About GoodHome
GoodHome is a company based in Delhi (India) founded in 2022 by Vikas Balhara and Pratiroop Mehta. It operates as a Direct-to-Consumer (D2C) and B2B2C. GoodHome has raised $700 thousand across 2 funding rounds from investors including Mayank Jain, Aditya Jain and Amit Goyal. The company has 31 employees as of April 07, 2024. GoodHome offers products and services including B2B Furniture Solutions and Bespoke Furniture Design. GoodHome operates in a competitive market with competitors including Hip Couch, Khidki Homes, NovusIndia, Livospire and Duqaa, among others.
- Headquarter Delhi, India
- Employees 31 as on 07 Apr, 2024
- Founders Vikas Balhara, Pratiroop Mehta
- Stage Minicorn
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Sectors
RetailConsumer
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Phone
Locked
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Website
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Social
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- Legal Name Magic Potion Ventures Pvt Ltd
- Date of Incorporation 24 Dec, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$409.87 K (USD)365578.94as on Mar 31, 2023
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Net Profit
-$259.3 K (USD)-13710.14as on Mar 31, 2023
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EBITDA
-$298.31 K (USD)-15787.97as on Mar 31, 2023
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Total Equity Funding
$700 K (USD)
in 2 rounds
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Latest Funding Round
$700 K (USD), Angel Round
Jun 07, 2022
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Investors
Foundamental
& 17 more
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Employee Count
31
as on Apr 07, 2024
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Products & Services of GoodHome
GoodHome offers a comprehensive portfolio of products and services, including B2B Furniture Solutions and Bespoke Furniture Design.
Furniture is provided for B2B buyers with customization.
Custom designs are manufactured based on client specifications.
Funding Insights of GoodHome
GoodHome has successfully raised a total of $700K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $700 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.
Investors in GoodHome
GoodHome has secured backing from 18 investors, including angel and venture fund investors. Prominent investors backing the company include Mayank Jain, Aditya Jain and Amit Goyal.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in AEC and construction technology globally.
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MJ
Mayank Jain |
Co-founder of Scalenut, active angel investor in Indian startups
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Locked | Locked | Locked |
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AJ
Aditya Jain |
Angel investor, ex-entrepreneur, focused on early-stage Indian startups
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Locked | Locked | Locked |
Investor details for GoodHome
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by GoodHome
Investment portfolio details for GoodHome
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - GoodHome
Detailed financials for GoodHome
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- Historical revenue
- Profit trends
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Goodhome Comparisons
Peer comparison for GoodHome
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of GoodHome
GoodHome 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 Hip Couch, Khidki Homes, NovusIndia, Livospire and Duqaa, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Designers are connected to vendors via a B2B furniture marketplace.
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Online platform offering building materials for professionals
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An e-distributor specializing in home products for consumers.
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A private-label furniture retailer serving businesses.
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Operates as a B2B e-distributor platform for garden products.
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Detailed competitors of GoodHome
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Goodhome
Complete news archive for GoodHome
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- Older coverage
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Frequently Asked Questions about GoodHome
GoodHome was founded in 2022.
GoodHome is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Pratiroop Mehta is the current CEO of GoodHome. They have also founded this company.
GoodHome is a funded company, having raised a total of $700K across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at GoodHome is 31.
Annual revenue of GoodHome is $409.87K as on Mar 31, 2023.
B2B furniture solutions are offered by GoodHome to clients such as hotels, restaurants, and furniture retailers. High-quality products are supplied with a focus on meeting budget, design, and functional needs. Challenges in design, sourcing, manufacturing, transportation, and installation are addressed by an experienced team. Customizable options from over 10,000 products are made available, with flexible production capacity for varying order sizes. Daily design updates are shared via a mobile app to keep clients informed. The company serves the hospitality and retail sectors with a commitment to quality, price, and timely delivery.
GoodHome's top competitors include Hip Couch, Khidki Homes and Duqaa.
GoodHome offers B2B Furniture Solutions and Bespoke Furniture Design.
GoodHome has 18 investors. Key investors include Mayank Jain, Aditya Jain, Amit Goyal, Anuj Agarwal, and Anurag Bhasne.
The valuation of GoodHome is $1.92M as of Jun 2022.