About FabX
FabX is a company based in Mumbai (India) founded in 2015 by Piyush Chauhan, Kunal Mehta, and Abhijeet Pawar.. FabX has raised $65.94 thousand across 1 funding round. FabX operates in a competitive market with competitors including Zefo, Get my Couch, Refabd, EazyFurnish and Sofify, among others.
- Headquarter Mumbai, India
- Founders Piyush Chauhan, Kunal Mehta, Abhijeet Pawar
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Sectors
Consumer
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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
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Net Profit
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EBITDA
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Total Equity Funding
$65.94 K (USD)
in 1 rounds
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Latest Funding Round
$65.94 K (USD), Angel Round
Jan 29, 2017
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Investors
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Employee Count
Employee Count
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Funding Insights of FabX
FabX has successfully raised a total of $65.94K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $65.94 thousand completed in January 2017. 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 — $65,941
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First Round
First Round
(29 Jan 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Angel Round - FabX | Valuation |
investors |
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| 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 |
Investments & Acquisitions by FabX
| 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 - FabX
| 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 |
Fabx Comparisons
Competitors of FabX
FabX 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 Zefo, Get my Couch, Refabd, EazyFurnish and Sofify, 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 used products are consigned and sold online.
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| domain | founded_year | HQ Location |
Online platform for purchasing furniture, beds, dining sets, and decor items.
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| domain | founded_year | HQ Location |
Operates a digital hub for buying used furniture and home appliances.
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| domain | founded_year | HQ Location |
Operates a digital marketplace specializing in second-hand furniture sales.
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| domain | founded_year | HQ Location |
A mobile-first marketplace for buying and selling pre-owned furniture.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 FabX
When was FabX founded?
FabX was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is FabX located?
FabX is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is FabX a funded company?
FabX is a funded company, having raised a total of $65.94K across 1 funding round to date. The company's 1st funding round was a Angel Round of $65.94K, raised on Jan 29, 2017.
What does FabX do?
FabX was founded in 2015 as an online retailer specializing in refurbished furniture such as beds, sofas, tables, chairs, wardrobes, and mattresses. Products are verified, inspected, and refurbished before sale, with all logistics managed end-to-end. A buyback option is offered at 40-50 return value for items under warranty. Operations are limited to the Mumbai area in India as of February 2016.
Who are the top competitors of FabX?
FabX's top competitors include Zefo, Get my Couch and Refabd.