About Funkfeets
Funkfeets is a company based in Kanpur (India) founded in 2017.. Funkfeets has raised $113.07 thousand across 2 funding rounds from investors including Dhianu Das, Abhishek Kochhar and Chinmay Ananda. Funkfeets offers products and services including AI Based Sneakers, Bamboo Unisex Socks, Chill Pill Unisex Sneakers, Chunky High Heeled Sneakers, and Daisyella Dress. Funkfeets operates in a competitive market with competitors including RapidBox, Comet, Neeman's, Joybean Shoes and Gully Labs, among others.
- Headquarter Kanpur, India
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Sectors
Retail
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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 Funkfeets Private Limited
- Date of Incorporation 05 Jul, 2017
- Jurisdiction Kanpur, Uttar Pradesh, India
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Annual Revenue
$21.14 K (USD)-41as on Mar 31, 2023
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Net Profit
$-2.9 K (USD)90as on Mar 31, 2023
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EBITDA
$-2.73 K (USD)90as on Mar 31, 2023
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Total Equity Funding
$113.07 K (USD)
in 2 rounds
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Latest Funding Round
$100.82 K (USD), Seed
Jul 27, 2021
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Investors
GSV
& 20 more
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Employee Count
Employee Count
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Products & Services of Funkfeets
Funkfeets offers a comprehensive portfolio of products and services, including AI Based Sneakers, Bamboo Unisex Socks, Chill Pill Unisex Sneakers, Chunky High Heeled Sneakers, and Daisyella Dress. 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.
Quirky sneakers designed with AI for unique and comfortable styles.
Eco-friendly socks made from bamboo fiber for breathable wear.
Casual sneakers offering comfort and durability for everyday use.
Stylish high-heeled sneakers designed for women with enhanced support.
Comfortable cotton dress for modern everyday fashion needs.
Funding Insights of Funkfeets
Funkfeets has successfully raised a total of $113.07K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100.82 thousand completed in July 2021. 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 Seed — $100,824
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First Round
First Round
(15 Sep 2020)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - Funkfeets | Valuation | Dhianu Das , Amit Kumar Singh | |
| Sep, 2020 | Amount | Seed - Funkfeets | Valuation |
investors |
| 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 Funkfeets
Funkfeets has secured backing from 21 investors, including angel and venture fund investors. Prominent investors backing the company include Dhianu Das, Abhishek Kochhar and Chinmay Ananda. 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 focused on early-stage companies
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Founded Year | Domain | Location | |
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DD
Dhianu Das |
Angel investor, co-founder of Alfa Ventures, focused on early-stage startups
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Founded Year | Domain | Location |
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AK
Abhishek Kochhar |
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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 Funkfeets
| 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 - Funkfeets
| 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 |
Funkfeets Comparisons
Competitors of Funkfeets
Funkfeets 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 RapidBox, Comet, Neeman's, Joybean Shoes and Gully Labs, 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 |
Multi-category fashion products and sneakers are sold online.
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| domain | founded_year | HQ Location |
Unisex lifestyle sneakers are designed and sold online by Comet.
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| domain | founded_year | HQ Location |
Eco-friendly footwear is provided online by Neeman's.
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| domain | founded_year | HQ Location |
An e-commerce platform offering a range of shoes for men and women
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| domain | founded_year | HQ Location |
Handmade sneakers for men and women are sold online.
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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 Funkfeets
When was Funkfeets founded?
Funkfeets was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Funkfeets located?
Funkfeets is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.
Is Funkfeets a funded company?
Funkfeets is a funded company, having raised a total of $113.07K across 2 funding rounds to date. The company's 1st funding round was a Seed of $12.25K, raised on Sep 15, 2020.
What is the annual revenue of Funkfeets?
Annual revenue of Funkfeets is $21.14K as on Mar 31, 2023.
What does Funkfeets do?
Funkfeets was established in 2017 in Kanpur, India, as an internet-first brand in the footwear sector. Products are provided exclusively through online channels to customers seeking options for women and men. Operations are centered on e-commerce distribution, with a focus on accessible apparel in the consumer goods industry. The company maintains its headquarters in India, serving regional and potentially broader markets via its digital platform.
Who are the top competitors of Funkfeets?
What products or services does Funkfeets offer?
Funkfeets offers AI Based Sneakers, Bamboo Unisex Socks, Chill Pill Unisex Sneakers, Chunky High Heeled Sneakers, and Daisyella Dress.
Who are Funkfeets's investors?
Funkfeets has 21 investors. Key investors include Dhianu Das, Abhishek Kochhar, Chinmay Ananda, Joy Bhattacharya, and Samiullah Shaik.
What is Funkfeets's valuation?
The valuation of Funkfeets is $463.91K as of Jul 2021.