About Ode Spa Wellness
Ode Spa Wellness is a Business Services company based in Hyderabad (India) founded in 2007 by Ritesh Mastipuram. It operates as a spa and wellness services are provided in Hyderabad, India. It operates in the Business Services and Travel & Hospitality sectors. Ode Spa Wellness has raised $15 million across 1 funding round from investors including BanyanTree Finance. The company has 8 employees. Its chief executive is Ritesh Mastipuram. Its website odespa.com draws about 36 thousand monthly visits. Its Indian entity Masti Health And Beauty Private Limited reported revenue of ₹34.50 Cr. Its focus areas include Consumer, Professional Consumer Services, Personal Wellness Services and Massage and Spas. Its competitors include Mamaearth, MyGlamm, L'Occitane, Minimalist and The Ayurveda Experience and 2 more; 7 of its 7 listed competitors have raised funding.
Company details
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.
- Headquarters Hyderabad, India
- Employees 8
- Founders Ritesh Mastipuram
- SectorsBusiness ServicesTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website odespa.com
- Social LinkedIn X Facebook Instagram
- Legal Name Masti Health And Beauty Private Limited
- Date of Incorporation 12 Sep, 2008
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹34.50 Cr
FY 2025 · -1% YoY
- Net Profit₹1.10 Cr
FY 2025 · 3% margin
- EBITDA₹6.11 Cr
FY 2025 · 18% margin
- Total Equity Funding$15M (USD)
in 1 rounds
- Latest Funding Round$15M (USD), Series A
Apr 2016
- Investors
- Employee Count8
Associated legal entities of Ode Spa Wellness
Ode Spa Wellness operates through Masti Health And Beauty Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Masti Health And Beauty Private Limited CIN U85100TG2008PTC061011 | Active | 12 Sep 2008 | Hyderabad, Telangana | ₹34.5 Cr | 8 | 2 | View details |
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 $15M
- Total Rounds 1
- Last Round Series A — $15M
- First Round $15M
(Apr 2016)
- Investors Count 1
All 1 funding rounds of Ode Spa Wellness with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2016 | $15M | Series A | – | BanyanTree Finance | – |
1 investors in total: 1 institutional.
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 |
|---|---|---|---|---|
Investment firm engaging in diverse sector partnerships in India. | 2008 | banyantreefinance.com | Mumbai, India |
Investor details for Ode Spa Wellness
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Board of directors of Masti Health And Beauty Private Limited (Ode Spa Wellness)
Masti Health And Beauty Private Limited is the primary company behind Ode Spa Wellness. The board of Masti Health And Beauty Private Limited currently have 2 directors; the longest-serving is Ritesh Reddy Mastipuram, appointed in 2008. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ritesh Reddy Mastipuram DIN 02276077 | Director | 12 Sep 2008 | 18 yrs 1 mo | Masti Health And Beauty Private Limited |
| Swetha Arikatlareddy DIN 02276251 | Director | 12 Sep 2008 | 18 yrs 1 mo | Masti Health And Beauty Private Limited |
People of Ode Spa Wellness
8 people are tracked at Ode Spa Wellness (1 in leadership, 7 in team); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Prerna Bose | Business Development Manager | Team |
Nandini B Belsare | Spa Manager | Team |
Srinivas Reddy Devapatla | Operations Manager | Team |
Rahul Misra | Cluster Manager | Team |
Renuka S | Operations Manager | Team |
Pooja Hankare | Duty Manager | Team |
Atinder Pal Singh | DUTY Manager | Team |
Complete people profiles for Ode Spa Wellness
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Financials of Ode Spa Wellness
Figures of Masti Health And Beauty Private Limited, the primary company behind Ode Spa Wellness, for FY 2025. Revenue was ₹34.50 Cr (-1% year on year). Net profit was ₹1.10 Cr (3% margin). EBITDA was ₹6.11 Cr (18% margin). Revenue has grown at a compounded annual rate of +18% over three years and -14% over five years.
- ₹34.50 CrRevenue · FY 2025 · -1% YoY
- ₹1.10 CrNet profit · 3% margin
- ₹6.11 CrEBITDA · 18% margin
- ₹3.21 CrPaid-up capital
- 8Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- -14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Masti Health And Beauty Private Limited are on its company page.
