About LUZO
LUZO is a company based in Mumbai (India) founded in 2021 by Anurav Dave, Maan Jetley, and Nikhil Kalwani.. LUZO has raised $954.07 thousand across 3 funding rounds from investors including Enrission India Capital, 100X.VC and Yash Kotak. The company has 1 employees as of December 13, 2024. LUZO offers products and services including LUZO App. LUZO operates in a competitive market with competitors including Vagaro, Vyomo, Be U Salons, Glam Studios and ditto, among others.
- Headquarter Mumbai, India
- Employees 1 as on 13 Dec, 2024
- Founders Anurav Dave, Maan Jetley, Nikhil Kalwani
- Stage Minicorn
-
Sectors
Business ServicesHealthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Salonsurf Ventures Private Limited
- Date of Incorporation 22 Aug, 2022
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$397.47 K (USD)911.81as on Mar 31, 2024
-
Net Profit
$-70.69 K (USD)-235.48as on Mar 31, 2024
-
EBITDA
$-106.06 K (USD)-92.46as on Mar 31, 2024
-
Total Equity Funding
$954.07 K (USD)
in 3 rounds
-
Latest Funding Round
$550 K (USD), Seed
May 14, 2025
-
Investors
Enrission India Capital
& 7 more
-
Employee Count
1
as on Dec 13, 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 LUZO
LUZO offers a comprehensive portfolio of products and services, including LUZO App. 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.
Mobile app for scheduling salon and spa appointments with exclusive discounts.
Funding Insights of LUZO
LUZO has successfully raised a total of $954.07K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $550 thousand completed in May 2025. 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 3
- Last Round Seed — $550,000
-
First Round
First Round
(14 Oct 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Seed - LUZO | Valuation | Enrission India Capital |
|
| May, 2023 | Amount | Seed - LUZO | Valuation | 100X.VC | |
| Oct, 2022 | Amount | Seed - LUZO | Valuation | 100X.VC |
|
| 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 LUZO
LUZO has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Enrission India Capital, 100X.VC and Yash Kotak. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Early-stage startups are funded by 100X.VC venture capital firm.
|
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 LUZO
| 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 - LUZO
| 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 |
Luzo Comparisons
Competitors of LUZO
LUZO 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 Vagaro, Vyomo, Be U Salons, Glam Studios and ditto, 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 |
Online bookings for local salons and spas are facilitated.
|
|
| domain | founded_year | HQ Location |
Mobile Marketplace for beauty and wellness
|
|
| domain | founded_year | HQ Location |
App-based platform is used for booking salon appointments and services.
|
|
| domain | founded_year | HQ Location |
Salon appointments for beauty services are booked online by location.
|
|
| domain | founded_year | HQ Location |
Online platform that offers a booking and discovery service for spa and salon services
|
| 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 Luzo
Frequently Asked Questions about LUZO
When was LUZO founded?
LUZO was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is LUZO located?
LUZO is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of LUZO?
Anurav Dave is the current CEO of LUZO. They have also founded this company.
Is LUZO a funded company?
LUZO is a funded company, having raised a total of $954.07K across 3 funding rounds to date. The company's 1st funding round was a Seed of $154.07K, raised on Oct 14, 2022.
How many employees does LUZO have?
As of Dec 13, 2024, the latest employee count at LUZO is 1.
What is the annual revenue of LUZO?
Annual revenue of LUZO is $397.47K as on Mar 31, 2024.
What does LUZO do?
LUZO was founded in 2021 in Mumbai, India, as an online platform in the beauty and wellness sector. Users are connected to premium salons, spas, and clinics through curated booking services and exclusive offers. Appointments are scheduled, rescheduled, or canceled via the app, with payments handled at the establishment. Operations focus on discounted access to high-end services, ensuring straightforward interactions for customers across the region.
Who are the top competitors of LUZO?
LUZO's top competitors include Vagaro, Be U Salons and Glam Studios.
What products or services does LUZO offer?
LUZO offers LUZO App.
Who are LUZO's investors?
LUZO has 8 investors. Key investors include Enrission India Capital, 100X.VC, Yash Kotak, Cercle Wellness, and Kabir Kulkarni.
What is LUZO's valuation?
The valuation of LUZO is $1.01M as of Oct 2022.