GoodGudi

Bengaluru, India Founded: 2023 • Age: 3 yrs Minicorn
Lifestyle retail company focuses on offering a diverse range of aspirational products

About GoodGudi

GoodGudi is a Retail company based in Bengaluru (India) founded in 2023 by Chandan Kumar, Sagar Yarnalkar, and Anurag Gupta. Lifestyle retail company focuses on offering a diverse range of aspirational products. GoodGudi has raised $891.02 thousand across 3 funding rounds from investors including LetsVenture, April Ventures and Varun Khurana. The company has 32 employees. GoodGudi was last valued at $6.14 million in October 2024. Its chief executive, as recorded, is Chandan Kumar. Its website goodgudi.com draws about 15 thousand monthly visits. Its Indian entity Goodgudi Retail Private Limited reported revenue of ₹34.4 Lakh. GoodGudi offers products and services including Gifts and Accessories and Stationery Items. Its focus areas include Consumer Goods, Retail Chains, Horizontal and Convenience Stores.

Company details

GoodGudi was founded in 2023 and is headquartered in Bengaluru, India. Operations are centered on the lifestyle retail sector, where a range of products is provided across categories such as travel accessories, fashion accessories, home improvement items, toys, and cosmetics. The focus is placed on aspirational goods to meet varied consumer needs in the domestic market.

  • Headquarters Bengaluru, India
  • Employees 32
  • Founders Chandan Kumar, Sagar Yarnalkar, Anurag Gupta
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    ••••••••
  • Website goodgudi.com
  • Social LinkedIn Instagram
  • Legal Name Goodgudi Retail Private Limited
  • Date of Incorporation 07 Jun, 2023
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹34.4 Lakh

    FY 2024

  • Net Loss
    -₹1.19 Cr

    FY 2024 · -346% margin

  • EBITDA
    -₹1.12 Cr

    FY 2024 · -325% margin

  • Total Equity Funding
    $891.02K (USD)

    in 3 rounds

  • Latest Funding Round
    $78.72K (USD), Angel Round

    Oct 2024

  • Investors
    LetsVenture

    & 43 more

  • Employee Count
    32

Products & Services of GoodGudi

GoodGudi offers a comprehensive portfolio of products and services, including Gifts and Accessories and Stationery Items.

Gifts and Accessories
Retail Products

Gifts and accessories such as soft toys and greeting cards are sold by Goodgudi through online and physical channels for personal and decorative uses.

Stationery Items
Office Supplies

Stationery items like notebooks and pens are provided by Goodgudi for educational and creative purposes across its retail platforms.

Funding Insights of GoodGudi

GoodGudi has successfully raised a total of $891.02K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $78.72 thousand completed in October 2024. 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 $891,023
  • Total Rounds 3
  • Last Round Angel Round — $78,724
  • First Round $695,428

    (Aug 2023)

  • Investors Count 44

All 3 funding rounds of GoodGudi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024$78,724Angel Round$6.14M–
Aug 2024$116,871Seed$6.08MVaibhav Ravi Kashikar
Aug 2023$695,428Seed$•••••AC Ventures, Venkatram Krishnan
Valuation history
DateValuationStage
Oct 2024$6.14M••••••••
Aug 2024$6.08M••••••••
Aug 2023$•••••••••••••
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Full valuation and stage history of GoodGudi

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Last known valuation $6.14M (Oct 2024). 44 investors in total: 6 institutional and 38 angel.

