About Pretr
Pretr is a company based in Mumbai (India) founded in 2016 by Ankur Kaushik Joshi and Hemant Ramniklal Jhaveri was acquired by Myntra in August 2018.. Pretr has raised $109.62 thousand across 1 funding round from investors including Myntra, IMAGES Group and Amitabh Taneja. The company has 18 employees as of April 05, 2024. Pretr operates in a competitive market with competitors including Little Black Book, Zakoopi, Hashstar, OneHop and SwagBag, among others.
- Headquarter Mumbai, India
- Employees 18 as on 05 Apr, 2024
- Founders Ankur Kaushik Joshi, Hemant Ramniklal Jhaveri
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pretr Online Services Private Limited
- Date of Incorporation 17 Nov, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.59 M (USD)550.25as on Mar 31, 2022
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Net Profit
$757.56 K (USD)1879.09as on Mar 31, 2022
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EBITDA
$868.3 K (USD)1627.79as on Mar 31, 2022
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Total Equity Funding
$109.62 K (USD)
in 1 rounds
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Latest Funding Round
$109.62 K (USD), Seed
Dec 12, 2016
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Investors
Myntra
& 2 more
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Employee Count
18
as on Apr 05, 2024
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Acquired by
Myntra
(Aug 01, 2018)
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Funding Insights of Pretr
Pretr has successfully raised a total of $109.62K through 1 strategic funding round. The most recent funding activity was a Seed round of $109.62 thousand completed in December 2016. 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 Seed — $109,615
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First Round
First Round
(12 Dec 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Seed - Pretr | Valuation | IMAGES 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 |
Investors in Pretr
Pretr has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Myntra, IMAGES Group and Amitabh Taneja. 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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Organization of B2B events and publishing in retail, fashion, and food sectors.
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Founded Year | Domain | Location | |
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Fashion and lifestyle products are offered via an online marketplace.
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Founded Year | Domain | Location | |
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AT
Amitabh Taneja |
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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 Pretr
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Pretr
| 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 |
Pretr Comparisons
Competitors of Pretr
Pretr 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 Little Black Book, Zakoopi, Hashstar, OneHop and SwagBag, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Location-based discovery of fashion and apparel stores is facilitated.
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| domain | founded_year | HQ Location |
Operates an online hyperlocal marketplace for a variety of fashion products.
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| domain | founded_year | HQ Location |
Local fashion shopping app
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| domain | founded_year | HQ Location |
A mobile app that enables users to find deals and offers via reverse auctions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Pretr
When was Pretr founded?
Pretr was founded in 2016.
Where is Pretr located?
Pretr is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Pretr a funded company?
Pretr is a funded company, having raised a total of $109.62K across 1 funding round to date. The company's 1st funding round was a Seed of $109.62K, raised on Dec 12, 2016.
How many employees does Pretr have?
As of Apr 05, 2024, the latest employee count at Pretr is 18.
What is the annual revenue of Pretr?
Annual revenue of Pretr is $1.59M as on Mar 31, 2022.
What does Pretr do?
Pretr was founded in 2016 in Mumbai, India, as a product of Ambab Infotech. An online platform is operated for discovering nearby fashion stores, accessing details on new arrivals and offers, and placing orders for in-store pickup. Reverse pickup services are also provided, along with options for online purchases and delivery from local stores. Android apps for sellers and users were launched, with operations centered in Mumbai.
Who are the top competitors of Pretr?
Pretr's top competitors include Little Black Book, Zakoopi and Shopsity.
Who are Pretr's investors?
Pretr has 3 investors. Key investors include Myntra, IMAGES Group, and Amitabh Taneja.
What is Pretr's valuation?
The valuation of Pretr is $1.55M as of Dec 2016.