Carmesi

Gurugram, India Founded: 2017 • Age: 9 yrs Minicorn Acquired By Purplle
Feminine care products are offered through an internet-first brand.

About Carmesi

Carmesi is a Consumer company based in Gurugram (India) founded in 2017 by Rikshav Borah and Tanvi Johri, and was acquired by Purplle in March 2021. Feminine care products are offered through an internet-first brand. It operates in the Consumer and Healthcare sectors. Carmesi has raised $703.97 thousand across 3 funding rounds from investors including Purplle, IIFL Finance and Startup Buddy. Carmesi was last valued at $2.95 million in September 2019. Its chief executive, as recorded, is Tanvi Johri. Its website mycarmesi.com draws about 27 thousand monthly visits. Its Indian entity Elize Lifestyle Private Limited reported revenue of β‚Ή5.24 Cr. Carmesi offers products and services including Sensitive Sanitary Pads, Menstrual Cup, Natural Deodorant Roll-on, and Facial Razor. Its focus areas include Retail, Beauty Tech, Ecommerce and Personal Hygiene. Its competitors include Nua, LemmeBe and Avni Wellness; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Gurugram, India
  • Founders Rikshav Borah, Tanvi Johri
  • Stage Acquired
  • Sectors
    Consumer
    Healthcare
  • Email
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  • Phone
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  • Website mycarmesi.com
  • Social LinkedIn X Facebook
  • Acquired by Purplle (Mar 2021)
  • Legal Name Elize Lifestyle Private Limited
  • Date of Incorporation 11 Aug, 2016
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹5.24 Cr

    FY 2024 · +282% YoY

  • Net Loss
    -₹1.1 Lakh

    FY 2024 · 0% margin

  • EBITDA
    -₹1.1 Lakh

    FY 2024 · 0% margin

  • Total Equity Funding
    $703.97K (USD)

    in 3 rounds

  • Latest Funding Round
    $82.85K (USD), Seed

    Sep 2019

  • Investors
    Purplle

    & 18 more

  • Acquired by
    Purplle

    (Mar 2021)

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.

Sensitive Sanitary Pads
Hygiene Products

Rash-free pads designed for comfortable menstrual use.

Menstrual Cup
Hygiene Products

Reusable cup for menstrual collection and eco-friendly periods.

Natural Deodorant Roll-on
Self-Care Products

Gentle deodorant for sensitive skin with long-lasting fragrance.

Facial Razor
Grooming Products

Reusable razor for safe facial hair removal.

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 $703,969
  • Total Rounds 3
  • Last Round Seed β€” $82,849
  • First Round $121,120

    (Jul 2017)

  • Investors Count 18

All 3 funding rounds of Carmesi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2019$82,849Seed$2.95MRMP, Singapore Angel Network
Jun 2018$500,000Seed$1.51MSamrath Bedi, MONSOON
Jul 2017$121,120Angel Round$β€’β€’β€’β€’β€’Amit Manocha
Valuation history
DateValuationStage
Sep 2019$2.95Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2018$1.51Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.95M (Sep 2019). 19 investors in total: 7 institutional and 12 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Angel network focused on India, Singapore, and U.S based companies
sgan.sgSingapore, Singapore
Private equity firm focused on multiple sectors
Singapore, Singapore
Provider of diversified insurance services
rmpartners.co.ukLondon, United Kingdom
Online gold, home, personal, and business loans are provided.
1995iifl.comMumbai, India
Business support services are provided to startups by the company.
2015startupbuddy.co.inGurugram, India
Beauty and cosmetic products are retailed through an online platform.
2011purplle.comMumbai, India

Samrat Bedi

unknown_e1ab9431ca7c451cb

Amit Manocha

Angel investor and entrepreneur, focused on tech startups in India.
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Arun Venkatachalam

unknown_aac330ef95a84ecca

Sunil Kalra

Angel investor, mentor, and advisor to Indian startups across sectors.
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Investor details for Carmesi

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Board of directors of Elize Lifestyle Private Limited (Carmesi)

Elize Lifestyle Private Limited is the primary company behind Carmesi. The board of Elize Lifestyle Private Limited currently have 2 directors; the longest-serving is Manish Taneja, appointed in 2021. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manish Taneja
DIN 03604399
Director26 Mar 20215 yrs 7 moElize Lifestyle Private Limited
Rahul Dash
DIN 05169635
Director26 Mar 20215 yrs 7 moElize Lifestyle Private Limited

People of Carmesi

3 people are tracked at Carmesi (3 in leadership).

