About Junkart
Junkart is a company based in Delhi (India) founded in 2015 by Shailendra Singh.. Junkart has raised $83.36 thousand across 2 funding rounds from investors including KIIT Technology Business Incubator, Haninder Pal Singh and Rashmiranjan. Junkart operates in a competitive market with competitors including WeVOIS Labs, Bintix, TheKabadiWala, Encashea and Citizengage, among others.
- Headquarter Delhi, India
- Founders Shailendra Singh
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Sectors
EnvironmentBusiness Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Weekend Works Pvt. Ltd
- Date of Incorporation 05 Mar, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2022
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Net Profit
$0 (USD)0as on Mar 31, 2022
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EBITDA
$0 (USD)0as on Mar 31, 2022
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Total Equity Funding
$83.36 K (USD)
in 2 rounds
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Latest Funding Round
$39.17 K (USD), Seed
Jan 20, 2018
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Investors
KIIT Technology Business Incubator
& 8 more
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Employee Count
Employee Count
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Funding Insights of Junkart
Junkart has successfully raised a total of $83.36K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $39.17 thousand completed in January 2018. 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 Seed — $39,172
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First Round
First Round
(02 Nov 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Seed - Junkart | Valuation | KIIT Technology Business Incubator |
|
| Nov, 2016 | Amount | Seed - Junkart | Valuation | Haninder Pal Singh |
| 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 Junkart
Junkart has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include KIIT Technology Business Incubator, Haninder Pal Singh and Rashmiranjan. 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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Startups incubator by KIIT University
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Founded Year | Domain | Location | |
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Delivers strategic and operational consulting services to enhance business performance.
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Founded Year | Domain | Location | |
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HP
Haninder Pal Singh |
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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 Junkart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - Junkart
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Junkart Comparisons
Competitors of Junkart
Junkart 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 WeVOIS Labs, Bintix, TheKabadiWala, Encashea and Citizengage, 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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Junkart
When was Junkart founded?
Junkart was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Junkart located?
Junkart is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Junkart a funded company?
Junkart is a funded company, having raised a total of $83.36K across 2 funding rounds to date. The company's 1st funding round was a Seed of $44.18K, raised on Nov 02, 2016.
What does Junkart do?
Junkart was founded in 2015 and operates as an on-demand waste collection service in the recycling sector. Requests for collection of items such as newspapers, books, paper, iron, plastic, and aluminum are placed by users through a website or SMS. A kabadiwala visits the doorstep to pick up the materials and provides cash and coupons in exchange. Services are available in the Delhi region of India.
Who are the top competitors of Junkart?
Junkart's top competitors include WeVOIS Labs, Bintix and TheKabadiWala.
Who are Junkart's investors?
Junkart has 9 investors. Key investors include KIIT Technology Business Incubator, Haninder Pal Singh, Rashmiranjan, Sebastian Mitchell, and Shailendra Singh.
What is Junkart's valuation?
The valuation of Junkart is $976.87K as of Jan 2018.