About Polar Bear
Polar Bear is a company based in Bengaluru (India) founded in 2008 by Kishore Kumar Rai. It operates as a Direct-to-Consumer (D2C) and Franchise / Licensing. Polar Bear has raised $32.34 thousand across 1 funding round from investors including LK Narasimhan, Chandrashekar Gobal and Komala HK. The company has 245 employees as of April 08, 2024. Polar Bear offers products and services including Ice Cream Sundaes, Take Away Sundae Tubs, and Ice Cream Cakes. Polar Bear operates in a competitive market with competitors including Hangyo, NIC Ice Creams, MamaMia!, Cafe Chokolade and Apsara Ice Creams, among others.
- Headquarter Bengaluru, India
- Employees 245 as on 08 Apr, 2024
- Founders Kishore Kumar Rai
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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 Honeycomb Retail (India) Pvt. Ltd.
- Date of Incorporation 01 May, 2008
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$7.36 M (USD)57.36as on Mar 31, 2023
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Net Profit
$463.35 K (USD)36.34as on Mar 31, 2023
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EBITDA
$396.01 K (USD)22.41as on Mar 31, 2023
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Total Equity Funding
$32.34 K (USD)
in 1 rounds
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Latest Funding Round
$32.34 K (USD), Angel Round
Mar 23, 2013
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Investors
& 12 more
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Employee Count
245
as on Apr 08, 2024
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Products & Services of Polar Bear
Polar Bear offers a comprehensive portfolio of products and services, including Ice Cream Sundaes, Take Away Sundae Tubs, and Ice Cream Cakes.
Ice cream sundaes are offered in various flavors.
Takeaway sundae tubs are provided for convenience.
Ice cream cakes are crafted for special occasions.
Funding Insights of Polar Bear
Polar Bear has successfully raised a total of $32.34K through 1 strategic funding round. The most recent funding activity was a Angel Round of $32.34 thousand completed in March 2013. 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 Polar Bear
Polar Bear has secured backing from 13 investors, including angel investors. Prominent investors backing the company include LK Narasimhan, Chandrashekar Gobal and Komala HK.
| Investor | Description | Founded Year | Domain | Location |
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LK Narasimhan |
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CG
Chandrashekar Gobal |
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KH
Komala HK |
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Investor details for Polar Bear
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- Investor locations
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Investments & Acquisitions by Polar Bear
Investment portfolio details for Polar Bear
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Polar Bear
Detailed financials for Polar Bear
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Polar Bear Comparisons
Peer comparison for Polar Bear
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Polar Bear
Polar Bear 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 Hangyo, NIC Ice Creams, MamaMia!, Cafe Chokolade and Apsara Ice Creams, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Ice cream products are manufactured and branded by Hangyo.
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NIC Ice Creams is recognized for crafting premium, artisanal ice creams with real ingredients.
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Ice cream parlours are operated as a chain in India.
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Operates a chain of restaurants focused on ice creams and beverages.
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Handcrafted premium ice creams with real fruits, nuts, and no preservatives.
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Detailed competitors of Polar Bear
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Latest news on Polar Bear
Complete news archive for Polar Bear
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Frequently Asked Questions about Polar Bear
Polar Bear was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Polar Bear is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Polar Bear is a funded company, having raised a total of $32.34K across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Polar Bear is 245.
Annual revenue of Polar Bear is $7.36M as on Mar 31, 2023.
Polar Bear, operated by Honeycomb Retail (India) Pvt. Ltd., is focused on providing a variety of ice cream products including sundaes, takeaway tubs, and cakes. The company is engaged in the food and beverage sector, specifically targeting dessert lovers across India. Innovative delivery options are utilized to ensure customer convenience. Sustainability is prioritized to create a positive impact on communities and the environment. Expansion through franchising is actively pursued to reach more customers.
Polar Bear's top competitors include Hangyo, NIC Ice Creams and Cafe Chokolade.
Polar Bear offers Ice Cream Sundaes, Take Away Sundae Tubs, and Ice Cream Cakes.
Polar Bear has 13 investors. Key investors include LK Narasimhan, Chandrashekar Gobal, Komala HK, Venkataesha CVR, and Balasubramanian E.
The valuation of Polar Bear is $193.26K as of Mar 2013.