About Seniority
Seniority is a company based in Pune (India) founded in 2016 by Tapan Mishra was acquired by HCAH in November 2022.. Seniority has raised $5.79 million across 6 funding rounds from investors including Carnival Corporation, HCAH and Swallow Associates. The company has 2 employees as of April 08, 2024. Seniority operates in a competitive market with competitors including ElderLiving, among others.
- Headquarter Pune, India
- Employees 2 as on 08 Apr, 2024
- Founders Tapan Mishra
- 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
*********
- Legal Name Asvata Climate Solutions Private Limited
- Date of Incorporation 17 Feb, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.42 M (USD)-55.32as on Mar 31, 2022
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Net Profit
$-869.3 K (USD)63.99as on Mar 31, 2022
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EBITDA
$-877.91 K (USD)64.25as on Mar 31, 2022
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Total Equity Funding
$5.79 M (USD)
in 6 rounds
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Latest Funding Round
$1.38 M (USD), Series A
Nov 09, 2020
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Investors
Carnival Corporation
& 2 more
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Employee Count
2
as on Apr 08, 2024
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Acquired by
HCAH
(Nov 10, 2022)
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Funding Insights of Seniority
Seniority has successfully raised a total of $5.79M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.38 million completed in November 2020. 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 A — $1.4M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series A - Seniority | Valuation | Swallow Associates | |
| Aug, 2019 | Amount | Series A - Seniority | Valuation | Swallow Associates | |
| May, 2019 | Amount | Series A - Seniority | Valuation |
investors |
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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 Seniority
Seniority has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Carnival Corporation, HCAH and Swallow Associates. 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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Limited information available
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Provider of brand design services
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Home healthcare services provider
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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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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 Seniority
| 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 - Seniority
| 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 |
Seniority Comparisons
Competitors of Seniority
Seniority 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 ElderLiving, 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 |
Offers online shopping and rentals of elder care products for seniors across India.
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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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Latest news on Seniority
Frequently Asked Questions about Seniority
When was Seniority founded?
Seniority was founded in 2016.
Where is Seniority located?
Seniority is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is Seniority a funded company?
Seniority is a funded company, having raised a total of $5.79M across 6 funding rounds to date.
How many employees does Seniority have?
As of Apr 08, 2024, the latest employee count at Seniority is 2.
What is the annual revenue of Seniority?
Annual revenue of Seniority is $1.42M as on Mar 31, 2022.
What does Seniority do?
Seniority was founded in 2016 in Pune, India, as an online retail platform focused on products for the elderly. Medical devices, aids, and tools are offered in categories such as hearing and mobility aids, lifestyle supports, and rehabilitation equipment. Over 2,000 items are available for purchase, with operations centered on e-commerce delivery to customers across India.
Who are the top competitors of Seniority?
Seniority's top competitors include ElderLiving.
Who are Seniority's investors?
Seniority has 3 investors. Key investors include Carnival Corporation, HCAH, and Swallow Associates.
What is Seniority's valuation?
The valuation of Seniority is $20.65M as of Nov 2020.