About Rafique
Rafique is a company based in Cheonan (South Korea) founded in 2017.. Rafique has raised $3.09 million across 1 funding round from investors including Industrial Bank of Korea, Quantum Ventures Korea and Hana Ventures. Rafique offers products and services including SofTech, SoftFerm, and ODM/OEM Services. Rafique operates in a competitive market with competitors including Aekyung, BNB Korea, Sunjin, Biogenix and KODI Corporation, among others.
- Headquarter Cheonan, South Korea
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.09 M (USD)
in 1 rounds
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Latest Funding Round
$3.09 M (USD), Series A
Jul 01, 2022
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Investors
Industrial Bank of Korea
& 3 more
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Employee Count
Employee Count
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Products & Services of Rafique
Rafique offers a comprehensive portfolio of products and services, including SofTech, SoftFerm, and ODM/OEM Services. 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.
Plant-based technology for direct skin application in cosmetics
Fermentation tech for enhanced cosmetic formulations
Comprehensive cosmetics development and production services
Funding Insights of Rafique
Rafique has successfully raised a total of $3.09M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.09 million completed in July 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 1
- Last Round Series A — $3.1M
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First Round
First Round
(01 Jul 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - Rafique | Valuation | Industrial Bank of Korea , Quantum Ventures Korea |
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| 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 Rafique
Rafique has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Industrial Bank of Korea, Quantum Ventures Korea and Hana Ventures. 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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Founded Year | Domain | Location | |
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Financial support is provided to ventures by Hana Ventures.
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Founded Year | Domain | Location | |
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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 Rafique
| 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 - Rafique
| 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 |
Rafique Comparisons
Competitors of Rafique
Rafique 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 Aekyung, BNB Korea, Sunjin, Biogenix and KODI Corporation, 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 |
Beauty and personal care products are retailed in South Korea.
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| domain | founded_year | HQ Location |
Contract manufacturer of cosmetics products
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| domain | founded_year | HQ Location |
Contract manufacturing of personal care and cosmetics products is conducted.
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| domain | founded_year | HQ Location |
Health care products are manufactured by Biogenix in South Korea.
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| domain | founded_year | HQ Location |
Cosmetic products are provided by KODI Corporation since 1999.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Rafique
When was Rafique founded?
Rafique was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Rafique located?
Rafique is headquartered in Cheonan, South Korea. It is registered at Cheonan, Chungcheongnam-do, South Korea.
Who is the current CEO of Rafique?
Beom Joo Lee is the current CEO of Rafique.
Is Rafique a funded company?
Rafique is a funded company, having raised a total of $3.09M across 1 funding round to date. The company's 1st funding round was a Series A of $3.09M, raised on Jul 01, 2022.
What does Rafique do?
Rafique was established in 2017 in Cheonan, South Korea, as a contract manufacturer in the cosmetics sector. Production services for various cosmetic products are provided to clients, with operations centered on formulation and manufacturing processes. The facility supports end-to-end production needs, including quality control and packaging. Leadership is held by CEO Beom Joo Lee, ensuring focused operations in the regional market.
Who are the top competitors of Rafique?
What products or services does Rafique offer?
Rafique offers SofTech, SoftFerm, and ODM/OEM Services.
Who are Rafique's investors?
Rafique has 4 investors. Key investors include Industrial Bank of Korea, Quantum Ventures Korea, Hana Ventures, and Enlight Ventures.