PGO

Hyderabad, India Founded: 2016 • Age: 10 yrs Minicorn
App-based platform to discover book PGshostels

About PGO

PGO is a Real Estate & Construction company based in Hyderabad (India) founded in 2016 by Hari Krishna Krovi. PGO has raised $8.36 million across 5 funding rounds from investors including Silly Monks, Ektha and Bluebridge Capital. The company has 29 employees. PGO was last valued at $4.5 million in January 2023. Its website gopgo.in draws about 39 thousand monthly visits. Its Indian entity Thinkwide Hospitality Private Limited reported revenue of β‚Ή36.3 Lakh. Its focus areas include Consumer, Residential Real Estate Tech, Home Rentals and Listings. Its competitors include Grabhouse, Zaasna and SimplyMoveIn; 3 of its 3 listed competitors have raised funding.

Company details

App-based platform to discover book PGshostels. Users can register search for the PGs by applying the location filter. Property owners can list their spaces by providing necessary information online. Some of the amenities provided are WiFi, refreshments, furnished rooms, housekeeping, and more. Its mobile app is available for Android and iOS devices.

  • Headquarters Hyderabad, India
  • Employees 29
  • Founders Hari Krishna Krovi
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website gopgo.in
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Thinkwide Hospitality Private Limited
  • Date of Incorporation 25 May, 2016
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹36.3 Lakh

    FY 2023 · +94% YoY

  • Net Loss
    -₹1.87 Cr

    FY 2023 · -517% margin

  • EBITDA
    -₹1.67 Cr

    FY 2023 · -460% margin

  • Total Equity Funding
    $8.36M (USD)

    in 5 rounds

  • Latest Funding Round
    $545.37K (USD), Seed

    Jan 2023

  • Investors
    Silly Monks

    & 16 more

  • Employee Count
    29

Apps and channels of PGO

PGO publishes 1 mobile app with over 100K+ downloads; its YouTube channel gopgoway has 146 subscribers and 20 videos.

PGO : Hostel/PGs Bookings App
Google Play House & Home Everyone Free 100K+ downloads
Developer: Thinkwide's PGO
View on Google Play
gopgoway
YouTube 146 subscribers 20 videos Howto & Style
Open channel

Videos from PGO

The most watched videos on PGO's YouTube channel, gopgoway (146 subscribers). Click a video to play it here.

Paying Guest Accommodation Now With Ease @ PGO. Hassle-Free PG Hostel Booking Now
538.6K views
The gopgoway style!
192.3K views
Introducing PGO Amigo - Paying Guest Online || PGO
162.5K views
PG Hostel Stays for Youth English TVC || Go PGO Way!
106.4K views

More on gopgoway.

Funding Insights of PGO

PGO has successfully raised a total of $8.36M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $545.37 thousand completed in January 2023. 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 $8.36M
  • Total Rounds 5
  • Last Round Seed β€” $545,371
  • First Round $154,906

    (Dec 2017)

  • Investors Count 17

All 5 funding rounds of PGO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2023$545,371Seed$4.5MBluebridge Capital
Aug 2020$5.32MSeed$9.38MBrand Capital
–
Oct 2019$339,335Seed$β€’β€’β€’β€’β€’IRA Realty
–
Nov 2018$2MSeed–Ektha
Dec 2017$154,906Seed$β€’β€’β€’β€’β€’Korrapati Ranaganatha Sai, Anil Kumar Pallala
Valuation history
DateValuationStage
Jan 2023$4.5Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2020$9.38Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of PGO

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $4.5M (Jan 2023). 17 investors in total: 6 institutional and 11 angel.

Investors in PGO

PGO has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Silly Monks, Ektha and Bluebridge Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India
Venture funding, real estate development, and sports promotion services in India.
2003ektha.comHyderabad, India
bluebridgecapital.in
Specializes in real estate and construction services.
2019irarealty.inHyderabad, India
Digital Media and Entertainment Platform
2013sillymonks.comHyderabad, India

Narsi Reddy Posham

Managing Partner at 8X Ventures, active angel investor in Indian startups
unknown_e161acbb7a5a4737b

Sreeni Musani

unknown_b70e8cc97c9a49918

Sai Korrapati

unknown_118e1642a6934d83b

SS Karthikeya

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Investor details for PGO

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Verified entity values are shown only after access is granted.

