About Akola
Akola is a company based in Dallas (United States) founded in 2004 by Brittany Merrill Underwood.. Akola offers products and services including Unlock-it Bracelet, Mod Safari Crescent Earring, Mod Safari Circle Stud Earrings, and Mod Safari Circle Necklace. Akola operates in a competitive market with competitors including Blue Nile, AUrate New York, Reign Sapphires, Enchanted Diamonds and AWE Inspired, among others.
- Headquarter Dallas, United States
- Founders Brittany Merrill Underwood
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$50 K (USD), Grant
Jun 01, 2014
- Investors
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Employee Count
Employee Count
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Products & Services of Akola
Akola offers a comprehensive portfolio of products and services, including Unlock-it Bracelet, Mod Safari Crescent Earring, Mod Safari Circle Stud Earrings, and Mod Safari Circle Necklace. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Inspirational bracelet handcrafted for women's empowerment.
Earrings made from sustainable materials for daily wear.
Stud earrings designed with ethical fashion in mind.
Necklace featuring eco-friendly elements for accessories.
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Funding Insights of Akola
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $50,000
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First Round
First Round
(01 Jun 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Grant - Akola | Valuation |
investors |
| 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 Akola
Akola has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Praxis. 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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Sector-agnostic acceleration is provided to startups by Praxis.
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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 Akola
| 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 - Akola
| 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 |
Akola Comparisons
Competitors of Akola
Akola 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 Blue Nile, AUrate New York, Reign Sapphires, Enchanted Diamonds and AWE Inspired, 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 |
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| domain | founded_year | HQ Location |
Diamond jewelry is offered online with customization options.
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| domain | founded_year | HQ Location |
Internet first brand offering fine jewellery
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| domain | founded_year | HQ Location |
Blue sapphire jewelry is ethically sourced and handmade globally.
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| domain | founded_year | HQ Location |
Functions as an online retailer of diamonds and diamond jewelry.
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| domain | founded_year | HQ Location |
Precious jewelry for women is sold via an internet-first brand.
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| domain | founded_year | HQ Location |
An online retailer specializing in gemstone rings and jewelry.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Akola
When was Akola founded?
Akola was founded in 2004 and raised its 1st funding round 10 years after it was founded.
Where is Akola located?
Akola is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Akola?
Brittany Merrill Underwood is the current CEO of Akola. They have also founded this company.
What does Akola do?
Akola was established in 2004 in Dallas, United States, as an internet-first brand within the fashion jewelry sector. Products such as earrings, necklaces, and bracelets are handcrafted from materials including horn, raffia, glass, and bone. Free shipping is extended to purchases surpassing a minimum threshold. Leadership includes Founder CEO Brittany Merrill Underwood and CEO Sheeba Philip.
Who are the top competitors of Akola?
Akola's top competitors include Blue Nile, AUrate New York and Reign Sapphires.
What products or services does Akola offer?
Akola offers Unlock-it Bracelet, Mod Safari Crescent Earring, Mod Safari Circle Stud Earrings, and Mod Safari Circle Necklace.
Who are Akola's investors?
Akola has 1 investor. Key investors include Praxis.