About Parachute Advansed
Parachute Advansed is a company based in Mumbai (India) founded in 1971. It operates as a B2C, and D2C. The company has 1,832 employees as of March 31, 2023. Parachute Advansed offers products and services including Gold Hair Oil, Ayurvedic Hair Oil, AloeVera Hair Oil, Hot Hair Oil, and Onion Hair Oil. Parachute Advansed operates in a competitive market with competitors including Bajaj Consumer Care and Punarjeeva, among others.
- Headquarter Mumbai, India
- Employees 1832 as on 31 Mar, 2023
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Marico Ltd
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.19 B (USD)3.1as on Mar 31, 2023
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Net Profit
$158.95 M (USD)5.34as on Mar 31, 2023
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EBITDA
$217.63 M (USD)7.67as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1832
as on Mar 31, 2023
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Products & Services of Parachute Advansed
Parachute Advansed offers a comprehensive portfolio of products and services, including Gold Hair Oil, Ayurvedic Hair Oil, AloeVera Hair Oil, Hot Hair Oil, and Onion Hair Oil. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides nourishment for stronger and healthier hair.
Reduces hair fall with natural ayurvedic ingredients.
Offers deep conditioning for soft and hydrated hair.
Repairs dry hair and maintains scalp hydration.
Promotes hair growth and controls hair fall.
Helps control hair greying and reduces hair fall.
Funding Insights of Parachute Advansed
| 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 |
Investments & Acquisitions by Parachute Advansed
| 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 - Parachute Advansed
| 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 |
Parachute Advansed Comparisons
Competitors of Parachute Advansed
Parachute Advansed 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 Bajaj Consumer Care and Punarjeeva, 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 |
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| domain | founded_year | HQ Location |
Provider of brand specializing in high-quality hair care and skin care products
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| domain | founded_year | HQ Location |
Brand specializing in natural hair care products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Parachute Advansed
Frequently Asked Questions about Parachute Advansed
When was Parachute Advansed founded?
Parachute Advansed was founded in 1971.
Where is Parachute Advansed located?
Parachute Advansed is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Parachute Advansed have?
As of Mar 31, 2023, the latest employee count at Parachute Advansed is 1,832.
What is the annual revenue of Parachute Advansed?
Annual revenue of Parachute Advansed is $1.19B as on Mar 31, 2023.
What does Parachute Advansed do?
Parachute Advansed, under Marico Ltd. in Mumbai, India, produces coconut-based hair oils infused with natural ingredients like aloe vera and onion. These products target issues such as hair fall, dryness, and greying through online sales and educational blogs. The company focuses on deep nourishment and damage protection for everyday hair care, serving general consumers with effective, plant-derived solutions.
Who are the top competitors of Parachute Advansed?
Parachute Advansed's top competitors include Bajaj Consumer Care and Punarjeeva.
What products or services does Parachute Advansed offer?
Parachute Advansed offers Gold Hair Oil, Ayurvedic Hair Oil, AloeVera Hair Oil, Hot Hair Oil, and 2 more products and services.