About Hotnot
Hotnot is a Retail company based in Delhi (India) founded in 2021. Online social media platform for fashion recommendations. Hotnot has raised $30.05 thousand across 1 funding round from investors including Vijay Damodara and Anish Anthony. The company has 1 employees. Hotnot was last valued at $1.49 million in March 2021. Its Indian entity Hotnot Private Limited reported revenue of ₹2.4 Lakh. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category.
Company details
Hotnot was founded in 2021 in Delhi, India, as an online social media platform focused on the fashion sector. Trends are displayed for users to like, dislike, or save images, with in-house styling tips and recommendations from creators provided. Product details are accessed by swiping up or clicking, and earnings are enabled from user posts. The mobile application is offered for Android and iOS devices.
- Headquarters Delhi, India
- Employees 1
- Stage Minicorn
- SectorsRetail
- Website hotnot.app
- Social LinkedIn X Facebook
- Legal Name Hotnot Private Limited
- Date of Incorporation 04 Feb, 2021
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.4 Lakh
FY 2022
- Net Loss-₹33.4 Lakh
FY 2022 · -1365% margin
- EBITDA-₹33.4 Lakh
FY 2022 · -1365% margin
- Total Equity Funding$30.05K (USD)
in 1 rounds
- Latest Funding Round$30.05K (USD), Angel Round
Mar 2021
- Employee Count1
Associated legal entities of Hotnot
Hotnot operates through Hotnot Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hotnot Private Limited CIN U72900TG2021PTC148330 | Active | 04 Feb 2021 | Hyderabad, Telangana | ₹0.0 Cr | 2 | View details |
Funding Insights of Hotnot
Hotnot has successfully raised a total of $30.05K through 1 strategic funding round. The most recent funding activity was a Angel Round of $30.05 thousand completed in March 2021. 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 $30,051
- Total Rounds 1
- Last Round Angel Round — $30,051
- First Round $30,051
(Mar 2021)
- Investors Count 2
All 1 funding rounds of Hotnot 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 |
|---|---|---|---|---|---|
| Mar 2021 | $30,051 | Angel Round | $1.49M | Vijay Damodara |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2021 | $1.49M | •••••••• |
Last known valuation $1.49M (Mar 2021). 2 investors in total: 0 institutional and 2 angel.
Investors in Hotnot
Hotnot has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Vijay Damodara and Anish Anthony.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VD Vijay Damodara | unknown_93da6a3107844df88 | |||
AA Anish Anthony | unknown_e1d680b284c742b19 |
Investor details for Hotnot
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Hotnot Private Limited (Hotnot)
Hotnot Private Limited is the primary company behind Hotnot. The board of Hotnot Private Limited currently have 2 directors; the longest-serving is Frederick Devarampati, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Frederick Devarampati DIN 07339116 | Director | 04 Feb 2021 | 5 yrs 8 mo | Hotnot Private Limited |
| Sree Sudha Kota DIN 09054122 | Director | 04 Feb 2021 | 5 yrs 8 mo | Hotnot Private Limited |
Financials of Hotnot
Figures of Hotnot Private Limited, the primary company behind Hotnot, for FY 2022. Revenue was ₹2.4 Lakh. Net loss was -₹33.4 Lakh (-1365% margin). EBITDA was -₹33.4 Lakh (-1365% margin).
- ₹2.4 LakhRevenue · FY 2022
- -₹33.4 LakhNet loss · -1365% margin
- -₹33.4 LakhEBITDA · -1365% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Hotnot Private Limited are on its company page.
Detailed financial statements for Hotnot
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 Hotnot
3 dated milestones of Hotnot, from founding to its latest funding, stage changes and deals.
- Founded Hotnot is founded.
- Funding First funding round of $30K.
- Milestone Reaches Minicorn status.
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Hotnot (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Frequently Asked Questions about Hotnot
Hotnot was founded in 2021.
Hotnot is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Hotnot is a funded company, having raised a total of $30.05K across 1 funding round to date. The company's 1st funding round was a Angel Round of $30.05K, raised on Mar 2021.
Hotnot has 1 employees.
The primary company behind Hotnot, Hotnot Private Limited, reported revenue of ₹2.4 Lakh for FY 2022.
Hotnot was founded in 2021 in Delhi, India, as an online social media platform focused on the fashion sector. Trends are displayed for users to like, dislike, or save images, with in-house styling tips and recommendations from creators provided. Product details are accessed by swiping up or clicking, and earnings are enabled from user posts. The mobile application is offered for Android and iOS devices.
Hotnot has 2 investors. Key investors include Vijay Damodara, and Anish Anthony.
The valuation of Hotnot is $1.49M as of Mar 2021.
Hotnot operates through Hotnot Private Limited.
The legal entities of Hotnot currently have 2 directors, including Frederick Devarampati, Sree Sudha Kota.