About Samarth
Samarth is a company based in Delhi (India) founded in 2015 by Gaurav Agarwal, Anuradha Das Mathur, Asheesh Gupta, and Sanjay Ahuja.. Samarth has raised $1.74 million across 2 funding rounds from investors including Aroa Venture Partners, Social Alpha and Zhooben Bhiwandiwala. The company has 17 employees as of April 05, 2024. Samarth offers products and services including Senior Community, Eldercare Plans, Samarth Privilege Card, and Elder-Friendly Shop. Samarth operates in a competitive market with competitors including GenWise, evershineclub and TheRich, among others.
- Headquarter Delhi, India
- Employees 17 as on 05 Apr, 2024
- Founders Gaurav Agarwal, Anuradha Das Mathur, Asheesh Gupta, Sanjay Ahuja
- Stage Minicorn
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Sectors
Business Services
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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 Samarth Life Management Private Limited
- Date of Incorporation 27 Jan, 2016
- Jurisdiction Delhi, India
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Annual Revenue
$462.98 K (USD)33.52as on Mar 31, 2023
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Net Profit
$-31.25 K (USD)53.82as on Mar 31, 2023
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EBITDA
$-56.4 K (USD)40.26as on Mar 31, 2023
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Total Equity Funding
$1.74 M (USD)
in 2 rounds
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Latest Funding Round
$1.45 M (USD), Seed
Feb 17, 2024
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Investors
Aroa Venture Partners
& 16 more
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Employee Count
17
as on Apr 05, 2024
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Products & Services of Samarth
Samarth offers a comprehensive portfolio of products and services, including Senior Community, Eldercare Plans, Samarth Privilege Card, and Elder-Friendly Shop. 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 active seniors to connect and engage socially.
Curated support plans addressing elderly daily needs and care.
Card offering discounts and benefits for senior health expenses.
Online store providing products tailored to elderly requirements.
Funding Insights of Samarth
Samarth has successfully raised a total of $1.74M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.45 million completed in February 2024. 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 2
- Last Round Seed — $1.4M
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First Round
First Round
(16 Jun 2016)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Samarth | Valuation | Aroa Venture Partners | |
| Jun, 2016 | Amount | Angel Round - Samarth | Valuation | Kedar Anil Wagle |
| 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 Samarth
Samarth has secured backing from 17 investors, including venture fund and angel investors. Prominent investors backing the company include Aroa Venture Partners, Social Alpha and Zhooben Bhiwandiwala. 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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Multi-sector and multi-stage venture capital investments are pursued.
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Founded Year | Domain | Location | |
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Sustainable startups are supported via innovation curation and venture funding.
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Founded Year | Domain | Location | |
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ZB
Zhooben Bhiwandiwala |
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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 Samarth
| 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 - Samarth
| 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 |
Samarth Comparisons
Competitors of Samarth
Samarth 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 GenWise, evershineclub and TheRich, 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 |
Provider of a platform offering social engagement and support for elders
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| domain | founded_year | HQ Location |
Online platform for seniors to explore talents, learn skills, and connect with others.
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| domain | founded_year | HQ Location |
Serves as a social networking app tailored for high net worth individuals.
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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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Frequently Asked Questions about Samarth
When was Samarth founded?
Samarth was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Samarth located?
Samarth is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Samarth a funded company?
Samarth is a funded company, having raised a total of $1.74M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $297.13K, raised on Jun 16, 2016.
How many employees does Samarth have?
As of Apr 05, 2024, the latest employee count at Samarth is 17.
What is the annual revenue of Samarth?
Annual revenue of Samarth is $462.98K as on Mar 31, 2023.
What does Samarth do?
Founded in 2015 and based in Delhi, India, eldercare services and community support are provided by Samarth in the healthcare sector. Curated care plans address various elderly needs, while a support network promotes emotional well-being and engagement. Tailored products meet daily requirements, and in-home care is facilitated for those living alone. Assistance extends to hospital visits, medical coordination, and family-like support for both elderly individuals and their children.
Who are the top competitors of Samarth?
Samarth's top competitors include GenWise, TheRich and evershineclub.
What products or services does Samarth offer?
Samarth offers Senior Community, Eldercare Plans, Samarth Privilege Card, and Elder-Friendly Shop.
Who are Samarth's investors?
Samarth has 17 investors. Key investors include Aroa Venture Partners, Social Alpha, Zhooben Bhiwandiwala, Guarav Gulati, and Nitin Wadhwa.
What is Samarth's valuation?
The valuation of Samarth is $1.04M as of Jun 2016.