About Project Hero
Project Hero is a company based in Bengaluru (India) founded in 2021 by Raghu Chopra, Pukhraj Grewal, and Satya Vyas.. Project Hero has raised $3.66 million across 2 funding rounds from investors including Ankur Capital, Anicut Capital and Omidyar Network. The company has 30 employees as of March 29, 2024. Project Hero operates in a competitive market with competitors including Awign, smartstaff, Bandhoo, Taskmo and OkayGo, among others.
- Headquarter Bengaluru, India
- Employees 30 as on 29 Mar, 2024
- Founders Raghu Chopra, Pukhraj Grewal, Satya Vyas
- Stage Minicorn
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Sectors
Real Estate & ConstructionTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hard Hat Technologies Private Limited
- Date of Incorporation 24 May, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$255.82 K (USD)53.58as on Mar 31, 2023
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Net Profit
$-1.66 M (USD)-303.62as on Mar 31, 2023
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EBITDA
$-1.52 M (USD)-275.12as on Mar 31, 2023
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Total Equity Funding
$3.66 M (USD)
in 2 rounds
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Latest Funding Round
$3.2 M (USD), Seed
Apr 02, 2022
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Investors
Ankur Capital
& 17 more
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Employee Count
30
as on Mar 29, 2024
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Funding Insights of Project Hero
Project Hero has successfully raised a total of $3.66M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in April 2022. 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 2
- Last Round Seed — $3.2M
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First Round
First Round
(01 Jul 2021)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - Project Hero | Valuation | Omidyar Network India , Ankur Capital | |
| Jul, 2021 | Amount | Seed - Project Hero | Valuation | Titan Capital |
| 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 Project Hero
Project Hero has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ankur Capital, Anicut Capital and Omidyar Network. 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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Investments are made in digital society, education, and employability sectors.
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Founded Year | Domain | Location | |
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Early-stage investments in digital, climate, and deep science technologies.
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Founded Year | Domain | Location | |
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Investments are made in early-stage companies by Titan Capital.
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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 Project Hero
| 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 - Project Hero
| 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 |
Project Hero Comparisons
Competitors of Project Hero
Project Hero 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 Awign, smartstaff, Bandhoo, Taskmo and OkayGo, 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 |
On-demand internships are offered via a cloud-based platform across industries.
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| domain | founded_year | HQ Location |
Provider of workforce management platform for blue collar employee lifecycle management
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| domain | founded_year | HQ Location |
Online marketplace to hire construction professionals
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| domain | founded_year | HQ Location |
On-demand staffing platform connecting companies with pre-screened temporary workers.
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| domain | founded_year | HQ Location |
OkayGo is recognized as India’s leading task fulfillment technology platform.
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| 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 Project Hero
Frequently Asked Questions about Project Hero
When was Project Hero founded?
Project Hero was founded in 2021.
Where is Project Hero located?
Project Hero is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Project Hero?
Satya Vyas is the current CEO of Project Hero. They have also founded this company.
Is Project Hero a funded company?
Project Hero is a funded company, having raised a total of $3.66M across 2 funding rounds to date. The company's 1st funding round was a Seed of $457.29K, raised on Jul 01, 2021.
How many employees does Project Hero have?
As of Mar 29, 2024, the latest employee count at Project Hero is 30.
What is the annual revenue of Project Hero?
Annual revenue of Project Hero is $255.82K as on Mar 31, 2023.
What does Project Hero do?
Project Hero was founded in 2021 in Bengaluru, India, as an online platform for on-demand staffing in the construction sector. Services such as interviewing platforms, compliance verification, productivity management, payment tracking, and booking progress are integrated into the system. Operations are supported by a mobile application available on Google Play Store and Apple App Store, enabling efficient workforce management for construction needs.
Who are the top competitors of Project Hero?
Who are Project Hero's investors?
Project Hero has 18 investors. Key investors include Ankur Capital, Anicut Capital, Omidyar Network, Marwah Steels, and Omidyar Network India.
What is Project Hero's valuation?
The valuation of Project Hero is $11.14M as of Apr 2022.