Perpule

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn Acquired By Amazon
App-based self-checkout is enabled for offline retail stores.

About Perpule

Perpule is a Retail company based in Bengaluru (India) founded in 2016, and was acquired by Amazon in March 2021. It operates as an app-based self-checkout is enabled for offline retail stores. It operates in the Retail and Financial Services sectors. Perpule has raised $6.36 million across 3 funding rounds from investors including Amazon, Venture Highway VC and Kstart. The company has 36 employees. Perpule was last valued at $11.92 million in January 2020. Its Indian entity Delvit Solutions Private Limited reported revenue of ₹31.3 Lakh. Perpule offers products and services including Togel Online, Slot Online, and Live Casino Online. Its focus areas include Food and Agriculture Tech, Online Grocery, Technology Enablers and Grocery Retailers. Its competitors include Ezetap, ITAB, SnapBizz, Innoviti and Evolute and 4 more; 6 of its 9 listed competitors have raised funding.

Company details

Perpule was founded in 2016 in Bengaluru, India, within the retail technology sector. An app-based self-checkout system is offered to offline stores, allowing product scanning, virtual cart preparation, and in-app payments. Information on offers from partners like Godrej, Spar, and More is provided via the Android and iOS app. Additional services include online meal ordering, POS for store management and digital invoicing, and eCommerce solutions.

  • Headquarters Bengaluru, India
  • Employees 36
  • Stage Acquired
  • Sectors
    Retail
    Financial Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website perpule.com
  • Acquired by Amazon (Mar 2021)
  • Legal Name Delvit Solutions Private Limited
  • Date of Incorporation 30 Sep, 2016
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹31.3 Lakh

    FY 2024 · -79% YoY

  • Net Loss
    -₹44.1 Lakh

    FY 2024 · -141% margin

  • EBITDA
    -₹44.1 Lakh

    FY 2024 · -141% margin

  • Total Equity Funding
    $6.36M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.01M (USD), Series A

    Jan 2020

  • Investors
    Amazon

    & 5 more

  • Employee Count
    36
  • Acquired by
    Amazon

    (Mar 2021)

Products & Services of Perpule

Perpule offers a comprehensive portfolio of products and services, including Togel Online, Slot Online, and Live Casino Online.

Togel Online
Lottery Games

Platform for betting on lottery numbers with secure digital access.

Slot Online
Casino Games

Online slots for entertainment and potential winnings.

Live Casino Online
Interactive Gaming

Real-time casino games playable via digital interface.

Funding Insights of Perpule

Perpule has successfully raised a total of $6.36M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.01 million completed in January 2020. 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 $6.36M
  • Total Rounds 3
  • Last Round Series A — $1.01M
  • First Round $650,000

    (Mar 2017)

  • Investors Count 5

All 3 funding rounds of Perpule with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2020$1.01MSeries A$11.92MPrime Venture Partners
Nov 2018$4.7MSeries A$10.49MPrime Venture Partners
Mar 2017$650,000Seed$•••••Kstart
Valuation history
DateValuationStage
Jan 2020$11.92M••••••••
Nov 2018$10.49M••••••••
Mar 2017$•••••••••••••
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Last known valuation $11.92M (Jan 2020). 6 investors in total: 5 institutional and 1 angel.

Investors in Perpule

Perpule has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Amazon, Venture Highway VC and Kstart.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on tech startups
–primevp.inBengaluru, India
Investments in early-stage technology companies are made by Kalaari Capital.
–kalaari.comBengaluru, India
Early-stage investments are made in fintech, retail, and healthtech sectors.
2015venturehighway.vcDelhi, India
Website maintenance and user services are operated by Kstart.
2016kstart.inBengaluru, India
Multi-category products are offered through an online marketplace.
1994amazon.comSeattle, United States

Raghunandan Gangappa

Co-founder of Zolve, ex-TaxiForSure, prominent angel investor in Indian startups
–unknown_fab5cb13f3bb4383a-
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Investor details for Perpule

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Board of directors of Delvit Solutions Private Limited (Perpule)

Delvit Solutions Private Limited is the primary company behind Perpule. The board of Delvit Solutions Private Limited currently have 2 directors; the longest-serving is Aditya Pathak, appointed in 2021. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Aditya Pathak
DIN 09077358
Director22 Mar 20215 yrs 7 moDelvit Solutions Private Limited
Suman Pathak
DIN 09077336
Director22 Mar 20215 yrs 7 moDelvit Solutions Private Limited

People of Perpule

1 people are tracked at Perpule (1 in leadership); the tracked headcount is 36.

