About Yethi
Yethi is a company based in Bengaluru (India) founded in 2013.. Yethi has raised $5.3 million across 3 funding rounds from investors including Baring Private Equity Partners, Manoharan B and Gayathri Parthasarathy. The company has 975 employees as of April 01, 2024. Yethi operates in a competitive market with competitors including Sauce Labs, Headspin, Tricentis, Spirent and BrowserStack, among others.
- Headquarter Bengaluru, India
- Employees 975 as on 01 Apr, 2024
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Yethi Consulting Private Limited
- Date of Incorporation 03 May, 2013
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$11.67 M (USD)71.45as on Mar 31, 2023
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Net Profit
$575.76 K (USD)-10.14as on Mar 31, 2023
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EBITDA
$1.22 M (USD)-2.97as on Mar 31, 2023
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Total Equity Funding
$5.3 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Baring Private Equity Partners
& 2 more
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Employee Count
975
as on Apr 01, 2024
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Funding Insights of Yethi
Yethi has successfully raised a total of $5.3M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(25 Jul 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - Yethi | Valuation | Baring Private Equity Partners |
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| Sep, 2022 | Amount | Series A - Yethi | Valuation | Baring Private Equity Partners |
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| Jul, 2022 | Amount | Angel Round - Yethi | Valuation | Manoharan B |
| 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 Yethi
Yethi has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Baring Private Equity Partners, Manoharan B and Gayathri Parthasarathy. 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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Private equity firm focusing on buyouts and investments in multiple sectors
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Founded Year | Domain | Location | |
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MB
Manoharan B |
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|
Founded Year | Domain | Location |
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GP
Gayathri Parthasarathy |
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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.
|
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 Yethi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - Yethi
| 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 |
Yethi Comparisons
Competitors of Yethi
Yethi 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 Sauce Labs, Headspin, Tricentis, Spirent and BrowserStack, 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 |
Cloud based cross browser testing solutions provider
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| domain | founded_year | HQ Location |
Cloud-based IT experience and continuous testing solutions are offered.
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| domain | founded_year | HQ Location |
AI powered software testing suite
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| domain | founded_year | HQ Location |
Provider of automated testing and assurance solutions for networks, security, and positioning
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| domain | founded_year | HQ Location |
Cloud based suite of software testing solutions
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| domain | founded_year | HQ Location |
AI-powered test automation platform for enterprise resource planning is provided.
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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 Yethi
Frequently Asked Questions about Yethi
When was Yethi founded?
Yethi was founded in 2013 and raised its 1st funding round 9 years after it was founded.
Where is Yethi located?
Yethi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Yethi?
Srirang Srikantha is the current CEO of Yethi.
Is Yethi a funded company?
Yethi is a funded company, having raised a total of $5.3M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $281.23K, raised on Jul 25, 2022.
How many employees does Yethi have?
As of Apr 01, 2024, the latest employee count at Yethi is 975.
What is the annual revenue of Yethi?
Annual revenue of Yethi is $11.67M as on Mar 31, 2023.
What does Yethi do?
Yethi was founded in 2013 in Bengaluru, India, as a software solutions firm focused on the banking and financial services industries. Quality assurance and testing automation platforms and services are delivered to support transaction modernization. Solutions encompass payment processing, assurance testing, and automation tools, with operations centered in India to address sector-specific needs in financial operations.
Who are the top competitors of Yethi?
Yethi's top competitors include BrowserStack, LambdaTest and Headspin.
Who are Yethi's investors?
Yethi has 3 investors. Key investors include Baring Private Equity Partners, Manoharan B, and Gayathri Parthasarathy.
What is Yethi's valuation?
The valuation of Yethi is $26.73M as of Sep 2022.