Sofify

Delhi, India Founded: 2016 • Age: 10 yrs
A mobile-first marketplace for buying and selling pre-owned furniture.

About Sofify

Sofify is a company based in Delhi (India) founded in 2016. It operates as a B2C. Sofify operates in a competitive market with competitors including Zefo, Get my Couch, FabX, Refabd and EazyFurnish, among others.

  • Headquarter Delhi, India
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Sofify

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Sofify

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sofify

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sofify Comparisons

Employees
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Competitors of Sofify

Sofify 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 Zefo, Get my Couch, FabX, Refabd and EazyFurnish, 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
Multi-category used products are consigned and sold online.
domain founded_year HQ Location
Online platform for purchasing furniture, beds, dining sets, and decor items.
domain founded_year HQ Location
Refurbished furniture is retailed online with buyback guarantees.
domain founded_year HQ Location
Operates a digital hub for buying used furniture and home appliances.
domain founded_year HQ Location
Operates a digital marketplace specializing in second-hand furniture sales.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sofify

Frequently Asked Questions about Sofify

When was Sofify founded?

Sofify was founded in 2016.

Where is Sofify located?

Sofify is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

What does Sofify do?

Sofify a mobile-first marketplace for buying and selling pre-owned furniture through operating online marketplaces, marketplace, second-hand goods, and producing furniture. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Sofify?

Sofify's top competitors include Zefo, FabX and Get my Couch.

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