About Sulekha
Sulekha is a company based in Chennai (India) founded in 2002 by Satya Prabhakar. 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 as of March 23, 2024. Sulekha operates in a competitive market with competitors including Zillow, Trulia, PropertyGuru, idealist and NoBroker, among others.
- Headquarter Chennai, India
- Employees 482 as on 23 Mar, 2024
- Founders Satya Prabhakar
- Stage Minicorn
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sulekha .Com New Media Private Limited
- Date of Incorporation 17 Oct, 2002
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$100.43 (USD)-100as on Mar 31, 2022
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Net Profit
-$1.81 (USD)-100as on Mar 31, 2022
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EBITDA
$5.09 (USD)-100as on Mar 31, 2022
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Total Equity Funding
$44.83 M (USD)
in 3 rounds
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Latest Funding Round
$28.1 M (USD), Series C
Apr 10, 2015
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Investors
Mitsui & Co.
& 2 more
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Employee Count
482
as on Mar 23, 2024
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People of Sulekha
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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 Total Funding
- Total Rounds 3
- Last Round Series C — $28.1M
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First Round
First Round
(27 Sep 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Series C - Sulekha | Valuation |
investors |
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| Jan, 2011 | Amount | Series B - Sulekha | Valuation | Mitsui | |
| Sep, 2006 | Amount | Series A - Sulekha | Valuation | Norwest Venture Partners |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Traditional conglomerate services are provided across multiple sectors by Mitsui.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sulekha
Financial Statements - Sulekha
Sulekha Comparisons
Competitors of Sulekha
Sulekha 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 Zillow, Trulia, PropertyGuru, idealist and NoBroker, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Residential properties are listed and searched through an app-based platform.
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| domain | founded_year | HQ Location |
Residential real estate search engine
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| domain | founded_year | HQ Location |
Real estate properties are discovered via an online portal.
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| domain | founded_year | HQ Location |
Online listing platform for buying and selling residential and commercial properties
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| domain | founded_year | HQ Location |
Provider of a platform for property rentals, sales, and related services
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|
| domain | founded_year | HQ Location |
An AI-enabled search engine and related digital services are provided.
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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 27, 2006.
As of Mar 23, 2024, the latest employee count at Sulekha is 482.
Annual revenue of Sulekha is $100.43 as on Mar 31, 2022.
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.