Identity Direct

Australia Founded: 2003 • Age: 23 yrs Acquired By MySale Group
Multi-category products are retailed online across various sectors.

About Identity Direct

Identity Direct is a company based in Australia founded in 2003 was acquired by MySale Group in April 2017.. Identity Direct operates in a competitive market with competitors including Flipkart, Lazada, Etsy, Myntra and Nykaa, among others.

  • Headquarter Australia
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    MySale Group

    (Apr 06, 2017)

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Funding Insights of Identity Direct

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 Identity Direct

Identity Direct has secured backing from 1 investor. Prominent investors backing the company include MySale Group. 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
Investor Description Founded Year Domain Location
Group company operating flash sales sites in different geographies
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 Identity Direct

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 - Identity Direct

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

Identity Direct Comparisons

Employees
+
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Competitors of Identity Direct

Identity Direct 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 Flipkart, Lazada, Etsy, Myntra and Nykaa, 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
Multi-category consumer products are offered via an online marketplace platform.
domain founded_year HQ Location
Multi-category products are sold via an online marketplace platform.
domain founded_year HQ Location
Online marketplace offering multi-category products from independent designers
domain founded_year HQ Location
Fashion and lifestyle products are offered via an online marketplace.
domain founded_year HQ Location
Cosmetics, skincare, haircare, and wellness products are retailed online.
domain founded_year HQ Location
Multi-category consumer products are sold via an online marketplace.
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 Identity Direct

MySale Group acquires Identity Direct for $2.69m
Cosmeticsbusiness9 years ago

Frequently Asked Questions about Identity Direct

When was Identity Direct founded?

Identity Direct was founded in 2003.

Where is Identity Direct located?

Identity Direct is headquartered in Australia.

What does Identity Direct do?

Identity Direct was established in 2003 and is headquartered in Australia. Operations are centered on e-commerce, where a diverse range of products spanning multiple categories is offered through the domain identitydirect.com. The company functions as an online retailer, providing direct-to-consumer access to goods without physical stores. Focus remains on efficient digital distribution within the retail sector, serving customers primarily in the Australian market.

Who are the top competitors of Identity Direct?

Identity Direct's top competitors include Flipkart, Nykaa and Myntra.

Who are Identity Direct's investors?

Identity Direct has 1 investor. Key investors include MySale Group.

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