OffiNeeds

Bengaluru, India Founded: 2005 • Age: 21 yrs
Customized corporate gifting services are offered online to B2B clients.
Annual revenue $4.9M Latest available
Total funding $18,409 1 rounds
Employees 105 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About OffiNeeds

OffiNeeds is a company based in Bengaluru (India) founded in 2005 by Srikanth Acharya. OffiNeeds has raised $18.41 thousand across 1 funding round from investors including K A Ravi Shankar, K A Nanjunda and Naveen Lakkur. The company has 105 employees as of April 07, 2024. OffiNeeds offers products and services including Corporate Gifts, Home Delivery, New Joinee Kits, Official BrandStores, and Gift Voucher Solutions. OffiNeeds operates in a competitive market with competitors including Printo, Swageazy, eYantra, PrintBrix and DilSeBol, among others.

  • Headquarter Bengaluru, India
  • Employees 105 as on 07 Apr, 2024
  • Founders Srikanth Acharya
  • Sectors
    Retail
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Touchstone Enterprises Private Limited
  • Date of Incorporation 31 Dec, 2008
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.94 M (USD)
    13.92
    as on Mar 31, 2023
  • Net Profit
    $20.58 K (USD)
    -92.45
    as on Mar 31, 2023
  • EBITDA
    -$26.61 K (USD)
    -106.35
    as on Mar 31, 2023
  • Total Equity Funding
    $18.41 K (USD)

    in 1 rounds

  • Latest Funding Round
    $18.41 K (USD), Angel Round

    Jan 01, 2016

  • Investors

    & 2 more

  • Employee Count
    105

    as on Apr 07, 2024

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Products & Services of OffiNeeds

OffiNeeds offers a comprehensive portfolio of products and services, including Corporate Gifts, Home Delivery, New Joinee Kits, Official BrandStores, and Gift Voucher Solutions.

Product name locked
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Primary

Customized gifts for enhancing employee engagement and brand promotion.

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Guaranteed delivery of corporate gifts directly to recipients' homes.

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Surprise goodie packs to improve remote onboarding for new employees.

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White-labeled stores for company merchandise and employee rewards.

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Vouchers from multiple brands for employee recognition programs.

People of OffiNeeds

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Nandhini Karthick
Business Development Manager
People
Prasad Maripudi
Head Of Finance And Accounting
People
Niraj Modak
Chief Technology Officer (cto)
People
Srinath Setty
Director Corporate Finance

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Funding Insights of OffiNeeds

OffiNeeds has successfully raised a total of $18.41K through 1 strategic funding round. The most recent funding activity was a Angel Round of $18.41 thousand completed in January 2016. 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.

Investors in OffiNeeds

OffiNeeds has secured backing from 3 investors, including angel investors. Prominent investors backing the company include K A Ravi Shankar, K A Nanjunda and Naveen Lakkur.

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Angel
Investor Description Founded Year Domain Location

K A Ravi Shankar

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K A Nanjunda

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Naveen Lakkur

Angel investor, mentor, and co-founder of Startup Weekend India.
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Investor details for OffiNeeds

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Investments & Acquisitions by OffiNeeds

Investments
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Investment portfolio details for OffiNeeds

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Financial Statements - OffiNeeds

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Detailed financials for OffiNeeds

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Offineeds Comparisons

OffiNeeds Primary company
Description
Customized corporate gifting services are offered online to ...
Location
Bengaluru, India
Founded Year
2005
Annual Revenue
$4.94 M (USD)
Net Profit
$20.58 K (USD)
EBITDA
-$26.61 K (USD)
Employees
105
As of 2024
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Peer comparison for OffiNeeds

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Competitors of OffiNeeds

OffiNeeds 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 Printo, Swageazy, eYantra, PrintBrix and DilSeBol, among others.

Company Name Domain Founded year HQ Location Description
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Online printing services for businesses are provided.
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Platform offering offline gifting automation platform
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Online platform that specializes in providing customized corporate gifts
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Promotional products and services are distributed online by PrintBrix.
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Online portal to create, buy and gift customized merchandise
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Provides comprehensive corporate gift solutions for businesses.
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Detailed competitors of OffiNeeds

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Latest news on Offineeds

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Complete news archive for OffiNeeds

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Frequently Asked Questions about OffiNeeds

OffiNeeds was founded in 2005 and raised its 1st funding round 11 years after it was founded.

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

Srikanth Acharya is the current CEO of OffiNeeds. They have also founded this company.

OffiNeeds is a funded company, having raised a total of $18.41K across 1 funding round to date.

As of Apr 07, 2024, the latest employee count at OffiNeeds is 105.

Annual revenue of OffiNeeds is $4.94M as on Mar 31, 2023.

Founded in 2005 and based in Bengaluru, India, OffiNeeds operates as an online B2B platform in the corporate gifting sector. Customized services are provided for employee onboarding, merchandise, and gift vouchers, with a catalog featuring gadgets, apparel, office tools, and photo frames. Options for personalization include embroidery, printing, embossing, screen printing, UV printing, and engraving.

OffiNeeds's top competitors include Swageazy, Printo and eYantra.

OffiNeeds offers Corporate Gifts, Home Delivery, New Joinee Kits, Official BrandStores, and Gift Voucher Solutions.

OffiNeeds has 3 investors. Key investors include K A Ravi Shankar, K A Nanjunda, and Naveen Lakkur.

The valuation of OffiNeeds is $35.25K as of Jan 2016.

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