Hip Couch

Mumbai, India Founded: 2016 • Age: 10 yrs
Designers are connected to vendors via a B2B furniture marketplace.
Annual revenue $738,767 Latest available
Total funding $700,000 1 rounds
Employees 8 Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Hip Couch

Hip Couch is a company based in Mumbai (India) founded in 2016 by Parikshat Hemrajani. 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 as of April 05, 2024. Hip Couch offers products and services including Bespoke Design Services, Project Management, and Portfolio Consultation. Hip Couch operates in a competitive market with competitors including GoodHome, Khidki Homes, NovusIndia, Livospire and Duqaa, among others.

  • Headquarter Mumbai, India
  • Employees 8 as on 05 Apr, 2024
  • Founders Parikshat Hemrajani
  • Stage Minicorn
  • Sectors
    Retail
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Bruised Fabric Solutions Private Limited
  • Date of Incorporation 18 Nov, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $738.77 K (USD)
    114.75
    as on Mar 31, 2022
  • Net Profit
    -$82.75 K (USD)
    -6.9
    as on Mar 31, 2022
  • EBITDA
    -$83.26 K (USD)
    -2.34
    as on Mar 31, 2022
  • Total Equity Funding
    $700 K (USD)

    in 1 rounds

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

    Jan 13, 2017

  • Investors

    & 6 more

  • Employee Count
    8

    as on Apr 05, 2024

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Products & Services of Hip Couch

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

Product name locked
Category locked
Primary

Tailored designs for personalized home spaces and renovations.

Product name locked
Category locked
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End-to-end oversight from concept to completion for clients.

Product name locked
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Guidance on space transformations based on client preferences.

People of Hip Couch

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Aditya Belsare
Operations Manager

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Teams

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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.

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
Investor Description Founded Year Domain Location

Nikethana Thulasidharan

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Prashanth Chandran

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Anisha Thomas

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Investor details for Hip Couch

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

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Investments & Acquisitions by Hip Couch

Investments
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Investment portfolio details for Hip Couch

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Hip Couch

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Detailed financials for Hip Couch

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  • Historical revenue
  • Profit trends
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Hip Couch Comparisons

Hip Couch Primary company
Description
Designers are connected to vendors via a B2B furniture marke...
Location
Mumbai, India
Founded Year
2016
Annual Revenue
$738.77 K (USD)
Net Profit
-$82.75 K (USD)
EBITDA
-$83.26 K (USD)
Employees
8
As of 2024
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Peer comparison for Hip Couch

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Hip Couch

Hip Couch 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 GoodHome, Khidki Homes, NovusIndia, Livospire and Duqaa, among others.

Company Name Domain Founded year HQ Location Description
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Furniture and furnishing solutions are provided for B2B clients.
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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 Hip Couch

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Latest news on Hip Couch

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Complete news archive for Hip Couch

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  • Brand-specific news history

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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.

As of Apr 05, 2024, the latest employee count at Hip Couch is 8.

Annual revenue of Hip Couch is $738.77K as on Mar 31, 2022.

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 Duqaa.

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.

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