About Jovees
Jovees is a Consumer company based in Noida (India) founded in 2004. Herbal skincare and hair care products are manufactured by Jovees. Jovees has raised $870.74 thousand across 1 funding round from investors including Radhamadhavagrotech, Shribhawaniindia and Skmindia. The company has 70 employees. Jovees was last valued at $1.29 million in March 2014. Its chief executive, as recorded, is Rakhi Ahuja. Its website jovees.com draws about 51 thousand monthly visits. Jovees offers products and services including De-Tan Face Wash, Papaya Face Wash, Sun Aqua Gel, Rosemary Hair Growth Spray, and Niacinamide Serum. Its focus areas include Consumer Goods, Beauty & Personal Care Products, Multi Category and Natural. Its competitors include Mamaearth, WOW Skin Science and Dabur; 2 of its 3 listed competitors have raised funding.
Company details
Jovees was founded in 2004 in Noida, India, and operates within the herbal cosmetics sector. A range of skincare and hair care items is produced, including face washes, toners, scrubs, moisturizers, serums, and body care products. Formulations incorporate natural and Ayurvedic ingredients to address skin and hair concerns. All products are maintained as paraben-free, cruelty-free, and alcohol-free.
- Headquarters Noida, India
- Employees 70
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website jovees.com
- Social LinkedIn X Facebook Instagram
- Annual Revenue$12.75 M (USD)21as on Mar 31, 2024
- Net Profit-$969.47 K (USD)-112as on Mar 31, 2024
- EBITDA-$854.46 K (USD)-127as on Mar 31, 2024
- Total Equity Funding$870.74K (USD)
in 1 rounds
- Latest Funding Round$870.74K (USD), Seed
Mar 2014
- Employee Count70
Associated legal entities of Jovees
Jovees is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Joveda Herbal Care India Llp CIN AAO-9925 | Active | 22 Apr 2019 | Noida, Uttar Pradesh | 2 | View details | ||
| Jovees Herbal Products Private Limited CIN U24290UP2022PTC174197 | Active | 29 Nov 2022 | Noida, Uttar Pradesh | 2 | View details | ||
| Jovees Herbal Care India Limited CIN U51311UP1998PLC173128 | Active | 16 Nov 1998 | Noida, Uttar Pradesh | ₹106 Cr | 12 | 3 | View details |
Products & Services of Jovees
Jovees offers a comprehensive portfolio of products and services, including De-Tan Face Wash, Papaya Face Wash, Sun Aqua Gel, Rosemary Hair Growth Spray, and Niacinamide Serum.
Brightens and de-tans skin while hydrating.
Brightens, hydrates, and reduces pigmentation.
Provides lightweight UV protection for oily skin.
Controls hair fall and increases density naturally.
Brightens skin and hydrates with hyaluronic acid.
Funding Insights of Jovees
Jovees has successfully raised a total of $870.74K through 1 strategic funding round. The most recent funding activity was a Seed round of $870.74 thousand completed in March 2014. 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 $870,737
- Total Rounds 1
- Last Round Seed — $870,737
- First Round $870,737
(Mar 2014)
- Investors Count 15
All 1 funding rounds of Jovees 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 2014 | $870,737 | Seed | $1.29M | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2014 | $1.29M | •••••••• |
Last known valuation $1.29M (Mar 2014). 15 investors in total: 13 institutional and 2 angel.
Investors in Jovees
Jovees has secured backing from 15 investors, including institutional and angel investors. Prominent investors backing the company include Radhamadhavagrotech, Shribhawaniindia and Skmindia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investor details for Jovees
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Board of directors of Jovees
The boards of the 3 registered companies of Jovees currently have 3 directors; the longest-serving is Rakesh Ahuja, appointed in 1998. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rakesh Ahuja DIN 00224315 | Director | 26 Nov 1998 | 27 yrs 11 mo | Jovees Herbal Care India Limited |
| Ujjawal Ahuja DIN 05318222 | Designated Partner | 22 Apr 2019 | 7 yrs 6 mo | Joveda Herbal Care India Llp, Jovees Herbal Care India Limited, Jovees Herbal Products Private Limited |
| Yuvraj Ahuja DIN 00164675 | Designated Partner | 22 Apr 2019 | 7 yrs 6 mo | Joveda Herbal Care India Llp, Jovees Herbal Care India Limited, Jovees Herbal Products Private Limited |
People of Jovees
2 people are tracked at Jovees (2 in leadership); the tracked headcount is 70.
