About Honesthome
Honesthome is a Retail company based in Sonipat (India) founded in 2019 by Mayank Sisodia. Natural home care products are offered online by Honesthome. It operates in the Retail and Consumer sectors. Honesthome has raised $956.86 thousand across 3 funding rounds from investors including OG Capital, Anupam Mittal and Amit Jain. The company has 1 employees. Honesthome was last valued at $4.17 million in January 2024. Its website honesthome.in draws about 19 thousand monthly visits. Its Indian entity Xyntac Retail Private Limited reported revenue of ₹18.04 Cr. Its focus areas include Home Care E-Commerce, Multi Category, Natural and Internet First Brand. Its competitors include BECO, Happi Planet and BubbleNutWash; 3 of its 3 listed competitors have raised funding.
Company details
Honesthome was founded in 2019 and is based in Sonipat, India. An online platform is maintained for distributing natural home care items, including aluminum foil, butter paper wrap, poop bags, facial tissues, garbage bags, toilet tissues, floor cleaner, and dishwash products. The assortment focuses on household essentials, with claims made that materials are organic, eco-friendly, and sustainably sourced. Operations center on e-commerce within the consumer goods sector.
- Headquarters Sonipat, India
- Employees 1
- Founders Mayank Sisodia
- Stage Minicorn
- SectorsRetailConsumer
- Email••••••••
- Phone•••• ••••
- Website honesthome.in
- Social LinkedIn
- Legal Name Xyntac Retail Private Limited
- Date of Incorporation 12 Mar, 2019
- Jurisdiction Sonipat, Haryana, India
- Annual Revenue₹18.04 Cr
FY 2025 · +79% YoY
- Net Profit₹30.1 Lakh
FY 2025 · 2% margin
- EBITDA₹65.7 Lakh
FY 2025 · 4% margin
- Total Equity Funding$956.86K (USD)
in 3 rounds
- Latest Funding Round$800K (USD), Seed
Feb 2025
- InvestorsOG Capital
& 15 more
- Employee Count1
Associated legal entities of Honesthome
Honesthome operates through Xyntac Retail Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xyntac Retail Private Limited CIN U74999HR2019PTC079050 | Active | 12 Mar 2019 | Sonipat, Haryana | ₹18.0 Cr | 19 | 2 | View details |
Funding Insights of Honesthome
Honesthome has successfully raised a total of $956.86K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $800 thousand completed in February 2025. 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 $956,864
- Total Rounds 3
- Last Round Seed — $800,000
- First Round $12,530
(Jul 2022)
- Investors Count 16
All 3 funding rounds of Honesthome 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 |
|---|---|---|---|---|---|
| Feb 2025 | $800,000 | Seed | – | Ortella Global Capital | |
| Jan 2024 | $144,334 | Angel Round | $4.17M | Puru Gupta, Amit Jain | |
| Jul 2022 | $12,530 | Angel Round | $2.51M | Rajan Sharma |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $4.17M | •••••••• |
| Jul 2022 | $2.51M | •••••••• |
Last known valuation $4.17M (Jan 2024). 16 investors in total: 1 institutional and 15 angel.
