About Kaigal
Kaigal is a company based in Namakkal (India) founded in 2019 by Bala Sundararajan.. Kaigal has raised $31.59 thousand across 2 funding rounds from investors including STPI and StartupTN. The company has 17 employees as of April 05, 2024. Kaigal operates in a competitive market with competitors including WorkIndia, Snagajob, Jobcase, Seasoned and CornerJob, among others.
- Headquarter Namakkal, India
- Employees 17 as on 05 Apr, 2024
- Founders Bala Sundararajan
- Stage Minicorn
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Sectors
Technology
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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 Kaigal Services India Private Limited
- Date of Incorporation 09 Apr, 2019
- Jurisdiction Paramathi Velur, Tamil Nadu, India
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Annual Revenue
$55.94 K (USD)62.89as on Mar 31, 2023
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Net Profit
$-69.89 K (USD)-528.3as on Mar 31, 2023
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EBITDA
$-75.07 K (USD)-352as on Mar 31, 2023
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Total Equity Funding
$31.59 K (USD)
in 2 rounds
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Latest Funding Round
$31.59 K (USD), Seed
Jul 07, 2022
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Investors
STPI
& 1 more
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Employee Count
17
as on Apr 05, 2024
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Funding Insights of Kaigal
Kaigal has successfully raised a total of $31.59K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $31.59 thousand completed in July 2022. 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 — $31,592
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First Round
First Round
(15 Apr 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Kaigal | Valuation | STPI |
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| Apr, 2021 | Amount | Grant - Kaigal | Valuation |
investors |
| 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 Kaigal
Kaigal has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include STPI and StartupTN. 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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Provider of incubation services to emerging technologies
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Founded Year | Domain | Location | |
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Potato farming, grain marketing, and equipment services in Maine.
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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 Kaigal
| 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 - Kaigal
| 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 |
Kaigal Comparisons
Competitors of Kaigal
Kaigal 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 WorkIndia, Snagajob, Jobcase, Seasoned and CornerJob, 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 |
Recruitment platform that connects job seekers with employment opportunities
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| domain | founded_year | HQ Location |
Blue-collar jobs are connected with workers through an online platform.
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| domain | founded_year | HQ Location |
An online community platform connects job seekers for opportunity discovery.
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| domain | founded_year | HQ Location |
Online job board for the food service industry
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| domain | founded_year | HQ Location |
Geolocalized app-based blue-collar job search platform
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| domain | founded_year | HQ Location |
Job seekers are connected with employers via a focused platform.
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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 Kaigal
Frequently Asked Questions about Kaigal
When was Kaigal founded?
Kaigal was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Kaigal located?
Kaigal is headquartered in Namakkal, India. It is registered at Namakkal, Tamil Nadu, India.
Is Kaigal a funded company?
Kaigal is a funded company, having raised a total of $31.59K across 2 funding rounds to date. The company's 1st funding round was a Grant of $13.29K, raised on Apr 15, 2021.
How many employees does Kaigal have?
As of Apr 05, 2024, the latest employee count at Kaigal is 17.
What is the annual revenue of Kaigal?
Annual revenue of Kaigal is $55.94K as on Mar 31, 2023.
What does Kaigal do?
Kaigal was founded in 2019 in Namakkal, India, by Bala Sundararajan. Recruitment services are provided across multiple sectors, including sourcing and placement of professionals. Operations focus on connecting candidates with employers in diverse industries. The company serves clients primarily in India, with an emphasis on efficient hiring processes tailored to sector-specific needs. Geographic presence is centered in Namakkal, supporting regional and national recruitment demands.
Who are the top competitors of Kaigal?
What is Kaigal's valuation?
The valuation of Kaigal is $2.77M as of Jul 2022.