About Nobero
Nobero is a company based in Hyderabad (India) founded in 2014 by Rakhee Rakesh Agrawal, Bala Satish Satish, and Karthik Venkat was acquired by TMRW in November 2022.. Nobero has raised $300 thousand across 1 funding round from investors including TMRW and Rakhee Agarwal. The company has 54 employees as of April 08, 2024. Nobero offers products and services including Nobero App, Summer Tees, Travel Joggers, and Oversized Tees. Nobero operates in a competitive market with competitors including Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, among others.
- Headquarter Hyderabad, India
- Employees 54 as on 08 Apr, 2024
- Founders Rakhee Rakesh Agrawal, Bala Satish Satish, Karthik Venkat
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Sectors
RetailFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pratyaya E-Commerce Pvt. Ltd.
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$1.97 M (USD)35.85as on Mar 31, 2023
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Net Profit
$-626.07 K (USD)-36.88as on Mar 31, 2023
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EBITDA
$-718.97 K (USD)-103.49as on Mar 31, 2023
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Total Equity Funding
$300 K (USD)
in 1 rounds
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Latest Funding Round
$300 K (USD), Angel Round
Jan 14, 2015
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Investors
TMRW
& 1 more
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Employee Count
54
as on Apr 08, 2024
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Acquired by
TMRW
(Nov 28, 2022)
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Products & Services of Nobero
Nobero offers a comprehensive portfolio of products and services, including Nobero App, Summer Tees, Travel Joggers, and Oversized Tees. 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 purchasing fashion items online
Casual tees designed for summer comfort and style
Comfortable joggers suitable for travel and daily wear
Loose-fit tees offering relaxed fashion options
Funding Insights of Nobero
Nobero has successfully raised a total of $300K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $300 thousand completed in January 2015. 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 1
- Last Round Angel Round — $300,000
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First Round
First Round
(14 Jan 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2015 | Amount | Angel Round - Nobero | Valuation | Rakhee Agarwal |
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| 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 Nobero
Nobero has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include TMRW and Rakhee Agarwal. 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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Tech-enabled services for fashion businesses are provided through a platform.
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Founded Year | Domain | Location | |
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RA
Rakhee Agarwal |
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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 Nobero
| 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 - Nobero
| 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 |
Nobero Comparisons
Competitors of Nobero
Nobero 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 Hopscotch, Bewakoof, Styched, Max Fashion and Be Young, 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 |
Apparel and accessories for children are provided online.
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| domain | founded_year | HQ Location |
Multi-category fashion products are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category fashion for men and women is offered online.
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| domain | founded_year | HQ Location |
Internet first brand of clothing, footwear, and accessories for women, men, and kids
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| domain | founded_year | HQ Location |
Everyday fashion apparel, accessories, and combo options are retailed.
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| domain | founded_year | HQ Location |
Internet first brand offering apparel wear for women and men
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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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Frequently Asked Questions about Nobero
When was Nobero founded?
Nobero was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Nobero located?
Nobero is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Nobero?
Karthik Venkat is the current CEO of Nobero. They have also founded this company.
Is Nobero a funded company?
Nobero is a funded company, having raised a total of $300K across 1 funding round to date. The company's 1st funding round was a Angel Round of $300K, raised on Jan 14, 2015.
How many employees does Nobero have?
As of Apr 08, 2024, the latest employee count at Nobero is 54.
What is the annual revenue of Nobero?
Annual revenue of Nobero is $1.97M as on Mar 31, 2023.
What does Nobero do?
Nobero was founded in 2014 in Hyderabad, India, as an internet-first brand in the apparel sector. Clothing items for women and men are provided, including tops, bottoms, activewear, shorts, boxers, joggers, t-shirt dresses, hoodies, combo sets, printed tees, and t-shirts. These products are available in various colors, sizes, fabrics, and styles through online operations.
Who are the top competitors of Nobero?
What products or services does Nobero offer?
Nobero offers Nobero App, Summer Tees, Travel Joggers, and Oversized Tees.
Who are Nobero's investors?
Nobero has 2 investors. Key investors include TMRW, and Rakhee Agarwal.
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