About Elitify
Elitify is a company based in Gurugram (India) founded in 2012 was acquired by Luxury Quotient in August 2016.. The company has 5 employees as of July 31, 2021. Elitify operates in a competitive market with competitors including Pernias Pop Up Shop, Twenty Dresses, Culture Circle, SoleSearch and Exclusively, among others.
- Headquarter Gurugram, India
- Employees 5 as on 31 Jul, 2021
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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
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Annual Revenue
$235.04 K (USD)-32as on Mar 31, 2022
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Net Profit
$-45.82 K (USD)-111as on Mar 31, 2023
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EBITDA
$-44.5 K (USD)-137as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
5
as on Jul 31, 2021
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Acquired by
Luxury Quotient
(Aug 05, 2016)
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Funding Insights of Elitify
| 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 Elitify
Elitify has secured backing from 1 investor. Prominent investors backing the company include Luxury Quotient. 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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Operates a direct-to-consumer fashion retail brand with personalized experiences.
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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 Elitify
| 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 - Elitify
| 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 |
Elitify Comparisons
Competitors of Elitify
Elitify 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 Pernias Pop Up Shop, Twenty Dresses, Culture Circle, SoleSearch and Exclusively, 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 |
Multi-category ethnic wear is retailed online by the company.
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| domain | founded_year | HQ Location |
Fashion apparel and accessories for women are retailed online.
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| domain | founded_year | HQ Location |
Online marketplace for men's and women's fashion products is operated.
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| domain | founded_year | HQ Location |
Multi-category used fashion products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Indian luxury fashion products are retailed via an online marketplace.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering multi-category sustainable products.
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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 Elitify
When was Elitify founded?
Elitify was founded in 2012.
Where is Elitify located?
Elitify is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
How many employees does Elitify have?
As of Jul 31, 2021, the latest employee count at Elitify is 5.
What is the annual revenue of Elitify?
Annual revenue of Elitify is $235.04K as on Mar 31, 2022.
What does Elitify do?
Elitify.com is Indias online premium and luxury store dedicated to offering customers exclusive access to the latest seasonal collections of clothing and lifestyle products from renowned international brands like Burberry, Armani, Prada, Hugo Boss, Ralph Lauren, Victorias Secret, Tory Burch and more. Also runs a monthly style magazine, Fashion Fix. Have experienced partners and strategic advisors onboard. Acquired by Luxury Quotient India in Aug 2016.
Who are the top competitors of Elitify?
Elitify's top competitors include Pernias Pop Up Shop, Twenty Dresses and Culture Circle.
Who are Elitify's investors?
Elitify has 1 investor. Key investors include Luxury Quotient.