Deivee

Bengaluru, India Founded: 2016 • Age: 10 yrs
Internet first brand offering women sportswear
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About Deivee

Deivee is a company based in Bengaluru (India) founded in 2016 by Milind Prabhakar Soman and Darshan Uthappa Machamada.. Deivee has raised $403.73 thousand across 2 funding rounds from investors including Rangsons, Rangsons Technologies and Media 360 Degrees. Deivee operates in a competitive market with competitors including Quince, House of Mangalam, JURU Yoga, Stonesoup and BANS, among others.

  • Headquarter Bengaluru, India
  • Founders Milind Prabhakar Soman, Darshan Uthappa Machamada
  • Sectors
    Healthcare
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Deivee Fitness Private Limited
  • Date of Incorporation 23 Mar, 2016
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $0 (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $-1.28 K (USD)
    31.98
    as on Mar 31, 2023
  • EBITDA
    $-1.08 K (USD)
    35.85
    as on Mar 31, 2023
  • Total Equity Funding
    $403.73 K (USD)

    in 2 rounds

  • Latest Funding Round
    $326.09 K (USD), Seed

    Jul 14, 2017

  • Investors
    Rangsons

    & 4 more

  • Employee Count
    Employee Count
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Funding Insights of Deivee

Deivee has successfully raised a total of $403.73K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $326.09 thousand completed in July 2017. 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 Rounds 2
  • Last Round Seed — $326,092
  • First Round

    (25 Jan 2017)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2017 Amount Seed - Deivee Valuation Rangsons Technologies , Rangsons Electronics
Jan, 2017 Amount Angel Round - Deivee Valuation Allu Sirish
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Deivee

Deivee has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Rangsons, Rangsons Technologies and Media 360 Degrees. 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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Operations in farming, crop marketing, and equipment services.
Founded Year Domain Location
Provides comprehensive digital marketing, advertising, and branding services to clients.
Founded Year Domain Location
Aerospace, agritech, edutech, healthcare, and real estate solutions are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Deivee

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Deivee

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Deivee Comparisons

Employees
+
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Competitors of Deivee

Deivee 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 Quince, House of Mangalam, JURU Yoga, Stonesoup and BANS, 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
Multi-category fashion products are offered online for men and women.
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Online seller of organic camphor products for aromatherapy, cleaning, and religious use.
domain founded_year HQ Location
Yoga accessories are sold via an online platform.
domain founded_year HQ Location
Multi-category eco-friendly products are offered via an online platform.
domain founded_year HQ Location
A direct-to-consumer brand providing sustainable and eco-friendly products.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Deivee

Frequently Asked Questions about Deivee

When was Deivee founded?

Deivee was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Deivee located?

Deivee is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Is Deivee a funded company?

Deivee is a funded company, having raised a total of $403.73K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $77.64K, raised on Jan 25, 2017.

What does Deivee do?

Internet first brand offering women sportswear. They offer wide range of products such as fitness wear,yoga wear tops,bottoms and accessories such as yoga mats and others for women.

Who are the top competitors of Deivee?

Deivee's top competitors include Quince, Stonesoup and JURU Yoga.

Who are Deivee's investors?

Deivee has 5 investors. Key investors include Rangsons, Rangsons Technologies, Media 360 Degrees, Allu Sirish, and Rishab Singh.

What is Deivee's valuation?

The valuation of Deivee is $419.49K as of Jul 2017.

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