About Localbells
Localbells is a Media & Entertainment company based in Hyderabad (India) founded in 2016 by Siddharth Tiwari. Events and activities booking platform. Localbells has raised $46.47 thousand across 3 funding rounds from investors including Reema Bajpai and Vijay Rana. The company has 91 employees. Localbells was last valued at $327.33 thousand in July 2017. Its focus areas include Online Event Ticketing, Multicategory and Marketplace. Its competitors include Paytm Insider, EventsHigh and i2space; 1 of its 3 listed competitors has raised funding.
Company details
Localbells is a mobile app for users to discover and book events, activities, mini tours, getaways, and nightlife events. Offers a dashboard to service providers to manage operations and payments. Charges 5.99 of transaction amount as commission. As of Oct 2016, the company is operational only in Hyderabad and has 1000 app downloads and 34K likes on facebook page. Rebranded from Grouplia.com
- Headquarters Hyderabad, India
- Employees 91
- Founders Siddharth Tiwari
- SectorsMedia & Entertainment
- Email••••••••
- Website localbells.com
- Social LinkedIn X Facebook
- Annual Revenue$13.51 K (USD)146as on Mar 31, 2018
- Net Profit-$19.11 K (USD)-603as on Mar 31, 2019
- EBITDA-$369.68 (USD)75as on Mar 31, 2019
- Total Equity Funding$46.47K (USD)
in 3 rounds
- Employee Count91
Associated legal entities of Localbells
Localbells is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Localbells Infolabs Private Limited CIN U72200TG2016PTC103284 | Strike Off | 12 Feb 2016 | Hyderabad, Telangana | ₹0.0 Cr | 2 | View details | |
| Payswiff Technologies Private Limited CIN U74900TG2013PTC089686 | Active | 27 Aug 2013 | Hyderabad, Telangana, India | View details | |||
| Payswiff Technologies Private Limited CIN U66190TG2013PTC089686 | Active | 27 Aug 2013 | Hyderabad, Telangana | ₹111 Cr | 204 | 5 | View details |
Funding Insights of Localbells
Localbells has successfully raised a total of $46.47K across 3 strategic funding rounds. 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 $46,470
- Total Rounds 3
- First Round $30,952
(Apr 2017)
- Investors Count 2
All 3 funding rounds of Localbells with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | Angel Round | – | – | ||
| Jul 2017 | $15,518 | Angel Round | $327,331 | Reema Bajpai | – |
| Apr 2017 | $30,952 | Angel Round | $258,026 | Vijay Rana | – |
Last known valuation $327,331 (Jul 2017). 2 investors in total: 0 institutional and 2 angel.
Investors in Localbells
Localbells has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Reema Bajpai and Vijay Rana.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RB Reema Bajpai | unknown_b2fdb01e0e50428aa | |||
VR Vijay Rana | Angel investor and entrepreneur, focused on tech startups in India. | unknown_13f569eeb2354cb6a |
Investor details for Localbells
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Localbells
The boards of the 2 registered companies of Localbells currently have 7 directors; the longest-serving is Prabhuram Radhakrishnan, appointed in 2015. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prabhuram Radhakrishnan DIN 01673968 | Director | 15 Apr 2015 | 11 yrs 6 mo | Payswiff Technologies Private Limited |
| Satish Sharma DIN 07095071 | Director | 12 Feb 2016 | 10 yrs 8 mo | Localbells Infolabs Private Limited |
| Praneeth Chinta DIN 07426138 | Director | 12 Feb 2016 | 10 yrs 8 mo | Localbells Infolabs Private Limited |
| Abhay Deshpande Raosaheb DIN 00427314 | Director | 05 Mar 2017 | 9 yrs 7 mo | Payswiff Technologies Private Limited |
| Arulselvan Dharmalingam DIN 00010065 | Director | 11 Mar 2022 | 4 yrs 7 mo | Payswiff Technologies Private Limited |
| Ravindra Kumar Kundu DIN 07337155 | Director | 11 Mar 2022 | 4 yrs 7 mo | Payswiff Technologies Private Limited |
| Arun Venkatachalam DIN 09511997 | Director | 11 Mar 2022 | 4 yrs 7 mo | Payswiff Technologies Private Limited |
People of Localbells
1 people are tracked at Localbells (1 in leadership); the tracked headcount is 91.
| Name | Role | Group |
|---|---|---|
Siddharth Tiwari | Co-Founder | Leadership |
Complete people profiles for Localbells
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Localbells
Figures of Localbells Infolabs Private Limited, the primary company behind Localbells, for FY 2017. Revenue was ₹3.5 Lakh. Net loss was -₹15.6 Lakh (-441% margin). EBITDA was -₹15.1 Lakh (-427% margin).
- ₹3.5 LakhRevenue · FY 2017
- -₹15.6 LakhNet loss · -441% margin
- -₹15.1 LakhEBITDA · -427% margin
- ₹13.6 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Localbells Infolabs Private Limited are on its company page.
Detailed financial statements for Localbells
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Localbells
3 dated milestones of Localbells across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Localbells is founded.
- Funding First funding round of $31K.
- Funding Latest funding round, Angel Round,.
Competitors of Localbells
Localbells has 3 listed competitors in our database, 1 of them funded. They include Paytm Insider, EventsHigh and i2space.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| insider.in | 2008 | Mumbai, India | 140 | Online ticketing for lifestyle events and concerts is facilitated. | ||
| eventshigh.com | 2013 | Bengaluru, India | $492,326 | 15 | Events discovery and ticket booking platform | |
| i2space.com | 2010 | Hyderabad, India | 12 | Offers comprehensive solutions for online ticketing marketplaces. |
Detailed competitors of Localbells
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Localbells
Localbells was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Localbells is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Localbells is a funded company, having raised a total of $46.47K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $30.95K, raised on Apr 2017.
Localbells has 91 employees.
Annual revenue of Localbells is $13.51K as on Mar 31, 2018.
Localbells is a mobile app for users to discover and book events, activities, mini tours, getaways, and nightlife events. Offers a dashboard to service providers to manage operations and payments. Charges 5.99 of transaction amount as commission. As of Oct 2016, the company is operational only in Hyderabad and has 1000 app downloads and 34K likes on facebook page. Rebranded from Grouplia.com.
Localbells's top competitors include Paytm Insider, EventsHigh and i2space.
Localbells has 2 investors. Key investors include Reema Bajpai, and Vijay Rana.
The valuation of Localbells is $327.33K as of Jul 2017.
Localbells is associated with 2 legal entities: Localbells Infolabs Private Limited, Payswiff Technologies Private Limited.
The legal entities of Localbells currently have 7 directors, including Satish Sharma, Praneeth Chinta, Arulselvan Dharmalingam and others.