About People Group
People Group is a company based in Mumbai (India) founded in 1996 by Anupam Mittal and Anand Murarilal Mittal. It operates as a Two-Sided Marketplace. People Group has raised $14.09 million across 6 funding rounds from investors including SVB, WestBridge Capital and Apex Fund Services. People Group offers products and services including Shaadi.com, Sangam.com, and AstroChat.
- Headquarter Mumbai, India
- Founders Anupam Mittal, Anand Murarilal Mittal
- Stage Minicorn
-
Sectors
Education
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name People Interactive (I) Pvt Ltd
- Date of Incorporation 25 Feb, 2000
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$37.34 M (USD)18.89as on Mar 31, 2023
-
Net Profit
$-2.14 M (USD)-30.9as on Mar 31, 2023
-
EBITDA
$-1.88 M (USD)-43.95as on Mar 31, 2023
-
Total Equity Funding
$14.09 M (USD)
in 6 rounds
-
Latest Funding Round
-
Investors
SVB
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of People Group
People Group offers a comprehensive portfolio of products and services, including Shaadi.com, Sangam.com, and AstroChat. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for matchmaking services is provided online.
Online matchmaking services are facilitated for users here.
Astrology consultation services are offered through this platform.
Unlock access to complete
Unlock access to complete
Funding Insights of People Group
People Group has successfully raised a total of $14.09M across 6 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
-
First Round
First Round
(08 Mar 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Debt – Venture - People Group | Valuation |
investors |
|
| Apr, 2011 | Amount | Unspecified - People Group | Valuation | WestBridge Capital , Apex Fund Services |
|
| Nov, 2009 | Amount | Unspecified - People Group | Valuation | Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in People Group
People Group has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, WestBridge Capital and Apex Fund Services. 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 |
|---|---|---|---|---|
|
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Venture debt financing is extended to companies across multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by People Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - People Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
People Group Comparisons
Competitors of People Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on People Group
Frequently Asked Questions about People Group
When was People Group founded?
People Group was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Where is People Group located?
People Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of People Group?
Anupam Mittal is the current CEO of People Group. They have also founded this company.
Is People Group a funded company?
People Group is a funded company, having raised a total of $14.09M across 6 funding rounds to date. The company's 1st funding round was a Unspecified of $1.01M, raised on Mar 08, 2006.
What is the annual revenue of People Group?
Annual revenue of People Group is $37.34M as on Mar 31, 2023.
What does People Group do?
People Group is involved in the creation, operation, and investment in digitally led brands originating from India. The focus is placed on disrupting existing markets through innovative online platforms. Sectors such as matchmaking and astrology are targeted with solutions like Shaadi.com, Sangam.com, and AstroChat. The mission is set to establish or support 100 of the top 1000 digital brands by 2025. Leadership and culture are emphasized to drive bold outcomes and innovation.
What products or services does People Group offer?
People Group offers Shaadi.com, Sangam.com, and AstroChat.
Who are People Group's investors?
People Group has 6 investors. Key investors include SVB, WestBridge Capital, Apex Fund Services, InnoVen Capital, and Sequoia Capital.
What is People Group's valuation?
The valuation of People Group is $22.87M as of Apr 2011.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.