About CherishX
CherishX is a company based in Delhi (India) founded in 2015 by Yogesh Yadav, Mayank Singhania, and Ichchit Agrawal.. CherishX has raised $61.44 thousand across 2 funding rounds from investors including Vandana Kohli and FbStart. The company has 23 employees as of March 24, 2024. CherishX operates in a competitive market with competitors including Emaacity, FunCart, Instaparty, Birthday Bash and Bash Basics, among others.
- Headquarter Delhi, India
- Employees 23 as on 24 Mar, 2024
- Founders Yogesh Yadav, Mayank Singhania, Ichchit Agrawal
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Infureka Technologies Private Limited
- Date of Incorporation 02 Mar, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.1 M (USD)90.61as on Mar 31, 2023
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Net Profit
$14.77 K (USD)-44.62as on Mar 31, 2023
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EBITDA
$15.76 K (USD)399.37as on Mar 31, 2023
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Total Equity Funding
$61.44 K (USD)
in 2 rounds
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Latest Funding Round
$61.44 K (USD), Angel Round
Nov 28, 2018
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Investors
FbStart
& 1 more
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Employee Count
23
as on Mar 24, 2024
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Funding Insights of CherishX
CherishX has successfully raised a total of $61.44K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $61.44 thousand completed in November 2018. 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 2
- Last Round Angel Round — $61,442
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First Round
First Round
(06 Mar 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Angel Round - CherishX | Valuation | Vandana Kohli |
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| Mar, 2017 | Amount | Grant - CherishX | Valuation |
investors |
| 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 CherishX
CherishX has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Vandana Kohli and FbStart. 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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Sector agnostic startup accelerator backed by Facebook
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Founded Year | Domain | Location | |
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VK
Vandana Kohli |
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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 CherishX
| 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 - CherishX
| 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 |
Cherishx Comparisons
Competitors of CherishX
CherishX 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 Emaacity, FunCart, Instaparty, Birthday Bash and Bash Basics, 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 retailer offering toys, gifts, electronics, and party decorations for consumers.
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| domain | founded_year | HQ Location |
Party supplies are retailed online via FunCart platform.
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| domain | founded_year | HQ Location |
Operates an e-commerce store specializing in party supplies.
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| domain | founded_year | HQ Location |
An e-commerce platform offering a wide range of party supplies.
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| domain | founded_year | HQ Location |
E-commerce platform offering a wide range of party supplies.
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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 Cherishx
Frequently Asked Questions about CherishX
When was CherishX founded?
CherishX was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is CherishX located?
CherishX is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of CherishX?
Yogesh Yadav is the current CEO of CherishX. They have also founded this company.
Is CherishX a funded company?
CherishX is a funded company, having raised a total of $61.44K across 2 funding rounds to date. The company's 1st funding round was a Grant of $40K, raised on Mar 06, 2017.
How many employees does CherishX have?
As of Mar 24, 2024, the latest employee count at CherishX is 23.
What is the annual revenue of CherishX?
Annual revenue of CherishX is $1.1M as on Mar 31, 2023.
What does CherishX do?
CherishX was founded in 2015 in Delhi, India, as an online platform in the travel and leisure sector. Various experiences, including dining outings, games, sports lessons, private movie screenings, horse riding, and luxury car rentals, are offered for discovery and booking. Reservations are completed online with payments processed through the platform, which is accessible via iOS and Android applications.
Who are the top competitors of CherishX?
CherishX's top competitors include FunCart, Instaparty and Birthday Bash.
Who are CherishX's investors?
CherishX has 2 investors. Key investors include Vandana Kohli, and FbStart.
What is CherishX's valuation?
The valuation of CherishX is $968.21K as of Nov 2018.