiL , Acumen | |
| Jan, 2023 | Amount | Angel Round - Haqdarshak | Valuation | Namita Thapar |
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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 |
|---|---|---|---|---|
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Entrepreneurship support, ecosystem strengthening, and impact investing services are offered by Village Capital.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Seed and early stage impact VC firm investing in the US and India
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Founded Year | Domain | Location |
Investments & Acquisitions by Haqdarshak
Financial Statements - Haqdarshak
Haqdarshak Comparisons
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 year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Government contract proposals are managed through AI-driven opportunity evaluation.
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| domain | founded_year | HQ Location |
Eligibility for food stamps is assessed through an online platform.
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| domain | founded_year | HQ Location |
Sweetspot is focused on AI solutions for government contracting.
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| domain | founded_year | HQ Location |
A mobile app designed for streamlined procurement management in businesses.
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| domain | founded_year | HQ Location |
Online civic engagement platform for government schemes information
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Latest news on Haqdarshak
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 $121.55K, raised on Jun 30, 2016.
As of Apr 06, 2024, the latest employee count at Haqdarshak is 234.
Annual revenue of Haqdarshak is $3.37M as on Mar 31, 2023.
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.