BECO

Mumbai, India Founded: 2018 • Age: 8 yrs Minicorn
Eco-friendly home, kitchen, and personal care products are provided online.

About BECO

BECO is a Retail company based in Mumbai (India) founded in 2018 by Anuj Ruia, Aditya Ruia, and Akshay Varma. Eco-friendly home, kitchen, and personal care products are provided online. It operates in the Retail and Consumer sectors. BECO has raised $14 million across 4 funding rounds from investors including Angel List, Wellfound and LetsVenture. The company has 84 employees. BECO was last valued at $18.81 million in July 2024. Its website letsbeco.com draws about 97 thousand monthly visits. Its Indian entity Kwick Living (I) Private Limited reported revenue of β‚Ή111 Cr. BECO offers products and services including Reusable Bamboo Kitchen Towel, Natural Floor Cleaner, Compostable Garbage Bags, Natural Dishwash Liquid, and Bamboo Facial Tissues. Its focus areas include Home Care E-Commerce, Multi Category, Natural and Internet First Brand. Its competitors include Happi Planet, BubbleNutWash and Cleevo; 3 of its 3 listed competitors have raised funding.

Company details

BECO was founded in 2018 and is headquartered in Mumbai, India. Operations focus on the eco-friendly consumer goods sector as an internet-first brand. Bamboo-based items such as kitchen towels, home cleaners, charcoal toothbrushes, garbage bags, tissues, and organic baking papers are offered. Personal care and household essentials are distributed through the online domain letsbeco.com.

  • Headquarters Mumbai, India
  • Employees 84
  • Founders Anuj Ruia, Aditya Ruia, Akshay Varma
  • Stage Minicorn
  • Sectors
    Retail
    Consumer
  • Website category Food and Drink · Restaurants and Delivery
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website letsbeco.com
  • Social LinkedIn Facebook
  • Legal Name Kwick Living (I) Private Limited
  • Date of Incorporation 01 Mar, 2017
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹111 Cr

    FY 2025 · +123% YoY

  • Net Loss
    -₹21.67 Cr

    FY 2025 · -20% margin

  • EBITDA
    -₹24.21 Cr

    FY 2025 · -22% margin

  • Total Equity Funding
    $14M (USD)

    in 4 rounds

  • Latest Funding Round
    $10M (USD), Series A

    Jul 2024

  • Investors
    Angel List

    & 68 more

  • Employee Count
    84

Products & Services of BECO

BECO offers a comprehensive portfolio of products and services, including Reusable Bamboo Kitchen Towel, Natural Floor Cleaner, Compostable Garbage Bags, Natural Dishwash Liquid, and Bamboo Facial Tissues.

Reusable Bamboo Kitchen Towel
Household Products

Eco-friendly towel for reusable kitchen cleaning purposes.

Natural Floor Cleaner
Cleaning Products

Liquid cleaner made from natural ingredients for floor maintenance.

Compostable Garbage Bags
Waste Management

Biodegradable bags designed for eco-friendly waste disposal.

Natural Dishwash Liquid
Cleaning Products

Non-toxic liquid for effective dishwashing and grease removal.

Bamboo Facial Tissues
Personal Care

Sustainable tissues made from bamboo for daily hygiene use.

Aloe Infused Bamboo Wet Wipes
Personal Care

Moist wipes with aloe for gentle skin cleaning and refreshment.

Funding Insights of BECO

BECO has successfully raised a total of $14M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in July 2024. 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 $14M
  • Total Rounds 4
  • Last Round Series A β€” $10M
  • First Round $543,289

    (Apr 2021)

  • Investors Count 69

All 4 funding rounds of BECO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2024$10MSeries A$18.81MTanglin Venture Partners
Nov 2023$456,608Series A$10.87MRukam Capital
–
Aug 2022$3MSeries A$β€’β€’β€’β€’β€’Rukam Capital, Better Capital
Apr 2021$543,289Seed$β€’β€’β€’β€’β€’Climate Angels, Wellfound
Valuation history
DateValuationStage
Jul 2024$18.81Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2023$10.87Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2022$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Apr 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $18.81M (Jul 2024). 69 investors in total: 25 institutional and 44 angel.

Investors in BECO

BECO has secured backing from 69 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and LetsVenture.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage investment in consumer brands, focusing on bold ideas and founders.
2019rukamcapital.comDelhi, India
Early-stage companies are invested in by Better Capital.
bettercapital.vcSanta Clara, United States
Investments are made in early-stage companies by Titan Capital.
titancapital.vcGurugram, India
Venture capital firm focused on early stage companies
kpfoventures.comMumbai, India
Climate tech companies are funded via specialized angel networks.
climateangels.inGurugram, India
Climate innovation network building, startup support, and investment facilitation in environmental sectors.
2017gomassive.inNoida, India
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com
Independent VC firm
tanglinvp.comSingapore, Singapore
Investment in technology-enabled enterprises is facilitated by Inoventures.
inoventures.inMumbai, India
intersectionventures.vc
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Investor details for BECO

