About Reelo
Reelo is a company based in Ahmedabad (India) founded in 2017 by Parin Sanghvi and Prit Pareshkumar Sanghvi. Reelo has raised $1.27 million across 2 funding rounds from investors including Gokul Rajaram, Mit Hiteshkumar Shah and Ketankumar Rasiklal Shah. The company has 20 employees. Reelo operates in a competitive market with competitors including Toast, Olo, Zenput, UrbanPiper and Paytronix, among others.
- Headquarter Ahmedabad, India
- Employees 20
- Founders Parin Sanghvi, Prit Pareshkumar Sanghvi
- Stage Minicorn
- SectorsConsumerRetail Technology
- Email••••••••
- Phone•••• ••••
- Website reelo.io
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Reelo Technologies Private Limited
- Date of Incorporation 07 Nov, 2017
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹3.73 Cr
FY 2024 · +150% YoY
- Net Loss-₹93.5 Lakh
FY 2024 · -25% margin
- EBITDA-₹90.9 Lakh
FY 2024 · -24% margin
- Total Equity Funding$1.27M (USD)
in 2 rounds
- Latest Funding Round$1M (USD), Angel Round
Dec 2023
- Employee Count20
Associated legal entities of Reelo
Reelo operates through Reelo Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Reelo Technologies Private Limited CIN U74999GJ2017PTC099691 | Active | 07 Nov 2017 | Ahmedabad, Gujarat | ₹3.7 Cr | 20 | 3 | View details |
Apps and channels of Reelo
its YouTube channel Reelo has 2.09K subscribers and 30 videos.
Videos from Reelo
The most watched videos on Reelo's YouTube channel, Reelo (2.09K subscribers). Click a video to play it here.
More on Reelo.
Funding Insights of Reelo
Reelo has successfully raised a total of $1.27M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $1 million completed in December 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 $1.27M
- Total Rounds 2
- Last Round Angel Round — $1M
- First Round $271,190
(Dec 2020)
- Investors Count 9
All 2 funding rounds of Reelo 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 2023 | $1M | Angel Round | $7.01M | Gokul Rajaram | – |
| Dec 2020 | $271,190 | Angel Round | $2.44M | Mit Hiteshkumar Shah, Ketankumar Rasiklal Shah | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2023 | $7.01M | •••••••• |
| Dec 2020 | $2.44M | •••••••• |
Last known valuation $7.01M (Dec 2023). 9 investors in total: 0 institutional and 9 angel.
Investors in Reelo
Reelo has secured backing from 9 investors, including angel investors. Prominent investors backing the company include Gokul Rajaram, Mit Hiteshkumar Shah and Ketankumar Rasiklal Shah.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
GR Gokul Rajaram | Angel investor, product leader at DoorDash, ex-Google, Square | – | unknown_277f43a5ed9043039 | - |
MH Mit Hiteshkumar Shah | - | – | unknown_38a3f3ed5c42427eb | - |
KR Ketankumar Rasiklal Shah | - | – | unknown_66ac655c918a40cd8 | - |
SR Shrenikbhai Rasiklal Shah | - | – | unknown_5747b52f687645ddb | - |
SP Shrikesh Prabhulal Mehta | - | – | unknown_eca3bee5f25d42d08 | - |
CL Chetan Lalit Shah | - | – | unknown_da4e847fd51740969 | - |
SC Saumin Champaklal Sheth | - | – | unknown_7056aaca0dd54166a | - |
TS Trupti Stavan Belani | - | – | unknown_00184ba8d7b04f6da | - |
KH Kejal Harmes Shah | - | – | unknown_2cd0f57a79ed4ca08 | - |
Investor details for Reelo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Reelo Technologies Private Limited (Reelo)
Reelo Technologies Private Limited is the primary company behind Reelo. The board of Reelo Technologies Private Limited currently have 3 directors; the longest-serving is Prit Pareshkumar Sanghvi, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prit Pareshkumar Sanghvi DIN 07975196 | Director | 07 Nov 2017 | 8 yrs 11 mo | Reelo Technologies Private Limited |
| Parin Pareshbhai Sanghavi DIN 07975172 | Director | 07 Nov 2017 | 8 yrs 11 mo | Reelo Technologies Private Limited |
| Indresh Waghjibhai Shah DIN 01918168 | Director | 07 Nov 2017 | 8 yrs 11 mo | Reelo Technologies Private Limited |
People of Reelo
11 people are tracked at Reelo (5 in leadership, 6 in team); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
Parin Sanghvi | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Agam Shah | Head Of Sales | Leadership |
Ketan Pandit | Fractional CMO And Advisor | Leadership |
Megha Bundel | Partner Marketer | Leadership |
Kruti Vaidya | Talent Acquisition Specialist | Team |
Dhruv Chavda | Senior Product Manager | Team |
Tapan Jain | Inside Sales Manager | Team |
Akhil Sharma | Sr. Sales & Support Manager | Team |
Priyank Mistry | Product Manager | Team |
Ishita Kamani | People & Talent Manager | Team |
Complete people profiles for Reelo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Reelo
Figures of Reelo Technologies Private Limited, the primary company behind Reelo, for FY 2024. Revenue was ₹3.73 Cr (+150% year on year). Net loss was -₹93.5 Lakh (-25% margin). EBITDA was -₹90.9 Lakh (-24% margin). Revenue has grown at a compounded annual rate of +88% over three years and +25% over five years.
