About Lemonade
Lemonade is a company based in Gurugram (India) founded in 2022 by Sambuddha Bhattacharya and Gokul Ramanujam. It operates as a Direct-to-Consumer (D2C). Lemonade has raised $123.76 thousand across 2 funding rounds from investors including Angel List and Accelerating Asia Ventures. The company has 1 employees as of March 31, 2024. Lemonade offers products and services including Sustainable Polos, Cashmere Throws, and Leather Bags. Lemonade operates in a competitive market with competitors including Quince, Jaypore, Karghewale, House of Mangalam and India Circus, among others.
- Headquarter Gurugram, India
- Employees 1 as on 31 Mar, 2024
- Founders Sambuddha Bhattacharya, Gokul Ramanujam
- Stage Minicorn
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Citrea Growth Partners Private Limited
- Date of Incorporation 14 Jul, 2021
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$27.21 K (USD)0as on Mar 31, 2022
-
Net Profit
$-5.47 K (USD)0as on Mar 31, 2022
-
EBITDA
$-4.96 K (USD)0as on Mar 31, 2022
-
Total Equity Funding
$123.76 K (USD)
in 2 rounds
-
Latest Funding Round
-
Investors
Angel List
& 1 more
-
Employee Count
1
as on Mar 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Lemonade
Lemonade offers a comprehensive portfolio of products and services, including Sustainable Polos, Cashmere Throws, and Leather Bags. 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.
Sustainable polos are offered for eco-conscious fashion choices.
Luxury cashmere throws are provided for home styling needs.
High-quality leather bags are crafted for everyday use.
Funding Insights of Lemonade
Lemonade has successfully raised a total of $123.76K across 2 strategic funding rounds. 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 2
- Last Round Last Round
-
First Round
First Round
(10 Aug 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Lemonade | Valuation | Accelerating Asia |
|
| Aug, 2022 | Amount | Seed - Lemonade | Valuation | Angel List |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lemonade
Lemonade has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Angel List and Accelerating Asia Ventures. 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 |
|---|---|---|---|---|
|
Early-stage startups are accelerated and funded across Asia.
|
Founded Year | Domain | Location | |
|
Alternative investment platform for startups and investors is operated.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Lemonade
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Lemonade
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lemonade Comparisons
Competitors of Lemonade
Lemonade 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 Quince, Jaypore, Karghewale, House of Mangalam and India Circus, 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 fashion products are offered online for men and women.
|
|
| domain | founded_year | HQ Location |
Handcrafted and artisanal products are sold via an e-commerce platform.
|
|
| domain | founded_year | HQ Location |
Handlooms and crafts apparel are retailed for the fashion industry.
|
|
| domain | founded_year | HQ Location |
Online seller of organic camphor products for aromatherapy, cleaning, and religious use.
|
|
| domain | founded_year | HQ Location |
Custom-made lifestyle brand for fashion accessories and home decor etc.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Lemonade
When was Lemonade founded?
Lemonade was founded in 2022.
Where is Lemonade located?
Lemonade is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Lemonade?
Sambuddha Bhattacharya is the current CEO of Lemonade. They have also founded this company.
Is Lemonade a funded company?
Lemonade is a funded company, having raised a total of $123.76K across 2 funding rounds to date. The company's 1st funding round was a Seed of $123.76K, raised on Aug 10, 2022.
How many employees does Lemonade have?
As of Mar 31, 2024, the latest employee count at Lemonade is 1.
What is the annual revenue of Lemonade?
Annual revenue of Lemonade is $27.21K as on Mar 31, 2022.
What does Lemonade do?
Luxury apparel, footwear, home decor, and accessories are offered by Lemonade at competitive prices. The company focuses on sustainable fashion with a range of eco-friendly clothing like sustainable polos and t-shirts. High-quality home products such as cashmere throws and elegant rugs are also provided to enhance living spaces. Lemonade aims to dispel the notion that price reflects product cost by delivering luxury quality without significant markups. The brand serves a wide audience seeking affordable yet sophisticated products across apparel and home sectors.
Who are the top competitors of Lemonade?
Lemonade's top competitors include Quince, Jaypore and Karghewale.
What products or services does Lemonade offer?
Lemonade offers Sustainable Polos, Cashmere Throws, and Leather Bags.
Who are Lemonade's investors?
Lemonade has 2 investors. Key investors include Angel List, and Accelerating Asia Ventures.
What is Lemonade's valuation?
The valuation of Lemonade is $5.06M as of Aug 2022.