About Modani
Modani is a company based in Miami (United States) founded in 2007 was acquired by Optimal Investment Group in November 2021.. The company has 168 employees as of December 31, 2020.
- Headquarter Miami, United States
- Employees 168 as on 31 Dec, 2020
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Modani Furniture
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Maisons du Monde
& 1 more
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Employee Count
168
as on Dec 31, 2020
- Acquired by
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Funding Insights of Modani
| 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 Modani
Modani has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Maisons du Monde and Optimal Investment Group. 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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A private investment firm focused on acquiring and optimizing businesses.
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Founded Year | Domain | Location | |
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Home furnishings and decor are retailed by this French company.
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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 Modani
| 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 - Modani
| 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 |
Modani Comparisons
Competitors of Modani
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Modani
When was Modani founded?
Modani was founded in 2007.
Where is Modani located?
Modani is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
How many employees does Modani have?
As of Dec 31, 2020, the latest employee count at Modani is 168.
What does Modani do?
Modani was established in 2007 in Miami, United States, as a retailer focused on home furniture. Operations are centered in the furniture sector, with products distributed via the modani.com domain. A range of contemporary furniture items is offered to customers across the United States, including sofas, beds, and dining sets. The company maintains a presence in the competitive retail market, serving residential needs through direct sales and showroom displays.
Who are Modani's investors?
Modani has 2 investors. Key investors include Maisons du Monde, and Optimal Investment Group.