Bio-essence

Singapore Founded: 1985 • Age: 41 yrs Acquired By Wipro
Skin care products for repair and rejuvenation are sold online.

About Bio-essence

Bio-essence is a company based in Singapore founded in 1985 by Tor Lam Huat was acquired by Wipro in December 2012.. Bio-essence offers products and services including Bio-VLift Face Lifting Cream, Bio-Water B5 Micellar Water, Bio-Renew Exfoliating Gel, Bio-Bird’s Nest Collagen Night Mask, and Bio-Gold 24K Gold Rose Gold Water. Bio-essence operates in a competitive market with competitors including NU Skin, LR Health & Beauty Systems, Obagi Cosmeceuticals, Banana Boat and Paula's Choice, among others.

  • Headquarter Singapore
  • Founders Tor Lam Huat
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wipro Consumer Care Singapore Pte. Ltd
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
    $17.06 M (USD)
    145
    as on Mar 31, 2023
  • Net Profit
    $3.38 M (USD)
    588
    as on Mar 31, 2023
  • EBITDA
    $3.38 M (USD)
    588
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Wipro

    (Dec 10, 2012)

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Products & Services of Bio-essence

Bio-essence offers a comprehensive portfolio of products and services, including Bio-VLift Face Lifting Cream, Bio-Water B5 Micellar Water, Bio-Renew Exfoliating Gel, Bio-Bird’s Nest Collagen Night Mask, and Bio-Gold 24K Gold Rose Gold Water. 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.

Primary

Cream for firming and lifting facial skin to reduce sagging and wrinkles

Micellar water for effective makeup removal and skin cleansing

Gel to exfoliate and renew skin for smoother texture and radiance

Night mask with collagen for overnight skin repair and hydration

Serum with gold for brightening and nourishing the skin surface

Funding Insights of Bio-essence

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bio-essence

Bio-essence has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wipro. 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.

All
Institutional
Investor Description Founded Year Domain Location
Wipro is recognized as a consulting-led, AI-powered technology services company.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bio-essence

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bio-essence

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bio-Essence Comparisons

Employees
+
Add Comparison
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Competitors of Bio-essence

Bio-essence 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 NU Skin, LR Health & Beauty Systems, Obagi Cosmeceuticals, Banana Boat and Paula's Choice, 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
Manufacturer of anti-aging products
domain founded_year HQ Location
Manufacturer and distributor of health and beauty products via social commerce
domain founded_year HQ Location
Skin care products are developed and distributed by Obagi Cosmeceuticals.
domain founded_year HQ Location
Sunscreen and skin care products are provided by Banana Boat.
domain founded_year HQ Location
Skincare and cosmetics are distributed globally by Seattle-based Paula's Choice.
domain founded_year HQ Location
Wearable health trackers, skincare, nutrition, and fitness programs are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bio-Essence

Frequently Asked Questions about Bio-essence

When was Bio-essence founded?

Bio-essence was founded in 1985.

Where is Bio-essence located?

Bio-essence is headquartered in Singapore.

What is the annual revenue of Bio-essence?

Annual revenue of Bio-essence is $17.06M as on Mar 31, 2023.

What does Bio-essence do?

Bio-essence was founded in 1985 in Singapore and operates as an internet-first brand within the skin care sector. Products are developed to support the skins natural repair and rejuvenation processes. Operations focus on direct-to-consumer sales through digital channels. A key offering, the Bio-Vlift Face Lifting Cream, is formulated to deliver firming effects and improve skin contours. The company is headquartered in Singapore, with emphasis placed on accessible skin care solutions.

Who are the top competitors of Bio-essence?

Bio-essence's top competitors include NU Skin, LR Health & Beauty Systems and Paula's Choice.

What products or services does Bio-essence offer?

Bio-essence offers Bio-VLift Face Lifting Cream, Bio-Water B5 Micellar Water, Bio-Renew Exfoliating Gel, Bio-Bird’s Nest Collagen Night Mask, and Bio-Gold 24K Gold Rose Gold Water.

Who are Bio-essence's investors?

Bio-essence has 1 investor. Key investors include Wipro.

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