About The Helpmate
The Helpmate is a company based in Ghaziabad (India) founded in 2020 by Sarthak Mittal.. The Helpmate has raised $81.8 thousand across 1 funding round from investors including Maven Consulting Services, Investopad and Rohit Kapoor. The company has 1 employees as of April 07, 2024. The Helpmate operates in a competitive market with competitors including BookMyBai, Broomees, MeeHelp, Housmaid and WorkEase, among others.
- Headquarter Ghaziabad, India
- Employees 1 as on 07 Apr, 2024
- Founders Sarthak Mittal
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Helpmeet Services Private Limited
- Date of Incorporation 11 Jul, 2020
- Jurisdiction Ghaziabad, Uttar Pradesh, India
-
Annual Revenue
$20.66 K (USD)464.34as on Mar 31, 2022
-
Net Profit
$430.9 (USD)-10.42as on Mar 31, 2022
-
EBITDA
$1.35 K (USD)42.04as on Mar 31, 2022
-
Total Equity Funding
$81.8 K (USD)
in 1 rounds
-
Latest Funding Round
$81.8 K (USD), Seed
Jun 23, 2022
-
Investors
Maven Consulting Services
& 5 more
-
Employee Count
1
as on Apr 07, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of The Helpmate
The Helpmate has successfully raised a total of $81.8K through 1 strategic funding round. The most recent funding activity was a Seed round of $81.8 thousand completed in June 2022. 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 1
- Last Round Seed — $81,800
-
First Round
First Round
(23 Jun 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - The Helpmate | Valuation | Investopad |
| 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 |
Investors in The Helpmate
The Helpmate has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Maven Consulting Services, Investopad and Rohit Kapoor. 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 |
|---|---|---|---|---|
|
Startups are funded and accelerated by Investopad's venture capital programs.
|
Founded Year | Domain | Location | |
|
Seed to series A startups receive investments from Good Capital.
|
Founded Year | Domain | Location | |
|
Provider of education consulting and career counselling services
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by The Helpmate
| 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 - The Helpmate
| 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 |
The Helpmate Comparisons
Competitors of The Helpmate
The Helpmate 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 BookMyBai, Broomees, MeeHelp, Housmaid and WorkEase, 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 |
Online marketplace for hiring domestic helpers
|
|
| domain | founded_year | HQ Location |
Clients are connected with verified domestic help and care providers.
|
|
| domain | founded_year | HQ Location |
Operates an app-based marketplace connecting users with domestic service providers and helpers.
|
|
| domain | founded_year | HQ Location |
Housemaid services are discovered and booked via an online platform.
|
|
| domain | founded_year | HQ Location |
Offers a platform for hiring local maids on a convenient pay-as-you-go basis.
|
| 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.
|
Frequently Asked Questions about The Helpmate
When was The Helpmate founded?
The Helpmate was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is The Helpmate located?
The Helpmate is headquartered in Ghaziabad, India. It is registered at Ghaziabad, Uttar Pradesh, India.
Who is the current CEO of The Helpmate?
Sarthak Mittal is the current CEO of The Helpmate. They have also founded this company.
Is The Helpmate a funded company?
The Helpmate is a funded company, having raised a total of $81.8K across 1 funding round to date. The company's 1st funding round was a Seed of $81.8K, raised on Jun 23, 2022.
How many employees does The Helpmate have?
As of Apr 07, 2024, the latest employee count at The Helpmate is 1.
What is the annual revenue of The Helpmate?
Annual revenue of The Helpmate is $20.66K as on Mar 31, 2022.
What does The Helpmate do?
The Helpmate was founded in 2020 in Ghaziabad, India, as an online platform in the domestic services sector. House helpers, cooks, chefs, baby care, and related services are facilitated for users. Free replacements are provided for dissatisfaction cases, alongside competitive pricing and a dedicated support system. Operations focus on connecting users with service providers across the region.
Who are the top competitors of The Helpmate?
Who are The Helpmate's investors?
The Helpmate has 6 investors. Key investors include Maven Consulting Services, Investopad, Rohit Kapoor, Varun Aggarwal, and Kashyap Deorah.
What is The Helpmate's valuation?
The valuation of The Helpmate is $472.36K as of Jun 2022.