About GoodHome
GoodHome is a Retail company based in Delhi (India) founded in 2022 by Vikas Balhara and Pratiroop Mehta. Furniture and furnishing solutions are provided for B2B clients. It operates on a Direct-to-Consumer (D2C) and B2B2C model in Retail and Consumer sectors. GoodHome has raised $700 thousand across 2 funding rounds from investors including Mayank Jain, Aditya Jain and Amit Goyal. The company has 31 employees. GoodHome was last valued at $1.92 million in June 2022. Its chief executive, as recorded, is Pratiroop Mehta. Its Indian entity Magic Potion Ventures Private Limited reported revenue of ₹3.41 Cr. GoodHome offers products and services including B2B Furniture Solutions and Bespoke Furniture Design. Its focus areas include Consumer Goods, Furniture and B2B Furniture Supply. Its competitors include Hip Couch, Khidki Homes and NovusIndia; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Delhi, India
- Employees 31
- Founders Vikas Balhara, Pratiroop Mehta
- Stage Minicorn
- SectorsRetailConsumer
- Phone•••• ••••
- Website thegoodhome.co.in
- Social LinkedIn
- Legal Name Magic Potion Ventures Pvt Ltd
- Date of Incorporation 24 Dec, 2021
- Jurisdiction Delhi, India
- Annual Revenue₹3.41 Cr
FY 2023 · +365579% YoY
- Net Loss-₹2.16 Cr
FY 2023 · -63% margin
- EBITDA-₹2.13 Cr
FY 2023 · -62% margin
- Total Equity Funding$700K (USD)
in 2 rounds
- Latest Funding Round$700K (USD), Angel Round
Jun 2022
- InvestorsFoundamental
& 17 more
- Employee Count31
Associated legal entities of GoodHome
GoodHome operates through Magic Potion Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magic Potion Ventures Private Limited CIN U72900DL2021PTC391703 | Active | 24 Dec 2021 | Delhi, Delhi | ₹3.4 Cr | 31 | 2 | View details |
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.
- Total Funding $700,000
- Total Rounds 2
- Last Round Angel Round — $700,000
- Investors Count 18
All 2 funding rounds of GoodHome with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $700,000 | Angel Round | $1.92M | Mayank Jain | |
| Jun 2022 | Seed | – | Foundamental | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $1.92M | •••••••• |
Last known valuation $1.92M (Jun 2022). 18 investors in total: 1 institutional and 17 angel.
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 |
|---|---|---|---|---|
Investments are made in AEC and construction technology globally. | foundamental.com | |||
MJ Mayank Jain | Co-founder of Scalenut, active angel investor in Indian startups | unknown_5683520b0ac24709a | ||
AJ Aditya Jain | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_51bdb8b335db490fa | ||
AG Amit Goyal | unknown_bb12e3003dbf42f58 | |||
AA Anuj Agarwal | Founder of Zyoin, angel investor in Indian startups, tech enthusiast | unknown_b1deafc4b7b44070a | ||
AB Anurag Bhasne | unknown_e11e91a156364075a | |||
AK Ankur Kalhar | unknown_0e3af44bd89f4cae8 | |||
DK Dinesh Kumar Chirla | unknown_b15d409eda5c40839 | |||
AR Amit Rakesh Sethi | unknown_cdb2d002eda843749 | |||
MK Manan Khurma | Founder of Cuemath, edtech innovator, and active angel investor in Indian startups. | unknown_c100c7762b8a40178 |
Investor details for GoodHome
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Magic Potion Ventures Private Limited (GoodHome)
Magic Potion Ventures Private Limited is the primary company behind GoodHome. The board of Magic Potion Ventures Private Limited currently have 2 directors; the longest-serving is Pratiroop Mehta, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratiroop Mehta DIN 02592397 | Director | 24 Dec 2021 | 4 yrs 10 mo | Magic Potion Ventures Private Limited |
| Vikas Balhara DIN 09508719 | Director | 18 Feb 2022 | 4 yrs 8 mo | Magic Potion Ventures Private Limited |
People of GoodHome
2 people are tracked at GoodHome (2 in leadership); the tracked headcount is 31.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for GoodHome
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of GoodHome
Figures of Magic Potion Ventures Private Limited, the primary company behind GoodHome, for FY 2023. Revenue was ₹3.41 Cr (+365579% year on year). Net loss was -₹2.16 Cr (-63% margin). EBITDA was -₹2.13 Cr (-62% margin).
- ₹3.41 CrRevenue · FY 2023 · +365579% YoY
- -₹2.16 CrNet loss · -63% margin
- -₹2.13 CrEBITDA · -62% margin
- ₹4.4 LakhPaid-up capital
- 31Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Magic Potion Ventures Private Limited are on its company page.
Detailed financial statements for GoodHome
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of GoodHome
4 dated milestones of GoodHome, from founding to its latest funding, stage changes and deals.
- Founded GoodHome is founded.
- Funding First funding round.
- Funding Latest funding round, Angel Round, of $700K.
- Milestone Reaches Minicorn status.
Competitors of GoodHome
GoodHome has 3 listed competitors in our database, 2 of them funded. They include Hip Couch, Khidki Homes and NovusIndia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hipcouch.com | 2016 | Mumbai, India | $700,000 | 6 | Designers are connected to vendors via a B2B furniture marketplace. | |
| khidki.homes | 2021 | Bengaluru, India | $1.27M | 28 | Online platform offering building materials for professionals | |
| novusindia.net | 2010 | Sahibzada Ajit Singh Nagar, India | An e-distributor specializing in home products for consumers. |
Detailed competitors of GoodHome
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as GoodHome (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 38.2 M | USD 167.23 M | 6,222 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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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 CEO of GoodHome, as recorded in our data. They have also founded this company.
GoodHome is a funded company, having raised a total of $700K across 2 funding rounds to date.
GoodHome has 31 employees.
The primary company behind GoodHome, Magic Potion Ventures Private Limited, reported revenue of ₹3.41 Cr for FY 2023, up 365579% year on year.
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 NovusIndia.
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.
GoodHome operates through Magic Potion Ventures Private Limited.