About Raaho
Raaho is a company based in Gurugram (India) founded in 2015 by Vipul Sharma, Joshua Jebakumar, Radhika Aiyanna Codanda, Muralidharan Chandrasekaran, Abu Fahad, and Mohammad Imthiaz Yunus.. Raaho has raised $7.26 million across 5 funding rounds from investors including Nazara, Beacon Trusteeship and Roots Ventures. The company has 116 employees as of April 01, 2024. Raaho offers products and services including Raaho for Truckers, Raaho for Shippers, and Raaho for Drivers. Raaho operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
- Headquarter Gurugram, India
- Employees 116 as on 01 Apr, 2024
- Founders Vipul Sharma, Joshua Jebakumar, Radhika Aiyanna Codanda, Muralidharan Chandrasekaran, Abu Fahad, Mohammad Imthiaz Yunus
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Quick Digital Technologies Private Limited
- Date of Incorporation 11 May, 2015
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$15.63 M (USD)162.05as on Mar 31, 2023
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Net Profit
$-1.15 M (USD)-43.75as on Mar 31, 2023
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EBITDA
$-1.16 M (USD)-62.33as on Mar 31, 2023
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Total Equity Funding
$7.26 M (USD)
in 5 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Mar 13, 2023
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Investors
Nazara
& 97 more
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Employee Count
116
as on Apr 01, 2024
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Products & Services of Raaho
Raaho offers a comprehensive portfolio of products and services, including Raaho for Truckers, Raaho for Shippers, and Raaho for Drivers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for bidding on loads and managing trips efficiently.
Platform to find and track reliable trucks instantly.
App for return loads and hassle-free driving assistance.
Unlock access to complete
Funding Insights of Raaho
Raaho has successfully raised a total of $7.26M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in March 2023. 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 5
- Last Round Seed — $2.4M
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First Round
First Round
(17 Oct 2019)
- Investors Count 98
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - Raaho | Valuation |
investors |
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| Jan, 2023 | Amount | Seed - Raaho | Valuation | QED Innovation |
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| Oct, 2022 | Amount | Seed - Raaho | Valuation | Beacon Trusteeship , Inflection Point Ventures |
| 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 Raaho
Raaho has secured backing from 98 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Nazara, Beacon Trusteeship and Roots Ventures. 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 early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments conducted in a sector-agnostic manner.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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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 Raaho
| 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 - Raaho
| 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 |
Raaho Comparisons
Competitors of Raaho
Raaho 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 BlackBuck, Vahak, Celcius, Lobb and Trans India, 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 |
Fleet operators are connected with truckers through a digital marketplace.
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| domain | founded_year | HQ Location |
An app-based marketplace is operated for cargo transportation bookings.
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| domain | founded_year | HQ Location |
Cold chain logistics solutions are booked through an online platform.
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| domain | founded_year | HQ Location |
Provider of a digital freight brokerage platform connecting transporters and truckers
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| domain | founded_year | HQ Location |
Online marketplace that connects truck owners with load owners
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| domain | founded_year | HQ Location |
Technology-enabled platform for transportation management services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Raaho
Frequently Asked Questions about Raaho
When was Raaho founded?
Raaho was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Raaho located?
Raaho is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Raaho?
Mohammad Imthiaz Yunus is the current CEO of Raaho. They have also founded this company.
Is Raaho a funded company?
Raaho is a funded company, having raised a total of $7.26M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.21M, raised on Oct 17, 2019.
How many employees does Raaho have?
As of Apr 01, 2024, the latest employee count at Raaho is 116.
What is the annual revenue of Raaho?
Annual revenue of Raaho is $15.63M as on Mar 31, 2023.
What does Raaho do?
A digital network was established in 2015 in Gurugram, India, within the logistics sector. Freight matching, load bidding, and payment processing are facilitated for shippers and truckers. Mobile applications are provided for users to manage transactions, documents, and vehicle tracking. Operations are streamlined across the freight ecosystem to support efficiency in transportation activities.
What products or services does Raaho offer?
Raaho offers Raaho for Truckers, Raaho for Shippers, and Raaho for Drivers.
Who are Raaho's investors?
Raaho has 98 investors. Key investors include Nazara, Beacon Trusteeship, Roots Ventures, Catalyst Trusteeship, and SC Lines.
What is Raaho's valuation?
The valuation of Raaho is $51.1M as of Jan 2023.