About OneHop
OneHop is a company based in Ahmedabad (India) founded in 2015.. OneHop has raised $132.91 thousand across 2 funding rounds from investors including LEAF GLS University Incubator, Prakash Ramanlal Shah and Nikita M Patel. The company has 2 employees as of April 07, 2024. OneHop operates in a competitive market with competitors including Little Black Book, Pretr, SwagBag, Zakoopi and Hashstar, among others.
- Headquarter Ahmedabad, India
- Employees 2 as on 07 Apr, 2024
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lomoso Solutions Private Limited
- Date of Incorporation 14 Jul, 2016
- Jurisdiction Ahmadabad City, Gujarat, India
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Annual Revenue
$111.11 K (USD)-49.01as on Mar 31, 2022
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Net Profit
$-21.2 K (USD)-303.01as on Mar 31, 2022
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EBITDA
$43.94 K (USD)-51.62as on Mar 31, 2022
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Total Equity Funding
$132.91 K (USD)
in 2 rounds
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Latest Funding Round
$97.66 K (USD), Angel Round
Dec 31, 2018
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Investors
LEAF GLS University Incubator
& 15 more
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Employee Count
2
as on Apr 07, 2024
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Funding Insights of OneHop
OneHop has successfully raised a total of $132.91K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $97.66 thousand completed in December 2018. 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 2
- Last Round Angel Round — $97,661
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First Round
First Round
(02 Sep 2018)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Angel Round - OneHop | Valuation | Prakash Ramanlal Shah | |
| Sep, 2018 | Amount | Seed - OneHop | Valuation | LEAF |
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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 OneHop
OneHop has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include LEAF GLS University Incubator, Prakash Ramanlal Shah and Nikita M Patel. 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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Hardware startups are incubated by LEAF, backed by GLS University.
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Founded Year | Domain | Location | |
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PR
Prakash Ramanlal Shah |
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|
Founded Year | Domain | Location |
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NM
Nikita M Patel |
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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 OneHop
| 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 - OneHop
| 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 |
Onehop Comparisons
Competitors of OneHop
OneHop 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 Little Black Book, Pretr, SwagBag, Zakoopi and Hashstar, 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 |
Multi-category products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Discovery, reservation, and ordering from local stores are facilitated online.
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| domain | founded_year | HQ Location |
A mobile app that enables users to find deals and offers via reverse auctions.
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| domain | founded_year | HQ Location |
Location-based discovery of fashion and apparel stores is facilitated.
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| domain | founded_year | HQ Location |
Operates an online hyperlocal marketplace for a variety of fashion products.
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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 OneHop
When was OneHop founded?
OneHop was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is OneHop located?
OneHop is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Is OneHop a funded company?
OneHop is a funded company, having raised a total of $132.91K across 2 funding rounds to date. The company's 1st funding round was a Seed of $35.25K, raised on Sep 02, 2018.
How many employees does OneHop have?
As of Apr 07, 2024, the latest employee count at OneHop is 2.
What is the annual revenue of OneHop?
Annual revenue of OneHop is $111.11K as on Mar 31, 2022.
What does OneHop do?
OneHop was founded in 2015 in Ahmedabad, India, as a platform in the fashion retail sector. Local shops are supported through customer management, inventory tracking, and campaign tools. Users browse collections, communicate with store owners, and complete purchases within the app. Insights on marketing performance, customer patterns, and trending products are generated. The service operates via iOS and Android applications.
Who are the top competitors of OneHop?
OneHop's top competitors include Little Black Book, Findow and Pretr.
Who are OneHop's investors?
OneHop has 16 investors. Key investors include LEAF GLS University Incubator, Prakash Ramanlal Shah, Nikita M Patel, Hina Thakarar, and Kalpana Sutaria.
What is OneHop's valuation?
The valuation of OneHop is $2.39M as of Dec 2018.