The Hobby Tribe (Round Closed)
Making People Human Again
Official Website
Reports and Documents
₹ 50L - 1Cr.
Open for SAN Angels
CCP
Mode
₹ 40Cr.
Valuation (pre-money)
₹ 22Cr.
Previous Valuation
Company Overview
HRs currently have very few engagement activities – Yoga/Zumba/Fitness which is one size fits all. Making employees even more disengaged. Especially GenZ which is becoming a struggle for HRs to manage.
About the Opportunity
Problems
- Finding it difficult to engage their Remote/Hybrid employees.
- Unnecessary Admin work and constant planning of engagement activities burn out HRs.
- No tangible data metrics to know the after-effect of the services rendered to the employees.
Solutions
- 50+ unique hobby enrichment activities to engage every employee.
- Easy and strong cross-departmental networking.
- Daily Engagements and Automated Reports.
- Tangible data metrics are provided to HRs with rich reports to prove the value of their investment
Traction
- Revenue has grown almost 35% since last FY-22 and 40% jump in Profit Margins.
- Closed FY-23 with INR 30L and started FY-24 with INR 20L in the first month
Business Model
- CAAS – Culture/Community as a Service.
- B2B, B2C and B2B2C.
- @35/emp/month.
Current Market Opportunity
- INR 3300Cr HR Software Market.
- INR 28500Cr Global Employee Engagement Market.
- INR 2850Cr assuming 10% obtainable Market.
- C.A.G.R 12%.
Future Market Opportunity
- INR 750000Cr Global Edtech Market.
- INR 75000Cr Indian Edtech Market.
Round details
- Previous Valuation: INR 22Cr.
- Current Valuation: INR 40Cr (pre-money).
- Commitment received for this round: INR 1.5Cr from 4 UHNIs in the US 1 VC is already interested in the INR 1.25Cr round end of the year at an 80Cr valuation.
- Open for SAN Angels: INR 50L-1Cr.