About Lets Reach
Lets Reach is a company based in Delhi (India) founded in 2014 was acquired by Ixigo in January 2017.. Lets Reach has raised $500 thousand across 1 funding round from investors including Ixigo, Rebright Partners and Ankur Warikoo. Lets Reach operates in a competitive market with competitors including WeTransfer, Zapya, Send Anywhere, Pushbullet and AirDroid, among others.
- Headquarter Delhi, India
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Lets Reach
Lets Reach has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in March 2016. 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 — $500,000
-
First Round
First Round
(07 Mar 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Seed - Lets Reach | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lets Reach
Lets Reach has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ixigo, Rebright Partners and Ankur Warikoo. 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 |
|---|---|---|---|---|
|
Early-stage venture capital firm focusing on Asia regions.
|
Founded Year | Domain | Location | |
|
Early-stage Indian companies are invested in by Sol Primero.
|
Founded Year | Domain | Location | |
|
Online platform providing multiple travel booking services
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Lets Reach
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Lets Reach
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lets Reach Comparisons
Competitors of Lets Reach
Lets Reach 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 WeTransfer, Zapya, Send Anywhere, Pushbullet and AirDroid, 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 |
Cloud-based file sharing and file transfer application
|
|
| domain | founded_year | HQ Location |
File transfer platform provided by Zapya for cross-device sharing.
|
|
| domain | founded_year | HQ Location |
Secure file transfers are facilitated via a cross-platform app.
|
|
| domain | founded_year | HQ Location |
Cross-platform file transfer, synchronization, and notification management are enabled.
|
|
| domain | founded_year | HQ Location |
Offers wireless management solutions for smart devices.
|
|
| domain | founded_year | HQ Location |
Provider of cross-platform file transfer and sharing app
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Lets Reach
When was Lets Reach founded?
Lets Reach was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Lets Reach located?
Lets Reach is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Lets Reach a funded company?
Lets Reach is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Mar 07, 2016.
What does Lets Reach do?
Reach was founded in 2014 in Delhi, India, by alumni from NSIT. The app operates in the peer-to-peer file sharing sector, with its private beta version focused on music exchange between users. Friends playlists are viewed and accessed directly, bypassing intermediary platforms. Early-stage funding of 500K was secured in March 2016 from Rebright Partners, a Japanese venture capital firm.
Who are the top competitors of Lets Reach?
Lets Reach's top competitors include WeTransfer, Zapya and WinZip.
Who are Lets Reach's investors?
Lets Reach has 6 investors. Key investors include Ixigo, Rebright Partners, Ankur Warikoo, Ankur Singla, and Sudhir Anandarao.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.