About Voko
Voko is a company based in Gurugram (India) founded in 2016.. Voko has raised $150 thousand across 1 funding round from investors including India Accelerator. Voko offers products and services including Home Appliance Rental, Furniture Rental, IT Infrastructure Rental, and House Party Packages. Voko operates in a competitive market with competitors including Cityfurnish, GuaRented, Voorent, FreQuip and Rentity, among others.
- Headquarter Gurugram, India
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Febaug Technologies Private Limited
- Date of Incorporation 17 Mar, 2016
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$177.16 (USD)-98.93as on Mar 31, 2020
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Net Profit
$-175.09 (USD)96.76as on Mar 31, 2020
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EBITDA
$105.99 (USD)102.18as on Mar 31, 2020
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Nov 14, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of Voko
Voko offers a comprehensive portfolio of products and services, including Home Appliance Rental, Furniture Rental, IT Infrastructure Rental, and House Party Packages. 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.
Short-term rental of appliances like ACs and inverters for home use.
Affordable short-term furniture options for residential needs.
Rental of IT gadgets and equipment for temporary use.
Packages for event rentals including party essentials.
Funding Insights of Voko
Voko has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in November 2017. 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 1
- Last Round Seed — $150,000
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First Round
First Round
(14 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Voko | Valuation | India Accelerator |
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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 Voko
Voko has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include India Accelerator. 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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Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
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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 Voko
| 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 - Voko
| 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 |
Voko Comparisons
Competitors of Voko
Voko 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 Cityfurnish, GuaRented, Voorent, FreQuip and Rentity, 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 |
Multi-category home improvement products are rented via an online platform.
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| domain | founded_year | HQ Location |
Online service provider for rental products
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| domain | founded_year | HQ Location |
Multi-category home improvement products are rented via an online platform.
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| domain | founded_year | HQ Location |
Home furnishings are rented online for minimum six-month terms.
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| domain | founded_year | HQ Location |
Luxury home improvement and electronics products are rented online.
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| domain | founded_year | HQ Location |
Furniture and appliances are rented online in Mumbai.
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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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Latest news on Voko
Frequently Asked Questions about Voko
When was Voko founded?
Voko was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Voko located?
Voko is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Voko a funded company?
Voko is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Nov 14, 2017.
What is the annual revenue of Voko?
Annual revenue of Voko is $177.16 as on Mar 31, 2020.
What does Voko do?
Voko was established in 2016 in Gurugram, India, by alumni from IIT Kharagpur and IIT Delhi. The platform operates in the rental sector, focusing on furniture and home appliances with a minimum three-month commitment and an initial refundable deposit. Future expansion into additional product categories is planned. Services are delivered via the online domain voko.in, serving users in India.
Who are the top competitors of Voko?
Voko's top competitors include Cityfurnish, GuaRented and Voorent.
What products or services does Voko offer?
Voko offers Home Appliance Rental, Furniture Rental, IT Infrastructure Rental, and House Party Packages.
Who are Voko's investors?
Voko has 1 investor. Key investors include India Accelerator.
What is Voko's valuation?
The valuation of Voko is $86.54K as of Nov 2017.