About Olive Theory
Olive Theory is a company based in Mumbai (India) founded in 2012 by Arunanshu Agarwal and Vijay Agarwal. Olive Theory has raised $3.45 million across 8 funding rounds from investors including Rocket Internet, Texport and FabFurnish. The company has 20 employees as of April 08, 2024. Olive Theory has completed 2 acquisitions, including Crude Area and Homado.
- Headquarter Mumbai, India
- Employees 20 as on 08 Apr, 2024
- Founders Arunanshu Agarwal, Vijay Agarwal
- Stage Minicorn
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Sectors
Consumer
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Oth Online Private Limited
- Date of Incorporation 10 Apr, 2017
- Jurisdiction Lowerparel, Mumbai, Maharashtra, India
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Annual Revenue
$319.49 K (USD)-67.73as on Mar 31, 2023
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Net Profit
$90.02 K (USD)151.98as on Mar 31, 2023
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EBITDA
$128.16 K (USD)158.33as on Mar 31, 2023
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Total Equity Funding
$3.45 M (USD)
in 8 rounds
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Latest Funding Round
$518.2 K (USD), Series A
Feb 14, 2025
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Investors
Rocket Internet
& 25 more
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Employee Count
20
as on Apr 08, 2024
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Investments & Acquisitions
Crude Area
& 1 more
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Funding Insights of Olive Theory
Olive Theory has successfully raised a total of $3.45M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $518.2 thousand completed in February 2025. 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 Olive Theory
Olive Theory has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Rocket Internet, Texport and FabFurnish.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage investments are made across sectors in India.
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Locked | Locked | Locked | |
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Global investments in internet and technology startups are facilitated.
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Locked | Locked | Locked | |
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Online/Offline Furniture Shopping
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Locked | Locked | Locked |
Investor details for Olive Theory
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Olive Theory
Olive Theory has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Crude Area and Homado.
Investment portfolio details for Olive Theory
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Interior designers and architects are connected through Homado's online marketplace.
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Locked | Locked | 2014 | Locked | |
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Curated artwork and home decor products are sold online.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Olive Theory
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Olive Theory
Detailed financials for Olive Theory
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- Profit trends
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Olive Theory Comparisons
Peer comparison for Olive Theory
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Competitors of Olive Theory
Detailed competitors of Olive Theory
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Latest news on Olive Theory
Complete news archive for Olive Theory
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Frequently Asked Questions about Olive Theory
Olive Theory was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Olive Theory is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Olive Theory is a funded company, having raised a total of $3.45M across 8 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Olive Theory is 20.
Annual revenue of Olive Theory is $319.49K as on Mar 31, 2023.
Olive Theory was founded in 2012 in Mumbai, India, as an online platform in the product discovery sector. Visual search capabilities are provided for home-improvement categories including bedding, decor, kitchenware, textiles, appliances, and furniture. Users upload photos to identify matching items. The service operates through an iOS app, targeting digital shoppers in the home goods market.
Olive Theory has made 2 acquisitions, including Crude Area, and Homado.
Olive Theory has 26 investors. Key investors include Rocket Internet, Texport, FabFurnish, Blume Ventures, and Pankaj Kajaria.
The valuation of Olive Theory is $8.66M as of Feb 2025.