About Balerin
Balerin is a company based in Istanbul (Turkey) founded in 2010 by Lutfi Gunduz and Ahmet H. Marasli. It operates as a B2C, and Marketplace. Balerin offers products and services including Kadın Giyim, Elektronik, and Kozmetik. Balerin operates in a competitive market with competitors including Sosyetikavm, Eczapazar, Flavus, Kivigo and Tamara Beauty Shop, among others.
- Headquarter Istanbul, Turkey
- Founders Lutfi Gunduz, Ahmet H. Marasli
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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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- Legal Name Balerin Elektronik Ticaret A.Ş.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Balerin
Balerin offers a comprehensive portfolio of products and services, including Kadın Giyim, Elektronik, and Kozmetik. 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.
Women's clothing items for online purchase.
Various electronic devices and accessories.
Cosmetics and beauty products for daily use.
Funding Insights of Balerin
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2012 | Amount | Seed - Balerin | Valuation | 212 Vc |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Balerin
Balerin has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 212. 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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Startups at all stages are invested in by 212 VC.
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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 Balerin
| 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 - Balerin
| 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 |
Balerin Comparisons
Competitors of Balerin
Balerin 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 Sosyetikavm, Eczapazar, Flavus, Kivigo and Tamara Beauty Shop, 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 wholesale retailer of beauty, personal care, and home items.
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| domain | founded_year | HQ Location |
Online platform for purchasing cosmetics, supplements, and beauty items worldwide.
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| domain | founded_year | HQ Location |
Online retailer specializing in Korean cosmetics, skincare, and beauty products.
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| domain | founded_year | HQ Location |
Personal care products including skincare and perfumes are retailed online.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in multi-category beauty products.
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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 Balerin
When was Balerin founded?
Balerin was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Balerin located?
Balerin is headquartered in Istanbul, Turkey.
Who is the current CEO of Balerin?
Ahmet H. Marasli is the current CEO of Balerin. They have also founded this company.
What does Balerin do?
Balerin.com operates as an e-commerce website in Turkey, providing a platform for users to purchase a wide range of products including fashion, electronics, cosmetics, and household items. It facilitates online shopping through categorized listings, secure payments, and delivery services. The site supports individual consumers and allows sellers to list products, emphasizing ease of use and returns. Based in Turkey, it serves domestic customers with diverse retail options.
Who are the top competitors of Balerin?
Balerin's top competitors include Kivigo, Sosyetikavm and Eczapazar.
What products or services does Balerin offer?
Balerin offers Kadın Giyim, Elektronik, and Kozmetik.
Who are Balerin's investors?
Balerin has 1 investor. Key investors include 212.