HelloWorld

Bengaluru, India Founded: 2019 • Age: 7 yrs Acquired By Aurum PropTech
Fully-managed accommodations are operated with community amenities and flexible leases.
Annual revenue $7.8M Latest available
Total funding $10.0M 1 rounds
Employees 128 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Helloworld Technologies India
  • Date of Incorporation 06 Mar, 2019
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.79 M (USD)
    24.96
    as on Mar 31, 2023
  • Net Profit
    -$1.03 M (USD)
    44.27
    as on Mar 31, 2023
  • EBITDA
    $2.68 M (USD)
    4920.73
    as on Mar 31, 2023
  • Total Equity Funding
    $10 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Sep 18, 2019

  • Investors
    NestAway

    & 1 more

  • Employee Count
    128

    as on Apr 05, 2024

  • Investments & Acquisitions
    StayAbode

    & 1 more

  • 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.

Product name locked
Category locked
Primary

Co-living spaces are provided for students and professionals.

Product name locked
Category locked
Locked

Student hostels are offered with all-inclusive living services.

Product name locked
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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sector agnostic startup studio accelerator firm
Locked Locked Locked
Rental properties are booked via an online marketplace platform.
Locked Locked Locked
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Investor details for HelloWorld

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by HelloWorld

HelloWorld has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include StayAbode and TravelEdge.

Investments
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Investment portfolio details for HelloWorld

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Co-living spaces are listed and managed via an online platform.
Locked Locked 2016 Locked
Travel agency services are provided for various travel needs.
Locked Locked 2000 Locked
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Complete acquisition details for HelloWorld

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Financial Statements - HelloWorld

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Detailed financials for HelloWorld

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Helloworld Comparisons

HelloWorld Primary company
Description
Fully-managed accommodations are operated with community ame...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$7.79 M (USD)
Net Profit
-$1.03 M (USD)
EBITDA
$2.68 M (USD)
Employees
128
As of 2024
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Peer comparison for HelloWorld

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Lifestyle residences are provided to revolutionize rental housing solutions.
Locked Locked Locked
Managed co-living spaces are provided through leased properties from homeowners.
Locked Locked Locked
AI-driven platform to find shared accommodation
Locked Locked Locked
Provider of managed co-living spaces
Locked Locked Locked
Online platform for booking hostel accommodation and co-working spaces for travelers
Locked Locked Locked
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
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Detailed competitors of HelloWorld

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Latest news on Helloworld

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Complete news archive for HelloWorld

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Frequently Asked Questions about HelloWorld

HelloWorld was founded in 2019.

HelloWorld is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Jitendra Jagadev is the current CEO of HelloWorld. They have also founded this company.

HelloWorld is a funded company, having raised a total of $10M across 1 funding round to date.

As of Apr 05, 2024, the latest employee count at HelloWorld is 128.

Annual revenue of HelloWorld is $7.79M as on Mar 31, 2023.

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.

HelloWorld's top competitors include PadSplit, Stanza Living and Housr.

HelloWorld offers Co-Living Spaces, Student Hostels, and 360Life.

HelloWorld has made 2 acquisitions, including StayAbode, and TravelEdge.

HelloWorld has 2 investors. Key investors include NestAway, and Aurum PropTech.

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