March 27, 2017 2:43 PM ET

Internet Software and Services

Company Overview of Faida.com

Company Overview

Faida.com operates an online marketplace to exchange used products in India. The company’s online marketplace allows users to exchange mobiles, tablets, mobile accessories, and landline phones; and home decor, home furnishing, home tools and accessories, lighting products, lawn and garden products, cutlery and cookware, kitchen tools, kitchen furnishing, and kitchen accessories, as well as home, kitchen, and office furniture. It also enables to exchange monitors, printers, accessories, computer parts, kitchen appliances, TVs and video products, audio systems, security and surveillance cameras, cameras/binoculars, camera accessories, desktops and laptops, and home appliances; books and textbo...

B-16, Krishna Tower

Central Spine

VDN

Jaipur,  302039

India

Founded in 2015

Phone:

91 83 8604 0529?

Key Executives for Faida.com

Faida.com does not have any Key Executives recorded.

Faida.com Key Developments

Faida.com Is In Talks To Raise $10-$12 Million

Faida.com is in talks with a clutch of venture capitalists and private equity funds to raise about $10-12 million and intends to raise ‘Series A’ (first institutional fund raising) by December 2015. “We are in talks with a number of investors and rather than the funds, we are looking at bringing in a strategic partner who could help grow the business. We have touched base with 3-4 investors, both Indian and global,” Vipul Paliwal, co-founder of Faida.com said. Faida.com will use the proceeds for its plans to expand to an additional 14 towns and cities, from the present six. At present, the company has operations across Jaipur, Bengaluru, Pune, Delhi, Gurgoan and Noida. “We will be foraying into Mumbai and Kolkata within the first 10 days of September, and the rest including Surat, Kota, Ahmedabad and Nagpur, among others, by October,” he said.

Similar Private Companies By Industry

Company Name Region
10i Commerce Services Private Limited Asia
135 Tech Labs Pvt. Ltd. Asia
23 Spaces Labs Pvt. Ltd. Asia
33coupons.in Asia
360 Lifestyle Pvt. Ltd Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Faida.com, please visit faida.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.