1BRIDGE
73/42, 41st Cross, 8th Block, Jayanagar, Bengaluru, Karnataka, 560070, India
Overview
1Bridge operates a last-mile supply chain and assisted-commerce platform that connects rural consumers to aspirational products and digital services through local "1Bridge Advisors" and a mobile tech interface. Launched in May 2016 and based in Bengaluru, the company has built operations across more than 70 districts in Southern India and is active in Karnataka, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, and Odisha. It reports over 10,000 entrepreneurs on its platform, 35 million transactions fulfilled, and 1.5 million village consumers served. Financially, 1Bridge grew ~75% year-on-year, grossed over INR 52 crore in FY21, was EBITDA-positive in FY21, and was looking to cross INR 100 crore in FY22. The company plans to add 10,000 more entrepreneurs to expand into another 10,000 villages, roll out over 500 1Bridge Experience Centres at tehsil/block towns, broaden product and fintech partnerships, and strengthen its technology and data capabilities while pursuing profitable growth.
- Total raised
- $3M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Aug 2021
Industries
- Consumer
- E-Commerce
- Payments
Recent funding
Equity
Aug 2021
$3M