Imandi

Bengaluru, India Founded: 1999 • Age: 27 yrs
Operates as a marketplace connecting users with local service providers.

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
  • Sectors
    Business Services
  • Website imandi.com
Key Metrics
  • Total Equity Funding
    $35M (USD)

    in 2 rounds

  • Latest Funding Round
    $20M (USD), Series B

    Jun 2000

  • Investors

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 $35M
  • Total Rounds 2
  • Last Round Series B β€” $20M
  • First Round $15M

    (Oct 1999)

  • Investors Count 5

All 2 funding rounds of Imandi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2000$20MSeries B––
Oct 1999$15MSeries A––
Valuation history

5 investors in total: 5 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
–menlovc.com-
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
–madrona.com-
Venture capital investments are provided by BDMI to technology companies.
–bdmifund.comNew York, United States
Investment bank & venture capital fund focused on multiple sectors
–nwva.comSpokane, United States
Private equity investments are backed by a single-family office firm.
–capital.vulcan.comSeattle, United States
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Investor details for Imandi

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Imandi

1 people are tracked at Imandi (1 in leadership).

NameRoleGroup
Raghav Kher
Founder, CEOLeadership
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Complete people profiles for Imandi

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Imandi

3 dated milestones of Imandi across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Imandi is founded.
  2. Funding First funding round of $15.0M.
  3. Funding Latest funding round, Series B, of $20.0M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
airtasker.com2012Sydney, Australia$56.24M4
Local service professionals are hired via an online task platform.
elocal.com2007Dresher, United States$25M108
Online lead generation platform for local businesses
romio.com2011New York, United States$721,739–
Referral-based online platform for local service lead generation is provided.
talklocal.com2008Potomac, United States$7.8M3
Online lead generation platform for multi-local services is provided.
sydetasker.com2018Milwaukee, United States––
Platform for hiring taskers for home services, repairs, and odd jobs quickly.
markate.com2014Scottsdale, United States––
Operates a digital hub connecting users to local services.
searchtophone.com2005Boulder, United States$150,000–
A voice-based search platform for local products and services.
gonget.com2017Macomb, United States––
Offers an online platform for accessing various local services.
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Detailed competitors of Imandi

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Similar companies to Imandi

10 companies that operate in the same segment as Imandi (Local & Community Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M1,043
App-based pet sitting marketplace
2011Olympia, Washington, United StatesUSD 409.19 M––
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 524.53 M–1,046
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
App based platform to connect users with local service professionals
2008San Francisco, California, United StatesUSD 698.85 M––
Online catering marketplace for enterprises
2007Boston, Massachusetts, United StatesUSD 438.62 M–856
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Operates and franchises fitness clubs
2002–USD 4.49 M–340
Online marketplace that provides home repair & maintenance services
2012New York, New York, United StatesUSD 112.67 M––
Hair coloring kits are provided via an internet-first brand.
2013San Francisco, California, United StatesUSD 248.9 M–247
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Frequently Asked Questions about Imandi

Imandi was founded in 1999.

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

Raghav Kher is the current CEO of Imandi. They have also founded this 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 1999.

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.

Imandi's top competitors include Airtasker, eLocal and Romio.

Imandi has 5 investors. Key investors include Menlo Ventures, Madrona, BDMI, Northwest Venture Associates, and Vulcan Capital.

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