Deivee

Bengaluru, India Founded: 2016 • Age: 10 yrs
Internet first brand offering women sportswear
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Report Incorrect Data
Annual revenue - Latest available
Total funding $403,733 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

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
  • 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
Media 360 Degrees
Jan, 2017 Amount Angel Round - Deivee Valuation Allu Sirish
Rishab Singh

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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Rangsons Technologies
Operations in farming, crop marketing, and equipment services.
Founded Year Domain Location
Media 360 Degrees
Provides comprehensive digital marketing, advertising, and branding services to clients.
Founded Year Domain Location
Rangsons
Aerospace, agritech, edutech, healthcare, and real estate solutions are provided.
Founded Year Domain Location

Investments & Acquisitions by Deivee

Investments

Financial Statements - Deivee

Deivee Comparisons

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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.

Company Name Domain Founded year HQ Location Description
Quince
domain founded_year HQ Location
Multi-category fashion products are offered online for men and women.
House of Mangalam
domain founded_year HQ Location
Online seller of organic camphor products for aromatherapy, cleaning, and religious use.
JURU Yoga
domain founded_year HQ Location
Yoga accessories are sold via an online platform.
Stonesoup
domain founded_year HQ Location
Multi-category eco-friendly products are offered via an online platform.
BANS
domain founded_year HQ Location
A direct-to-consumer brand providing sustainable and eco-friendly products.

Latest news on Deivee

Milind Soman, others look to invest Rs 40 crore in women’s active wear startup Deivee
Economictimes • 9 years ago

Frequently Asked Questions about Deivee

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

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

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.

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.

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

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

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

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