Niflr

Bengaluru, India Founded: 2017 • Age: 9 yrs
Omnichannel grocery retail is operated through self-checkout stores.
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About Niflr

Niflr is a company based in Bengaluru (India) founded in 2017.. Niflr has raised $680.36 thousand across 4 funding rounds from investors including Wellfound, LetsVenture and Techstars. Niflr operates in a competitive market with competitors including Ezetap, Daalchini, ITAB, Vendekin and Innoviti, among others.

  • Headquarter Bengaluru, India
  • Stage Minicorn
  • Sectors
    Consumer
    Retail Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Niflr Technologies Private Limited
  • Date of Incorporation 12 Jul, 2017
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Consumer → Food, Beverage & Nutrition → →
Retail → Retail Technology & Automation → →
Retail → E-Commerce Platforms & Marketplaces → →
Financial Services → FinTech & Digital Finance → →
Retail → E-Commerce Platforms & Marketplaces → →
Retail → E-Commerce Technology & Services → →
Key Metrics
  • Annual Revenue
    $84.8 K (USD)
    -4.52
    as on Mar 31, 2023
  • Net Profit
    $-148.84 K (USD)
    -265.92
    as on Mar 31, 2023
  • EBITDA
    $-148.54 K (USD)
    -68.61
    as on Mar 31, 2023
  • Total Equity Funding
    $680.36 K (USD)

    in 4 rounds

  • Latest Funding Round
    $20 K (USD), Seed

    Sep 22, 2023

  • Investors
    Wellfound

    & 36 more

  • Employee Count
    Employee Count
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Funding Insights of Niflr

Niflr has successfully raised a total of $680.36K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in September 2023. 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 Rounds 4
  • Last Round Seed — $20,000
  • First Round

    (14 Jul 2018)

  • Investors Count 37
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Seed - Niflr Valuation Techstars
Apr, 2020 Amount Angel Round - Niflr Valuation Abhishek Nahar , Amit Kumar Agrawal
May, 2019 Amount Seed - Niflr Valuation LetsVenture
Wellfound , Upsparks Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Niflr

Niflr has secured backing from 37 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wellfound, LetsVenture and Techstars. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Techstars
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Upsparks Capital
Micro venture capital fund focused on tech startups
Founded Year Domain Location
LetsVenture
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Niflr

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Niflr

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Niflr Comparisons

Employees
+
Add Comparison
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Competitors of Niflr

Niflr 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 Ezetap, Daalchini, ITAB, Vendekin and Innoviti, 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
Ezetap
domain founded_year HQ Location
Cloud-based mPOS software and hardware solutions are provided for businesses.
Daalchini
domain founded_year HQ Location
Online platform offering smart vending machine retail solutions
ITAB
domain founded_year HQ Location
Self-checkout solutions are provided for retail businesses worldwide.
Vendekin
domain founded_year HQ Location
Cashless vending solutions are integrated for smart product dispensing.
Innoviti
domain founded_year HQ Location
Integrated online and offline payment solutions are provided for businesses.
QueueBuster
domain founded_year HQ Location
All-in-one POS and business management system is provided.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Niflr

Frequently Asked Questions about Niflr

When was Niflr founded?

Niflr was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Niflr located?

Niflr is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Is Niflr a funded company?

Niflr is a funded company, having raised a total of $680.36K across 4 funding rounds to date. The company's 1st funding round was a Seed of $560.36K, raised on Jul 14, 2018.

What is the annual revenue of Niflr?

Annual revenue of Niflr is $84.8K as on Mar 31, 2023.

What does Niflr do?

Niflr was founded in 2017 in Bengaluru, India, within the grocery retail sector. Unmanned self-checkout stores are operated at apartment complexes, enabling residents to purchase items directly. An online platform supports ordering of unavailable products for door delivery, along with subscription services for daily essentials delivered each morning. Web and mobile applications are provided for Android and iOS users to facilitate orders.

Who are the top competitors of Niflr?

Niflr's top competitors include Daalchini, Ezetap and Innoviti.

Who are Niflr's investors?

Niflr has 37 investors. Key investors include Wellfound, LetsVenture, Techstars, Upsparks Capital, and Abhishek Nahar.

What is Niflr's valuation?

The valuation of Niflr is $4.66M as of Apr 2020.

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