About HelloWorld
HelloWorld is a company based in Bengaluru (India) founded in 2019 by Jitendra Jagadev was acquired by Aurum PropTech in March 2022. It operates as a Subscription Services, and PropTech. HelloWorld has raised $10 million across 1 funding round from investors including NestAway and Aurum PropTech. The company has 128 employees as of April 05, 2024. HelloWorld has completed 2 acquisitions, including StayAbode and TravelEdge. HelloWorld offers products and services including Co-Living Spaces, Student Hostels, and 360Life. HelloWorld operates in a competitive market with competitors including Rukita, PadSplit, Badi, Common and Selina, among others.
- Headquarter Bengaluru, India
- Employees 128 as on 05 Apr, 2024
- Founders Jitendra Jagadev
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Sectors
Real Estate & Construction
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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 Helloworld Technologies India
- Date of Incorporation 06 Mar, 2019
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$7.79 M (USD)24.96as on Mar 31, 2023
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Net Profit
$-1.03 M (USD)44.27as on Mar 31, 2023
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EBITDA
$2.68 M (USD)4920.73as on Mar 31, 2023
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Sep 18, 2019
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Investors
NestAway
& 1 more
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Employee Count
128
as on Apr 05, 2024
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Investments & Acquisitions
StayAbode
& 1 more
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Acquired by
Aurum PropTech
(Mar 24, 2022)
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Products & Services of HelloWorld
HelloWorld offers a comprehensive portfolio of products and services, including Co-Living Spaces, Student Hostels, and 360Life. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Co-living spaces are provided for students and professionals.
Student hostels are offered with all-inclusive living services.
Contactless home-rental solutions are provided for safe living.
Funding Insights of HelloWorld
HelloWorld has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in September 2019. 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 Series A — $10.0M
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First Round
First Round
(18 Sep 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - HelloWorld | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HelloWorld
HelloWorld has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include NestAway and Aurum PropTech. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sector agnostic startup studio accelerator firm
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Founded Year | Domain | Location | |
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Rental properties are booked via an online marketplace platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HelloWorld
HelloWorld has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include StayAbode and TravelEdge. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Co-living spaces are listed and managed via an online platform.
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2016 | ||||
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Travel agency services are provided for various travel needs.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HelloWorld
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Helloworld Comparisons
Competitors of HelloWorld
HelloWorld 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 Rukita, PadSplit, Badi, Common and Selina, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lifestyle residences are provided to revolutionize rental housing solutions.
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| domain | founded_year | HQ Location |
Managed co-living spaces are provided through leased properties from homeowners.
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| domain | founded_year | HQ Location |
AI-driven platform to find shared accommodation
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| domain | founded_year | HQ Location |
Provider of managed co-living spaces
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| domain | founded_year | HQ Location |
Online platform for booking hostel accommodation and co-working spaces for travelers
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| domain | founded_year | HQ Location |
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Helloworld
Frequently Asked Questions about HelloWorld
When was HelloWorld founded?
HelloWorld was founded in 2019.
Where is HelloWorld located?
HelloWorld is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of HelloWorld?
Jitendra Jagadev is the current CEO of HelloWorld. They have also founded this company.
Is HelloWorld a funded company?
HelloWorld is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Sep 18, 2019.
How many employees does HelloWorld have?
As of Apr 05, 2024, the latest employee count at HelloWorld is 128.
What is the annual revenue of HelloWorld?
Annual revenue of HelloWorld is $7.79M as on Mar 31, 2023.
What does HelloWorld do?
HelloWorld, a subsidiary of Nestaway Technologies, is focused on providing co-living spaces and student hostels across India. Operations are conducted in over 19 cities, catering to students and professionals with innovative housing solutions. Services include contactless home-rental options through 360Life, ensuring safety and convenience. The company is expanding capacity through organic growth and acquisitions, targeting 50,000 beds. Community building is emphasized with events and online platforms for tenant engagement.
Who are the top competitors of HelloWorld?
HelloWorld's top competitors include PadSplit, Stanza Living and Housr.
What products or services does HelloWorld offer?
HelloWorld offers Co-Living Spaces, Student Hostels, and 360Life.
How many acquisitions has HelloWorld made?
HelloWorld has made 2 acquisitions, including StayAbode, and TravelEdge.
Who are HelloWorld's investors?
HelloWorld has 2 investors. Key investors include NestAway, and Aurum PropTech.
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