Hip Couch

Mumbai, India Founded: 2016 • Age: 10 yrs Minicorn
Designers are connected to vendors via a B2B furniture marketplace.

About Hip Couch

Hip Couch is a Retail company based in Mumbai (India) founded in 2016 by Parikshat Hemrajani. Designers are connected to vendors via a B2B furniture marketplace. It operates in the Retail and Consumer sectors. Hip Couch has raised $700 thousand across 1 funding round from investors including Nikethana Thulasidharan, Prashanth Chandran and Anisha Thomas. The company has 8 employees. Hip Couch was last valued at $1.47 million in January 2017. Its Indian entity Bruised Fabric Solutions Private Limited reported revenue of β‚Ή6.72 Cr. Hip Couch offers products and services including Bespoke Design Services, Project Management, and Portfolio Consultation. Its focus areas include B2B E-Commerce, Home Construction & Improvement, Furniture and Home decor and Marketplace. Its competitors include GoodHome, Khidki Homes and NovusIndia; 2 of its 3 listed competitors have raised funding.

Company details

HipCouch is a B2B marketplace for custom made and modular furniture. Claims to connect designers of customized furniture to established and verified vendors who manufacture the furniture based on an order from the designer. It acts as an intermediary between designers who can register themselves with the company and the furniture vendors. Claims to have on-boarded more than 100 vendors at present and operational only in Mumbai as of Jan17 but plans to expand to other cities including Bangalore, Pune, DelhiNCR and Chennai and add 2000 vendors by the end of 2017. Raised 700k in Angel round from undisclosed investors

  • Headquarters Mumbai, India
  • Employees 8
  • Founders Parikshat Hemrajani
  • Stage Minicorn
  • Sectors
    Retail
    Consumer
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website hipcouch.com
  • Social LinkedIn X Instagram
  • Legal Name Bruised Fabric Solutions Private Limited
  • Date of Incorporation 18 Nov, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹6.72 Cr

    FY 2024 · +26% YoY

  • Net Profit
    ₹3.3 Lakh

    FY 2024 · 0% margin

  • EBITDA
    ₹14.8 Lakh

    FY 2024 · 2% margin

  • Total Equity Funding
    $700K (USD)

    in 1 rounds

  • Latest Funding Round
    $700K (USD), Angel Round

    Jan 2017

  • Employee Count
    8

Products & Services of Hip Couch

Hip Couch offers a comprehensive portfolio of products and services, including Bespoke Design Services, Project Management, and Portfolio Consultation.

Bespoke Design Services
Interior Design

Tailored designs for personalized home spaces and renovations.

Project Management
Home Services

End-to-end oversight from concept to completion for clients.

Portfolio Consultation
Design Advisory

Guidance on space transformations based on client preferences.

Funding Insights of Hip Couch

Hip Couch has successfully raised a total of $700K through 1 strategic funding round. The most recent funding activity was a Angel Round of $700 thousand completed in January 2017. 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 1
  • Last Round Angel Round β€” $700,000
  • First Round $700,000

    (Jan 2017)

  • Investors Count 7

All 1 funding rounds of Hip Couch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017$700,000Angel Round$1.47MNikethana Thulasidharan
Valuation history
DateValuationStage
Jan 2017$1.47Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.47M (Jan 2017). 7 investors in total: 0 institutional and 7 angel.

Investors in Hip Couch

Hip Couch has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Nikethana Thulasidharan, Prashanth Chandran and Anisha Thomas.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Nikethana Thulasidharan

unknown_0e168a8326e041639

Prashanth Chandran

unknown_dfd39bf8c1c941c08

Anisha Thomas

unknown_e1d9054600704dafb

Tarbir Shahpuri

unknown_c7a11d2048aa4ac9a

Dipikka Kishnani

unknown_f4f5acb5882840f5a

Amairaah Kishanani

unknown_50682efd44e943c69

Mihir Shah

unknown_e3fef3e7025341feb
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Investor details for Hip Couch

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Board of directors of Bruised Fabric Solutions Private Limited (Hip Couch)

Bruised Fabric Solutions Private Limited is the primary company behind Hip Couch. The board of Bruised Fabric Solutions Private Limited currently have 4 directors; the longest-serving is Pankaj Kamal Poddar, appointed in 2016. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Pankaj Kamal Poddar
DIN 06739386
Director18 Nov 20169 yrs 11 moBruised Fabric Solutions Private Limited
Parikshat Naresh Hemrajani
DIN 06739391
Director18 Nov 20169 yrs 11 moBruised Fabric Solutions Private Limited
Thulasidharan Nikethana
DIN 02807099
Additional Director01 Jun 20197 yrs 5 moBruised Fabric Solutions Private Limited
Ridhi Agarwal
DIN 09846124
Additional Director03 Jan 20233 yrs 10 moBruised Fabric Solutions Private Limited

People of Hip Couch

2 people are tracked at Hip Couch (1 in leadership, 1 in team); the tracked headcount is 8.

