99 Algorithms Overview
- Year Founded
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2015
- Status
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Private
- Employees
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11
- Latest Deal Type
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Later Stage VC
- (Cancelled)
- Investors
-
11
99 Algorithms General Information
Description
Developer of a self-operated e-commerce platform designed to connect fast-moving consumer goods companies directly with small stores. The company's platform uses global positioning system-based routing algorithms to supply products directly from companies to stores, predicting demand and reducing wastage, enabling local store merchants to source groceries for their inventory needs and have the right working capital based on the payment history.
Contact Information
Website
www.99algorithms.inCorporate Office
- House Number 199, Ground Floor, Pandit Mohalla, Rangpuri
- Near Telco Service Station, Mahipalpur, South West Delhi
- New Delhi, New Delhi 110037
- India
Corporate Office
- House Number 199, Ground Floor, Pandit Mohalla, Rangpuri
- Near Telco Service Station, Mahipalpur, South West Delhi
- New Delhi, New Delhi 110037
- India
99 Algorithms Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC | 27-Apr-2023 | Cancelled | Generating Revenue | |||
| 6. Later Stage VC | 02-Feb-2022 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A) | 19-Jun-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 21-Aug-2019 | Completed | Startup | |||
| 3. Early Stage VC (Series A) | 21-Jun-2017 | Completed | Startup | |||
| 2. Seed Round | 03-Nov-2016 | $50.1K | $65K | Completed | Startup | |
| 1. Seed Round | 01-Jul-2016 | $14.9K | $14.9K | Completed | Startup |
99 Algorithms Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| CCPS | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| Ordinary | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| Ordinary | 622 | $0.134274 | $72.27 | $72.27 | 1x | $72.27 | 2.94% | |
| Ordinary | 591 | $0.134274 | $22.71 | $22.71 | 1x | $22.71 | 2.8% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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99 Algorithms Comparisons
Industry
Financing
Details
99 Algorithms Competitors (4)
One of 99 Algorithms’s 4 competitors is Tradeindia, a Corporation company based in Noida, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Tradeindia | Corporation | Noida, India | ||||
| Thomas Publishing | Corporate Backed or Acquired | New York, NY | ||||
| StoreKing | Venture Capital-Backed | Bangalore, India | ||||
| Tata Consumer Products | Corporation | Mumbai, India |
99 Algorithms Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
99 Algorithms Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
99 Algorithms Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| How To Find A Needle In A Haystack | Venture Capital | Minority | ||
| Al Falaj Investment | PE/Buyout | Minority | ||
| TPN Investments | Family Office | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
99 Algorithms FAQs
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When was 99 Algorithms founded?
99 Algorithms was founded in 2015.
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Where is 99 Algorithms headquartered?
99 Algorithms is headquartered in New Delhi, India.
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What is the size of 99 Algorithms?
99 Algorithms has 11 total employees.
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What industry is 99 Algorithms in?
99 Algorithms’s primary industry is Logistics.
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Is 99 Algorithms a private or public company?
99 Algorithms is a Private company.
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What is 99 Algorithms’s current revenue?
The current revenue for 99 Algorithms is .
-
How much funding has 99 Algorithms raised over time?
99 Algorithms has raised $4.66M.
-
Who are 99 Algorithms’s investors?
How To Find A Needle In A Haystack, Al Falaj Investment, TPN Investments, , and are 5 of 11 investors who have invested in 99 Algorithms.
-
Who are 99 Algorithms’s competitors?
Tradeindia, Thomas Publishing, StoreKing, and Tata Consumer Products are competitors of 99 Algorithms.
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