About Ode Spa Wellness
Ode Spa Wellness is a company based in Hyderabad (India) founded in 2007 by Ritesh Mastipuram. Ode Spa Wellness has raised $15 million across 1 funding round from investors including BanyanTree Finance. The company has 8 employees as of April 06, 2024. Ode Spa Wellness operates in a competitive market with competitors including Mamaearth, MyGlamm, L'Occitane, Minimalist and The Ayurveda Experience, among others.
- Headquarter Hyderabad, India
- Employees 8 as on 06 Apr, 2024
- Founders Ritesh Mastipuram
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Sectors
Business ServicesTravel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Masti Health And Beauty Private Limited
- Date of Incorporation 12 Sep, 2008
- Jurisdiction Seri Lingampally, Telangana, India
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Annual Revenue
$2.53 K (USD)-99.9as on Mar 31, 2023
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Net Profit
-$706.83 (USD)-103.02as on Mar 31, 2023
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EBITDA
-$240.35 (USD)-100.06as on Mar 31, 2023
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Series A
Apr 07, 2016
- Investors
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Employee Count
8
as on Apr 06, 2024
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Funding Insights of Ode Spa Wellness
Ode Spa Wellness has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series A round of $15 million completed in April 2016. 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 Series A — $15.0M
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First Round
First Round
(07 Apr 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series A - Ode Spa Wellness | Valuation | BanyanTree Finance |
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Investors in Ode Spa Wellness
Ode Spa Wellness has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BanyanTree Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm engaging in diverse sector partnerships in India.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ode Spa Wellness
Financial Statements - Ode Spa Wellness
Ode Spa Wellness Comparisons
Competitors of Ode Spa Wellness
Ode Spa Wellness 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 Mamaearth, MyGlamm, L'Occitane, Minimalist and The Ayurveda Experience, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online brand offering multi-category natural skin care and makeup products
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| domain | founded_year | HQ Location |
Online platform selling beauty products, makeup, skincare, and cosmetics in India.
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| domain | founded_year | HQ Location |
Beauty and personal care products are sold by L'Occitane globally.
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| domain | founded_year | HQ Location |
Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
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| domain | founded_year | HQ Location |
Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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| domain | founded_year | HQ Location |
Organic beauty products are offered by an internet-first brand.
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Latest news on Ode Spa Wellness
Frequently Asked Questions about Ode Spa Wellness
Ode Spa Wellness was founded in 2007 and raised its 1st funding round 9 years after it was founded.
Ode Spa Wellness is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Ritesh Mastipuram is the current CEO of Ode Spa Wellness. They have also founded this company.
Ode Spa Wellness is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series A of $15M, raised on Apr 07, 2016.
As of Apr 06, 2024, the latest employee count at Ode Spa Wellness is 8.
Annual revenue of Ode Spa Wellness is $2.53K as on Mar 31, 2023.
Ode Spa Wellness was founded in 2007 by Ritesh Mastipuram and is headquartered in Hyderabad, India. Operations focus on the wellness sector, where various spa services are delivered to clients. The company maintains a presence through its domain odespa.com, supporting local access to treatments and therapies. Core activities encompass standard spa offerings, with emphasis on service provision in the Indian market.
Ode Spa Wellness's top competitors include MyGlamm, Mamaearth and L'Occitane.
Ode Spa Wellness has 1 investor. Key investors include BanyanTree Finance.