About Poshn
Poshn is a company based in India founded in 2020 by Shashank Singh and Bhuvnesh Gupta.. Poshn has raised $7.96 million across 4 funding rounds from investors including Northern Arc Capital, ICICI Bank and BlackSoil. The company has 49 employees as of April 04, 2024.
- Headquarter India
- Employees 49 as on 04 Apr, 2024
- Founders Shashank Singh, Bhuvnesh Gupta
- Stage Minicorn
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Sectors
Agriculture
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Phone
*********
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Website
*********
- Legal Name Shambhu Technology Services Private Limited
- Date of Incorporation 27 Jun, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$13.43 M (USD)660724900as on Mar 31, 2022
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Net Profit
$-38.08 K (USD)-1466.25as on Mar 31, 2022
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EBITDA
$15.16 K (USD)624.18as on Mar 31, 2022
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Total Equity Funding
$7.96 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Debt – Conventional
May 06, 2024
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Investors
Northern Arc Capital
& 11 more
-
Employee Count
49
as on Apr 04, 2024
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Funding Insights of Poshn
Poshn has successfully raised a total of $7.96M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in May 2024. 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 4
- Last Round Debt – Conventional — $2.0M
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First Round
First Round
(26 Oct 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Poshn | Valuation | Prime Venture Partners , Zephyr Peacock |
|
| May, 2024 | Amount | Debt – Conventional - Poshn | Valuation |
investors |
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| Apr, 2022 | Amount | Seed - Poshn | Valuation | Prime Venture Partners , Alteria 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 Poshn
Poshn has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Northern Arc Capital, ICICI Bank and BlackSoil. 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 |
|---|---|---|---|---|
|
Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Diversified asset management and private equity firm focused on small and medium sized enterprises
|
Founded Year | Domain | Location | |
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Venture debt funding and structured finance for innovative startups in India.
|
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 | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Poshn
| 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 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Poshn
| 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 |
Poshn Comparisons
Competitors of Poshn
| 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.
|
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| 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 Poshn
Frequently Asked Questions about Poshn
When was Poshn founded?
Poshn was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Poshn located?
Poshn is headquartered in India.
Is Poshn a funded company?
Poshn is a funded company, having raised a total of $7.96M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.8M, raised on Oct 26, 2021.
How many employees does Poshn have?
As of Apr 04, 2024, the latest employee count at Poshn is 49.
What is the annual revenue of Poshn?
Annual revenue of Poshn is $13.43M as on Mar 31, 2022.
What does Poshn do?
Poshn was founded in 2020 in India as a platform for business services. Demand aggregation, embedded finance, vendor partnerships, and SaaS solutions are offered to support operations. Logistics and payment options are provided for buyers and sellers. Supply management tools are included to streamline procurement and vendor interactions in the B2B sector.
Who are Poshn's investors?
Poshn has 12 investors. Key investors include Northern Arc Capital, ICICI Bank, BlackSoil, Alteria Capital, and Indigram Labs.
What is Poshn's valuation?
The valuation of Poshn is $15.96M as of Apr 2022.
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