About Pelican Essentials
Pelican Essentials is a company based in Bengaluru (India) founded in 2018 by Ravi Teja Nandula, Shahnawaz Aalam, and Pushpender Hooda.. Pelican Essentials has raised $508.4 thousand across 4 funding rounds from investors including Mumbai Angels, UBR Capital and Latha Srinivasan. Pelican Essentials offers products and services including Palo Sofa, Harmony Desk, and Bon Bed. Pelican Essentials operates in a competitive market with competitors including 10Club, Nestasia, Ellementry, Nestroots and eha, among others.
- Headquarter Bengaluru, India
- Founders Ravi Teja Nandula, Shahnawaz Aalam, Pushpender Hooda
- Stage Minicorn
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Constellate Manufacturing Private Limited
- Date of Incorporation 27 Apr, 2018
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$41.54 K (USD)604.44as on Mar 31, 2022
-
Net Profit
$-25.7 K (USD)-110.36as on Mar 31, 2022
-
EBITDA
$-25.66 K (USD)-43.9as on Mar 31, 2022
-
Total Equity Funding
$508.4 K (USD)
in 4 rounds
-
Latest Funding Round
$76.64 K (USD), Angel Round
Dec 16, 2024
-
Investors
Mumbai Angels
& 48 more
-
Employee Count
Employee Count
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
Products & Services of Pelican Essentials
Pelican Essentials offers a comprehensive portfolio of products and services, including Palo Sofa, Harmony Desk, and Bon Bed. 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.
Modular sofa with down feather cushions and durable frame.
Solid teak wood desk for work and productivity purposes.
Comfortable bed made from solid wood for home use.
Funding Insights of Pelican Essentials
Pelican Essentials has successfully raised a total of $508.4K across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $76.64 thousand completed in December 2024. 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 4
- Last Round Angel Round — $76,635
-
First Round
First Round
(11 Apr 2022)
- Investors Count 49
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Angel Round - Pelican Essentials | Valuation | Latha Srinivasan | |
| Jan, 2024 | Amount | Angel Round - Pelican Essentials | Valuation | Vinay Dudempudi | |
| Apr, 2023 | Amount | Angel Round - Pelican Essentials | Valuation | Anusha Nandula , Mrinaal Mittal |
| 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 Pelican Essentials
Pelican Essentials has secured backing from 49 investors, including angel and venture fund investors. Prominent investors backing the company include Mumbai Angels, UBR Capital and Latha Srinivasan. 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 |
|---|---|---|---|---|
|
Venture capital firm investing in technology and consumer companies with a focus on scaling and market dominance.
|
Founded Year | Domain | Location | |
|
Private equity firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Early-stage venture investments are facilitated by Mumbai Angels network.
|
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 Pelican Essentials
| 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 - Pelican Essentials
| 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 |
Pelican Essentials Comparisons
Competitors of Pelican Essentials
Pelican Essentials 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 10Club, Nestasia, Ellementry, Nestroots and eha, 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 |
Multi-category home products are offered through an internet-first platform.
|
|
| domain | founded_year | HQ Location |
Internet-first brand of multi-category home improvement products
|
|
| domain | founded_year | HQ Location |
Handmade home improvement products are sold online through Ellementry.
|
|
| domain | founded_year | HQ Location |
Home improvement products are sold via an online platform.
|
|
| domain | founded_year | HQ Location |
Online platform offering a wide range of eco-friendly kitchen and garden supplies
|
| 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 Pelican Essentials
Frequently Asked Questions about Pelican Essentials
When was Pelican Essentials founded?
Pelican Essentials was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Pelican Essentials located?
Pelican Essentials is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Pelican Essentials a funded company?
Pelican Essentials is a funded company, having raised a total of $508.4K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $109.1K, raised on Apr 11, 2022.
What is the annual revenue of Pelican Essentials?
Annual revenue of Pelican Essentials is $41.54K as on Mar 31, 2022.
What does Pelican Essentials do?
Internet first brand offering furniture products. The product catalog includes cabinets, tables, chairs, storage cupboards, desks, sofas, bed, mattresses, and more. The company claims that the products are made of sustainable materials such as baltic birch, steel, and more. The platform allows users refer friends and earn cashback. The app is available on both iOS and Android platforms.
Who are the top competitors of Pelican Essentials?
Pelican Essentials's top competitors include Nestasia, 10Club and The Better Home.
What products or services does Pelican Essentials offer?
Pelican Essentials offers Palo Sofa, Harmony Desk, and Bon Bed.
Who are Pelican Essentials's investors?
Pelican Essentials has 49 investors. Key investors include Mumbai Angels, UBR Capital, Latha Srinivasan, Praburajan Chandrasekaran, and Babitha Remith.
What is Pelican Essentials's valuation?
The valuation of Pelican Essentials is $3.42M as of Dec 2024.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.