About myHQ
myHQ is a company based in Delhi (India) founded in 2016 by Vinayak Agrawal and Utkarsh Kawatra was acquired by Anarock Property Consultants in April 2022.. myHQ has raised $2.81 million across 7 funding rounds from investors including Facebook, ANAROCK and LetsVenture. The company has 22 employees as of April 05, 2024. myHQ operates in a competitive market with competitors including WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
- Headquarter Delhi, India
- Employees 22 as on 05 Apr, 2024
- Founders Vinayak Agrawal, Utkarsh Kawatra
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Justwork Technologies Private Limited
- Date of Incorporation 24 Feb, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$461.27 K (USD)-63.94as on Mar 31, 2023
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Net Profit
$308.76 K (USD)964.29as on Mar 31, 2023
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EBITDA
$293.84 K (USD)364.53as on Mar 31, 2023
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Total Equity Funding
$2.81 M (USD)
in 7 rounds
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Latest Funding Round
$274.57 K (USD), Seed
Jan 16, 2021
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Investors
Facebook
& 44 more
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Employee Count
22
as on Apr 05, 2024
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Acquired by
Anarock Property Consultants
(Apr 05, 2022)
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Funding Insights of myHQ
myHQ has successfully raised a total of $2.81M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $274.57 thousand completed in January 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 7
- Last Round Seed — $274,571
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First Round
First Round
(08 Sep 2016)
- Investors Count 44
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Seed - myHQ | Valuation | India Quotient | |
| Nov, 2019 | Amount | Seed - myHQ | Valuation | India Quotient , RB Investments | |
| Dec, 2018 | Amount | Seed - myHQ | Valuation | LetsVenture , Singapore Angel Network |
| 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 myHQ
myHQ has secured backing from 45 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Facebook, ANAROCK and LetsVenture. 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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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Angel investments are directed by Pinaki Ventures across diverse 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 myHQ
| 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 - myHQ
| 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 |
Myhq Comparisons
Competitors of myHQ
myHQ 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 WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, 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 |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Flexible workspace solutions, including coworking and managed offices, are offered.
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| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
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| domain | founded_year | HQ Location |
Managed office spaces and coworking environments are provided for businesses.
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| domain | founded_year | HQ Location |
Operator of shared workspaces, private offices, and virtual office solutions
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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 Myhq
Frequently Asked Questions about myHQ
When was myHQ founded?
myHQ was founded in 2016.
Where is myHQ located?
myHQ is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of myHQ?
Utkarsh Kawatra is the current CEO of myHQ. They have also founded this company.
Is myHQ a funded company?
myHQ is a funded company, having raised a total of $2.81M across 7 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Sep 08, 2016.
How many employees does myHQ have?
As of Apr 05, 2024, the latest employee count at myHQ is 22.
What is the annual revenue of myHQ?
Annual revenue of myHQ is $461.27K as on Mar 31, 2023.
What does myHQ do?
myHQ was founded in 2016 and is based in Delhi, India. An online marketplace is operated to facilitate bookings for shared office spaces in the coworking sector. Services include on-demand passes for individuals and teams, permanent workspaces, professional business addresses, and virtual office options. Amenities such as WiFi and discounted food and beverages are incorporated into various membership plans.
Who are myHQ's investors?
myHQ has 45 investors. Key investors include Facebook, ANAROCK, LetsVenture, Suashish, and India Quotient.
What is myHQ's valuation?
The valuation of myHQ is $5.94M as of Jan 2021.