About Flip Flop Hub
Flip Flop Hub is a Retail company based in Mumbai (India) founded in 2016. Developer of golf training aids and instructional resources. Flip Flop Hub has raised $413.84 thousand across 1 funding round from investors including Venture Catalysts. Its Indian entity Rider Footwear Llp reported revenue of ₹3.34 Cr. Flip Flop Hub offers products and services including Footwear and Brand Offerings. Its focus areas include Consumer Goods, Retail Chains, Fashion and Footwear.
Company details
Flip Flop Hub was founded in 2016 in Mumbai, India, within the golf training sector. Physical aids, a mobile application, and a masterclass led by an experienced instructor are provided to enhance tempo, speed, and consistency in swings. Certifications in the methodology are offered to instructors. Operations target golfers at various skill levels, focusing on principles that support longer and straighter shots through structured resources.
- Headquarters Mumbai, India
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website flipflophub.com
- Legal Name Rider Footwear Llp
- Date of Incorporation 07 Jun, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.34 Cr
FY 2019 · +29% YoY
- Net Loss-₹30.6 Lakh
FY 2019 · -9% margin
- EBITDA₹3.65 Cr
FY 2019 · 109% margin
- Total Equity Funding$413.84K (USD)
in 1 rounds
- Latest Funding Round$413.84K (USD), Seed
Dec 2018
- Investors
Associated legal entities of Flip Flop Hub
Flip Flop Hub operates through Rider Footwear Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rider Footwear Llp CIN AAG-5933 | Active | 07 Jun 2016 | Mumbai, Maharashtra | ₹3.3 Cr | 2 | View details |
Products & Services of Flip Flop Hub
Flip Flop Hub offers a comprehensive portfolio of products and services, including Footwear and Brand Offerings.
Footwear items are sold across various styles and categories to meet consumer needs
Products from multiple brands are distributed through the platform for retail purposes
Funding Insights of Flip Flop Hub
Flip Flop Hub has successfully raised a total of $413.84K through 1 strategic funding round. The most recent funding activity was a Seed round of $413.84 thousand completed in December 2018. 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 $413,842
- Total Rounds 1
- Last Round Seed — $413,842
- First Round $413,842
(Dec 2018)
- Investors Count 1
All 1 funding rounds of Flip Flop Hub with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $413,842 | Seed | – | Venture Catalysts | – |
1 investors in total: 1 institutional.
Investors in Flip Flop Hub
Flip Flop Hub has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Venture Catalysts.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India |
Investor details for Flip Flop Hub
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Rider Footwear Llp (Flip Flop Hub)
Rider Footwear Llp is the primary company behind Flip Flop Hub. The board of Rider Footwear Llp currently have 2 directors; the longest-serving is Yashesh Ashok Mukhi, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yashesh Ashok Mukhi DIN 07521599 | Designated Partner | 07 Jun 2016 | 10 yrs 5 mo | Rider Footwear Llp |
| Icha Mukhi DIN 10159190 | Designated Partner | 12 May 2023 | 3 yrs 5 mo | Rider Footwear Llp |
Financials of Flip Flop Hub
Figures of Rider Footwear Llp, the primary company behind Flip Flop Hub, for FY 2019. Revenue was ₹3.34 Cr (+29% year on year). Net loss was -₹30.6 Lakh (-9% margin). EBITDA was ₹3.65 Cr (109% margin).
- ₹3.34 CrRevenue · FY 2019 · +29% YoY
- -₹30.6 LakhNet loss · -9% margin
- ₹3.65 CrEBITDA · 109% margin
Balance sheet, profit and loss, cash flow and ratios of Rider Footwear Llp are on its company page.
Detailed financial statements for Flip Flop Hub
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Flip Flop Hub
2 dated milestones of Flip Flop Hub across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Flip Flop Hub is founded.
- Funding First funding round of $414K.
Top companies in Retail Stores & Chains
2 companies that operate in the same segment as Flip Flop Hub (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Multi-format offline retail is operated in India. | 1997 | Mumbai, Maharashtra, India | USD 3.41 B | USD 280.87 K | 32 |
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Frequently Asked Questions about Flip Flop Hub
Flip Flop Hub was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Flip Flop Hub is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Flip Flop Hub is a funded company, having raised a total of $413.84K across 1 funding round to date. The company's 1st funding round was a Seed of $413.84K, raised on Dec 2018.
The primary company behind Flip Flop Hub, Rider Footwear Llp, reported revenue of ₹3.34 Cr for FY 2019, up 29% year on year.
Flip Flop Hub was founded in 2016 in Mumbai, India, within the golf training sector. Physical aids, a mobile application, and a masterclass led by an experienced instructor are provided to enhance tempo, speed, and consistency in swings. Certifications in the methodology are offered to instructors. Operations target golfers at various skill levels, focusing on principles that support longer and straighter shots through structured resources.
Flip Flop Hub offers Footwear and Brand Offerings.
Flip Flop Hub has 1 investor. Key investors include Venture Catalysts.
Flip Flop Hub operates through Rider Footwear Llp.
The legal entities of Flip Flop Hub currently have 2 directors, including Icha Mukhi, Yashesh Ashok Mukhi.