About Discover Pilgrim
Discover Pilgrim is a company based in Mumbai (India) founded in 2019 by Gagandeep Makker and Anurag Kedia.. Discover Pilgrim has raised $32.98 million across 9 funding rounds from investors including Dexter Capital Advisors, Anicut Capital and Vertex Ventures SG. The company has 94 employees as of April 06, 2024. Discover Pilgrim offers products and services including Vitamin C Face Serum, Redensyl & Anagain Hair Growth Serum, 25% AHA 2% BHA 5% PHA Peeling Solution, Matte Me Up! Bullet Lipstick, and Non-Drying Anti-Dandruff Shampoo. Discover Pilgrim operates in a competitive market with competitors including Mamaearth, The Ayurveda Experience, WOW Skin Science, Juicy Chemistry and Soulflower, among others.
- Headquarter Mumbai, India
- Employees 94 as on 06 Apr, 2024
- Founders Gagandeep Makker, Anurag Kedia
- Stage Minicorn
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Sectors
ConsumerHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Heavenly Secrets Private Limited
- Date of Incorporation 28 Aug, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$9.25 M (USD)347.63as on Mar 31, 2023
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Net Profit
$-2.77 M (USD)-205.99as on Mar 31, 2023
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EBITDA
$-3.02 M (USD)-187.86as on Mar 31, 2023
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Total Equity Funding
$32.98 M (USD)
in 9 rounds
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Latest Funding Round
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Investors
Dexter Capital Advisors
& 50 more
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Employee Count
94
as on Apr 06, 2024
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Products & Services of Discover Pilgrim
Discover Pilgrim offers a comprehensive portfolio of products and services, including Vitamin C Face Serum, Redensyl & Anagain Hair Growth Serum, 25% AHA 2% BHA 5% PHA Peeling Solution, Matte Me Up! Bullet Lipstick, and Non-Drying Anti-Dandruff Shampoo. 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.
Serum that brightens and improves skin glow
Promotes new hair growth and reduces hair fall
Reduces blemishes and exfoliates skin effectively
Long-lasting lipstick for everyday wear
Controls dandruff from first wash
Unlock access to complete
Funding Insights of Discover Pilgrim
Discover Pilgrim has successfully raised a total of $32.98M across 9 strategic funding rounds. 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 9
- Last Round Last Round
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First Round
First Round
(06 Nov 2019)
- Investors Count 51
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series B - Discover Pilgrim | Valuation |
investors |
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| Aug, 2024 | Amount | Series B - Discover Pilgrim | Valuation | Fireside Ventures , Vertex Ventures | |
| Sep, 2023 | Amount | Debt – Conventional - Discover Pilgrim | 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 Discover Pilgrim
Discover Pilgrim has secured backing from 51 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dexter Capital Advisors, Anicut Capital and Vertex Ventures SG. 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 in public markets, commodities, private equities, and real estate by a family office.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Single family office of K Dinesh, co-founder of Infosys
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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 Discover Pilgrim
| 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 - Discover Pilgrim
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Discover Pilgrim Comparisons
Competitors of Discover Pilgrim
Discover Pilgrim 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 Mamaearth, The Ayurveda Experience, WOW Skin Science, Juicy Chemistry and Soulflower, 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 |
Online brand offering multi-category natural skin care and makeup products
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| domain | founded_year | HQ Location |
Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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| domain | founded_year | HQ Location |
Organic beauty products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Natural skin and hair care products are sold online.
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| domain | founded_year | HQ Location |
Organic beauty products are offered online by Soulflower.
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| domain | founded_year | HQ Location |
Multi-category natural beauty products are offered online by Brillare.
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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 Discover Pilgrim
Frequently Asked Questions about Discover Pilgrim
When was Discover Pilgrim founded?
Discover Pilgrim was founded in 2019.
Where is Discover Pilgrim located?
Discover Pilgrim is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Discover Pilgrim?
Anurag Kedia is the current CEO of Discover Pilgrim. They have also founded this company.
Is Discover Pilgrim a funded company?
Discover Pilgrim is a funded company, having raised a total of $32.98M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $7M, raised on Nov 06, 2019.
How many employees does Discover Pilgrim have?
As of Apr 06, 2024, the latest employee count at Discover Pilgrim is 94.
What is the annual revenue of Discover Pilgrim?
Annual revenue of Discover Pilgrim is $9.25M as on Mar 31, 2023.
What does Discover Pilgrim do?
Pilgrim was founded in 2019 in Mumbai, India, as an e-commerce platform in the beauty care sector. A range of products is offered, including face washes, serums, shampoos, hair masks, body scrubs, body butters, fragrances, and mens care items. These are formulated with natural ingredients, designed to be vegan, and free from chemicals. Operations focus on direct-to-consumer sales through the domain discoverpilgrim.com.
Who are the top competitors of Discover Pilgrim?
Discover Pilgrim's top competitors include Mamaearth, WOW Skin Science and Brillare.
What products or services does Discover Pilgrim offer?
Discover Pilgrim offers Vitamin C Face Serum, Redensyl & Anagain Hair Growth Serum, 25% AHA 2% BHA 5% PHA Peeling Solution, Matte Me Up! Bullet Lipstick, and Non-Drying Anti-Dandruff Shampoo.
Who are Discover Pilgrim's investors?
Discover Pilgrim has 51 investors. Key investors include Dexter Capital Advisors, Anicut Capital, Vertex Ventures SG, Rukam Capital, and Narotam Sekhsaria Family Office.
What is Discover Pilgrim's valuation?
The valuation of Discover Pilgrim is $245.03M as of Aug 2024.