GlowRoad Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 170

Employees

  • Latest Deal Type
  • M&A

GlowRoad General Information

Description

Operator of a social commerce platform intended to enable individuals and enterprises to make money by selling online. The company's reselling application operates a network of users including housewives and graduate students who can sell products in their neighborhood, residential colonies, and among their friends and families via an online or offline medium, enabling businesses to earn from home in a secure system without any investment.

Contact Information

Website
www.glowroad.com
Formerly Known As
LocalQueen
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Number 88, Evoma Center, Borewell Road
  • Whitefield
  • Bangalore, Karnataka 560066
  • India
+91 099519
Primary Industry
Media and Information Services (B2B)
Other Industries
Information Services (B2C)
Other Commercial Services
Parent Company
Amazon Smbhav Venture Fund
Vertical(s)
E-Commerce, Mobile Commerce, Mobile
Corporate Office
  • Number 88, Evoma Center, Borewell Road
  • Whitefield
  • Bangalore, Karnataka 560066
  • India
+91 099519

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GlowRoad Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 22-Apr-2022 Completed Generating Revenue
6. Later Stage VC 24-Nov-2021 Completed Generating Revenue
5. Later Stage VC (Series C) 01-May-2020 Completed Generating Revenue
4. Early Stage VC (Series B) 29-May-2019 Completed Generating Revenue
3. Early Stage VC (Series B) 19-Mar-2019 Completed Generating Revenue
2. Early Stage VC (Series A) 13-Sep-2017 $2M $2.5M Completed Generating Revenue
1. Angel (individual) $500K $500K Completed Startup
To view GlowRoad’s complete valuation and funding history, request access »

GlowRoad Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
To view GlowRoad’s complete cap table history, request access »

GlowRoad Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a social commerce platform intended to enable individuals and enterprises to make money by selling online. T
Media and Information Services (B2B)
Bangalore, India
170 As of 2022

Bengaluru, India
 

Bangalore, India
 
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GlowRoad Competitors (3)

One of GlowRoad’s 3 competitors is ShopDeck, a Venture Capital-Backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ShopDeck Venture Capital-Backed Bengaluru, India
Meesho Venture Capital-Backed Bangalore, India
Ace Turtle Venture Capital-Backed Bangalore, India
You’re viewing 3 of 3 competitors. Get the full list »

GlowRoad Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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GlowRoad Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Accel Venture Capital Minority
CDH Investments PE/Buyout Minority
IND Fund Venture Capital Minority
Korea Investment Partners Venture Capital Minority
RB Investments (Singapore) Family Office Minority
You’re viewing 5 of 7 investors. Get the full list »

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GlowRoad FAQs

  • When was GlowRoad founded?

    GlowRoad was founded in 2017.

  • Where is GlowRoad headquartered?

    GlowRoad is headquartered in Bangalore, India.

  • What is the size of GlowRoad?

    GlowRoad has 170 total employees.

  • What industry is GlowRoad in?

    GlowRoad’s primary industry is Media and Information Services (B2B).

  • Is GlowRoad a private or public company?

    GlowRoad is a Private company.

  • What is GlowRoad’s current revenue?

    The current revenue for GlowRoad is .

  • How much funding has GlowRoad raised over time?

    GlowRoad has raised $32M.

  • Who are GlowRoad’s investors?

    Accel, CDH Investments, IND Fund, Korea Investment Partners, and RB Investments (Singapore) are 5 of 7 investors who have invested in GlowRoad.

  • Who are GlowRoad’s competitors?

    ShopDeck, Meesho, and Ace Turtle are competitors of GlowRoad.

  • When was GlowRoad acquired?

    GlowRoad was acquired on 22-Apr-2022.

  • Who acquired GlowRoad?

    GlowRoad was acquired by Amazon Smbhav Venture Fund.

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