About Jovees
Jovees is a company based in Noida (India) founded in 2004.. Jovees has raised $870.74 thousand across 1 funding round from investors including Radhamadhavagrotech, Shribhawaniindia and Skmindia. The company has 70 employees as of February 29, 2024. Jovees offers products and services including De-Tan Face Wash, Papaya Face Wash, Sun Aqua Gel, Rosemary Hair Growth Spray, and Niacinamide Serum. Jovees operates in a competitive market with competitors including Mamaearth, WOW Skin Science, Dabur, Juicy Chemistry and The Body Shop India, among others.
- Headquarter Noida, India
- Employees 70 as on 29 Feb, 2024
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
$12.75 M (USD)21as on Mar 31, 2024
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Net Profit
$-969.47 K (USD)-112as on Mar 31, 2024
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EBITDA
$-854.46 K (USD)-127as on Mar 31, 2024
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Total Equity Funding
$870.74 K (USD)
in 1 rounds
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Latest Funding Round
$870.74 K (USD), Seed
Mar 25, 2014
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Investors
Radhamadhavagrotech
& 14 more
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Employee Count
70
as on Feb 29, 2024
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 1
- Last Round Seed — $870,737
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First Round
First Round
(25 Mar 2014)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2014 | Amount | Seed - Jovees | 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 Jovees
Jovees has secured backing from 15 investors, including institutional and angel investors. Prominent investors backing the company include Radhamadhavagrotech, Shribhawaniindia and Skmindia. 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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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 Jovees
| 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 - Jovees
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Jovees Comparisons
Competitors of Jovees
Jovees 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 Mamaearth, WOW Skin Science, Dabur, Juicy Chemistry and The Body Shop India, 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 |
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| domain | founded_year | HQ Location |
Online brand offering multi-category natural skin care and makeup products
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| domain | founded_year | HQ Location |
Organic beauty products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Manufacturer of ayurvedic medicine and natural consumer products
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| domain | founded_year | HQ Location |
Natural skin and hair care products are sold online.
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| domain | founded_year | HQ Location |
Cruelty-free beauty and body care products are retailed in India.
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| domain | founded_year | HQ Location |
Online platform offering beauty & personal care products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Jovees
Frequently Asked Questions about Jovees
When was Jovees founded?
Jovees was founded in 2004 and raised its 1st funding round 10 years after it was founded.
Where is Jovees located?
Jovees is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Jovees?
Rakhi Ahuja is the current CEO of Jovees.
Is Jovees a funded company?
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 25, 2014.
How many employees does Jovees have?
As of Feb 29, 2024, the latest employee count at Jovees is 70.
What is the annual revenue of Jovees?
Annual revenue of Jovees is $12.75M as on Mar 31, 2024.
What does Jovees do?
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.
Who are the top competitors of Jovees?
Jovees's top competitors include Mamaearth, The Body Shop India and Dabur.
What products or services does Jovees offer?
Jovees offers De-Tan Face Wash, Papaya Face Wash, Sun Aqua Gel, Rosemary Hair Growth Spray, and Niacinamide Serum.
Who are Jovees's investors?
Jovees has 15 investors. Key investors include Radhamadhavagrotech, Shribhawaniindia, Skmindia, Consolidatedmarketing, and Goodmorningbuildwell.
What is Jovees's valuation?
The valuation of Jovees is $1.29M as of Mar 2014.