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ACCELERATOR ENTERPRISE PRIVATE LIMITED

Glowroad

U74999KA2017PTC103903

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees351
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹220.75 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Glowroad
GlowRoad one of the fastest growing social commerce startup in India GlowRoad lets users resell products from 100 categories directly from manufacturers and wholesalers with the power of social networks We truly believe in the potential of Digital India with our majority of users being homemakers from Tier II III and IV cities The platform hosts 6mn resellers from 1000 cities across India and we are proud to empower 100000 active women resellers in our platform Raised Series A funds from Accel in July 2017 Raised Series B funds from Accel CDH China Korea Investment Partners and Vertex in April 2019
Business Model

Social commerce startup GlowRoad is a women-centric C2C (customer-to-customer) reseller network. It provides millions of its users including homemakers, young adults, small retailers and others a means to become digital entrepreneurs and earn from the comfort of their home or anywhere by leveraging the power of social media.

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Glowroad Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹220.75 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors5
Investors
  • Vertex Ventures, Interlace, CDH Investments, Accel, RB Investments
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Glowroad Financial Details
Financial Highlights
FY 2022-23 Revenue₹4,900.00
FY 2022-23 Expenses₹76.97 Lakh
FY 2022-23 Profit/Loss-₹76.93 Lakh
Net Cash Flow From OperationsUndisclosed
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Glowroad Key People
People Metrics
Current Core Team5
Board Members/Directors2

Core Team

DS
Dr. Sonal VermaCo-Founder
NP
Nitesh PantCo-Founder
KS
Kunal SinhaCo-Founder & CEO
S(
Shekhar (Chandra) Sahu Co-Founder
NP
Nilesh PadariyaCo-Founder & CTO

Board Members/Directors

NP
Nitesh PantDirector
KU
KunalDirector
Glowroad Documents

AY - 2018-19

Profit and Loss statement - Glowroad - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Glowroad for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Glowroad - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Glowroad for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Glowroad - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Glowroad for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Glowroad - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Glowroad for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Glowroad - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Glowroad for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Glowroad - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Glowroad for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Glowroad - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Glowroad for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Glowroad - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Glowroad for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Glowroad - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Glowroad for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Glowroad - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Glowroad for FY 2022-23
₹249.00 ₹498.00

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