About Carmesi
Carmesi is a company based in Gurugram (India) founded in 2017 by Rikshav Borah and Tanvi Johri was acquired by Purplle in March 2021.. Carmesi has raised $703.97 thousand across 3 funding rounds from investors including Purplle, IIFL Finance and Startup Buddy. Carmesi offers products and services including Sensitive Sanitary Pads, Menstrual Cup, Natural Deodorant Roll-on, and Facial Razor. Carmesi operates in a competitive market with competitors including Nua, LemmeBe, Sparkle, Avni Wellness and everteen, among others.
- Headquarter Gurugram, India
- Founders Rikshav Borah, Tanvi Johri
- Stage Minicorn
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Sectors
ConsumerHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Elize Lifestyle Private Limited
- Date of Incorporation 11 Aug, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$164.95 K (USD)21.34as on Mar 31, 2023
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Net Profit
$-6.74 K (USD)-87.65as on Mar 31, 2023
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EBITDA
$-8.2 K (USD)43.72as on Mar 31, 2023
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Total Equity Funding
$703.97 K (USD)
in 3 rounds
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Latest Funding Round
$82.85 K (USD), Seed
Sep 13, 2019
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Investors
Purplle
& 18 more
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Employee Count
Employee Count
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Acquired by
Purplle
(Mar 31, 2021)
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Products & Services of Carmesi
Carmesi offers a comprehensive portfolio of products and services, including Sensitive Sanitary Pads, Menstrual Cup, Natural Deodorant Roll-on, and Facial Razor. 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.
Rash-free pads designed for comfortable menstrual use.
Reusable cup for menstrual collection and eco-friendly periods.
Gentle deodorant for sensitive skin with long-lasting fragrance.
Reusable razor for safe facial hair removal.
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Funding Insights of Carmesi
Carmesi has successfully raised a total of $703.97K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $82.85 thousand completed in September 2019. 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 3
- Last Round Seed — $82,849
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First Round
First Round
(17 Jul 2017)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Carmesi | Valuation | RMP , Singapore Angel Network | |
| Jun, 2018 | Amount | Seed - Carmesi | Valuation | Samrath Bedi , MONSOON | |
| Jul, 2017 | Amount | Angel Round - Carmesi | Valuation | Amit Manocha |
| 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 Carmesi
Carmesi has secured backing from 19 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Purplle, IIFL Finance and Startup Buddy. 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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Angel network focused on India, Singapore, and U.S based companies
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Provider of diversified insurance services
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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 Carmesi
| 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 - Carmesi
| 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 |
Carmesi Comparisons
Competitors of Carmesi
Carmesi 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 Nua, LemmeBe, Sparkle, Avni Wellness and everteen, 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 |
Sanitary pads, period care, and skincare products are provided.
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| domain | founded_year | HQ Location |
Online brand offering organic menstrual hygiene products
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| domain | founded_year | HQ Location |
Digital banking services are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Provider of reusable and disposable menstrual and intimate hygiene products
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| domain | founded_year | HQ Location |
Feminine intimate hygiene products are offered by everteen brand.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Carmesi
Frequently Asked Questions about Carmesi
When was Carmesi founded?
Carmesi was founded in 2017.
Where is Carmesi located?
Carmesi is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Carmesi?
Tanvi Johri is the current CEO of Carmesi. They have also founded this company.
Is Carmesi a funded company?
Carmesi is a funded company, having raised a total of $703.97K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $121.12K, raised on Jul 17, 2017.
What is the annual revenue of Carmesi?
Annual revenue of Carmesi is $164.95K as on Mar 31, 2023.
What does Carmesi do?
Carmesi was founded in 2017 in Gurugram, India, as an internet-first brand within the feminine care sector. Products such as razors, trimmers, shaving gels, facial and hair removal creams, sanitary pads, and stain removers are provided via online channels. Operations center on addressing grooming and period needs for women, with a catalog emphasizing accessibility and essentials in the Indian market.
What products or services does Carmesi offer?
Carmesi offers Sensitive Sanitary Pads, Menstrual Cup, Natural Deodorant Roll-on, and Facial Razor.
Who are Carmesi's investors?
Carmesi has 19 investors. Key investors include Purplle, IIFL Finance, Startup Buddy, RMP, and Singapore Angel Network.
What is Carmesi's valuation?
The valuation of Carmesi is $2.95M as of Sep 2019.
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