About NeoDove
NeoDove is a company based in Jaipur (India) founded in 2019 by Arpit Khandelwal was acquired by Vyapar in May 2022.. NeoDove has raised $1.57 million across 2 funding rounds from investors including Vyapar, India Quotient and Sumit Agarwal. The company has 62 employees as of April 01, 2024. NeoDove operates in a competitive market with competitors including Bandwidth, Aircall, First Orion, Tenfold and Mcube, among others.
- Headquarter Jaipur, India
- Employees 62 as on 01 Apr, 2024
- Founders Arpit Khandelwal
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Sectors
Technology
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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 Neodove Technologies Private Limited
- Date of Incorporation 14 Jan, 2020
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$244.46 K (USD)147.26as on Mar 31, 2023
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Net Profit
$-245.79 K (USD)21.77as on Mar 31, 2023
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EBITDA
$-336.94 K (USD)-23.03as on Mar 31, 2023
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Total Equity Funding
$1.57 M (USD)
in 2 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Mar 19, 2021
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Investors
Vyapar
& 3 more
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Employee Count
62
as on Apr 01, 2024
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Acquired by
Vyapar
(May 28, 2022)
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Funding Insights of NeoDove
NeoDove has successfully raised a total of $1.57M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in March 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 Seed — $1.5M
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First Round
First Round
(24 Aug 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - NeoDove | Valuation | India Quotient | |
| Aug, 2020 | Amount | Angel Round - NeoDove | Valuation | Ankit Garg |
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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 NeoDove
NeoDove has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Vyapar, India Quotient and Sumit Agarwal. 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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Cloud-based invoicing and inventory tools for small businesses are provided.
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Founded Year | Domain | Location | |
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SA
Sumit Agarwal |
Founder of Wow! Momo, prominent angel investor in Indian startups
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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 NeoDove
| 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 - NeoDove
| 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 |
Neodove Comparisons
Competitors of NeoDove
NeoDove 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 Bandwidth, Aircall, First Orion, Tenfold and Mcube, 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 |
VoIP communication management is facilitated via a cloud-based enterprise platform.
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| domain | founded_year | HQ Location |
SaaS based call center software solution
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| domain | founded_year | HQ Location |
Branded communication solutions are provided for customizing phone calls.
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| domain | founded_year | HQ Location |
Cloud-based telephonic lead nurturing solutions are provided for sales teams.
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| domain | founded_year | HQ Location |
Cloud-based telephony services, including virtual receptionists and IVRS, are provided.
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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 Neodove
Frequently Asked Questions about NeoDove
When was NeoDove founded?
NeoDove was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is NeoDove located?
NeoDove is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Is NeoDove a funded company?
NeoDove is a funded company, having raised a total of $1.57M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $66.81K, raised on Aug 24, 2020.
How many employees does NeoDove have?
As of Apr 01, 2024, the latest employee count at NeoDove is 62.
What is the annual revenue of NeoDove?
Annual revenue of NeoDove is $244.46K as on Mar 31, 2023.
What does NeoDove do?
NeoDove was founded in 2019 in Jaipur, India, as a provider of cloud-based contact center solutions. Telecalling CRM and sales engagement software are offered to support pre-sales and telesales operations. Productivity is enhanced through streamlined calling processes and multi-platform integrations, including social media, websites, and marketplaces. Services are targeted at small and medium enterprises in the sales sector, with a focus on customer engagement and lead management.
Who are the top competitors of NeoDove?
NeoDove's top competitors include Bandwidth, Aircall and First Orion.
Who are NeoDove's investors?
NeoDove has 4 investors. Key investors include Vyapar, India Quotient, Sumit Agarwal, and Ankit Garg.
What is NeoDove's valuation?
The valuation of NeoDove is $980.39K as of Aug 2020.
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