About Renowala
Renowala is a company based in Hyderabad (India) founded in 2014 by Joshua Kumar was acquired by Ixora Corporate Services in May 2017.. Renowala operates in a competitive market with competitors including Kolo App, Garden of Joy, PaperToStone, Homergize and BathStory, among others.
- Headquarter Hyderabad, India
- Founders Joshua Kumar
-
Sectors
Business ServicesReal Estate & Construction Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Renowala Online Private Limited
- Date of Incorporation 28 Sep, 2015
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$0 (USD)0as on Mar 31, 2023
-
Net Profit
$-741.57 (USD)-23.66as on Mar 31, 2023
-
EBITDA
$-259.1 (USD)-121.04as on Mar 31, 2023
-
Latest Funding Round
-
Investors
Ixora Corporate Services
& 2 more
-
Employee Count
Employee Count
-
Acquired by
Ixora Corporate Services
(May 22, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Renowala
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Angel Round - Renowala | Valuation | Pradeep Dhobale |
|
| Nov, 2015 | Amount | Angel Round - Renowala | Valuation | Mohammed Maheen Kannu |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renowala
Renowala has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Pradeep Dhobale, Mohammed Maheen Kannu and Ixora Corporate Services. 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 |
|---|---|---|---|---|
|
PD
Pradeep Dhobale |
Angel investor, ex-Unilever executive, focused on consumer and sustainability startups.
|
Founded Year | Domain | Location |
|
MM
Mohammed Maheen Kannu |
-
|
Founded Year | Domain | Location |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Renowala
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Renowala
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renowala Comparisons
Competitors of Renowala
Renowala 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 Kolo App, Garden of Joy, PaperToStone, Homergize and BathStory, 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 |
Home improvement services are booked via an app-based marketplace.
|
|
| domain | founded_year | HQ Location |
Landscaping and roofing contractor services are offered in Bengaluru.
|
|
| domain | founded_year | HQ Location |
Online marketplace for architects, designers and contractors
|
|
| domain | founded_year | HQ Location |
An online marketplace for home improvement services is provided.
|
|
| domain | founded_year | HQ Location |
Provider of bathroom renovation services
|
|
| domain | founded_year | HQ Location |
Operates an online marketplace for booking interior designers and carpenters.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Renowala
Frequently Asked Questions about Renowala
When was Renowala founded?
Renowala was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Renowala located?
Renowala is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Renowala?
Joshua Kumar is the current CEO of Renowala. They have also founded this company.
What does Renowala do?
Founded in 2014 in Hyderabad, India, by Joshua Kumar, the company operates as an online marketplace in the home improvement sector. Services such as repairs, renovations, and interiors consultations are facilitated by linking vendors, designers, and homeowners for interactions. Launch is scheduled for January 2016 in Hyderabad and Bangalore. Angel funding was secured from Logtally for a 15 stake, accompanied by tech support for web and app development.
Who are the top competitors of Renowala?
Renowala's top competitors include Kolo App, PaperToStone and Homergize.
Who are Renowala's investors?
Renowala has 3 investors. Key investors include Pradeep Dhobale, Mohammed Maheen Kannu, and Ixora Corporate Services.