Board of directors of Thinkwide Hospitality Private Limited (PGO)

Thinkwide Hospitality Private Limited is the primary company behind PGO. The board of Thinkwide Hospitality Private Limited currently have 3 directors; the longest-serving is Padmavathi Reddibattula, appointed in 2016. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Padmavathi Reddibattula
DIN 07511056
Director25 May 201610 yrs 5 moThinkwide Hospitality Private Limited
Krovi Srilatha
DIN 07268250
Director25 May 201610 yrs 5 moThinkwide Hospitality Private Limited
Hari Krishna Krovi
DIN 07268376
Managing Director27 Aug 20197 yrs 2 moThinkwide Hospitality Private Limited

People of PGO

1 people are tracked at PGO (1 in leadership); the tracked headcount is 29.

NameRoleGroup
FounderLeadership
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Financials of PGO

Figures of Thinkwide Hospitality Private Limited, the primary company behind PGO, for FY 2023. Revenue was ₹36.3 Lakh (+94% year on year). Net loss was -₹1.87 Cr (-517% margin). EBITDA was -₹1.67 Cr (-460% margin). Revenue has grown at a compounded annual rate of +4% over three years and +127% over five years.

  • ₹36.3 LakhRevenue · FY 2023 · +94% YoY
  • -₹1.87 CrNet loss · -517% margin
  • -₹1.67 CrEBITDA · -460% margin
  • ₹2.01 CrPaid-up capital
  • 29Employees (provident fund records)
  • +4%Revenue CAGR, 3 years
  • +127%Revenue CAGR, 5 years

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

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Detailed financial statements for PGO

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of PGO

4 dated milestones of PGO across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded PGO is founded.
  2. Funding First funding round of $155K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $545K.

Competitors of PGO

PGO has 3 listed competitors in our database, 3 of them funded. They include Grabhouse, Zaasna and SimplyMoveIn.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
grabhouse.com2013Mumbai, India$13.08M4
Online platform that provides managed accommodations
zaasna.com2018Bengaluru, India$302,017
Home loans are facilitated via an online property marketplace.
simplymovein.com2015Bengaluru, India$254,588
Online marketplace to find shared homes, furnished flats and serviced apartments
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Detailed competitors of PGO

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Web traffic of PGO

The website of PGO (gopgo.in) receives about 39.3K visits a month.

  • Monthly visits
    39.3K

    ▲ 55% vs previous month

Similar websites

Websites whose visitors overlap most with PGO. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
justdial.com
100%
91.3M#480View details
google.com
95%
85.8B#1View details
linkedin.com
88%
1.9B#18View details
instagram.com
82%
7.1B#4View details
reddit.com
77%
4.4B#9View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 12 similar websites and full traffic analytics for PGO

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  • 12 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Real Estate Technology Platforms

3 companies that operate in the same segment as PGO (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Online platform for buying, renting, and selling residential and commercial properties
2012Gurugram, Haryana, IndiaUSD 146.45 MUSD 86.54 M1,142
A platform for residential property buying is facilitated by PropTiger.
2011Gurugram, Haryana, IndiaUSD 99 M
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Related news about Pgo

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Complete news archive for PGO

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Frequently Asked Questions about PGO

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

PGO is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

PGO is a funded company, having raised a total of $8.36M across 5 funding rounds to date. The company's 1st funding round was a Seed of $154.91K, raised on Dec 2017.

PGO has 29 employees.

The primary company behind PGO, Thinkwide Hospitality Private Limited, reported revenue of β‚Ή36.3 Lakh for FY 2023, up 94% year on year.

App-based platform to discover book PGshostels. Users can register search for the PGs by applying the location filter. Property owners can list their spaces by providing necessary information online. Some of the amenities provided are WiFi, refreshments, furnished rooms, housekeeping, and more. Its mobile app is available for Android and iOS devices.

PGO's top competitors include Grabhouse, Zaasna and SimplyMoveIn.

PGO has 17 investors. Key investors include Silly Monks, Ektha, Bluebridge Capital, Bvr Projects, and Brand Capital.

The valuation of PGO is $4.5M as of Jan 2023.

PGO operates through Thinkwide Hospitality Private Limited.

The legal entities of PGO currently have 3 directors, including Padmavathi Reddibattula, Hari Krishna Krovi, Krovi Srilatha.

Yes. PGO publishes PGO : Hostel/PGs Bookings App, with over 100,000 downloads.

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