NameRoleGroup
Rikshav Borah
Co-FounderLeadership
Tanvi Johri
Co-Founder & CEOLeadership
Vedangi Dandwate
Head Of BrandLeadership
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Financials of Carmesi

Figures of Elize Lifestyle Private Limited, the primary company behind Carmesi, for FY 2024. Revenue was ₹5.24 Cr (+282% year on year). Net loss was -₹1.1 Lakh (0% margin). EBITDA was -₹1.1 Lakh (0% margin). Revenue has grown at a compounded annual rate of +35% over three years and +16% over five years.

  • ₹5.24 CrRevenue · FY 2024 · +282% YoY
  • -₹1.1 LakhNet loss · 0% margin
  • -₹1.1 LakhEBITDA · 0% margin
  • ₹2 LakhPaid-up capital
  • +35%Revenue CAGR, 3 years
  • +16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Elize Lifestyle Private Limited are on its company page.

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Detailed financial statements for Carmesi

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Timeline of Carmesi

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

  1. Founded Carmesi is founded.
  2. Funding First funding round of $121K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $83K.
  5. Exit Acquired by Purplle.

Competitors of Carmesi

Carmesi has 3 listed competitors in our database, 3 of them funded. They include Nua, LemmeBe and Avni Wellness.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
nuawoman.com2017Mumbai, India$22.44M71
Sanitary pads, period care, and skincare products are provided.
lemmebe.com2020Hyderabad, India$2.13M67
Online brand offering organic menstrual hygiene products
myavni.com2021Mumbai, India$115,666
Provider of reusable and disposable menstrual and intimate hygiene products
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Detailed competitors of Carmesi

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Web traffic of Carmesi

The website of Carmesi (mycarmesi.com) receives about 26.9K visits a month.

  • Monthly visits
    26.9K

    ▼ 14% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
vasseurskincare.com
vasseurskincare.com
100%
#5,308,921–
pinkwoolf.com
100%
11.6K#1,250,194View details
berkowits.com
berkowits.com
97%
#1,379,624–
plushforher.com
94%
71.3K#464,143View details
calaproduct.com
94%
680.7K#1,050,133View details
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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All 35 similar websites and full traffic analytics for Carmesi

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Top companies in Beauty & Personal Care Products

3 companies that operate in the same segment as Carmesi (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Online brand offering mens grooming products
2015Gurugram, Haryana, IndiaUSD 52.66 M
Retailer of perfumes, cosmetics, skincare, and related gift set items
2012Gurugram, Haryana, IndiaUSD 60.63 M
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Related news about Carmesi

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Frequently Asked Questions about Carmesi

Carmesi was founded in 2017.

Carmesi is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Tanvi Johri is the CEO of Carmesi, as recorded in our data. They have also founded this 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 2017.

The primary company behind Carmesi, Elize Lifestyle Private Limited, reported revenue of β‚Ή5.24 Cr for FY 2024, up 282% year on year.

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.

Carmesi's top competitors include Nua, LemmeBe and Avni Wellness.

Carmesi offers Sensitive Sanitary Pads, Menstrual Cup, Natural Deodorant Roll-on, and Facial Razor.

Carmesi has 19 investors. Key investors include Purplle, IIFL Finance, Startup Buddy, RMP, and Singapore Angel Network.

The valuation of Carmesi is $2.95M as of Sep 2019.

Carmesi operates through Elize Lifestyle Private Limited.

Yes. Carmesi was acquired by Purplle in March 2021.

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