About OhLocal
OhLocal is a company based in Noida (India) founded in 2020 by Devashish Goyal. 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 as of March 21, 2024. OhLocal operates in a competitive market with competitors including uBid Deals, Bidzapp, BidforX, Uber Dreams and BZINGA, among others.
- Headquarter Noida, India
- Employees 1 as on 21 Mar, 2024
- Founders Devashish Goyal
- Stage Minicorn
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Sectors
Retail
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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 O2o Mavericks Private Limited
- Date of Incorporation 25 Jan, 2021
- Jurisdiction Meerut, Uttar Pradesh, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150.31 K (USD)
in 1 rounds
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Latest Funding Round
$150.31 K (USD), Seed
Sep 23, 2021
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Investors
India Accelerator
& 15 more
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Employee Count
1
as on Mar 21, 2024
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $150,308
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First Round
First Round
(23 Sep 2021)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - OhLocal | Valuation | India Accelerator , Seema Somdatta Samb |
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 |
|---|---|---|---|---|
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Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early stage companies
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Founded Year | Domain | Location | |
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Seed-stage venture capital investments are targeted by Singhvi Heritage.
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Founded Year | Domain | Location |
Investments & Acquisitions by OhLocal
Financial Statements - OhLocal
Ohlocal Comparisons
Competitors of OhLocal
OhLocal 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 uBid Deals, Bidzapp, BidforX, Uber Dreams and BZINGA, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online auctions and fixed-price merchandise sales are offered.
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| domain | founded_year | HQ Location |
Multi-category products are auctioned through an online platform.
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| domain | founded_year | HQ Location |
Operates an app-based auction marketplace for a wide range of products.
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| domain | founded_year | HQ Location |
Multi-category products are auctioned online through a mobile app platform.
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| domain | founded_year | HQ Location |
Play free online games to win prizes and rewards.
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Latest news on Ohlocal
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 current CEO of OhLocal. 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 23, 2021.
As of Mar 21, 2024, the latest employee count at OhLocal is 1.
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 BZINGA, uBid Deals and Bidzapp.
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.