Nirmalaya

Delhi, India Founded: 2020 • Age: 6 yrs
Provider of air care products offering diverified range of air fragrances
Annual revenue $843,625 Latest available
Total funding $1.6M 3 rounds
Employees 43 Tracked headcount
Investors 24 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Nirmalaya

Nirmalaya is a company based in Delhi (India) founded in 2020 by Rajeev Bansal, Bharat Bansal, and Surbhi Bansal. Nirmalaya has raised $1.65 million across 3 funding rounds from investors including Shiprocket, Artha Venture Fund and Huddle Ventures. The company has 43 employees as of April 06, 2024. Nirmalaya offers products and services including Havan Cups, Incense Sticks, Attars, Essential Oil, and Gifting Accessories. Nirmalaya operates in a competitive market with competitors including Phool, Hoovu, Helpusgreen, Amogha and Wow Nandi, among others.

  • Headquarter Delhi, India
  • Employees 43 as on 06 Apr, 2024
  • Founders Rajeev Bansal, Bharat Bansal, Surbhi Bansal
  • Stage Minicorn
  • Sectors
    Retail
    Consumer Media & Entertainment Environment
  • Email
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  • Website
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  • Legal Name Nirmalaya Wellness Private Limited
  • Date of Incorporation 28 Feb, 2020
  • Jurisdiction Delhi, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Media & Entertainment → Digital Media, Publishing & Broadcasting Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $843.62 K (USD)
    270200.44
    as on Mar 31, 2023
  • Net Profit
    -$288.97 K (USD)
    -1264708.57
    as on Mar 31, 2023
  • EBITDA
    -$313.41 K (USD)
    -1331040.93
    as on Mar 31, 2023
  • Total Equity Funding
    $1.65 M (USD)

    in 3 rounds

  • Latest Funding Round
    $800 K (USD), Seed

    Aug 05, 2022

  • Investors
    Shiprocket

    & 23 more

  • Employee Count
    43

    as on Apr 06, 2024

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Products & Services of Nirmalaya

Nirmalaya offers a comprehensive portfolio of products and services, including Havan Cups, Incense Sticks, Attars, Essential Oil, and Gifting Accessories.

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Eco-friendly cups for traditional rituals and home use.

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Natural sticks providing toxin-free aromas for meditation.

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Alcohol-free perfumes derived from recycled flowers for daily wear.

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Aromatherapy oils for destressing and home fragrance enhancement.

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Sustainable gifts like diffusers for special occasions.

Funding Insights of Nirmalaya

Nirmalaya has successfully raised a total of $1.65M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $800 thousand completed in August 2022. 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 Nirmalaya

Nirmalaya has secured backing from 24 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Shiprocket, Artha Venture Fund and Huddle Ventures.

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Venture Fund
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Angel
Investor Description Founded Year Domain Location
Venture capital investments in Indian startups across various sectors.
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Early-stage startups are invested in by dotin.network venture capital fund.
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Private equity firm backed by single family office
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Investments & Acquisitions by Nirmalaya

Investments
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Investment portfolio details for Nirmalaya

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Financial Statements - Nirmalaya

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Detailed financials for Nirmalaya

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Nirmalaya Comparisons

Nirmalaya Primary company
Description
Provider of air care products offering diverified range of a...
Location
Delhi, India
Founded Year
2020
Annual Revenue
$843.62 K (USD)
Net Profit
-$288.97 K (USD)
EBITDA
-$313.41 K (USD)
Employees
43
As of 2024
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Peer comparison for Nirmalaya

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Competitors of Nirmalaya

Nirmalaya 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 Phool, Hoovu, Helpusgreen, Amogha and Wow Nandi, among others.

Company Name Domain Founded year HQ Location Description
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Charcoal-free incense and products are handcrafted from floral temple waste.
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Religious flowers and accessories are supplied online by Hoovu.
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Organic incense and fertilizers are produced from recycled temple flowers.
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Provides natural incense sticks and cones for aromatherapy and meditation purposes.
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Offers natural products made from panchgavya for pooja and wellness, supporting gaushalas in India.
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Detailed competitors of Nirmalaya

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Latest news on Nirmalaya

Nirmalaya raises $800K in Seed Funding
Viestories3 years ago
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Complete news archive for Nirmalaya

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Frequently Asked Questions about Nirmalaya

Nirmalaya was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Nirmalaya is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Bharat Bansal is the current CEO of Nirmalaya. They have also founded this company.

Nirmalaya is a funded company, having raised a total of $1.65M across 3 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Nirmalaya is 43.

Annual revenue of Nirmalaya is $843.62K as on Mar 31, 2023.

Nirmalaya was founded in 2020 in Delhi, India, as a provider in the air care and eco-friendly lifestyle sector. Natural and handmade products, such as incense sticks, essential oils, attars, and diffusers, are manufactured from recycled flowers and herbs. These items are designed for spiritual wellness and self-care, with operations focused on sustainable practices in the Indian market.

Nirmalaya's top competitors include Phool, Hoovu and Helpusgreen.

Nirmalaya offers Havan Cups, Incense Sticks, Attars, Essential Oil, and Gifting Accessories.

Nirmalaya has 24 investors. Key investors include Shiprocket, Artha Venture Fund, Huddle Ventures, Flawless Company, and dotin.network.

The valuation of Nirmalaya is $3.25M as of Aug 2022.

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