- ₹3.73 CrRevenue · FY 2024 · +150% YoY
- -₹93.5 LakhNet loss · -25% margin
- -₹90.9 LakhEBITDA · -24% margin
- ₹1.7 LakhPaid-up capital
- 20Employees (provident fund records)
- +88%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Reelo Technologies Private Limited are on its company page.
Detailed financial statements for Reelo
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 Reelo
4 dated milestones of Reelo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Reelo is founded.
- Funding First funding round of $271K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $1.0M.
Competitors of Reelo
Reelo 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 Toast, Olo, Zenput, UrbanPiper and Paytronix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pos.toasttab.com | 2011 | Boston, United States | $1.15B | 5,700 | Restaurant operations are managed via a cloud-based platform. | |
| olo.com | 2005 | New York, United States | $73.61M | 39 | Olo is recognized as a restaurant technology platform provider. | |
| zenput.com | 2011 | San Francisco, United States | $43.82M | 71 | Zenput is utilized as an operations execution platform for multi-unit operators. | |
| urbanpiper.com | 2015 | Bengaluru, India | $32.32M | 165 | Delivery channels management software is provided for restaurants. | |
| paytronix.com | 2001 | Newton, United States | $75M | 234 | Cloud-based loyalty solutions for restaurants and stores are provided. | |
| tillster.com | 2006 | San Diego, United States | $154.82M | – | SaaS solutions for restaurant online ordering and analytics are offered. | |
| spoton.com | 1999 | San Francisco, United States | $900M | 1,355 | Provider of cloud-based POS software solutions for businesses and service providers | |
| bridg.com | 2011 | Los Angeles, United States | $12.96M | – | Bridg is focused on in-store identity resolution for retailers. | |
| touchbistro.com | 2010 | Toronto, Canada | $320.85M | – | SaaS software for restaurant payments and order management is provided. |
Detailed competitors of Reelo
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.
Web traffic of Reelo
The website of Reelo (reelo.io) receives about 507.2K visits a month.
- Monthly visits507.2K
▲ 8.2% vs previous month
Websites whose visitors overlap most with Reelo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| quickreply.ai | 100% | 69.6K | #336,682 | View details | |
| wanotifier.com | 99% | 113.6K | #341,173 | View details | |
| figma.com | 99% | 84.7M | #221 | View details | |
| periskope.app | 98% | – | #372,078 | View details | |
| chatrace.com | 96% | – | #1,066,539 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Reelo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Reelo
Complete news archive for Reelo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Reelo
10 companies that operate in the same segment as Reelo (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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Frequently Asked Questions about Reelo
Reelo was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Reelo is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Prit Pareshkumar Sanghvi is the current CEO of Reelo. They have also founded this company.
Reelo is a funded company, having raised a total of $1.27M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $271.19K, raised on Dec 2020.
Reelo has 20 employees.
The primary company behind Reelo, Reelo Technologies Private Limited, reported revenue of ₹3.73 Cr for FY 2024, up 150% year on year.
Reelo was founded in 2017 in Ahmedabad, India, as a provider of customer engagement and retention tools targeted at restaurants and retail businesses. Operations focus on data-driven insights into customer preferences and behaviors to support personalized marketing and loyalty initiatives. Services encompass loyalty programs, referral marketing, automated campaigns, and feedback collection mechanisms. The platform facilitates customer interactions through tailored strategies in the retail and hospitality sectors.
Reelo's top competitors include Toast, UrbanPiper and SpotOn.
Reelo has 9 investors. Key investors include Gokul Rajaram, Mit Hiteshkumar Shah, Ketankumar Rasiklal Shah, Shrenikbhai Rasiklal Shah, and Shrikesh Prabhulal Mehta.
The valuation of Reelo is $7.01M as of Dec 2023.
Reelo operates through Reelo Technologies Private Limited.
The legal entities of Reelo currently have 3 directors, including Prit Pareshkumar Sanghvi, Parin Pareshbhai Sanghavi, Indresh Waghjibhai Shah.