About Imandi
Imandi is a company based in Bengaluru (India) founded in 1999 by Raghav Kher. It operates as a B2C. Imandi has raised $35 million across 2 funding rounds from investors including Menlo Ventures, Madrona and BDMI. Imandi operates in a competitive market with competitors including Airtasker, eLocal, Romio, TalkLocal and Sydetasker, among others.
- Headquarter Bengaluru, India
- Founders Raghav Kher
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Sectors
Business Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Jun 01, 2000
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Investors
Menlo Ventures
& 4 more
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Employee Count
Employee Count
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Funding Insights of Imandi
Imandi has successfully raised a total of $35M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in June 2000. 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 2
- Last Round Series B — $20.0M
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First Round
First Round
(01 Oct 1999)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2000 | Amount | Series B - Imandi | Valuation |
investors |
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| Oct, 1999 | Amount | Series A - Imandi | 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 Imandi
Imandi has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Menlo Ventures, Madrona and BDMI. 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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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location | |
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location | |
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Venture capital investments are provided by BDMI to technology companies.
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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 Imandi
| 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 - Imandi
| 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 |
Imandi Comparisons
Competitors of Imandi
Imandi 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 Airtasker, eLocal, Romio, TalkLocal and Sydetasker, 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 |
Local service professionals are hired via an online task platform.
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| domain | founded_year | HQ Location |
Online lead generation platform for local businesses
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| domain | founded_year | HQ Location |
Referral-based online platform for local service lead generation is provided.
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| domain | founded_year | HQ Location |
Online lead generation platform for multi-local services is provided.
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| domain | founded_year | HQ Location |
Platform for hiring taskers for home services, repairs, and odd jobs quickly.
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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 Imandi
When was Imandi founded?
Imandi was founded in 1999.
Where is Imandi located?
Imandi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Imandi?
Raghav Kher is the current CEO of Imandi. They have also founded this company.
Is Imandi a funded company?
Imandi is a funded company, having raised a total of $35M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Oct 01, 1999.
What does Imandi do?
Imandi, established in 1999, excels in operating online marketplaces, marketplaces, service platforms, and local services. Operates as a marketplace connecting users with local service providers. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Imandi?
Who are Imandi's investors?
Imandi has 5 investors. Key investors include Menlo Ventures, Madrona, BDMI, Northwest Venture Associates, and Vulcan Capital.
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