About Valetdesk
Valetdesk is a company based in Hyderabad (India) founded in 2021 by Prithvinath Pala, Savith Kumar Bacha, and Nihar Potlapally.. Valetdesk has raised $78.36 thousand across 2 funding rounds from investors including unknown. The company has 1 employees as of April 06, 2024. Valetdesk offers products and services including Valet Management Software, Tech Enabled Ticketing, App-Less Payments, Real Time Vehicle Tracking, and Parking Lot Management. Valetdesk operates in a competitive market with competitors including Elimiwait Parking, 9techies, Insight Valet, ElimiWait and Parking Base, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 06 Apr, 2024
- Founders Prithvinath Pala, Savith Kumar Bacha, Nihar Potlapally
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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
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- Legal Name Infoguild Technologies Private Limited
- Date of Incorporation 17 Sep, 2021
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-1.87 K (USD)-516.86as on Mar 31, 2023
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EBITDA
$-1.75 K (USD)-855.54as on Mar 31, 2023
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Total Equity Funding
$78.36 K (USD)
in 2 rounds
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Latest Funding Round
$47.94 K (USD), Angel Round
Apr 22, 2024
- Investors
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Employee Count
1
as on Apr 06, 2024
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Products & Services of Valetdesk
Valetdesk offers a comprehensive portfolio of products and services, including Valet Management Software, Tech Enabled Ticketing, App-Less Payments, Real Time Vehicle Tracking, and Parking Lot Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comprehensive system for orchestrating valet operations efficiently.
Streamlines entry and exit processes for parking facilities.
Facilitates easy, secure payments for parking fees.
Monitors vehicle locations to enhance security and convenience.
Optimizes traffic flow and space in parking areas.
Funding Insights of Valetdesk
Valetdesk has successfully raised a total of $78.36K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $47.94 thousand completed in April 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 Angel Round — $47,943
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First Round
First Round
(20 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Angel Round - Valetdesk | Valuation |
investors |
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| Apr, 2023 | Amount | Seed - Valetdesk | Valuation | unknown |
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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 Valetdesk
Valetdesk has secured backing from 1 investor. Prominent investors backing the company include unknown. 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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| 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 Valetdesk
| 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 - Valetdesk
| 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 |
Valetdesk Comparisons
Competitors of Valetdesk
Valetdesk 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 Elimiwait Parking, 9techies, Insight Valet, ElimiWait and Parking Base, 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 |
Valet parking management solutions are provided to parking operators.
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| domain | founded_year | HQ Location |
Offers software for paperless valet parking to optimize operations and reduce waiting times.
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| domain | founded_year | HQ Location |
Delivers a SaaS platform for valet parking and management solutions in hotels.
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| domain | founded_year | HQ Location |
Operations management solutions are delivered for valet parking operators.
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| domain | founded_year | HQ Location |
Cloud-based platform for managing parking operations, integrations, and reporting services.
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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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Frequently Asked Questions about Valetdesk
When was Valetdesk founded?
Valetdesk was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Valetdesk located?
Valetdesk is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Valetdesk?
Prithvinath Pala is the current CEO of Valetdesk. They have also founded this company.
Is Valetdesk a funded company?
Valetdesk is a funded company, having raised a total of $78.36K across 2 funding rounds to date. The company's 1st funding round was a Seed of $30.41K, raised on Apr 20, 2023.
How many employees does Valetdesk have?
As of Apr 06, 2024, the latest employee count at Valetdesk is 1.
What does Valetdesk do?
Valetdesk was founded in 2021 in Hyderabad, India, as a provider of SaaS-based platforms for valet parking operators. Tools for analytics, operations management, remote vehicle calls, parking history tracking, and payment processing are included. Services are extended to hotels, clubs, business offices, and parking facilities across various sectors, supporting efficient workflow integration and data-driven decisions.
Who are the top competitors of Valetdesk?
Valetdesk's top competitors include Elimiwait Parking, ElimiWait and 9techies.
What products or services does Valetdesk offer?
Valetdesk offers Valet Management Software, Tech Enabled Ticketing, App-Less Payments, Real Time Vehicle Tracking, and Parking Lot Management.
Who are Valetdesk's investors?
Valetdesk has 1 investor. Key investors include unknown.
What is Valetdesk's valuation?
The valuation of Valetdesk is $677.66K as of Apr 2024.