About Runnr
Runnr is a company based in Bengaluru (India) founded in 2015 by Vatsal Singhal was acquired by Zomato in September 2017. Runnr has raised $27.49 million across 3 funding rounds from investors including Zomato, Nexus Venture Partners and Rocket Internet. The company has 42 employees as of April 06, 2024. Runnr has completed 1 acquisition, including TinyOwl. Runnr operates in a competitive market with competitors including Opinio, VDeliver, Pikndel, Pickingo and Townrush, among others.
- Headquarter Bengaluru, India
- Employees 42 as on 06 Apr, 2024
- Founders Vatsal Singhal
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Carthero Technologies Private Limited
- Date of Incorporation 06 Apr, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$194.06 K (USD)-14.66as on Mar 31, 2022
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Net Profit
$99.24 K (USD)-28.24as on Mar 31, 2022
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EBITDA
-$54.56 K (USD)-3.99as on Mar 31, 2022
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Total Equity Funding
$27.49 M (USD)
in 3 rounds
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Latest Funding Round
$7 M (USD), Series B
Aug 29, 2016
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Investors
Zomato
& 11 more
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Employee Count
42
as on Apr 06, 2024
- Investments & Acquisitions
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Acquired by
Zomato
(Sep 13, 2017)
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Funding Insights of Runnr
Runnr has successfully raised a total of $27.49M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in August 2016. 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 Runnr
Runnr has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Zomato, Nexus Venture Partners and Rocket Internet.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage investments are made across sectors in India.
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Sequoia Capital is engaged in venture capital investments.
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Investor details for Runnr
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Investments & Acquisitions by Runnr
Runnr has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TinyOwl.
Investment portfolio details for Runnr
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provides a mobile-only platform for food ordering and delivery.
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Complete acquisition details for Runnr
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Financial Statements - Runnr
Detailed financials for Runnr
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Runnr Comparisons
Peer comparison for Runnr
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Competitors of Runnr
Runnr 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 Opinio, VDeliver, Pikndel, Pickingo and Townrush, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Tech-enabled last-mile delivery for food, groceries, and medicines is provided.
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Hyperlocal on-demand delivery services are facilitated via web platform.
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Shared dark store and delivery solutions are provided for e-commerce.
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Hyperlocal delivery services are provided for businesses in Delhi NCR.
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On-demand B2B hyperlocal delivery
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Detailed competitors of Runnr
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Latest news on Runnr
Complete news archive for Runnr
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Frequently Asked Questions about Runnr
Runnr was founded in 2015.
Runnr is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Runnr is a funded company, having raised a total of $27.49M across 3 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Runnr is 42.
Annual revenue of Runnr is $194.06K as on Mar 31, 2022.
Runnr provides online on-demand food delivery for customers and hyperlocal delivery services for local merchants restaurants to deliver to customers in their locality. Provides an online dashboard for restaurant owners to track the status of each delivery on a map-based interface. Claims to provide its services on every day of the week including weekends. Piloted use of electric scooters fitted with internal GPS and in-built sensors for tracking speed, petrol usage and location (Aug 2015). Partnered with hyperlocal C2B messaging app LookUp to offer deliveries to local businesses who receive an order through LookUp (Sept 2015). Raised 7M in the second tranche of series B funding in Aug16. Pivoted to on-demand food delivery service after the merger with TinyOwl in June 2016. Currently operational in Mumbai Bangalore with 150 restaurants on board. Launched RunnrMeals program in Nov16 targeting corporate employees through which users can order curated meals from selected restaurants.
Runnr has made 1 acquisition, including TinyOwl.
Runnr has 12 investors. Key investors include Zomato, Nexus Venture Partners, Rocket Internet, Aritra Partners, and Blume Ventures.
The valuation of Runnr is $13.12M as of Aug 2016.