About Heelium
Heelium is a company based in Pune (India) founded in 2017 by Prateek Sharma and Siddharth Jain.. Heelium has raised $58.22 thousand across 2 funding rounds from investors including CIIE and K-Startup Grand Challenge. The company has 17 employees as of April 08, 2024. Heelium offers products and services including Bamboo Men Ankle Socks, Bamboo Bath Towel, and Bamboo Underwear Trunk.
- Headquarter Pune, India
- Employees 17 as on 08 Apr, 2024
- Founders Prateek Sharma, Siddharth Jain
- Stage Minicorn
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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 Heelium Sports Private Limited
- Date of Incorporation 25 Jul, 2017
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$1.78 M (USD)40.41as on Mar 31, 2023
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Net Profit
$31.79 K (USD)-80.74as on Mar 31, 2023
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EBITDA
$42 K (USD)-79.77as on Mar 31, 2023
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Total Equity Funding
$58.22 K (USD)
in 2 rounds
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Latest Funding Round
$58.22 K (USD), Seed
Jul 20, 2018
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Investors
CIIE
& 1 more
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Employee Count
17
as on Apr 08, 2024
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Products & Services of Heelium
Heelium offers a comprehensive portfolio of products and services, including Bamboo Men Ankle Socks, Bamboo Bath Towel, and Bamboo Underwear Trunk. 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.
Comfortable bamboo socks designed for men to reduce odor.
Absorbent towel made from bamboo for daily use.
Men's underwear providing soft, breathable support.
Funding Insights of Heelium
Heelium has successfully raised a total of $58.22K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $58.22 thousand completed in July 2018. 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 — $58,222
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Seed - Heelium | Valuation | CIIE |
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| Jun, 2018 | Amount | Grant - Heelium | 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 Heelium
Heelium has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include CIIE and K-Startup Grand Challenge. 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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Sector-agnostic acceleration is provided to startups through global programs.
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Founded Year | Domain | Location | |
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Startup incubator
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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 Heelium
| 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 - Heelium
| 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 |
Heelium Comparisons
Competitors of Heelium
| 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 Heelium
When was Heelium founded?
Heelium was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Heelium located?
Heelium is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Heelium?
Prateek Sharma is the current CEO of Heelium. They have also founded this company.
Is Heelium a funded company?
Heelium is a funded company, having raised a total of $58.22K across 2 funding rounds to date.
How many employees does Heelium have?
As of Apr 08, 2024, the latest employee count at Heelium is 17.
What is the annual revenue of Heelium?
Annual revenue of Heelium is $1.78M as on Mar 31, 2023.
What does Heelium do?
Heelium was founded in 2017 in Pune, India, within the sustainable apparel sector. Bamboo-based products, including socks, towels, and innerwear, are offered in various styles and colors. Categories encompass ankle socks, crew socks, bath towels, hand towels, underwear, and vests. Ethically sourced materials are utilized throughout the range, with multi-packs provided for many items. Operations are centered on textile sales via the companys domain.
What products or services does Heelium offer?
Heelium offers Bamboo Men Ankle Socks, Bamboo Bath Towel, and Bamboo Underwear Trunk.
Who are Heelium's investors?
Heelium has 2 investors. Key investors include CIIE, and K-Startup Grand Challenge.
What is Heelium's valuation?
The valuation of Heelium is $1.52M as of Jul 2018.