About Peel-Works
Peel-Works is a Technology company based in Mumbai (India) founded in 2010 by Pushkar Raj, Samir Ladak, Arvind Balagopalan, and Sachin Chhabra. Provider of CRM software for grocery retailers. Peel-Works has raised $22.58 million across 13 funding rounds from investors including HDFC Bank, CESC and BlackSoil. The company has 353 employees. Peel-Works was last valued at $35.13 million in April 2021. Its chief executive, as recorded, is Sachin Chhabra. Its Indian entity Peel-Works Private Limited reported revenue of ₹24.30 Cr. Its focus areas include Enterprise Applications, Sales Force Automation, CRM and Enterprise Suite.
Company details
Peel-Works was established in 2010 in Mumbai, India, as a provider of CRM software tailored for grocery retailers. Leads are managed and real-time communication is enabled via the platform. Additional solutions encompass order fulfillment, warehousing, trucking operations, customer support, and staffing services. Operations focus on streamlining retail processes within the software sector.
- Headquarters Mumbai, India
- Employees 353
- Founders Pushkar Raj, Samir Ladak, Arvind Balagopalan, Sachin Chhabra
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website peel-works.com
- Social LinkedIn X Facebook
- Legal Name Peel-Works Private Limited
- Date of Incorporation 08 Sep, 2010
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹24.30 Cr
FY 2025 · -67% YoY
- Net Loss-₹2.23 Cr
FY 2025 · -9% margin
- EBITDA₹60.5 Lakh
FY 2025 · 2% margin
- Total Equity Funding$22.58M (USD)
in 13 rounds
- Latest Funding Round$1.6M (USD), Series D
Apr 2021
- InvestorsHDFC Bank
& 91 more
- Employee Count353
Associated legal entities of Peel-Works
Peel-Works operates through Peel-Works Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Peel-Works Private Limited CIN U74990MH2010PTC207510 | Active | 08 Sep 2010 | Mumbai, Maharashtra | ₹24.3 Cr | 353 | 2 | View details |
Funding Insights of Peel-Works
Peel-Works has successfully raised a total of $22.58M across 13 strategic funding rounds. The most recent funding activity was a Series D round of $1.6 million completed in April 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 $22.58M
- Total Rounds 13
- Last Round Series D — $1.6M
- First Round $644,911
(Jan 2012)
- Investors Count 92
Latest 10 of 13 funding rounds of Peel-Works 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 |
|---|---|---|---|---|---|
| Apr 2021 | $1.6M | Series D | $35.13M | Anita Menezes Family Trust, Devigroup | |
| Oct 2020 | $2M | Series D | – | – | – |
| Oct 2020 | $1M | Debt – Conventional | – | – | |
| Mar 2020 | $3.51M | Series D | $34.01M | CESC | |
| Nov 2019 | $1.34M | Series C | $••••• | Inventus Capital Partners, Chiratae Ventures | |
| Jan 2019 | Debt – Venture | – | – | ||
| Nov 2018 | $5.79M | Series B | $••••• | Equanimity Investments | |
| Mar 2017 | $3.77M | Series B | – | Unilever Ventures, Chiratae Ventures | |
| Nov 2015 | $1.47M | Series A | $••••• | Chiratae Ventures | |
| Jul 2014 | $2M | Series A | $••••• | Chiratae Ventures, Athera |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $35.13M | •••••••• |
| Mar 2020 | $34.01M | •••••••• |
| Nov 2019 | $••••• | •••••••• |
| Nov 2018 | $••••• | •••••••• |
| Nov 2015 | $••••• | •••••••• |
| Jul 2014 | $••••• | •••••••• |
| Jun 2014 | $••••• | •••••••• |
| Sep 2013 | $••••• | •••••••• |
Full valuation and stage history of Peel-Works
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $35.13M (Apr 2021). 92 investors in total: 27 institutional and 65 angel.
