Lucky Pai

Shanghai, China Founded: 2006 • Age: 20 yrs Acquired By Lotte
Retailer of home appliances, cosmetics, apparel, food, digital devices, and more
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About Lucky Pai

Lucky Pai is a company based in Shanghai (China) founded in 2006 was acquired by Lotte in August 2010.. Lucky Pai has raised $40 million across 2 funding rounds from investors including Lightspeed Venture Partners, Lotte and Lehman Brothers.

  • Headquarter Shanghai, China
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
Operational Areas
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $40 M (USD)

    in 2 rounds

  • Latest Funding Round
    $25 M (USD), Series B

    Feb 01, 2008

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Lotte

    (Aug 11, 2010)

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Funding Insights of Lucky Pai

Lucky Pai has successfully raised a total of $40M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 2008. 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 Rounds 2
  • Last Round Series B — $25.0M
  • First Round

    (30 Sep 2006)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2008 Amount Series B - Lucky Pai Valuation

investors

Sep, 2006 Amount Series A - Lucky Pai Valuation

investors

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 Lucky Pai

Lucky Pai has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Lotte and Lehman Brothers. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment in technology startups focusing on compute, AI, and related innovations.
Founded Year Domain Location
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
Founded Year Domain Location
-
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 Lucky Pai

Investments
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 - Lucky Pai

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Lucky Pai Comparisons

Employees
+
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Competitors of Lucky Pai

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.

Latest news on Lucky Pai

Frequently Asked Questions about Lucky Pai

When was Lucky Pai founded?

Lucky Pai was founded in 2006.

Where is Lucky Pai located?

Lucky Pai is headquartered in Shanghai, China.

Is Lucky Pai a funded company?

Lucky Pai is a funded company, having raised a total of $40M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Sep 30, 2006.

What does Lucky Pai do?

Lucky Pai was founded in 2006 and is headquartered in Shanghai, China. Operations are focused on retail across multiple sectors, including home appliances, cosmetics, apparel, food items, and digital devices. Products are offered through online platforms at luckypai.com, serving consumers in the domestic market. Expansion has been noted in diverse consumer goods categories since inception, with emphasis on standard retail services.

Who are Lucky Pai's investors?

Lucky Pai has 5 investors. Key investors include Lightspeed Venture Partners, Lotte, Lehman Brothers, Intel Capital, and Detong Capital.

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