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
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- 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.
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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Duane Ventures is engaged in startup investment activities.
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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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Private equity investments in Indian SMEs focusing on consumption opportunities and growth capital provision.
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Investor details for Yaantra
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Yaantra
Investment portfolio details for Yaantra
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Financial Statements - Yaantra
Detailed financials for Yaantra
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Yaantra Comparisons
Peer comparison for Yaantra
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Second-hand mobiles and accessories are retailed online.
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Pre-owned smartphones are bought back online via condition-based quoting.
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Online second-hand platform offering refurbished mobile phones
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Refurbished premium smartphones are offered via an online platform.
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Online platform connecting users for secure transactions of second-hand mobile phones.
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Detailed competitors of Yaantra
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Latest news on Yaantra
Complete news archive for Yaantra
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Frequently Asked Questions about Yaantra
Yaantra was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Yaantra is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Yaantra is a funded company, having raised a total of $16.8M across 7 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Yaantra is 258.
Annual revenue of Yaantra is $16.58M as on Mar 31, 2022.
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.
Yaantra's top competitors include InstaCash, Grest and MobiGarage.
Yaantra offers Phone Selling Service, Device Repair Service, and Business Partnership Program.
Yaantra has 36 investors. Key investors include Flipkart, Sara Group, Anicut Capital, Carpediem Capital Partners, and Dominor.
The valuation of Yaantra is $44.51M as of Oct 2020.