About 109°F
109°F is a company based in Mumbai (India) founded in 2006 by Birendra Agarwal and Rahul Mehta. 109°F has raised $4.88 million across 2 funding rounds from investors including Aditya Birla Capital, Creative Group and Birendra Agarwal. The company has 26 employees as of March 31, 2024. 109°F operates in a competitive market with competitors including Hopscotch, Bewakoof, Urbanic, Styched and Virgio, among others.
- Headquarter Mumbai, India
- Employees 26 as on 31 Mar, 2024
- Founders Birendra Agarwal, Rahul Mehta
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$1.28 M (USD)-24as on Mar 31, 2024
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Net Profit
-$157.29 K (USD)47as on Mar 31, 2024
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EBITDA
-$141.28 K (USD)49as on Mar 31, 2024
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Total Equity Funding
$4.88 M (USD)
in 2 rounds
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Latest Funding Round
$4.88 M (USD), Private Equity Round
Sep 15, 2015
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Investors
Aditya Birla Capital
& 4 more
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Employee Count
26
as on Mar 31, 2024
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Funding Insights of 109°F
109°F has successfully raised a total of $4.88M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $4.88 million completed in September 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $4.9M
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First Round
First Round
(20 Jun 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Private Equity Round - 109°F | Valuation | Aditya Birla Capital | |
| Jun, 2013 | Amount | Debt – Conventional - 109°F | Valuation |
investors |
Investors in 109°F
109°F has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Aditya Birla Capital, Creative Group and Birendra Agarwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified financial services including investment, insurance, and lending are offered.
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Founded Year | Domain | Location | |
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Diversified operations are maintained in textile manufacturing and energy sectors.
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Founded Year | Domain | Location | |
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BA
Birendra Agarwal |
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Founded Year | Domain | Location |
Investments & Acquisitions by 109°F
Financial Statements - 109F
109°F Comparisons
Competitors of 109°F
109°F operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hopscotch, Bewakoof, Urbanic, Styched and Virgio, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Apparel and accessories for children are provided online.
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| domain | founded_year | HQ Location |
Multi-category fashion products are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category women's fashion apparel is offered online by Urbanic.
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| domain | founded_year | HQ Location |
Multi-category fashion for men and women is offered online.
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| domain | founded_year | HQ Location |
Internet first brand offering apparel for men and women
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| domain | founded_year | HQ Location |
Online platform offering trendy and bold denim apparel
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Latest news on 109°F
Frequently Asked Questions about 109°F
109°F was founded in 2006 and raised its 1st funding round 7 years after it was founded.
109°F is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
109°F is a funded company, having raised a total of $4.88M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $16.98K, raised on Jun 20, 2013.
As of Mar 31, 2024, the latest employee count at 109°F is 26.
Annual revenue of 109°F is $1.28M as on Mar 31, 2024.
Owned by Creative Group, 109F is a womens fashion brand focused on western and contemporary clothing. 109F product portfolio consists of tops, tunics, dresses, kurtis, T-shirts, jackets, sweaters, jeans, capris, shorts, hot pants, leggings and jeggings. Its sub-brand Fusion Beats is more focused on younger audience in the age group 18 to 30 years. The brand now has 28 EBOs, 338 shop-in shops and 191 MBOs, also available online with portals like Myntra, Jabong, Flipkart, Fashionara, Miraistore and Koovs among others.
109°F has 5 investors. Key investors include Aditya Birla Capital, Creative Group, Birendra Agarwal, Kaushalya Birendra Agarwal, and Kaushalya Birendra Agarwal.
The valuation of 109°F is $41.72M as of Sep 2015.