About Ribin
Ribin is a company based in Pune (India) founded in 2022 by Abhishek Pai Angle and Om Kannamwar. It operates as a SaaS (Software-as-a-Service), and Managed Services. Ribin has raised $160 thousand across 1 funding round from investors including 100X.VC. The company has 1 employees as of April 01, 2024. Ribin offers products and services including Corporate Experiences Platform, Engagement Analytics, and AI Concierge. Ribin operates in a competitive market with competitors including Grow-Trees, Expree, India Santa, WantASanta and BetterBeOut, among others.
- Headquarter Pune, India
- Employees 1 as on 01 Apr, 2024
- Founders Abhishek Pai Angle, Om Kannamwar
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Closertech Private Limited
- Date of Incorporation 25 May, 2022
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$160 K (USD)
in 1 rounds
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Latest Funding Round
$160 K (USD), Seed
Jun 26, 2023
- Investors
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Employee Count
1
as on Apr 01, 2024
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Products & Services of Ribin
Ribin offers a comprehensive portfolio of products and services, including Corporate Experiences Platform, Engagement Analytics, and AI Concierge. 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.
A platform for tailored corporate employee experiences provided.
Insights on employee participation and program effectiveness offered.
Personalized corporate experience recommendations driven by AI technology.
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Funding Insights of Ribin
Ribin has successfully raised a total of $160K through 1 strategic funding round. The most recent funding activity was a Seed round of $160 thousand completed in June 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 1
- Last Round Seed — $160,000
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First Round
First Round
(26 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Ribin | Valuation | 100X.VC |
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| 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 Ribin
Ribin has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC. 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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Early-stage startups are funded by 100X.VC venture capital firm.
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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 Ribin
| 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 - Ribin
| 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 |
Ribin Comparisons
Competitors of Ribin
Ribin 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 Grow-Trees, Expree, India Santa, WantASanta and BetterBeOut, 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 |
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| domain | founded_year | HQ Location |
Online platform offering planted trees
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| domain | founded_year | HQ Location |
Provides a versatile platform for corporate gifting, simplifying employee and client rewards.
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| domain | founded_year | HQ Location |
Operates an online retail shop for experience gifting and gift registries.
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| domain | founded_year | HQ Location |
Operates a digital platform for booking festive Christmas experiences.
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| domain | founded_year | HQ Location |
Operates a digital hub for booking tours and activities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Ribin
When was Ribin founded?
Ribin was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Ribin located?
Ribin is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Ribin?
Om Kannamwar is the current CEO of Ribin. They have also founded this company.
Is Ribin a funded company?
Ribin is a funded company, having raised a total of $160K across 1 funding round to date. The company's 1st funding round was a Seed of $160K, raised on Jun 26, 2023.
How many employees does Ribin have?
As of Apr 01, 2024, the latest employee count at Ribin is 1.
What does Ribin do?
Ribin is engaged in providing a data-driven platform for corporate experiences, specializing in employee engagement solutions. The company operates within the HR technology sector, offering customized engagement plans, analytics, and AI-driven personalization for organizations. Services are designed to enhance workplace culture, retention, and satisfaction by curating impactful experiences aligned with company goals and employee preferences. Solutions are tailored for mid-sized corporates in India, replacing multiple vendors with a streamlined, all-in-one platform.
Who are the top competitors of Ribin?
Ribin's top competitors include Grow-Trees, India Santa and Expree.
What products or services does Ribin offer?
Ribin offers Corporate Experiences Platform, Engagement Analytics, and AI Concierge.
Who are Ribin's investors?
Ribin has 1 investor. Key investors include 100X.VC.