Predict your next investment

GlobalBees company logo
Corporation
INTERNET | eCommerce / eCommerce enablement
globalbees.com

See what CB Insights has to offer

Founded Year

2021

Stage

Debt - II | Alive

Total Raised

$291.5M

Valuation

$0000 

Last Raised

$30M | 22 days ago

Mosaic Score

+50 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About GlobalBees

GlobalBees looks to partner with digitally native brands across categories like beauty, personal care, home, kitchen, food, nutrition, sports, and lifestyle. The company acquires and scales up D2C businesses in India and abroad.

GlobalBees Headquarter Location

Saket Road

New Delhi, 110017,

India

Latest GlobalBees News

Indian startups saw over 250 acquisitions in 2021: Entrackr report

Jan 17, 2022

The Indian startup ecosystem attained record numbers last year — be it with fundraising, minting unicorns or employee share buyback programs by companies. There’s another metric that the ecosystem saw record numbers in: acquisitions. The Indian startup ecosystem had more than 250 startups get acquired or acquihired by larger companies during 2021, according to our data-tracking platform Fintrackr . Where edtech startups such as Byju’s, Unacademy and upGrad made headlines for their acquisition spree , startups in the e-commerce roll up space such as Mensa Brands, GlobalBees, 10club, Upscalio and fitness tech platform Cultfit (Curefit) also took over smaller brands, recording the highest number of acquisitions last year. Per data collated by Fintrackr, edtech unicorn Byju’s was in the top position with 10 acquisitions in its portfolio just in 2021. Following this, four Thrasio style startups such as Mensa Brands, Upscalio, GlobalBees and 10club collectively took over 30 smaller brands during the same period. Another startup in the space, Goat Brand Labs had also announced that it took over 11 brands, however, the Rishi Vasudev-led company only disclosed the name of one brand i.e. Frangipani. Overall, e-commerce roll up aka Thrasio style companies acquired around 46 brands in quick succession during 2021. Moving on to other companies—Curefit and its sub-brand Cultfit collectively acquired seven startups last year. Other companies in this list include Curefoods, a cloud kitchen startup founded by Ankit Nagori which acquired seven startups, edtech unicorn Unacademy with five acquisitions and upGrad and content to commerce platform Good Glamm Group with four each. The details of all acquisitions can be found here . While the deal sizes of the acquisitions by e-commerce roll-up companies were relatively small, edtech company Byju’s spent a whopping of around $2.5 billion to acquire the 10 companies last year. Aakash Educational Services was its largest deal at around $1 billion. The company also shelled out around $600 million for Great Learning and $500 million for US-based Epic. Fintrackr has also prepared a list of top 10 acquisitions by deal size in 2021. The acquisition of BillDesk by PayU in a $4.7 billion deal was the largest in terms of deal size, followed by the acquisition of a majority stake in BigBasket by Tata Digital for about $1.2 billion . In the top 10 list, Byju’s added four companies including Aakash, Great Learning, Epic and Tynker. It’s worth mentioning that startups and companies in the top 10 categories spent $9.4 billion for the acquisitions. Category wise, e-commerce roll up saw the largest number of acquisitions in 2021 with 46 deals followed by edtech in which 33 startups got acquired by the larger groups. The deals in edtech also include upGrad, Teachmint and Vedantu which acquired 4 startups, 3 startups and 2 startups, respectively. Fintech saw the consolidation of 30 startups last year. Apart from the acquisition of BillDesk by PayU, other notable acquisitions in the fintech segment include Happay by CRED in a $180 million deal, Payback by BharatPe in a $27 million deal and Finin by Open in a $10 million deal. The year also saw its maiden acquisition by global payments giant Stripe in India via Recko. However, they did not disclose the deal amount. Startups in healthcare, SaaS, e-commerce and foodtech were the next top categories as far as acquisitions are concerned. Monthwise, November saw the most number of acquisitions with 44 deals followed by October and December in which 41 startups and 31 startups got acquired by larger companies. Out of 254 acquisitions, 116 deals were completed in the last quarter i.e. October-December.

Jan 15, 2022
The age of Thrasio

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing GlobalBees

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned GlobalBees in 1 CB Insights research brief, most recently on Aug 26, 2021.

Expert Collections containing GlobalBees

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

GlobalBees is included in 2 Expert Collections, including E-Commerce.

E

E-Commerce

9,049 items

U

Unicorns- Billion Dollar Startups

963 items

GlobalBees Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

GlobalBees Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.