About Odwen
Odwen is a company based in Hyderabad (India) founded in 2018 by Vijay Anand Bhagavatula. Odwen has raised $1.25 million across 5 funding rounds from investors including Techstars, Y Combinator and Leonis Investment.
- Headquarter Hyderabad, India
- Founders Vijay Anand Bhagavatula
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website odwen.co.in
- Social LinkedIn X Facebook
- Annual Revenue$11.69 K (USD)-94as on Mar 31, 2024
- Net Profit-$1.75 K (USD)-107as on Mar 31, 2024
- EBITDA$3.81 K (USD)-87as on Mar 31, 2024
- Total Equity Funding$1.25M (USD)
in 5 rounds
- Latest Funding Round$125K (USD), Seed
Sep 2021
- InvestorsTechstars
& 21 more
Funding Insights of Odwen
Odwen has successfully raised a total of $1.25M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in September 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 $1.25M
- Total Rounds 5
- Last Round Seed — $125,000
- First Round $96,174
(May 2019)
- Investors Count 22
All 5 funding rounds of Odwen 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 |
|---|---|---|---|---|---|
| Sep 2021 | $125,000 | Seed | – | Y Combinator | – |
| Jun 2021 | $570,000 | Seed | – | Leonis Investment | – |
| Jan 2021 | $338,048 | Seed | $2.83M | Techstars | |
| Sep 2019 | $120,000 | Seed | $1.54M | Techstars | |
| May 2019 | $96,174 | Angel Round | $••••• | Gokaraju Rama Raju |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2021 | $2.83M | •••••••• |
| Sep 2019 | $1.54M | •••••••• |
Last known valuation $2.83M (Jan 2021). 22 investors in total: 4 institutional and 18 angel.
Investors in Odwen
Odwen has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Techstars, Y Combinator and Leonis Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Early-stage venture capital fund backed by Gabriel Jarrosson | – | leonis.vc | Paris, France | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Management consulting services are provided to businesses. | – | cerametconsultants.tcc.mode | Mumbai, India | |
AG Amit Gunchandra Mehta | - | – | unknown_0d6cbe95e14641b6a | - |
GR G Rekha | - | – | unknown_c6baa4563deb4e4a9 | - |
PA P Anitha | - | – | unknown_b164e54b24d24be49 | - |
MS M Shikar | - | – | unknown_45419a9cc3e84897a | - |
SP S Parasmal Gidia | - | – | unknown_3b7ee629d04041d2a | - |
PA Pinky Akash Kumar | - | – | unknown_33f551f3c4974977a | - |
Investor details for Odwen
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Odwen
6 people are tracked at Odwen (3 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
ANOOP DWIVEDI | Chief Operations Manager | Leadership |
Raman Khanna | Senior Vice President | Leadership |
Anoop Joshi | Senior Software Developer | Team |
Akash Gupta | Senior Business Development Manager | Team |
Pawan Kumar | Senior Software Engineer | Team |
Complete people profiles for Odwen
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Odwen
4 dated milestones of Odwen across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Odwen is founded.
- Funding First funding round of $96K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $125K.
Web traffic of Odwen
The website of Odwen (odwen.co.in) receives about 6.1K visits a month.
- Monthly visits6.1K
▲ 3216.4% vs previous month
Similar companies to Odwen
10 companies that operate in the same segment as Odwen (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Odwen
Odwen was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Odwen is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Vijay Anand Bhagavatula is the current CEO of Odwen. They have also founded this company.
Odwen is a funded company, having raised a total of $1.25M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $96.17K, raised on May 2019.
Annual revenue of Odwen is $11.69K as on Mar 31, 2024.
Odwen was established in 2018 in Hyderabad, India, as an on-demand platform in the logistics sector. Warehouse fulfilment services are made available to small and medium enterprises through a marketplace model. Spaces for storage and associated services, such as inventory management, can be discovered and reserved online. Operations focus on connecting businesses with providers to streamline supply chain needs in the Indian market.
Odwen has 22 investors. Key investors include Techstars, Y Combinator, Leonis Investment, Amit Gunchandra Mehta, and G Rekha.
The valuation of Odwen is $2.83M as of Jan 2021.