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
*********
- 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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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $3.1M
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First Round
First Round
(16 Feb 2022)
- Investors Count 44
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - ZippMat | Valuation | Zephyr Peacock | |
| Aug, 2024 | Amount | Angel Round - ZippMat | Valuation | Vikas Ranganath , Gautam Vijay Duggad | |
| Sep, 2022 | Amount | Seed - ZippMat | Valuation | Z47 |
| 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 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. 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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Diversified asset management and private equity firm focused on small and medium sized enterprises
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Venture capital services and investment in startups.
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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 ZippMat
| 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 - ZippMat
| 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 |
Zippmat Comparisons
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. 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 |
Digital procurement and supply solutions for construction materials are facilitated.
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| domain | founded_year | HQ Location |
End-to-end supply chain, fulfilment, and IT solutions are provided.
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| domain | founded_year | HQ Location |
AI-driven supply chain solutions and analytics platforms are provided.
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| domain | founded_year | HQ Location |
AI-powered procurement management for construction materials is offered.
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| domain | founded_year | HQ Location |
Construction building materials are supplied via an online B2B platform.
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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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Frequently Asked Questions about ZippMat
When was ZippMat founded?
ZippMat was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is ZippMat located?
ZippMat is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ZippMat?
Abhijeet Kudva is the current CEO of ZippMat. They have also founded this company.
Is ZippMat a funded company?
ZippMat is a funded company, having raised a total of $14.43M across 5 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Feb 16, 2022.
How many employees does ZippMat have?
As of Apr 07, 2024, the latest employee count at ZippMat is 47.
What is the annual revenue of ZippMat?
Annual revenue of ZippMat is $1.8M as on Mar 31, 2022.
What does ZippMat do?
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.
Who are the top competitors of ZippMat?
ZippMat's top competitors include Infra.Market, Holisol and ProcureYard.
Who are ZippMat's investors?
ZippMat has 44 investors. Key investors include HDFC Bank, LetsVenture, Beacon Trusteeship, TradeCred, and KIFS Trade Capital.
What is ZippMat's valuation?
The valuation of ZippMat is $20.01M as of Aug 2024.
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