Town Essentials Overview
- Year Founded
-
2001
- Status
-
Private
- Latest Deal Type
-
2ndary - Private
Town Essentials General Information
Description
Owner and operator of an online grocery store intended to supply grocery products to their customers. The company's online store offers products such as milk, bread, eggs, and other daily-use products, enabling both institutions and consumers to buy these products online via a mobile application.
Contact Information
Website
www.towness.co.inCorporate Office
- 54/1, Yashwantpur Industrial Area
- Bangalore, Karnataka 560022
- India
Corporate Office
- 54/1, Yashwantpur Industrial Area
- Bangalore, Karnataka 560022
- India
Town Essentials Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Secondary Transaction - Private | 01-Jan-2023 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 28-Dec-2015 | Completed | Generating Revenue | |||
| 1. Angel (individual) | $822K | $822K | Completed | Startup |
Town Essentials Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 2,247 | $0.015042 | $33.47 | $33.47 | 1x | $33.47 | 0.18% |
Town Essentials Comparisons
Industry
Financing
Details
Town Essentials Competitors (14)
One of Town Essentials’s 14 competitors is ICart Group Indonesia, a Venture Capital-Backed company based in Jakarta, Indonesia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ICart Group Indonesia | Venture Capital-Backed | Jakarta, Indonesia | ||||
| Blinkit | Formerly VC-backed | Gurugram, India | ||||
| Nature's Basket | Corporate Backed or Acquired | Mumbai, India | ||||
| True Elements (Maharasthra) | Formerly VC-backed | Pune, India | ||||
| Shipt | Venture Capital-Backed | Birmingham, AL |
Town Essentials FAQs
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When was Town Essentials founded?
Town Essentials was founded in 2001.
-
Where is Town Essentials headquartered?
Town Essentials is headquartered in Bangalore, India.
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What industry is Town Essentials in?
Town Essentials’s primary industry is Specialty Retail.
-
Is Town Essentials a private or public company?
Town Essentials is a Private company.
-
What is Town Essentials’s current revenue?
The current revenue for Town Essentials is .
-
How much funding has Town Essentials raised over time?
Town Essentials has raised $1.83M.
-
Who are Town Essentials’s competitors?
ICart Group Indonesia, Blinkit, Nature's Basket, True Elements (Maharasthra), and Shipt are some of the 14 competitors of Town Essentials.
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