Coccoon

Mumbai, India Founded: 2015 • Age: 11 yrs Acquired By 1908 E-Ventures
Dermatologically approved skin care products are offered by Coccoon.

About Coccoon

Coccoon is a Consumer company based in Mumbai (India) founded in 2015 by Mohit Lalvani, and was acquired by 1908 E-Ventures in March 2022. Dermatologically approved skin care products are offered by Coccoon. Coccoon has raised $2 million across 1 funding round from investors including Roots Ventures and 1908 E-Ventures. The company has 2 employees. Its chief executive, as recorded, is Nanda Asudani. Its Indian entity Em & Em Personal Care Private Limited reported revenue of β‚Ή22.65 Cr. Its focus areas include Consumer Goods, Beauty & Personal Care Products, Skin Care and Multi-Category. Its competitors include Foxtale, World of Asaya and Conscious Chemist; 3 of its 3 listed competitors have raised funding.

Company details

Coccoon was founded in 2015 in Mumbai, India, as a brand in the skin care sector. Products, including non-comedogenic wrinkle concealers, night serums, and multi-purpose creams for anti-aging and sun protection, are developed in an in-house RD lab. Ingredients such as Kakadu plum, green tea, and Retinyl Palmitate are incorporated. As of January 2018, sales are conducted exclusively through Amazon and Nykaa.com, targeting both men and women.

Key Metrics
  • Annual Revenue
    ₹22.65 Cr

    FY 2023 · +99% YoY

  • Net Profit
    ₹8.66 Cr

    FY 2023 · 38% margin

  • EBITDA
    -₹7.94 Cr

    FY 2023 · -35% margin

  • Total Equity Funding
    $2M (USD)

    in 1 rounds

  • Latest Funding Round
    $2M (USD), Seed

    Feb 2022

  • Investors
  • Employee Count
    2
  • Acquired by

Funding Insights of Coccoon

Coccoon has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in February 2022. 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 $2M
  • Total Rounds 1
  • Last Round Seed β€” $2M
  • First Round $2M

    (Feb 2022)

  • Investors Count 1

All 1 funding rounds of Coccoon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$2MSeed––
Valuation history

2 investors in total: 2 institutional.

Investors in Coccoon

Coccoon has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Roots Ventures and 1908 E-Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital investments conducted in a sector-agnostic manner.
2018roots-ventures.comGurugram, India
Cosmetics and beauty products are wholesaled in India.
19081908eventures.comMumbai, India
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Investor details for Coccoon

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Board of directors of Em & Em Personal Care Private Limited (Coccoon)

Em & Em Personal Care Private Limited is the primary company behind Coccoon. The board of Em & Em Personal Care Private Limited currently have 3 directors; the longest-serving is Mohit Lalvani Manmohan, appointed in 2014. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mohit Lalvani Manmohan
DIN 01642051
Director30 Jan 201412 yrs 8 moEm & Em Personal Care Private Limited
Ajay Mehta Kantilal
DIN 05211051
Company Secretary01 Oct 20179 yrsEm & Em Personal Care Private Limited
Mumtaz Lalvani Mohit
DIN 06374456
Director15 Feb 20242 yrs 8 moEm & Em Personal Care Private Limited

People of Coccoon

2 people are tracked at Coccoon (2 in leadership); the tracked headcount is 2.

NameRoleGroup
Founder & MDLeadership
Nanda Asudani
CEOLeadership
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Financials of Coccoon

Figures of Em & Em Personal Care Private Limited, the primary company behind Coccoon, for FY 2023. Revenue was ₹22.65 Cr (+99% year on year). Net profit was ₹8.66 Cr (38% margin). EBITDA was -₹7.94 Cr (-35% margin). Revenue has grown at a compounded annual rate of +91% over three years and +105% over five years.

  • ₹22.65 CrRevenue · FY 2023 · +99% YoY
  • ₹8.66 CrNet profit · 38% margin
  • -₹7.94 CrEBITDA · -35% margin
  • ₹26.32 CrPaid-up capital
  • 2Employees (provident fund records)
  • +91%Revenue CAGR, 3 years
  • +105%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Em & Em Personal Care Private Limited are on its company page.

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Detailed financial statements for Coccoon

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Timeline of Coccoon

3 dated milestones of Coccoon across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Coccoon is founded.
  2. Funding First funding round of $2.0M.
  3. Exit Acquired by 1908 E-Ventures.

Competitors of Coccoon

Coccoon has 3 listed competitors in our database, 3 of them funded. They include Foxtale, World of Asaya and Conscious Chemist.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
foxtale.in2021Mumbai, India$57.45M308
Online brand of skincare, face, lip, body care, and perfume products
worldofasaya.com2021Bengaluru, India$5.73M
Skincare products tailored for darker skin tones are offered online.
consciouschemist.com2019Gurugram, India$2.02M39
Skin care products are offered via an internet-first brand.
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Detailed competitors of Coccoon

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Top companies in Beauty & Personal Care Products

3 companies that operate in the same segment as Coccoon (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 58.54 M
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Related news about Coccoon

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Frequently Asked Questions about Coccoon

Coccoon was founded in 2015 and raised its 1st funding round 7 years after it was founded.

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

Nanda Asudani is the CEO of Coccoon, as recorded in our data.

Coccoon is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Feb 2022.

Coccoon has 2 employees.

The primary company behind Coccoon, Em & Em Personal Care Private Limited, reported revenue of β‚Ή22.65 Cr for FY 2023, up 99% year on year.

Coccoon was founded in 2015 in Mumbai, India, as a brand in the skin care sector. Products, including non-comedogenic wrinkle concealers, night serums, and multi-purpose creams for anti-aging and sun protection, are developed in an in-house RD lab. Ingredients such as Kakadu plum, green tea, and Retinyl Palmitate are incorporated. As of January 2018, sales are conducted exclusively through Amazon and Nykaa.com, targeting both men and women.

Coccoon's top competitors include Foxtale, World of Asaya and Conscious Chemist.

Coccoon has 2 investors. Key investors include Roots Ventures, and 1908 E-Ventures.

Coccoon operates through Em & Em Personal Care Private Limited.

Yes. Coccoon was acquired by 1908 E-Ventures in March 2022.

The legal entities of Coccoon currently have 3 directors, including Mohit Lalvani Manmohan, Ajay Mehta Kantilal, Mumtaz Lalvani Mohit.

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