About Limeroad
Limeroad is a company based in Gurugram (India) founded in 2012 by Ankush Mehra was acquired by V-Mart in October 2022.. Limeroad has raised $51.95 million across 5 funding rounds from investors including VMart Retail, Lightspeed India and Z47. The company has 10,640 employees as of March 29, 2024. Limeroad operates in a competitive market with competitors including Poshmark, CityMall, Meilishuo, LehLah and Oyela, among others.
- Headquarter Gurugram, India
- Employees 10640 as on 29 Mar, 2024
- Founders Ankush Mehra
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name V-Mart Retail Limited
- Date of Incorporation 24 Jul, 2002
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$327.87 M (USD)13.18as on Mar 31, 2024
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Net Profit
$-11.3 M (USD)-1132.77as on Mar 31, 2024
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EBITDA
$24.89 M (USD)-20.77as on Mar 31, 2024
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Total Equity Funding
$51.95 M (USD)
in 5 rounds
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Latest Funding Round
$1.5 M (USD), Series C
Oct 17, 2020
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Investors
VMart Retail
& 4 more
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Employee Count
10640
as on Mar 29, 2024
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Acquired by
V-Mart
(Oct 17, 2022)
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Funding Insights of Limeroad
Limeroad has successfully raised a total of $51.95M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $1.5 million completed in October 2020. 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 5
- Last Round Series C — $1.5M
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First Round
First Round
(23 Oct 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series C - Limeroad | Valuation |
investors |
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| Oct, 2019 | Amount | Series C - Limeroad | Valuation |
investors |
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| Mar, 2015 | Amount | Series C - Limeroad | Valuation | Tiger Global Management |
| 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 Limeroad
Limeroad has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include VMart Retail, Lightspeed India and Z47. 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 investing in innovative startups across technology sectors.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Private equity firm 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 Limeroad
| 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 - Limeroad
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Limeroad Comparisons
Competitors of Limeroad
Limeroad 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 Poshmark, CityMall, Meilishuo, LehLah and Oyela, 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 |
Used multi-category products are traded via an app-based social marketplace.
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| domain | founded_year | HQ Location |
Multi-category products are retailed online by CityMall.
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| domain | founded_year | HQ Location |
Social shopping platform of fashion products
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| domain | founded_year | HQ Location |
Monetize social media content effortlessly
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| domain | founded_year | HQ Location |
Multi-category fashion products are offered through an app-based community marketplace.
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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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Latest news on Limeroad
Frequently Asked Questions about Limeroad
When was Limeroad founded?
Limeroad was founded in 2012.
Where is Limeroad located?
Limeroad is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Limeroad a funded company?
Limeroad is a funded company, having raised a total of $51.95M across 5 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on Oct 23, 2012.
How many employees does Limeroad have?
As of Mar 29, 2024, the latest employee count at Limeroad is 10,640.
What is the annual revenue of Limeroad?
Annual revenue of Limeroad is $327.87M as on Mar 31, 2024.
What does Limeroad do?
Limeroad was founded in 2012 in Gurugram, India, as an online platform in the fashion retail sector. Womens fashion products are aggregated and sold through user-created looks shared socially on the app. Operations include an affiliate model where leads generated by creators result in earnings for them. The marketplace facilitates social interactions centered on fashion discovery and purchases.
Who are the top competitors of Limeroad?
Who are Limeroad's investors?
Limeroad has 5 investors. Key investors include VMart Retail, Lightspeed India, Z47, MA WillMind Holdings, and Tiger Global.
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