About Near
Near is a Business Services company based in Gurugram (India) founded in 2014, and was acquired by Paytm in December 2015. It operates as a local services are booked through an online marketplace platform. Near has raised $283.28 thousand across 1 funding round from investors including Paytm, Manish Vij and Prashant Tandon. The company was acqui-hired. Near offers products and services including Near.in App and Service Booking Platform. Its focus areas include Consumer, Local Services, Multi Services and Marketplace. Its competitors include OneDios, Bro4u, LocalOye, Lookup and FindYahan and 2 more; 4 of its 7 listed competitors have raised funding.
Company details
Near was established in 2014 in Gurugram, India, as an online marketplace in the local services sector. Various services, such as home improvement, maintenance, and beauty treatments, are accessed by users who search by location and complete bookings with online payments. Service professionals are evaluated through user ratings and reviews on the platform.
Products & Services of Near
Near offers a comprehensive portfolio of products and services, including Near.in App and Service Booking Platform.
App for booking hyperlocal services with standardized pricing.
Platform enabling purchase of services like plumbers and events.
Funding Insights of Near
Near has successfully raised a total of $283.28K through 1 strategic funding round. The most recent funding activity was a Angel Round of $283.28 thousand completed in January 2015. 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 $283,282
- Total Rounds 1
- Last Round Angel Round — $283,282
- First Round $283,282
(Jan 2015)
- Investors Count 8
All 1 funding rounds of Near 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 |
|---|---|---|---|---|---|
| Jan 2015 | $283,282 | Angel Round | – | Manish Vij, Anupam Mittal |
9 investors in total: 1 institutional and 8 angel.
Investors in Near
Near has secured backing from 9 investors, including angel and institutional investors. Prominent investors backing the company include Paytm, Manish Vij and Prashant Tandon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | paytm.com | Noida, India | |
MV Manish Vij | Founder of SVG Media, angel investor, digital marketing pioneer | – | unknown_6874a901cf7145d28 | - |
PT Prashant Tandon | Co-founder of 1mg, health-tech pioneer, active angel investor in Indian startups | – | unknown_87775762df0c423a9 | - |
AA Akash Agarwal | - | – | unknown_1421840cb1e54e1f9 | - |
HA Himanshu Aggarwal | Co-founder of Aspiring Minds, active angel investor in Indian startups | – | unknown_56930781148e4791b | - |
KS Kevin S Parikh | Angel investor, Chairman of Avasant, focused on tech and digital transformation. | – | unknown_c4f0eef116a443329 | - |
MA Mukesh Agarwal | Founder of Plush, angel investor in Indian startups, ex-Microsoft | – | unknown_23adc91754e44666a | - |
GA Gaurav Agarwal | Co-founder of 1mg, active angel investor in Indian startups | – | unknown_48804e8b77824dd3a | - |
AM Anupam Mittal | Founder of Shaadi.com, angel investor, Shark Tank India judge | – | unknown_c074226906d04eabb | - |
Investor details for Near
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Near
3 dated milestones of Near across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Near is founded.
- Funding First funding round of $283K.
- Exit Acquired by Paytm.
Competitors of Near
Near has 7 listed competitors in our database, 4 of them funded. They include OneDios, Bro4u, LocalOye, Lookup and FindYahan, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onedios.com | 2019 | Noida, India | $2.26M | 74 | Local services are facilitated through an online marketplace platform. | |
| bro4u.com | 2014 | Bengaluru, India | $721,518 | 1 | An online marketplace for local services | |
| localoye.com | 2013 | Bengaluru, India | $5.21M | – | Hosts a digital marketplace for multiple local services. | |
| lookup.to | 2014 | India | $2.88M | – | Online marketplace for multiple local services | |
| findyahan.com | 2013 | Delhi, India | – | – | Local services are searched and booked through an online marketplace. | |
| just-calls.com | 2020 | Ahmedabad, India | – | – | Provides an app-based platform for booking various local services. | |
| mydude.co.in | 2020 | Erode, India | – | – | Offers an app-based platform for accessing multiple local services. |
Detailed competitors of Near
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Top companies in Local & Community Services
10 companies that operate in the same segment as Near (Local & Community Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | – | 969 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | 1,807 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Operates and franchises fitness clubs | 2002 | – | USD 4.49 M | – | 340 | |
Online marketplace that provides home repair & maintenance services | 2012 | New York, New York, United States | USD 112.67 M | – | – |
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Related news about Near
Complete news archive for Near
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Frequently Asked Questions about Near
Near was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Near is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Near is a funded company, having raised a total of $283.28K across 1 funding round to date. The company's 1st funding round was a Angel Round of $283.28K, raised on Jan 2015.
Near was established in 2014 in Gurugram, India, as an online marketplace in the local services sector. Various services, such as home improvement, maintenance, and beauty treatments, are accessed by users who search by location and complete bookings with online payments. Service professionals are evaluated through user ratings and reviews on the platform.
Near offers Near.in App and Service Booking Platform.
Near has 9 investors. Key investors include Paytm, Manish Vij, Prashant Tandon, Akash Agarwal, and Himanshu Aggarwal.
Yes. Near was acquired by Paytm in December 2015.