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
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Constellate Manufacturing Private Limited
- Date of Incorporation 27 Apr, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$41.54 K (USD)604.44as on Mar 31, 2022
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Net Profit
-$25.7 K (USD)-110.36as on Mar 31, 2022
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EBITDA
-$25.66 K (USD)-43.9as on Mar 31, 2022
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Total Equity Funding
$508.4 K (USD)
in 4 rounds
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Latest Funding Round
$76.64 K (USD), Angel Round
Dec 16, 2024
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Investors
Mumbai Angels
& 48 more
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Employee Count
Not available
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Products & Services of Pelican Essentials
Pelican Essentials offers a comprehensive portfolio of products and services, including Palo Sofa, Harmony Desk, and Bon Bed.
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 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.
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.
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Venture capital firm investing in technology and consumer companies with a focus on scaling and market dominance.
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Private equity firm focused on multiple sectors
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Investor details for Pelican Essentials
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Investments & Acquisitions by Pelican Essentials
Investment portfolio details for Pelican Essentials
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Financial Statements - Pelican Essentials
Detailed financials for Pelican Essentials
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Pelican Essentials Comparisons
Peer comparison for Pelican Essentials
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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.
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Multi-category home products are offered through an internet-first platform.
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Internet-first brand of multi-category home improvement products
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Handmade home improvement products are sold online through Ellementry.
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Home improvement products are sold via an online platform.
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Online platform offering a wide range of eco-friendly kitchen and garden supplies
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Detailed competitors of Pelican Essentials
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Latest news on Pelican Essentials
Complete news archive for Pelican Essentials
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Frequently Asked Questions about Pelican Essentials
Pelican Essentials was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Pelican Essentials is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Pelican Essentials is a funded company, having raised a total of $508.4K across 4 funding rounds to date.
Annual revenue of Pelican Essentials is $41.54K as on Mar 31, 2022.
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.
Pelican Essentials's top competitors include Nestasia, 10Club and The Better Home.
Pelican Essentials offers Palo Sofa, Harmony Desk, and Bon Bed.
Pelican Essentials has 49 investors. Key investors include Mumbai Angels, UBR Capital, Latha Srinivasan, Praburajan Chandrasekaran, and Babitha Remith.
The valuation of Pelican Essentials is $3.42M as of Dec 2024.