About Jeeves Consumer Services
Jeeves Consumer Services is a company based in Bengaluru (India) founded in 2007 was acquired by Flipkart in June 2014.. Jeeves Consumer Services has raised $1.96 million across 2 funding rounds from investors including Flipkart and Seedfund. The company has 103 employees as of April 06, 2024. Jeeves Consumer Services operates in a competitive market with competitors including Onsitego, Handyhome, Foxway, Gadgetwood eServices and 247Around, among others.
- Headquarter Bengaluru, India
- Employees 103 as on 06 Apr, 2024
- Stage Minicorn
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Sectors
Business Services
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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 Jeeves Consumer Services Private Limited
- Date of Incorporation 20 Dec, 2007
- Jurisdiction Devarabeesanahalli Village Bengaluru, Karnataka, India
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Annual Revenue
$36.06 M (USD)3.95as on Mar 31, 2023
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Net Profit
$-12.14 M (USD)-389.43as on Mar 31, 2023
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EBITDA
$-11.18 M (USD)-400.65as on Mar 31, 2023
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Total Equity Funding
$1.96 M (USD)
in 2 rounds
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Latest Funding Round
$887.24 K (USD), Series A
May 31, 2013
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Investors
Flipkart
& 1 more
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Employee Count
103
as on Apr 06, 2024
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Acquired by
Flipkart
(Jun 01, 2014)
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Funding Insights of Jeeves Consumer Services
Jeeves Consumer Services has successfully raised a total of $1.96M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $887.24 thousand completed in May 2013. 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 A — $887,240
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First Round
First Round
(06 Jun 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series A - Jeeves Consumer Services | Valuation | Seedfund |
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| Jun, 2012 | Amount | Series A - Jeeves Consumer Services | Valuation | Seedfund |
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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 Jeeves Consumer Services
Jeeves Consumer Services has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Flipkart and Seedfund. 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 funding and support for Indian startups.
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Founded Year | Domain | Location | |
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Multi-category consumer products are offered via an online marketplace platform.
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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 Jeeves Consumer Services
| 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 - Jeeves Consumer Services
| 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 |
Jeeves Consumer Services Comparisons
Competitors of Jeeves Consumer Services
Jeeves Consumer Services 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 Onsitego, Handyhome, Foxway, Gadgetwood eServices and 247Around, 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 |
Extended warranties for electronics are offered via an online platform.
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| domain | founded_year | HQ Location |
Mobile app to book repair services for electronic appliances
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| domain | founded_year | HQ Location |
Provider of lifecycle management services for tech devices
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| domain | founded_year | HQ Location |
Online mobile & tablet repair service provider
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| domain | founded_year | HQ Location |
Online platform that provides home appliance repair services
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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 Jeeves Consumer Services
Frequently Asked Questions about Jeeves Consumer Services
When was Jeeves Consumer Services founded?
Jeeves Consumer Services was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Where is Jeeves Consumer Services located?
Jeeves Consumer Services is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Jeeves Consumer Services?
Nipun Sharma is the current CEO of Jeeves Consumer Services.
Is Jeeves Consumer Services a funded company?
Jeeves Consumer Services is a funded company, having raised a total of $1.96M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.08M, raised on Jun 06, 2012.
How many employees does Jeeves Consumer Services have?
As of Apr 06, 2024, the latest employee count at Jeeves Consumer Services is 103.
What is the annual revenue of Jeeves Consumer Services?
Annual revenue of Jeeves Consumer Services is $36.06M as on Mar 31, 2023.
What does Jeeves Consumer Services do?
Jeeves Consumer Services was founded in 2007 in Bengaluru, India, focusing on after-sales support for consumer electronics and home appliances. Repair, transfer, and maintenance services are offered to individuals and businesses. Extended warranty programs are provided, especially for mobile devices, through collaborations with platforms like Flipkart. Customized solutions are developed to address specific business requirements in the sector.
Who are the top competitors of Jeeves Consumer Services?
Who are Jeeves Consumer Services's investors?
What is Jeeves Consumer Services's valuation?
The valuation of Jeeves Consumer Services is $5.64M as of Jun 2012.