About Pursuite
Pursuite is a Retail company based in Gurugram (India) founded in 2016, and was acquired by Space Matrix in June 2022. Hotel and restaurant equipment is traded via a B2B marketplace. It operates in the Retail and Travel & Hospitality sectors. Pursuite has raised $1.56 million across 2 funding rounds from investors including Space Matrix, Mogli Labs and Singapore Medical Group. Pursuite was last valued at $7.32 million in December 2018. Its Indian entity Pursuite Enterprises Private Limited reported revenue of ₹31 Lakh. The company was acqui-hired. Its focus areas include B2B E-Commerce, Food & Beverages, Restaurant's Equipment and Tools and Marketplace. Its competitors include Horeca Stop, Decornt and Soukwagon.
Company details
Pursuite was founded in 2016 in Gurugram, India, as a B2B platform in the hospitality sector. Equipment, tools, and supplies for hotels and restaurants are offered across categories including food service, bed and bath, guest amenities, and janitorial items. Products from brands such as Aristo, Peps, Nespresso, and Damati are featured. Quotes are exchanged directly between buyers and sellers to facilitate transactions.
- Headquarters Gurugram, India
- Stage Acquired
- SectorsRetailTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website pursuite.com
- Social LinkedIn X Facebook
- Acquired by Space Matrix (Jun 2022)
- Legal Name Pursuite Enterprises Private Limited
- Date of Incorporation 20 Jul, 2017
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹31 Lakh
FY 2025 · +431% YoY
- Net Loss-₹1.9 Lakh
FY 2025 · -6% margin
- EBITDA₹30.8 Lakh
FY 2025 · 99% margin
- Total Equity Funding$1.56M (USD)
in 2 rounds
- Latest Funding Round$1.27M (USD), Seed
Dec 2018
- InvestorsSpace Matrix
& 31 more
- Acquired bySpace Matrix
(Jun 2022)
Associated legal entities of Pursuite
Pursuite operates through Pursuite Enterprises Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pursuite Enterprises Private Limited CIN U74999HR2017PTC070008 | Active | 20 Jul 2017 | Gurgaon, Haryana | ₹0.3 Cr | 3 | View details |
Funding Insights of Pursuite
Pursuite has successfully raised a total of $1.56M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.27 million completed in December 2018. 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 $1.56M
- Total Rounds 2
- Last Round Seed — $1.27M
- First Round $291,623
(Oct 2017)
- Investors Count 31
All 2 funding rounds of Pursuite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $1.27M | Seed | $7.32M | Anurag Srivastava, Anurag Srivastava | |
| Oct 2017 | $291,623 | Seed | $2.85M | Mogli Labs, Vantageimpex |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2018 | $7.32M | •••••••• |
| Oct 2017 | $2.85M | •••••••• |
Last known valuation $7.32M (Dec 2018). 32 investors in total: 10 institutional and 22 angel.
Investors in Pursuite
Pursuite has secured backing from 32 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Space Matrix, Mogli Labs and Singapore Medical Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Investment management services in growth equity and public investments in India. | 2016 | singularityamc.com | Mumbai, India | |
| luxaryparadigm.tcc.mode | ||||
Hotel management services are provided in the hospitality sector. | hotelivate.com | Gurugram, India | ||
| singularityventures.tcc.mode | ||||
B2B e-commerce and supply chain management solutions are provided. | 2014 | moglilabs.com | Noida, India | |
| vantageimpex.tcc.mode | ||||
Global design and build services for corporate workplaces focusing on sustainability and employee wellbeing. | 2001 | spacematrix.com | Bengaluru, India | |
SB Sameera Biswas | unknown_357ad9c9affd46bda | |||
AA Abhishek Agarwal | unknown_37f6f85d488e424e8 |
Investor details for Pursuite
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Pursuite Enterprises Private Limited (Pursuite)
Pursuite Enterprises Private Limited is the primary company behind Pursuite. The board of Pursuite Enterprises Private Limited currently have 3 directors; the longest-serving is Amit Shukla, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Shukla DIN 02318052 | Director | 20 Jul 2017 | 9 yrs 3 mo | Pursuite Enterprises Private Limited |
| Deepak Kumar DIN 07829874 | Director | 29 May 2018 | 8 yrs 4 mo | Pursuite Enterprises Private Limited |
| Sarika Devadiga DIN 06434753 | Director | 10 Dec 2025 | 10 mo | Pursuite Enterprises Private Limited |
Financials of Pursuite
Figures of Pursuite Enterprises Private Limited, the primary company behind Pursuite, for FY 2025. Revenue was ₹31 Lakh (+431% year on year). Net loss was -₹1.9 Lakh (-6% margin). EBITDA was ₹30.8 Lakh (99% margin). Revenue has grown at a compounded annual rate of -70% over three years and -22% over five years.
- ₹31 LakhRevenue · FY 2025 · +431% YoY
- -₹1.9 LakhNet loss · -6% margin
- ₹30.8 LakhEBITDA · 99% margin
- ₹2.4 LakhPaid-up capital
- -70%Revenue CAGR, 3 years
- -22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pursuite Enterprises Private Limited are on its company page.
Detailed financial statements for Pursuite
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Pursuite
5 dated milestones of Pursuite across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Pursuite is founded.
- Funding First funding round of $292K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.3M.
- Exit Acquired by Space Matrix.
Competitors of Pursuite
Pursuite has 3 listed competitors in our database. They include Horeca Stop, Decornt and Soukwagon.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| horecastop.com | 2018 | Noida, India | Hotel supplies are connected through a cloud-based online marketplace. | |||
| decornt.com | 2019 | Nagpur, India | An online B2B marketplace for multi-category hotel supplies. | |||
| soukwagon.com | 2015 | Bengaluru, India | Manages a B2B digital marketplace for procuring everyday necessities. |
Detailed competitors of Pursuite
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Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as Pursuite (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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Frequently Asked Questions about Pursuite
Pursuite was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Pursuite is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Pursuite is a funded company, having raised a total of $1.56M across 2 funding rounds to date. The company's 1st funding round was a Seed of $291.62K, raised on Oct 2017.
The primary company behind Pursuite, Pursuite Enterprises Private Limited, reported revenue of ₹31 Lakh for FY 2025, up 431% year on year.
Pursuite was founded in 2016 in Gurugram, India, as a B2B platform in the hospitality sector. Equipment, tools, and supplies for hotels and restaurants are offered across categories including food service, bed and bath, guest amenities, and janitorial items. Products from brands such as Aristo, Peps, Nespresso, and Damati are featured. Quotes are exchanged directly between buyers and sellers to facilitate transactions.
Pursuite's top competitors include Horeca Stop, Decornt and Soukwagon.
Pursuite has 32 investors. Key investors include Space Matrix, Mogli Labs, Singapore Medical Group, Singularity Ventures AMC, and Sameera Biswas.
The valuation of Pursuite is $7.32M as of Dec 2018.
Pursuite operates through Pursuite Enterprises Private Limited.
Yes. Pursuite was acquired by Space Matrix in June 2022.
The legal entities of Pursuite currently have 3 directors, including Amit Shukla, Deepak Kumar, Sarika Devadiga.