About PassWork
PassWork is a company based in Mumbai (India) founded in 2018 by Mohit Malara. PassWork has raised $157.25 thousand across 2 funding rounds from investors including Vivek Bathija, Milind Shah and Parimal Rajnikant Shroff. PassWork offers products and services including Online Auction Platform, Auction Catalog Browsing, and Bidding Services. PassWork operates in a competitive market with competitors including Deskpass, Upsuite, Tandem, Workfrom and Workero, among others.
- Headquarter Mumbai, India
- Founders Mohit Malara
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Sectors
Real Estate & Construction
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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 Passwork Technologies Private Limited
- Date of Incorporation 03 May, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.2 K (USD)0as on Mar 31, 2020
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Net Profit
-$42.77 K (USD)0as on Mar 31, 2020
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EBITDA
-$53.52 K (USD)0as on Mar 31, 2020
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Total Equity Funding
$157.25 K (USD)
in 2 rounds
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Latest Funding Round
$54.56 K (USD), Angel Round
Feb 01, 2021
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Investors
& 5 more
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Employee Count
Not available
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Products & Services of PassWork
PassWork offers a comprehensive portfolio of products and services, including Online Auction Platform, Auction Catalog Browsing, and Bidding Services.
Platform for real-time bidding on fine art and antiques
Tool for searching and viewing auction items online
Services for placing bids and tracking auctions
Funding Insights of PassWork
PassWork has successfully raised a total of $157.25K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $54.56 thousand completed in February 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.
Investors in PassWork
PassWork has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Vivek Bathija, Milind Shah and Parimal Rajnikant Shroff.
| Investor | Description | Founded Year | Domain | Location |
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Vivek Bathija |
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Milind Shah |
Angel investor and entrepreneur, focusing on early-stage Indian startups.
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Parimal Rajnikant Shroff |
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Investor details for PassWork
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by PassWork
Investment portfolio details for PassWork
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - PassWork
Detailed financials for PassWork
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
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Passwork Comparisons
Peer comparison for PassWork
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of PassWork
PassWork 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 Deskpass, Upsuite, Tandem, Workfrom and Workero, among others.
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An online marketplace is operated for booking shared office spaces.
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Co-working spaces are booked via an online B2B marketplace.
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Hybrid teams are matched with co-tenants through an office-share platform.
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A global marketplace for curated co-working spaces is operated.
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Online platform to find and book workspaces
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Flexible workplaces are discovered and booked by mobile professionals globally.
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Detailed competitors of PassWork
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Passwork
Complete news archive for PassWork
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- Full article archive
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Frequently Asked Questions about PassWork
PassWork was founded in 2018 and raised its 1st funding round 2 years after it was founded.
PassWork is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
PassWork is a funded company, having raised a total of $157.25K across 2 funding rounds to date.
Annual revenue of PassWork is $1.2K as on Mar 31, 2020.
PassWork was established in 2018 in Mumbai, India, as an app-based marketplace focused on co-working space bookings. Users are allowed to register, search listings, and reserve options such as dedicated desks, private offices, and meeting rooms. Access to spaces is granted by scanning QR codes via the mobile application, which is compatible with Android and iOS devices. Operations include a partnership with WorkWise to expand service availability.
PassWork offers Online Auction Platform, Auction Catalog Browsing, and Bidding Services.
PassWork has 6 investors. Key investors include Vivek Bathija, Milind Shah, Parimal Rajnikant Shroff, Milind Shah, and Gaurav Suresh Gandhi.
The valuation of PassWork is $874.47K as of Feb 2021.