About Hoopos
Hoopos is a company based in Bengaluru (India) founded in 2011 by Raveen Sastry was acquired by Babyoye in April 2013.. Hoopos operates in a competitive market with competitors including FirstCry, Babyoye, Newmi, TheBabyBo and thenestery, among others.
- Headquarter Bengaluru, India
- Founders Raveen Sastry
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Purple E- Retail India Private Limited
- Date of Incorporation 29 Jul, 2011
- Jurisdiction Bangalore, Karnataka, India
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Funding Insights of Hoopos
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2011 | Amount | Seed - Hoopos | Valuation | Helion Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hoopos
Hoopos has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Babyoye and Helion Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early to late-stage venture capital is invested in Indian sectors.
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Founded Year | Domain | Location | |
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Online portal for baby products, pregnancy infant-care and mother-care products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hoopos
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hoopos
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hoopos Comparisons
Competitors of Hoopos
Hoopos 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 FirstCry, Babyoye, Newmi, TheBabyBo and thenestery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering a wide range of baby, kids, and maternity products
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| domain | founded_year | HQ Location |
Online portal for baby products, pregnancy infant-care and mother-care products
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| domain | founded_year | HQ Location |
Products and services for women's health and wellness are provided.
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| domain | founded_year | HQ Location |
Curated subscription boxes of natural baby products are delivered online.
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| domain | founded_year | HQ Location |
Online retailer of baby products
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| domain | founded_year | HQ Location |
Multi-category mom and baby care products are retailed online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hoopos
Frequently Asked Questions about Hoopos
When was Hoopos founded?
Hoopos was founded in 2011.
Where is Hoopos located?
Hoopos is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What does Hoopos do?
Hoopos was founded in 2011 in Bengaluru, India, as an online retailer in the baby products sector. A collection of over 8000 items from global sources is maintained, encompassing diapers, apparel, essentials, and traditional toys for babies and maternity needs. Operations focus on e-commerce distribution. The company was acquired by BabyOye, another baby retail entity, in April 2013. Co-founder Raveen Sastry contributed to its establishment.
Who are Hoopos's investors?
Hoopos has 2 investors. Key investors include Babyoye, and Helion Venture Partners.