About Yaantra
Yaantra is a company based in Noida (India) founded in 2013 was acquired by Flipkart in January 2022.. Yaantra has raised $16.8 million across 7 funding rounds from investors including Flipkart, Sara Group and Anicut Capital. The company has 258 employees as of April 05, 2024. Yaantra offers products and services including Phone Selling Service, Device Repair Service, and Business Partnership Program. Yaantra operates in a competitive market with competitors including ControlZ, InstaCash, MobiGarage, Grest and ORUphones, among others.
- Headquarter Noida, India
- Employees 258 as on 05 Apr, 2024
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gadgetwood Eservices Private Limited
- Date of Incorporation 10 Apr, 2013
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$16.58 M (USD)22.04as on Mar 31, 2022
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Net Profit
$-4.51 M (USD)-233.66as on Mar 31, 2022
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EBITDA
$-3.07 M (USD)-516.16as on Mar 31, 2022
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Total Equity Funding
$16.8 M (USD)
in 7 rounds
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Latest Funding Round
$790.89 K (USD), Series A
Oct 15, 2020
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Investors
Flipkart
& 35 more
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Employee Count
258
as on Apr 05, 2024
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Acquired by
Flipkart
(Jan 13, 2022)
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Products & Services of Yaantra
Yaantra offers a comprehensive portfolio of products and services, including Phone Selling Service, Device Repair Service, and Business Partnership Program. 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.
Enables users to sell old phones and receive instant cash payments.
Provides repairs with genuine spares and doorstep pickup options.
Allows businesses to buy stocks and manage devices through dedicated tools.
Funding Insights of Yaantra
Yaantra has successfully raised a total of $16.8M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $790.89 thousand completed in October 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 7
- Last Round Series A — $790,894
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First Round
First Round
(06 Oct 2014)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - Yaantra | Valuation |
investors |
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| Dec, 2019 | Amount | Series A - Yaantra | Valuation | Duane Park |
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| Sep, 2018 | Amount | Debt – Venture - Yaantra | Valuation |
investors |
| 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 Yaantra
Yaantra has secured backing from 36 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flipkart, Sara Group and Anicut Capital. 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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Duane Ventures is engaged in startup investment activities.
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Founded Year | Domain | Location | |
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Founded Year | Domain | Location | |
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Private equity investments in Indian SMEs focusing on consumption opportunities and growth capital provision.
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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 Yaantra
| 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 - Yaantra
| 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 |
Yaantra Comparisons
Competitors of Yaantra
Yaantra 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 ControlZ, InstaCash, MobiGarage, Grest and ORUphones, 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 |
Second-hand mobiles and accessories are retailed online.
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| domain | founded_year | HQ Location |
Pre-owned smartphones are bought back online via condition-based quoting.
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| domain | founded_year | HQ Location |
Online second-hand platform offering refurbished mobile phones
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| domain | founded_year | HQ Location |
Refurbished premium smartphones are offered via an online platform.
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| domain | founded_year | HQ Location |
Online platform connecting users for secure transactions of second-hand mobile phones.
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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 Yaantra
Frequently Asked Questions about Yaantra
When was Yaantra founded?
Yaantra was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Yaantra located?
Yaantra is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Yaantra a funded company?
Yaantra is a funded company, having raised a total of $16.8M across 7 funding rounds to date. The company's 1st funding round was a Debt – Venture of $2.07M, raised on Oct 06, 2014.
How many employees does Yaantra have?
As of Apr 05, 2024, the latest employee count at Yaantra is 258.
What is the annual revenue of Yaantra?
Annual revenue of Yaantra is $16.58M as on Mar 31, 2022.
What does Yaantra do?
Yaantra was founded in 2013 in Noida, India, as an e-commerce platform specializing in second-hand electronics. Multi-category used smartphones and accessories from various brands are traded via the site. Users are enabled to list and sell their pre-owned devices, while refurbished smartphones are supplied for purchase. Operations focus on facilitating these transactions in the consumer electronics resale sector.
Who are the top competitors of Yaantra?
Yaantra's top competitors include InstaCash, Grest and MobiGarage.
What products or services does Yaantra offer?
Yaantra offers Phone Selling Service, Device Repair Service, and Business Partnership Program.
Who are Yaantra's investors?
Yaantra has 36 investors. Key investors include Flipkart, Sara Group, Anicut Capital, Carpediem Capital Partners, and Dominor.
What is Yaantra's valuation?
The valuation of Yaantra is $44.51M as of Oct 2020.