About ZippMat
ZippMat is a company based in Bengaluru (India) founded in 2021 by Abhijeet Kudva and Nandeesh Hasbi. ZippMat has raised $14.43 million across 5 funding rounds from investors including HDFC Bank, LetsVenture and Beacon Trusteeship. The company has 47 employees as of April 07, 2024. ZippMat operates in a competitive market with competitors including Infra.Market, Holisol, 3SC, ProcureYard and BuilditIndia, among others.
- Headquarter Bengaluru, India
- Employees 47 as on 07 Apr, 2024
- Founders Abhijeet Kudva, Nandeesh Hasbi
- Stage Minicorn
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Sectors
Real Estate & Construction
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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 Zippmat Private Limited
- Date of Incorporation 17 Jul, 2021
- Jurisdiction Andheri East, Maharashtra, India
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Annual Revenue
$1.8 M (USD)0as on Mar 31, 2022
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Net Profit
-$33.36 K (USD)0as on Mar 31, 2022
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EBITDA
-$16.14 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$14.43 M (USD)
in 5 rounds
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Latest Funding Round
$3.11 M (USD), Series A
Mar 04, 2025
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Investors
HDFC Bank
& 43 more
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Employee Count
47
as on Apr 07, 2024
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People of ZippMat
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Funding Insights of ZippMat
ZippMat has successfully raised a total of $14.43M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3.11 million completed in March 2025. 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 ZippMat
ZippMat has secured backing from 44 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include HDFC Bank, LetsVenture and Beacon Trusteeship.
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Diversified asset management and private equity firm focused on small and medium sized enterprises
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Venture capital investment firm
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Venture capital services and investment in startups.
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Investor details for ZippMat
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Investments & Acquisitions by ZippMat
Investment portfolio details for ZippMat
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Financial Statements - ZippMat
Detailed financials for ZippMat
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Zippmat Comparisons
Peer comparison for ZippMat
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Competitors of ZippMat
ZippMat 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 Infra.Market, Holisol, 3SC, ProcureYard and BuilditIndia, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital procurement and supply solutions for construction materials are facilitated.
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End-to-end supply chain, fulfilment, and IT solutions are provided.
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AI-driven supply chain solutions and analytics platforms are provided.
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AI-powered procurement management for construction materials is offered.
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Construction building materials are supplied via an online B2B platform.
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Detailed competitors of ZippMat
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Latest news on Zippmat
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Frequently Asked Questions about ZippMat
ZippMat was founded in 2021 and raised its 1st funding round 1 year after it was founded.
ZippMat is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Abhijeet Kudva is the current CEO of ZippMat. They have also founded this company.
ZippMat is a funded company, having raised a total of $14.43M across 5 funding rounds to date.
As of Apr 07, 2024, the latest employee count at ZippMat is 47.
Annual revenue of ZippMat is $1.8M as on Mar 31, 2022.
ZippMat was founded in 2021 in Bengaluru, India, within the infrastructure and construction sector. Materials such as aggregates, bitumen, steel, and TMT are supplied by the company. Logistics support, tailored financing, and credit options are provided to clients. Partnerships with suppliers and distributors are established to connect them with ongoing projects across the region.
ZippMat's top competitors include Infra.Market, Holisol and ProcureYard.
ZippMat has 44 investors. Key investors include HDFC Bank, LetsVenture, Beacon Trusteeship, TradeCred, and KIFS Trade Capital.
The valuation of ZippMat is $20.01M as of Aug 2024.