Investors in GoodGudi

GoodGudi has secured backing from 44 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include LetsVenture, April Ventures and Varun Khurana.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Tech-enabled businesses across Southeast Asia are supported by ACV Capital.
acv.vcJakarta, Indonesia
Pre-seed investments in technology and Web3 startups.
2020aprilvc.comBengaluru, India
Early-stage startups are supported with equity capital and advisory services.
capinity.inMumbai, India
Limited information available
touchstone-ventures.comSingapore, Singapore
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India

Varun Khurana

Angel investor, tech entrepreneur, ex-CTO of Grofers, active in Indian startup ecosystem
unknown_1131888fb8d54a55a

Jash Bhargava Vatsaraj

unknown_b0e4eb82dfbd4a189

Divyen Rakesh

unknown_7d19ff2b114242a39

Yuvraj Dhillion

unknown_130622c66f744892b
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Investor details for GoodGudi

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Board of directors of Goodgudi Retail Private Limited (GoodGudi)

Goodgudi Retail Private Limited is the primary company behind GoodGudi. The board of Goodgudi Retail Private Limited currently have 3 directors; the longest-serving is Sagar Dhananjay Yarnalkar, appointed in 2023.

DirectorDesignationAppointedTenureEntity
Sagar Dhananjay Yarnalkar
DIN 01974034
Director07 Jun 20233 yrs 5 moGoodgudi Retail Private Limited
Chandan Kumar
DIN 06678162
Director07 Jun 20233 yrs 5 moGoodgudi Retail Private Limited
Anurag Gupta
DIN 07260790
Director07 Jun 20233 yrs 5 moGoodgudi Retail Private Limited

People of GoodGudi

3 people are tracked at GoodGudi (3 in leadership); the tracked headcount is 32.

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
Co-FounderLeadership
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Verified entity values are shown only after access is granted.

Financials of GoodGudi

Figures of Goodgudi Retail Private Limited, the primary company behind GoodGudi, for FY 2024. Revenue was ₹34.4 Lakh. Net loss was -₹1.19 Cr (-346% margin). EBITDA was -₹1.12 Cr (-325% margin).

  • ₹34.4 LakhRevenue · FY 2024
  • -₹1.19 CrNet loss · -346% margin
  • -₹1.12 CrEBITDA · -325% margin
  • ₹1.7 LakhPaid-up capital
  • 31Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Goodgudi Retail Private Limited are on its company page.

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Detailed financial statements for GoodGudi

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  • Downloads

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Timeline of GoodGudi

4 dated milestones of GoodGudi across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded GoodGudi is founded.
  2. Funding First funding round of $695K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $79K.

Web traffic of GoodGudi

The website of GoodGudi (goodgudi.com) receives about 14.8K visits a month.

  • Monthly visits
    14.8K

    ▲ 33.9% vs previous month

Top companies in Retail Stores & Chains

2 companies that operate in the same segment as GoodGudi (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Multi-format offline retail is operated in India.
1997Mumbai, Maharashtra, IndiaUSD 3.41 BUSD 280.87 K32
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Related news about Goodgudi

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Frequently Asked Questions about GoodGudi

GoodGudi was founded in 2023.

GoodGudi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Chandan Kumar is the CEO of GoodGudi, as recorded in our data. They have also founded this company.

GoodGudi is a funded company, having raised a total of $891.02K across 3 funding rounds to date. The company's 1st funding round was a Seed of $695.43K, raised on Aug 2023.

GoodGudi has 32 employees.

The primary company behind GoodGudi, Goodgudi Retail Private Limited, reported revenue of ₹34.4 Lakh for FY 2024.

GoodGudi was founded in 2023 and is headquartered in Bengaluru, India. Operations are centered on the lifestyle retail sector, where a range of products is provided across categories such as travel accessories, fashion accessories, home improvement items, toys, and cosmetics. The focus is placed on aspirational goods to meet varied consumer needs in the domestic market.

GoodGudi offers Gifts and Accessories and Stationery Items.

GoodGudi has 44 investors. Key investors include LetsVenture, April Ventures, Varun Khurana, Jash Bhargava Vatsaraj, and Divyen Rakesh.

The valuation of GoodGudi is $6.14M as of Oct 2024.

GoodGudi operates through Goodgudi Retail Private Limited.

The legal entities of GoodGudi currently have 3 directors, including Sagar Dhananjay Yarnalkar, Chandan Kumar, Anurag Gupta.

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