About Qorner
Qorner is a company based in New Delhi (India) founded in 2020. It operates as a B2C. Qorner has raised $689.69 thousand across 1 funding round from investors including Wellfound, Upsparks Capital and OCFO. The company has 1 employees. Qorner operates in a competitive market with competitors including Billtrust, SumUp, Paymentus, Vyapar and PayStand, among others.
- Headquarter New Delhi, India
- Employees 1
- Stage Minicorn
- SectorsFinancial Services
- Website qorner.co
- Social X Facebook
- Legal Name Alwaysblue Labs Private Limited
- Date of Incorporation 14 Sep, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹21.1 Lakh
FY 2023 · +3916% YoY
- Net Loss-₹2.33 Cr
FY 2023 · -1108% margin
- EBITDA-₹2.27 Cr
FY 2023 · -1079% margin
- Total Equity Funding$689.69K (USD)
in 1 rounds
- Latest Funding Round$689.69K (USD), Seed
Jan 2022
- InvestorsWellfound
& 18 more
- Employee Count1
Associated legal entities of Qorner
Qorner operates through Alwaysblue Labs Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Alwaysblue Labs Private Limited CIN U72900DL2020PTC369886 | Under Liquidation | 14 Sep 2020 | Delhi, Delhi | ₹0.2 Cr | – | 2 | View details |
Funding Insights of Qorner
Qorner has successfully raised a total of $689.69K through 1 strategic funding round. The most recent funding activity was a Seed round of $689.69 thousand completed in January 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 $689,693
- Total Rounds 1
- Last Round Seed — $689,693
- First Round $689,693
(Jan 2022)
- Investors Count 19
All 1 funding rounds of Qorner with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $4.38M | •••••••• |
Last known valuation $4.38M (Jan 2022). 19 investors in total: 9 institutional and 10 angel.
Investors in Qorner
Qorner has secured backing from 19 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Wellfound, Upsparks Capital and OCFO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Connections between startups and investors are facilitated by a platform. | – | 3fventures.com | Singapore, Singapore | |
Venture capital funding is provided to innovative startups in India. | – | qedinnovationlabs.tcc.mode | Mumbai, India | |
Micro venture capital fund focused on tech startups | 2020 | upsparks.vc | Bengaluru, India | |
Seed and early-stage investments are made across sectors in India. | – | blume.vc | Mumbai, India | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
Delivers comprehensive solutions for holiday home services to enhance guest experiences. | 2003 | redbrook.com | Plymouth, United States | |
Financial consultancy providing CFO services, compliance, and cloud accounting solutions. | 2019 | ocfo.in | Bengaluru, India | |
Diversified management consulting services are offered to various clients. | – | anycasttechnology.tcc.mode | Gurugram, India | |
Startup jobs are connected to seekers via an online platform. | – | angel.co | San Francisco, United States | |
SK Sujeet Kumar | Co-founder of Udaan, prominent angel investor in Indian startups | – | unknown_a07bfe03866b45229 | - |
Investor details for Qorner
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Alwaysblue Labs Private Limited (Qorner)
Alwaysblue Labs Private Limited is the primary company behind Qorner. The board of Alwaysblue Labs Private Limited currently have 2 directors; the longest-serving is Mukul Khurana, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukul Khurana DIN 08877803 | Director | 14 Sep 2020 | 6 yrs | Alwaysblue Labs Private Limited |
| Anurag Jain DIN 09359775 | Director | 14 Oct 2021 | 4 yrs 11 mo | Alwaysblue Labs Private Limited |
Financials of Qorner
Figures of Alwaysblue Labs Private Limited, the primary company behind Qorner, for FY 2023. Revenue was ₹21.1 Lakh (+3916% year on year). Net loss was -₹2.33 Cr (-1108% margin). EBITDA was -₹2.27 Cr (-1079% margin).
- ₹21.1 LakhRevenue · FY 2023 · +3916% YoY
- -₹2.33 CrNet loss · -1108% margin
- -₹2.27 CrEBITDA · -1079% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Alwaysblue Labs Private Limited are on its company page.
Detailed financial statements for Qorner
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Qorner
3 dated milestones of Qorner across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Qorner is founded.
