About Ugaoo
Ugaoo is a company based in Pune (India) founded in 2015 by Saurabh Sameer and Siddhant Bhalinge.. Ugaoo has raised $8.95 million across 5 funding rounds from investors including Cropnosys India, Alteria Capital and DSG Consumer Partners. The company has 53 employees as of March 30, 2024. Ugaoo operates in a competitive market with competitors including Kyari, Trust Basket, Greenkin, Nuvedo and Nurturing Green, among others.
- Headquarter Pune, India
- Employees 53 as on 30 Mar, 2024
- Founders Saurabh Sameer, Siddhant Bhalinge
- Stage Minicorn
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Sectors
AgricultureConsumer
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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 Ugaoo Agritech Private Limited
- Date of Incorporation 26 Mar, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.9 M (USD)3.54as on Mar 31, 2023
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Net Profit
$-843.18 K (USD)-43.79as on Mar 31, 2023
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EBITDA
$-727.23 K (USD)-84.77as on Mar 31, 2023
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Total Equity Funding
$8.95 M (USD)
in 5 rounds
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Latest Funding Round
$5.6 M (USD), Series A
Oct 09, 2024
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Investors
Cropnosys India
& 6 more
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Employee Count
53
as on Mar 30, 2024
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Funding Insights of Ugaoo
Ugaoo has successfully raised a total of $8.95M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.6 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 5
- Last Round Series A — $5.6M
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First Round
First Round
(21 Sep 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - Ugaoo | Valuation | V3 Ventures , Verlinvest | |
| Apr, 2023 | Amount | Seed - Ugaoo | Valuation | Cropnosys India |
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| Jun, 2022 | Amount | Seed - Ugaoo | Valuation | Alteria Capital |
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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 Ugaoo
Ugaoo has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Cropnosys India, Alteria Capital and DSG Consumer Partners. 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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Investing in and supporting insurgent consumer brands in India and Southeast Asia.
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Founded Year | Domain | Location | |
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RPG Ventures is focused on incubating and investing in new businesses.
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Founded Year | Domain | Location | |
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Investments are directed by V3 Ventures toward early-stage consumer 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 Ugaoo
| 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 - Ugaoo
| 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 |
Ugaoo Comparisons
Competitors of Ugaoo
Ugaoo 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 Kyari, Trust Basket, Greenkin, Nuvedo and Nurturing Green, 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 |
Indoor plants, planters, and plant care solutions are provided.
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| domain | founded_year | HQ Location |
Gardening supplies and equipment are sold online by Trust Basket.
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| domain | founded_year | HQ Location |
Ornamental plants and accessories are offered via an online platform.
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| domain | founded_year | HQ Location |
Internet first brand of mushroom growing kit
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| domain | founded_year | HQ Location |
Online retail store offering organic plants
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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 Ugaoo
Frequently Asked Questions about Ugaoo
When was Ugaoo founded?
Ugaoo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Ugaoo located?
Ugaoo is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Ugaoo?
Siddhant Bhalinge is the current CEO of Ugaoo. They have also founded this company.
Is Ugaoo a funded company?
Ugaoo is a funded company, having raised a total of $8.95M across 5 funding rounds to date. The company's 1st funding round was a Seed of $32K, raised on Sep 21, 2016.
How many employees does Ugaoo have?
As of Mar 30, 2024, the latest employee count at Ugaoo is 53.
What is the annual revenue of Ugaoo?
Annual revenue of Ugaoo is $2.9M as on Mar 31, 2023.
What does Ugaoo do?
Ugaoo was founded in 2015 in Pune, India, as an online platform in the gardening sector. Indoor and outdoor plants, seeds, and various gardening supplies are provided to urban residents and farmers. Educational resources, including blogs and social media content, are shared to assist customers in gardening decisions. Operations focus on e-commerce delivery within India.
Who are the top competitors of Ugaoo?
Ugaoo's top competitors include Trust Basket, Kyari and Greenkin.
Who are Ugaoo's investors?
Ugaoo has 7 investors. Key investors include Cropnosys India, Alteria Capital, DSG Consumer Partners, RPG Ventures, and V3 Ventures.
What is Ugaoo's valuation?
The valuation of Ugaoo is $35.75M as of Oct 2024.