About lookODU
lookODU is a company based in Kozhikode (India) founded in 2019 by Anil Balan, Axel Balakrishnan, and Nipun Balan Thekkummal.. lookODU has raised $148.46 thousand across 2 funding rounds from investors including Sachu Simon, Shaibu Baby and Thomas Jose Pattara. lookODU operates in a competitive market with competitors including Groupon, Addmytree, Wi Bucks, Deal Bates and Thrillh, among others.
- Headquarter Kozhikode, India
- Founders Anil Balan, Axel Balakrishnan, Nipun Balan Thekkummal
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Splendre Eyemag Pvt Ltd
- Date of Incorporation 08 Feb, 2017
- Jurisdiction Kozhikode, Kerala, India
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Annual Revenue
$2.28 K (USD)-76as on Mar 31, 2021
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Net Profit
$-62.77 K (USD)-28.47as on Mar 31, 2021
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EBITDA
$-52.14 K (USD)-28.27as on Mar 31, 2021
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Total Equity Funding
$148.46 K (USD)
in 2 rounds
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Latest Funding Round
$77.98 K (USD), Angel Round
Aug 31, 2021
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Investors
& 16 more
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Employee Count
Employee Count
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Funding Insights of lookODU
lookODU has successfully raised a total of $148.46K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $77.98 thousand completed in August 2021. 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 2
- Last Round Angel Round — $77,975
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First Round
First Round
(17 Dec 2019)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Angel Round - lookODU | Valuation | Sachu Simon | |
| Dec, 2019 | Amount | Angel Round - lookODU | Valuation | Raghunath Murlidharan , Bindu Surish |
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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 lookODU
lookODU has secured backing from 17 investors, including angel investors. Prominent investors backing the company include Sachu Simon, Shaibu Baby and Thomas Jose Pattara. 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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SS
Sachu Simon |
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Founded Year | Domain | Location |
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SB
Shaibu Baby |
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Founded Year | Domain | Location |
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TJ
Thomas Jose Pattara |
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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 lookODU
| 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 - lookODU
| 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 |
Lookodu Comparisons
Competitors of lookODU
lookODU 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 Groupon, Addmytree, Wi Bucks, Deal Bates and Thrillh, 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 |
Online marketplace offering deals on multi-category products and services
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| domain | founded_year | HQ Location |
Online platform providing offers and deals on multi-category products.
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand offering deals on various products.
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| domain | founded_year | HQ Location |
Operates an online platform for multi-category deals and promotions.
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| domain | founded_year | HQ Location |
An online platform providing discounts and deals for various brands and services.
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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 lookODU
When was lookODU founded?
lookODU was founded in 2019.
Where is lookODU located?
lookODU is headquartered in Kozhikode, India. It is registered at Kozhikode, Kerala, India.
Who is the current CEO of lookODU?
Axel Balakrishnan is the current CEO of lookODU. They have also founded this company.
Is lookODU a funded company?
lookODU is a funded company, having raised a total of $148.46K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $70.48K, raised on Dec 17, 2019.
What is the annual revenue of lookODU?
Annual revenue of lookODU is $2.28K as on Mar 31, 2021.
What does lookODU do?
The company was founded in 2019 in Kozhikode, India, and operates as an app-based platform in the consumer deals sector. Discounts on shopping brands, restaurants, and various services are provided through its mobile application, which is available exclusively for Android users. Operations focus on facilitating access to multi-category offers in the local market.
Who are the top competitors of lookODU?
lookODU's top competitors include Groupon, Deal Bates and Wi Bucks.
Who are lookODU's investors?
lookODU has 17 investors. Key investors include Sachu Simon, Shaibu Baby, Thomas Jose Pattara, Ramesh Vaidyanathan, and Saji Varghese Chameli.
What is lookODU's valuation?
The valuation of lookODU is $1.93M as of Aug 2021.