About OnGrid
OnGrid is a company based in Gurugram (India) founded in 2015 by Vineet Bansal and Piyush Peshwani. OnGrid has raised $440.54 thousand across 2 funding rounds from investors including CB 1 and Dexter Ventures. The company has 284 employees as of April 06, 2024. OnGrid has completed 3 acquisitions, including Ancora Tech, IDcentral and Reczee. OnGrid offers products and services including Identity Verification, Criminal Record Check, Address Verification, Employment Verification, and Education Verification. OnGrid operates in a competitive market with competitors including IDfy, Checkr, Fama, Certn and KarmaCheck, among others.
- Headquarter Gurugram, India
- Employees 284 as on 06 Apr, 2024
- Founders Vineet Bansal, Piyush Peshwani
- Stage Minicorn
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Handy Online Solutions Private Limited
- Date of Incorporation 01 May, 2015
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$3.25 M (USD)99.27as on Mar 31, 2022
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Net Profit
$745.46 K (USD)181.73as on Mar 31, 2022
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EBITDA
$1.14 M (USD)126.4as on Mar 31, 2022
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Total Equity Funding
$440.54 K (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
CB 1
& 1 more
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Employee Count
284
as on Apr 06, 2024
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Investments & Acquisitions
Ancora Tech
& 2 more
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Products & Services of OnGrid
OnGrid offers a comprehensive portfolio of products and services, including Identity Verification, Criminal Record Check, Address Verification, Employment Verification, and Education Verification.
Checks authenticity of candidate identity documents.
Identifies criminal or civil cases from court records.
Validates candidate's permanent or current addresses.
Authenticates professional history and job details.
Confirms educational qualifications and credentials.
People of OnGrid
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Funding Insights of OnGrid
OnGrid has successfully raised a total of $440.54K across 2 strategic funding rounds. 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 OnGrid
OnGrid has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include CB 1 and Dexter Ventures.
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Pre-seed and seed-stage investments are made across multiple sectors.
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Investor details for OnGrid
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by OnGrid
OnGrid has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ancora Tech, IDcentral and Reczee.
Investment portfolio details for OnGrid
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Reczee provides AI platforms to streamline recruitment, manage candidates, and support data-driven hiring.
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Locked | Locked | 2021 | Locked | |
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AI-powered identity verification and KYC onboarding solutions are provided.
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Locked | Locked | 2019 | Locked | |
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Ancora Tech provides performance management solutions for enterprises.
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Locked | Locked | 2018 | Locked |
Complete acquisition details for OnGrid
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - OnGrid
Detailed financials for OnGrid
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Ongrid Comparisons
Peer comparison for OnGrid
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of OnGrid
OnGrid 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 IDfy, Checkr, Fama, Certn and KarmaCheck, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Identity verification, background screening, and fraud prevention solutions are provided.
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AI platform for employee background verification is utilized.
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Social Media Background and Digital Footprint check
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AI-enabled platform for background verification and profiling is provided.
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Cloud-based background checks for employee screening are facilitated.
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Background verification for candidates' employment and income is automated.
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Detailed competitors of OnGrid
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- Full company profiles
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Latest news on Ongrid
Complete news archive for OnGrid
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about OnGrid
OnGrid was founded in 2015.
OnGrid is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Piyush Peshwani is the current CEO of OnGrid. They have also founded this company.
OnGrid is a funded company, having raised a total of $440.54K across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at OnGrid is 284.
Annual revenue of OnGrid is $3.25M as on Mar 31, 2022.
Provider of background verification solutions for applicant tracking. The product modules include white and blue collar verification and vendor due diligence. It lists blue-collar workers connected identity numbers and details about ID, residence, phone number, occupation, abilities, ratings, and other details. In addition to posting reviews about experts, it lets candidates submit details with permission. It offers a digital locker where candidates credentials can be added and locked. It also offers solutions for criminal verification, employment verification, education verification address verification and more. The offering sectors include recruitment, manufacturing, healthcare, retail, finance, banking, etc.
OnGrid offers Identity Verification, Criminal Record Check, Address Verification, Employment Verification, and Education Verification.
OnGrid has made 3 acquisitions, including Ancora Tech, IDcentral, and Reczee.
OnGrid has 2 investors. Key investors include CB 1, and Dexter Ventures.
The valuation of OnGrid is $2.94M as of Jul 2015.