Investors in Peel-Works
Peel-Works has secured backing from 92 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include HDFC Bank, CESC and BlackSoil.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by the private equity firm. | anitamenezesfamilytrust.tcc.mode | |||
Private equity firm focused on multiple sectors | garimellafamilytrust.tcc.mode | Mumbai, India | ||
Early growth stage companies are invested in across multiple sectors. | 2017 | rpsgventuresltd.com | Kolkata, India | |
Early-stage investments are targeted by Inventus Capital Partners. | inventuscap.com | Burlingame, United States | ||
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India | ||
Corporate-backed venture capital firm focused on consumer tech and multiple sectors | unileverventures.com | London, United Kingdom | ||
Venture capital investments in early-stage Indian startups focusing on technology and innovation. | 2017 | equanimityinvestments.com | Mumbai, India | |
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Early-stage venture capital investments are provided by Athera. | 2008 | atheravp.com | Bengaluru, India | |
Tech focused Venture Capital firm investing globally | idgventures.com | San Francisco, United States |
Investor details for Peel-Works
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Board of directors of Peel-Works Private Limited (Peel-Works)
Peel-Works Private Limited is the primary company behind Peel-Works. The board of Peel-Works Private Limited currently have 2 directors; the longest-serving is Kamalkishore Purshotamdas Hada, appointed in 2026. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamalkishore Purshotamdas Hada DIN 00031310 | Director | 21 Aug 2026 | 2 mo | Peel-Works Private Limited |
| Ritesh Kamalkishore Hada DIN 01919749 | Director | 21 Aug 2026 | 2 mo | Peel-Works Private Limited |
People of Peel-Works
4 people are tracked at Peel-Works (4 in leadership); the tracked headcount is 353.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Samir Ladak | Co-Founder | Leadership |
Arvind Balagopalan | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for Peel-Works
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Peel-Works
Figures of Peel-Works Private Limited, the primary company behind Peel-Works, for FY 2025. Revenue was ₹24.30 Cr (-67% year on year). Net loss was -₹2.23 Cr (-9% margin). EBITDA was ₹60.5 Lakh (2% margin). Revenue has grown at a compounded annual rate of -37% over three years and -18% over five years.
- ₹24.30 CrRevenue · FY 2025 · -67% YoY
- -₹2.23 CrNet loss · -9% margin
- ₹60.5 LakhEBITDA · 2% margin
- ₹11.1 LakhPaid-up capital
- 353Employees (provident fund records)
- -37%Revenue CAGR, 3 years
- -18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Peel-Works Private Limited are on its company page.
Detailed financial statements for Peel-Works
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Peel-Works
4 dated milestones of Peel-Works across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Peel-Works is founded.
- Funding First funding round of $645K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series D, of $1.6M.
Web traffic of Peel-Works
Websites that share an audience with Peel-Works (peel-works.com).
Websites whose visitors overlap most with Peel-Works. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| qyuki.com | 100% | 2.4K | #6,620,310 | View details | |
techcircle.vccircle.com | techcircle.vccircle.com | 84% | – | ||
| yourstory.com | 83% | 1.5M | #54,410 | View details | |
| moveinsync.com | 79% | 369.6K | #99,969 | View details | |
f6mail.rediff.com | f6mail.rediff.com | 43% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Peel-Works
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Related news about Peel-Works
Complete news archive for Peel-Works
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Frequently Asked Questions about Peel-Works
Peel-Works was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Peel-Works is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sachin Chhabra is the CEO of Peel-Works, as recorded in our data. They have also founded this company.
Peel-Works is a funded company, having raised a total of $22.58M across 13 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Jan 2012.
Peel-Works has 353 employees.
The primary company behind Peel-Works, Peel-Works Private Limited, reported revenue of ₹24.30 Cr for FY 2025, down 67% year on year.
Peel-Works was established in 2010 in Mumbai, India, as a provider of CRM software tailored for grocery retailers. Leads are managed and real-time communication is enabled via the platform. Additional solutions encompass order fulfillment, warehousing, trucking operations, customer support, and staffing services. Operations focus on streamlining retail processes within the software sector.
Peel-Works has 92 investors. Key investors include HDFC Bank, CESC, BlackSoil, Pinnacle Industries, and RPSG Ventures.
The valuation of Peel-Works is $35.13M as of Apr 2021.
Peel-Works operates through Peel-Works Private Limited.
The legal entities of Peel-Works currently have 2 directors, including Kamalkishore Purshotamdas Hada, Ritesh Kamalkishore Hada.