About Zimmber
Zimmber is a company based in Mumbai (India) founded in 2014 was acquired by Quikr in May 2017.. Zimmber has raised $7.46 million across 4 funding rounds from investors including Quikr, Omidyar Network and Aarin Capital. The company has 16 employees as of March 31, 2024. Zimmber has completed 2 acquisitions, including Dhulai and FindYahan. Zimmber operates in a competitive market with competitors including Urban Company, OneDios, Gapoon, Lookup and LocalOye, among others.
- Headquarter Mumbai, India
- Employees 16 as on 31 Mar, 2024
- Stage Minicorn
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rejuvenate Solutions Private Limited
- Date of Incorporation 26 Sep, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$189.37 K (USD)-83.89as on Mar 31, 2018
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Net Profit
$-594.77 K (USD)70.29as on Mar 31, 2018
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EBITDA
$-559.33 K (USD)72.34as on Mar 31, 2018
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Total Equity Funding
$7.46 M (USD)
in 4 rounds
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Latest Funding Round
$5 M (USD), Series A
Feb 04, 2016
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Investors
Quikr
& 20 more
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Employee Count
16
as on Mar 31, 2024
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Investments & Acquisitions
Dhulai
& 1 more
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Acquired by
Quikr
(May 05, 2017)
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Funding Insights of Zimmber
Zimmber has successfully raised a total of $7.46M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in February 2016. 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 4
- Last Round Series A — $5.0M
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First Round
First Round
(10 Dec 2014)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Series A - Zimmber | Valuation | Omidyar Network , Chiratae Ventures | |
| Jul, 2015 | Amount | Seed - Zimmber | Valuation | Omidyar Network , Chiratae Ventures | |
| Mar, 2015 | Amount | Angel Round - Zimmber | Valuation | Naveen Tewari |
| 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 Zimmber
Zimmber has secured backing from 21 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Quikr, Omidyar Network and Aarin 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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Investing in technology, digital culture, governance, and business initiatives.
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Founded Year | Domain | Location | |
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Early-stage investment in technology sectors is conducted by Sherpalo Ventures.
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Founded Year | Domain | Location | |
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Venture funding in technology-intensive businesses within healthcare, education, and India-centric markets.
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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 Zimmber
Zimmber has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dhulai and FindYahan. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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On-demand laundry and dry cleaning services are offered in Gurugram.
|
2015 | ||||
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Local services are searched and booked through an online marketplace.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Zimmber
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Zimmber Comparisons
Competitors of Zimmber
Zimmber 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 Urban Company, OneDios, Gapoon, Lookup and LocalOye, 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 |
Customers are connected with vetted professionals for on-demand home services.
|
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| domain | founded_year | HQ Location |
Local services are facilitated through an online marketplace platform.
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| domain | founded_year | HQ Location |
Multiple home services are booked via an online platform.
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| domain | founded_year | HQ Location |
Online marketplace for multiple local services
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for multiple local 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 Zimmber
Frequently Asked Questions about Zimmber
When was Zimmber founded?
Zimmber was founded in 2014.
Where is Zimmber located?
Zimmber is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Zimmber a funded company?
Zimmber is a funded company, having raised a total of $7.46M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $400K, raised on Dec 10, 2014.
How many employees does Zimmber have?
As of Mar 31, 2024, the latest employee count at Zimmber is 16.
What is the annual revenue of Zimmber?
Annual revenue of Zimmber is $189.37K as on Mar 31, 2018.
What does Zimmber do?
Zimmber was founded in 2014 in Mumbai, India, as an online marketplace within the home services sector. Various providers for tasks including painting, cleaning, AC maintenance, electrical work, plumbing, and carpentry are discovered and booked by users through the platform. Online payments are facilitated, and an Android app is available for access. Operations focus on connecting users with local service professionals.
Who are the top competitors of Zimmber?
Zimmber's top competitors include Urban Company, OneDios and Gapoon.
How many acquisitions has Zimmber made?
Who are Zimmber's investors?
Zimmber has 21 investors. Key investors include Quikr, Omidyar Network, Aarin Capital, Sherpalo Ventures, and Chiratae Ventures.
What is Zimmber's valuation?
The valuation of Zimmber is $13.04M as of Feb 2016.