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Hesa - About the company

Hesa is a series B company based in Hyderabad (India), founded in 2019 by Hema Sowjanya Nandiraju and Vamsi Krishna Udayagiri. It operates as a Platform providing rural commerce, agricultural, financial, and insurance related services. Hesa has raised $18.7M in funding from investors like Venture Catalysts, We Founder Circle and Firstport Capital, with a current valuation of $*****. The company has 28 active competitors, including 2 that are funded. Its top competitors include companies like Rozana, Elanic and Mozumbi.

Company Details

Platform providing rural commerce, agricultural, financial, and insurance related services. It offers a digital platform connecting businesses with rural consumers through village-level entrepreneurs. The platform facilitates transactions, promotions, and access to various products and services. It aims to bridge the gap between businesses and rural communities by offering solutions for banking, finance, agriculture, and consumer goods.
Website
hesa.co
Social
XFacebook
Email ID
*****@hesa.co
Phone Number
+91 **********
Registered Address
H.No. 36-137/6 & 36 -136/49, Plot No. 61 & 63, SS Mansion, First Floor, Defence Colony, Secunderabad, Sainikpuri, Hyderabad, Tirumalagiri, Telangana, India, 500094
Key Metrics
Founded Year
2019
Location
Hyderabad, India
Stage
Series B
Total Funding
$18.7M in 16 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 14, 2026
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
129 as on Feb 28, 2026
Investment & Acquisitions
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Hesa's funding and investors

Hesa has raised a total funding of $18.7M over 16 rounds. Its first funding round was on Jun 05, 2021. Its latest funding round was a Series B round on Jun 22, 2026 for $*****. 1 investor participated in its latest round. Hesa has 49 institutional investors and 48 angel investors.

Here is the list of recent funding rounds of Hesa:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 22, 2026
6561412
Series B
2204970
3363478
3643150
3024259
Apr 20, 2026
6906811
Series A
5288735
6094811
5416972
Jun 13, 2025
7699993
Angel
6842238
9722417
4120540
2496487
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Hesa's founders and board of directors

Founder? Claim Profile
The founders of Hesa are Hema Sowjanya Nandiraju and Vamsi Krishna Udayagiri. Vamsi Krishna Udayagiri is the CEO of Hesa.
Here are the details of Hesa's key team members:

Hesa's Board of Directors

Hesa's board has 3 active members. Hema Sowjanya Nandiraju, Vamsi Krishna Udayagiri and Manish Modi are part of team.
Here is the list of Hesa's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 4m
Team
-
Current
14y 6m
Investor
-
Current
4y 10m

Hesa's employee count trend

Hesa has 129 employees as of Feb 26. Here is Hesa's employee count trend over the years:
Employee count trend for Hesa
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Hesa's Competitors and alternates

Top competitors of Hesa include Rozana, Elanic and Mozumbi. Here is the list of Top 10 competitors of Hesa, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Rozana
Rozana
2020, Delhi (India), Series B
Online rural e-commerce platform offering multi-category products
$59.9M
62/100
2nd
Logo for Hesa
Hesa
2019, Hyderabad (India), Series B
Platform providing rural commerce, agricultural, financial, and insurance related services
$18.7M
54/100
3rd
Logo for Elanic
Elanic
2014, Bengaluru (India), Acqui-Hired
Mobile based P2P marketplace to buy and sell fashion products
$1.89M
32/100
4th
Logo for Mozumbi
Mozumbi
2020, Kollam (India), Unfunded
Operator of an e-commerce platform for essential daily needs
-
-
32/100
5th
Logo for Hapkart
Hapkart
2019, Indore (India), Unfunded
Operator of an online platform connecting rural vendors with customers
-
-
32/100
6th
Logo for Vasm
Vasm
Lucknow (India), Unfunded
Provider of a platform enabling youth to operate virtual general stores
-
-
25/100
7th
Logo for GOALmart
GOALmart
2020, Jalna (India), Unfunded
Online retailer offering multi-category daily essentials products for rural customers
-
-
24/100
8th
Logo for Ehaat
Ehaat
2012, Delhi (India), Deadpooled
Online marketplace for rural customers
-
-
22/100
9th
Logo for Nammakartshop
Nammakartshop
Kanchipuram (India), Funding Raised
Online retailer of grocery, household, and personal care products
-
22/100
10th
Logo for Realshoppee
Realshoppee
2010, Hyderabad (India), Deadpooled
Online retailer of multi-category fashion products catering to rural customers
$320K
-
22/100
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Hesa's Latest cap tables and shareholding

Founders (largest shareholder) own 44.97%, Funds own 13.92%, Enterprises own 7.56% and Angels own 8.13%. The net worth of Hesa's founders is INR 589Cr as of Jul 14, 2026. The cap table displayed below is for Hesa Enterprises Private Limited which is the legal entity associated with Hesa.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
44.97%
589Cr
1237046
4472866
2428508
2215052
2005932
4702224
2323892
6227663
1897762
6205101
7889002
2648908
6324867
1753525
9002180
2232564
Fund
13.92%
182Cr
6037188
9790772
6136590
2381091
84
39
74
68
17
17
Enterprise
7.56%
99Cr
5862735
3985850
8206385
2309079
Angel
8.13%
107Cr
9415614
3686560
5109342
3224302
0
0
0
0
0
0
Other People
5.20%
68.2Cr
60407
24791
37439
88933
ESOP Pool
11.67%
153Cr
1854443
9095934
2375918
8682071
Other Investors
8.55%
112Cr
1068373
9825655
3023560
5679821
Total
100.00%
1,310Cr
3588040
4925235
8867790
5361905
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Hesa's Investments and acquisitions

Hesa has acquired 2 companies including Flinkhub and GullyBuy. Hesa has not made any investments as of now.

Reports related to Hesa

Here is the latest report on Hesa's sector:

News related to Hesa

lockFilter this list
•
Hesa Launches Marketplace App for Women EntrepreneursDigital Terminal•Aug 04, 2022•Hesa
•
Rural commerce platform Hesa acquires FlinkhubBusiness Line•Jul 26, 2022•Hesa, Flinkhub
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