About Hippily
Hippily was a Technology company based in Mumbai (India) founded in 2013 by Prajakt Deolasee. It serves as a mobile app for discovering products through social connections. It operates on a B2C model. Hippily has raised $250 thousand across 1 funding round. Its Indian entity Hippily Technology Private Limited reported revenue of ₹90.2 Lakh. The company is recorded as dissolved. Its focus areas include Mobile Applications, Social Commerce and Product Discovery. Its competitors include shoppin, BeStylish and Charmboard; 3 of its 3 listed competitors have raised funding.
Company details
Hippily, founded in 2013 in Mumbai, India, focuses on leveraging cutting-edge technology, developing user-friendly mobile apps, social commerce, and product discovery. Serves as a mobile app for discovering products through social connections. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Founders Prajakt Deolasee
- SectorsTechnology
- Website hippily.com
- Social X Facebook
- Legal Name Hippily Technology Private Limited
- Date of Incorporation 17 Dec, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹90.2 Lakh
FY 2018 · -44% YoY
- Net Loss-₹2.5 Lakh
FY 2018 · -3% margin
- EBITDA-₹76.7 Lakh
FY 2018 · -85% margin
- Total Equity Funding$250K (USD)
in 1 rounds
- Latest Funding Round$250K (USD), Seed
Apr 2016
Associated legal entities of Hippily
Hippily operates through Hippily Technology Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hippily Technology Private Limited CIN U72300MH2013PTC251132 | Strike Off | 17 Dec 2013 | Mumbai, Maharashtra | ₹0.9 Cr | 3 | View details |
Funding Insights of Hippily
Hippily has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Seed round of $250 thousand completed in April 2016. 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 $250,000
- Total Rounds 1
- Last Round Seed — $250,000
- First Round $250,000
(Apr 2016)
All 1 funding rounds of Hippily 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 |
|---|---|---|---|---|---|
| Apr 2016 | $250,000 | Seed | – | – | – |
Board of directors of Hippily Technology Private Limited (Hippily)
Hippily Technology Private Limited is the primary company behind Hippily. The board of Hippily Technology Private Limited currently have 3 directors; the longest-serving is Viswanath Ramachandran, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Viswanath Ramachandran DIN 01676482 | Director | 17 Dec 2013 | 12 yrs 10 mo | Hippily Technology Private Limited |
| Prajakta Deolasee DIN 05015027 | Director | 01 Apr 2015 | 11 yrs 6 mo | Hippily Technology Private Limited |
| Chitra Lakshmanan DIN 08411794 | Director | 31 Mar 2019 | 7 yrs 6 mo | Hippily Technology Private Limited |
People of Hippily
1 people are tracked at Hippily (1 in leadership).
| Name | Role | Group |
|---|---|---|
Prajakt Deolasee | Co Founder and CTO | Leadership |
Complete people profiles for Hippily
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 Hippily
Figures of Hippily Technology Private Limited, the primary company behind Hippily, for FY 2018. Revenue was ₹90.2 Lakh (-44% year on year). Net loss was -₹2.5 Lakh (-3% margin). EBITDA was -₹76.7 Lakh (-85% margin). Revenue has grown at a compounded annual rate of +727% over three years.
- ₹90.2 LakhRevenue · FY 2018 · -44% YoY
- -₹2.5 LakhNet loss · -3% margin
- -₹76.7 LakhEBITDA · -85% margin
- ₹71.8 LakhPaid-up capital
- +727%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hippily Technology Private Limited are on its company page.
Detailed financial statements for Hippily
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 Hippily
2 dated milestones of Hippily across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Hippily is founded.
- Funding First funding round of $250K.
Competitors of Hippily
Hippily has 3 listed competitors in our database, 3 of them funded. They include shoppin, BeStylish and Charmboard.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shoppin.app | 2024 | Gurugram, India | $1M | Provider of AI-powered fashion destination designed for womens clothing shopping | ||
| bestylish.com | 2011 | Gurugram, India | $14M | BeStylish serves as a product aggregator for ecommerce businesses. | ||
| charmboard.com | 2014 | Bengaluru, India | $5.48M | 41 | Multi-category fashion products are offered via an online platform. |
Detailed competitors of Hippily
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Related news about Hippily
Complete news archive for Hippily
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Frequently Asked Questions about Hippily
Hippily was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Hippily is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Hippily is a funded company, having raised a total of $250K across 1 funding round to date. The company's 1st funding round was a Seed of $250K, raised on Apr 2016.
The primary company behind Hippily, Hippily Technology Private Limited, reported revenue of ₹90.2 Lakh for FY 2018, down 44% year on year.
Hippily, founded in 2013 in Mumbai, India, focuses on leveraging cutting-edge technology, developing user-friendly mobile apps, social commerce, and product discovery. Serves as a mobile app for discovering products through social connections. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Hippily's top competitors include BeStylish, Charmboard and shoppin.
Hippily operates through Hippily Technology Private Limited.
The legal entities of Hippily currently have 3 directors, including Prajakta Deolasee, Chitra Lakshmanan, Viswanath Ramachandran.