- Funding First funding round of $690K.
- Milestone Reaches Minicorn status.
Competitors of Qorner
Qorner 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 Billtrust, SumUp, Paymentus, Vyapar and PayStand, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| billtrust.com | 2001 | Hamilton Township, United States | $105M | – | Invoice and payment management solutions are offered for small businesses. | |
| sumup.com | 2012 | London, United Kingdom | $994.33M | – | Provider of mPOS solution and card reader for offline retailers | |
| paymentus.com | 2004 | Atlanta, United States | $23.6M | 1,273 | Comprehensive billing and payment solution provider | |
| vyaparapp.in | 2016 | Bengaluru, India | $35.89M | 1,155 | Cloud-based invoicing and inventory tools for small businesses are provided. | |
| paystand.com | 2013 | San Francisco, United States | $77M | 46 | Payment processing for bitcoin, e-checks, and credit cards is facilitated. | |
| invoice.2go.com | 2002 | Palo Alto, United States | $60M | 28 | An app-based invoicing solution is provided for small businesses. | |
| paylease.com | 2003 | San Diego, United States | – | 328 | Payment solutions are offered to the property management sector. | |
| invoicecloud.net | 2009 | Braintree, United States | – | 764 | Cloud-based invoicing and payment solutions are offered to businesses. | |
| paysimple.com | 2006 | Denver, United States | $137.29M | 3,016 | Online payment and invoicing solutions are offered to small businesses. | |
| vcita.com | 2010 | Bellevue, United States | $15M | – | Business management software is provided for small businesses. |
Detailed competitors of Qorner
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Qorner
10 companies that operate in the same segment as Qorner (Travel Fintech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore | USD 721.47 M | USD 22.94 B | 80,700 | |
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | – | USD 8.79 | 74 | |
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | – | 177 | |
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India | – | – | – | |
Venture capital funding and support for pre-seed and seed-stage startups in India. | 2019 | Mumbai, Maharashtra, India | – | – | – | |
EPSILON NET is engaged in providing business software solutions. | 1999 | Kallithea, Attica, Greece | – | – | – | |
Offers payment gateways, links, and services for online transactions and business payments. | 2009 | Noida, Uttar Pradesh, India | – | – | – | |
Mobile app for phone payments at merchants without wallets or internet. | 2014 | Bengaluru, Karnataka, India | – | USD 103.98 K | 10 | |
Investment in Indian startups across technology and fintech sectors. | 2012 | Mumbai, Maharashtra, India | – | – | – | |
Fintech platform offering AEPS, Micro ATM, recharge, and money transfer services. | 2021 | Delhi, Delhi, India | – | USD 4.61 M | 292 |
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Frequently Asked Questions about Qorner
Qorner was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Qorner is headquartered in New Delhi, India. It is registered at New Delhi, Delhi, India.
Qorner is a funded company, having raised a total of $689.69K across 1 funding round to date. The company's 1st funding round was a Seed of $689.69K, raised on Jan 2022.
Qorner has 1 employees.
The primary company behind Qorner, Alwaysblue Labs Private Limited, reported revenue of ₹21.1 Lakh for FY 2023, up 3916% year on year.
Qorner, backed by 689693.0 from Wellfound, Redbrook, 3F Ventures, QED Innovation Labs, Upsparks Capital, OCFO, Sujeet Kumar, Anycast Technology, Rajesh Sawhney, Kunal Bahl, Ankush Sachdeva, Roshan Abbas, Haresh Ramrupchand Chawla, Gaurav Kapur, Rohit Bansal, Hugo Amsellem, AngelList, Haresh Chawla, Blume Ventures, focuses on fintech, financial management, personal finance, and freelancer tools. Offers an app-based solution for managing income and expenses tailored to freelancers and content creators. Driving innovation, growth, and.
Qorner has 19 investors. Key investors include Wellfound, Upsparks Capital, OCFO, Red Brook, and 3F Ventures.
The valuation of Qorner is $4.38M as of Jan 2022.
Qorner operates through Alwaysblue Labs Private Limited.
The legal entities of Qorner currently have 2 directors, including Anurag Jain, Mukul Khurana.