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
-
Sectors
Business ServicesTravel & Hospitality
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Masti Health And Beauty Private Limited
- Date of Incorporation 12 Sep, 2008
- Jurisdiction Seri Lingampally, Telangana, India
-
Annual Revenue
$2.53 K (USD)-99.9as on Mar 31, 2023
-
Net Profit
$-706.83 (USD)-103.02as on Mar 31, 2023
-
EBITDA
$-240.35 (USD)-100.06as on Mar 31, 2023
-
Total Equity Funding
$15 M (USD)
in 1 rounds
-
Latest Funding Round
$15 M (USD), Series A
Apr 07, 2016
- Investors
-
Employee Count
8
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
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
-
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 |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Investment firm engaging in diverse sector partnerships in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ode Spa Wellness
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ode Spa Wellness
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
Online brand offering multi-category natural skin care and makeup products
|
|
| domain | founded_year | HQ Location |
Online platform selling beauty products, makeup, skincare, and cosmetics in India.
|
|
| domain | founded_year | HQ Location |
Beauty and personal care products are sold by L'Occitane globally.
|
|
| domain | founded_year | HQ Location |
Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
|
|
| domain | founded_year | HQ Location |
Provides online sales of Ayurvedic face, body, hair care, and educational resources.
|
|
| domain | founded_year | HQ Location |
Organic beauty products are offered by an internet-first brand.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ode Spa Wellness
Frequently Asked Questions about Ode Spa Wellness
When was Ode Spa Wellness founded?
Ode Spa Wellness was founded in 2007 and raised its 1st funding round 9 years after it was founded.
Where is Ode Spa Wellness located?
Ode Spa Wellness is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Ode Spa Wellness?
Ritesh Mastipuram is the current CEO of Ode Spa Wellness. They have also founded this company.
Is Ode Spa Wellness a funded 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.
How many employees does Ode Spa Wellness have?
As of Apr 06, 2024, the latest employee count at Ode Spa Wellness is 8.
What is the annual revenue of Ode Spa Wellness?
Annual revenue of Ode Spa Wellness is $2.53K as on Mar 31, 2023.
What does Ode Spa Wellness do?
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.
Who are the top competitors of Ode Spa Wellness?
Ode Spa Wellness's top competitors include MyGlamm, Mamaearth and L'Occitane.
Who are Ode Spa Wellness's investors?
Ode Spa Wellness has 1 investor. Key investors include BanyanTree Finance.