About Lifetree Convergence
Lifetree Convergence is a company based in Gurugram (India) founded in 2000 was acquired by Tecnomen in December 2008.. The company has 703 employees as of August 31, 2023. Lifetree Convergence operates in a competitive market with competitors including Yoga Bar, Mondelez International, True Elements, Unibic and Cavinkare, among others.
- Headquarter Gurugram, India
- Employees 703 as on 31 Aug, 2023
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Annual Revenue
$17.1 M (USD)31as on Mar 31, 2022
-
Net Profit
$0 (USD)0as on Mar 31, 2022
-
EBITDA
-
Latest Funding Round
-
Investors
International Finance Corporation
& 1 more
-
Employee Count
703
as on Aug 31, 2023
-
Acquired by
Tecnomen
(Dec 15, 2008)
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 Lifetree Convergence
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2009 | Amount | Series A - Lifetree Convergence | 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 Lifetree Convergence
Lifetree Convergence has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation and Tecnomen. 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 |
|---|---|---|---|---|
|
IFC is focused on private sector development in emerging markets.
|
Founded Year | Domain | Location | |
|
-
|
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 Lifetree Convergence
| 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 - Lifetree Convergence
| 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 |
Lifetree Convergence Comparisons
Competitors of Lifetree Convergence
Lifetree Convergence 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 Yoga Bar, Mondelez International, True Elements, Unibic and Cavinkare, 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 |
Protein-based food products are offered via an online platform.
|
|
| domain | founded_year | HQ Location |
Multi-category convenience foods are produced and distributed globally.
|
|
| domain | founded_year | HQ Location |
Health snacks and supplements are manufactured and marketed.
|
|
| domain | founded_year | HQ Location |
Multi-category snacks are manufactured and distributed by Unibic brand.
|
|
| domain | founded_year | HQ Location |
Multicategory convenience food products are offered as an internet-first brand.
|
|
| domain | founded_year | HQ Location |
Private label brand for Indo-Chinese fusion food
|
| 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 Lifetree Convergence
When was Lifetree Convergence founded?
Lifetree Convergence was founded in 2000 and raised its 1st funding round 9 years after it was founded.
Where is Lifetree Convergence located?
Lifetree Convergence is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Lifetree Convergence?
Atul Chopra is the current CEO of Lifetree Convergence.
How many employees does Lifetree Convergence have?
As of Aug 31, 2023, the latest employee count at Lifetree Convergence is 703.
What is the annual revenue of Lifetree Convergence?
Annual revenue of Lifetree Convergence is $17.1M as on Mar 31, 2022.
What does Lifetree Convergence do?
Lifetree Convergence was established in 2000 and is headquartered in Gurugram, India. Leadership is provided by CEO and MD Atul Chopra. The company operates within the technology sector, emphasizing convergence services such as system integration and solutions development. Its online presence is maintained through the domain lifetreeindia.com. Further specifics on services or expanded geographic operations remain undisclosed.
Who are the top competitors of Lifetree Convergence?
Lifetree Convergence's top competitors include Yoga Bar, Cavinkare and Mondelez International.
Who are Lifetree Convergence's investors?
Lifetree Convergence has 2 investors. Key investors include International Finance Corporation, and Tecnomen.