About EUME
EUME is a company based in Mumbai (India) founded in 2018 by Pranay Parekh, Naina Parekh, and Sanjay C Parekh. EUME has raised $5.23 million across 3 funding rounds from investors including Mumbai Angels, GM Modular and Lepton Software. The company has 24 employees as of April 05, 2024. EUME operates in a competitive market with competitors including Mokobara, uppercase, Assembly, Nasher Miles and Arista Vault, among others.
- Headquarter Mumbai, India
- Employees 24 as on 05 Apr, 2024
- Founders Pranay Parekh, Naina Parekh, Sanjay C Parekh
- Stage Minicorn
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Sectors
RetailTravel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Eume Lifestyle Private Limited
- Date of Incorporation 10 Aug, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.72 M (USD)809.23as on Mar 31, 2023
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Net Profit
-$96.55 K (USD)-852.07as on Mar 31, 2023
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EBITDA
-$98.27 K (USD)-630.43as on Mar 31, 2023
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Total Equity Funding
$5.23 M (USD)
in 3 rounds
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Latest Funding Round
$2.94 M (USD), Series A
May 22, 2025
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Investors
Mumbai Angels
& 30 more
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Employee Count
24
as on Apr 05, 2024
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Funding Insights of EUME
EUME has successfully raised a total of $5.23M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.94 million completed in May 2025. 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 EUME
EUME has secured backing from 31 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Mumbai Angels, GM Modular and Lepton Software.
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Investment in high-growth startups and angel funding services in India.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Investor details for EUME
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by EUME
Investment portfolio details for EUME
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - EUME
Detailed financials for EUME
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Eume Comparisons
Peer comparison for EUME
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of EUME
EUME 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 Mokobara, uppercase, Assembly, Nasher Miles and Arista Vault, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of luggage, backpacks, totes, handbags, briefcases, and travel accessories
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Handcrafted eco-friendly luggage and backpack bags are sold online.
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Luggage bags and travel accessories are offered online by Assembly.
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Travel luggage and accessories are designed and retailed online.
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Smart wallets and accessories are manufactured and sold online.
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Detailed competitors of EUME
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Eume
Complete news archive for EUME
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Frequently Asked Questions about EUME
EUME was founded in 2018 and raised its 1st funding round 4 years after it was founded.
EUME is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
EUME is a funded company, having raised a total of $5.23M across 3 funding rounds to date.
As of Apr 05, 2024, the latest employee count at EUME is 24.
Annual revenue of EUME is $1.72M as on Mar 31, 2023.
EUME was founded in 2018 and is based in Mumbai, India. Operations focus on the retail sector for travel goods, where a selection of cabin and check-in luggage, backpacks, messenger bags, and handbags is provided. Accessories such as wallets, passport holders, and organizers are also offered in various styles and materials. All products are made available through an online platform for customer purchases.
EUME has 31 investors. Key investors include Mumbai Angels, GM Modular, Lepton Software, Lead Angels, and Arvog.
The valuation of EUME is $5.99M as of Mar 2024.