HopOn

Bengaluru, India Founded: 2012 • Age: 14 yrs
Employee transportation is managed via SaaS-enabled solutions for corporates.
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About HopOn

HopOn is a company based in Bengaluru (India) founded in 2012.. HopOn has raised $120.31 thousand across 2 funding rounds from investors including Times Internet and TLabs. The company has 1 employees as of April 03, 2024. HopOn operates in a competitive market with competitors including VOLL, Fleet Star, Fleet, RideAmigos and TaxiVaxi, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 03 Apr, 2024
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Creshya Technologies Private Limited
  • Date of Incorporation 09 Oct, 2012
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
    $4.18 M (USD)
    30.4
    as on Mar 31, 2020
  • Net Profit
    $106.15 K (USD)
    58.3
    as on Mar 31, 2020
  • EBITDA
    $139.68 K (USD)
    50.68
    as on Mar 31, 2020
  • Total Equity Funding
    $120.31 K (USD)

    in 2 rounds

  • Latest Funding Round
    $75.45 K (USD), Seed

    Jul 12, 2016

  • Investors
  • Employee Count
    1

    as on Apr 03, 2024

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Funding Insights of HopOn

HopOn has successfully raised a total of $120.31K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $75.45 thousand completed in July 2016. 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 Rounds 2
  • Last Round Seed — $75,448
  • First Round

    (17 Nov 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2016 Amount Seed - HopOn Valuation TLabs , Times Internet
Nov, 2015 Amount Seed - HopOn Valuation TLabs , Times Internet
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in HopOn

HopOn has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Times Internet and TLabs. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Consumer internet startups are accelerated and funded by TLabs.
Founded Year Domain Location
Provider of digital content, advertising solutions, and technology services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HopOn

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - HopOn

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hopon Comparisons

Employees
+
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Competitors of HopOn

HopOn 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 VOLL, Fleet Star, Fleet, RideAmigos and TaxiVaxi, 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
Mobility solutions for corporates are facilitated via a marketplace.
domain founded_year HQ Location
Offers employee transportation management solutions for businesses.
domain founded_year HQ Location
Employee transportation management solutions are provided for workforce commutes.
domain founded_year HQ Location
Offers commute management platform for employers and TDM organizations.
domain founded_year HQ Location
Taxi-hailing services are facilitated via an online platform.
domain founded_year HQ Location
Shared-mobility services are enabled for enterprises via SaaS.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hopon

Frequently Asked Questions about HopOn

When was HopOn founded?

HopOn was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is HopOn located?

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

Is HopOn a funded company?

HopOn is a funded company, having raised a total of $120.31K across 2 funding rounds to date. The company's 1st funding round was a Seed of $44.86K, raised on Nov 17, 2015.

How many employees does HopOn have?

As of Apr 03, 2024, the latest employee count at HopOn is 1.

What is the annual revenue of HopOn?

Annual revenue of HopOn is $4.18M as on Mar 31, 2020.

What does HopOn do?

HopOn was founded in 2012 in Bengaluru, India, and operates in the employee transportation management sector. End-to-end solutions are provided through a SaaS platform, including features such as live tracking and SOS alerts. Services are tailored for corporate clients, with examples including TE Connectivity and Sadvine Technologies. Operations focus on streamlining transport logistics across organizations in the region.

Who are the top competitors of HopOn?

HopOn's top competitors include Fleet, Safetrax and VOLL.

Who are HopOn's investors?

HopOn has 2 investors. Key investors include Times Internet, and TLabs.

What is HopOn's valuation?

The valuation of HopOn is $1.34M as of Jul 2016.

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