Prodo

Gurugram, India Founded: 2021 • Age: 5 yrs
Manufacturing services are provided via an online digital marketplace.
Request Access

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 3 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
  • Sectors
    Industrial Goods & Manufacturing
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Prodo Technologies Private Limited
  • Date of Incorporation 22 May, 2021
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems → →
Retail → E-Commerce Platforms & Marketplaces → →
Key Metrics
  • Annual Revenue
    $3.89 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $-689.1 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $-549.45 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $2.28 M (USD)

    in 3 rounds

  • Latest Funding Round
    $846.66 K (USD), Seed

    Sep 01, 2023

  • Investors
    Angel List

    & 100 more

  • Employee Count
    49

    as on Mar 22, 2024

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Funding Insights of Prodo

Prodo has successfully raised a total of $2.28M across 3 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.

  • Total Funding
  • Total Rounds 3
  • Last Round Seed — $846,657
  • First Round

    (26 Oct 2021)

  • Investors Count 101
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Seed - Prodo Valuation We Founder Circle
Inflection Point Ventures
Nov, 2022 Amount Seed - Prodo Valuation Inflection Point Ventures , Firstport Capital
Titan Capital , LetsVenture
Oct, 2021 Amount Seed - Prodo Valuation LetsVenture , Titan Capital
Abhinav Sinha , Nimesh Kampani
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

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. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
We Founder Circle
Investment in early-stage startups and global community support.
Founded Year Domain Location
IP Ventures
Investments are made in early-stage tech startups across sectors.
Founded Year Domain Location
Titan Capital
Investments are made in early-stage companies by Titan Capital.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Prodo

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Prodo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Prodo Comparisons

Employees
+
Add Comparison
Available on Premium

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. 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
Zetwerk
domain founded_year HQ Location
Manufacturing solutions are provided for industrial and consumer sectors.
ToolsVilla
domain founded_year HQ Location
Industrial equipment and supplies are offered via an online platform.
Bulk MRO
domain founded_year HQ Location
Industrial supplies are distributed via an online B2B platform.
Aksum Trademart
domain founded_year HQ Location
Steel, polymers, chemicals, paints, and construction products are supplied.
Mogli Labs
domain founded_year HQ Location
B2B e-commerce and supply chain management solutions are provided.
Venwiz
domain founded_year HQ Location
Digital marketplace for capex procurement and vendor management for the manufacturing industry
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Prodo

Frequently Asked Questions about Prodo

When was Prodo founded?

Prodo was founded in 2021.

Where is Prodo located?

Prodo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Who is the current CEO of Prodo?

Sameen Husain is the current CEO of Prodo. They have also founded this company.

Is Prodo a funded company?

Prodo is a funded company, having raised a total of $2.28M across 3 funding rounds to date. The company's 1st funding round was a Seed of $407.41K, raised on Oct 26, 2021.

How many employees does Prodo have?

As of Mar 22, 2024, the latest employee count at Prodo is 49.

What is the annual revenue of Prodo?

Annual revenue of Prodo is $3.89M as on Mar 31, 2023.

What does Prodo do?

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.

Who are the top competitors of Prodo?

Prodo's top competitors include Zetwerk, Aksum Trademart and Bulk MRO.

Who are Prodo's investors?

Prodo has 101 investors. Key investors include Angel List, Wellfound, LetsVenture, We Founder Circle, and Lead Angels.

What is Prodo's valuation?

The valuation of Prodo is $8.9M as of Nov 2022.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available