About Ricago
Ricago is a company based in Bengaluru (India) founded in 2013. Ricago has raised $891.35 thousand across 3 funding rounds from investors including 3one4 Capital, ThinKuvate and Shoba Akula. The company has 45 employees as of April 04, 2024. Ricago operates in a competitive market with competitors including Palantir, NAVEX Global, AuditBoard, Venminder and Mitratech, among others.
- Headquarter Bengaluru, India
- Employees 45 as on 04 Apr, 2024
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Clonect Solutions Private Limited
- Date of Incorporation 24 Jan, 2014
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$601.53 K (USD)16.8as on Mar 31, 2023
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Net Profit
$9.75 K (USD)-13.55as on Mar 31, 2023
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EBITDA
$119.6 K (USD)-20.29as on Mar 31, 2023
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Total Equity Funding
$891.35 K (USD)
in 3 rounds
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Latest Funding Round
$298.69 K (USD), Seed
Jan 16, 2017
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Investors
3one4 Capital
& 19 more
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Employee Count
45
as on Apr 04, 2024
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Funding Insights of Ricago
Ricago has successfully raised a total of $891.35K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $298.69 thousand completed in January 2017. 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.
Investors in Ricago
Ricago has secured backing from 20 investors, including venture fund and angel investors. Prominent investors backing the company include 3one4 Capital, ThinKuvate and Shoba Akula.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital and startup investment services are offered by ThinKuvate in various sectors.
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Shoba Akula |
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Investor details for Ricago
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Investments & Acquisitions by Ricago
Investment portfolio details for Ricago
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Financial Statements - Ricago
Detailed financials for Ricago
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Ricago Comparisons
Peer comparison for Ricago
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Competitors of Ricago
Ricago 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 Palantir, NAVEX Global, AuditBoard, Venminder and Mitratech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform that provides data analysis and management solutions
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Cloud-based ethics and compliance software is provided for risk management.
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Cloud-based GRC and audit management solutions are provided.
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Vendor risk management solutions are delivered through a cloud-based platform.
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Provider of solutions for third party risk management to banks
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Vendor risk management solutions for businesses & financial institutions
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Detailed competitors of Ricago
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Latest news on Ricago
Complete news archive for Ricago
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Frequently Asked Questions about Ricago
Ricago was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Ricago is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ricago is a funded company, having raised a total of $891.35K across 3 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Ricago is 45.
Annual revenue of Ricago is $601.53K as on Mar 31, 2023.
Ricago was founded in 2013 in Bengaluru, India, as a provider of technology solutions in the governance, risk, and compliance sector. Compliance processes are simplified and automated for organizations through its platform. Risks of non-compliance are mitigated by identifying, controlling, remediating, and monitoring compliance postures. Tools are included to support adherence to OSHA standards and regulations across business operations.
Ricago's top competitors include Palantir, AuditBoard and NAVEX Global.
Ricago has 20 investors. Key investors include 3one4 Capital, ThinKuvate, Shoba Akula, Mayank D Upadhyay, and Rachit Agarwal.
The valuation of Ricago is $6.8M as of Jan 2017.