About Alle
Alle is a company based in Bengaluru (India) founded in 2023 by Pavan Patil, Harshit Madan, and Prateek Agarwal.. Alle has raised $3.01 million across 1 funding round from investors including Bharat Founders Fund, Elevation Capital and The Singhal Childern. The company has 1 employees as of September 13, 2024. Alle offers products and services including Alle App, Fashion Suggestions, and Shopping Feature. Alle operates in a competitive market with competitors including Fashmates, Mys Tyler, Covet Fashion, STYLEBOT and CAPSULE, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 13 Sep, 2024
- Founders Pavan Patil, Harshit Madan, Prateek Agarwal
- Stage Minicorn
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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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- Legal Name Styleclay Technologies Private Limited
- Date of Incorporation 04 Jan, 2023
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.01 M (USD)
in 1 rounds
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Latest Funding Round
$3.01 M (USD), Seed
Dec 04, 2023
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Investors
Bharat Founders Fund
& 5 more
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Employee Count
1
as on Sep 13, 2024
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Products & Services of Alle
Alle offers a comprehensive portfolio of products and services, including Alle App, Fashion Suggestions, and Shopping Feature. 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.
Provides personalized fashion advice and direct shopping options.
Offers AI-based outfit ideas and styling inspiration for users.
Enables discovery and purchase of products from multiple brands.
Funding Insights of Alle
Alle has successfully raised a total of $3.01M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.01 million completed in December 2023. 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 — $3.0M
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First Round
First Round
(04 Dec 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Alle | Valuation | Elevation Capital , Bharat Founders Fund |
| 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 Alle
Alle has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bharat Founders Fund, Elevation Capital and The Singhal Childern. 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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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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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 Alle
| 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 - Alle
| 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 |
Alle Comparisons
Competitors of Alle
Alle 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 Fashmates, Mys Tyler, Covet Fashion, STYLEBOT and CAPSULE, 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 social platform for fashion enthusiasts
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| domain | founded_year | HQ Location |
Mobile app based fashion community platform for looks
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| domain | founded_year | HQ Location |
Mobile game for virtual fashion styling, daily challenges, and brand partnerships.
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| domain | founded_year | HQ Location |
App-based platform offering personal stylist services
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| domain | founded_year | HQ Location |
Digital wardrobes are created and organized through a mobile app.
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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 Alle
When was Alle founded?
Alle was founded in 2023.
Where is Alle located?
Alle is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Alle a funded company?
Alle is a funded company, having raised a total of $3.01M across 1 funding round to date. The company's 1st funding round was a Seed of $3.01M, raised on Dec 04, 2023.
How many employees does Alle have?
As of Sep 13, 2024, the latest employee count at Alle is 1.
What does Alle do?
Founded in 2023 in Bengaluru, India, Alle functions as a mobile platform in the fashion technology sector. AI is employed to support users shopping and purchase choices through personalized recommendations. Services such as outfit suggestions, fit evaluations, and direct shopping features are included. Availability is limited to Android devices, with operations centered in India.
Who are the top competitors of Alle?
What products or services does Alle offer?
Alle offers Alle App, Fashion Suggestions, and Shopping Feature.
Who are Alle's investors?
Alle has 6 investors. Key investors include Bharat Founders Fund, Elevation Capital, The Singhal Childern, Vidit Aatrey, and Mukund Kulashekaran.
What is Alle's valuation?
The valuation of Alle is $11.99M as of Dec 2023.