About Jeevitam
Jeevitam is a company based in Chennai (India) founded in 2015 by Vikas Jain, Munish Chawla, and Sridhar Seshadri.. Jeevitam has raised $1.28 million across 9 funding rounds from investors including Anshul Arzare, Udaya Kumar Hebbar and Soumi Choudhury. The company has 13 employees as of April 09, 2024. Jeevitam offers products and services including WorkSeeker Platform, Corporate Hiring Tool, and Partners Solution. Jeevitam operates in a competitive market with competitors including Fountain, Workstream, HourWork, Contra and HireArt, among others.
- Headquarter Chennai, India
- Employees 13 as on 09 Apr, 2024
- Founders Vikas Jain, Munish Chawla, Sridhar Seshadri
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Vss Tech Solution Private Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.01 M (USD)101.07as on Mar 31, 2023
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Net Profit
$112.63 K (USD)182.93as on Mar 31, 2023
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EBITDA
$118.71 K (USD)211.13as on Mar 31, 2023
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Total Equity Funding
$1.28 M (USD)
in 9 rounds
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Latest Funding Round
$29.95 K (USD), Angel Round
Jan 22, 2024
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Investors
& 29 more
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Employee Count
13
as on Apr 09, 2024
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Products & Services of Jeevitam
Jeevitam offers a comprehensive portfolio of products and services, including WorkSeeker Platform, Corporate Hiring Tool, and Partners Solution. 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.
Platform for registering and finding job opportunities quickly.
Tool for employers to match and hire talent efficiently.
System for partners to collaborate on livelihood initiatives.
Funding Insights of Jeevitam
Jeevitam has successfully raised a total of $1.28M across 9 strategic funding rounds. The most recent funding activity was a Angel Round round of $29.95 thousand completed in January 2024. 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 9
- Last Round Angel Round — $29,948
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First Round
First Round
(05 May 2015)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Angel Round - Jeevitam | Valuation | Anshul Arzare |
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| Mar, 2022 | Amount | Angel Round - Jeevitam | Valuation | Udaya Kumar Hebbar , Soumi Choudhury | |
| Jul, 2020 | Amount | Angel Round - Jeevitam | Valuation | Papiya Banerjee |
| 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 Jeevitam
Jeevitam has secured backing from 30 investors, including angel investors. Prominent investors backing the company include Anshul Arzare, Udaya Kumar Hebbar and Soumi Choudhury. 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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AA
Anshul Arzare |
Angel investor and entrepreneur, focused on tech startups in India.
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Founded Year | Domain | Location |
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UK
Udaya Kumar Hebbar |
Angel investor, ex-Credit Suisse MD, supports Indian startups
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Founded Year | Domain | Location |
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SC
Soumi Choudhury |
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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 Jeevitam
| 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 - Jeevitam
| 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 |
Jeevitam Comparisons
Competitors of Jeevitam
Jeevitam 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 Fountain, Workstream, HourWork, Contra and HireArt, 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 |
Users are connected to local experts via a chat-based app.
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| domain | founded_year | HQ Location |
Cloud-based applicant tracking software solutions are provided for recruitment needs.
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| domain | founded_year | HQ Location |
Cloud-based platform for contract workforce recruitment
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| domain | founded_year | HQ Location |
A professional network for future jobs and skills is offered.
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| domain | founded_year | HQ Location |
Job applicants are pre-screened via online interviews simulating real roles.
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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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Frequently Asked Questions about Jeevitam
When was Jeevitam founded?
Jeevitam was founded in 2015.
Where is Jeevitam located?
Jeevitam is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Jeevitam?
Sridhar Seshadri is the current CEO of Jeevitam. They have also founded this company.
Is Jeevitam a funded company?
Jeevitam is a funded company, having raised a total of $1.28M across 9 funding rounds to date. The company's 1st funding round was a Angel Round of $265.47K, raised on May 05, 2015.
How many employees does Jeevitam have?
As of Apr 09, 2024, the latest employee count at Jeevitam is 13.
What is the annual revenue of Jeevitam?
Annual revenue of Jeevitam is $2.01M as on Mar 31, 2023.
What does Jeevitam do?
Founded in 2015 in Chennai, India, the platform facilitates hiring for blue-collar workers in sectors like hospitality and manufacturing. Job descriptions are posted by employers, after which candidate data is scanned and shortlisted by algorithms. Interested candidates are then notified for potential matches. Operations serve clients including Oyo, Zomato, and Unilever, focusing on streamlined recruitment processes.
Who are the top competitors of Jeevitam?
Jeevitam's top competitors include Fountain, Workstream and Contra.
What products or services does Jeevitam offer?
Jeevitam offers WorkSeeker Platform, Corporate Hiring Tool, and Partners Solution.
Who are Jeevitam's investors?
Jeevitam has 30 investors. Key investors include Anshul Arzare, Udaya Kumar Hebbar, Soumi Choudhury, Chattanathan Devarajan, and Papiya Banerjee.
What is Jeevitam's valuation?
The valuation of Jeevitam is $24.06M as of Jan 2024.
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