# Jombay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jombay

- Industry: Software
- Headquarters: Pune, India
- Website: www.jombay.com
- Total disclosed funding: $1.1M
- Latest round: Series A (Aug 16, 2011)
- Investors on record: 1

## About

Jombay is a company providing advanced assessment and development tools aimed at enhancing leadership capabilities within organizations, focusing on effective talent management and development strategies.Founded in 2010, Jombay operates from Pune, India, focusing on developing assessment tools for leadership and managerial effectiveness. The company has closed 3 funding deals, with its latest funding round occurring on August 14, 2019, where it raised INR 24.41 million. Mohit Gundecha and Suruchi Wagh co-founded Jombay, with Gundecha currently serving as CEO. The company has not reported any changes in its business strategy or operations since its inception.Jombay specializes in providing advanced assessment and development tools designed to identify, cultivate, and engage effective managers and leaders within organizations. Its offerings include proprietary assessment centers and development programs that utilize methodologies to evaluate leadership potential and management capabilities. Serving a diverse clientele, including Fortune 500 companies, Jombay leverages data-driven insights to facilitate targeted talent development strategies, enhancing organizational performance across North America, Europe, and Asia.In the most recent year of 2023, Jombay reported revenue of INR 2,358,378.90 and EBITDA of INR 213,079.60. The company generates revenue primarily through subscription-based services and partnerships, engaging clients in multi-year agreements for access to its suite of tools and programs. This structured pricing model is designed to support organizations of various sizes, fostering long-term relationships and creating a sustainable revenue stream.Jombay aims to enhance its offerings by developing new products focused on advanced talent assessment methodologies. The company is also planning to expand its market presence in North America and Europe by the end of 2024. The recent funding round of INR 24.41 million will support these initiatives, focused on product development and market expansion efforts.

## Funding rounds

- Series A, Aug 16, 2011, $1.1M — Nirvana Venture Advisors

## Investors

- Nirvana Venture Advisors (https://capitalatlas.ai/funds/nirvana-venture-advisors) — Series A