Detailed financial statements for Ode Spa Wellness
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Ode Spa Wellness
2 dated milestones of Ode Spa Wellness across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Ode Spa Wellness is founded.
- Funding First funding round of $15.0M.
Competitors of Ode Spa Wellness
Ode Spa Wellness has 7 listed competitors in our database, 7 of them funded. They include Mamaearth, MyGlamm, L'Occitane, Minimalist and The Ayurveda Experience, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mamaearth.in | 2016 | Gurugram, India | $89.36M | 1,900 | Online brand offering multi-category natural skin care and makeup products | |
| myglamm.com | 2015 | Mumbai, India | $105.68M | 411 | Online platform selling beauty products, makeup, skincare, and cosmetics in India. | |
| loccitane.com | 1976 | Paris, France | $10M | – | Beauty and personal care products are sold by L'Occitane globally. | |
| beminimalist.co | 2018 | Jaipur, India | $17.02M | 545 | Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns | |
| theayurvedaexperience.com | 2010 | Singapore | $33M | – | Provides online sales of Ayurvedic face, body, hair care, and educational resources. | |
| buywow.in | 2014 | Bengaluru, India | $98M | 100 | Organic beauty products are offered by an internet-first brand. | |
| plumgoodness.com | 2013 | Thane, India | $103.79M | 293 | Vegan skincare, haircare, and body care products are provided. |
Detailed competitors of Ode Spa Wellness
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- Full competitor set
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Web traffic of Ode Spa Wellness
The website of Ode Spa Wellness (odespa.com) receives about 36.3K visits a month.
- Monthly visits36.3K
▲ 432.3% vs previous month
Websites whose visitors overlap most with Ode Spa Wellness. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
luxurybodyspa.in | luxurybodyspa.in | 100% | – | #2,520,596 | – |
bodycare24x7.com | bodycare24x7.com | 95% | – | – | – |
djspaahmedabad.in | djspaahmedabad.in | 91% | – | – | – |
sanjeevinispa.com | sanjeevinispa.com | 86% | – | – | – |
Top companies in Professional Consumer Services
10 companies that operate in the same segment as Ode Spa Wellness (Professional Consumer Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Provider of anAI-driven travel planning & recommendation platform | 2014 | London, England, United Kingdom | USD 64.39 M | USD 10.21 M | 51 | |
Water treatment and hygiene solutions are provided for various industries. | 1998 | Fort Mill, South Carolina, United States | USD 486.9 M | USD 88.99 M | 491 | |
On-demand laundry, dry cleaning, and garment care services are provided. | 2015 | Seoul, South Korea | USD 23.75 M | – | – | |
Provider of veterinary services | 1999 | Diss, Norfolk, United Kingdom | – | USD 942.43 M | 8,820 | |
Hardware products are retailed through stores and online channels. | 1924 | Oak Brook, Illinois, United States | – | USD 516.88 M | 14,600 | |
Rollins, Inc. is engaged in providing pest control services worldwide. | 1948 | Atlanta, Georgia, United States | – | USD 3.76 B | 20,270 | |
Website access management solutions are provided to block bot traffic. | 1844 | Manchester, Greater Manchester, United Kingdom | USD 492.88 M | – | 70,000 | |
Car washing services are booked via an online subscription platform. | 2004 | Springdale, Arkansas, United States | USD 70 M | – | – | |
AI-powered healthcare solutions for Medicare beneficiaries are provided. | 2020 | New York, New York, United States | USD 167.16 M | – | – |
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Related news about Ode Spa Wellness
Complete news archive for Ode Spa Wellness
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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 2016.
Ode Spa Wellness has 8 employees.
The primary company behind Ode Spa Wellness, Masti Health And Beauty Private Limited, reported revenue of ₹34.50 Cr for FY 2025, down 1% year on year.
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.
Ode Spa Wellness operates through Masti Health And Beauty Private Limited.
The legal entities of Ode Spa Wellness currently have 2 directors, including Ritesh Reddy Mastipuram, Swetha Arikatlareddy.