Investors in Honesthome
Honesthome has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include OG Capital, Anupam Mittal and Amit Jain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is offered to support innovative startups. | ogcapital.one | India | ||
AM Anupam Mittal | Founder of Shaadi.com, angel investor, Shark Tank India judge | unknown_7785cd47f84040fab | ||
AJ Amit Jain | CEO of CarDekho, prominent angel investor in Indian startups | unknown_298e5c370c2440a8a | ||
RS Rajan Sharma | Angel investor focusing on Indian startups, tech enthusiast | unknown_1dac12516510432f8 | ||
PG Puru Gupta | unknown_0b24e2a910984e7a8 | |||
KV Krishna V Iyer | unknown_98d57e658a2d4df18 | |||
AS Aseem Sood | CEO of Impact Analytics, active angel investor in Indian startups | unknown_b13cd4b56dac477e8 | ||
VD Vijayendra Datta | unknown_3aa90d29e035482c9 | |||
RM Reshba Munjal | unknown_7eca04187fd54b4f8 | |||
SM Sreejith Moolayil | Co-founder of Truecaller, active angel investor in Indian startups | unknown_2608ec303e364df0b |
Investor details for Honesthome
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Xyntac Retail Private Limited (Honesthome)
Xyntac Retail Private Limited is the primary company behind Honesthome. The board of Xyntac Retail Private Limited currently have 2 directors; the longest-serving is Mayank Pratap Sisodia, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mayank Pratap Sisodia DIN 08387177 | Director | 12 Mar 2019 | 7 yrs 8 mo | Xyntac Retail Private Limited |
| Tarun Jyot Singh DIN 08625386 | Director | 22 Feb 2020 | 6 yrs 8 mo | Xyntac Retail Private Limited |
People of Honesthome
1 people are tracked at Honesthome (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Honesthome
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Honesthome
Figures of Xyntac Retail Private Limited, the primary company behind Honesthome, for FY 2025. Revenue was ₹18.04 Cr (+79% year on year). Net profit was ₹30.1 Lakh (2% margin). EBITDA was ₹65.7 Lakh (4% margin). Revenue has grown at a compounded annual rate of +63% over three years and +49% over five years.
- ₹18.04 CrRevenue · FY 2025 · +79% YoY
- ₹30.1 LakhNet profit · 2% margin
- ₹65.7 LakhEBITDA · 4% margin
- ₹6.5 LakhPaid-up capital
- 19Employees (provident fund records)
- +63%Revenue CAGR, 3 years
- +49%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xyntac Retail Private Limited are on its company page.
Detailed financial statements for Honesthome
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Honesthome
4 dated milestones of Honesthome across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Honesthome is founded.
- Funding First funding round of $13K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $800K.
Competitors of Honesthome
Honesthome has 3 listed competitors in our database, 3 of them funded. They include BECO, Happi Planet and BubbleNutWash.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| letsbeco.com | 2018 | Mumbai, India | $14M | 160 | Eco-friendly home, kitchen, and personal care products are provided online. | |
| happi-planet.com | 2021 | Mumbai, India | $3.17M | 10 | Eco-friendly home cleaners are supplied by Happi Planet. | |
| bubblenutwash.com | 2015 | Bengaluru, India | $102,437 | Laundry detergents and cleaning products are made from soapnuts. |
Detailed competitors of Honesthome
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Honesthome
The website of Honesthome (honesthome.in) receives about 19.4K visits a month.
- Monthly visits19.4K
▼ 38.6% vs previous month
Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Honesthome (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Quick-commerce platform delivering groceries, household essentials and other everyday products in India. | 2013 | Gurugram, Haryana, India | USD 757.12 M | 11,913 |
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Related news about Honesthome
Complete news archive for Honesthome
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Frequently Asked Questions about Honesthome
Honesthome was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Honesthome is headquartered in Sonipat, India. It is registered at Sonipat, Haryana, India.
Honesthome is a funded company, having raised a total of $956.86K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $12.53K, raised on Jul 2022.
Honesthome has 1 employees.
The primary company behind Honesthome, Xyntac Retail Private Limited, reported revenue of ₹18.04 Cr for FY 2025, up 79% year on year.
Honesthome was founded in 2019 and is based in Sonipat, India. An online platform is maintained for distributing natural home care items, including aluminum foil, butter paper wrap, poop bags, facial tissues, garbage bags, toilet tissues, floor cleaner, and dishwash products. The assortment focuses on household essentials, with claims made that materials are organic, eco-friendly, and sustainably sourced. Operations center on e-commerce within the consumer goods sector.
Honesthome's top competitors include BECO, Happi Planet and BubbleNutWash.
Honesthome has 16 investors. Key investors include OG Capital, Anupam Mittal, Amit Jain, Rajan Sharma, and Puru Gupta.
The valuation of Honesthome is $4.17M as of Jan 2024.
Honesthome operates through Xyntac Retail Private Limited.
The legal entities of Honesthome currently have 2 directors, including Mayank Pratap Sisodia, Tarun Jyot Singh.