About Plum
Plum is a company based in Thane (India) founded in 2013 by Shankar Prasad and Prasanya Chennapatnam. It operates as a Direct-to-Consumer (D2C). Plum has raised $103.79 million across 7 funding rounds from investors including Faering Capital, A91 Partners and Rashmika Mandanna. The company has 305 employees as of May 09, 2024. Plum offers products and services including Niacinamide & Rice Water Face Serum, Vanilla Caramello Eau De Parfum, and Coconut Milk & Peptides Shampoo. Plum operates in a competitive market with competitors including Mamaearth, MyGlamm, WOW Skin Science, Minimalist and Juicy Chemistry, among others.
- Headquarter Thane, India
- Employees 305 as on 09 May, 2024
- Founders Shankar Prasad, Prasanya Chennapatnam
- Stage Minicorn
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Sectors
ConsumerHealthcare
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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 Pureplay Skin Sciences (India) Private Limited
- Date of Incorporation 08 Oct, 2013
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$38.76 M (USD)71.31as on Mar 31, 2023
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Net Profit
-$6.36 M (USD)-66.18as on Mar 31, 2023
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EBITDA
-$7.6 M (USD)-99.53as on Mar 31, 2023
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Total Equity Funding
$103.79 M (USD)
in 7 rounds
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Latest Funding Round
$94.86 K (USD), Angel Round
Jun 23, 2022
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Investors
Faering Capital
& 6 more
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Employee Count
305
as on May 09, 2024
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Products & Services of Plum
Plum offers a comprehensive portfolio of products and services, including Niacinamide & Rice Water Face Serum, Vanilla Caramello Eau De Parfum, and Coconut Milk & Peptides Shampoo.
Brightens skin instantly with hydration, dermatologically tested product.
Long-lasting fragrance with vanilla and caramel notes.
Softens and nourishes hair strands for all types.
Funding Insights of Plum
Plum has successfully raised a total of $103.79M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $94.86 thousand completed in June 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.
Investors in Plum
Plum has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Faering Capital, A91 Partners and Rashmika Mandanna.
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Investment partnerships and support for founders in software, financial services, and consumer sectors.
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Corporate-backed venture capital firm focused on consumer tech and multiple sectors
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Private equity firm managing investments in Indian sectors.
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Investor details for Plum
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Investments & Acquisitions by Plum
Investment portfolio details for Plum
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Financial Statements - Plum
Detailed financials for Plum
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Plum Comparisons
Peer comparison for Plum
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- Named peers
- Headcount comparison
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Competitors of Plum
Plum 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 Mamaearth, MyGlamm, WOW Skin Science, Minimalist and Juicy Chemistry, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online brand offering multi-category natural skin care and makeup products
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Online platform selling beauty products, makeup, skincare, and cosmetics in India.
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Organic beauty products are offered by an internet-first brand.
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Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
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Natural skin and hair care products are sold online.
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Detailed competitors of Plum
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Plum
Complete news archive for Plum
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Frequently Asked Questions about Plum
Plum was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Plum is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Shankar Prasad is the current CEO of Plum. They have also founded this company.
Plum is a funded company, having raised a total of $103.79M across 7 funding rounds to date.
As of May 09, 2024, the latest employee count at Plum is 305.
Annual revenue of Plum is $38.76M as on Mar 31, 2023.
Plum is engaged in the development and sale of 100 vegan skincare, haircare, and body care products. The company operates in the personal care sector, providing a wide range of solutions including face serums, moisturizers, shampoos, and fragrances. Products are formulated with science-backed ingredients like niacinamide, vitamin C, and rice water, targeting various skin and hair concerns. Distribution is facilitated through an online platform, ensuring accessibility to a broad customer base in India and potentially beyond.
Plum's top competitors include MyGlamm, Mamaearth and Deconstruct.
Plum offers Niacinamide & Rice Water Face Serum, Vanilla Caramello Eau De Parfum, and Coconut Milk & Peptides Shampoo.
Plum has 7 investors. Key investors include Faering Capital, A91 Partners, Rashmika Mandanna, Unilever Ventures, and Trifecta Capital.
The valuation of Plum is $231.49M as of Mar 2022.