List of Startups Funded by Rohit Bansal

Ria Puneyani Ria Puneyani
Jun 4, 2022 6 min read
List of Startups Funded by Rohit Bansal

India is now ranked third globally in terms of unicorns, with a number of 100 unicorns worth $332.7 billion as of May 5. While this is terrific news for unicorn startups in the future, we must remember the earlier startups and their founders who paved the path for them.

Rohit Bansal, who is given the title of "One of the Poster boys for startups in India" by Economic Times, has personally invested in over 52 startups, the most recent Recur Club, as part of their Seed VC on April 4, 2022. He is also the co-founder of one of India's earliest unicorns in 2010.

His investment firm, Titan Capital, has helped fund most of these businesses. Rohit Bansal co-founded Titan Capital in 2015 with Snapdeal co-founder Kunal Bahl. It is a seed-stage investment firm whose main aim is to formalize its growing portfolio of personal investments. Titan has funded a portfolio of over 200 firms, including well-known unicorns such as Razorpay. Let's take a look at more startups funded by Rohit Bansal.

List of Startups Funded by Rohit Bansal

  1. Azah
  2. Sanfe
  3. JobSquare
  4. Powerplay
  5. Recur Club
Rohit Bansal - Co-founder of Snapdeal

Azah

Founded: 2018
Founder: Shashwat Diesh and Aqib Mohammed
Industry: Female Wellness

Founded in 2018 by Shashwat Diesh and Aqib Mohammed, Azah is a Gurugram-based female wellness startup brand that makes chemical-free hygiene products for women. Snapdeal founders Kunal Bahl and Rohit Bansal invested an undisclosed amount in the organic wellness startup. The pre-series A funding round was led by Bansal's firm Titan Capital.

The brand plans to use this funding to research and develop new products and expand its reach to newer demographics while exploring alternative channels to drive growth and acquisition. With the new funding, Azah also plans to reach out to Tier 2 and 3 cities like Patna, Kanpur, Chandigarh, and Dehradun.

By the end of the next quarter, Azah is planning to double its monthly revenue.

Sanfe

Founded: 2018
Founder: Archit Aggarwal and Harry Sehrawat
Industry: Women's Beauty, Skincare & Intimate hygiene care

Rohit Bansal invested Rs. 8 crores in Sanfe, a feminine hygiene company, through his investment firm. Intimate wipes, pain relief roll-ons, menstrual cups, urine devices, organic sanitary wipes, and more are among the products offered by the firm, which was created in 2018 by IIT Delhi grads Archit Aggarwal and Harry Sehrawat.

Sanfe products are sold in over 1,500 stores across the country, as well as on well-known e-commerce sites like Amazon, Flipkart, and Nykaa. It currently operates in global markets such as the United States and Nepal, with intentions to expand into other European and African regions in the future.

The brand plans to use these funds to strengthen its team, research and develop new products, category disruption and build its brand. Sanfe expects a 300 per cent increase in the Indian feminine hygiene market by the end of 2022, compared to the industry's current growth rate of 21%.

JobSquare

Founded: 2018
Founder: Ashutosh Valani and Ishit Jethwa
Industry: Recruitment Consultancy

JobSquare is an Ahmedabad-based recruitment platform that links recruiters and jobseekers in real-time. It already works with organizations like Reliance Jio, BookMyShow, Wipro, Larsen & Toubro Infotech, Urban Ladder, Alembic Pharmaceuticals, Urban Clap, Sodexo, and UpGrad.

The platform employs technology-based elements such as hyper-localized search, map listing, direct and non-paid messaging, mutual connections, and others to aid in the speedier implementation of processes.

It received a total of Rs. 1 crore in finance from Bansal's firm, Titan Capital. The money will be used to improve production, launch new goods, expand sales operations in tier-II and III cities, and reinforce its position in existing markets, according to the startup. In addition, the company intends to expand into new international markets.

By the conclusion of the next quarter, the company hopes to have doubled its monthly revenue.


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Powerplay

Founded: 2019
Founder: Iesh Dixit and Shubham Goyal
Industry: Construction and Architecture Project Management

IIT Roorkee grads Dixit and Shubham Goyal founded the Bengaluru-based firm Powerplay in December 2019. Powerplay is a free mobile app that allows numerous construction project stakeholders to interact and collaborate. The app allows project managers, partners, and employees to keep track of progress, deliverables, and payments, as well as streamline project management operations.

Employee attendance, budgeting, and invoicing, as well as issues and material management, may all be tracked with the app. It's designed to handle jobs of various sizes.

Powerplay's Android and iOS-enabled app, which was launched in October 2020, is presently utilized by over 35,000 contractors in 800 Indian cities. Over 5,000 contracts have been managed through the app, with contractors allegedly saving over 200 hours per week.

Powerplay has raised Rs. 40 crores in a round-headed by Accel Partners and Sequoia Capital's Surge accelerator program, of which Rohit Bansal was a prominent member.

According to Invest India, India's construction industry is predicted to become the third-largest in the world by 2025, growing at a rate of 7.1% per year. In 2017, the sector was India's second-largest employer, and it is presently the country's second-largest FDI receiver in the current fiscal year.

Recur Club

Founded: 2021
Founder: Abhinav Sherwal and Eklavya Gupta
Industry: FinTech

Recur Club, an innovative fintech platform facilitating non-dilutive growth financing for firms with recurring revenues, closed its Rs. 230 Crore seed investment round, which was a blend of equity and loan allocation.

It was founded in 2021 by two batchmates from IIM Calcutta, Abhinav Sherwal and Eklavya Gupta. This trading platform established in Singapore and New Delhi allows businesses to trade future customer revenue at a little discount in exchange for money within 48 hours against current recurring revenue.

It integrates with a customer's accounting, invoicing, and subscription management systems to examine critical parameters. It then decides if the company is eligible to trade in real-time.

Recur Club provides an alternative financing platform that complements VC capital and delivers a quick turnaround with attractive rates while also providing a new asset class for investors seeking fixed income yields as the number of recurring revenue companies, notably SaaS, grows rapidly.

Recur Club intends to use the money raised to accelerate its growth by providing best-in-class product experiences and expanding its sales and engineering teams, with the goal of becoming "the largest and most accurate financial metrics benchmark for recurring revenue businesses."

Conclusion

For a long time, Rohit Bansal has been one of the most notable angel investors. In 2021, the co-founder of Snapdeal had invested in over 91 startups through his investment venture Titan Capital. Apart from being an angel investor, he is also the Co-founder and current Executive Director of the infamous online e-commerce site and now the second-largest e-commerce platform after Flipkart, Snapdeal.

FAQs

Who is Rohit Bansal?

Rohit Bansal is an entrepreneur and investor. He is a co-founder of Snapdeal.

What are the startup investment of Rohit Bansal?

Some Startups funded by Rohit Bansal are:

  • Azah
  • Sanfe
  • JobSquare
  • Powerplay
  • Recur Club

What is the salary of Rohit Bansal?

Rohit Bansal got an annual salary of INR3.5 crore in 2021.

What is Rohit Bansal's education?

Rohit Bansal has completed his schooling from Delhi Public School and Graduation from IIT Delhi.

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