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Board of directors of Kwick Living (I) Private Limited (BECO)

Kwick Living (I) Private Limited is the primary company behind BECO. The board of Kwick Living (I) Private Limited currently have 4 directors; the longest-serving is Aditya Sanjay Ruia, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Aditya Sanjay Ruia
DIN 06986108
Director01 Mar 20179 yrs 7 moKwick Living (I) Private Limited
Anuj Surendra Ruia
DIN 06986175
Director01 Mar 20179 yrs 7 moKwick Living (I) Private Limited
Akshaykumar Anilkumar Varma
DIN 07474209
Director29 Aug 20188 yrs 1 moKwick Living (I) Private Limited
Shiv Kapoor
DIN 07401535
Nominee Director25 Apr 20251 yr 5 moKwick Living (I) Private Limited

People of BECO

3 people are tracked at BECO (3 in leadership); the tracked headcount is 84.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Akshay Varma
Co-FounderLeadership
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Financials of BECO

Figures of Kwick Living (I) Private Limited, the primary company behind BECO, for FY 2025. Revenue was ₹111 Cr (+123% year on year). Net loss was -₹21.67 Cr (-20% margin). EBITDA was -₹24.21 Cr (-22% margin). Revenue has grown at a compounded annual rate of +120% over three years.

  • ₹111 CrRevenue · FY 2025 · +123% YoY
  • -₹21.67 CrNet loss · -20% margin
  • -₹24.21 CrEBITDA · -22% margin
  • ₹3.7 LakhPaid-up capital
  • 84Employees (provident fund records)
  • +120%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Kwick Living (I) Private Limited are on its company page.

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Timeline of BECO

4 dated milestones of BECO across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded BECO is founded.
  2. Funding First funding round of $543K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $10.0M.

Competitors of BECO

BECO has 3 listed competitors in our database, 3 of them funded. They include Happi Planet, BubbleNutWash and Cleevo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happi-planet.com2021Mumbai, India$3.17M10
Eco-friendly home cleaners are supplied by Happi Planet.
bubblenutwash.com2015Bengaluru, India$102,437
Laundry detergents and cleaning products are made from soapnuts.
getcleevo.com2023Nashik, India$1.2M
Eco-friendly natural home cleaning products are sold online.
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Detailed competitors of BECO

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Web traffic of BECO

The website of BECO (letsbeco.com) receives about 96.5K visits a month and ranks #474,556 among all websites worldwide, #3,649 in Restaurants and Delivery.

  • Monthly visits
    96.5K

    ▲ 18.3% vs previous month

  • Unique visitors
    43.2K

    per month

  • Global rank
    #474,556

    among all websites

  • Category rank
    #3,649

    Food and Drink · Restaurants and Delivery

Similar websites

Websites whose visitors overlap most with BECO. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
herbalstrategi.com
100%
13.9K#1,912,981View details
bbassets.com
bbassets.com
93%
#1,239,396–
uclean.in
93%
35.3K#952,521View details
mysurusandal.co.in
93%
19.7K#1,087,610View details
naturbag.com
naturbag.com
56%
#4,576,018–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Food & Grocery Retail

3 companies that operate in the same segment as BECO (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Personal and household products are delivered via an e-commerce platform.
2011Bengaluru, Karnataka, IndiaUSD 943.07 MUSD 1.17 B22,095
Instant delivery of groceries and essentials is facilitated online.
2013Gurugram, Haryana, IndiaUSD 757.52 M11,913
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Related news about Beco

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Articles about BECO on our blog

Frequently Asked Questions about BECO

BECO was founded in 2018 and raised its 1st funding round 3 years after it was founded.

BECO is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

BECO is a funded company, having raised a total of $14M across 4 funding rounds to date. The company's 1st funding round was a Seed of $543.29K, raised on Apr 2021.

BECO has 84 employees.

The primary company behind BECO, Kwick Living (I) Private Limited, reported revenue of β‚Ή111 Cr for FY 2025, up 123% year on year.

BECO was founded in 2018 and is headquartered in Mumbai, India. Operations focus on the eco-friendly consumer goods sector as an internet-first brand. Bamboo-based items such as kitchen towels, home cleaners, charcoal toothbrushes, garbage bags, tissues, and organic baking papers are offered. Personal care and household essentials are distributed through the online domain letsbeco.com.

BECO's top competitors include Cleevo, Happi Planet and BubbleNutWash.

BECO offers Reusable Bamboo Kitchen Towel, Natural Floor Cleaner, Compostable Garbage Bags, Natural Dishwash Liquid, and 2 more products and services.

BECO has 69 investors. Key investors include Angel List, Wellfound, LetsVenture, Koenig Solutions, and Kolte Patil Developers.

The valuation of BECO is $18.81M as of Jul 2024.

BECO operates through Kwick Living (I) Private Limited.

The legal entities of BECO currently have 4 directors, including Aditya Sanjay Ruia, Anuj Surendra Ruia, Akshaykumar Anilkumar Varma and others.

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