Drip Project

Mumbai, India Founded: 2021 • Age: 5 yrs Acquired By Metaman
Internet first brand offering jewelry for men and women
Annual revenue $120,576 Latest available
Total funding $115,987 2 rounds
Employees 1 Tracked headcount
Investors 5 Known backers
Products 5 Services tracked
Competitors 5 Brand Intelligence

About Drip Project

Drip Project is a company based in Mumbai (India) founded in 2021 by Harsh Maskara was acquired by Metaman in January 2023. 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 as of April 08, 2024. Drip Project offers products and services including Chains, Apparel, Bracelets, Rings, and Hoodies. Drip Project operates in a competitive market with competitors including Quirksmith, KuberBox, Sparsh Jewelry and Jade and Jewels, among others.

  • Headquarter Mumbai, India
  • Employees 1 as on 08 Apr, 2024
  • Founders Harsh Maskara
  • Sectors
    Retail
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Metaman Brands Private Limited
  • Date of Incorporation 03 Feb, 2022
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $120.58 K (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    -$393.54 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    -$397.73 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $115.99 K (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1

    as on Apr 08, 2024

  • Acquired by
    Metaman

    (Jan 03, 2023)

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Products & Services of Drip Project

Drip Project offers a comprehensive portfolio of products and services, including Chains, Apparel, Bracelets, Rings, and Hoodies.

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Primary

Luxury chains for fashion and personal adornment.

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Casual and luxury clothing items like T-shirts.

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Fashion bracelets for style enhancement.

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Luxury rings as fashion accessories.

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed and early-stage investments are made across sectors in India.
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Investor details for Drip Project

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Investments & Acquisitions by Drip Project

Investments
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Investment portfolio details for Drip Project

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Financial Statements - Drip Project

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Detailed financials for Drip Project

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Drip Project Comparisons

Drip Project Primary company
Description
Internet first brand offering jewelry for men and women
Location
Mumbai, India
Founded Year
2021
Annual Revenue
$120.58 K (USD)
Net Profit
-$393.54 K (USD)
EBITDA
-$397.73 K (USD)
Employees
1
As of 2024
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Peer comparison for Drip Project

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Competitors of Drip Project

Drip Project 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 Quirksmith, KuberBox, Sparsh Jewelry and Jade and Jewels, among others.

Company Name Domain Founded year HQ Location Description
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Operates as an online maker and seller of private-label silver jewelry.
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Operates an online store for certified diamond jewelry shopping.
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Provides mobile app for buying affordable imitation jewelry collections online in India.
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Offers handcrafted necklaces, earrings, and bracelets for online purchase and worldwide delivery.
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Detailed competitors of Drip Project

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Latest news on Drip Project

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Complete news archive for 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 current CEO of Drip Project. 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.

As of Apr 08, 2024, the latest employee count at Drip Project is 1.

Annual revenue of Drip Project is $120.58K as on Mar 31, 2023.

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.

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