About Indiefolio
Data last updated:
Indiefolio is a company based in Mumbai (India) founded in 2015. Indiefolio has raised $725.63 thousand across 5 funding rounds from investors including Adept Engineering Solutions, Jayesh B Desai and Nishith Desai. The company has 10 employees as of January 14, 2025. Indiefolio operates in a competitive market with competitors including Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.
- Headquarter Mumbai, India
- Employees 10 as on 14 Jan, 2025
- Stage Minicorn
- SectorsTechnology
- PhoneLocked
- WebsiteLocked
- SocialLocked
- Legal Name Indiefolio Network Private Limited
- Date of Incorporation 01 Dec, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue$845.83 K (USD)23.77as on Mar 31, 2024
- Net Profit-$117.55 K (USD)52.35as on Mar 31, 2024
- EBITDA-$84.1 K (USD)49.13as on Mar 31, 2024
- Total Equity Funding$725.63 K (USD)
in 5 rounds
- Latest Funding Round$68.61 K (USD), Seed
Mar 30, 2021
- InvestorsAdept Engineering Solutions
& 4 more
- Employee Count10
as on Jan 14, 2025
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Funding Insights of Indiefolio
Indiefolio has successfully raised a total of $725.63K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $68.61 thousand completed in March 2021. 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.
Investors in Indiefolio
Indiefolio has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Adept Engineering Solutions, Jayesh B Desai and Nishith Desai.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of construction management services | Locked | Locked | Locked | |
JB Jayesh B Desai | - | Locked | Locked | Locked |
ND Nishith Desai | Founder of Nishith Desai Associates, prominent angel investor in Indian startups | Locked | Locked | Locked |
Investor details for Indiefolio
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Investments & Acquisitions by Indiefolio
Investment portfolio details for Indiefolio
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Financial Statements - Indiefolio
Detailed financials for Indiefolio
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Indiefolio Comparisons
Peer comparison for Indiefolio
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Competitors of Indiefolio
Indiefolio 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 Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked | Businesses are connected with freelancers via an online marketplace. | |
| Locked | Locked | Locked | Freelance services are facilitated via an online multi-industry marketplace. | |
| Locked | Locked | Locked | Freelancers are matched with employers via an online job platform. | |
| Locked | Locked | Locked | An online marketplace is operated for freelancers in various industries. | |
| Locked | Locked | Locked | Freelance marketplace operated to connect experts with company projects. | |
| Locked | Locked | Locked | Freelancers are matched with clients via an online services platform. |
Detailed competitors of Indiefolio
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Latest news on Indiefolio
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Frequently Asked Questions about Indiefolio
Indiefolio was founded in 2015.
Indiefolio is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Indiefolio is a funded company, having raised a total of $725.63K across 5 funding rounds to date.
As of Jan 14, 2025, the latest employee count at Indiefolio is 10.
Annual revenue of Indiefolio is $845.83K as on Mar 31, 2024.
Founded in 2015 and based in Mumbai, India, Indiefolio operates as an online marketplace in the design sector. Profiles are created by freelancers, detailing skills, experience, education, and services, enabling applications to relevant jobs. Recruiters post openings and select providers according to specific needs, facilitating matches in the freelance ecosystem.
Indiefolio's top competitors include Upwork, Fiverr and Freelancer.
Indiefolio has 5 investors. Key investors include Adept Engineering Solutions, Jayesh B Desai, Nishith Desai, Chaitanya Deshpande, and Srinivasa Rao Aluri.
The valuation of Indiefolio is $3.76M as of Mar 2021.