About Onest Ltd
Onest Ltd is a company based in Mumbai (India) founded in 2020. Onest Ltd has raised $1.7 million across 2 funding rounds from investors including Glentrade and Anita Kumbhar. The company has 26 employees. Onest Ltd offers products and services including Brands and Portfolio Services.
- Headquarter Mumbai, India
- Employees 26
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website onestltd.com
- Social LinkedIn X Facebook
- Legal Name Onest Limited
- Date of Incorporation 16 Jan, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹226 Cr
FY 2025 · +16% YoY
- Net Profit₹6.42 Cr
FY 2025 · 3% margin
- EBITDA₹11.93 Cr
FY 2025 · 5% margin
- Total Equity Funding$1.7M (USD)
in 2 rounds
- Latest Funding Round$363.48K (USD), Angel Round
Mar 2023
- Employee Count26
Associated legal entities of Onest Ltd
Onest Ltd operates through Onest 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 |
|---|---|---|---|---|---|---|---|
| Onest Limited CIN U74999MH2018PLC304191 | Active | 16 Jan 2018 | Mumbai, Maharashtra | ₹226 Cr | 26 | 8 | View details |
Products & Services of Onest Ltd
Onest Ltd offers a comprehensive portfolio of products and services, including Brands and Portfolio Services.
A diverse portfolio of brands is managed by the company for various uses
Services related to portfolio offerings are provided, including rights reservation
Funding Insights of Onest Ltd
Onest Ltd has successfully raised a total of $1.7M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $363.48 thousand completed in March 2023. 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 $1.7M
- Total Rounds 2
- Last Round Angel Round — $363,480
- First Round $1.34M
(Dec 2021)
- Investors Count 2
All 2 funding rounds of Onest Ltd 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 |
|---|---|---|---|---|---|
| Mar 2023 | $363,480 | Angel Round | $24.6M | – | – |
| Dec 2021 | $1.34M | Seed | $13.44M | Glentrade |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $24.6M | •••••••• |
| Dec 2021 | $13.44M | •••••••• |
Last known valuation $24.6M (Mar 2023). 2 investors in total: 1 institutional and 1 angel.
Investors in Onest Ltd
Onest Ltd has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Glentrade and Anita Kumbhar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AK Anita Kumbhar | - | – | unknown_d6002612a688489cb | - |
- | – | glentrade.tcc.mode | - |
Investor details for Onest Ltd
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Onest Limited (Onest Ltd)
Onest Limited is the primary company behind Onest Ltd. The board of Onest Limited currently have 6 directors; the longest-serving is Pawan Kumar Gupta, appointed in 2018. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pawan Kumar Gupta DIN 07810911 | Managing Director | 15 Jun 2018 | 8 yrs 3 mo | Onest Limited |
| Anuja Ajit Dindore DIN 08789045 | Whole-time director | 11 Jul 2020 | 6 yrs 3 mo | Onest Limited |
| Reshma Ramchandra Nikam DIN 08355105 | Whole-time director | 26 Mar 2021 | 5 yrs 6 mo | Onest Limited |
| Alok Kumar Jaiswal DIN 09759509 | Whole-time director | 08 Oct 2022 | 4 yrs | Onest Limited |
| Rajiv Ghanshyam Bhirud DIN 10181790 | Director | 02 Jun 2023 | 3 yrs 4 mo | Onest Limited |
| Neena Sharma DIN 08899817 | Director | 02 Jun 2023 | 3 yrs 4 mo | Onest Limited |
People of Onest Ltd
1 people are tracked at Onest Ltd (1 in leadership); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Onest Ltd
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Onest Ltd
Figures of Onest Limited, the primary company behind Onest Ltd, for FY 2025. Revenue was ₹226 Cr (+16% year on year). Net profit was ₹6.42 Cr (3% margin). EBITDA was ₹11.93 Cr (5% margin).
- ₹226 CrRevenue · FY 2025 · +16% YoY
- ₹6.42 CrNet profit · 3% margin
- ₹11.93 CrEBITDA · 5% margin
- ₹25.38 CrPaid-up capital
- 26Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Onest Limited are on its company page.
Detailed financial statements for Onest Ltd
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Onest Ltd
4 dated milestones of Onest Ltd across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Onest Ltd is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $363K.
Web traffic of Onest Ltd
The website of Onest Ltd (onestltd.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 19.2% vs previous month
Latest news on Onest Ltd
Complete news archive for Onest Ltd
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Onest Ltd
10 companies that operate in the same segment as Onest Ltd (Beauty & Personal Care Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 6,330 | |
3M is recognized as a global leader in industrial innovation. | 1902 | United States | – | USD 24.95 B | 74 | |
Provider of FMCG conglomerate products | 1837 | United States | – | USD 457.23 M | 923 | |
Subscription-based men's grooming products are provided by Harry's. | 2012 | New York, New York, United States | USD 755.88 M | – | 431 | |
Baby products from multiple retailers are aggregated and browsed online. | 2011 | Oakland, California, United States | USD 40.67 M | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | – | – | |
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 58.54 M | – | – | |
Platform offering multi-category natural beauty care products | 2019 | Mumbai, Maharashtra, India | USD 46.98 M | USD 9.25 M | 94 |
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Frequently Asked Questions about Onest Ltd
Onest Ltd was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Onest Ltd is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Onest Ltd is a funded company, having raised a total of $1.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.34M, raised on Dec 2021.
Onest Ltd has 26 employees.
The primary company behind Onest Ltd, Onest Limited, reported revenue of ₹226 Cr for FY 2025, up 16% year on year.
Onest was established in 2020 and is based in Mumbai, India. Operations focus on the fast-moving consumer goods sector, where a range of personal care items, home care solutions, food products, and household brands are offered. Industrial product lines are also included in the portfolio. Services encompass distribution and supply of these essentials to meet varied consumer demands across the region.
Onest Ltd offers Brands and Portfolio Services.
Onest Ltd has 2 investors. Key investors include Glentrade, and Anita Kumbhar.
The valuation of Onest Ltd is $24.6M as of Mar 2023.
Onest Ltd operates through Onest Limited.
The legal entities of Onest Ltd currently have 8 directors, including Pawan Kumar Gupta, Anuja Ajit Dindore, Reshma Ramchandra Nikam and others.