About Free Culture
Free Culture is a company based in Delhi (India) founded in 2011 was acquired by Arvind in September 2016.. Free Culture has raised $13 million across 2 funding rounds from investors including Arvind Ltd., RTP Global and Sequoia Capital.
- Headquarter Delhi, India
-
Sectors
Retail
-
Phone
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$13 M (USD)
in 2 rounds
-
Latest Funding Round
$9 M (USD), Series A
Jun 01, 2012
-
Investors
Arvind Ltd.
& 2 more
-
Employee Count
Employee Count
-
Acquired by
Arvind
(Sep 02, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Free Culture
Free Culture has successfully raised a total of $13M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in June 2012. 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 2
- Last Round Series A — $9.0M
-
First Round
First Round
(16 Dec 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Series A - Free Culture | Valuation |
investors |
|
| Dec, 2011 | Amount | Seed - Free Culture | Valuation | Sequoia Capital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Free Culture
Free Culture has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Arvind Ltd., RTP Global and Sequoia 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 |
|---|---|---|---|---|
|
Venture capital firm focused on early-stage technology companies
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Textiles, apparel, and advanced materials are manufactured across sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Free Culture
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Free Culture
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Free Culture Comparisons
Competitors of Free Culture
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Free Culture
When was Free Culture founded?
Free Culture was founded in 2011.
Where is Free Culture located?
Free Culture is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Free Culture a funded company?
Free Culture is a funded company, having raised a total of $13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Dec 16, 2011.
What does Free Culture do?
Free Culture was founded in 2011 in Delhi, India, as an internet-first brand in the apparel sector. A range of casual clothing items, including shirts, pants, shorts, jackets, skirts, and gowns, is provided for men and women. Innerwear and activewear are also included in the product catalog, with operations focused on online distribution.
Who are Free Culture's investors?
Free Culture has 3 investors. Key investors include Arvind Ltd., RTP Global, and Sequoia Capital.