About Ecentric
Ecentric is a company based in Bengaluru (India) founded in 2020 by Salendra Gupta. It operates as a Direct-to-Consumer (D2C). Ecentric has raised $111.36 thousand across 1 funding round from investors including Archana Bisht, Arijit Roy and Nitin Patel. The company has 1 employees as of March 27, 2024. Ecentric offers products and services including Hemp Lounge Pants, Hemp Shirts, and Hemp Co-ord Sets. Ecentric operates in a competitive market with competitors including Cannabie and The Humane Collective, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 27 Mar, 2024
- Founders Salendra Gupta
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ecentric India Private Limited
- Date of Incorporation 28 Jun, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$91.24 K (USD)769.68as on Mar 31, 2022
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Net Profit
$-10.46 K (USD)-17010.76as on Mar 31, 2022
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EBITDA
$-10.05 K (USD)-17485.93as on Mar 31, 2022
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Total Equity Funding
$111.36 K (USD)
in 1 rounds
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Latest Funding Round
$111.36 K (USD), Angel Round
May 03, 2022
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Investors
& 7 more
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Employee Count
1
as on Mar 27, 2024
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Products & Services of Ecentric
Ecentric offers a comprehensive portfolio of products and services, including Hemp Lounge Pants, Hemp Shirts, and Hemp Co-ord Sets. 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.
Hemp lounge pants are offered for comfortable, sustainable wear.
Hemp shirts are crafted for durability and stylish appeal.
Hemp co-ord sets are designed for casual, coordinated looks.
Funding Insights of Ecentric
Ecentric has successfully raised a total of $111.36K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $111.36 thousand completed in May 2022. 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 1
- Last Round Angel Round — $111,364
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First Round
First Round
(03 May 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Angel Round - Ecentric | Valuation | Archana Bisht |
| 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 Ecentric
Ecentric has secured backing from 8 investors, including angel investors. Prominent investors backing the company include Archana Bisht, Arijit Roy and Nitin Patel. 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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AB
Archana Bisht |
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Founded Year | Domain | Location |
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AR
Arijit Roy |
Angel investor and growth leader at PhonePe, ex-Byju's, active in Indian startups
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Founded Year | Domain | Location |
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NP
Nitin Patel |
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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 Ecentric
| 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 - Ecentric
| 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 |
Ecentric Comparisons
Competitors of Ecentric
Ecentric 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 Cannabie and The Humane Collective, 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 |
Cannabis-based casual wear is provided online for men and women.
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| domain | founded_year | HQ Location |
Sustainable brand selling handcrafted apparel from natural fibers and ethical practices.
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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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Frequently Asked Questions about Ecentric
When was Ecentric founded?
Ecentric was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Ecentric located?
Ecentric is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Ecentric a funded company?
Ecentric is a funded company, having raised a total of $111.36K across 1 funding round to date. The company's 1st funding round was a Angel Round of $111.36K, raised on May 03, 2022.
How many employees does Ecentric have?
As of Mar 27, 2024, the latest employee count at Ecentric is 1.
What is the annual revenue of Ecentric?
Annual revenue of Ecentric is $91.24K as on Mar 31, 2022.
What does Ecentric do?
Ecentric is established as a sustainable hemp clothing brand in India, focusing on eco-friendly apparel. Products such as lounge pants, shirts, and co-ord sets are offered for men and women. The company operates in the sustainable fashion sector, emphasizing durability, breathability, and environmental friendliness. Solutions are provided through online retail, catering to a growing demand for mindful and comfortable clothing options.
Who are the top competitors of Ecentric?
Ecentric's top competitors include Cannabie and The Humane Collective.
What products or services does Ecentric offer?
Ecentric offers Hemp Lounge Pants, Hemp Shirts, and Hemp Co-ord Sets.
Who are Ecentric's investors?
Ecentric has 8 investors. Key investors include Archana Bisht, Arijit Roy, Nitin Patel, Shrikant Salunkhe, and Akash Pandey.
What is Ecentric's valuation?
The valuation of Ecentric is $1.09M as of May 2022.