About The Sparshatts Group
The Sparshatts Group is a company based in Southampton (United Kingdom) founded in 1997 was acquired by Richmond Motor Group in July 2019.. The company has 56 employees as of May 31, 2020. The Sparshatts Group operates in a competitive market with competitors including Copart, Fiat Chrysler Automobiles, Group1 Automotive, CarGurus and Auto Trader, among others.
- Headquarter Southampton, United Kingdom
- Employees 56 as on 31 May, 2020
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sparshatts Group Limited
- Date of Incorporation 06 Feb, 2019
- Jurisdiction SOUTHAMPTON, ENGLAND
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Annual Revenue
$45.43 M (USD)1as on May 31, 2023
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Net Profit
$24.42 K (USD)-93as on May 31, 2023
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
56
as on May 31, 2020
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Acquired by
Richmond Motor Group
(Jul 01, 2019)
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Funding Insights of The Sparshatts Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 The Sparshatts Group
The Sparshatts Group has secured backing from 1 investor. Prominent investors backing the company include Richmond Motor Group. 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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Dealer of new & used cars
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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 The Sparshatts Group
| 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 - The Sparshatts Group
| 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 |
The Sparshatts Group Comparisons
Competitors of The Sparshatts Group
The Sparshatts Group 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 Copart, Fiat Chrysler Automobiles, Group1 Automotive, CarGurus and Auto Trader, 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 |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Automobiles are manufactured under brands like Fiat, Chrysler, and Jeep.
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| domain | founded_year | HQ Location |
Provider of new & used cars and trucks dealership services
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| domain | founded_year | HQ Location |
Automotive vehicle listings are managed via an app-based platform.
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| domain | founded_year | HQ Location |
Used cars are listed and searched via an online platform.
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| domain | founded_year | HQ Location |
Car dealership, repair, and leasing services are provided.
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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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Latest news on The Sparshatts Group
Frequently Asked Questions about The Sparshatts Group
When was The Sparshatts Group founded?
The Sparshatts Group was founded in 1997.
Where is The Sparshatts Group located?
The Sparshatts Group is headquartered in Southampton, United Kingdom.
Who is the current CEO of The Sparshatts Group?
Devashish Sarkar is the current CEO of The Sparshatts Group.
How many employees does The Sparshatts Group have?
As of May 31, 2020, the latest employee count at The Sparshatts Group is 56.
What is the annual revenue of The Sparshatts Group?
Annual revenue of The Sparshatts Group is $45.43M as on May 31, 2023.
What does The Sparshatts Group do?
The Sparshatts Group was founded in 1997 and is headquartered in Southampton, United Kingdom. An online dealership in the automotive sector is maintained, with used and new cars offered for sale through the domain sparshattsgroup.co.uk. Operations focus on vehicle transactions for UK customers. Leadership is provided by CEO Devashish Sarkar, overseeing daily activities and strategic direction.
Who are the top competitors of The Sparshatts Group?
The Sparshatts Group's top competitors include CarGurus, Copart and Auto Trader.
Who are The Sparshatts Group's investors?
The Sparshatts Group has 1 investor. Key investors include Richmond Motor Group.