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
Locked
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Website
Locked
- 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.
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.
| 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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Venture capital investment firm
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Locked | Locked | Locked | |
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CRED is operated as a members-only financial rewards club.
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Locked | Locked | Locked |
Investor details for Zoomtail
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Investments & Acquisitions by Zoomtail
Investment portfolio details for Zoomtail
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Financial Statements - Zoomtail
Detailed financials for Zoomtail
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Zoomtail Comparisons
Peer comparison for Zoomtail
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
B2B marketplace for textile and fashion sourcing is operated.
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Auction-based marketplace platform offering B2B textile
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| Locked | Locked | Locked |
Provider of B2B e-commerce platform for fashion and lifestyle sourcing
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| Locked | Locked | Locked |
Fashion B2B wholesale is enabled via zero-commission video shopping app.
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| Locked | Locked | Locked |
Footwear manufacturers are connected via a B2B marketplace platform.
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Detailed competitors of Zoomtail
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Latest news on Zoomtail
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Frequently Asked Questions about Zoomtail
Zoomtail was founded in 2018.
Zoomtail is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Varun Jain is the current CEO of Zoomtail. They have also founded this company.
Zoomtail is a funded company, having raised a total of $1.6M across 1 funding round to date.
As of Mar 31, 2020, the latest employee count at Zoomtail is 14.
Annual revenue of Zoomtail is $235.86K as on Mar 31, 2020.
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.
Zoomtail's top competitors include Fibre2Fashion, BizUp and Sarafa Bazar.
The valuation of Zoomtail is $6.37M as of Dec 2018.