About Pursuite
Pursuite is a company based in Gurugram (India) founded in 2016 was acquired by Space Matrix in June 2022. Pursuite has raised $1.56 million across 2 funding rounds from investors including Space Matrix, Mogli Labs and Singapore Medical Group. Pursuite operates in a competitive market with competitors including Horeca Stop, Decornt, Soukwagon, FreshVille and Bakerykart, among others.
- Headquarter Gurugram, India
- Stage Minicorn
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Sectors
RetailTravel & Hospitality
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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 Pursuite Enterprises Private Limited
- Date of Incorporation 20 Jul, 2017
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$629.04 (USD)-99.57as on Mar 31, 2023
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Net Profit
-$38.65 K (USD)34.73as on Mar 31, 2023
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EBITDA
$629.04 (USD)102.7as on Mar 31, 2023
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Total Equity Funding
$1.56 M (USD)
in 2 rounds
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Latest Funding Round
$1.27 M (USD), Seed
Dec 19, 2018
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Investors
Space Matrix
& 31 more
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Employee Count
Not available
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Acquired by
Space Matrix
(Jun 15, 2022)
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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.
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.
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Sequoia Capital is engaged in venture capital investments.
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Investment management services in growth equity and public investments in India.
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Investor details for Pursuite
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Investments & Acquisitions by Pursuite
Investment portfolio details for Pursuite
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Financial Statements - Pursuite
Detailed financials for Pursuite
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Pursuite Comparisons
Peer comparison for Pursuite
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Competitors of Pursuite
Pursuite 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 Horeca Stop, Decornt, Soukwagon, FreshVille and Bakerykart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Hotel supplies are connected through a cloud-based online marketplace.
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An online B2B marketplace for multi-category hotel supplies.
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Manages a B2B digital marketplace for procuring everyday necessities.
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Operates a digital marketplace specializing in hotel supplies.
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Online platform selling bakery ingredients, tools, and supplies to customers.
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Detailed competitors of Pursuite
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Latest news on Pursuite
Complete news archive for Pursuite
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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.
Annual revenue of Pursuite is $629.04 as on Mar 31, 2023.
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 Bakerykart.
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.