About Zolvit
Zolvit is a company based in Chennai (India) founded in 2011 by Hrishikesh Datar.. Zolvit has raised $15.36 million across 8 funding rounds from investors including Money Forward, InCorp Global and InCorp Advisory. The company has 3 employees as of January 06, 2025. Zolvit offers products and services including Company Registration, Trademark Registration, ITR Filing, and FSSAI Registration. Zolvit operates in a competitive market with competitors including Online Legal India, Wazzeer, Corpbiz, Bluedex and Find Nearbest, among others.
- Headquarter Chennai, India
- Employees 3 as on 06 Jan, 2025
- Founders Hrishikesh Datar
- Stage Minicorn
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Sectors
Professional & Legal Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Uber9 Business Process Services Private Limited
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$4.47 M (USD)17.21as on Mar 31, 2023
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Net Profit
$-1.98 M (USD)-59.83as on Mar 31, 2023
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EBITDA
$-1.26 M (USD)-65.51as on Mar 31, 2023
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Total Equity Funding
$15.36 M (USD)
in 8 rounds
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Latest Funding Round
$996.2 K (USD), Series A
Nov 08, 2024
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Investors
Money Forward
& 7 more
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Employee Count
3
as on Jan 06, 2025
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Products & Services of Zolvit
Zolvit offers a comprehensive portfolio of products and services, including Company Registration, Trademark Registration, ITR Filing, and FSSAI Registration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for registering companies in India for legal compliance.
Platform for trademark filing and protection in India.
Assistance with income tax returns for individuals and businesses.
Service to obtain food safety licenses for businesses.
Funding Insights of Zolvit
Zolvit has successfully raised a total of $15.36M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $996.2 thousand completed in November 2024. 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 8
- Last Round Series A — $996,198
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First Round
First Round
(09 May 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - Zolvit | Valuation | Money Forward |
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| May, 2024 | Amount | Angel Round - Zolvit | Valuation |
investors |
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| Jun, 2023 | Amount | Series A - Zolvit | Valuation | InCorp |
| 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 Zolvit
Zolvit has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include Money Forward, InCorp Global and InCorp Advisory. 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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Money Forward is engaged in providing financial technology solutions.
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Founded Year | Domain | Location | |
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InCorp Advisory is engaged in financial advisory and business consulting.
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Founded Year | Domain | Location | |
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Accounting and tax-related services are provided in Singapore.
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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 Zolvit
| 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 - Zolvit
| 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 |
Zolvit Comparisons
Competitors of Zolvit
Zolvit 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 Online Legal India, Wazzeer, Corpbiz, Bluedex and Find Nearbest, 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 |
Offers comprehensive legal advice and services through an online platform.
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| domain | founded_year | HQ Location |
Legal, accounting, and HR services are provided by Wazzeer.
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| domain | founded_year | HQ Location |
Offers services for company incorporation, registration, legal documentation, and compliance.
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| domain | founded_year | HQ Location |
Provides comprehensive legal services for corporate compliance, including labor law, trademarks, and business setup.
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| domain | founded_year | HQ Location |
Delivers tech-enabled legal services for efficient access.
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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 Zolvit
Frequently Asked Questions about Zolvit
When was Zolvit founded?
Zolvit was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Zolvit located?
Zolvit is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Zolvit?
Hrishikesh Datar is the current CEO of Zolvit. They have also founded this company.
Is Zolvit a funded company?
Zolvit is a funded company, having raised a total of $15.36M across 8 funding rounds to date. The company's 1st funding round was a Series A of $1.45M, raised on May 09, 2016.
How many employees does Zolvit have?
As of Jan 06, 2025, the latest employee count at Zolvit is 3.
What is the annual revenue of Zolvit?
Annual revenue of Zolvit is $4.47M as on Mar 31, 2023.
What does Zolvit do?
Zolvit was founded in 2011 in Chennai, India, as a platform focused on business incorporation within the legal and compliance sector. Services provided include legal consultations, tax advisory, trademark registration, GST filing, and ongoing compliance management. Incorporation is enabled for entities such as private limited companies, limited liability partnerships, and firms. Additionally, legal practice management software is offered, incorporating tools for research, billing, case tracking, and client oversight.
Who are the top competitors of Zolvit?
Zolvit's top competitors include Online Legal India, Wazzeer and Bluedex.
What products or services does Zolvit offer?
Zolvit offers Company Registration, Trademark Registration, ITR Filing, and FSSAI Registration.
Who are Zolvit's investors?
Zolvit has 8 investors. Key investors include Money Forward, InCorp Global, InCorp Advisory, Abhay Parasnis, and Chugh.
What is Zolvit's valuation?
The valuation of Zolvit is $27.71M as of Nov 2024.
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