About Sanghvi Technologies
Sanghvi Technologies is a Business Services company based in Bengaluru (India) founded in 2006 by Darpan Sanghvi. Application development and digital marketing services are provided. Sanghvi Technologies has raised $111.79 million across 7 funding rounds from investors including Amazon, L'Occitane and Bessemer Venture Partners. The company has 213 employees. Sanghvi Technologies was last valued at $41 million in December 2018. Its Indian entity Sanghvi Beauty & Technologies Private Limited reported revenue of ₹639 Cr. Its focus areas include Marketing Services and Full Service Marketing Agency.
Company details
Sanghvi Technologies was founded in 2006 and is headquartered in Bengaluru, India. Services in application development and digital marketing are offered within the IT sector. Operations are centered on delivering these core capabilities to clients. The company is led by founder Darpan Sanghvi, with non-executive directors Narendra Sanghvi and Disha Sanghvi, alongside other key personnel including Anand SR. Focus remains on technology-driven solutions in the Indian market.
- Headquarters Bengaluru, India
- Employees 213
- Founders Darpan Sanghvi
- Stage Minicorn
- SectorsBusiness Services
- Website sanghvitechnologies.com
- Legal Name Sanghvi Beauty & Technologies Private Limited
- Date of Incorporation 12 Aug, 2015
- Annual Revenue₹639 Cr
FY 2023 · +176% YoY
- Net Loss-₹917 Cr
FY 2023 · -144% margin
- EBITDA-₹813 Cr
FY 2023 · -127% margin
- Total Equity Funding$111.79M (USD)
in 7 rounds
- Latest Funding Round$11.17M (USD), Debt – Conventional
Sep 2021
- InvestorsAmazon
& 12 more
- Employee Count213
Associated legal entities of Sanghvi Technologies
Sanghvi Technologies operates through Sanghvi Beauty & Technologies Private Limited (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sanghvi Beauty & Technologies Private Limited CIN U72900PN2015PTC156163 | Under Cirp | 12 Aug 2015 | Pune, Maharashtra | ₹639 Cr | 1,900 | 1 | View details |
Funding Insights of Sanghvi Technologies
Sanghvi Technologies has successfully raised a total of $111.79M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $11.17 million completed in September 2021. 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 $111.79M
- Total Rounds 7
- Last Round Debt – Conventional — $11.17M
- First Round $6M
(Apr 2016)
- Investors Count 13
All 7 funding rounds of Sanghvi Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $11.17M | Debt – Conventional | – | – | |
| Sep 2021 | $34.5M | Series C | – | Trifecta Capital | |
| Jul 2021 | $35.02M | Series C | – | Accel | |
| Mar 2021 | $24.08M | Series C | – | Ascent Capital | |
| Dec 2018 | $2.56M | Series A | $41M | L'Occitane | – |
| Mar 2017 | $9.64M | Series A | – | L'Occitane | – |
| Apr 2016 | $6M | Seed | $37.65M | L'Occitane |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2018 | $41M | •••••••• |
| Apr 2016 | $37.65M | •••••••• |
Last known valuation $41M (Dec 2018). 13 investors in total: 12 institutional and 1 angel.
Investors in Sanghvi Technologies
Sanghvi Technologies has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amazon, L'Occitane and Bessemer Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
AscentCapital is engaged in potato farming, grain marketing, and equipment services in Maine. | 2000 | ascentcapital.in | Bengaluru, India | |
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Multi-category products are offered through an online marketplace. | 1994 | amazon.com | Seattle, United States | |
Beauty and personal care products are sold by L'Occitane globally. | 1976 | loccitane.com | Paris, France | |
Wipro is recognized as a consulting-led, AI-powered technology services company. | 1945 | wipro.com | Bengaluru, India |
Investor details for Sanghvi Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Sanghvi Beauty & Technologies Private Limited (Sanghvi Technologies)
Sanghvi Beauty & Technologies Private Limited is the primary company behind Sanghvi Technologies. The board of Sanghvi Beauty & Technologies Private Limited currently has 1 director; the longest-serving is Darpan Narendra Sanghvi, appointed in 2015. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Darpan Narendra Sanghvi DIN 02912102 | Director | 12 Aug 2015 | 11 yrs 2 mo | Sanghvi Beauty & Technologies Private Limited |
People of Sanghvi Technologies
4 people are tracked at Sanghvi Technologies (4 in leadership); the tracked headcount is 213.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Non-Executive Director | Leadership | |
Anand SR | Leadership | |
Disha Sanghvi | Non-Executive Director | Leadership |
Complete people profiles for Sanghvi Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Sanghvi Technologies
Figures of Sanghvi Beauty & Technologies Private Limited, the primary company behind Sanghvi Technologies, for FY 2023. Revenue was ₹639 Cr (+176% year on year). Net loss was -₹917 Cr (-144% margin). EBITDA was -₹813 Cr (-127% margin). Revenue has grown at a compounded annual rate of +130% over five years.
- ₹639 CrRevenue · FY 2023 · +176% YoY
- -₹917 CrNet loss · -144% margin
- -₹813 CrEBITDA · -127% margin
- ₹822 CrPaid-up capital
- 1,900Employees (provident fund records)
- +130%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sanghvi Beauty & Technologies Private Limited are on its company page.
Detailed financial statements for Sanghvi Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Sanghvi Technologies
4 dated milestones of Sanghvi Technologies across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Sanghvi Technologies is founded.
- Funding First funding round of $6.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional, of $11.2M.
Top companies in Marketing & Outreach Platforms
2 companies that operate in the same segment as Sanghvi Technologies (Marketing & Outreach Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital marketing, data analytics, and IT services are provided globally. | 1981 | Bengaluru, Karnataka, India | USD 19.5 B | 46,183 | ||
Provider of influencer marketing services | 2009 | Mumbai, Maharashtra, India | USD 16.48 M | USD 49.42 M | 434 |
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Frequently Asked Questions about Sanghvi Technologies
Sanghvi Technologies was founded in 2006 and raised its 1st funding round 10 years after it was founded.
Sanghvi Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sanghvi Technologies is a funded company, having raised a total of $111.79M across 7 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Apr 2016.
Sanghvi Technologies has 213 employees.
The primary company behind Sanghvi Technologies, Sanghvi Beauty & Technologies Private Limited, reported revenue of ₹639 Cr for FY 2023, up 176% year on year.
Sanghvi Technologies was founded in 2006 and is headquartered in Bengaluru, India. Services in application development and digital marketing are offered within the IT sector. Operations are centered on delivering these core capabilities to clients. The company is led by founder Darpan Sanghvi, with non-executive directors Narendra Sanghvi and Disha Sanghvi, alongside other key personnel including Anand SR. Focus remains on technology-driven solutions in the Indian market.
Sanghvi Technologies has 13 investors. Key investors include Amazon, L'Occitane, Bessemer Venture Partners, Accel, and Wipro.
The valuation of Sanghvi Technologies is $41M as of Dec 2018.
Sanghvi Technologies operates through Sanghvi Beauty & Technologies Private Limited.
The legal entities of Sanghvi Technologies currently have 1 director, including Darpan Narendra Sanghvi.