Project Hero

Bengaluru, India Founded: 2021 • Age: 5 yrs
On-demand staffing for construction projects is facilitated online.
Annual revenue $255,821 Latest available
Total funding $3.7M 2 rounds
Employees 30 Tracked headcount
Investors 18 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Real Estate & Construction
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hard Hat Technologies Private Limited
  • Date of Incorporation 24 May, 2021
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $255.82 K (USD)
    53.58
    as on Mar 31, 2023
  • Net Profit
    -$1.66 M (USD)
    -303.62
    as on Mar 31, 2023
  • EBITDA
    -$1.52 M (USD)
    -275.12
    as on Mar 31, 2023
  • Total Equity Funding
    $3.66 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.2 M (USD), Seed

    Apr 02, 2022

  • Investors
    Ankur Capital

    & 17 more

  • 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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments are made in digital society, education, and employability sectors.
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Early-stage investments in digital, climate, and deep science technologies.
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Investments are made in early-stage companies by Titan Capital.
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Investor details for Project Hero

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Investments & Acquisitions by Project Hero

Investments
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Investment portfolio details for Project Hero

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Financial Statements - Project Hero

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Detailed financials for Project Hero

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Project Hero Comparisons

Project Hero Primary company
Description
On-demand staffing for construction projects is facilitated ...
Location
Bengaluru, India
Founded Year
2021
Annual Revenue
$255.82 K (USD)
Net Profit
-$1.66 M (USD)
EBITDA
-$1.52 M (USD)
Employees
30
As of 2024
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Peer comparison for Project Hero

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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.

Company Name Domain Founded year HQ Location Description
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On-demand internships are offered via a cloud-based platform across industries.
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Provider of workforce management platform for blue collar employee lifecycle management
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Online marketplace to hire construction professionals
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On-demand staffing platform connecting companies with pre-screened temporary workers.
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OkayGo is recognized as India’s leading task fulfillment technology platform.
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Detailed competitors of Project Hero

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Latest news on Project Hero

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Complete news archive for Project Hero

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Frequently Asked Questions about Project Hero

Project Hero was founded in 2021.

Project Hero is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Satya Vyas is the current CEO of Project Hero. They have also founded this company.

Project Hero is a funded company, having raised a total of $3.66M across 2 funding rounds to date.

As of Mar 29, 2024, the latest employee count at Project Hero is 30.

Annual revenue of Project Hero is $255.82K as on Mar 31, 2023.

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.

Project Hero's top competitors include Awign, Bandhoo and LabourNet.

Project Hero has 18 investors. Key investors include Ankur Capital, Anicut Capital, Omidyar Network, Marwah Steels, and Omidyar Network India.

The valuation of Project Hero is $11.14M as of Apr 2022.

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