About Reloy
Reloy is a company based in Mumbai (India) founded in 2015 by Abhay Ambo, Devesh Jhunjhunwala, and Akhil Saraf.. Reloy has raised $1.67 million across 3 funding rounds from investors including Angel List, Wellfound and Lead Angels. The company has 47 employees as of March 28, 2024. Reloy offers products and services including ConnectRE and WinnRE. Reloy operates in a competitive market with competitors including immowelt, Inside Real Estate, BoomTown, Lofty and Funnel, among others.
- Headquarter Mumbai, India
- Employees 47 as on 28 Mar, 2024
- Founders Abhay Ambo, Devesh Jhunjhunwala, Akhil Saraf
- Stage Minicorn
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Sectors
Real Estate & ConstructionTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Loyalie It-Solutions Private Limited
- Date of Incorporation 28 May, 2015
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$1.53 M (USD)193.97as on Mar 31, 2023
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Net Profit
$-232.4 K (USD)-8.96as on Mar 31, 2023
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EBITDA
$-170.83 K (USD)9.87as on Mar 31, 2023
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Total Equity Funding
$1.67 M (USD)
in 3 rounds
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Latest Funding Round
$872.7 K (USD), Seed
Mar 30, 2023
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Investors
Angel List
& 67 more
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Employee Count
47
as on Mar 28, 2024
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Products & Services of Reloy
Reloy offers a comprehensive portfolio of products and services, including ConnectRE and WinnRE. 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.
Platform for boosting referral sales in real estate.
Tool for building and managing broker networks efficiently.
Funding Insights of Reloy
Reloy has successfully raised a total of $1.67M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $872.7 thousand 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 3
- Last Round Seed — $872,700
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First Round
First Round
(15 Nov 2021)
- Investors Count 68
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - Reloy | Valuation | Deepa Bagla Financial Consultant , Inflection Point Ventures | |
| Sep, 2022 | Amount | Angel Round - Reloy | Valuation | Hemanth Gupta |
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| Nov, 2021 | Amount | Seed - Reloy | Valuation | Firstport Capital |
| 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 Reloy
Reloy has secured backing from 68 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Lead Angels. 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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Investment in high-growth startups and angel funding services in India.
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Founded Year | Domain | Location | |
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Early-stage investing in technology sectors with a focus on founders and competitive advantages.
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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 Reloy
| 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 - Reloy
| 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 |
Reloy Comparisons
Competitors of Reloy
Reloy 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 immowelt, Inside Real Estate, BoomTown, Lofty and Funnel, 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 |
CRM solutions and real estate software are provided for professionals.
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| domain | founded_year | HQ Location |
Lead generation and CRM solutions for real estate are provided.
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| domain | founded_year | HQ Location |
Web-based marketing systems for real estate professionals are developed.
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| domain | founded_year | HQ Location |
Lofty is recognized as an AI-powered platform for real estate professionals.
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| domain | founded_year | HQ Location |
A CRM platform is developed for multifamily property management.
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| domain | founded_year | HQ Location |
VTS is recognized for providing commercial real estate technology solutions.
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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 Reloy
Frequently Asked Questions about Reloy
When was Reloy founded?
Reloy was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Reloy located?
Reloy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Reloy?
Akhil Saraf is the current CEO of Reloy. They have also founded this company.
Is Reloy a funded company?
Reloy is a funded company, having raised a total of $1.67M across 3 funding rounds to date. The company's 1st funding round was a Seed of $773.7K, raised on Nov 15, 2021.
How many employees does Reloy have?
As of Mar 28, 2024, the latest employee count at Reloy is 47.
What is the annual revenue of Reloy?
Annual revenue of Reloy is $1.53M as on Mar 31, 2023.
What does Reloy do?
Reloy was founded in 2015 in Mumbai, India, as a provider of CRM software and loyalty management solutions tailored to real estate builders and professionals. Digital tools for managing client relationships are offered, incorporating behavior trends and homebuyer experiences. Key features encompass customer referrals, sales conversion processes, and related functionalities within the real estate sector.
Who are the top competitors of Reloy?
Reloy's top competitors include immowelt, VTS and Inside Real Estate.
What products or services does Reloy offer?
Reloy offers ConnectRE and WinnRE.
Who are Reloy's investors?
Reloy has 68 investors. Key investors include Angel List, Wellfound, Lead Angels, HDFC Capital, and BlueLotus.
What is Reloy's valuation?
The valuation of Reloy is $6.38M as of Mar 2023.