About Frikly
Frikly is a company based in Nagpur (India) founded in 2022 by Rajkumar Malu.. Frikly has raised $252.47 thousand across 1 funding round from investors including Velvet Sea Ventures, SK Ventures and James Savarese. The company has 1 employees as of March 29, 2024. Frikly operates in a competitive market with competitors including Pumpkart, Woodzon, Home Central, Ashiyaana and S K Timber, among others.
- Headquarter Nagpur, India
- Employees 1 as on 29 Mar, 2024
- Founders Rajkumar Malu
- Stage Minicorn
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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
*********
- Legal Name Malu Technologies Private Limited
- Date of Incorporation 24 Nov, 2020
- Jurisdiction Nagpur, Maharashtra, India
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Annual Revenue
$27.15 K (USD)0as on Mar 31, 2023
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Net Profit
$-27.3 K (USD)-1612.34as on Mar 31, 2023
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EBITDA
$-33.27 K (USD)-2068.46as on Mar 31, 2023
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Total Equity Funding
$252.47 K (USD)
in 1 rounds
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Latest Funding Round
$252.47 K (USD), Seed
Jun 15, 2022
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Investors
Velvet Sea Ventures
& 5 more
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Employee Count
1
as on Mar 29, 2024
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Funding Insights of Frikly
Frikly has successfully raised a total of $252.47K through 1 strategic funding round. The most recent funding activity was a Seed round of $252.47 thousand completed in June 2022. 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 Seed — $252,473
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First Round
First Round
(15 Jun 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Frikly | Valuation | Velvet Sea Ventures |
| 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 |
Investors in Frikly
Frikly has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Velvet Sea Ventures, SK Ventures and James Savarese. 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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Venture capital firm investing in tech startups
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Founded Year | Domain | Location | |
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Seed-stage US companies are invested in by SK Ventures.
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Founded Year | Domain | Location | |
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JS
James Savarese |
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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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location |
Investments & Acquisitions by Frikly
| 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 - Frikly
| 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 |
Frikly Comparisons
Competitors of Frikly
Frikly 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 Pumpkart, Woodzon, Home Central, Ashiyaana and S K Timber, 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 |
An online B2B marketplace for pumps and accessories is operated.
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| domain | founded_year | HQ Location |
Online O2O marketplace for woodworking industry
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in home accessories.
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| domain | founded_year | HQ Location |
Operates an e-commerce store for home improvement hardware supplies.
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| domain | founded_year | HQ Location |
Online retailer selling plywood, laminates, and furniture hardware in India
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Frikly
When was Frikly founded?
Frikly was founded in 2022.
Where is Frikly located?
Frikly is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Is Frikly a funded company?
Frikly is a funded company, having raised a total of $252.47K across 1 funding round to date. The company's 1st funding round was a Seed of $252.47K, raised on Jun 15, 2022.
How many employees does Frikly have?
As of Mar 29, 2024, the latest employee count at Frikly is 1.
What is the annual revenue of Frikly?
Annual revenue of Frikly is $27.15K as on Mar 31, 2023.
What does Frikly do?
Frikly was established in 2022 in Nagpur, India, as an online retail platform focused on hardware supplies. A range of products is offered, including paints, laminates, louvers, planks, handles, showers, kitchen sinks, sensors, faucets, sanitaryware, cabinets, and accessories. Home decor items such as wall art and lights are also provided through the catalog, serving customers in the building and interior sector.
Who are the top competitors of Frikly?
Frikly's top competitors include Pumpkart, Woodzon and Home Central.
Who are Frikly's investors?
Frikly has 6 investors. Key investors include Velvet Sea Ventures, SK Ventures, James Savarese, Kishor Mundhra, and Lata Mundra.
What is Frikly's valuation?
The valuation of Frikly is $3.17M as of Jun 2022.