About Townyapp
Townyapp is a company based in Tirupati (India) founded in 2015 by Suresh Avvaru was acquired by VDeliver in November 2017. It operates as a B2C. Townyapp operates in a competitive market with competitors including DoneThing, Zuperfast, HelloGenie, Russsh and Biz Angel, among others.
- Headquarter Tirupati, India
- Founders Suresh Avvaru
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Townyapp
| 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 Townyapp
Townyapp has secured backing from 1 investor. Prominent investors backing the company include VDeliver. 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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Hyperlocal on-demand delivery services are facilitated via web platform.
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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 Townyapp
| 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 - Townyapp
| 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 |
Townyapp Comparisons
Competitors of Townyapp
Townyapp 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 DoneThing, Zuperfast, HelloGenie, Russsh and Biz Angel, 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 |
On-demand chat-based concierge service
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| domain | founded_year | HQ Location |
Delivers concierge-based services for efficient package delivery.
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| domain | founded_year | HQ Location |
Offers concierge services accessible via SMS, Twitter, and WhatsApp.
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| domain | founded_year | HQ Location |
Online platform to book people for household errands
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| domain | founded_year | HQ Location |
Delivers concierge and personal assistant services to individuals.
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| domain | founded_year | HQ Location |
Offers an app-based concierge service for personalized assistance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Townyapp
When was Townyapp founded?
Townyapp was founded in 2015.
Where is Townyapp located?
Townyapp is headquartered in Tirupati, India. It is registered at Tirupati, Andhra Pradesh, India.
What does Townyapp do?
Townyapp operates with a B2C model, focusing on leveraging cutting-edge technology, developing user-friendly mobile apps, personal assistants, and ai services. A mobile app providing personal assistant services for everyday tasks. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Townyapp?
Townyapp's top competitors include DoneThing, HelloGenie and Russsh.
Who are Townyapp's investors?
Townyapp has 1 investor. Key investors include VDeliver.
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