About Phool
Phool is a company based in Kanpur (India) founded in 2015 by Prateek Kumar and Ankit Agarwal.. Phool has raised $12.69 million across 8 funding rounds from investors including Indian Institute of Technology Kanpur, Sixth Sense Ventures and Hansa Hasmukh Shah. The company has 275 employees as of January 03, 2025. Phool operates in a competitive market with competitors including Hoovu, Nirmalaya, Helpusgreen, Amogha and Wow Nandi, among others.
- Headquarter Kanpur, India
- Employees 275 as on 03 Jan, 2025
- Founders Prateek Kumar, Ankit Agarwal
- Stage Minicorn
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Sectors
EnvironmentConsumer Media & Entertainment Retail
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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 Kanpur Flowercycling Private Limited
- Date of Incorporation 20 Jul, 2017
- Jurisdiction Kanpur, Uttar Pradesh, India
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Annual Revenue
$5.84 M (USD)74.86as on Mar 31, 2024
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Net Profit
$-611.17 K (USD)-47.2as on Mar 31, 2024
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EBITDA
$-511.94 K (USD)-15.02as on Mar 31, 2024
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Total Equity Funding
$12.69 M (USD)
in 8 rounds
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Latest Funding Round
$8 M (USD), Series A
Apr 05, 2022
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Investors
Indian Institute of Technology Kanpur
& 22 more
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Employee Count
275
as on Jan 03, 2025
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Funding Insights of Phool
Phool has successfully raised a total of $12.69M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in April 2022. 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 8
- Last Round Series A — $8.0M
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First Round
First Round
(30 Sep 2017)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - Phool | Valuation | Sixth Sense Ventures | |
| Jul, 2021 | Amount | Series A - Phool | Valuation | Alia Bhatt , Eternal Sunshine Productions | |
| May, 2021 | Amount | Series A - Phool | Valuation | Indian Angel Network |
| 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 Phool
Phool has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Indian Institute of Technology Kanpur, Sixth Sense Ventures and Hansa Hasmukh Shah. 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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Venture capital fund investing in consumer-focused startups in India.
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Founded Year | Domain | Location | |
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Angel investor network investing in early-stage startups
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Founded Year | Domain | Location | |
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Early-stage, high-impact social enterprises are supported by the foundation.
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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 Phool
| 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 - Phool
| 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 |
Phool Comparisons
Competitors of Phool
Phool 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 Hoovu, Nirmalaya, Helpusgreen, Amogha and Wow Nandi, 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 |
Religious flowers and accessories are supplied online by Hoovu.
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| domain | founded_year | HQ Location |
Provider of air care products offering diverified range of air fragrances
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| domain | founded_year | HQ Location |
Organic incense and fertilizers are produced from recycled temple flowers.
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| domain | founded_year | HQ Location |
Provides natural incense sticks and cones for aromatherapy and meditation purposes.
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| domain | founded_year | HQ Location |
Offers natural products made from panchgavya for pooja and wellness, supporting gaushalas in India.
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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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Latest news on Phool
Frequently Asked Questions about Phool
When was Phool founded?
Phool was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Phool located?
Phool is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.
Who is the current CEO of Phool?
Ankit Agarwal is the current CEO of Phool. They have also founded this company.
Is Phool a funded company?
Phool is a funded company, having raised a total of $12.69M across 8 funding rounds to date. The company's 1st funding round was a Series A of $547.32K, raised on Sep 30, 2017.
How many employees does Phool have?
As of Jan 03, 2025, the latest employee count at Phool is 275.
What is the annual revenue of Phool?
Annual revenue of Phool is $5.84M as on Mar 31, 2024.
What does Phool do?
Phool was founded in 2015 in Kanpur, India, within the sustainable consumer goods sector. Floral waste is collected from temples and mosques, then processed through flowercycling into handcrafted items by rural womens self-help groups. The portfolio includes bamboo-less incense sticks, mosquito repellents, cones, essential oils, and patented organic fertilizers. Operations emphasize eco-friendly production without charcoal.
Who are the top competitors of Phool?
Phool's top competitors include Hoovu, Nirmalaya and Helpusgreen.
Who are Phool's investors?
Phool has 23 investors. Key investors include Indian Institute of Technology Kanpur, Sixth Sense Ventures, Hansa Hasmukh Shah, Indian Angel Network, and Alia Bhatt.
What is Phool's valuation?
The valuation of Phool is $23.21M as of Apr 2022.