Arzooo Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
585
- Latest Deal Type
-
M&A
Arzooo General Information
Description
Developer of a reverse auction-based e-commerce platform designed to provide a range of electronic goods. The company's platform offers a product catalog that includes televisions, refrigerators, washing machines, air conditioners, kitchen appliances, and more where sellers bid for the prices at which they are willing to sell their goods and services, enabling retailers to offer a range of consumer electronic products without investing in inventory, offer payment solutions to improve sales conversion in-store.
Contact Information
Website
www.arzooo.com(Operating Subsidiary)
Corporate Office
- Number 1668A, G+5, RJP Towers, 27th Main Road, Parangipalya
- 2nd Sector, HSR Layout
- Bengaluru, Karnataka 560102
- India
Corporate Office
- Number 1668A, G+5, RJP Towers, 27th Main Road, Parangipalya
- 2nd Sector, HSR Layout
- Bengaluru, Karnataka 560102
- India
Arzooo Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 21-Nov-2024 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C) | 31-Aug-2023 | Cancelled | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 07-Jul-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B) | 10-May-2022 | Completed | Generating Revenue | |||
| 4. Debt - General | 23-Feb-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 16-Nov-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 13-Jun-2019 | $1000K | $1.41M | Completed | Generating Revenue | |
| 1. Seed Round | 24-May-2018 | $405K | $405K | Completed | Generating Revenue |
Arzooo Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| CCPS | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| CCPS | ||||||||
| Ordinary | 243 | $0.121755 | $3680.46 | $3680.46 | 1x | $3680.46 | 0.85% | |
| Ordinary | 20 | $0.121755 | $1216.36 | $1216.36 | 1x | $1216.36 | 0.07% |
Arzooo Patents
Arzooo Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-2313781-A | Polishing machine | Inactive | 18-Nov-1941 |
Arzooo Signals
Arzooo Former Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 3Lines | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Alteria Capital | Venture Capital | Minority | ||
| Celesta Capital | Venture Capital | Minority | ||
| Enam Group | Family Office | Minority |
Arzooo FAQs
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When was Arzooo founded?
Arzooo was founded in 2016.
-
Where is Arzooo headquartered?
Arzooo is headquartered in Bengaluru, India.
-
What is the size of Arzooo?
Arzooo has 585 total employees.
-
What industry is Arzooo in?
Arzooo’s primary industry is Media and Information Services (B2B).
-
Is Arzooo a private or public company?
Arzooo is a Private company.
-
What is Arzooo’s current revenue?
The current revenue for Arzooo is .
-
How much funding has Arzooo raised over time?
Arzooo has raised $92.7M.
-
Who are Arzooo’s investors?
3Lines, , Alteria Capital, Celesta Capital, and Enam Group are 5 of 21 investors who have invested in Arzooo.
-
When was Arzooo acquired?
Arzooo was acquired on 21-Nov-2024.
-
Who acquired Arzooo?
Arzooo was acquired by Moksha Group.
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