About InstaBee
InstaBee is a company based in Hyderabad (India) founded in 2019 by Alexis Priftis and Fredrik Hamilton.. The company has 14 employees as of December 31, 2023. InstaBee offers products and services including Budbee App, Instabox App, and Porterbuddy App. InstaBee operates in a competitive market with competitors including Delhivery, Shadowfax, XpressBees, Ripplr and LoadShare, among others.
- Headquarter Hyderabad, India
- Employees 14 as on 31 Dec, 2023
- Founders Alexis Priftis, Fredrik Hamilton
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Sectors
TechnologyTransportation, Automotive & Logistics Retail
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Email
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Phone
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Website
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Social
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- Legal Name Instantbee Private Limited
- Date of Incorporation 27 Sep, 2018
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$55.03 K (USD)384as on Mar 31, 2022
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Net Profit
$2.03 K (USD)475as on Mar 31, 2022
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EBITDA
$3.44 K (USD)1484as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
14
as on Dec 31, 2023
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Products & Services of InstaBee
InstaBee offers a comprehensive portfolio of products and services, including Budbee App, Instabox App, and Porterbuddy App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for e-commerce deliveries and returns in multiple countries.
App for parcel locker deliveries and easy returns services.
App for scheduled home deliveries with tracking features.
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Funding Insights of InstaBee
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Seed - InstaBee | Valuation | Stena Sessan |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 InstaBee
InstaBee has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Stena Sessan. 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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Long-term value is created by Stena Sessan through responsible investments.
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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 InstaBee
| 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 - InstaBee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Instabee Comparisons
Competitors of InstaBee
InstaBee 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 Delhivery, Shadowfax, XpressBees, Ripplr and LoadShare, 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 |
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| domain | founded_year | HQ Location |
Integrated logistics services including parcel delivery and warehousing are provided.
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| domain | founded_year | HQ Location |
Express delivery logistics solutions are provided for businesses and individuals.
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| domain | founded_year | HQ Location |
End-to-end logistics delivery and courier solutions are provided.
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| domain | founded_year | HQ Location |
End-to-end distribution and logistics solutions are provided across industries.
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| domain | founded_year | HQ Location |
Provider of end-to-end logistics delivery services
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| domain | founded_year | HQ Location |
Connects online merchants with their customers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Instabee
Frequently Asked Questions about InstaBee
When was InstaBee founded?
InstaBee was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is InstaBee located?
InstaBee is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of InstaBee?
Alexis Priftis is the current CEO of InstaBee. They have also founded this company.
How many employees does InstaBee have?
As of Dec 31, 2023, the latest employee count at InstaBee is 14.
What is the annual revenue of InstaBee?
Annual revenue of InstaBee is $55.03K as on Mar 31, 2022.
What does InstaBee do?
InstaBee was founded in 2019 in Hyderabad, India, as a provider of cloud-based ERP software tailored for enterprises. Operations focus on GST compliance, billing processes, e-way bill generation, automated business solution management, documentation handling, accounting functions, report creation, sales oversight, purchase and order tracking, and inventory control. Services are delivered through the domain instabee.com to support business efficiency in the software sector.
Who are the top competitors of InstaBee?
InstaBee's top competitors include Delhivery, Shadowfax and XpressBees.
What products or services does InstaBee offer?
InstaBee offers Budbee App, Instabox App, and Porterbuddy App.
Who are InstaBee's investors?
InstaBee has 1 investor. Key investors include Stena Sessan.
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