About Mylo
Mylo is a company based in Gurugram (India) founded in 2018 by Vinit Garg. It operates as a Direct-to-Consumer (D2C), and Subscription Box. Mylo has raised $27.61 million across 9 funding rounds from investors including Xiaomi, ITC and Alteria Capital. The company has 124 employees as of December 10, 2024. Mylo offers products and services including Mylo Baby Diapers, Stretch Marks Cream, and Baby Carrier. Mylo operates in a competitive market with competitors including Merlin Brands, RforRabbit, Blupin Technologies, Mi Arcus and HunyHuny, among others.
- Headquarter Gurugram, India
- Employees 124 as on 10 Dec, 2024
- Founders Vinit Garg
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Blupin Technologies Pvt Ltd
- Date of Incorporation 01 Feb, 2017
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$4.41 M (USD)134.53as on Mar 31, 2023
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Net Profit
$-4.59 M (USD)-102.03as on Mar 31, 2023
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EBITDA
$-6.19 M (USD)-100.74as on Mar 31, 2023
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Total Equity Funding
$27.61 M (USD)
in 9 rounds
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Latest Funding Round
$1.56 M (USD), Series B
Jun 02, 2025
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Investors
Xiaomi
& 24 more
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Employee Count
124
as on Dec 10, 2024
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Products & Services of Mylo
Mylo offers a comprehensive portfolio of products and services, including Mylo Baby Diapers, Stretch Marks Cream, and Baby Carrier. 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.
Disposable diapers designed for rash-free baby comfort daily.
Cream formulated to reduce stretch marks during pregnancy.
Carrier designed for safe and comfortable baby transport.
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Funding Insights of Mylo
Mylo has successfully raised a total of $27.61M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $1.56 million completed in June 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 9
- Last Round Series B — $1.6M
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First Round
First Round
(31 Jul 2018)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series B - Mylo | Valuation | Generational Capital | |
| Apr, 2025 | Amount | Series B - Mylo | Valuation | Alteria Capital | |
| Jul, 2024 | Amount | Series B - Mylo | Valuation |
investors |
| 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 Mylo
Mylo has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Xiaomi, ITC and Alteria Capital. 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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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location | |
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Venture debt funding and structured finance for innovative startups in India.
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Founded Year | Domain | Location | |
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Investments in healthcare companies across India and the US, focusing on building startups in sectors like mental health and diabetes management.
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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 Mylo
| 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 - Mylo
| 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 |
Mylo Comparisons
Competitors of Mylo
Mylo 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 Merlin Brands, RforRabbit, Blupin Technologies, Mi Arcus and HunyHuny, 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 |
Diversified consumer products are manufactured and distributed by Merlin Brands.
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| domain | founded_year | HQ Location |
Multi-category baby care products are offered through an internet-first brand.
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| domain | founded_year | HQ Location |
Platform offering mom and baby products and services
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| domain | founded_year | HQ Location |
Online platform selling baby clothing, toys, furniture, and maternity items.
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| domain | founded_year | HQ Location |
Internet first brand of baby cots, bath tubs, and garments
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| 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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Latest news on Mylo
Frequently Asked Questions about Mylo
When was Mylo founded?
Mylo was founded in 2018.
Where is Mylo located?
Mylo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Mylo?
Vinit Garg is the current CEO of Mylo. They have also founded this company.
Is Mylo a funded company?
Mylo is a funded company, having raised a total of $27.61M across 9 funding rounds to date. The company's 1st funding round was a Series B of $1.2M, raised on Jul 31, 2018.
How many employees does Mylo have?
As of Dec 10, 2024, the latest employee count at Mylo is 124.
What is the annual revenue of Mylo?
Annual revenue of Mylo is $4.41M as on Mar 31, 2023.
What does Mylo do?
Mylo is operated as an online platform in India, specializing in baby, mom, and pregnancy essential products. A wide range of items, including maternity wear, baby diapers, personal care, and baby gear, are offered to support young families. Solutions are provided through various product lines such as Mylo Care, Mylo Essentials, Mylo Veda, and Mylo Naturals, focusing on natural and safe ingredients. The platform also extends services through a community app for parenting support and educational content. Sectors served include personal care, wellness, and baby products, ensuring comprehensive assistance throughout pregnancy and early parenting stages.
Who are the top competitors of Mylo?
Mylo's top competitors include RforRabbit, Merlin Brands and Babyhug.
What products or services does Mylo offer?
Mylo offers Mylo Baby Diapers, Stretch Marks Cream, and Baby Carrier.
Who are Mylo's investors?
Mylo has 25 investors. Key investors include Xiaomi, ITC, Alteria Capital, Riverwalk Holdings, and Endiya Partners.
What is Mylo's valuation?
The valuation of Mylo is $47.03M as of Apr 2022.
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