About SSP Advantage
SSP Advantage is a company based in Mumbai (India) founded in 2012 by Praful Wadyalkar.. SSP Advantage has raised $2.39 million across 3 funding rounds from investors including SIDBI Venture Capital, Padma Jalan and Taha Nabee. SSP Advantage operates in a competitive market with competitors including JustLikeNew, Seva Services, Mobile Solution, iService and Gadget Restore, among others.
- Headquarter Mumbai, India
- Founders Praful Wadyalkar
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pickme E-Solutions India Private Limited
- Date of Incorporation 16 Mar, 2012
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$203.71 K (USD)-77.94as on Mar 31, 2017
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Net Profit
$-881.18 K (USD)-12.58as on Mar 31, 2017
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EBITDA
$-911.26 K (USD)-19.31as on Mar 31, 2017
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Total Equity Funding
$2.39 M (USD)
in 3 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Mar 06, 2017
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Investors
SIDBI Venture Capital
& 40 more
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Employee Count
Employee Count
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Funding Insights of SSP Advantage
SSP Advantage has successfully raised a total of $2.39M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in March 2017. 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 3
- Last Round Seed — $1.8M
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First Round
First Round
(17 Apr 2013)
- Investors Count 41
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Seed - SSP Advantage | Valuation | SIDBI Venture Capital |
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| Jun, 2015 | Amount | Angel Round - SSP Advantage | Valuation | Padma Jalan , Neeraj Goenka | |
| Apr, 2013 | Amount | Angel Round - SSP Advantage | Valuation | Nitesh Damani , Rajesh Sehgal |
| 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 SSP Advantage
SSP Advantage has secured backing from 41 investors, including venture fund and angel investors. Prominent investors backing the company include SIDBI Venture Capital, Padma Jalan and Taha Nabee. 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 management for SMEs and startups in India.
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Founded Year | Domain | Location | |
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PJ
Padma Jalan |
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Founded Year | Domain | Location |
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TN
Taha Nabee |
Angel investor and entrepreneur, co-founder of Snackible, focused on consumer startups
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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 SSP Advantage
| 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 - SSP Advantage
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ssp Advantage Comparisons
Competitors of SSP Advantage
SSP Advantage 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 JustLikeNew, Seva Services, Mobile Solution, iService and Gadget Restore, 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 |
Provides online repair services for smartphones and tablets.
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| domain | founded_year | HQ Location |
Mobile repair services are delivered via an app-based platform.
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| domain | founded_year | HQ Location |
App-based platform for booking mobile device repair services conveniently.
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| domain | founded_year | HQ Location |
Repair services for Apple products are offered by iService.
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| domain | founded_year | HQ Location |
Creates unique, high-quality designed products for gifting and diverse tastes.
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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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Frequently Asked Questions about SSP Advantage
When was SSP Advantage founded?
SSP Advantage was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is SSP Advantage located?
SSP Advantage is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is SSP Advantage a funded company?
SSP Advantage is a funded company, having raised a total of $2.39M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $313.42K, raised on Apr 17, 2013.
What is the annual revenue of SSP Advantage?
Annual revenue of SSP Advantage is $203.71K as on Mar 31, 2017.
What does SSP Advantage do?
Founded in 2012 in Mumbai, India, SSP Advantage operates in the smartphone after-sales sector. Services including doorstep pickup, device diagnostics, repairs, antivirus protection, extended warranties, and insurance coverage are delivered. Integration with partners occurs through a mobile app for service requests and real-time updates. Expansion of professional repair and protection infrastructure is pursued beyond traditional brand service centers to support device longevity.
Who are the top competitors of SSP Advantage?
SSP Advantage's top competitors include Seva Services, JustLikeNew and iService.
Who are SSP Advantage's investors?
SSP Advantage has 41 investors. Key investors include SIDBI Venture Capital, Padma Jalan, Taha Nabee, Neeraj Goenka, and Nayan Parkh.
What is SSP Advantage's valuation?
The valuation of SSP Advantage is $6.56M as of Mar 2017.