About 82°E
82°E is a company based in Mumbai (India) founded in 2021 by Deepika Padukone.. 82°E has raised $7.5 million across 1 funding round from investors including Collective Artists Network, IDEO and Prospect Street. The company has 38 employees as of April 08, 2024. 82°E operates in a competitive market with competitors including Foxtale, RAS Luxury Oils, Gabit, Conscious Chemist and World of Asaya, among others.
- Headquarter Mumbai, India
- Employees 38 as on 08 Apr, 2024
- Founders Deepika Padukone
- Stage Minicorn
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Sectors
ConsumerHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dpka Universal Consumer Ventures Private Limited
- Date of Incorporation 05 May, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.33 M (USD)22409.95as on Mar 31, 2023
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Net Profit
$-2.66 M (USD)-150.89as on Mar 31, 2023
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EBITDA
$-2.72 M (USD)-156.51as on Mar 31, 2023
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Total Equity Funding
$7.5 M (USD)
in 1 rounds
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Latest Funding Round
$7.5 M (USD), Seed
May 19, 2022
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Investors
Collective Artists Network
& 28 more
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Employee Count
38
as on Apr 08, 2024
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Funding Insights of 82°E
82°E has successfully raised a total of $7.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.5 million completed in May 2022. 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 1
- Last Round Seed — $7.5M
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First Round
First Round
(19 May 2022)
- Investors Count 29
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - 82°E | Valuation | DSG Consumer Partners , Prospect Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 82°E
82°E has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Collective Artists Network, IDEO and Prospect Street. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investing in and supporting insurgent consumer brands in India and Southeast Asia.
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Founded Year | Domain | Location | |
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Private equity and debt are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 82°E
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 82E
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
82°E Comparisons
Competitors of 82°E
82°E 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 Foxtale, RAS Luxury Oils, Gabit, Conscious Chemist and World of Asaya, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online brand of skincare, face, lip, body care, and perfume products
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| domain | founded_year | HQ Location |
Online luxury beauty brand offering multi-category organic skincare products
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| domain | founded_year | HQ Location |
Wearable health trackers, skincare, nutrition, and fitness programs are provided.
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| domain | founded_year | HQ Location |
Skin care products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Skincare products tailored for darker skin tones are offered online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on 82°E
Frequently Asked Questions about 82°E
When was 82°E founded?
82°E was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is 82°E located?
82°E is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is 82°E a funded company?
82°E is a funded company, having raised a total of $7.5M across 1 funding round to date. The company's 1st funding round was a Seed of $7.5M, raised on May 19, 2022.
How many employees does 82°E have?
As of Apr 08, 2024, the latest employee count at 82°E is 38.
What is the annual revenue of 82°E?
Annual revenue of 82°E is $1.33M as on Mar 31, 2023.
What does 82°E do?
Platform offering skincare and body care products. It offers a range of cleansers, moisturizers, toners, serums, and sunscreens formulated with natural ingredients. Products are clinically tested and cater to various skin types. The product line also includes body care items such as body lotions and cleansers. A focus on simplified skincare routines is evident in the product offerings.
Who are the top competitors of 82°E?
82°E's top competitors include Foxtale, World of Asaya and Conscious Chemist.
Who are 82°E's investors?
82°E has 29 investors. Key investors include Collective Artists Network, IDEO, Prospect Street, DSG Consumer Partners, and Perfochem India.
What is 82°E's valuation?
The valuation of 82°E is $10.88M as of May 2022.
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