About ID Being Cult
ID Being Cult is a company based in Noida (India) founded in 1993 by Inder Dev Singh Musafir.. ID Being Cult has raised $4.01 million across 1 funding round from investors including ST Asset Management. The company has 263 employees as of April 09, 2024. ID Being Cult operates in a competitive market with competitors including Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, among others.
- Headquarter Noida, India
- Employees 263 as on 09 Apr, 2024
- Founders Inder Dev Singh Musafir
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name M & B Footwear Private Limited
- Date of Incorporation 09 Jun, 1993
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$12.2 M (USD)45.81as on Mar 31, 2023
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Net Profit
$185.11 K (USD)-54.53as on Mar 31, 2023
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EBITDA
$439.93 K (USD)69.05as on Mar 31, 2023
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Total Equity Funding
$4.01 M (USD)
in 1 rounds
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Latest Funding Round
$4.01 M (USD), Series A
Jan 18, 2007
- Investors
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Employee Count
263
as on Apr 09, 2024
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Funding Insights of ID Being Cult
ID Being Cult has successfully raised a total of $4.01M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.01 million completed in January 2007. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $4.0M
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First Round
First Round
(18 Jan 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2007 | Amount | Series A - ID Being Cult | Valuation |
investors |
| 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 ID Being Cult
ID Being Cult has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ST Asset Management. 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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Assets are managed by ST Asset Management in Singapore.
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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 ID Being Cult
| 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 - ID Being Cult
| 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 |
Id Being Cult Comparisons
Competitors of ID Being Cult
ID Being Cult 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 Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, 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 |
Apparel and accessories for children are provided online.
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| domain | founded_year | HQ Location |
Multi-category fashion products are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category fashion for men and women is offered online.
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| domain | founded_year | HQ Location |
Internet first brand of clothing, footwear, and accessories for women, men, and kids
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| domain | founded_year | HQ Location |
Everyday fashion apparel, accessories, and combo options are retailed.
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| domain | founded_year | HQ Location |
Internet first brand offering apparel wear for women and men
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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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Frequently Asked Questions about ID Being Cult
When was ID Being Cult founded?
ID Being Cult was founded in 1993 and raised its 1st funding round 14 years after it was founded.
Where is ID Being Cult located?
ID Being Cult is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is ID Being Cult a funded company?
ID Being Cult is a funded company, having raised a total of $4.01M across 1 funding round to date. The company's 1st funding round was a Series A of $4.01M, raised on Jan 18, 2007.
How many employees does ID Being Cult have?
As of Apr 09, 2024, the latest employee count at ID Being Cult is 263.
What is the annual revenue of ID Being Cult?
Annual revenue of ID Being Cult is $12.2M as on Mar 31, 2023.
What does ID Being Cult do?
ID Being Cult was founded in 1993 by Inder Dev Singh Musafir and is based in Noida, India. Operations are centered on the apparel sector, where mens clothing is provided through an online-first approach. The brand focuses on e-commerce distribution and direct-to-consumer sales, serving customers primarily in the Indian market with a range of casual and formal wear options.
Who are the top competitors of ID Being Cult?
Who are ID Being Cult's investors?
ID Being Cult has 1 investor. Key investors include ST Asset Management.
What is ID Being Cult's valuation?
The valuation of ID Being Cult is $25.44M as of Jan 2007.