# Avenue Growth

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avenue-growth

- Industry: Internet
- Headquarters: Gurgaon, India
- Website: www.avenuegrowth.com
- Latest round: Angel (Jul 5, 2017)
- Investors on record: 2

## About

Based in India, Avenue Growth is an online platform that provides innovative digital marketing solutions to businesses, enhancing their customer engagement and optimizing their online presence.Avenue Growth, founded in 2017 and headquartered in Gurgaon, India, specializes in delivering digital marketing services. Co-founded by Aasheesh Watts and Rachit Mathur, the company has successfully completed 7 deals, with its most recent deal dated February 9, 2023. The latest funding round raised INR 4.990 mn, contributing to a total amount raised of INR 4.990 mn, while the company currently holds a valuation of INR 216.236 mn.Avenue Growth specializes in innovative solutions that cater to the evolving needs of businesses in various sectors. The company’s core product offerings include a suite of digital marketing tools designed to enhance customer engagement and optimize online presence. These tools leverage advanced analytics and machine learning algorithms to provide actionable insights, enabling clients to tailor their marketing strategies effectively. Avenue Growth serves a diverse client base, including small to mid-sized enterprises seeking to scale their operations in competitive markets, and actively markets its products across North America and Europe, targeting technology-driven industries.Avenue Growth generates revenue primarily through a subscription model, allowing clients to access its range of digital marketing services. Clients typically enter into annual or monthly contracts that grant them tiered access to various features based on their selected pricing plan. This structure supports both B2B and direct-to-consumer sales, catering to different market segments. In 2019, the company reported a revenue of INR 90,776.7 and an EBITDA of -INR 245,750.1.In February 2023, Avenue Growth raised INR 4.990 mn in a funding round led by new investor India Accelerator, with participation from IAES Ventures and ITI Growth Ventures. The company plans to utilize this funding to support business expansion and enhance its product offerings. Specific strategies include the development and launch of new products aimed at improving service delivery, as well as targeted expansions into new geographic markets within North America and Europe by the end of 2024.

## Funding rounds

- Angel, Jul 5, 2017 — Brand Capital, GSVlabs Inc.

## Investors

- Brand Capital (https://capitalatlas.ai/funds/brand-capital) — Angel
- GSVlabs Inc. — Angel