About Polimeraas
Polimeraas is a company based in Hyderabad (India) founded in 2016 was acquired by GSS Infotech in December 2021. Polimeraas has raised $3.32 million across 1 funding round from investors including GSS Infotech. The company has 1 employees as of April 01, 2024. Polimeraas operates in a competitive market with competitors including HyperPure, WayCool, Ninjacart, FarMart and Vegrow, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 01 Apr, 2024
- Stage Minicorn
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Sectors
RetailAgriculture
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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 Polimeraas Limited
- Date of Incorporation 10 Jan, 2020
- Jurisdiction Tirumalagiri, Telangana, India
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Annual Revenue
$22.27 M (USD)-26.88as on Mar 31, 2022
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Net Profit
$16.78 K (USD)1848.02as on Mar 31, 2022
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EBITDA
$39.71 K (USD)97.23as on Mar 31, 2022
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Total Equity Funding
$3.32 M (USD)
in 1 rounds
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Latest Funding Round
$3.32 M (USD), Series A
Feb 23, 2022
- Investors
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Employee Count
1
as on Apr 01, 2024
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Acquired by
GSS Infotech
(Dec 06, 2021)
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Funding Insights of Polimeraas
Polimeraas has successfully raised a total of $3.32M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.32 million completed in February 2022. 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 1
- Last Round Series A — $3.3M
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First Round
First Round
(23 Feb 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series A - Polimeraas | Valuation | GSS Infotech |
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Investors in Polimeraas
Polimeraas has secured backing from 1 investor. Prominent investors backing the company include GSS Infotech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IT services suite solutions are provided by GSS Infotech.
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Founded Year | Domain | Location |
Investments & Acquisitions by Polimeraas
Financial Statements - Polimeraas
Polimeraas Comparisons
Competitors of Polimeraas
Polimeraas 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 HyperPure, WayCool, Ninjacart, FarMart and Vegrow, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food industry ingredients are supplied via a B2B platform.
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| domain | founded_year | HQ Location |
Provider of food supply chain management and farming solutions.
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| domain | founded_year | HQ Location |
B2B platform offering vegetables and fruits
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| domain | founded_year | HQ Location |
SaaS-based B2B solutions for food supply chains are provided.
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| domain | founded_year | HQ Location |
Online B2B marketplace that connects farmers with businesses to supply fresh produce
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| domain | founded_year | HQ Location |
B2B marketplace platform connecting retailers with brands and staples producers
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Latest news on Polimeraas
Frequently Asked Questions about Polimeraas
Polimeraas was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Polimeraas is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Polimeraas is a funded company, having raised a total of $3.32M across 1 funding round to date. The company's 1st funding round was a Series A of $3.32M, raised on Feb 23, 2022.
As of Apr 01, 2024, the latest employee count at Polimeraas is 1.
Annual revenue of Polimeraas is $22.27M as on Mar 31, 2022.
Polimeraas was established in 2016 in Hyderabad, India, as an online retailer in the grocery sector. A range of products including tomatoes, potatoes, onions, mushrooms, carrots, mangoes, bananas, papaya, watermelon, apples, dairy items, eggs, and bakery goods is offered through its platform. Home delivery and store pickup services are provided to customers across the region.
Polimeraas has 1 investor. Key investors include GSS Infotech.
The valuation of Polimeraas is $35.9M as of Feb 2022.