About O hi
O hi is a company based in Jaipur (India) founded in 2019 by Rupal Sharma and Adeeti Singh.. O hi has raised $1.46 million across 4 funding rounds from investors including JITO Incubation & Innovation Foundation, Rahul Mehta and Mahaveer Sharma. The company has 6 employees as of April 05, 2024. O hi operates in a competitive market with competitors including Meetup, Amigos, Reunion.com, Belong and OOt, among others.
- Headquarter Jaipur, India
- Employees 6 as on 05 Apr, 2024
- Founders Rupal Sharma, Adeeti Singh
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Sectors
Media & Entertainment
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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 Saorsa Technocrat Private Limited
- Date of Incorporation 04 Feb, 2019
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$1.94 K (USD)233.42as on Mar 31, 2023
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Net Profit
$-345.08 K (USD)-87.03as on Mar 31, 2023
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EBITDA
$-341.04 K (USD)-87.09as on Mar 31, 2023
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Total Equity Funding
$1.46 M (USD)
in 4 rounds
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Latest Funding Round
$958.73 K (USD), Seed
Jun 26, 2024
- Investors
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Employee Count
6
as on Apr 05, 2024
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Funding Insights of O hi
O hi has successfully raised a total of $1.46M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $958.73 thousand completed in June 2024. 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 4
- Last Round Seed — $958,728
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First Round
First Round
(16 Mar 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - O hi | Valuation | JITO Incubation & Innovation Foundation |
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| Mar, 2022 | Amount | Seed - O hi | Valuation | Rahul Mehta |
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| Jun, 2020 | Amount | Angel Round - O hi | Valuation | Mahaveer Sharma , Vigyan Lodha |
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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 O hi
O hi has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include JITO Incubation & Innovation Foundation, Rahul Mehta and Mahaveer Sharma. 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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Multiple sectors are incubated by the foundation in Mumbai, India.
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Founded Year | Domain | Location | |
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RM
Rahul Mehta |
Angel investor, founder of multiple ventures, focused on tech startups
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Founded Year | Domain | Location |
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MS
Mahaveer Sharma |
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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 O hi
| 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 - O hi
| 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 |
O Hi Comparisons
Competitors of O hi
O hi 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 Meetup, Amigos, Reunion.com, Belong and OOt, 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 |
People are connected via app-based groups for shared interests.
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| domain | founded_year | HQ Location |
A platform is provided for connecting people over real-life activities.
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| domain | founded_year | HQ Location |
Personal search engine & social networking platform
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| domain | founded_year | HQ Location |
A platform for social connections and local event discovery is provided.
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| domain | founded_year | HQ Location |
Social platform for meetups and community discovery is 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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Frequently Asked Questions about O hi
When was O hi founded?
O hi was founded in 2019.
Where is O hi located?
O hi is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Who is the current CEO of O hi?
Rupal Sharma is the current CEO of O hi. They have also founded this company.
Is O hi a funded company?
O hi is a funded company, having raised a total of $1.46M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $56.23K, raised on Mar 16, 2019.
How many employees does O hi have?
As of Apr 05, 2024, the latest employee count at O hi is 6.
What is the annual revenue of O hi?
Annual revenue of O hi is $1.94K as on Mar 31, 2023.
What does O hi do?
O hi was established in 2019 in Jaipur, India, as a social networking service within the mobile app sector. Users are enabled to locate others at the same restaurant and initiate chats. The platform operates through applications available on Android and iOS. Focus is placed on facilitating real-time connections during dining experiences, with services centered in urban areas.
Who are O hi's investors?
O hi has 9 investors. Key investors include JITO Incubation & Innovation Foundation, Rahul Mehta, Mahaveer Sharma, Vigyan Lodha, and Shubham Singh.
What is O hi's valuation?
The valuation of O hi is $981.88K as of Jun 2020.