About Korzinamag
Korzinamag is a company based in Novosibirsk (Russia) founded in 2013.. Korzinamag has raised $970.5 thousand across 1 funding round from investors including IIDF. Korzinamag operates in a competitive market with competitors including Samokat, SberMarket, Utkonos, Lama Web and Parhato, among others.
- Headquarter Novosibirsk, Russia
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$970.5 K (USD)
in 1 rounds
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Latest Funding Round
$970.5 K (USD), Seed
Jan 19, 2017
- Investors
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Employee Count
Employee Count
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Funding Insights of Korzinamag
Korzinamag has successfully raised a total of $970.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $970.5 thousand completed in January 2017. 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 1
- Last Round Seed — $970,504
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First Round
First Round
(19 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Seed - Korzinamag | Valuation | IIDF |
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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 Korzinamag
Korzinamag has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IIDF. 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 and startup accelerator focused on multiple sectors
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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 Korzinamag
| 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 - Korzinamag
| 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 |
Korzinamag Comparisons
Competitors of Korzinamag
Korzinamag 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 Samokat, SberMarket, Utkonos, Lama Web and Parhato, 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 |
Grocery products are delivered via an online marketplace by Samokat.
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| domain | founded_year | HQ Location |
Operates an online marketplace for groceries.
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| domain | founded_year | HQ Location |
Online groceries are retailed by Utkonos in Moscow area.
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| domain | founded_year | HQ Location |
App-based hyperlocal delivery marketplace for groceries
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| domain | founded_year | HQ Location |
Parhato operates an online platform offering a wide range of multi-category products.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering a wide range of multi-category groceries.
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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 Korzinamag
When was Korzinamag founded?
Korzinamag was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Korzinamag located?
Korzinamag is headquartered in Novosibirsk, Russia. It is registered at Novosibirsk, Novosibirsk Krai, Russia.
Who is the current CEO of Korzinamag?
Andrey Pak is the current CEO of Korzinamag.
Is Korzinamag a funded company?
Korzinamag is a funded company, having raised a total of $970.5K across 1 funding round to date. The company's 1st funding round was a Seed of $970.5K, raised on Jan 19, 2017.
What does Korzinamag do?
Korzinamag was founded in 2013 in Novosibirsk, Russia, as an online marketplace focused on grocery items. A variety of products, including fruits, vegetables, nuts, sweets, packed foods, beverages, meat, eggs, dairy, seafood, snacks, baby items, personal care, and ready meals, are provided. Sourcing occurs from suppliers such as Metro, Megas, and Gigant. Operations serve customers in Novosibirsk and nearby areas.
Who are the top competitors of Korzinamag?
Who are Korzinamag's investors?
Korzinamag has 1 investor. Key investors include IIDF.