About Comet
Comet is a company based in Bengaluru (India) founded in 2023 by Dishant Daryani and Utkarsh Gupta. It operates as a Direct-to-Consumer (D2C). Comet has raised $6.57 million across 2 funding rounds from investors including Angel List, Nexus Venture Partners and Elevation Capital. The company has 10 employees as of April 04, 2024. Comet offers products and services including Aeon v2 AFFOGATO, Alter FRENCHMAN, and X Lows SAFARI. Comet operates in a competitive market with competitors including RapidBox, Neeman's, CHK, Joybean Shoes and Funkfeets, among others.
- Headquarter Bengaluru, India
- Employees 10 as on 04 Apr, 2024
- Founders Dishant Daryani, Utkarsh Gupta
- Stage Minicorn
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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 Grails Marketing Private Limited
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$7.08 K (USD)0as on Mar 31, 2023
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Net Profit
-$61.58 K (USD)0as on Mar 31, 2023
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EBITDA
-$68.52 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$6.57 M (USD)
in 2 rounds
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Latest Funding Round
$5.08 M (USD), Series A
May 22, 2024
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Investors
Angel List
& 2 more
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Employee Count
10
as on Apr 04, 2024
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Products & Services of Comet
Comet offers a comprehensive portfolio of products and services, including Aeon v2 AFFOGATO, Alter FRENCHMAN, and X Lows SAFARI.
Sneakers designed for comfort and versatile style daily.
Sneakers crafted for premium look and everyday wear.
Designer sneakers made for unique style and comfort.
People of Comet
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Funding Insights of Comet
Comet has successfully raised a total of $6.57M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.08 million completed in May 2024. 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.
Investors in Comet
Comet has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Angel List, Nexus Venture Partners and Elevation Capital.
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Elevation Capital is focused on early-stage tech investments in India.
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Alternative investment platform for startups and investors is operated.
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Investor details for Comet
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Comet
Investment portfolio details for Comet
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Financial Statements - Comet
Detailed financials for Comet
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Comet Comparisons
Peer comparison for Comet
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Competitors of Comet
Comet 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 RapidBox, Neeman's, CHK, Joybean Shoes and Funkfeets, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category fashion products and sneakers are sold online.
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Eco-friendly footwear is provided online by Neeman's.
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Streetwear-inspired sneakers are provided through a direct-to-consumer platform.
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An e-commerce platform offering a range of shoes for men and women
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Internet first brand offering footwear for women and men
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Detailed competitors of Comet
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Latest news on Comet
Complete news archive for Comet
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Frequently Asked Questions about Comet
Comet was founded in 2023.
Comet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Comet is a funded company, having raised a total of $6.57M across 2 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Comet is 10.
Annual revenue of Comet is $7.08K as on Mar 31, 2023.
Comet is focused on the design and sale of sneakers for men and women through an online platform. The company operates in the consumer goods sector, specializing in footwear with a range of products like Aeon, Alter, and X Lows. Various styles and colors are offered to cater to diverse customer preferences. Emphasis is placed on comfort and minimal design, ensuring suitability for daily wear. Additional accessories and gift cards are provided to enhance the shopping experience. The business is headquartered in Bengaluru, India, with multiple store locations across the country and internationally.
Comet offers Aeon v2 AFFOGATO, Alter FRENCHMAN, and X Lows SAFARI.
Comet has 3 investors. Key investors include Angel List, Nexus Venture Partners, and Elevation Capital.
The valuation of Comet is $19.65M as of May 2024.