About Hiker
Hiker is a company based in Bengaluru (India) founded in 2000 by Mohan Rajshekar and Mahendra Jolapara was acquired by Varroc in March 2018.. Hiker operates in a competitive market with competitors including Akar Tools, Speed-A-Way, Kwik Patch, Sumaxindia and Ameya Finishing Solutions, among others.
- Headquarter Bengaluru, India
- Founders Mohan Rajshekar, Mahendra Jolapara
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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- Legal Name Team Concepts Private Limited
- Date of Incorporation 23 Feb, 2000
- Jurisdiction Bangalore, Karnataka, India
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Funding Insights of Hiker
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Hiker
Hiker has secured backing from 1 investor. Prominent investors backing the company include Varroc. 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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Automotive components including lighting and powertrain parts are manufactured.
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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.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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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 Hiker
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 |
Financial Statements - Hiker
| 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 |
Hiker Comparisons
Competitors of Hiker
Hiker 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 Akar Tools, Speed-A-Way, Kwik Patch, Sumaxindia and Ameya Finishing Solutions, 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 |
Manufactures hand tools
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| domain | founded_year | HQ Location |
Produces high-quality aftermarket automotive lubricants, bearings, and accessories.
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| domain | founded_year | HQ Location |
Produces tire repair kits, industrial gloves, and heavy textiles for various industries.
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| domain | founded_year | HQ Location |
Manufactures and supplies automotive OEM and auto refinish products globally.
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| domain | founded_year | HQ Location |
Provides CED coating for automotive parts with automated facilities in Pune.
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| domain | founded_year | HQ Location |
Manufactures CNG and LPG conversion kits, produces vehicles, supplies parts, and integrates workstations.
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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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Frequently Asked Questions about Hiker
When was Hiker founded?
Hiker was founded in 2000.
Where is Hiker located?
Hiker is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What is the annual revenue of Hiker?
Annual revenue of Hiker is $2.4M as on Mar 31, 2021.
What does Hiker do?
Hiker was established in 2000 in Bengaluru, India, by founders Mohan Rajshekar and Mahendra Jolapara. Operations focus on the production of various automotive aftermarket accessories, including components for vehicle enhancement and maintenance. The company operates within the automotive sector, targeting aftermarket needs across domestic and potential international markets. Manufacturing processes are based in India, with emphasis on accessory diversification for automotive applications.
Who are the top competitors of Hiker?
Hiker's top competitors include Speed-A-Way, Akar Tools and Kwik Patch.
Who are Hiker's investors?
Hiker has 1 investor. Key investors include Varroc.