About WeHive
WeHive is a company based in Bengaluru (India) founded in 2014. It operates as a C2C. WeHive has raised $2 million across 1 funding round from investors including Flipkart. The company has 1 employees as of March 31, 2021. WeHive operates in a competitive market with competitors including Vishyam, Steel Junction, Opera Deal, Celebrom and Qupiti, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 31 Mar, 2021
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Wehive Technologies Private Limited
- Date of Incorporation 12 Dec, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$121.64 K (USD)-76.32as on Mar 31, 2021
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Net Profit
$-90.45 K (USD)-251.07as on Mar 31, 2021
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EBITDA
$-33.28 K (USD)-133.15as on Mar 31, 2021
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Jan 01, 2016
- Investors
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Employee Count
1
as on Mar 31, 2021
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Funding Insights of WeHive
WeHive has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in January 2016. 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 — $2.0M
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First Round
First Round
(01 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Seed - WeHive | Valuation | Flipkart |
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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 WeHive
WeHive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Flipkart. 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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Multi-category consumer products are offered via an online marketplace 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 WeHive
| 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 - WeHive
| 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 |
Wehive Comparisons
Competitors of WeHive
WeHive 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 Vishyam, Steel Junction, Opera Deal, Celebrom and Qupiti, 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 |
Operates an online auction marketplace for various product categories.
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| domain | founded_year | HQ Location |
An online platform for bidding on a wide range of product auctions.
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| domain | founded_year | HQ Location |
Functions as an auction bidding platform for a variety of product categories.
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| domain | founded_year | HQ Location |
An online auction marketplace for celebrity pre-owned merchandise.
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| domain | founded_year | HQ Location |
An online auction marketplace for multi-category second-hand products.
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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 WeHive
When was WeHive founded?
WeHive was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is WeHive located?
WeHive is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is WeHive a funded company?
WeHive is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Jan 01, 2016.
How many employees does WeHive have?
As of Mar 31, 2021, the latest employee count at WeHive is 1.
What is the annual revenue of WeHive?
Annual revenue of WeHive is $121.64K as on Mar 31, 2021.
What does WeHive do?
WeHive provides an online p2p platform for auctioning second-hand products, focusing on operating online marketplaces, marketplace, second-hand goods, and auctions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of WeHive?
Who are WeHive's investors?
WeHive has 1 investor. Key investors include Flipkart.