| Name | Role | Group |
|---|---|---|
Rakhi Ahuja | CEO | Leadership |
| Managing Director | Leadership |
Complete people profiles for Jovees
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Financials of Jovees
Figures of Jovees Herbal Care India Limited, the primary company behind Jovees, for FY 2024. Revenue was ₹106 Cr (+21% year on year). Net loss was -₹8.03 Cr (-8% margin). EBITDA was -₹7.07 Cr (-7% margin). Revenue has grown at a compounded annual rate of +33% over three years and +15% over five years.
- ₹106 CrRevenue · FY 2024 · +21% YoY
- -₹8.03 CrNet loss · -8% margin
- -₹7.07 CrEBITDA · -7% margin
- ₹19.5 LakhPaid-up capital
- 12Employees (provident fund records)
- +33%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Jovees Herbal Care India Limited are on its company page.
Detailed financial statements for Jovees
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Jovees
3 dated milestones of Jovees across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Jovees is founded.
- Funding First funding round of $871K.
- Milestone Reaches Minicorn status.
Competitors of Jovees
Jovees has 3 listed competitors in our database, 2 of them funded. They include Mamaearth, WOW Skin Science and Dabur.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mamaearth.in | 2016 | Gurugram, India | $89.36M | 1,900 | Online brand offering multi-category natural skin care and makeup products | |
| buywow.in | 2014 | Bengaluru, India | $98M | 100 | Organic beauty products are offered by an internet-first brand. | |
| dabur.com | 1884 | Delhi, India | 5,369 | Manufacturer of ayurvedic medicine and natural consumer products |
Detailed competitors of Jovees
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Web traffic of Jovees
The website of Jovees (jovees.com) receives about 50.9K visits a month.
- Monthly visits50.9K
▼ 20.9% vs previous month
Websites whose visitors overlap most with Jovees. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aromamagic.com | 100% | 71.9K | #489,417 | View details | |
univeda.fr | univeda.fr | 96% | #5,522,973 | – | |
| biotique.com | 96% | 127.9K | #278,609 | View details | |
cosmetiques-naturels.com | cosmetiques-naturels.com | 94% | – | ||
| sheshaayurveda.com | 83% | 356K | #225,867 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Jovees
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- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Jovees (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 60.63 M |
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Related news about Jovees
Complete news archive for Jovees
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Frequently Asked Questions about Jovees
Jovees was founded in 2004 and raised its 1st funding round 10 years after it was founded.
Jovees is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Rakhi Ahuja is the CEO of Jovees, as recorded in our data.
Jovees is a funded company, having raised a total of $870.74K across 1 funding round to date. The company's 1st funding round was a Seed of $870.74K, raised on Mar 2014.
Jovees has 70 employees.
Annual revenue of Jovees is $12.75M as on Mar 31, 2024.
Jovees was founded in 2004 in Noida, India, and operates within the herbal cosmetics sector. A range of skincare and hair care items is produced, including face washes, toners, scrubs, moisturizers, serums, and body care products. Formulations incorporate natural and Ayurvedic ingredients to address skin and hair concerns. All products are maintained as paraben-free, cruelty-free, and alcohol-free.
Jovees's top competitors include Mamaearth, Dabur and WOW Skin Science.
Jovees offers De-Tan Face Wash, Papaya Face Wash, Sun Aqua Gel, Rosemary Hair Growth Spray, and Niacinamide Serum.
Jovees has 15 investors. Key investors include Radhamadhavagrotech, Shribhawaniindia, Skmindia, Consolidatedmarketing, and Goodmorningbuildwell.
The valuation of Jovees is $1.29M as of Mar 2014.
Jovees is associated with 3 legal entities: Joveda Herbal Care India Llp, Jovees Herbal Care India Limited, Jovees Herbal Products Private Limited.