About Le15
Le15 is a company based in Mumbai (India) founded in 2010 by Pooja Dhingra.. Le15 has raised $1.04 million across 1 funding round from investors including Friends Chemicals Pvt Ltd, Kim Fashion Exports Pvt Ltd and Mrudula Parekh. The company has 77 employees as of March 28, 2024. Le15 offers products and services including Little Book of Cookies, Cakes, Macarons, and Cookies. Le15 operates in a competitive market with competitors including The Bread Company, cakefizz, Make My Cake, Feel Mighty and Crust n Cakes, among others.
- Headquarter Mumbai, India
- Employees 77 as on 28 Mar, 2024
- Founders Pooja Dhingra
- 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
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- Legal Name Le 15 Patisserie Private Limited
- Date of Incorporation 30 Jun, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.47 M (USD)19.53as on Mar 31, 2023
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Net Profit
$-239.52 K (USD)-2112.86as on Mar 31, 2023
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EBITDA
$-9.26 K (USD)-107.77as on Mar 31, 2023
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Total Equity Funding
$1.04 M (USD)
in 1 rounds
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Latest Funding Round
$1.04 M (USD), Series A
Oct 03, 2017
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Investors
Friends Chemicals Pvt Ltd
& 8 more
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Employee Count
77
as on Mar 28, 2024
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Products & Services of Le15
Le15 offers a comprehensive portfolio of products and services, including Little Book of Cookies, Cakes, Macarons, and Cookies. 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.
Book featuring easy eggless cookie recipes for home baking.
French-style cakes for occasions and gifting purposes.
Colorful macarons inspired by French traditions.
Variety of cookies with diverse flavors for snacking.
Funding Insights of Le15
Le15 has successfully raised a total of $1.04M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.04 million completed in October 2017. 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 — $1.0M
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First Round
First Round
(03 Oct 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - Le15 | Valuation | Mrudula Parekh |
| 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 Le15
Le15 has secured backing from 9 investors, including institutional and angel investors. Prominent investors backing the company include Friends Chemicals Pvt Ltd, Kim Fashion Exports Pvt Ltd and Mrudula Parekh. 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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MP
Mrudula Parekh |
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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 Le15
| 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 - Le15
| 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 |
Le15 Comparisons
Competitors of Le15
Le15 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 The Bread Company, cakefizz, Make My Cake, Feel Mighty and Crust n Cakes, 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 |
Multi-category bakery products are offered via an internet-first model.
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| domain | founded_year | HQ Location |
Online cake offerings and related e-store services in India.
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| domain | founded_year | HQ Location |
Operates an online platform for cake delivery services.
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| domain | founded_year | HQ Location |
Nutritious brownie products are sold online throughout India.
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| domain | founded_year | HQ Location |
Operates an online platform for ordering cakes and baked goods.
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| domain | founded_year | HQ Location |
Offers online cake ordering, delivery, and gift services in India.
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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 Le15
Frequently Asked Questions about Le15
When was Le15 founded?
Le15 was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is Le15 located?
Le15 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Le15?
Pooja Dhingra is the current CEO of Le15. They have also founded this company.
Is Le15 a funded company?
Le15 is a funded company, having raised a total of $1.04M across 1 funding round to date. The company's 1st funding round was a Series A of $1.04M, raised on Oct 03, 2017.
How many employees does Le15 have?
As of Mar 28, 2024, the latest employee count at Le15 is 77.
What is the annual revenue of Le15?
Annual revenue of Le15 is $1.47M as on Mar 31, 2023.
What does Le15 do?
Le15 was established in 2010 in Mumbai, India, as an internet-first brand in the baked desserts sector. A selection of products such as macarons, cupcakes, cakes, tarts, and others is provided through online channels. Operations focus on direct-to-consumer delivery within the region, with emphasis on variety in dessert offerings for urban markets.
Who are the top competitors of Le15?
Le15's top competitors include The Bread Company, cakefizz and Crust n Cakes.
What products or services does Le15 offer?
Le15 offers Little Book of Cookies, Cakes, Macarons, and Cookies.
Who are Le15's investors?
Le15 has 9 investors. Key investors include Friends Chemicals Pvt Ltd, Kim Fashion Exports Pvt Ltd, Mrudula Parekh, Rakesh Maria, and Vinod Chopra.
What is Le15's valuation?
The valuation of Le15 is $3.14M as of Oct 2017.