Sulekha

Chennai, India Founded: 2002 • Age: 24 yrs Minicorn
Online lead generation platform for multiple local services

About Sulekha

Sulekha is a Business Services company based in Chennai (India) founded in 2002 by Satya Prabhakar. It operates as an online lead generation platform for multiple local services. Sulekha has raised $44.83 million across 3 funding rounds from investors including Mitsui & Co, Norwest Venture Partners and Gamnat. The company has 482 employees. Sulekha was last valued at $227.68 million in April 2015. Its chief executive is Satya Prabhakar. Its website sulekha.com draws about 2.3 million monthly visits. Its Indian entity Sulekha .Com New Media Private Limited reported revenue of β‚Ή162 Cr. Its focus areas include Consumer, Local Services, Multi Services and Lead Generation. Its competitors include Zillow, Trulia, PropertyGuru, idealist and NoBroker and 4 more; 7 of its 9 listed competitors have raised funding.

Company details

Founded in 2002 in Chennai, India, Sulekha operates as an online marketplace focused on lead generation for local services. Users requirements are listed, and competitive quotes are obtained from verified providers through proprietary matching technology. Categories covered include home maintenance, transport, health and wellness, event vendors, and others. The platform is accessible via iOS and Android apps.

  • Headquarters Chennai, India
  • Employees 482
  • Founders Satya Prabhakar
  • Stage Minicorn
  • Sectors
    Business Services
  • Website category Travel and Tourism
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website sulekha.com
  • Social LinkedIn X Facebook
  • Legal Name Sulekha .Com New Media Private Limited
  • Date of Incorporation 17 Oct, 2002
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹162 Cr

    FY 2025 · 0% YoY

  • Net Loss
    -₹6.05 Cr

    FY 2025 · -4% margin

  • EBITDA
    ₹86.9 Lakh

    FY 2025 · 1% margin

  • Total Equity Funding
    $44.83M (USD)

    in 3 rounds

  • Latest Funding Round
    $28.1M (USD), Series C

    Apr 2015

  • Investors
  • Employee Count
    482

Funding Insights of Sulekha

Sulekha has successfully raised a total of $44.83M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $28.1 million completed in April 2015. 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 $44.83M
  • Total Rounds 3
  • Last Round Series C β€” $28.1M
  • First Round $10M

    (Sep 2006)

  • Investors Count 3

All 3 funding rounds of Sulekha with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2015$28.1MSeries C$227.68M–
Jan 2011$6.73MSeries B$92.79MMitsui
Sep 2006$10MSeries A$β€’β€’β€’β€’β€’Norwest Venture Partners
–
Valuation history
DateValuationStage
Apr 2015$227.68Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2011$92.79Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2006$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $227.68M (Apr 2015). 3 investors in total: 3 institutional.

Investors in Sulekha

Sulekha has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Mitsui & Co, Norwest Venture Partners and Gamnat.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States
Private equity fund focused on multiple sectors
–gamnat.tcc.modeSingapore, Singapore
Traditional conglomerate services are provided across multiple sectors by Mitsui.
1947mitsui.comChiyoda City, Japan
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Board of directors of Sulekha .Com New Media Private Limited (Sulekha)

Sulekha .Com New Media Private Limited is the primary company behind Sulekha. The board of Sulekha .Com New Media Private Limited currently have 4 directors; the longest-serving is Ramamoorthy Parameswaran, appointed in 2002. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramamoorthy Parameswaran
DIN 01600419
Director18 Oct 200223 yrs 11 moSulekha .Com New Media Private Limited
Satya Vankamamidi Prabhakar
DIN 01594491
Managing Director18 Oct 200223 yrs 11 moSulekha .Com New Media Private Limited
Harish Raghavan
DIN 01533877
Director25 Sep 200620 yrsSulekha .Com New Media Private Limited
Ramanujam Varadarajan
DIN 00223292
Alternate Director10 Apr 201511 yrs 6 moSulekha .Com New Media Private Limited

People of Sulekha

34 people are tracked at Sulekha (10 in leadership, 3 in board & advisors, 21 in team); the tracked headcount is 482.

NameRoleGroup
Founder & CEOLeadership
Palanivel Balasubramanian
Sr Director - SMB Online Sales And OperationsLeadership
Gnanaprakasam Babu
Sr Director Sales And Operation At Sulekha.comLeadership
Neha Xavier
Associate Director -contentLeadership
Manikandan As
Associate Director Customer ServiceLeadership
Dinesh.c. Nair
Senior Director MarketingLeadership
Gopi Nagarajan
Associate DirectorLeadership
Hitesh Gupta
Sr. Director - Sales & OperationsLeadership
Krishnan Sankaran
Vice President And Chief Revenue OfficerLeadership
Mohit Sharma
Associate DirectorLeadership
Param Parameswaran
ChairmanBoard & advisors
Board MemberBoard & advisors
Promod Haque
Board MemberBoard & advisors
Shivashankar N
Branch ManagerTeam
Sathish N
Full Stack Software DeveloperTeam
Balasunderraj Balasubramaniam
Manager Ad OperationsTeam
Vijayabhaskar Srinivasan
Assistant Manager Human ResourcesTeam
Lalit Singh
Team LeadTeam
Raju Nageshwar Singh
Deputy Sales ManagerTeam
Srividhya Murali
Talent Acquisition SpecialistTeam

14 more people are available in the full profile.

