About SastaSundar
SastaSundar is a company based in Kolkata (India) founded in 2011 by Ravi Kant Sharma and Banwari Lal Mittal was acquired by Flipkart in November 2021.. SastaSundar has raised $38.26 million across 6 funding rounds from investors including Flipkart, Rohto Group and Mitsubishi Corporation. SastaSundar operates in a competitive market with competitors including Tata 1mg, HealthKart, Truemeds, PharmEasy and HyugaLife, among others.
- Headquarter Kolkata, India
- Founders Ravi Kant Sharma, Banwari Lal Mittal
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Funding Insights of SastaSundar
SastaSundar has successfully raised a total of $38.26M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $14.11 million completed in August 2019. 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 6
- Last Round Series C — $14.1M
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First Round
First Round
(30 Apr 2011)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Series C - SastaSundar | Valuation | Mitsubishi Corporation |
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| Feb, 2019 | Amount | Series B - SastaSundar | Valuation | Rohto Group , Sastasundar Ventures |
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| May, 2017 | Amount | Series A - SastaSundar | Valuation | Rohto Group |
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| 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 SastaSundar
SastaSundar has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Flipkart, Rohto Group and Mitsubishi Corporation. 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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Venture capital investments are directed toward healthcare and diverse sectors.
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Founded Year | Domain | Location | |
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Natural gas and petroleum are distributed and traded globally.
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Founded Year | Domain | Location | |
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Pharmaceuticals and healthcare products are developed for global well-being.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 SastaSundar
| 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 - SastaSundar
| 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 |
Sastasundar Comparisons
Competitors of SastaSundar
SastaSundar 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 Tata 1mg, HealthKart, Truemeds, PharmEasy and HyugaLife, 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 |
Provider of an online pharmacy with doctor listing and teleconsultation services
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| domain | founded_year | HQ Location |
Health and fitness products are sold via an online platform.
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| domain | founded_year | HQ Location |
Provider of an online pharmacy and telehealth platform
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| domain | founded_year | HQ Location |
Provider of an online pharmacy and healthcare platforms
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| domain | founded_year | HQ Location |
Provider of an e-commerce platform that sells authentic health and wellness products
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| domain | founded_year | HQ Location |
Medicines and health products are retailed through pharmacy outlets.
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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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Latest news on Sastasundar
Frequently Asked Questions about SastaSundar
When was SastaSundar founded?
SastaSundar was founded in 2011.
Where is SastaSundar located?
SastaSundar is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Who is the current CEO of SastaSundar?
Abhay Jain is the current CEO of SastaSundar.
Is SastaSundar a funded company?
SastaSundar is a funded company, having raised a total of $38.26M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Apr 30, 2011.
What does SastaSundar do?
SastaSundar is an online marketplace for health care products. The products listed on the platform include medicines, vitamins, nutritional products, ayurvedic and herbal preparations, organic products, yoga and workout accessories, beauty, personal care products, medical devices, medical equipment, personal protective equipment. Partnered with licensed and on-shop pharmacies for order fulfillment, free home delivery is available. Also, personal health records, symptoms checker, health tools, health articles, medicine information are available on the platform. DNAVITA is the solution for delivering personalized and customized ayurvedic supplements to consumers based on an assessment test. YANA Diet is a solution for giving personalized diet plans for consumers through the mobile app. The company claims to serve 15.5k locations across India and also claims that its YANA Diet solution has garnered over 25k clients.
Who are the top competitors of SastaSundar?
SastaSundar's top competitors include Tata 1mg, PharmEasy and HealthKart.
Who are SastaSundar's investors?
SastaSundar has 10 investors. Key investors include Flipkart, Rohto Group, Mitsubishi Corporation, Sastasundar Ventures, and Tribhuwan.
What is SastaSundar's valuation?
The valuation of SastaSundar is $110.58M as of Aug 2019.