About Kolo App
Kolo App is a company based in Ernakulam (India) founded in 2020 by Pranav Garg, Vivek Mittal, Jery Althaf, and Aayush Sharda.. Kolo App has raised $4.55 million across 2 funding rounds from investors including RTP Global, Singularity Ventures AMC and Better Capital. The company has 1 employees as of April 04, 2024. Kolo App offers products and services including Advisory Program and Professional Matching.
- Headquarter Ernakulam, India
- Employees 1 as on 04 Apr, 2024
- Founders Pranav Garg, Vivek Mittal, Jery Althaf, Aayush Sharda
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Sectors
Business ServicesReal Estate & Construction Consumer
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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 Koloapp Technologies Private Limited
- Date of Incorporation 01 Apr, 2022
- Jurisdiction Palakkad, Kerala, India
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Annual Revenue
$729.04 K (USD)0as on Mar 31, 2023
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Net Profit
$39.04 K (USD)0as on Mar 31, 2023
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EBITDA
$53.95 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$4.55 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Seed
May 10, 2022
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Investors
RTP Global
& 7 more
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Employee Count
1
as on Apr 04, 2024
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Products & Services of Kolo App
Kolo App offers a comprehensive portfolio of products and services, including Advisory Program and Professional Matching. 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.
Provides expert guidance for hiring home professionals
Connects users with specialists based on preferences
Unlock access to complete
Funding Insights of Kolo App
Kolo App has successfully raised a total of $4.55M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in May 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 — $4.0M
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First Round
First Round
(23 Sep 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Kolo App | Valuation | RTP Global | |
| Sep, 2021 | Amount | Seed - Kolo App | Valuation | Better Capital |
| 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 Kolo App
Kolo App has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include RTP Global, Singularity Ventures AMC and Better Capital. 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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Venture capital firm focused on early-stage technology companies
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location | |
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Investment management services in growth equity and public investments in India.
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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 Kolo App
| 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 - Kolo App
| 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 |
Kolo App Comparisons
Competitors of Kolo App
| 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 Kolo App
Frequently Asked Questions about Kolo App
When was Kolo App founded?
Kolo App was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Kolo App located?
Kolo App is headquartered in Ernakulam, India. It is registered at Ernakulam, Kerala, India.
Is Kolo App a funded company?
Kolo App is a funded company, having raised a total of $4.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $550K, raised on Sep 23, 2021.
How many employees does Kolo App have?
As of Apr 04, 2024, the latest employee count at Kolo App is 1.
What is the annual revenue of Kolo App?
Annual revenue of Kolo App is $729.04K as on Mar 31, 2023.
What does Kolo App do?
Kolo App was established in 2020 in Ernakulam, India, as a digital platform in the home services sector. Professionals such as architects, interior designers, contractors, carpenters, masons, painters, electricians, and plumbers are connected with users through the app for booking purposes. Interior design images and home decor concepts are additionally provided to support project planning.
What products or services does Kolo App offer?
Kolo App offers Advisory Program and Professional Matching.
Who are Kolo App's investors?
Kolo App has 8 investors. Key investors include RTP Global, Singularity Ventures AMC, Better Capital, Aldi Haryopratomo, and Aakash Dharmadhikari.
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