About Honestly
Honestly is a company based in Bengaluru (India) founded in 2024 by Vivek Madani and Karishma Rathaur. Honestly has raised $382.5 thousand across 1 funding round from investors including Better Capital and QED Innovation Labs. Honestly operates in a competitive market with competitors including GlaMate, bdazlai, Dermatocare, SkinMinds and Ikinaki, among others.
- Headquarter Bengaluru, India
- Founders Vivek Madani, Karishma Rathaur
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Madrat 24 Labs Private Limited
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$382.5 K (USD)
in 1 rounds
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Latest Funding Round
$382.5 K (USD), Seed
Jul 18, 2024
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Investors
Better Capital
& 1 more
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Employee Count
Not available
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Funding Insights of Honestly
Honestly has successfully raised a total of $382.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $382.5 thousand completed in July 2024. 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 Honestly
Honestly has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Better Capital and QED Innovation Labs.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage companies are invested in by Better Capital.
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Venture capital funding is provided to innovative startups in India.
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Investor details for Honestly
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Investments & Acquisitions by Honestly
Investment portfolio details for Honestly
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Financial Statements - Honestly
Detailed financials for Honestly
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Honestly Comparisons
Peer comparison for Honestly
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Competitors of Honestly
Honestly 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 GlaMate, bdazlai, Dermatocare, SkinMinds and Ikinaki, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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An AI-powered online platform that aggregates and compares skincare products for personalized recommendations.
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A platform using AI to help users make informed personal care decisions.
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Offers AI-powered tools for personalized skin and hair care recommendations and consultations.
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Personalized skincare solutions are provided via AI-based skin analysis.
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Ikinaki is a trial-based aggregator for beauty and lifestyle products.
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Detailed competitors of Honestly
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Latest news on Honestly
Complete news archive for Honestly
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Frequently Asked Questions about Honestly
Honestly was founded in 2024.
Honestly is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Honestly is a funded company, having raised a total of $382.5K across 1 funding round to date.
Honestly was founded in 2024 in Bengaluru, India. A platform is operated to enable individuals to explore and acquire skincare products. Recommendations are generated using ingredient science and authentic user reviews, supporting decisions on skincare routines. Focus is placed on the beauty and personal care sector, with services centered on informed product discovery.
Honestly has 2 investors. Key investors include Better Capital, and QED Innovation Labs.