About Lets Reap
Lets Reap is a company based in Mumbai (India) founded in 2015 by Shweta Salecha and Siddharth Gadia. Lets Reap has raised $59.87 million across 8 funding rounds from investors including DSP Mutual Fund, Alteria Capital and Whiteboard Capital. The company has 230 employees as of April 02, 2024. Lets Reap operates in a competitive market with competitors including API Holdings, giftHEALTH, Pharmacist Bang, Remedial Health and PharmacyMarts, among others.
- Headquarter Mumbai, India
- Employees 230 as on 02 Apr, 2024
- Founders Shweta Salecha, Siddharth Gadia
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Workcell Solutions Private Limited
- Date of Incorporation 29 Oct, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$16.23 M (USD)26.49as on Mar 31, 2022
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Net Profit
-$6.74 M (USD)-143.47as on Mar 31, 2022
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EBITDA
-$6.54 M (USD)-120.44as on Mar 31, 2022
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Total Equity Funding
$59.87 M (USD)
in 8 rounds
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Latest Funding Round
$26.37 M (USD), Series B
Nov 04, 2023
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Investors
DSP Mutual Fund
& 67 more
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Employee Count
230
as on Apr 02, 2024
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Funding Insights of Lets Reap
Lets Reap has successfully raised a total of $59.87M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $26.37 million completed in November 2023. 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.
Investors in Lets Reap
Lets Reap has secured backing from 68 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include DSP Mutual Fund, Alteria Capital and Whiteboard Capital.
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Investment support is provided to startups by Whiteboard Capital.
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Venture debt funding and structured finance for innovative startups in India.
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Venture capital investments are directed toward India's consumption market businesses.
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Investor details for Lets Reap
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Investments & Acquisitions by Lets Reap
Investment portfolio details for Lets Reap
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Financial Statements - Lets Reap
Detailed financials for Lets Reap
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Lets Reap Comparisons
Peer comparison for Lets Reap
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Competitors of Lets Reap
Lets Reap 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 API Holdings, giftHEALTH, Pharmacist Bang, Remedial Health and PharmacyMarts, among others.
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Digital healthcare tools are offered for pharmacies and clinics management.
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Provider of supply chain management platform
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A mobile marketplace is provided for pharmacists and pharmaceutical companies.
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Supply chain management software is provided for pharmacies and insurers.
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Online supply chain management platform for medical suppliers
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Cloud-based supply chain management is provided for pharmacies and hospitals.
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Detailed competitors of Lets Reap
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Latest news on Lets Reap
Complete news archive for Lets Reap
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Frequently Asked Questions about Lets Reap
Lets Reap was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Lets Reap is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Lets Reap is a funded company, having raised a total of $59.87M across 8 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Lets Reap is 230.
Annual revenue of Lets Reap is $16.23M as on Mar 31, 2022.
Reap was founded in 2015 in Mumbai, India, within the pharmaceutical software sector. Tools for communication and supply chain management are supplied to pharmacies, allowing product searches and distributor connections. A professional network for pharmacists and a news portal on industry topics are maintained. An app platform is utilized by pharma firms to disseminate product details, implement short-term promotions, collect responses, and perform surveys.
Lets Reap's top competitors include API Holdings, giftHEALTH and Pharmacist Bang.
Lets Reap has 68 investors. Key investors include DSP Mutual Fund, Alteria Capital, Whiteboard Capital, Tablt, and CTH Advisors.