# PICKME eSolutions India Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pickme-esolutions-india-private

- Industry: Consumer Services
- Headquarters: Mumbai, India
- Website: www.pickmeindia.com
- Total disclosed funding: $2.9M
- Latest round: Angel (Jun 26, 2015)
- Investors on record: 1

## About

PICKME eSolutions India Private Limited is a technology-driven company offering innovative solutions designed to enhance business efficiency and productivity across various sectors, including healthcare, finance, and retail.Founded in 2011 and headquartered in Mumbai, India, PICKME eSolutions specializes in providing advanced technology solutions that cater to diverse market needs. The company has successfully engaged in 4 deals, with its most recent funding round occurring on March 6, 2017, when it raised INR 120 million from SIDBI Venture Capital, bringing its total amount raised to INR 120 million. The company is co-founded by Joseph Sudhakar and Wilbret Raj, with Praful Chatrapati serving as the current CEO.PICKME eSolutions focuses on a variety of innovative products aimed at tackling specific challenges within their markets. Their core offerings are centered on advanced technological solutions that help businesses enhance efficiency and productivity. These products serve a diverse clientele across sectors such as healthcare, finance, and retail, aiming to streamline operations and improve user experience. The company primarily markets these products in North America and Europe, where there is strong demand for sophisticated technological solutions.For the year 2021, PICKME eSolutions reported a revenue of INR 37,253.4 million and an EBITDA of INR -10,250 million. The company generates revenue through a structured model involving B2B transactions and direct-to-consumer sales, employing various pricing plans that allow flexibility for clients, from established enterprises to startups. Subscription-based models facilitate continuous service and updates, while competitive pricing and partnership agreements bolster revenue streams.PICKME eSolutions plans to leverage the recent funding of INR 120 million raised in March 2017 to support its growth initiatives. The company aims to expand its product offerings and is currently designing new solutions intended for launch in the coming years. Additionally, PICKME eSolutions is exploring opportunities to enter new markets, specifically targeting expansion into Southeast Asia and the Middle East by 2025, enhancing its global footprint.

## Funding rounds

- Angel, Jun 26, 2015, $2.6M — Artha Venture Partners
- Seed, Aug 23, 2013, $0.3M — Artha Venture Partners

## Investors

- Artha Venture Partners (https://capitalatlas.ai/funds/artha-venture-partners) — Seed, Angel