NameRoleGroup
Co-FounderLeadership
Aditya Belsare
Operations ManagerTeam
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Financials of Hip Couch

Figures of Bruised Fabric Solutions Private Limited, the primary company behind Hip Couch, for FY 2024. Revenue was ₹6.72 Cr (+26% year on year). Net profit was ₹3.3 Lakh (0% margin). EBITDA was ₹14.8 Lakh (2% margin). Revenue has grown at a compounded annual rate of +33% over three years and +13% over five years.

  • ₹6.72 CrRevenue · FY 2024 · +26% YoY
  • ₹3.3 LakhNet profit · 0% margin
  • ₹14.8 LakhEBITDA · 2% margin
  • ₹7.3 LakhPaid-up capital
  • 8Employees (provident fund records)
  • +33%Revenue CAGR, 3 years
  • +13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Bruised Fabric Solutions Private Limited are on its company page.

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Detailed financial statements for Hip Couch

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Timeline of Hip Couch

3 dated milestones of Hip Couch across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hip Couch is founded.
  2. Funding First funding round of $700K.
  3. Milestone Reaches Minicorn status.

Competitors of Hip Couch

Hip Couch has 3 listed competitors in our database, 2 of them funded. They include GoodHome, Khidki Homes and NovusIndia.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thegoodhome.co.in2022Delhi, India$700,00017
Furniture and furnishing solutions are provided for B2B clients.
khidki.homes2021Bengaluru, India$1.27M28
Online platform offering building materials for professionals
novusindia.net2010Sahibzada Ajit Singh Nagar, India
An e-distributor specializing in home products for consumers.
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Detailed competitors of Hip Couch

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Web traffic of Hip Couch

The website of Hip Couch (hipcouch.com) receives about 3.4K visits a month.

  • Monthly visits
    3.4K

    ▼ 7.4% vs previous month

Similar websites

Websites whose visitors overlap most with Hip Couch. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
homemakersinterior.com
homemakersinterior.com
100%
#5,887,197–
iforinterior.in
97%
19KView details
aertsen.in
95%
7.5K#2,958,587View details
bonito.in
86%
31.2K#727,998View details
plyduniya.com
82%
#1,426,673View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 18 similar websites and full traffic analytics for Hip Couch

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  • 18 similar websites
  • Audience overlap
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Top companies in B2B Marketplaces & Wholesale

2 companies that operate in the same segment as Hip Couch (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
1999Noida, Uttar Pradesh, IndiaUSD 38.2 MUSD 167.23 M6,222
Digital procurement and supply solutions for construction materials are facilitated.
2016Thane, Maharashtra, IndiaUSD 783.57 MUSD 1.43 B2,645
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Related news about Hip Couch

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Frequently Asked Questions about Hip Couch

Hip Couch was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Hip Couch is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Hip Couch is a funded company, having raised a total of $700K across 1 funding round to date. The company's 1st funding round was a Angel Round of $700K, raised on Jan 2017.

Hip Couch has 8 employees.

The primary company behind Hip Couch, Bruised Fabric Solutions Private Limited, reported revenue of β‚Ή6.72 Cr for FY 2024, up 26% year on year.

HipCouch is a B2B marketplace for custom made and modular furniture. Claims to connect designers of customized furniture to established and verified vendors who manufacture the furniture based on an order from the designer. It acts as an intermediary between designers who can register themselves with the company and the furniture vendors. Claims to have on-boarded more than 100 vendors at present and operational only in Mumbai as of Jan17 but plans to expand to other cities including Bangalore, Pune, DelhiNCR and Chennai and add 2000 vendors by the end of 2017. Raised 700k in Angel round from undisclosed investors.

Hip Couch's top competitors include GoodHome, Khidki Homes and NovusIndia.

Hip Couch offers Bespoke Design Services, Project Management, and Portfolio Consultation.

Hip Couch has 7 investors. Key investors include Nikethana Thulasidharan, Prashanth Chandran, Anisha Thomas, Tarbir Shahpuri, and Dipikka Kishnani.

The valuation of Hip Couch is $1.47M as of Jan 2017.

Hip Couch operates through Bruised Fabric Solutions Private Limited.

The legal entities of Hip Couch currently have 4 directors, including Ridhi Agarwal, Pankaj Kamal Poddar, Parikshat Naresh Hemrajani and others.

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