About OhLocal
OhLocal is a Retail company based in Noida (India) founded in 2020 by Devashish Goyal. Bidding marketplace for local services is facilitated by AI-enabled app. OhLocal has raised $150.31 thousand across 1 funding round from investors including India Accelerator, Kolte Patil Family Office and Arindam Mukhopadhyay. The company has 1 employees. OhLocal was last valued at $1.1 million in September 2021. Its chief executive, as recorded, is Devashish Goyal. Its focus areas include Horizontal E-Commerce, Marketplace and Auction. Its legal entity in India is O2O Mavericks Private Limited (U52520UP2021PTC140855). Its competitors include Bidzapp, BidforX and Uber Dreams; 1 of its 3 listed competitors has raised funding.
Company details
OhLocal was founded in 2020 in Noida, India, as a technology platform in the local services sector. An AI-enabled mobile app is operated to connect consumers with nearby service providers. Bids on required services or products are placed by merchants, allowing orders to be fulfilled through in-app online payments. The application is available exclusively for Android devices, supporting transactions in the Indian market.
- Headquarters Noida, India
- Employees 1
- Founders Devashish Goyal
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website ohlocal.in
- Social LinkedIn Facebook
- Legal Name O2o Mavericks Private Limited
- Date of Incorporation 25 Jan, 2021
- Jurisdiction Meerut, Uttar Pradesh, India
- Annual Revenue₹11,601
FY 2022
- Net Loss-₹13.5 Lakh
FY 2022 · -11678% margin
- EBITDA-₹13.5 Lakh
FY 2022 · -11672% margin
- Total Equity Funding$150.31K (USD)
in 1 rounds
- Latest Funding Round$150.31K (USD), Seed
Sep 2021
- InvestorsIndia Accelerator
& 15 more
- Employee Count1
Associated legal entities of OhLocal
OhLocal operates through O2o Mavericks Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| O2o Mavericks Private Limited CIN U52520UP2021PTC140855 | Active | 25 Jan 2021 | Meerut, Uttar Pradesh | ₹0.0 Cr | 3 | View details |
Funding Insights of OhLocal
OhLocal has successfully raised a total of $150.31K through 1 strategic funding round. The most recent funding activity was a Seed round of $150.31 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 $150,308
- Total Rounds 1
- Last Round Seed — $150,308
- First Round $150,308
(Sep 2021)
- Investors Count 16
All 1 funding rounds of OhLocal 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 | $150,308 | Seed | $1.1M | India Accelerator, Seema Somdatta Samb |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $1.1M | •••••••• |
Last known valuation $1.1M (Sep 2021). 16 investors in total: 5 institutional and 11 angel.
Investors in OhLocal
OhLocal has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include India Accelerator, Kolte Patil Family Office and Arindam Mukhopadhyay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup acceleration, funding, and mentorship services are delivered by India Accelerator. | 2017 | indiaaccelerator.co | Gurugram, India | |
Venture capital firm focused on early stage companies | kpfoventures.com | Mumbai, India | ||
Seed-stage venture capital investments are targeted by Singhvi Heritage. | Chennai, India | |||
Limited information available | Chennai, India | |||
Aquilo Sanitaryware is engaged in providing bathroom solutions. | aquilo.in | Nagpur, India | ||
AM Arindam Mukhopadhyay | unknown_964a693ecec048a9b | |||
BA Bipasha Acharya | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | unknown_bb602f8d02e54dc49 | ||
SS Seema Somdatta Samb | Angel investor focusing on early-stage startups in India, tech enthusiast | unknown_545555b95aa541b78 | ||
RK R K Agarwal | unknown_094e91befb7e4c679 | |||
SS Somdatta Sadashiv Samb | Angel investor focusing on early-stage Indian startups in tech and innovation. | unknown_74f0978f5e2b46d4b |
Investor details for OhLocal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of O2o Mavericks Private Limited (OhLocal)
O2o Mavericks Private Limited is the primary company behind OhLocal. The board of O2o Mavericks Private Limited currently have 3 directors; the longest-serving is Arun Hajela, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Hajela DIN 08417968 | Director | 25 Jan 2021 | 5 yrs 9 mo | O2o Mavericks Private Limited |
| Devashish Goyal DIN 07562113 | Director | 25 Jan 2021 | 5 yrs 9 mo | O2o Mavericks Private Limited |
| Sahil Goel DIN 07492814 | Director | 21 Sep 2022 | 4 yrs 1 mo | O2o Mavericks Private Limited |
People of OhLocal
1 people are tracked at OhLocal (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for OhLocal
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.
Financials of OhLocal
Figures of O2o Mavericks Private Limited, the primary company behind OhLocal, for FY 2022. Revenue was ₹11,601. Net loss was -₹13.5 Lakh (-11678% margin). EBITDA was -₹13.5 Lakh (-11672% margin).
- ₹11,601Revenue · FY 2022
- -₹13.5 LakhNet loss · -11678% margin
- -₹13.5 LakhEBITDA · -11672% margin
- ₹10,750Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of O2o Mavericks Private Limited are on its company page.
Detailed financial statements for OhLocal
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of OhLocal
3 dated milestones of OhLocal across 1 years, from founding to its latest funding, stage changes and deals.
- Founded OhLocal is founded.
- Funding First funding round of $150K.
- Milestone Reaches Minicorn status.
Competitors of OhLocal
OhLocal has 3 listed competitors in our database, 1 of them funded. They include Bidzapp, BidforX and Uber Dreams.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bidzapp.in | 2020 | Bengaluru, India | Multi-category products are auctioned through an online platform. | |||
| bidforx.com | 2017 | Kolkata, India | Operates an app-based auction marketplace for a wide range of products. | |||
| uberdreams.com | 2014 | Mumbai, India | $500,000 | Multi-category products are auctioned online through a mobile app platform. |
Detailed competitors of OhLocal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as OhLocal (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 |
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Related news about Ohlocal
Complete news archive for OhLocal
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Frequently Asked Questions about OhLocal
OhLocal was founded in 2020 and raised its 1st funding round 1 year after it was founded.
OhLocal is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Devashish Goyal is the CEO of OhLocal, as recorded in our data. They have also founded this company.
OhLocal is a funded company, having raised a total of $150.31K across 1 funding round to date. The company's 1st funding round was a Seed of $150.31K, raised on Sep 2021.
OhLocal has 1 employees.
The primary company behind OhLocal, O2o Mavericks Private Limited, reported revenue of ₹11,601 for FY 2022.
OhLocal was founded in 2020 in Noida, India, as a technology platform in the local services sector. An AI-enabled mobile app is operated to connect consumers with nearby service providers. Bids on required services or products are placed by merchants, allowing orders to be fulfilled through in-app online payments. The application is available exclusively for Android devices, supporting transactions in the Indian market.
OhLocal's top competitors include Bidzapp, Uber Dreams and BidforX.
OhLocal has 16 investors. Key investors include India Accelerator, Kolte Patil Family Office, Arindam Mukhopadhyay, Bipasha Acharya, and Seema Somdatta Samb.
The valuation of OhLocal is $1.1M as of Sep 2021.
OhLocal operates through O2o Mavericks Private Limited.
The legal entities of OhLocal currently have 3 directors, including Arun Hajela, Sahil Goel, Devashish Goyal.