About Tender 247
Tender 247 is a company based in Ahmedabad (India) founded in 2014. Tender 247 has raised $12.5 thousand across 1 funding round from investors including Parin Desai, Nikunj Patel and Hardik Patel. The company has 178 employees as of March 22, 2024. Tender 247 offers products and services including Tender Search, Bid Management System, and Competitor Analytics. Tender 247 operates in a competitive market with competitors including Craft, Beroe, Govini, Onvia and Matchory, among others.
- Headquarter Ahmedabad, India
- Employees 178 as on 22 Mar, 2024
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
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- Legal Name I-Sourcing Technologies Private Limited
- Date of Incorporation 26 Aug, 2014
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$3.04 M (USD)27.12as on Mar 31, 2023
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Net Profit
$120.44 K (USD)5.57as on Mar 31, 2023
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EBITDA
$374.94 K (USD)31.48as on Mar 31, 2023
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Total Equity Funding
$12.5 K (USD)
in 1 rounds
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Latest Funding Round
$12.5 K (USD), Angel Round
Jul 12, 2016
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Investors
& 4 more
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Employee Count
178
as on Mar 22, 2024
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Products & Services of Tender 247
Tender 247 offers a comprehensive portfolio of products and services, including Tender Search, Bid Management System, and Competitor Analytics.
Platform for searching government and global tenders efficiently
Tool for preparing, submitting, and tracking bids
Service for analyzing competitors in tender processes
Funding Insights of Tender 247
Tender 247 has successfully raised a total of $12.5K through 1 strategic funding round. The most recent funding activity was a Angel Round of $12.5 thousand completed in July 2016. 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.
Investors in Tender 247
Tender 247 has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Parin Desai, Nikunj Patel and Hardik Patel.
| Investor | Description | Founded Year | Domain | Location |
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PD
Parin Desai |
Angel investor and tech entrepreneur, focused on early-stage Indian startups
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NP
Nikunj Patel |
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HP
Hardik Patel |
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Investor details for Tender 247
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Investments & Acquisitions by Tender 247
Investment portfolio details for Tender 247
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Financial Statements - Tender 247
Detailed financials for Tender 247
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Tender 247 Comparisons
Peer comparison for Tender 247
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- Named peers
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Competitors of Tender 247
Tender 247 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 Craft, Beroe, Govini, Onvia and Matchory, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Craft is recognized for providing supply chain resilience solutions.
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Procurement insights and supplier ratings are delivered across industries.
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BI for government contractors
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Procurement management and bid notification solutions
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Suppliers are identified via AI-driven data search platform.
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Cloud based repository of government purchase data
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Detailed competitors of Tender 247
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Tender 247
Complete news archive for Tender 247
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Frequently Asked Questions about Tender 247
Tender 247 was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Tender 247 is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Tender 247 is a funded company, having raised a total of $12.5K across 1 funding round to date.
As of Mar 22, 2024, the latest employee count at Tender 247 is 178.
Annual revenue of Tender 247 is $3.04M as on Mar 31, 2023.
Tender 247 was established in 2014 in Ahmedabad, India, as an online platform for tender management. Operations are centered on aggregating tender information and facilitating bidding processes for government and private sectors. Services include notifications, document access, and supplier connections, primarily within the Indian market. The platform supports procurement efficiency across industries such as construction, IT, and manufacturing.
Tender 247 offers Tender Search, Bid Management System, and Competitor Analytics.
Tender 247 has 5 investors. Key investors include Parin Desai, Nikunj Patel, Hardik Patel, Dharmesh Patel, and Tejandra Barot.
The valuation of Tender 247 is $101.85K as of Jul 2016.