About Limeroad
Limeroad is a company based in Gurugram (India) founded in 2012 by Ankush Mehra was acquired by V-Mart in October 2022. Limeroad has raised $51.95 million across 5 funding rounds from investors including VMart Retail, Lightspeed India and Z47. The company has 10,640 employees as of March 29, 2024. Limeroad operates in a competitive market with competitors including Poshmark, CityMall, Meilishuo, LehLah and Oyela, among others.
- Headquarter Gurugram, India
- Employees 10640 as on 29 Mar, 2024
- Founders Ankush Mehra
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name V-Mart Retail Limited
- Date of Incorporation 24 Jul, 2002
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$327.87 M (USD)13.18as on Mar 31, 2024
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Net Profit
-$11.3 M (USD)-1132.77as on Mar 31, 2024
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EBITDA
$24.89 M (USD)-20.77as on Mar 31, 2024
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Total Equity Funding
$51.95 M (USD)
in 5 rounds
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Latest Funding Round
$1.5 M (USD), Series C
Oct 17, 2020
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Investors
VMart Retail
& 4 more
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Employee Count
10640
as on Mar 29, 2024
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Acquired by
V-Mart
(Oct 17, 2022)
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Funding Insights of Limeroad
Limeroad has successfully raised a total of $51.95M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $1.5 million completed in October 2020. 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.
Investors in Limeroad
Limeroad has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include VMart Retail, Lightspeed India and Z47.
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Venture capital investing in innovative startups across technology sectors.
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Private equity firm focused on multiple sectors
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Investor details for Limeroad
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Investments & Acquisitions by Limeroad
Investment portfolio details for Limeroad
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Financial Statements - Limeroad
Detailed financials for Limeroad
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Limeroad Comparisons
Peer comparison for Limeroad
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Competitors of Limeroad
Limeroad 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 Poshmark, CityMall, Meilishuo, LehLah and Oyela, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Used multi-category products are traded via an app-based social marketplace.
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Multi-category products are retailed online by CityMall.
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Social shopping platform of fashion products
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Monetize social media content effortlessly
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Multi-category fashion products are offered through an app-based community marketplace.
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Detailed competitors of Limeroad
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Latest news on Limeroad
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Frequently Asked Questions about Limeroad
Limeroad was founded in 2012.
Limeroad is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Limeroad is a funded company, having raised a total of $51.95M across 5 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Limeroad is 10,640.
Annual revenue of Limeroad is $327.87M as on Mar 31, 2024.
Limeroad was founded in 2012 in Gurugram, India, as an online platform in the fashion retail sector. Womens fashion products are aggregated and sold through user-created looks shared socially on the app. Operations include an affiliate model where leads generated by creators result in earnings for them. The marketplace facilitates social interactions centered on fashion discovery and purchases.
Limeroad has 5 investors. Key investors include VMart Retail, Lightspeed India, Z47, MA WillMind Holdings, and Tiger Global.