About Paletly
Paletly is a company based in Mumbai (India) founded in 2013 by Suma Mandagiri. It operates as a B2C. Paletly has raised $269.07 thousand across 3 funding rounds from investors including Kae Capital, Artha India Ventures and Anupam Mittal. Paletly operates in a competitive market with competitors including Like, Goxip, TaoTaoSou, Fantasy Shopper and Shopest, among others.
- Headquarter Mumbai, India
- Founders Suma Mandagiri
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Paletly Designs Private Limited
- Date of Incorporation 16 Jan, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2015
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Net Profit
$0 (USD)0as on Mar 31, 2015
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EBITDA
$0 (USD)0as on Mar 31, 2015
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Total Equity Funding
$269.07 K (USD)
in 3 rounds
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Latest Funding Round
$269.07 K (USD), Seed
May 20, 2014
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Investors
Kae Capital
& 12 more
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Employee Count
Employee Count
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Funding Insights of Paletly
Paletly has successfully raised a total of $269.07K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $269.07 thousand completed in May 2014. 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 3
- Last Round Seed — $269,069
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Seed - Paletly | Valuation | Anupam Mittal | |
| Aug, 2013 | Amount | Seed - Paletly | Valuation | Anupam Mittal | |
| Feb, 2013 | Amount | Seed - Paletly | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Paletly
Paletly has secured backing from 13 investors, including angel and venture fund investors. Prominent investors backing the company include Kae Capital, Artha India Ventures and Anupam Mittal. 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 |
|---|---|---|---|---|
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Early-stage companies are targeted for series-stage venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage investing in tech startups in India.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paletly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paletly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paletly Comparisons
Competitors of Paletly
Paletly 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 Like, Goxip, TaoTaoSou, Fantasy Shopper and Shopest, 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 |
Products are visually searched using image recognition technology.
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| domain | founded_year | HQ Location |
Fashion apparel is discovered through images and social networking.
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| domain | founded_year | HQ Location |
Functions as an image search engine specialized for e-commerce applications.
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| domain | founded_year | HQ Location |
Online platform for slot games with login and registration features.
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| domain | founded_year | HQ Location |
Local stores and products are discovered via an app-based platform.
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| domain | founded_year | HQ Location |
Search Engine for clothes
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Paletly
When was Paletly founded?
Paletly was founded in 2013.
Where is Paletly located?
Paletly is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Paletly a funded company?
Paletly is a funded company, having raised a total of $269.07K across 3 funding rounds to date.
What does Paletly do?
Paletly operates a visual-based platform for discovering fashion products online, focusing on engaging in retail operations, operating online marketplaces, dealing with fashion products, and product discovery. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are Paletly's investors?
Paletly has 13 investors. Key investors include Kae Capital, Artha India Ventures, Anupam Mittal, Kalysta Capital, and Apurva Salarpuria.