About Folkulture
Folkulture is a company based in Mumbai (India) founded in 2015 by Rinkesh Mehta and Chaiti Jain was acquired by BRND.ME in January 2022.. The company has 458 employees as of September 30, 2024. Folkulture offers products and services including Kitchen Towel, Cooking Tongs, Salad Servers, Scented Candles, and Throw Blankets. Folkulture operates in a competitive market with competitors including 10Club, Nestasia, Ellementry, Pelican Essentials and WallMantra, among others.
- Headquarter Mumbai, India
- Employees 458 as on 30 Sep, 2024
- Founders Rinkesh Mehta, Chaiti Jain
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Mensa Brand Technologies Private Limited
- Date of Incorporation 20 Apr, 2021
- Jurisdiction Sadar Bazar, Haryana, India
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Products & Services of Folkulture
Folkulture offers a comprehensive portfolio of products and services, including Kitchen Towel, Cooking Tongs, Salad Servers, Scented Candles, and Throw Blankets. 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.
Textile items for kitchen drying and cleaning purposes.
Utensils for safely handling food during cooking.
Tools for serving salads and other dishes.
Wax products for ambient scenting in living spaces.
Fabric covers for warmth and home decoration.
Funding Insights of Folkulture
| 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 Folkulture
Folkulture has secured backing from 1 investor. Prominent investors backing the company include BRND.ME. 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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Influencer-driven branding solutions are provided through an integrated platform.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Folkulture
| 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 - Folkulture
| 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 |
Folkulture Comparisons
Competitors of Folkulture
Folkulture 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 10Club, Nestasia, Ellementry, Pelican Essentials and WallMantra, 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 |
Multi-category home products are offered through an internet-first platform.
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Internet-first brand of multi-category home improvement products
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| domain | founded_year | HQ Location |
Handmade home improvement products are sold online through Ellementry.
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| domain | founded_year | HQ Location |
Internet first brand offering furniture products
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| domain | founded_year | HQ Location |
Home furnishing and decor products are offered online.
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| domain | founded_year | HQ Location |
Home improvement products are sold via an online platform.
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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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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 Folkulture
When was Folkulture founded?
Folkulture was founded in 2015.
Where is Folkulture located?
Folkulture is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Folkulture have?
As of Sep 30, 2024, the latest employee count at Folkulture is 458.
What is the annual revenue of Folkulture?
Annual revenue of Folkulture is $26.36M as on Mar 31, 2022.
What does Folkulture do?
Folkulture, led by Rinkesh Mehta as Co-Founder, Chaiti Jain as Co-Founder, specializes in producing consumer products, home furnishing products, supplying home decor, and multi-category. Retailer of room fragrances and furnishing items. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of Folkulture?
Folkulture's top competitors include Nestasia, 10Club and Interiors & More.
What products or services does Folkulture offer?
Folkulture offers Kitchen Towel, Cooking Tongs, Salad Servers, Scented Candles, and Throw Blankets.
Who are Folkulture's investors?
Folkulture has 1 investor. Key investors include BRND.ME.