NameRoleGroup
Sonali Bhattacharjee
Head Of Human ResourcesLeadership
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Financials of Perpule

Figures of Delvit Solutions Private Limited, the primary company behind Perpule, for FY 2024. Revenue was ₹31.3 Lakh (-79% year on year). Net loss was -₹44.1 Lakh (-141% margin). EBITDA was -₹44.1 Lakh (-141% margin). Revenue has grown at a compounded annual rate of -51% over three years and -32% over five years.

  • ₹31.3 LakhRevenue · FY 2024 · -79% YoY
  • -₹44.1 LakhNet loss · -141% margin
  • -₹44.1 LakhEBITDA · -141% margin
  • ₹73,620Paid-up capital
  • 36Employees (provident fund records)
  • -51%Revenue CAGR, 3 years
  • -32%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Delvit Solutions Private Limited are on its company page.

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Timeline of Perpule

5 dated milestones of Perpule across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Perpule is founded.
  2. Funding First funding round of $650K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $1.0M.
  5. Exit Acquired by Amazon.

Competitors of Perpule

Perpule has 9 listed competitors in our database, 6 of them funded. They include Ezetap, ITAB, SnapBizz, Innoviti and Evolute, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ezetap.com2011Bengaluru, India$66.4M532
Cloud-based mPOS software and hardware solutions are provided for businesses.
itab.com1978Jonkoping, Sweden–6
Self-checkout solutions are provided for retail businesses worldwide.
snapbizz.com2013Bengaluru, India$8.9M78
Cloud-connected POS solutions are offered for small retailers.
innoviti.com2002Bengaluru, India$141.01M198
Integrated online and offline payment solutions are provided for businesses.
evolute.in1970Mumbai, India–213
Embedded systems for fintech and payments are designed and manufactured.
cm.com1999Breda, Netherlands–21
Provider of engagement platform with AI agents and unified data tools
queuebuster.co2016Noida, India$8.1M92
All-in-one POS and business management system is provided.
payleven.com2012Berlin, Germany$12.66M–
Card payments are processed via mobile app and Bluetooth reader.
myoxigen.com2004Gurugram, India$50.18M159
POS software is offered for online and offline business transactions.
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Detailed competitors of Perpule

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Top companies in Autonomous & In-Store Retail Tech

10 companies that operate in the same segment as Perpule (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Purchase financing solutions are offered to businesses via installment payments.
2019Dubai, Dubai, United Arab EmiratesUSD 837 M–4,683
Point-of-sale financing is facilitated via an online platform for retailers.
2016Los Angeles, California, United StatesUSD 158.63 M–576
App-based bookkeeping solutions are offered for small business management.
2018Bengaluru, Karnataka, IndiaUSD 186.62 MUSD 165.88 K–
POS solutions are provided for retail businesses.
2009San Francisco, California, United StatesUSD 519.75 MUSD 24.19 B6,214
Provider of cloud-based POS software solutions for businesses and service providers
1999San Francisco, California, United StatesUSD 923 M–2,684
Retail intelligence platform is developed for brands and B2B retailers.
2008Bengaluru, Karnataka, IndiaUSD 21.11 MUSD 7.69 M345
Point-of-sale financing is enabled for installment purchases at partnered retailers.
2016Minneapolis, Minnesota, United StatesUSD 17.51 MUSD 450.28 M408
Loyalty management solutions are provided for offline retail stores.
2012San Francisco, California, United StatesUSD 23.1 M–23
Mobile apps enable real-time retail data collection by field teams.
2011Denver, Colorado, United StatesUSD 71 M––
Unified platform for retail and supply chain planning is offered.
2005Helsinki, Uusimaa, FinlandUSD 816.41 MUSD 247.75 M2,302
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Related news about Perpule

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Frequently Asked Questions about Perpule

Perpule was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Perpule is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Perpule is a funded company, having raised a total of $6.36M across 3 funding rounds to date. The company's 1st funding round was a Seed of $650K, raised on Mar 2017.

Perpule has 36 employees.

The primary company behind Perpule, Delvit Solutions Private Limited, reported revenue of ₹31.3 Lakh for FY 2024, down 79% year on year.

Perpule was founded in 2016 in Bengaluru, India, within the retail technology sector. An app-based self-checkout system is offered to offline stores, allowing product scanning, virtual cart preparation, and in-app payments. Information on offers from partners like Godrej, Spar, and More is provided via the Android and iOS app. Additional services include online meal ordering, POS for store management and digital invoicing, and eCommerce solutions.

Perpule's top competitors include Ezetap, Innoviti and CM Telecom.

Perpule offers Togel Online, Slot Online, and Live Casino Online.

Perpule has 6 investors. Key investors include Amazon, Venture Highway VC, Kstart, Prime Venture Partners, and Kalaari Capital.

The valuation of Perpule is $11.92M as of Jan 2020.

Perpule operates through Delvit Solutions Private Limited.

Yes. Perpule was acquired by Amazon in March 2021.

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