# Connect India E-commerce Services Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/connect-india-e-commerce-services-pvt

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.connectindia.com
- Total disclosed funding: $11M
- Latest round: Series E (Aug 29, 2020)
- Investors on record: 2

## About

Connect India E-commerce Services Pvt Ltd is a domain name sales and leasing company that offers flexible purchasing options for clients seeking to establish an online presence.Founded in 2015 and headquartered in Bangalore, India, Connect India E-commerce Services Pvt Ltd specializes in the domain name market, focusing on providing domain name solutions to a diverse clientele. The company has raised a total of INR 447.60 mn during the SERIES E funding round, which was completed on August 29, 2020, from Aavishkaar Capital. The firm currently has a valuation of INR 2.61 billion. Sridhar Lr serves as both the CEO and founder of the company, leading it through various growth stages, including the successful completion of 9 funding deals.ConnectIndia.com specializes in the sale and leasing of domain names, particularly the domain name ConnectIndia.com. It offers two purchasing options: a one-time payment of INR 4,999 or a lease-to-own plan at INR 417 per month. These services cater to entrepreneurs, businesses, and individuals looking to establish their online identity. The domain names serve various purposes, from e-commerce platforms to personal branding, and the company operates in multiple geographical markets, reflecting the demand for online presence.For the fiscal year 2023, Connect India E-commerce Services Pvt Ltd reported revenue of INR 10,228,977.70 with an EBITDA of INR -2,098,493.40, indicating expenses exceeding earnings for that period. Revenue generation is driven by domain name sales and leasing, with transparent payment options for clients.Connect India E-commerce Services Pvt Ltd aims to further enhance its offerings by designing new domain-related products, although specific launch dates have not been disclosed. The firm is also considering expanding its market reach, targeting regions where digital real estate demand is growing. The recent SERIES E funding of INR 447.60 mn will be utilized to support these expansion initiatives and further develop their product offerings, reinforcing their position in the domain market.

## Funding rounds

- Series E, Aug 29, 2020, $6.1M — Aavishkaar Capital
- Series C, Feb 14, 2017, $3.1M — Aavishkaar Capital, Aavishkaar Venture Management Services
- Series B, Sep 3, 2016, $1.5M — Aavishkaar Capital, Aavishkaar Venture Management Services

## Investors

- Aavishkaar Capital (https://capitalatlas.ai/funds/aavishkaar-capital) — Series B, Series C, Series E
- Aavishkaar Venture Management Services — Series B, Series C