About Tijoree
Tijoree is a company based in Mumbai (India) founded in 2020 by Harsh Meswani, Raghav Chaturvedi, and Mokssh Surve.. Tijoree has raised $2.24 million across 2 funding rounds from investors including Manipal Group, Nexus Venture Partners and Gaurav Samdaria. Tijoree operates in a competitive market with competitors including Tide, Open, Chqbook, ZikZuk and Vanghee, among others.
- Headquarter Mumbai, India
- Founders Harsh Meswani, Raghav Chaturvedi, Mokssh Surve
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Tijoree Invest Private Limited
- Date of Incorporation 15 Dec, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.23 K (USD)200170.38as on Mar 31, 2023
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Net Profit
$-274.28 K (USD)-1278944.93as on Mar 31, 2023
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EBITDA
$-212.37 K (USD)-1004313.06as on Mar 31, 2023
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Total Equity Funding
$2.24 M (USD)
in 2 rounds
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Latest Funding Round
$2.24 M (USD), Seed
Oct 18, 2024
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Investors
Manipal Group
& 2 more
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Employee Count
Employee Count
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Funding Insights of Tijoree
Tijoree has successfully raised a total of $2.24M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.24 million completed in October 2024. 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 2
- Last Round Seed — $2.2M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Tijoree | Valuation | Nexus Venture Partners | |
| Mar, 2023 | Amount | Seed - Tijoree | Valuation |
investors |
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| 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 |
Investors in Tijoree
Tijoree has secured backing from 3 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Manipal Group, Nexus Venture Partners and Gaurav Samdaria. 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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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Education, healthcare, insurance, and research services are provided globally.
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Founded Year | Domain | Location | |
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GS
Gaurav Samdaria |
Angel investor, ex-entrepreneur, focused on early-stage Indian startups
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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 Tijoree
| 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 - Tijoree
| 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 |
Tijoree Comparisons
Competitors of Tijoree
Tijoree 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 Tide, Open, Chqbook, ZikZuk and Vanghee, 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 |
Tide is recognized as a digital banking platform for businesses.
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| domain | founded_year | HQ Location |
A platform is operated for streamlining business payments and invoicing.
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| domain | founded_year | HQ Location |
Provider of banking, lending, insurance, and transaction management solutions for small businesses
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| domain | founded_year | HQ Location |
Neobanking and business intelligence platforms are offered to SMEs.
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| domain | founded_year | HQ Location |
Digital bank for businesses
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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 Tijoree
Frequently Asked Questions about Tijoree
When was Tijoree founded?
Tijoree was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Tijoree located?
Tijoree is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Tijoree?
Mokssh Surve is the current CEO of Tijoree. They have also founded this company.
Is Tijoree a funded company?
Tijoree is a funded company, having raised a total of $2.24M across 2 funding rounds to date.
What is the annual revenue of Tijoree?
Annual revenue of Tijoree is $1.23K as on Mar 31, 2023.
What does Tijoree do?
Tijoree was founded in 2020 in Mumbai, India, as an internet-first bank focused on the fintech sector. Digital banking services are offered to businesses through an online platform that includes current accounts, savings, deposits, debit and credit cards, payroll management, fund transfers, payments, and overdraft facilities. Rewards and cashback options are also provided. Two distinct products with varying features are available to users.
Who are Tijoree's investors?
Tijoree has 3 investors. Key investors include Manipal Group, Nexus Venture Partners, and Gaurav Samdaria.