About Prodo
Prodo is a company based in Gurugram (India) founded in 2021 by Sameen Husain and Abhiroop Srivastava. Prodo has raised $2.28 million across 4 funding rounds from investors including Angel List, Wellfound and LetsVenture. The company has 49 employees as of March 22, 2024. Prodo operates in a competitive market with competitors including Zetwerk, ToolsVilla, Bulk MRO, Aksum Trademart and Mogli Labs, among others.
- Headquarter Gurugram, India
- Employees 49 as on 22 Mar, 2024
- Founders Sameen Husain, Abhiroop Srivastava
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingRetail
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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 Prodo Technologies Private Limited
- Date of Incorporation 22 May, 2021
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.89 M (USD)0as on Mar 31, 2023
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Net Profit
-$689.1 K (USD)0as on Mar 31, 2023
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EBITDA
-$549.45 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$2.28 M (USD)
in 4 rounds
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Latest Funding Round
$846.66 K (USD), Seed
Sep 01, 2023
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Investors
Angel List
& 100 more
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Employee Count
49
as on Mar 22, 2024
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Funding Insights of Prodo
Prodo has successfully raised a total of $2.28M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $846.66 thousand completed in September 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.
Investors in Prodo
Prodo has secured backing from 101 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and LetsVenture.
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Investments are made in early-stage companies by Titan Capital.
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Investor details for Prodo
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Investments & Acquisitions by Prodo
Investment portfolio details for Prodo
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Financial Statements - Prodo
Detailed financials for Prodo
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Prodo Comparisons
Peer comparison for Prodo
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- Named peers
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Competitors of Prodo
Prodo 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 Zetwerk, ToolsVilla, Bulk MRO, Aksum Trademart and Mogli Labs, among others.
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Manufacturing solutions are provided for industrial and consumer sectors.
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Industrial equipment and supplies are offered via an online platform.
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Industrial supplies are distributed via an online B2B platform.
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Steel, polymers, chemicals, paints, and construction products are supplied.
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B2B e-commerce and supply chain management solutions are provided.
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Digital marketplace for capex procurement and vendor management for the manufacturing industry
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Detailed competitors of Prodo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Prodo
Complete news archive for Prodo
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Frequently Asked Questions about Prodo
Prodo was founded in 2021.
Prodo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Sameen Husain is the current CEO of Prodo. They have also founded this company.
Prodo is a funded company, having raised a total of $2.28M across 4 funding rounds to date.
As of Mar 22, 2024, the latest employee count at Prodo is 49.
Annual revenue of Prodo is $3.89M as on Mar 31, 2023.
Prodo was established in 2021 in Gurugram, India, as an online platform in the manufacturing sector. Businesses are connected with service providers through a digital marketplace for custom production needs. Operations encompass sourcing, project coordination, and quality assurance across diverse manufacturing categories. The platform facilitates efficient matching and oversight of manufacturing projects.
Prodo's top competitors include Zetwerk, Aksum Trademart and Bulk MRO.
Prodo has 101 investors. Key investors include Angel List, Wellfound, LetsVenture, We Founder Circle, and Lead Angels.
The valuation of Prodo is $8.9M as of Nov 2022.