About Ishan
Ishan is a company based in Rajkot (India) founded in 2000.. Ishan has raised $659.76 thousand across 1 funding round from investors including Marwadi Chandarana Enterprise. The company has 1,460 employees as of October 31, 2023. Ishan operates in a competitive market with competitors including Hotel Internet Services, Sinnet, Kiwinetworks, Ensign Communications and Mykris Asia, among others.
- Headquarter Rajkot, India
- Employees 1460 as on 31 Oct, 2023
- Stage Minicorn
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Sectors
Telecommunications
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$23.55 M (USD)-41as on Mar 31, 2023
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Net Profit
$1.51 M (USD)3as on Mar 31, 2023
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EBITDA
$2.46 M (USD)-13as on Mar 31, 2023
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Total Equity Funding
$659.76 K (USD)
in 1 rounds
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Latest Funding Round
$659.76 K (USD), Unspecified
Jun 20, 2019
- Investors
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Employee Count
1460
as on Oct 31, 2023
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Funding Insights of Ishan
Ishan has successfully raised a total of $659.76K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $659.76 thousand completed in June 2019. 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 1
- Last Round Unspecified — $659,760
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First Round
First Round
(20 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Unspecified - Ishan | Valuation | Marwadi Chandarana Enterprise |
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| 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 Ishan
Ishan has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Marwadi Chandarana Enterprise. 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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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 Ishan
| 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 - Ishan
| 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 |
Ishan Comparisons
Competitors of Ishan
Ishan 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 Hotel Internet Services, Sinnet, Kiwinetworks, Ensign Communications and Mykris Asia, 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.
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| domain | founded_year | HQ Location |
Internet and TV services are provided to US enterprise sectors.
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Business internet connectivity and data center services provider
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Business internet connectivity and cloud services are provided in Mexico.
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xilo Ltd. offers web hosting, servers, and support for businesses and individuals.
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Broadband internet and hosting services are provided to Malaysian businesses.
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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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Latest news on Ishan
Frequently Asked Questions about Ishan
When was Ishan founded?
Ishan was founded in 2000 and raised its 1st funding round 19 years after it was founded.
Where is Ishan located?
Ishan is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Who is the current CEO of Ishan?
Pinkesh Kotecha is the current CEO of Ishan.
Is Ishan a funded company?
Ishan is a funded company, having raised a total of $659.76K across 1 funding round to date. The company's 1st funding round was a Unspecified of $659.76K, raised on Jun 20, 2019.
How many employees does Ishan have?
As of Oct 31, 2023, the latest employee count at Ishan is 1,460.
What is the annual revenue of Ishan?
Annual revenue of Ishan is $23.55M as on Mar 31, 2023.
What does Ishan do?
Founded in 2000 and based in Rajkot, India, operations focus on telecommunications and IT services. Broadband connectivity and internet access are supplied to large-scale corporate groups, alongside email solutions, security measures, and IP management. These offerings support enterprise-level needs in a competitive sector, with key personnel including the CEO and several directors overseeing activities.
Who are the top competitors of Ishan?
Ishan's top competitors include Sinnet, Hotel Internet Services and Kiwinetworks.
Who are Ishan's investors?
Ishan has 1 investor. Key investors include Marwadi Chandarana Enterprise.
What is Ishan's valuation?
The valuation of Ishan is $2.56M as of Jun 2019.