About SangamDirect
SangamDirect is a company based in Bengaluru (India) founded in 2015 was acquired by Future Group in September 2016.. SangamDirect operates in a competitive market with competitors including Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
- Headquarter Bengaluru, India
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Future Group
(Sep 21, 2016)
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Funding Insights of SangamDirect
| 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 SangamDirect
SangamDirect has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Future Group. 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-format offline retail is operated in India.
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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 SangamDirect
| 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 - SangamDirect
| 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 |
Sangamdirect Comparisons
Competitors of SangamDirect
SangamDirect 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 Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, 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 |
Instant delivery of groceries and essentials is facilitated online.
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| domain | founded_year | HQ Location |
Personal and household products are delivered via an e-commerce platform.
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| domain | founded_year | HQ Location |
Food and grocery items are ordered via an online network.
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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| domain | founded_year | HQ Location |
Grocery products are provided via an online digital storefront.
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| domain | founded_year | HQ Location |
Provider of online platform offering grocery, household items, cakes, and flowers
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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 SangamDirect
When was SangamDirect founded?
SangamDirect was founded in 2015.
Where is SangamDirect located?
SangamDirect is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What does SangamDirect do?
SangamDirect was founded in 2015 and is based in Bengaluru, India, operating in the online grocery sector. Groceries, body care products, and snacks are provided through its platform, with a minimum order value of INR 500 and free delivery for orders exceeding INR 1000. Payment options include online methods, cash on delivery, or Sodexo. As of July 2016, services were available in Bangalore and DelhiNCR regions.
Who are the top competitors of SangamDirect?
Who are SangamDirect's investors?
SangamDirect has 1 investor. Key investors include Future Group.