About Xpheno
Xpheno is a company based in Bengaluru (India) founded in 2016 by Anil Ethanur and Kamal Karanth.. Xpheno has raised $949.33 thousand across 2 funding rounds from investors including Devaki Kedilaya, Sabyasachi Dash and Sujay Shetty. The company has 3,868 employees as of April 04, 2024. Xpheno offers products and services including IT Staffing, Engineering Staffing, Sales Staffing, Direct Hiring, and Executive Search. Xpheno operates in a competitive market with competitors including TeamLease, Able Jobs, Randstad India, NetAmbit and V5 Global, among others.
- Headquarter Bengaluru, India
- Employees 3868 as on 04 Apr, 2024
- Founders Anil Ethanur, Kamal Karanth
- Stage Minicorn
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Xpheno Private Limited
- Date of Incorporation 02 Dec, 2016
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$17.62 M (USD)80.97as on Mar 31, 2023
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Net Profit
$677.77 K (USD)4.07as on Mar 31, 2023
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EBITDA
$726.28 K (USD)-4.17as on Mar 31, 2023
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Total Equity Funding
$949.33 K (USD)
in 2 rounds
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Latest Funding Round
$531.65 K (USD), Angel Round
Mar 31, 2020
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Investors
& 7 more
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Employee Count
3868
as on Apr 04, 2024
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Products & Services of Xpheno
Xpheno offers a comprehensive portfolio of products and services, including IT Staffing, Engineering Staffing, Sales Staffing, Direct Hiring, and Executive Search. 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.
Service for recruiting IT professionals to meet business needs.
Recruitment of engineering talent for technical projects.
Hiring sales personnel for organizational roles.
Direct placement of candidates in IT and functional positions.
Search for senior executives in various sectors.
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Funding Insights of Xpheno
Xpheno has successfully raised a total of $949.33K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $531.65 thousand completed in March 2020. 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 — $531,652
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First Round
First Round
(04 Jun 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Angel Round - Xpheno | Valuation | Rama Mohan Rao , Arvind Mahajan | |
| Jun, 2018 | Amount | Angel Round - Xpheno | Valuation | Devaki Kedilaya , Sabyasachi Dash |
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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 Xpheno
Xpheno has secured backing from 8 investors, including angel investors. Prominent investors backing the company include Devaki Kedilaya, Sabyasachi Dash and Sujay Shetty. 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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DK
Devaki Kedilaya |
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Founded Year | Domain | Location |
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SD
Sabyasachi Dash |
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Founded Year | Domain | Location |
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SS
Sujay Shetty |
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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 Xpheno
| 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 - Xpheno
| 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 |
Xpheno Comparisons
Competitors of Xpheno
Xpheno 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 TeamLease, Able Jobs, Randstad India, NetAmbit and V5 Global, 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 |
Staffing and recruiting services connect employers with job candidates.
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| domain | founded_year | HQ Location |
Online candidate assistance is provided through tools and training platforms.
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| domain | founded_year | HQ Location |
Recruitment process outsourcing services are provided to clients.
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| domain | founded_year | HQ Location |
Sales, recruitment, payroll, and learning management services are provided.
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| domain | founded_year | HQ Location |
Provider of recruitment and staffing 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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Latest news on Xpheno
Frequently Asked Questions about Xpheno
When was Xpheno founded?
Xpheno was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Xpheno located?
Xpheno is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Xpheno a funded company?
Xpheno is a funded company, having raised a total of $949.33K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $417.67K, raised on Jun 04, 2018.
How many employees does Xpheno have?
As of Apr 04, 2024, the latest employee count at Xpheno is 3,868.
What is the annual revenue of Xpheno?
Annual revenue of Xpheno is $17.62M as on Mar 31, 2023.
What does Xpheno do?
Xpheno was established in 2016 and is headquartered in Bengaluru, India. Services in recruitment and technology consulting are delivered, emphasizing IT staffing, engineering support, sales staffing, and direct hire placements. Operations target the technology and professional services sectors, supporting client needs in engineering and sales roles across various industries.
Who are the top competitors of Xpheno?
What products or services does Xpheno offer?
Xpheno offers IT Staffing, Engineering Staffing, Sales Staffing, Direct Hiring, and Executive Search.
Who are Xpheno's investors?
Xpheno has 8 investors. Key investors include Devaki Kedilaya, Sabyasachi Dash, Sujay Shetty, Sudhakar Shetty, and Sumitha Shetty.
What is Xpheno's valuation?
The valuation of Xpheno is $5.82M as of Mar 2020.
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