About Creme Castle
Creme Castle is a company based in Noida (India) founded in 2013 by Veena Mittal and Pranjay Mittal. It operates as a Direct-to-Consumer (D2C), and On-Demand Services. Creme Castle has raised $838.01 thousand across 1 funding round from investors including Angel List, GirnarSOFT and V3 Ventures. The company has 3 employees as of April 09, 2024. Creme Castle offers products and services including Custom Cakes, Classic Cakes, and Desserts. Creme Castle operates in a competitive market with competitors including The Belgian Waffle, Bakingo, 99 Pancakes, Mimansa Industries and Hira Sweets, among others.
- Headquarter Noida, India
- Employees 3 as on 09 Apr, 2024
- Founders Veena Mittal, Pranjay Mittal
- Stage Minicorn
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Sectors
Consumer
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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 Cremetech Tailored Foods Private Limited
- Date of Incorporation 02 Jul, 2021
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$868.56 K (USD)0as on Mar 31, 2023
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Net Profit
$28.42 K (USD)0as on Mar 31, 2023
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EBITDA
$47.24 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$838.01 K (USD)
in 1 rounds
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Latest Funding Round
$838.01 K (USD), Seed
Apr 25, 2024
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Investors
Angel List
& 9 more
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Employee Count
3
as on Apr 09, 2024
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Products & Services of Creme Castle
Creme Castle offers a comprehensive portfolio of products and services, including Custom Cakes, Classic Cakes, and Desserts. 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.
Custom cakes are designed for various celebratory occasions.
Classic cakes are offered in various traditional flavors.
Desserts are provided to complement celebratory cake orders.
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Funding Insights of Creme Castle
Creme Castle has successfully raised a total of $838.01K through 1 strategic funding round. The most recent funding activity was a Seed round of $838.01 thousand completed in April 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $838,005
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First Round
First Round
(25 Apr 2024)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Creme Castle | 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 Creme Castle
Creme Castle has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, GirnarSOFT and V3 Ventures. 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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Investments are directed by V3 Ventures toward early-stage consumer startups.
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Founded Year | Domain | Location | |
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Single family office of a Belgian family focused on multiple industries
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Founded Year | Domain | Location | |
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A platform focused on Indian startup ecosystem insights.
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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 Creme Castle
| 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 - Creme Castle
| 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 |
Creme Castle Comparisons
Competitors of Creme Castle
Creme Castle 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 The Belgian Waffle, Bakingo, 99 Pancakes, Mimansa Industries and Hira Sweets, 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 |
Food franchise specializing in on-the-go waffle sandwiches
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| domain | founded_year | HQ Location |
Diversified cakes and pastries are offered online through Bakingo.
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| domain | founded_year | HQ Location |
Limited service food chain serving pancakes
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| domain | founded_year | HQ Location |
Chain of bakery cafe offering cakes and pastries
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| domain | founded_year | HQ Location |
Provides Indian sweets, restaurant services, bakery items, and gift hampers in Delhi.
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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 Creme Castle
Frequently Asked Questions about Creme Castle
When was Creme Castle founded?
Creme Castle was founded in 2013 and raised its 1st funding round 11 years after it was founded.
Where is Creme Castle located?
Creme Castle is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Creme Castle?
Pranjay Mittal is the current CEO of Creme Castle. They have also founded this company.
Is Creme Castle a funded company?
Creme Castle is a funded company, having raised a total of $838.01K across 1 funding round to date. The company's 1st funding round was a Seed of $838.01K, raised on Apr 25, 2024.
How many employees does Creme Castle have?
As of Apr 09, 2024, the latest employee count at Creme Castle is 3.
What is the annual revenue of Creme Castle?
Annual revenue of Creme Castle is $868.56K as on Mar 31, 2023.
What does Creme Castle do?
Creme Castle is established as a prominent custom cake bakery in Delhi NCR, India. The company is focused on providing personalized cakes and desserts for various occasions such as birthdays, weddings, and corporate events. A wide range of designs and flavors are offered, including vegan and gluten-free options. Services are extended to same-day delivery in areas like Gurgaon, Noida, and Delhi. Expansion plans are being pursued to cover PAN India, catering to evolving consumer preferences in the specialized bakery segment.
Who are the top competitors of Creme Castle?
Creme Castle's top competitors include Bakingo, 99 Pancakes and The Belgian Waffle.
What products or services does Creme Castle offer?
Creme Castle offers Custom Cakes, Classic Cakes, and Desserts.
Who are Creme Castle's investors?
Creme Castle has 10 investors. Key investors include Angel List, GirnarSOFT, V3 Ventures, Amit Jain, and Indian Silicon Valley.
What is Creme Castle's valuation?
The valuation of Creme Castle is $3.89M as of Apr 2024.
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