About Faces Canada
Faces Canada is a company based in Gurugram (India) founded in 2007 was acquired by Purplle in December 2021.. Faces Canada has raised $1.7 million across 3 funding rounds from investors including Purplle, Bhagyoday Investments and Brand Capital. The company has 1 employees as of August 23, 2024. Faces Canada offers products and services including Ultime Pro HD Intense Matte Lips, Strobe Cream, 3 in 1 All Day Hydra Matte Foundation, Comfy Matte Liquid Lipstick, and Nail Enamel Remover. Faces Canada operates in a competitive market with competitors including Mamaearth, MyGlamm, The Ayurveda Experience, IL Makiage and WOW Skin Science, among others.
- Headquarter Gurugram, India
- Employees 1 as on 23 Aug, 2024
- Stage Minicorn
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Sectors
ConsumerHealthcare
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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 Manash E-Commerce Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Products & Services of Faces Canada
Faces Canada offers a comprehensive portfolio of products and services, including Ultime Pro HD Intense Matte Lips, Strobe Cream, 3 in 1 All Day Hydra Matte Foundation, Comfy Matte Liquid Lipstick, and Nail Enamel Remover. 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.
Matte lipstick with primer for long-lasting, creamy finish
Cream for instant illumination and skin glow enhancement
Hydrating foundation for lightweight, matte coverage
Liquid lipstick that is lightweight and transfer-proof
Acetone-free remover for gentle nail cleaning
Funding Insights of Faces Canada
Faces Canada has successfully raised a total of $1.7M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $922.96 thousand completed in April 2020. 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 3
- Last Round Seed — $922,959
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2020 | Amount | Seed - Faces Canada | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Faces Canada | Valuation | Brand Capital |
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| Mar, 2015 | Amount | Seed - Faces Canada | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Faces Canada
Faces Canada has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Purplle, Bhagyoday Investments and Brand Capital. 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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Investments in early-stage startups are made by Brand Capital.
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Beauty and cosmetic products are retailed through an online platform.
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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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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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Investments & Acquisitions by Faces Canada
| 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 - Faces Canada
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Faces Canada Comparisons
Competitors of Faces Canada
Faces Canada 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 Mamaearth, MyGlamm, The Ayurveda Experience, IL Makiage and WOW Skin Science, 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 |
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| domain | founded_year | HQ Location |
Online brand offering multi-category natural skin care and makeup products
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| domain | founded_year | HQ Location |
Online platform selling beauty products, makeup, skincare, and cosmetics in India.
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| domain | founded_year | HQ Location |
Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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| domain | founded_year | HQ Location |
Makeup products are recommended online based on personal quizzes.
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| domain | founded_year | HQ Location |
Organic beauty products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Organic cosmetics are offered via an internet-first brand model.
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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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Latest news on Faces Canada
Frequently Asked Questions about Faces Canada
When was Faces Canada founded?
Faces Canada was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Where is Faces Canada located?
Faces Canada is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Faces Canada?
Kunal Gupta is the current CEO of Faces Canada.
Is Faces Canada a funded company?
Faces Canada is a funded company, having raised a total of $1.7M across 3 funding rounds to date.
How many employees does Faces Canada have?
As of Aug 23, 2024, the latest employee count at Faces Canada is 1.
What does Faces Canada do?
Faces Canada was founded in 2007 and is based in Gurugram, India. Operations focus on retailing cosmetics and skincare items within the beauty sector. A variety of products is offered, including lipsticks, kajal, foundations, sunscreens, and nail enamels for eyes, face, skin, and nails. Bridal, festive, and wedding kits are provided, alongside assorted product combinations. Leadership is held by CEO Kunal Gupta.
Who are the top competitors of Faces Canada?
Faces Canada's top competitors include MyGlamm, Mamaearth and Renee Cosmetics.
What products or services does Faces Canada offer?
Faces Canada offers Ultime Pro HD Intense Matte Lips, Strobe Cream, 3 in 1 All Day Hydra Matte Foundation, Comfy Matte Liquid Lipstick, and Nail Enamel Remover.
Who are Faces Canada's investors?
Faces Canada has 4 investors. Key investors include Purplle, Bhagyoday Investments, Brand Capital, and Indivision India Partners.
What is Faces Canada's valuation?
The valuation of Faces Canada is $64.21M as of Apr 2020.