Ketto Online Ventures Private Limited
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Ketto Online Ventures Private Limited - overview
Established
2012
Location
Mumbai, Maharashtra, India
Primary Industry
Financial Services
About
Ketto Online Ventures is a prominent crowdfunding platform that empowers individuals and organizations in India to raise funds for diverse social causes, including medical needs, education, and community projects. Ketto Online Ventures Private Limited, founded in 2012 and headquartered in Mumbai, India, operates as a crowdfunding platform aimed at facilitating fundraising for various causes. The company was co-founded by Marcos Uttone, Varun Sheth, and Zaheer Adenwala. Ketto has successfully raised a total of INR 237.
00 million in its most recent Series A funding round, completed on 26th October 2022, primarily from Bee Accelerate. The company has conducted 7 deals to date, with its current valuation at INR 4,291. 26 million. Ketto provides an online platform for crowdfunding that enables users to create campaigns for medical treatments, educational scholarships, and social initiatives.
The platform allows campaigners to easily connect with potential donors, promoting fundraising efforts through features like campaign creation tools, secure payment processing, and marketing resources. Ketto caters to a broad audience across urban and rural India, assisting both individuals and NGOs in gathering necessary funds for various projects and causes. In the most recent fiscal year of 2022, Ketto generated a revenue of INR 15,987,333. 90, with an EBITDA of INR 348,013.
30. The company’s revenue model is based on transaction fees from successful fundraising efforts, allowing campaigners to keep a larger share of their funds by not charging platform fees. Following the INR 237. 00 million funding round in October 2022, Ketto plans to enhance its platform with new features aimed at improving user experience and increasing fundraising efficiency.
The company is also exploring expansion into new markets beyond India, aiming to reach other South Asian countries by mid-2024. The recent funding will be utilized to develop these new products and facilitate market entry into these targeted regions.
Current Investors
SRI Capital, Bee Accelerate, ah! Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
http://www.ketto.org
Verticals
FinTech
Company Stage
Series A
Total Amount Raised
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Ketto Online Ventures Private Limited - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 44,350 | 876,229 | 5,860,509 | 16,952,348 | 71,061,492 | 244,269,659 | 409,863,627 | 787,763,188 | - | - | - |
| % Revenue Growth (YoY) | - | - | 1875.7% | 568.8% | 189.3% | 319.2% | 243.7% | 67.8% | 92.2% | - | - | - |
| EBITDA (USD) | - | - | (4,793,142) | (13,116,918) | (19,900,998) | (15,591.3) | 19,996,725 | 15,053,735 | 29,411,867 | - | - | - |
| Operating Income (USD) | - | - | (4,948,402) | (14,704,374) | (21,565,296.8) | (1,303,744.3) | 18,920,759 | 13,993,521 | 25,605,916 | - | - | - |
| Operating Margin | - | - | (564.7%) | (250.9%) | (127.2%) | (1.8%) | 7.7% | 3.4% | 3.3% | - | - | - |
| % EBITDA Margin | - | - | (547.0%) | (223.8%) | (117.4%) | (0.0%) | 8.2% | 3.7% | 3.7% | - | - | - |
| NET Income (USD) | (22,845) | (610,649.5) | (4,948,402) | (14,704,374) | (20,007,824.9) | (1,013,799) | 2,283,597 | 15,578,246 | 26,002,741 | - | - | - |
| % Net Margin | - | (1376.9%) | (564.7%) | (250.9%) | (118.0%) | (1.4%) | 0.9% | 3.8% | 3.3% | - | - | - |
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