About Pragati Group
Pragati Group is a company based in Gurugram (India) founded in 2010 by Jitender Yadav.. Pragati Group has raised $200 million across 1 funding round from investors including Alta Capital.
- Headquarter Gurugram, India
- Founders Jitender Yadav
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$200 M (USD)
in 1 rounds
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Latest Funding Round
$200 M (USD), Private Equity Round
Mar 01, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of Pragati Group
Pragati Group has successfully raised a total of $200M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $200 million completed in March 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 Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $200.0M
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First Round
First Round
(01 Mar 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Private Equity Round - Pragati Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Pragati Group
Pragati Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Alta Capital. 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 |
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Potato farming, grain marketing, and equipment services are offered by Alta Capital in Maine.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pragati Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pragati Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pragati Group Comparisons
Competitors of Pragati Group
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| 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
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pragati Group
Frequently Asked Questions about Pragati Group
When was Pragati Group founded?
Pragati Group was founded in 2010 and raised its 1st funding round 13 years after it was founded.
Where is Pragati Group located?
Pragati Group is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Pragati Group?
Ranganathan Jagannathan is the current CEO of Pragati Group.
Is Pragati Group a funded company?
Pragati Group is a funded company, having raised a total of $200M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $200M, raised on Mar 01, 2023.
What does Pragati Group do?
No comprehensive details about Pragati Groups activities, sectors, or solutions are available from the provided content. The nature of the business remains unspecified.
Who are Pragati Group's investors?
Pragati Group has 1 investor. Key investors include Alta Capital.