About Zoomtail
Zoomtail is a company based in Bengaluru (India) founded in 2018 by Varun Jain and Swedesh Srivastava. It operates as a B2B. Zoomtail has raised $1.6 million across 1 funding round from investors including CRED, Shamik Sharma and Anshuman Bapna. The company has 14 employees as of March 31, 2020. Zoomtail operates in a competitive market with competitors including Fibre2Fashion, XSTOK, Tradyl, BizUp and Kaarigar Mandi, among others.
- Headquarter Bengaluru, India
- Employees 14 as on 31 Mar, 2020
- Founders Varun Jain, Swedesh Srivastava
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
- Legal Name Zoomtail Technologies Private Limited
- Date of Incorporation 02 May, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$235.86 K (USD)74.79as on Mar 31, 2020
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Net Profit
$-1.1 M (USD)-442.67as on Mar 31, 2020
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EBITDA
$-1.13 M (USD)-400.16as on Mar 31, 2020
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Total Equity Funding
$1.6 M (USD)
in 1 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Dec 07, 2018
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Investors
CRED
& 7 more
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Employee Count
14
as on Mar 31, 2020
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Funding Insights of Zoomtail
Zoomtail has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in December 2018. 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 1
- Last Round Seed — $1.6M
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First Round
First Round
(07 Dec 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Seed - Zoomtail | Valuation | V1.VC , 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 Zoomtail
Zoomtail has secured backing from 8 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include CRED, Shamik Sharma and Anshuman Bapna. 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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Seed & early stage tech-focused micro-VC firm investing primarily in the US
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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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CRED is operated as a members-only financial rewards club.
|
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
|
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.
|
Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Zoomtail
| 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.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Zoomtail
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zoomtail Comparisons
Competitors of Zoomtail
Zoomtail 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 Fibre2Fashion, XSTOK, Tradyl, BizUp and Kaarigar Mandi, 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 |
B2B marketplace for textile and fashion sourcing is operated.
|
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| domain | founded_year | HQ Location |
Auction-based marketplace platform offering B2B textile
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| domain | founded_year | HQ Location |
Provider of B2B e-commerce platform for fashion and lifestyle sourcing
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| domain | founded_year | HQ Location |
Fashion B2B wholesale is enabled via zero-commission video shopping app.
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| domain | founded_year | HQ Location |
Footwear manufacturers are connected via a B2B marketplace 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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Latest news on Zoomtail
Frequently Asked Questions about Zoomtail
When was Zoomtail founded?
Zoomtail was founded in 2018.
Where is Zoomtail located?
Zoomtail is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Zoomtail?
Varun Jain is the current CEO of Zoomtail. They have also founded this company.
Is Zoomtail a funded company?
Zoomtail is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Dec 07, 2018.
How many employees does Zoomtail have?
As of Mar 31, 2020, the latest employee count at Zoomtail is 14.
What is the annual revenue of Zoomtail?
Annual revenue of Zoomtail is $235.86K as on Mar 31, 2020.
What does Zoomtail do?
Zoomtail manages a b2b digital marketplace for multi-category fashion products through operating online marketplaces, marketplaces, fashion retail, and multi-category products. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Zoomtail?
Zoomtail's top competitors include Fibre2Fashion, BizUp and Sarafa Bazar.
Who are Zoomtail's investors?
What is Zoomtail's valuation?
The valuation of Zoomtail is $6.37M as of Dec 2018.