About Drip Project
Drip Project is a Retail company based in Mumbai (India) founded in 2021 by Harsh Maskara, and was acquired by Metaman in January 2023. Internet first brand offering jewelry for men and women. Drip Project has raised $115.99 thousand across 2 funding rounds from investors including Blume Ventures, Priti Sawant and Metaman. The company has 1 employees. Its chief executive, as recorded, is Harsh Maskara. Its website dripproject.co draws about 45 thousand monthly visits. Its Indian entity Metaman Brands Private Limited reported revenue of ₹5.63 Cr. Drip Project offers products and services including Chains, Apparel, Bracelets, Rings, and Hoodies. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Accessories. Its competitors include Quirksmith, KuberBox and Sparsh Jewelry.
Company details
Drip Project was founded in 2021 in Mumbai, India, as an internet-first brand in the jewelry sector. Products such as necklaces, rings, pendants, chains, bracelets, and earrings are provided for men and women. Items are described as handcrafted. Operations focus on online sales, with the domain dripproject.co serving as the primary platform. Leadership includes Harsh Maskara as co-founder and CEO.
- Headquarters Mumbai, India
- Employees 1
- Founders Harsh Maskara
- Stage Acquired
- SectorsRetail
- Email••••••••
- Website dripproject.co
- Social Facebook Instagram
- Acquired by Metaman (Jan 2023)
- Legal Name Metaman Brands Private Limited
- Date of Incorporation 03 Feb, 2022
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.63 Cr
FY 2024 · +461% YoY
- Net Loss-₹3.40 Cr
FY 2024 · -61% margin
- EBITDA-₹3.33 Cr
FY 2024 · -59% margin
- Total Equity Funding$115.99K (USD)
in 2 rounds
- InvestorsBlume Ventures
& 4 more
- Employee Count1
- Acquired byMetaman
(Jan 2023)
Associated legal entities of Drip Project
Drip Project operates through Metaman Brands Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Metaman Brands Private Limited CIN U52609KA2022PTC157483 | Active | 03 Feb 2022 | Bangalore, Karnataka | ₹5.6 Cr | 2 | View details |
Products & Services of Drip Project
Drip Project offers a comprehensive portfolio of products and services, including Chains, Apparel, Bracelets, Rings, and Hoodies.
Luxury chains for fashion and personal adornment.
Casual and luxury clothing items like T-shirts.
Fashion bracelets for style enhancement.
Luxury rings as fashion accessories.
Comfortable hoodies for everyday wear.
Funding Insights of Drip Project
Drip Project has successfully raised a total of $115.99K across 2 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 $115,987
- Total Rounds 2
- First Round $115,987
(Nov 2022)
- Investors Count 4
All 2 funding rounds of Drip Project with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | Seed | – | Blume Ventures | ||
| Nov 2022 | $115,987 | Seed | – | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Drip Project
Drip Project has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Blume Ventures, Priti Sawant and Metaman.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
| gsglobal.in | ||||
| effnbee.com | ||||
PS Priti Sawant | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | unknown_08d992c91dcf46c48 | ||
| metaman.fashion |
Investor details for Drip Project
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- Round participation
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- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Metaman Brands Private Limited (Drip Project)
Metaman Brands Private Limited is the primary company behind Drip Project. The board of Metaman Brands Private Limited currently have 2 directors; the longest-serving is Anil Kumar Shetty, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Kumar Shetty DIN 06434046 | Director | 03 Feb 2022 | 4 yrs 8 mo | Metaman Brands Private Limited |
| Harsh Narendra Maskara DIN 10178438 | Director | 02 Jun 2023 | 3 yrs 4 mo | Metaman Brands Private Limited |
People of Drip Project
1 people are tracked at Drip Project (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Drip Project
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Financials of Drip Project
Figures of Metaman Brands Private Limited, the primary company behind Drip Project, for FY 2024. Revenue was ₹5.63 Cr (+461% year on year). Net loss was -₹3.40 Cr (-61% margin). EBITDA was -₹3.33 Cr (-59% margin).
- ₹5.63 CrRevenue · FY 2024 · +461% YoY
- -₹3.40 CrNet loss · -61% margin
- -₹3.33 CrEBITDA · -59% margin
- ₹1.5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Metaman Brands Private Limited are on its company page.
Detailed financial statements for Drip Project
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Drip Project
4 dated milestones of Drip Project across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Drip Project is founded.
- Funding First funding round of $116K.
- Exit Acquired by Metaman.
- Funding Latest funding round, Seed,.
Competitors of Drip Project
Drip Project has 3 listed competitors in our database. They include Quirksmith, KuberBox and Sparsh Jewelry.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quirksmith.com | 2016 | Bengaluru, India | Operates as an online maker and seller of private-label silver jewelry. | |||
| kuberbox.com | 2013 | Jaipur, India | Operates an online store for certified diamond jewelry shopping. | |||
| sparshjewelry.com | 2010 | Jaipur, India | Provides mobile app for buying affordable imitation jewelry collections online in India. |
Detailed competitors of Drip Project
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Web traffic of Drip Project
The website of Drip Project (dripproject.co) receives about 45K visits a month.
- Monthly visits45K
▼ 4.4% vs previous month
Websites whose visitors overlap most with Drip Project. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| salty.co.in | 100% | 1.1M | #48,734 | View details | |
| swashaa.com | 97% | 475.4K | #100,668 | View details | |
blackmambajewellery.com | blackmambajewellery.com | 96% | #269,967 | – | |
thesilveressence.in | thesilveressence.in | 92% | #1,129,046 | – | |
| orionzjewels.com | 92% | #292,613 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Drip Project
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Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Drip Project (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Related news about Drip Project
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Frequently Asked Questions about Drip Project
Drip Project was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Drip Project is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Harsh Maskara is the CEO of Drip Project, as recorded in our data. They have also founded this company.
Drip Project is a funded company, having raised a total of $115.99K across 2 funding rounds to date. The company's 1st funding round was a Seed of $115.99K, raised on Nov 2022.
Drip Project has 1 employees.
The primary company behind Drip Project, Metaman Brands Private Limited, reported revenue of ₹5.63 Cr for FY 2024, up 461% year on year.
Drip Project was founded in 2021 in Mumbai, India, as an internet-first brand in the jewelry sector. Products such as necklaces, rings, pendants, chains, bracelets, and earrings are provided for men and women. Items are described as handcrafted. Operations focus on online sales, with the domain dripproject.co serving as the primary platform. Leadership includes Harsh Maskara as co-founder and CEO.
Drip Project's top competitors include Quirksmith, KuberBox and Sparsh Jewelry.
Drip Project offers Chains, Apparel, Bracelets, Rings, and Hoodies.
Drip Project has 5 investors. Key investors include Blume Ventures, Priti Sawant, Metaman, GS Global, and Eff n’ Bee Hospitality.
Drip Project operates through Metaman Brands Private Limited.
Yes. Drip Project was acquired by Metaman in January 2023.