About Localbells
Localbells is a company based in Hyderabad (India) founded in 2016 by Siddharth Tiwari.. Localbells has raised $46.47 thousand across 3 funding rounds from investors including Reema Bajpai and Vijay Rana. The company has 91 employees as of June 30, 2023. Localbells operates in a competitive market with competitors including Eventbrite, Ticket Master, Paytm Insider, EventsHigh and i2space, among others.
- Headquarter Hyderabad, India
- Employees 91 as on 30 Jun, 2023
- Founders Siddharth Tiwari
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$13.51 K (USD)146as on Mar 31, 2018
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Net Profit
$-19.11 K (USD)-603as on Mar 31, 2019
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EBITDA
$-369.68 (USD)75as on Mar 31, 2019
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Total Equity Funding
$46.47 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
& 1 more
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Employee Count
91
as on Jun 30, 2023
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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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(21 Apr 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Angel Round - Localbells | Valuation |
investors |
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| Jul, 2017 | Amount | Angel Round - Localbells | Valuation | Reema Bajpai |
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| Apr, 2017 | Amount | Angel Round - Localbells | Valuation | Vijay Rana |
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| 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 Localbells
Localbells has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Reema Bajpai and Vijay Rana. 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 |
|---|---|---|---|---|
|
RB
Reema Bajpai |
-
|
Founded Year | Domain | Location |
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VR
Vijay Rana |
Angel investor and entrepreneur, focused on tech startups in India.
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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 Localbells
| 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 - Localbells
| 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 |
Localbells Comparisons
Competitors of Localbells
Localbells 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 Eventbrite, Ticket Master, Paytm Insider, EventsHigh and i2space, 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 |
Platform for discovering and purchasing tickets for events
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| domain | founded_year | HQ Location |
Events discovery and ticket booking platform
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| domain | founded_year | HQ Location |
Online ticketing for lifestyle events and concerts is facilitated.
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| domain | founded_year | HQ Location |
Events discovery and ticket booking platform
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| domain | founded_year | HQ Location |
Offers comprehensive solutions for online ticketing marketplaces.
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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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Frequently Asked Questions about Localbells
When was Localbells founded?
Localbells was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Localbells located?
Localbells is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is Localbells a funded company?
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 21, 2017.
How many employees does Localbells have?
As of Jun 30, 2023, the latest employee count at Localbells is 91.
What is the annual revenue of Localbells?
Annual revenue of Localbells is $13.51K as on Mar 31, 2018.
What does Localbells do?
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.
Who are the top competitors of Localbells?
Localbells's top competitors include Eventbrite, Ticket Master and Paytm Insider.
Who are Localbells's investors?
Localbells has 2 investors. Key investors include Reema Bajpai, and Vijay Rana.
What is Localbells's valuation?
The valuation of Localbells is $327.33K as of Jul 2017.