About Xpedeon
Xpedeon is a company based in Mumbai (India) founded in 1994 by Seema Janak Vakharia and Janak Madhusudan Vakharia.. Xpedeon has raised $7.34 million across 1 funding round from investors including Norwest Venture Partners. The company has 67 employees as of April 03, 2024. Xpedeon offers products and services including Application Suite, Sourcing Procurement, Inventory Warehouse Management, Contract Management, and Project Control. Xpedeon operates in a competitive market with competitors including Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
- Headquarter Mumbai, India
- Employees 67 as on 03 Apr, 2024
- Founders Seema Janak Vakharia, Janak Madhusudan Vakharia
- Stage Minicorn
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Sectors
TechnologyReal Estate & Construction
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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 Algorithms Software Pvt. Ltd.
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.6 M (USD)104152.98as on Mar 31, 2023
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Net Profit
$344.35 K (USD)67491.25as on Mar 31, 2023
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EBITDA
$498.11 K (USD)54547.63as on Mar 31, 2023
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Total Equity Funding
$7.34 M (USD)
in 1 rounds
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Latest Funding Round
$7.34 M (USD), Unspecified
Nov 29, 2022
- Investors
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Employee Count
67
as on Apr 03, 2024
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Products & Services of Xpedeon
Xpedeon offers a comprehensive portfolio of products and services, including Application Suite, Sourcing Procurement, Inventory Warehouse Management, Contract Management, and Project Control. 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 platform for construction processes and data management.
Tools for sourcing and managing construction supplies efficiently.
Software for tracking and optimizing warehouse operations in construction.
System for handling contracts and subcontracting in projects.
Features for budgeting, costing, and monitoring construction projects.
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Funding Insights of Xpedeon
Xpedeon has successfully raised a total of $7.34M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $7.34 million completed in November 2022. 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 Unspecified — $7.3M
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First Round
First Round
(29 Nov 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2022 | Amount | Unspecified - Xpedeon | Valuation | Norwest Venture Partners |
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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 Xpedeon
Xpedeon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Norwest Venture 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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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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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 Xpedeon
| 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 - Xpedeon
| 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 |
Xpedeon Comparisons
Competitors of Xpedeon
Xpedeon 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 Workday, Kronos, SuccessFactors, Justworks and Sage Group, 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 |
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| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Cloud-based human capital management software is delivered globally.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based supply chain and retail solutions are provided.
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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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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 Xpedeon
Frequently Asked Questions about Xpedeon
When was Xpedeon founded?
Xpedeon was founded in 1994 and raised its 1st funding round 28 years after it was founded.
Where is Xpedeon located?
Xpedeon is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Xpedeon?
Janak Madhusudan Vakharia is the current CEO of Xpedeon. They have also founded this company.
Is Xpedeon a funded company?
Xpedeon is a funded company, having raised a total of $7.34M across 1 funding round to date. The company's 1st funding round was a Unspecified of $7.34M, raised on Nov 29, 2022.
How many employees does Xpedeon have?
As of Apr 03, 2024, the latest employee count at Xpedeon is 67.
What is the annual revenue of Xpedeon?
Annual revenue of Xpedeon is $2.6M as on Mar 31, 2023.
What does Xpedeon do?
Founded in 1994 and headquartered in Mumbai, India, Xpedeon operates as a provider of SaaS-based ERP solutions tailored to the engineering and construction industries. Services encompass contract management, subcontracting, budgeting, job costing, financial accounting, CRM, and sales progression. These offerings support contractors, property developers, and engineers in managing operations efficiently.
Who are the top competitors of Xpedeon?
Xpedeon's top competitors include Workday, SuccessFactors and Sage Group.
What products or services does Xpedeon offer?
Xpedeon offers Application Suite, Sourcing Procurement, Inventory Warehouse Management, Contract Management, and Project Control.
Who are Xpedeon's investors?
Xpedeon has 1 investor. Key investors include Norwest Venture Partners.
What is Xpedeon's valuation?
The valuation of Xpedeon is $23.54M as of Nov 2022.
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