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Financials of Sulekha

Figures of Sulekha .Com New Media Private Limited, the primary company behind Sulekha, for FY 2025. Revenue was ₹162 Cr (0% year on year). Net loss was -₹6.05 Cr (-4% margin). EBITDA was ₹86.9 Lakh (1% margin). Revenue has grown at a compounded annual rate of +5701% over three years and -4% over five years.

  • ₹162 CrRevenue · FY 2025 · 0% YoY
  • -₹6.05 CrNet loss · -4% margin
  • ₹86.9 LakhEBITDA · 1% margin
  • ₹7.90 CrPaid-up capital
  • 482Employees (provident fund records)
  • +5701%Revenue CAGR, 3 years
  • -4%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sulekha .Com New Media Private Limited are on its company page.

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Timeline of Sulekha

4 dated milestones of Sulekha across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sulekha is founded.
  2. Funding First funding round of $10.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $28.1M.

Competitors of Sulekha

Sulekha has 9 listed competitors in our database, 7 of them funded. They include Zillow, Trulia, PropertyGuru, idealist and NoBroker, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zillow.com2005Seattle, United States$87M4,073
Residential properties are listed and searched through an app-based platform.
trulia.com2005San Francisco, United States$32.8M1,052
Residential real estate search engine
propertygurugroup.com2006Singapore$689.51M–
Real estate properties are discovered via an online portal.
idealista.com2000Madrid, Spain$303.81M–
Online listing platform for buying and selling residential and commercial properties
nobroker.in2013Bengaluru, India$367.74M5,725
Provider of a platform for property rentals, sales, and related services
yandex.com1997Moscow, Russia––
An AI-enabled search engine and related digital services are provided.
zoopla.co.uk2008London, United Kingdom$10.67M456
An online listing platform for residential and commercial properties
loopnet.com1995San Francisco, United States–2
Commercial real estate properties are listed via an online marketplace.
zigbang.com2012Seoul, South Korea$141.91M327
Real estate listings are facilitated through web and mobile platforms.
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Web traffic of Sulekha

The website of Sulekha (sulekha.com) receives about 2.3M visits a month and ranks #26,864 among all websites worldwide, #758 in Travel and Tourism.

  • Monthly visits
    2.3M

    ▲ 13.8% vs previous month

  • Unique visitors
    1.4M

    per month

  • Global rank
    #26,864

    among all websites

  • Category rank
    #758

    Travel and Tourism · Travel and Tourism

Similar websites

Websites whose visitors overlap most with Sulekha. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tripadvisor.in
tripadvisor.in
100%
–#4,062–
irctc.co.in
99%
74.2M#425View details
kayak.com
94%
35.8M#1,115View details
agarwalpackers.com
93%
142.7K#237,712View details
justlanded.com
91%
–#291,956View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Local & Community Services

10 companies that operate in the same segment as Sulekha (Local & Community Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M1,043
App-based pet sitting marketplace
2011Olympia, Washington, United StatesUSD 409.19 M––
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 524.53 M–1,046
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
App based platform to connect users with local service professionals
2008San Francisco, California, United StatesUSD 698.85 M––
Online catering marketplace for enterprises
2007Boston, Massachusetts, United StatesUSD 438.62 M–856
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Operates and franchises fitness clubs
2002–USD 4.49 M–340
Online marketplace that provides home repair & maintenance services
2012New York, New York, United StatesUSD 112.67 M––
Hair coloring kits are provided via an internet-first brand.
2013San Francisco, California, United StatesUSD 248.9 M–247
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Related news about Sulekha

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Frequently Asked Questions about Sulekha

Sulekha was founded in 2002 and raised its 1st funding round 4 years after it was founded.

Sulekha is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Satya Prabhakar is the current CEO of Sulekha. They have also founded this company.

Sulekha is a funded company, having raised a total of $44.83M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Sep 2006.

Sulekha has 482 employees.

The primary company behind Sulekha, Sulekha .Com New Media Private Limited, reported revenue of β‚Ή162 Cr for FY 2025, down 0% year on year.

Founded in 2002 in Chennai, India, Sulekha operates as an online marketplace focused on lead generation for local services. Users requirements are listed, and competitive quotes are obtained from verified providers through proprietary matching technology. Categories covered include home maintenance, transport, health and wellness, event vendors, and others. The platform is accessible via iOS and Android apps.

Sulekha's top competitors include Zillow, PropertyGuru and Trulia.

Sulekha has 3 investors. Key investors include Mitsui & Co, Norwest Venture Partners, and Gamnat.

The valuation of Sulekha is $227.68M as of Apr 2015.

Sulekha operates through Sulekha .Com New Media Private Limited.

The legal entities of Sulekha currently have 4 directors, including Ramanujam Varadarajan, Harish Raghavan, Ramamoorthy Parameswaran and others.

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